Street Business School
- Assets
- $2.5m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 23
- Location
- Niwot, CO
- Founding
- 03/2019
- Data as of
- 06/2022
- EIN
- 83-1055723
Organization Overview
Street Business School is located in Niwot, CO. The organization was established in 2019. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 06/2022, Street Business School employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Street Business School 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 06/2022, Street Business School generated $1.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (19.9%) each year. All expenses for the organization totaled $2.4m during the year ending 06/2022. 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 MISSION OF STREET BUSINESS SCHOOL IS TO END GLOBAL POVERTY BY EMPOWERING WOMEN TO BECOME THRIVING ENTREPENEURS, LIFTING THEIR FAMILIES TO A VIBRANT FUTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SBS RECEIVES DONATIONS TO SUPPORT TRAINING COSTS FOR PARTNERS WHO QUALIFY FOR ADDITIONAL SUPPORT TO AMPLIFY THEIR MISSION. SBS CONSIDERS THESE RECEIPTS ALONG WITH DIRECT PAYMENTS FROM PARTNERS AS EARNED REVENUE. THE BREAKDOWN OF THESE TWO SOURCES OF EARNED REVENUE ARE:TRAINING AND SERVICES REVENUE RECEIVED: TRAINING GRANTS $75,000 TRAINING FEES 93,708 TOTAL $168,708SBS IS REGISTERED AS A NON-GOVERNMENTAL ORGANIZATION (NGO) IN UGANDA AS OF DECEMBER 2019. SBS COMBINES BUSINESS TRAINING HIGHLY CUSTOMIZED TO THE NEEDS OF PEOPLE LIVING IN POVERTY WITH COACHING AND MENTORING THAT HELPS PEOPLE GAIN THE SKILLS AND CONFIDENCE TO SUCCEED AS MICROENTREPRENEURS. SBS IS SCALING THROUGH A COLLABORATIVE MODEL, IN WHICH THEY PARTNER WITH MISSION-ALIGNED ORGANIZATIONS SERVING COMMUNITIES WITH HIGH RATES OF POVERTY WHO WANT TO OFFER A PROVEN INCOME GENERATION/LIVELIHOOD SKILLS TRAINING TO THOSE THEY SERVE. SBS PROVIDES THE PROGRAM EXPERTISE AND PARTNER ORGANIZATIONS BRING THEIR LOCALIZED EXPERTISE TO CUSTOMIZE THE PROGRAM.TO DATE, 439 SBS COACHES FROM 180 ORGANIZATIONS IN 27 COUNTRIES THROUGHOUT AFRICA, ASIA, AND CENTRAL AMERICA HAVE BEEN CERTIFIED TO DELIVER SBS. IN ADDITION, SBS CONTINUES TO TEST AND INNOVATE THROUGH ITS LEARNING LAB, BRINGING ENTREPRENEURIAL EDUCATION TO 1,300 UGANDAN WOMEN DIRECTLY LAST YEAR. ADDITIONAL HIGHLIGHTED ACCOMPLISHMENTS INCLUDE: STREET BUSINESS SCHOOL COMPLETED ITS RANDOMIZED CONTROL TRIAL (RCT), THE GOLD STANDARD IN PROGRAM MEASUREMENT AND EVALUATION,DEMONSTRATING STATISTICALLY SIGNIFICANT IMPROVEMENTS IN SALES REVENUE, PROFITS, AND BUSINESS OWNERSHIP FOR GRADUATES, AS COMPARED TO THE CONTROL GROUP. BRAC, THE LARGEST NGO IN THE WORLD, CONTRACTED STREET BUSINESS SCHOOL (SBS) TO CONTRIBUTE TO THEIR EMPOWERMENT AND LIVELIHOOD FOR ADOLESCENTS (ELA) CURRICULUM AND TRAINED 22 COACHES WITHIN THEIR ORGANIZATION. SBS HOSTED ADDITIONAL IN-PERSON AND VIRTUAL TRAININGS WHICH CERTIFIED AN ADDITIONAL 151 SBS COACHES WHO CAN DELIVER THE TRAINING IN THEIR COMMUNITIES. THESE INCLUDED A SIGNIFICANT NUMBER OF ORGANIZATIONS IN ASIA. THE GOAL OF THEIR PROGRAM IS TO REACH 1 MILLION WOMEN, ALLOWING THEM TO LIFT THEMSELVES AND THEIR 5 MILLION CHILDREN OUT OF POVERTY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Devin Hibbard President & CEO | Officer | 40 | $121,916 |
Chris Harper Director Of Global | 40 | $105,838 | |
Rebecca Namatovu Member | Trustee | 4 | $0 |
Torkin Wakefield Member | Trustee | 4 | $0 |
Adarsh Nair Member | Trustee | 4 | $0 |
Anna Molero Member | Trustee | 4 | $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 | $1,635,297 |
| Noncash contributions included in lines 1a–1f | $77,960 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,635,297 |
| Total Program Service Revenue | $93,708 |
| 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 | $1,732,251 |
| 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 | $6,648 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $227,754 |
| Compensation of current officers, directors, key employees. | $16,680 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $994,526 |
| Pension plan accruals and contributions | $27,125 |
| Other employee benefits | $140,354 |
| Payroll taxes | $81,621 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,215 |
| Fees for services: Accounting | $20,031 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $282,529 |
| Advertising and promotion | $2,478 |
| Office expenses | $62,779 |
| Information technology | $166,799 |
| Royalties | $0 |
| Occupancy | $70,852 |
| Travel | $26,785 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $53,437 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,370 |
| Insurance | $9,674 |
| All other expenses | $0 |
| Total functional expenses | $2,353,357 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $218,900 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,890,213 |
| Accounts receivable, net | $11,242 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $9,482 |
| Prepaid expenses and deferred charges | $25,023 |
| Net Land, buildings, and equipment | $22,922 |
| Investments—publicly traded securities | $326,415 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,000 |
| Total assets | $2,508,197 |
| Accounts payable and accrued expenses | $96,906 |
| Grants payable | $0 |
| Deferred revenue | $2,216 |
| 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 | $0 |
| Total liabilities | $99,122 |
| Net assets without donor restrictions | $2,079,075 |
| Net assets with donor restrictions | $330,000 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $2,508,197 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Street Business School has recieved totaling $187,232.
| Awarding Organization | Amount |
|---|---|
Arizona Community Foundation Phoenix, AZ PURPOSE: PROGRAM SUPPORT | $53,750 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $49,300 |
Dunn Family Charitable Foundation Andover, MA PURPOSE: UNRESTRICTED GIFT | $35,000 |
Stone Steps Foundation Cardiff, CA PURPOSE: GENERAL SUPPORT | $25,000 |
Sk2 Fund Inc Boise, ID PURPOSE: WOMENS EMPOWERMENT THROUGH AT LEAST 4 ENTREPRENEURIAL TRAINING GROUPS | $20,000 |
Giving Generations Foundation Denver, CO PURPOSE: CHARITY | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Educause Boulder, CO | $45,912,990 | $23,875,929 |
Graceland College Center For Prof Dev & Lifelong Learning Inc Mission, KS | $19,477,394 | $23,513,546 |
International School Of Denver Inc Denver, CO | $37,011,628 | $17,937,302 |
Aspen Global Change Institute Inc Basalt, CO | $40,273,287 | $16,176,198 |
Silicon Slopes Lehi, UT | $2,661,490 | $5,981,892 |
In His Image International Inc Tulsa, OK | $3,455,358 | $3,136,702 |
Street Business School Niwot, CO | $2,508,197 | $1,732,251 |
Bicycle Colorado Denver, CO | $923,055 | $2,339,915 |
Literacy Connects Tucson, AZ | $3,553,205 | $2,396,997 |
Learning Resources Network Inc Manhattan, KS | $1,529,261 | $2,126,100 |
Sutherland Institute Salt Lake City, UT | $497,702 | $1,430,169 |
American Indian Alaska Native Tourism Association Albuquerque, NM | $950,237 | $1,198,179 |