Star of the Sea Foundation Inc

Overview

The Star of the Sea Foundation Inc is a nonprofit organization based in Key West, Florida, primarily focused on providing assistance to indigent and underprivileged residents of Monroe County. The organization operates under the mission of fostering a healthier community through equitable food access, food recovery, and nutrition education.

Mission and Activities

The foundation's core mission is to distribute essential goods such as food, clothing, and household items without cost to those in need. It places a significant emphasis on providing and recovering nutritious food, aiming to address hunger while reducing food waste. Additionally, it offers support services like guidance in applying for food stamps and Medicaid, as well as health-focused initiatives and cooking education opportunities to promote healthier eating habits.

In recent years, Star of the Sea Foundation has served over 11,000 residents, distributing nearly 2 million pounds of food annually. This extensive outreach underscores its commitment to improving food security and community health in Monroe County.

Financial Overview

As of recent reports, the organization's revenue primarily comes from charitable contributions. In 2022, the total revenue was reported to be just over $4 million, with expenses slightly exceeding this amount. The foundation operates with a substantial asset base and maintains financial integrity, as evidenced by its strong program expense ratio.

Governance and Leadership

The foundation's leadership includes dedicated board members and officers, ensuring sound governance practices. The organization emphasizes community engagement and equity strategies, contributing to its strong reputation in the nonprofit sector.

Ratings and Recognition

Star of the Sea Foundation has received a commendable Four-Star rating from Charity Navigator, acknowledging its strong financial management and community impact. The organization's transparency and effective governance practices contribute to its high ratings.

Impact and Challenges

Operating in a region where a significant portion of households live below or near the poverty line, the foundation plays a crucial role in addressing food insecurity and promoting health education. Despite the challenges faced by its community, Star of the Sea Foundation continues to provide vital services, relying on the support of volunteers and donors to fulfill its mission.