STREET ANGELS 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

2016

Legal Domicile

Principal Officer

EVA WELCH

Phone

4147392467

Tax Period

2024-07-01 to 2025-06-30

STREET ANGELS INC, founded in 2016, is a community nonprofit in the Human Services sector that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $1.4M left a modest 9% surplus.

Mission

STREET ANGELS IS A MOBILE OUTREACH ORGANIZATION DEDICATED TO ASSISTING INDIVIDUALS IN ENDING THEIR HOMELESSNESS BY PROVIDING DIGNIFIED SERVICES, ADVOCACY, CONNECTIONS TO CRITICAL RESOURCES, AND HOPE.

Program Service Accomplishments

Program 1

Expenses: $1,256,695 Revenue: $0

FOUNDED IN 2016, STREET ANGELS IS A MOBILE OUTREACH ORGANIZATION DEDICATED TO ASSISTING INDIVIDUALS IN ENDING THEIR UNSHELTERED HOMELESSNESS BY PROVIDING DIGNIFIED SERVICES, ADVOCACY, A CONSISTENT...

FOUNDED IN 2016, STREET ANGELS IS A MOBILE OUTREACH ORGANIZATION DEDICATED TO ASSISTING INDIVIDUALS IN ENDING THEIR UNSHELTERED HOMELESSNESS BY PROVIDING DIGNIFIED SERVICES, ADVOCACY, A CONSISTENT SUPPORT SYSTEM, CONNECTIONS TO CRITICAL RESOURCES, AND HOPE. STAFF AND VOLUNTEERS TRAVEL DIRECTLY TO THOSE WHO ARE EXPERIENCING UNSHELTERED HOMELESSNESS IN MILWAUKEE COUNTY TO PROVIDE ASSISTANCE IN MEETING IMMEDIATE BASIC NEEDS AND LONG-TERM SOLUTIONS. THE ORGANIZATION IS CURRENTLY PROVIDING BOOTS-ON-THE-GROUND PROGRAMMING FIVE DAYS A WEEK THROUGH THE MOBILE OUTREACH AND SHOWERS OF HOPE SHOWER TRAILER PROGRAMS. ADDITIONALLY, A PATHWAY ASSISTANCE PROGRAM IS AVAILABLE CASE-BY-CASE TO ASSIST WITH THE REMOVAL OF IMMEDIATE BARRIERS ON ONE'S PATHWAY TO STABILITY. THROUGH THESE EFFORTS, STREET ANGELS REMAIN COMMITTED TO BUILDING TRUST, FOSTERING HOPE, MAKING CRITICAL CONNECTIONS TO RESOURCES, AND EMPOWERING INDIVIDUALS ON THEIR JOURNEY TOWARD SAFE AND STABLE HOUSING. IN 2025, STAFF AND VOLUNTEERS CONNECTED WITH A UNIQUE 2,057 INDIVIDUALS OF WHICH 1,247 WERE VERIFIED TO BE EXPERIENCING UNSHELTERED HOMELESSNESS. THROUGHOUT THE YEAR THE OUTREACH PROGRAMS ALSO PROVIDED 19,618 HOT MEALS + 26,286 BAG LUNCHES, 854 SHOWERS, 182 EMERGENCY HOTEL NIGHTS (FAMILIES/ELDERLY), AND 125 INDIVIDUALS OR FAMILIES WERE ASSISTED IN CONNECTING TO HOUSING OR SHELTER RESOURCES ENDING THEIR UNSHELTERED HOMELESSNESS.

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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 $1,515,601

Program Service Revenue $0

Investment Income $16,497

Other Revenue $0

TOTAL REVENUE $1,532,098

Expense Breakdown

Grants Paid $735,512

Salaries & Benefits $425,337

Fundraising Expenses $43,005

Program Expenses $1,256,695

Other Expenses $238,542

TOTAL EXPENSES $1,399,391

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,532,098	$1,232,224	+0.2%
Expenses	$1,399,391	$1,066,272	+0.3%
Net Income	$132,707	$165,952	-0.2%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

1015

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

$158,682

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANICE WILBERG PHD	PRESIDENT	1.00	Officer Director	$0	$0	$0
VICKY CORDANI	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
BILL BUDZIEN	TREASURER	1.00	Officer Director	$0	$0	$0
MELISSA BROCKIE	SECRETARY	1.00	Officer Director	$0	$0	$0
TINA KING	DIRECTOR	1.00	Director	$0	$0	$0
STACIE ROSENZWEIG	DIRECTOR	1.00	Director	$0	$0	$0
GINA PALAZARRI	DIRECTOR	1.00	Director	$0	$0	$0
RAY TURNER	DIRECTOR	1.00	Director	$0	$0	$0
MARNI KING	DIRECTOR	1.00	Director	$0	$0	$0
SHELLY SARASIN	EXECUTIVE CO-DIRECTOR	40.00	Officer	$78,419	$960	$79,379
EVA WELCH	EXECUTIVE CO-DIRECTOR	40.00	Officer	$74,411	$4,892	$79,303

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	$1,532,098	$1,399,391	$1,233,405	$132,707
2024	$1,232,224	$1,066,272	$1,128,729	$165,952
2023	$943,985	$795,727	$803,405	$148,258
2022	$985,981	$716,264	$655,082	$269,717
2021	$635,208	$503,094	$363,454	$132,114
2020	$481,890	$464,665	$228,745	$17,225
2019	$232,145	$104,853	$148,443	$127,292