Street Hearts Inc
- Assets
- $39.6k
- Revenue
- $368.5k
- Investments
- $0.0
- Employees
- 2
- Location
- Alexandria, VA
- Founding
- 04/2013
- Data as of
- 12/2022
- EIN
- 46-1171527
Organization Overview
Street Hearts Inc is located in Alexandria, VA. The organization was established in 2013. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2022, Street Hearts Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Street Hearts Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Street Hearts Inc generated $368.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $446.7k during the year ending 12/2022. While expenses have increased by 9.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANISATION 'S MISSION IS TOM EMPOWER HOMELESS YOUTHAND TRANSFORM COMMUNITIES THROUGH THE LOVE OF JESUS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HEALTH AND WELLNESS PROGRAM CONCENTRATES ON HEALTH, HYGIENE, NUTRITION, SPORTS AND ACCESS TO CLEAN WATER. KIDS ARE ABLE TO SLEEP IN A CLEAN, SAFE ENVIRONMENT WITH A STRONG FOCUS ON DENTAL HYGIENE, BASIC HEALTH CARE AND SPIRITUAL DEVELOPMENT. OVERALL 132 KIDS ARE OFFICIALLY OFF THE STREET FOR 2023 TERM. PHASE 1 IS THE NIGHT SHELTER, WHICH PROVIDES THE MOST BASIC CARE FOR THOSE 14 AND UNDER WHO HAVE NOT YET CHOOSEN TO LEAVE THE STREET LIFE BEHIND. PHASE 2 IS THE CHILDREN'S CENTER FOR BOYS AGED 6 -15 WHO HAVE SHOWN COMMITMENT TO LEAVING THE STREET LIFE BEHIND. IN PHASE 2 THE BOYS ARE ENROLLED IN SCHOOL. THEY LIVE IN THE STREETHEARTS FACILITY FULL-TIME AND ARE RESPONSIBLE FOR HELPING RUN THE HOUSE.
THE EDUCATION PROGRAM PROVIDES SCHOOL TRANSPORTATION. TUTORS. SCHOOL SUPPLIES AND ASSISTANCE WITH TUITION AND FEES. STREETHEARTS WORKS TO EVALUATE CHILDREN WHO HAVE NOT PREVIOUSLY ATTEND SCHOOL AND SUPERVISES ELEMENTRY SCHOOL ADVANCEMENT. ENGLISH AS A SECOND LANGUAGE IS TAUGHT AT STREETHEARTS. CURRENTLY 87 KIDS ARE IN SCHOOL.STREETHEARTS HAD 16 GRADUATES IN 2022. FOR THE FIRST TIME IN 2022 A STREETHEARTS GRADUATE IS PREPARING TO ENTER UNIVERSITY. STREETHEARTS ALSO HAS SPECIAL COURSES AND TRAINING IN ARTS, SPORTS, ESSENTIAL LIFE SKILLS AND COMMUNITY SERVICE.
PHASE 3 IS THE WORKFORCE DEVELOPMENT PROGRAM WHERE OUR BOYS AGED 16-21 GAIN GUIDED INDEPENDENCE IN PREPARATION FOR GRADUATION AT AGE 21. THE WORKFORCE DEVELOPMENT PROGRAM PLACES THE BOYS BETWEEN THE AGES 18-21 IN JOBS AND GIVES THEM THE OPPORTUNITY TO LIVE IN APARTMENTS,MONITORED BY THE STREETHEARTS WORKFOCE DEVELOPMENT PROGRAM STAFF. THE BOYS, WHO ARE NOW YOUNG ADULTS, ARE TAUGHT HOW TO BUDGET AND MEET THE FINANCIAL OBLIGATIONS AS A RESULT OF INDEPENDENCE. DURING THE FIRST TWO YEARS OF EMPLOYMENT BY A PARTNER, STREETHEARTS FUNDS THE SALARIES OF THESE JOBS THROUGH DONOR SPONSERSHIPS. THE GOAL IS TO TRANSITION THE YOUNG ADULT BACK INTO THIER COMMUNITY AS A SUCCESSFUL CONTRIBUTING MEMBER AND TO PROVIDE ASSISTANCE AS NEEDED. IN 2021 THE WORKFORCE DEVELOPMENT PROGRAM LAUNCHED TWO SMALL BUSINESSES TO ENSURE OUR ELDER KIDS CAN MAKE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Davis Emily Member | Trustee | 20 | $4,800 |
Robin Patton Secretary | OfficerTrustee | 2 | $0 |
Bill Easton Member | Trustee | 2 | $0 |
Justin Shetterly Treasurer | OfficerTrustee | 2 | $0 |
Wayne Huber Member | Trustee | 2 | $0 |
Susan Pelczynski Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $368,483 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $368,483 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $368,483 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $43,280 |
| Compensation of current officers, directors, key employees. | $43,280 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,041 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $750 |
| Fees for services: Accounting | $7,395 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $9,627 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $18,354 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,902 |
| Insurance | $0 |
| All other expenses | $67,964 |
| Total functional expenses | $446,697 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,596 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $5,029 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $39,625 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,263 |
| Total liabilities | $7,263 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $32,362 |
| Total liabilities and net assets/fund balances | $39,625 |