ANGEL STREET INC (EIN 812072853) - 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

2016

Legal Domicile

Principal Officer

RUTH ABIGAIL GARDNER

Phone

9018573533

Tax Period

2024-07-01 to 2025-06-30

ANGEL STREET INC, founded in 2016, is a small nonprofit in the Youth Development sector that reported $375K in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $496K exceeded revenue, resulting in a 32% operating deficit.

Mission

ANGEL STREET SEEKS TO EMPOWER YOUNG WOMEN THROUGH MUSIC TO UNDERSTAND THEIR VALUE, DISCOVER THEIR PURPOSE, AND BECOME CREATIVELY EQUIPPED TO SERVE THE MEMPHIS COMMUNITY AS LEADERS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $412,606

Program Service Revenue $5,400

Investment Income $2,375

Other Revenue $-45,448

TOTAL REVENUE $374,933

Expense Breakdown

Grants Paid $0

Salaries & Benefits $297,256

Fundraising Expenses $76,203

Program Expenses $306,625

Other Expenses $198,351

TOTAL EXPENSES $495,607

Year-over-Year Comparison

	2024	2023	Change
Revenue	$374,933	$493,088	-0.2%
Expenses	$495,607	$494,326	+0.0%
Net Income	$-120,674	$-1,238	+96.5%

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

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

$68,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JASMINE MARTIN	CHAIRWOMAN	1.00	Officer Director	$0	$0	$0
LAUREN MILLER	SECRETARY	1.00	Officer Director	$0	$0	$0
LIZA LIVINGSTON	MEMBER AT LARGE	1.00	Director	$0	$0	$0
REAGAN TAYLOR FONDREN	MEMBER AT LARGE	1.00	Director	$0	$0	$0
TIFFANY OWENS MITCHELL	MEMBER AT LARGE	1.00	Director	$0	$0	$0
DANIEL KING	MEMBER AT LARGE	1.00	Director	$0	$0	$0
ERIC CHARPING	TREASURER	1.00	Officer Director	$0	$0	$0
TAMARA OPPENHUIZEN	MEMBER AT LARGE	1.00	Director	$0	$0	$0
KAYE THOMPSON	MEMBER AT LARGE	1.00	Director	$0	$0	$0
ERIN SWINNEY	MEMBER AT LARGE	1.00	Director	$0	$0	$0
RUTH A GARDNER	EXECUTIVE DIRECTOR	40.00	Officer	$68,250	$250	$68,500

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	$374,933	$495,607	$217,001	$-120,674
2024	$493,088	$494,326	$321,335	$-1,238
2023	$480,568	$586,861	$325,465	$-106,293
2022	$609,877	$442,410	$429,849	$167,467
2021	$447,608	$348,259	$273,359	$99,349
2021	$447,608	$331,673	$273,359	$115,935
2020	$504,012	$440,053	$192,195	$63,959
2019	$338,925	$350,643	$104,755	$-11,718
2018	$323,283	$284,481	$93,590	$38,802

ANGEL STREET INC