Chester Street Foundation

EIN: 821952603 501(c)(3) Education

Houston, TX

Total Revenue
$193,987
Total Expenses
$222,413
Total Assets
$43,656
Net Assets
$20,448
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
TX
Principal Officer
Shawn Alex Nemeth
Phone
8329824514
Tax Period
2024-01-01 to 2024-12-31

Chester Street Foundation, founded in 2017, is a small nonprofit in the Education sector that reported $194K in total revenue in fiscal year 2024. Expenses of $222K exceeded revenue, resulting in a 15% operating deficit.

Mission

FOUNDED IN 2017 BY CHILD ABUSE SURVIVOR SHAWN ALEX NEMETH, THE AIM OF THE CHESTER STREET FOUNDATION (CSF) IS TO ILLUMINATE THE IMPACT OF CHILDHOOD TRAUMA SO THAT KIDS CAN RECEIVE THE TREATMENT THEY DESERVE WHILE THEY ARE STILL YOUNG ENOUGH TO RECOVER WITHOUT CONTINUING THE CYCLE OF TRAUMA INTO ADULTHOOD. TRAUMA CAN RE-WIRE THE BRAIN, AND WHEN THESE MEMORIES SURFACE OR ARE ACTIVATED BY A TRAUMA SURVIVORS CURRENT CIRCUMSTANCES, THEY OFTEN RE-LIVE THE PANIC AND TERROR OVER AND OVER, RE-OPENING WOUNDS THAT CAN LAST A LIFETIME WITHOUT INTERVENTION. BECAUSE EDUCATING ADULTS WHO SURROUND THEM IS SUCH A CRITICAL PART OF HELPING TRAUMATIZED CHILDREN ON THE PATH TO RECOVERY, CSF DEVELOPED TRAUMATALKS, A SERIES OF HIGH-QUALITY TRAUMA-INFORMED TRAININGS AND PROFESSIONAL DEVELOPMENT PRESENTATIONS THAT FEATURE NEMETH IN PARTNERSHIP WITH LICENSED MENTAL HEALTH PROFESSIONALS. TRAUMATALKS ARE MADE AVAILABLE THROUGH IN-PERSON TRAININGS, ON-DEMAND COURSES, AND AN ANNUAL CONFERENCE. CSF IS ONE OF THE FEW

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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 (2024)

Revenue Breakdown

Contributions & Grants $191,116
Program Service Revenue $2,853
Investment Income $4
Other Revenue $14
TOTAL REVENUE $193,987

Expense Breakdown

Grants Paid $20,000
Salaries & Benefits $106,634
Fundraising Expenses $6,120
Program Expenses $177,099
Other Expenses $90,450
TOTAL EXPENSES $222,413

Year-over-Year Comparison

2024 2023 Change
Revenue $193,987 $182,126 +0.1%
Expenses $222,413 $122,265 +0.8%
Net Income $-28,426 $59,861 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
2
Volunteers
17

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
$65,158
Total Directors
11
$65,158
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Shawn Alex Nemeth CEO, Chair 40.00
Officer Director
$65,158 $0 $65,158
Leah Adams Director 10.00
Director
$0 $0 $0
Kathryn Hayden Secretary 10.00
Officer Director
$0 $0 $0
Marian Cabanillas Director 10.00
Director
$0 $0 $0
Vernicka Porter-Sales Director 10.00
Director
$0 $0 $0
Katie Jackman Director 10.00
Director
$0 $0 $0
Salil Deshpande Director 10.00
Director
$0 $0 $0
Meghan Tibo Director 10.00
Director
$0 $0 $0
Melissa Goldberg Mintz Director 10.00
Director
$0 $0 $0
Albert Sanchez Treasurer 10.00
Officer Director
$0 $0 $0
Marlen J Trujillo Director 10.00
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
2025 No data No data No data No data
2024 $193,987 $222,413 $43,656 $-28,426
2023 $182,126 $122,265 $65,374 $59,861
2022 $68,669 $80,713 $8,135 $-12,044
2021 $90,628 $59,644 $20,257 $30,984
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