STRAIGHT STREET MINISTRIES INC

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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

1983

Legal Domicile

Principal Officer

Mary Sorenson

Phone

2147967693

Tax Period

2022-01-01 to 2022-12-31

STRAIGHT STREET MINISTRIES INC, founded in 1983, is a small nonprofit that reported $218K in total revenue in fiscal year 2022. Revenue surged 399% from the prior year, signaling strong growth momentum. Expenses of $197K left a modest 10% surplus.

Mission

The mission of straight Street is to disciple through a daily walk committed to Jesus Christ as savior and Lord, those who have struggled with addictions, incarceration, or homelessness.

Program Service Accomplishments

Program 1

Expenses: $197,066 Revenue: $217,895

Residential housing for men including housing, food, training, transportation

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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 (2022)

Revenue Breakdown

Contributions & Grants $187,456

Program Service Revenue $30,439

Investment Income $0

Other Revenue $0

TOTAL REVENUE $217,895

Expense Breakdown

Grants Paid $0

Salaries & Benefits $31,500

Fundraising Expenses $0

Program Expenses $197,066

Other Expenses $165,566

TOTAL EXPENSES $197,066

Year-over-Year Comparison

	2022	2021	Change
Revenue	$217,895	$43,624	+4.0%
Expenses	$197,066	$43,417	+3.5%
Net Income	$20,829	$207	+99.6%

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

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

$31,500

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ed Mullin	Home Director	40	Key Emp	$31,500	$0	$31,500
Mary Sorenson	Pastor	25	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
2022	$217,895	$197,066	$65,258	$20,829