StarVista shutting down
Briefly

StarVista will close on August 1 due to financial challenges and an unsuccessful merger attempt. The nonprofit had laid off employees in April in an effort to cut costs. Its Crisis Center and San Mateo County Pride Center will relocate to more affordable spaces but remain operational. In 2023, an audit revealed that a former clinical director embezzled $700,000 over 13 years. For the fiscal year ending June 30, 2023, the organization faced a $434,906 deficit and reported declining revenue of $16,273,133.
We are heartbroken to share this news. Our team, our potential merger partner, and our San Mateo County partners worked together in good faith to navigate StarVista's complex situation.
For the fiscal year ending June 30, 2023, StarVista had an operating deficit of $434,906. It reported revenue that year of $16,273,133 - down from the $17,109,127 in the previous fiscal year.
Read at Padailypost
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