Starr Commonwealth: Company Profile

Background

Overview

Starr Commonwealth is a nonprofit organization dedicated to creating positive environments where children, families, and communities can flourish. Founded in 1913, the organization has a longstanding history of providing trauma-informed care and behavioral health services. Its mission is to lead with courage to create positive experiences so that all children, families, and communities flourish.

Mission and Vision

Starr Commonwealth's mission is to lead with courage to create positive experiences so that all children, families, and communities flourish. The organization envisions a world where every child has the opportunity to heal, grow, and succeed, regardless of their past experiences.

Primary Area of Focus

The organization specializes in residential, community-based, educational, and professional training programs that build on the strengths of children, adults, and families. These programs are designed to address trauma, promote resilience, and foster positive growth.

Industry Significance

Starr Commonwealth is recognized as a leader in providing trauma-informed care and behavioral health services. Its innovative programs and commitment to healing and resilience have set a standard in the nonprofit sector for supporting children and families affected by trauma.

Key Strategic Focus

Core Objectives

Trauma-Informed Care: Implementing programs that recognize and respond to the impact of trauma on children and families.

Resilience Building: Developing initiatives that foster resilience and positive growth among youth and adults.

Community Engagement: Strengthening communities by providing support and resources to families and professionals.

Specific Areas of Specialization

Residential Programs: Offering specialized treatment programs for children and adolescents.

Community-Based Services: Providing outpatient services, including trauma assessment and intervention.

Professional Training: Delivering training and coaching for educators, clinicians, and parents on trauma-informed practices.

Key Technologies Utilized

Starr Commonwealth employs various technologies to enhance its services, including:

Digital Learning Platforms: For delivering online training and educational resources.

Telehealth Services: To provide remote behavioral health support.

Data Management Systems: For tracking client progress and program outcomes.

Primary Markets or Conditions Targeted

Children and Adolescents: Especially those affected by trauma, abuse, or neglect.

Families: Providing support and resources to strengthen family units.

Educators and Clinicians: Offering professional development in trauma-informed care.

Financials and Funding

Funding History

Starr Commonwealth operates as a nonprofit organization, primarily funded through:

Grants: From state and federal agencies.

Donations: From individuals and philanthropic organizations.

Program Fees: For certain services offered.

Total Funds Raised

In the 2024 fiscal year, Starr Commonwealth reported:

Revenue: $11.6 million.

Expenses: $10.4 million.

Total Assets: $89.9 million.

Notable Investors

As a nonprofit, Starr Commonwealth does not have traditional investors. Its funding sources include government grants, private donations, and program fees.

Intended Utilization of Capital

The funds are utilized for:

Program Development: Creating and expanding services for children and families.

Operational Costs: Maintaining facilities and staff.

Training and Education: Providing professional development for staff and community partners.

Pipeline Development

Key Programs and Initiatives

Student Resilience & Empowerment Center: A program supporting middle school students facing behavioral health challenges.

Integrated Service Partnership: Collaboration with the Children's Hospital of Michigan to deliver mental health support to children with significant health issues.

Stages of Development

These programs are currently operational and serving communities in Michigan and Ohio.

Target Conditions

Behavioral Health Challenges: Including trauma, anxiety, and depression.

Medical Conditions: Such as those requiring complex care like heart transplants.

Relevant Timelines for Anticipated Milestones

Specific timelines for program milestones are not publicly detailed.

Technological Platform and Innovation

Proprietary Technologies

Starr Commonwealth utilizes proprietary training programs and therapeutic approaches developed in-house to address trauma and build resilience.

Significant Scientific Methods

Trauma-Informed Care: An approach that recognizes the widespread impact of trauma and integrates this understanding into practices.

Resilience Building Techniques: Methods designed to foster resilience in children and families.

AI-Driven Capabilities

While specific AI-driven capabilities are not detailed, Starr Commonwealth employs data management systems to track client progress and program outcomes.

Leadership Team

Key Executives

Elizabeth Carey: President and CEO. Elizabeth has been with Starr Commonwealth for several years, leading the organization with a focus on trauma-informed care and resilience building.

Leadership Changes

No recent significant changes or appointments within the leadership team have been publicly announced.

Competitor Profile

Market Insights and Dynamics

The nonprofit sector focusing on trauma-informed care and behavioral health services is growing, with increasing recognition of the importance of mental health support for children and families.

Competitor Analysis

Starr Commonwealth operates in a niche market with few direct competitors offering comprehensive trauma-informed care and resilience-building programs. However, other organizations in the behavioral health and child welfare sectors may offer overlapping services.

Strategic Collaborations and Partnerships

Significant Collaborations

Children's Hospital of Michigan: Partnership to deliver mental health support to children with significant health issues.

Strategic Opportunities and Future Directions

Starr Commonwealth continues to explore opportunities to expand its services, enhance program effectiveness, and strengthen community partnerships to better serve children and families.