Starability Foundation Inc

What it reported doing in 2024

To transform the lives of individuals with disabilities by providing social, vocational and educational connections to the community, while strengthening awareness and respect for individual abilities. Starability shines a light on ability, not disability. At starability we support people with disabilities by providing life transforming opportunities that emphasize teamwork and connection to the community to build awareness and respect for individual abilities. Starability fills a void that exists for people with intellectual and developmental disabilities who have aged out of the school system. Continued on schedule ostarability provides educational, social and recreational programs including life skills classes, cooking & nutrition classes, bowling, baseball and basketball leagues, book clubs, photography workshops, improv classes, visual art programs, a music academy and monthly social events.starability advocates for employment options for people with disabilities in the community. In 2016, starability launched the trailblazer academy, a full-time program which provides vocational training, employment readiness, life skills education, fitness and nutrition and art and personal enrichment opportunities. The goal of the trailblazer academy is to help prepare participants for employment and independent living. Over 60 vocational partners are providing on-site job training and skill development and the participants are active and engaged in the community at both the employers and other activity centers. Classroom instruction supplements the program in both employment readiness (resume writing, interview techniques) and reinforcement of academic skills.

Financial Efficiency

• Mission deployment rate: 35.1%; rating input score 35
• Program expense ratio: 81.7%; rating input score 82
• Fundraising efficiency: $26.21 raised per $1 spent on fundraising; rating input score 63; 63rd percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 59.6%; rating input score 96; 96th percentile among comparable filings
• Total-asset coverage ratio: 5.06; rating input score 85; 85th percentile among comparable filings
• Liabilities to assets ratio: 0.19; rating input score 60; 60th percentile among comparable filings
• Officer compensation ratio: 4.1%; rating input score 58; 58th percentile among comparable filings

Growth

• Program expense growth: 27% per year; rating input score 100; 94th percentile among comparable filings
• Revenue growth: 25.3% per year; rating input score 100; 95th percentile among comparable filings
• Asset growth: 23.6% per year; rating input score 100; 93rd percentile among comparable filings