OFF THE STREETS INC (EIN 270979787) - 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

2009

Legal Domicile

Principal Officer

Joseph Simons

Phone

2037335880

Tax Period

2023-01-01 to 2023-12-31

OFF THE STREETS INC, founded in 2009, is a small nonprofit in the Human Services sector that reported $439K in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $492K exceeded revenue, resulting in a 12% operating deficit.

Mission

Get people experiencing homelessness with a source of income into permanent housing

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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 $434,784

Program Service Revenue $0

Investment Income $622

Other Revenue $3,181

TOTAL REVENUE $438,587

Expense Breakdown

Grants Paid $386,450

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $472,453

Other Expenses $105,697

TOTAL EXPENSES $492,147

Year-over-Year Comparison

	2023	2022	Change
Revenue	$438,587	$355,316	+0.2%
Expenses	$492,147	$287,103	+0.7%
Net Income	$-53,560	$68,213	-1.8%

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

N/A

Volunteers

150

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Michael Oles	President and Director	Officer Director	$0	$0	$0
Joseph Simons	Treasurer, Secretary and Director	Officer Director	$0	$0	$0
William Hagan	Director	Director	$0	$0	$0
Richard Schlemmer	Director	Director	$0	$0	$0
Sean Payne	Director	Director	$0	$0	$0
Ellen Moore	Director	Director	$0	$0	$0
Donald Cronauer	Director	Director	$0	$0	$0
Christopher Baliko	Director	Director	$0	$0	$0
Lawrence Havey	Director	Director	$0	$0	$0
Gerard Agoglia	Director	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$438,587	$492,147	$259,607	$-53,560
2022	$355,316	$287,103	$313,167	$68,213
2021	$273,215	$201,325	$236,749	$71,890
2020	$236,748	$171,711	$165,445	$65,037
2019	$215,820	$229,566	$99,822	$-13,746
2018	$233,277	$183,735	$113,568	$49,542

OFF THE STREETS INC