Overview
What is Streets Ministries Inc?
Streets Ministries Inc, a nonprofit organization based in Memphis, Tennessee, plays a significant role in the community by offering mentoring, outreach, educational, and recreational programs for over 300 youth daily across its two locations. The organization's mission, driven by the love of Jesus Christ, is to engage, encourage, and equip young people to reach their full potential by discovering their God-given purpose. Streets Ministries strives to provide a supportive environment and resources outside of the school system, aiming to positively impact the lives of the local youth. With a team of 27 dedicated employees, the organization remains committed to its mission in the community.
Official website here: www.streetsministries.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
Streets Ministries Inc has achieved a remarkable score of 96%, reflecting its strong commitment to accountability and financial transparency. The organization has earned a Four-Star rating, with its overall score derived entirely from its performance in the Accountability & Finance beacon. This high rating indicates that the charity adheres to best practices in financial management and governance, ensuring that donations are used effectively.
The nonprofit demonstrates robust governance, with 90% of its board members being independent, and has achieved perfect scores in several key areas, including its audit and oversight practices. Their financial health is notable, with a program expense ratio of 80.30%, indicating that the majority of funds are directed towards fulfilling its mission rather than administrative costs. Additionally, they have comprehensive policies in place related to conflicts of interest, whistleblowing, and document retention.
While the data does not highlight any significant limitations, the charity's governance structure and financial practices position it as a trustworthy organization. Its strong performance in accountability metrics suggests that donors can have confidence in how their contributions are managed and utilized for the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Streets Ministries Inc legitimate?
Streets Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Streets Ministries 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: $207,330
Professional Fundraising Fees: $0
Other Salaries and Wages: $462,978
For more financial information, click here
Official website here: www.streetsministries.org
What is the mission statement of Streets Ministries Inc?
Streets Ministries Inc, driven by the love of Jesus Christ, engages, encourages, and equips young people to reach their full potential by realizing their God-given purpose. The organization's mission is to empower these individuals through various activities, including mentoring, outreach, educational, and recreational programs, providing opportunities for over 300 youth daily. The ministry's objective is to foster an environment that supports the holistic development of young people, enabling them to fulfill their unique destinies.
Official website here: www.streetsministries.org
Who is the CEO of Streets Ministries Inc?
Eric Ballentine is the Director of Streets Ministries Inc.
Official website here: www.streetsministries.org
What is the revenue of Streets Ministries Inc?
Streets Ministries Inc's revenue in 2022 was $1,863,301.
Official website here: www.streetsministries.org
Who are the executives of Streets Ministries Inc and what are their salaries?
The average compensation at Streets Ministries Inc during 2022 was $24,826. There are 27 employees and 200 volunteers at Streets Ministries Inc.
Here are 20 key members and their salaries:
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Official website here: www.streetsministries.org
Where can I find the form 990 for Streets Ministries Inc?
Streets Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.streetsministries.org
Learn more at the official website: www.streetsministries.org
Mission Statement of Streets Ministries Inc
Streets Ministries Inc, with its dedication to the love of Jesus Christ, aims to engage, encourage, and equip young people to fulfill their potential and realize their God-given purpose. The nonprofit organization's mission is centered around supporting these individuals, fostering an environment that nurtures their growth and development. Through various ministry activities, Streets Ministries Inc offers mentoring, outreach, educational, and recreational programs outside of the school structure. These activities cater to over 300 youth daily, providing them with opportunities to grow beyond the confines of their traditional educational settings.
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Impact
July, 2024
Streets Ministries Inc, through its activities engaging, encouraging, and equipping youth in Memphis, Tennessee, has had a significant impact on the lives of over 300 young people daily. By providing mentoring, outreach, and educational programs, Streets Ministries is instrumental in helping these youth realize their potential and God-given purpose. Through the love of Jesus Christ, this organization is making a meaningful difference in the lives of young individuals, offering them support and guidance beyond the confines of the traditional school structure.
This information is meant to be a general summary of Streets Ministries 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.
- Gross Receipts: $1,898,105
Assets and Liabilities:
- Total Assets: $8,509,028
- Total Liabilities: $120,698
- Net Assets: $8,388,330
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Organization Details
Founding Year
1998
Phone
(901) 525-7380Principal Officer
Eric Ballentine
Main Address
PO BOX 42181, MEMPHIS, TN, 381742181
Website
www.streetsministries.orgNTEE Category
Code: P300 - Human services
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