Overview
What is Street Business School?
Street Business School (SBS) is a non-governmental organization (NGO) dedicated to eradicating poverty globally. Based in Colorado, USA, SBS supports its partner organizations by covering their training costs, primarily through donations and training fees. SBS's unique approach combines business training tailored to the needs of impoverished individuals with coaching and mentoring, empowering them to become successful microentrepreneurs. SBS operates through a collaborative model, partnering with mission-aligned organizations to offer their proven income generation and livelihood skills training in communities with high poverty rates. As of December 2019, SBS has certified 439 coaches from 180 organizations in 27 countries, impacting thousands of women. The organization has shown significant improvements in sales revenue, profits, and business ownership for its graduates through a randomized control trial. SBS also collaborates with large NGOs like BRAC to contribute to their curricula and expand its reach. In summary, Street Business School empowers women to break the cycle of poverty and build thriving futures for their families.
Official website here: www.streetbusinessschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%
Street Business School (SBS) has achieved a Four-Star out of Four Star rating from Charity Navigator, indicating high accountability and financial health. With a strong Accountability & Finance Score of 96, the organization demonstrates a commitment to transparency and responsible financial management. Notably, SBS has 100% independent board members and receives excellent marks across multiple financial metrics, although it lacks a whistleblower policy, which has been noted as a limitation.
User reviews consistently praise SBS for its effective programs that empower women and lift families out of poverty through entrepreneurial education. Volunteers and donors alike highlight the dedication of the staff and the positive transformations experienced by participants. Many testimonials reflect on the sustainable impact of the training, emphasizing how it fosters confidence and economic independence among women in vulnerable communities.
While the organization is regarded as a leader in alleviating poverty, it is important to note that there is room for improvement in certain governance aspects, such as establishing a comprehensive whistleblower policy. Overall, SBS is recognized as a significant force for change, offering a model for other nonprofits aiming to create lasting social impact.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Street Business School legitimate?
Street Business School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Street Business School 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: $227,754
Professional Fundraising Fees: $0
Other Salaries and Wages: $994,526
For more financial information, click here
Official website here: www.streetbusinessschool.org
What is the mission statement of Street Business School?
Street Business School aims to eradicate global poverty by empowering women to become successful entrepreneurs. This non-profit organization equips other organizations with its unique entrepreneurial training program, which has been proven to triple the income of women and lift their families out of poverty with dignity. The mission of Street Business School is built on 18 years of successful business training experience in Uganda. By empowering women to become entrepreneurs, the school intends to create a vibrant future for their families and contribute to the global effort to end poverty.
Official website here: www.streetbusinessschool.org
Who is the CEO of Street Business School?
Jennifer Devin Hibbard is the President & Ceo of Street Business School. The CEO's salary of Street Business School is $121,916 and their total compensation is $121,916.
Official website here: www.streetbusinessschool.org
What is the revenue of Street Business School?
Street Business School's revenue in 2022 was $1,732,251.
Official website here: www.streetbusinessschool.org
Who are the executives of Street Business School and what are their salaries?
The average compensation at Street Business School during 2022 was $53,143. There are 23 employees and 50 volunteers at Street Business School.
Here are 9 key members and their salaries (Street Business School's CEO's salary is $121,916 and their total compensation is $121,916):
- Compensation: $121,916
- Related: $0
- Other: $0
- Compensation: $105,838
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.streetbusinessschool.org
Where can I find the form 990 for Street Business School?
Street Business School's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.streetbusinessschool.org
Learn more at the official website: www.streetbusinessschool.org
Mission Statement of Street Business School
Street Business School, a renowned non-profit organization, is dedicated to eradicating global poverty by empowering women to become successful entrepreneurs. This mission aims to uplift their families, propelling them towards a vibrant future. The unique value proposition of Street Business School lies in its award-winning training program, which equips other organizations with its one-of-a-kind entrepreneurial education. This training has been proven to triple the income of the participating women, enabling them to escape poverty with dignity. The Street Business School program is built on 18 years of successful business training experience in Uganda.
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Impact
July, 2024
Street Business School's impact can be seen in the transformation of women into thriving entrepreneurs, lifting their families out of poverty and towards a vibrant future. With a proven program that focuses on business training customized for individuals living in poverty, Street Business School has empowered countless women to triple their income, increase sales revenue, profits, and business ownership. Through collaborations with organizations globally, Street Business School has certified coaches in various countries, reaching hundreds of women and impacting millions of lives. Their dedication to ending global poverty by equipping women with the skills and confidence to succeed as microentrepreneurs is evident in their innovative approach and measurable results.
This information is meant to be a general summary of Street Business School. 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.
- Program Service Revenue: $93,708
- Gross Receipts: $1,732,251
Assets and Liabilities:
- Total Assets: $2,508,197
- Total Liabilities: $99,122
- Net Assets: $2,409,075
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRAINING FEES
Revenue
$93,708
Organization Details
Founding Year
2018
Phone
(303) 554-5901Principal Officer
Jennifer Devin Hibbard
Main Address
PO BOX 370, NIWOT, CO, 80544
Website
www.streetbusinessschool.orgNTEE Category
Code: B60 - Education
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