BEAT THE STREET COMMUNITY CENTER INC

EIN: 061593997 501(c)(3) Recreation & Sports

MERIDEN, CT

Total Revenue
$262,326
Total Expenses
$215,620
Total Assets
$388,428
Net Assets
$387,362
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
CT
Principal Officer
LAURENCE PELLETIER
Phone
2036861639
Tax Period
2025-01-01 to 2025-12-31

BEAT THE STREET COMMUNITY CENTER INC, founded in 2000, is a small nonprofit in the Recreation & Sports sector that reported $262K in total revenue in fiscal year 2025. Revenue decreased 18% compared to the prior year. The organization ran a surplus of $47K, a strong 18% operating margin.

Mission

OUR MISSION IS TO MAKE A PROFOUND, POSITIVE DIFFERENCE IN THE LIVES OF YOUNG PEOPLE WHOSE CIRCUMSTANCES PUT THEM AT RISK OF FALLING FAR SHORT OF THEIR TRUE POTENTIAL.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $230,126
Program Service Revenue $6,485
Investment Income $15,489
Other Revenue $10,226
TOTAL REVENUE $262,326

Expense Breakdown

Grants Paid $0
Salaries & Benefits $130,032
Fundraising Expenses $0
Program Expenses $215,620
Other Expenses $85,588
TOTAL EXPENSES $215,620

Year-over-Year Comparison

2025 2024 Change
Revenue $262,326 $319,740 -0.2%
Expenses $215,620 $220,831 0.0%
Net Income $46,706 $98,909 -0.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
11
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$50,000
Total Directors
9
$0
Key Employees
1
$50,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAURENCE PELLETIER EXECUTIVE DIR 030.00
Officer Key Emp
$50,000 $0 $50,000
DARREN TAPLEY SECRETARY 001.00
Director
$0 $0 $0
KENNETH POST TREASURER 001.00
Director
$0 $0 $0
THOMAS GAFFEY CHAIRMAN 005.00
Director
$0 $0 $0
KEVIN CURRY DIR 001.00
Director
$0 $0 $0
BRIAN FARRELL DIR 001.00
Director
$0 $0 $0
WALLIE FELICIANO DIR 001.00
Director
$0 $0 $0
DAVID LAKE DIR 001.00
Director
$0 $0 $0
GEORGE GONZALEZ DIR 001.00
Director
$0 $0 $0
ROBIN HOBSON DIR 001.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $262,326 $215,620 $388,428 $46,706
2024 No data No data No data No data
2023 $238,284 $211,129 $245,243 $27,155
2022 $226,647 $218,653 $220,639 $7,994
2021 $162,864 $168,250 $225,978 $-5,386
2020 $166,088 $177,079 $250,882 $-10,991
2019 $204,544 $174,458 $225,752 $30,086
2019 $204,544 $174,458 $225,752 $30,086
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