STRAIGHT STREET ROANOKE VALLEY INC

EIN: 541737028 501(c)(3) Youth Development

ROANOKE, VA

Total Revenue
$1,082,863
Total Expenses
$1,466,414
Total Assets
$2,412,658
Net Assets
$2,412,658
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
VA
Principal Officer
KEITH FARMER
Phone
5403424971
Tax Period
2023-01-01 to 2023-12-31

STRAIGHT STREET ROANOKE VALLEY INC, founded in 1995, is a community nonprofit in the Youth Development sector that reported $1.1M in total revenue in fiscal year 2023. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $1.5M exceeded revenue, resulting in a 35% operating deficit.

Mission

TO PROVIDE A POSITIVE CHRISTIAN ENVIRONMENT WHERE AT-RISK YOUTH CAN GO AND OBTAIN THE NECESSARY SKILLS AND TRAINING NEEDED TO MATURE AND TO DISCOVER GOD'S DIVINE PLAN FOR THEIR LIVES.

Program Service Accomplishments

Program 1
Expenses: $284,426

WEEKEND DROP IN CENTER FOR TEENS, GRADES 6-12; COMMUNITY OUTREACH ACROSS THE ROANOKE VALLEY, MEETING IN PARKS AND HOUSING LOCATIONS; TUTORING AND MENTORING PROGRAMS; COORDINATE SEVERAL ANNUAL...

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WEEKEND DROP IN CENTER FOR TEENS, GRADES 6-12; COMMUNITY OUTREACH ACROSS THE ROANOKE VALLEY, MEETING IN PARKS AND HOUSING LOCATIONS; TUTORING AND MENTORING PROGRAMS; COORDINATE SEVERAL ANNUAL OUTREACH EVENTS FOR AREA CHURCHES; PROVIDE CHRISTIAN COUNSELING REFERRAL SERVICES FOR TEENS AND FAMILIES; TEEN MOTHERS SUPPORT GROUP/SERVICES; CHAPLAIN SERVICE FOR THE DETENTION CENTER AND WORK WITH THE ONE STATE JUVENILE PRISON IN RICHMOND.

Program 2
Expenses: $4,915

ASSIST AREA SCHOOLS WITH HOMELESS STUDENTS OUTREACH SERVICES BY PROVIDING CLOTHING AND FOOD; EDUCATING CHURCHES ON THE NEED FOR HELP AND PARTNERING TO PROVIDE THE ITEMS NEEDED TO SUPPORT THE SCHOOLS...

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ASSIST AREA SCHOOLS WITH HOMELESS STUDENTS OUTREACH SERVICES BY PROVIDING CLOTHING AND FOOD; EDUCATING CHURCHES ON THE NEED FOR HELP AND PARTNERING TO PROVIDE THE ITEMS NEEDED TO SUPPORT THE SCHOOLS AND STUDENTS THEY SERVE.

Program 3
Expenses: $938,942

HUMAN TRAFFICKING OUTREACH THAT USES MEDIA AND DIRECT CONTACT TO EDUCATE THE COMMUNITY ABOUT HUMAN TRAFFICKING AND TO PROVIDE SERVICES FOR VICTIMS; PARTNER WITH LOCAL, STATE AND FEDERAL AGENCIES TO...

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HUMAN TRAFFICKING OUTREACH THAT USES MEDIA AND DIRECT CONTACT TO EDUCATE THE COMMUNITY ABOUT HUMAN TRAFFICKING AND TO PROVIDE SERVICES FOR VICTIMS; PARTNER WITH LOCAL, STATE AND FEDERAL AGENCIES TO ASSIST VICTIMS AND PROVIDE FOR THEIR BASIC NEEDS. A SAFEHOME FOR SURVIVORS OF SEXUAL EXPLOITATION OPENED IN AUGUST 2021 AND CONTINUED OPERATION IN 2023.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,074,714
Program Service Revenue $0
Investment Income $0
Other Revenue $8,149
TOTAL REVENUE $1,082,863

Expense Breakdown

Grants Paid $0
Salaries & Benefits $912,473
Fundraising Expenses $16,503
Program Expenses $1,228,283
Other Expenses $553,941
TOTAL EXPENSES $1,466,414

Year-over-Year Comparison

2023 2022 Change
Revenue $1,082,863 $1,650,266 -0.3%
Expenses $1,466,414 $1,606,686 -0.1%
Net Income $-383,551 $43,580 -9.8%
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
4
Independent Members
3
Employees
36
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
$61,321
Total Directors
4
$61,321
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEITH FARMER PRESIDENT/OPER. MANAGER 40.00
Officer Director
$61,321 $0 $61,321
WILLIAM DIXON TREASURER 1.00
Officer Director
$0 $0 $0
MALCOLM TAYLOR BOARD MEMBER 1.00
Director
$0 $0 $0
WILLIAM GAITHER SECRETARY 1.00
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 $1,082,863 $1,466,414 $2,412,658 $-383,551
2022 $1,650,266 $1,606,686 $2,796,209 $43,580
2021 $1,351,277 $861,164 $2,752,629 $490,113
2020 $936,689 $469,297 $2,262,516 $467,392
2019 $786,210 $479,223 $1,995,799 $306,987
2018 $593,255 $445,636 $1,688,812 $147,619
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