Street Sense Inc

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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

2003

Legal Domicile

Principal Officer

Brian Carome

Tax Period

2023-01-01 to 2023-12-31

Street Sense Inc, founded in 2003, is a small nonprofit in the Human Services sector that reported $829K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

To raise public awareness on the issues of homelessness and poverty and to create economic opportunities for people experiencing homelessness.

Program Service Accomplishments

Program 1

Expenses: $720,130 Revenue: $829,428

Street Sense provided economic opportunities to 164 homeless men and women including 50 new, first-time vendors in 2023. Vendors earn an average of $680/month, with the highest performing vendors...

Street Sense provided economic opportunities to 164 homeless men and women including 50 new, first-time vendors in 2023. Vendors earn an average of $680/month, with the highest performing vendors reporting single day earnings up to $400. In 2023, Street Sense continued to offer multiple platforms for self-expression and the production of content aimed at public engagement. In 2023, we produced content in print, illustration, photography, theater and audio. These workshops are led by artists in residence, practicing professionals who donate their time to the organization. These workshops provide homeless men and women a forum to express their views while raising their self-esteem. Street Sense encourages public debate about homelessness and poverty through their newspaper published weekly with a per issue print run of 4000, consisting of 16 pages of local news features, poetry and editorials. Street Sense also has an active presence on social media, promoting their print content as well as material from other independent sources on the issue of homelessness and extreme poverty. Street Sense also operates a case management program to help its program participant navigate towards housing, health and mental health care and other public benefits as well as an emergency assistance fund to help vendors with rent and utility arrearages as well as to purchase food and medicine.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $780,553

Program Service Revenue $48,876

Investment Income $13

Other Revenue $0

TOTAL REVENUE $829,442

Expense Breakdown

Grants Paid $0

Salaries & Benefits $606,042

Fundraising Expenses $46,838

Program Expenses $720,130

Other Expenses $219,878

TOTAL EXPENSES $825,920

Year-over-Year Comparison

	2023	2022	Change
Revenue	$829,442	$755,551	+0.1%
Expenses	$825,920	$882,773	-0.1%
Net Income	$3,522	$-127,222	-1.0%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$117,992

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Brian Carome	Executive director	40.00	Officer	$117,992	$0	$117,992
Clare Krupin	Member	2.00	Director	$0	$0	$0
Michael Phillips	Member	2.00	Director	$0	$0	$0
Stenley Keeve	Member	2.00	Director	$0	$0	$0
Jonquilyn Hill	Member	2.00	Director	$0	$0	$0
Greg Jaffe	Member	2.00	Director	$0	$0	$0
Nana-Sentuo Bonsu	Member	2.00	Director	$0	$0	$0
Shari Wilson	Member	2.00	Director	$0	$0	$0
Mary Coller Alpert	Member	2.00	Director	$0	$0	$0
Matt Parra	Treaserer	2.00	Officer Director	$0	$0	$0
Blake Androff	Vice President	2.00	Officer Director	$0	$0	$0
Ashley McMaster	President	2.00	Officer Director	$0	$0	$0
Daniel Webber	Member	2.00	Officer 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
2024	No data	No data	No data	No data
2023	$829,442	$825,920	$291,573	$3,522
2022	$755,551	$882,773	$290,580	$-127,222
2022	$755,551	$882,773	$290,580	$-127,222
2021	$891,132	$745,271	$402,696	$145,861
2020	$830,895	$669,592	$255,782	$161,303
2019	$500,235	$518,064	$130,848	$-17,829
2018	$395,456	$463,582	$142,916	$-68,126