Overview
What is Angel Street Inc?
Angel Street Inc is a nonprofit organization situated in Cordova, Tennessee. Their primary focus is empowering young women through music, providing them with a creative outlet and an opportunity to understand their worth and discover their purpose. This is achieved through weekly rehearsals and performances, songwriting, and recording sessions, involving around 40 participants. The organization seeks to equip these young women to serve their community as leaders. Angel Street Inc operates in areas with limited artistic opportunities, offering musical training to girls as mentors. With a team of eight dedicated individuals, this nonprofit utilizes music as a powerful tool for personal growth and community engagement.
Official website here: www.angelstreetmemphis.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.
Angel Street Inc has received a moderate rating of 73%, indicating a need for improvement in certain areas related to accountability and finance. The organization demonstrates strong governance practices, with an independent board and no material diversion of assets, contributing positively to its overall score.
However, there are significant gaps noted in their operational transparency, including the absence of a whistleblower policy and a document retention policy, which both received zero points. Additionally, the nonprofit did not post its tax form on its website, impacting its transparency metrics. Despite these issues, the organization's program expense ratio of 62.09% shows a commitment to utilizing resources effectively for its programs.
This AI summary has been generated from information found on Charity Navigator.
Is Angel Street Inc legitimate?
Angel Street Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Angel Street 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: $58,030
Professional Fundraising Fees: $0
Other Salaries and Wages: $201,376
For more financial information, click here
Official website here: www.angelstreetmemphis.com
What is the mission statement of Angel Street Inc?
Angel Street Inc's mission is centered around empowering young women through music. The organization provides musical training in communities with limited artistic opportunities, aiming to help these young women understand their value, discover their purpose, and become creatively equipped to serve their communities as leaders. Music serves as a significant point of outreach for Angel Street Inc, with auditions held for girls from local schools, and regular rehearsals and performances throughout the year. This creative outlet also aims to keep kids engaged and away from potentially harmful activities. The program involves songwriting, recording, and performances, allowing the participants to develop their talents and contribute positively to their communities.
Official website here: www.angelstreetmemphis.com
Who is the CEO of Angel Street Inc?
Ruth Abigail Smith is the Chairwoman of Angel Street Inc.
Official website here: www.angelstreetmemphis.com
What is the revenue of Angel Street Inc?
Angel Street Inc's revenue in 2022 was $609,877.
Official website here: www.angelstreetmemphis.com
Who are the executives of Angel Street Inc and what are their salaries?
The average compensation at Angel Street Inc during 2022 was $32,426. There are 8 employees at Angel Street Inc.
Here are 7 key members and their salaries:
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- Compensation: $54,165
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- Other: $2,782
Official website here: www.angelstreetmemphis.com
Where can I find the form 990 for Angel Street Inc?
Angel Street Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.angelstreetmemphis.com
Learn more at the official website: www.angelstreetmemphis.com
Mission Statement of Angel Street Inc
Angel Street Inc, an organization dedicated to empowering young women, achieves this mission through music. By providing musical training in communities with limited artistic opportunities, Angel Street seeks to help young women understand their value, discover their purpose, and become creatively equipped to serve their community as leaders. The organization's largest point of outreach is music. Girls from local schools audition for placements within the choir, and those selected attend weekly rehearsals and participate in performances, songwriting, and recording throughout the year. This creative outlet keeps kids off the streets, with 40 children participating in the program.
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Impact
July, 2024
Angel Street Inc has a significant impact on the young women in Cordova, TN. By providing musical training and creative outlets for girls from area schools, Angel Street empowers them to understand their value, discover their purpose, and become leaders in the Memphis community. Through activities like choir participation, performances, songwriting, and recording, Angel Street keeps youth engaged and off the streets, positively influencing the lives of 40 participants.
This information is meant to be a general summary of Angel Street 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: $279
- Program Service Revenue: $7,831
- Gross Receipts: $651,217
Assets and Liabilities:
- Total Assets: $429,849
- Total Liabilities: $18,937
- Net Assets: $410,912
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDIO RECORDINGS
Revenue
$4,499
Organization Details
Founding Year
2016
Phone
(901) 857-3533Principal Officer
Ruth Abigail Smith
Main Address
PO BOX 93, CORDOVA, TN, 38088
Website
www.angelstreetmemphis.comNTEE Category
Code: O50 - Youth development
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