Street Hearts Inc

EIN: 461171527 501(c)(3) Human Services

Alexandria, VA

Total Revenue
$404,590
Total Expenses
$434,619
Total Assets
$4,274
Net Assets
$2,333
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
FL
Principal Officer
Linsey Jorgenson
Phone
7542542037
Tax Period
2023-01-01 to 2023-12-31

Street Hearts Inc, founded in 2012, is a small nonprofit in the Human Services sector that reported $405K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

Ther Organisation's mission is to empower homeless youth and transform communities through the love of Jesus.

Program Service Accomplishments

Program 1
Expenses: $66,786

The Health and wellness Program concentrates on health, hygiene, nutrition, sports and access to clean water. Kids are able to sleep in a clean, safe environment with a strong focus on dental...

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The Health and wellness Program concentrates on health, hygiene, nutrition, sports and access to clean water. Kids are able to sleep in a clean, safe environment with a strong focus on dental hygiene, basic health care and spiritual development. Overall 132 kids are officially off the street for 2023 term. Phase 1 is the night shelter, which provides the most basic care for those 14 and under who have not yet choosen to leave the street life behind. Phase 2 is the children's center for boys aged 6 -15 who have shown commitment to leaving the street life behind. In Phase 2 the boys are enrolled in school. They live in the Streethearts facility full-time and are responsible for helping run the house.

Program 2
Expenses: $17,766

The Education program provides school transportation. tutors. school supplies and assistance with tuition and fees. streethearts works to evaluate children who have not previously attend school and...

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The Education program provides school transportation. tutors. school supplies and assistance with tuition and fees. streethearts works to evaluate children who have not previously attend school and supervises elementry school advancement. English as a second language is taught at Streethearts. Currently 87 kids are in school.Streethearts had 16 graduates in 2022. For the first time in 2022 a Streethearts graduate is preparing to enter University. Streethearts also has special courses and training in arts, sports, essential life skills and community service.

Program 3
Expenses: $34,483

Phase 3 is the workforce development program where our boys aged 16-21 gain guided independence in preparation for graduation at age 21. The workforce development program places the boys between the...

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Phase 3 is the workforce development program where our boys aged 16-21 gain guided independence in preparation for graduation at age 21. The workforce development program places the boys between the ages 18-21 in jobs and gives them the opportunity to live in apartments,monitored by the Streethearts workfoce development program staff. The boys, who are now young adults, are taught how to budget and meet the financial obligations as a result of independence. During the first two years of employment by a partner, Streethearts funds the salaries of these jobs through donor sponserships. The goal is to transition the young adult back into thier community as a successful contributing member and to provide assistance as needed. In 2021 the workforce development program launched two small businesses to ensure our elder kids can make

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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 (2023)

Revenue Breakdown

Contributions & Grants $404,590
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $404,590

Expense Breakdown

Grants Paid $0
Salaries & Benefits $41,441
Fundraising Expenses $0
Program Expenses $393,178
Other Expenses $393,178
TOTAL EXPENSES $434,619

Year-over-Year Comparison

2023 2022 Change
Revenue $404,590 $368,483 +0.1%
Expenses $434,619 $446,697 0.0%
Net Income $-30,029 $-78,214 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
N/A
Independent Members
N/A
Employees
2
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
3
$35,296
Total Directors
6
$3,200
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Davis Emily Member 20.00
Director
$3,200 $0 $3,200
Robin Patton Secretary 2.00
Officer Director
$0 $0 $0
Bill Easton Member 2.00
Director
$0 $0 $0
Justin Shetterly Treasurer 2.00
Officer Director
$0 $0 $0
Wayne Huber Member 2.00
Director
$0 $0 $0
Susan Pelczynski member 2.00
Director
$0 $0 $0
Linsey Jorgenson Founder Executive Director 50.00
Officer
$35,296 $0 $35,296
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
2023 $404,590 $434,619 $4,274 $-30,029
2022 $368,483 $446,697 $39,625 $-78,214
2021 $553,109 $528,913 $113,669 $24,196
2020 $415,928 $469,586 $92,616 $-53,658
2019 $439,669 $421,814 $145,607 $17,855
2018 $368,275 $357,239 $122,182 $11,036
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