Starry Inc.

The information on this page was last updated 5/18/2023. If you see errors or omissions, please email: [email protected]


Summary



STARRY nurtures children, strengthens families, and restores hope through counseling, family support, foster care, and adoption. We provide high quality services that have a lasting impact on Texas families. Although we have separate programs we are tied together in our mission to increase the amount of Texas families who are connected and thriving.

STARRY offers comprehensive counseling that's guided by grace and love. We also provide compassionate guidance to families as they navigate the foster care and adoption process. In our Fatherhood Program we take a father positive approach to champion the work that Dads are doing. All of our Programs share the belief that our communities deserve an invested, trauma-informed, and high quality agency to help their families learn and grow. We hope you will learn more and partner with us!

STARRY provides trauma-informed care to clients by using Trust-Based Relational Intervention®. We work to meet the needs of the body, soul, and spirit of children by using the TBRI® principles of connecting, empowering, and correcting.

STARRY's Foster Care program is partially funded by the Texas Department of Family and Protective Services and our Counseling Program is partially funded by the Texas Department of Family and Protective Service- Prevention and Early Intervention- FAYS Program.

STARRY currently serves children on an emergency basis from newborn to 17 years old who have been removed from their homes by the Texas Department of Family and Protective Services (TDFPS) due to abuse and/or neglect.

STARRY also provides crisis intervention services and solution-focused counseling in 32 Texas counties. Services are available 24 hours a day, seven days a week and include individual, family, and group counseling, along with child abuse prevention services.


Contact information

Mailing address:
Starry Inc.
1300 N Mays St
Round Rock, TX 78664

Website: starry.org

Phone: 512-388-8290

Email: [email protected]


Organization details

EIN: 043589689

CEO/President: Richard Singleton

Chairman: Christine Simpson

Board size: 7

Founder:

Ruling year: 2002

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:


Purpose

Ensuring that every child across Texas has a healthy, forever family. We serve children and their families whether they are navigating through the foster care and adoption system or are seeking family support services such as counseling, youth skills, and parenting skills. STARRY offers comprehensive, compassionate services guided by grace and love.


Mission statement

We nurture children, strengthen families, and restore hope through counseling, fatherhood, and foster/adoption services. STARRY's mission is to support children, youth, and parents in crisis through services that protect, educate, and promote strong families.


Statement of faith

Donor confidence score

Show donor confidence score details

Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Adoption/Foster Care

CategoryRatingOverall rankSector rank
Overall efficiency rating127 of 10976 of 34
Fund acquisition rating109 of 10994 of 34
Resource allocation rating625 of 109921 of 34
Asset utilization rating67 of 10973 of 34

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%3%1%1%1%1%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
4%3%1%1%1%1%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
63%100%98%100%99%99%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
4%2%1%1%1%1%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
37%0%2%0%1%1%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%83%99%99%99%99%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%124%104%98%108%94%
Program output ratio Program output ratio =
Program services /
Total revenue
80%103%103%97%107%93%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%-24%-4%2%-8%6%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
5%-113%-5%4%-16%10%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%15%0%0%0%0%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.834.611.181.751.931.52
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.301.001.171.465.525.76
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.644.611.382.5610.688.76
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
14.054.997.116.291.952.27
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.200.140.160.510.44
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.982.087.503.950.550.77
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%20%12%11%9%8%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
91%17%75%51%47%61%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$887,553$1,981,289$1,581,295$200$200
Receivables, inventories, prepaids$625,874$604,498$553,862$553,229$598,035
Short-term investments$108,023$108,022$87,999$0$0
Other current assets$0$0$0$0$0
Total current assets$1,621,450$2,693,809$2,223,156$553,429$598,235
Long-term investments$0$0$0$663,699$2,125,144
Fixed assets$0$0$404$1,211$3,443
Other long-term assets$0$450,190$1,026,552$1,835,976$717,144
Total long-term assets$0$450,190$1,026,956$2,500,886$2,845,731
Total assets$1,621,450$3,143,999$3,250,112$3,054,315$3,443,966
 
Liabilities20222021202020192018
Payables and accrued expenses$325,265$378,832$353,359$283,184$263,187
Other current liabilities$0$0$0$0$0
Total current liabilities$325,265$378,832$353,359$283,184$263,187
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$0$0$0$0$0
Total liabilities$325,265$378,832$353,359$283,184$263,187
 
Net assets20222021202020192018
Without donor restrictions$1,296,185$2,736,873$2,690,842$2,524,117$2,871,184
With donor restrictions$0$28,294$205,911$247,014$309,595
Net assets$1,296,185$2,765,167$2,896,753$2,771,131$3,180,779
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$5,993,132$3,485,440$5,787,880$5,414,287$5,537,629
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$0$16,162$15,822$44,905$26,995
Other revenue$18,412$68,164$1,344$622$8,421
Total other revenue$18,412$84,326$17,166$45,527$35,416
Total revenue$6,011,544$3,569,766$5,805,046$5,459,814$5,573,045
 
Expenses20222021202020192018
Program services$6,214,444$3,659,811$5,618,568$5,856,878$5,196,811
Management and general$1,086,396$12,523$18,570$13,600$14,614
Fundraising$179,686$32,849$50,015$37,546$31,976
Total expenses$7,480,526$3,705,183$5,687,153$5,908,024$5,243,401
 
Change in net assets20222021202020192018
Surplus (deficit)($1,468,982)($135,417)$117,893($448,210)$329,644
Other changes in net assets$0$0$0$0$0
Total change in net assets($1,468,982)($135,417)$117,893($448,210)$329,644

Compensation

NameTitleCompensation
Richard SingletonCEO$204,406
Jessica KilpatrickVP of Strategy & Innovation$104,926
Mandie ChancellorVP of Operations$104,590

Compensation data as of: 8/31/2022


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 5/18/2023. To update the information below, please email: [email protected]


History

The services currently offered by STARRY began when Texas Baptist Children's Home (TBCH) opened an emergency shelter for children in the 1970s. On March 1, 1991, TBCH began non-residential community-based counseling services to children and families in the local community. In 2001, that program became known as STARRY, an independent 501(c)3 nonprofit agency. STARRY added foster care to its services in 2004 and adoption services in 2006.


Program accomplishments

Our Impact:

16,161 families and children served last year

19 years of making a difference

Over 25,000 hours of counseling and training last year


Needs