STREET PSALMS (EIN 232988887) - Form 990 Financial Analysis & Trantor Score

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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

1999

Legal Domicile

Principal Officer

NIC HUGHES

Phone

2539881934

Tax Period

2024-07-01 to 2025-06-30

STREET PSALMS, founded in 1999, is a small nonprofit in the Religion sector that reported $704K in total revenue in fiscal year 2024. Revenue fell 71% from the prior year — a significant decline worth monitoring. Expenses of $1.5M exceeded revenue, resulting in a 113% operating deficit.

Mission

STREET PSALMS IS A COMMUNITY IN MISSION THAT FREES LEADERS FROM ALL WALKS OF LIFE TO CREATE CITIES OF PEACE FOR ALL PEOPLE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $570,597

Program Service Revenue $75,073

Investment Income $58,416

Other Revenue $0

TOTAL REVENUE $704,086

Expense Breakdown

Grants Paid $342,173

Salaries & Benefits $347,502

Fundraising Expenses $27,669

Program Expenses $1,416,568

Other Expenses $811,277

TOTAL EXPENSES $1,500,952

Year-over-Year Comparison

	2024	2023	Change
Revenue	$704,086	$2,393,294	-0.7%
Expenses	$1,500,952	$1,194,287	+0.3%
Net Income	$-796,866	$1,199,007	-1.7%

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

$319,456

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KRIS ROCKE	EXECUTIVE DI	40.00	Officer	$104,304	$54,000	$158,304
NIC HUGHES	OPERATIONS D	40.00	Officer	$161,152	$0	$161,152
KRISTY FARBER	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
MANDIA KAUNDA	TREASURER	1.00	Officer Director	$0	$0	$0
DOUG HOSTETTER	SECRETARY	1.00	Officer Director	$0	$0	$0
JACOB MOODY	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
DJ VINCENT	BOARD MEMBER	1.00	Director	$0	$0	$0
PATRICIA THOMPSON	BOARD MEMBER	1.00	Director	$0	$0	$0
MARTI LITTLE	BOARD MEMBER	1.00	Director	$0	$0	$0
MARIO MATOS	BOARD MEMBER	1.00	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	$704,086	$1,500,952	$1,354,231	$-796,866
2024	$2,393,294	$1,194,287	$2,142,247	$1,199,007
2023	$514,178	$791,852	$979,185	$-277,674
2022	$428,557	$734,753	$1,186,797	$-306,196
2021	$1,457,448	$706,720	$1,497,828	$750,728

STREET PSALMS