Straight Talk Support Group

EIN: 471958788 501(c)(3) Crime & Legal

Durham, NC

Total Revenue
$611,385
Total Expenses
$556,457
Total Assets
$20,394
Net Assets
$14,718
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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
2013
Legal Domicile
NC
Principal Officer
Bessie Elmore
Phone
9842191001
Tax Period
2023-01-01 to 2023-12-31

Straight Talk Support Group, founded in 2013, is a small nonprofit in the Crime & Legal sector that reported $611K in total revenue in fiscal year 2023. Revenue surged 43% from the prior year, signaling strong growth momentum. Expenses of $556K left a modest 9% surplus.

Mission

The organization provides a safe space for currently or formerly incarcerated individuals to live, share and seek support by providing information, comfort, mentors, and needed resources.

Program Service Accomplishments

Program 1
Expenses: $461,978 Revenue: $594,405

The organization provided a safe space for currently or formerly incarcerated individuals to live, share and seek support by providing information, comfort, mentors, and needed resources. Over 25...

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The organization provided a safe space for currently or formerly incarcerated individuals to live, share and seek support by providing information, comfort, mentors, and needed resources. Over 25 individuals have been served in 2023.

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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 $594,405
Program Service Revenue $0
Investment Income $0
Other Revenue $16,980
TOTAL REVENUE $611,385

Expense Breakdown

Grants Paid $0
Salaries & Benefits $256,635
Fundraising Expenses $0
Program Expenses $461,978
Other Expenses $299,822
TOTAL EXPENSES $556,457

Year-over-Year Comparison

2023 2022 Change
Revenue $611,385 $426,189 +0.4%
Expenses $556,457 $401,074 +0.4%
Net Income $54,928 $25,115 +1.2%
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
1
Independent Members
N/A
Employees
10
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
$83,000
Total Directors
1
$83,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Bessie Elmore Director 040.00
Officer Director
$83,000 $0 $83,000
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 $611,385 $556,457 $20,394 $54,928
2022 $426,189 $401,074 $17,492 $25,115
2021 $541,212 $552,951 $12,670 $-11,739
2020 $452,842 $430,559 $34,339 $22,283
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