Overview
What is Streetwise Partners Inc?
Streetwise Partners Inc is a prominent nonprofit organization situated in New York City, specifically at 222 BROADWAY 19 FL. Their mission is to combat unemployment in low-income communities by leveraging mentoring resources from the private sector. They achieve this by pairing business professionals with unemployed individuals, providing them with essential skills, resources, and access to networks necessary for securing and maintaining employment. Streetwise Partners' mentoring model is structured, curriculum-driven, and outcomes-focused, catering to the individual needs of job seekers. In the fiscal year 2021, the organization collaborated with various corporate and community partners, as well as 2,500 volunteers, to support over 600 individuals in New York City, Washington D.C., and Detroit. The results of their program showcase significant improvement, with 70% of graduates securing employment within a year, experiencing an average annual salary increase from $10,000 to $50,000+. With a workforce of 23 individuals, Streetwise Partners continues to make a tangible impact on the lives of those in need.
Official website here: www.streetwisepartners.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 97%, Four-Star out of Four Star rating.
Streetwise Partners Inc has achieved an impressive Four-Star rating from Charity Navigator, with a strong emphasis on accountability and finance. The charity demonstrates robust governance practices, including a fully independent board and effective financial oversight. Their high program expense ratio indicates a strong commitment to direct service and impact, while the low fundraising efficiency ratio suggests they manage their costs effectively.
User feedback on Great Nonprofits highlights the positive impact Streetwise Partners has had on individuals seeking to improve their professional skills. Reviewers commend the organization for helping them reinvent themselves, adapt to the job market, and achieve personal goals. This indicates that the program not only serves its mission but also fosters a supportive community among participants, leading to a cycle of referrals and continued engagement.
While the data presents a favorable view of Streetwise Partners, it is essential to consider that user reviews are limited in number. This may not fully capture the breadth of experiences available to all participants. Overall, the charity's financial health and positive testimonials suggest a trustworthy organization dedicated to empowering individuals through skill development.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Streetwise Partners Inc legitimate?
Streetwise Partners Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Streetwise Partners Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $224,223
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,036,490
For more financial information, click here
Official website here: www.streetwisepartners.org
What is the mission statement of Streetwise Partners Inc?
Streetwise Partners Inc's mission is centered around reducing unemployment within low-income communities. They achieve this by leveraging the mentoring resources from the private sector. The organization pairs business professionals with unemployed individuals, providing them with essential skills, resources, and network access to secure and maintain employment. This initiative aims to empower the unemployed, thereby contributing to a more stable and employable workforce.
Official website here: www.streetwisepartners.org
Who is the CEO of Streetwise Partners Inc?
Shari Krull is the Chairman of Streetwise Partners Inc. The CEO's salary of Streetwise Partners Inc is $187,684 and their total compensation is $189,245.
Official website here: www.streetwisepartners.org
What is the revenue of Streetwise Partners Inc?
Streetwise Partners Inc's revenue in 2022 was $2,346,318.
Official website here: www.streetwisepartners.org
Who are the executives of Streetwise Partners Inc and what are their salaries?
The average compensation at Streetwise Partners Inc during 2022 was $54,814. There are 23 employees and 1687 volunteers at Streetwise Partners Inc.
Here are 26 key members and their salaries (Streetwise Partners Inc's CEO's salary is $187,684 and their total compensation is $189,245):
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- Compensation: $187,684
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Official website here: www.streetwisepartners.org
Where can I find the form 990 for Streetwise Partners Inc?
Streetwise Partners Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.streetwisepartners.org
Learn more at the official website: www.streetwisepartners.org
Mission Statement of Streetwise Partners Inc
Streetwise Partners Inc, a renowned organization, aims to reduce unemployment within low-income communities in New York City, Washington, D.C., and Michigan. They accomplish this mission by harnessing the mentoring resources of the private sector. The nonprofit pairs business professionals with unemployed individuals, providing them with essential skills, resources, and access to networks needed to secure and maintain employment. This mentoring approach empowers those in need, equipping them with the tools necessary to navigate the job market and sustain employment, ultimately contributing to their overall well-being and economic stability.
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Impact
October, 2024
Streetwise Partners Inc has a significant impact by addressing unemployment in low-income communities through a structured mentoring program. By pairing business professionals with unemployed individuals, the organization focuses on equipping mentees with essential skills, resources, and networking opportunities necessary for securing and maintaining employment.
This unique, curriculum-driven approach not only provides individualized attention but also effectively closes the skills gap that often hinders job seekers. In the last fiscal year, the organization collaborated with nearly 50 corporate and community partners, leveraging the expertise of around 2,500 volunteers to support 600 individuals across New York City, Washington, D.C., and Detroit.
The results speak for themselves: 70% of program graduates find employment within a year of completion, with average annual personal salaries rising dramatically from $10,000 to over $50,000. Streetwise Partners Inc plays a vital role in reducing unemployment while fostering economic empowerment in the communities it serves.
This information is meant to be a general summary of Streetwise Partners Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $194
- Gross Receipts: $2,448,278
Assets and Liabilities:
- Total Assets: $1,417,223
- Total Liabilities: $193,337
- Net Assets: $1,223,886
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Organization Details
Founding Year
1997
Phone
(646) 704-0039Principal Officer
Shari Krull
Main Address
222 BROADWAY 19 FL, NEW YORK, NY, 10038
Website
www.streetwisepartners.orgNTEE Category
Code: J20 - Employment
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