STREAM FOUNDATION

EIN: 851991763 501(c)(3) Employment

Dallas, TX

Total Revenue
$172,122
Total Expenses
$284,365
Total Assets
$40,375
Net Assets
$39,268
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
TX
Principal Officer
Matt McKamy
Phone
9728500081
Tax Period
2024-01-01 to 2024-12-31

STREAM FOUNDATION, founded in 2020, is a small nonprofit in the Employment sector that reported $172K in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $284K exceeded revenue, resulting in a 65% operating deficit.

Mission

STREAM Foundation was formed to educate, train, mentor and provide scholarship and internship opportunities to students from underrepresented groups in the area of asset management with the ultimate goal of increasing industry representations. In order to accomplish its goal, STREAM Foundation utilizes a two pronged approach. First, STREAM Foundation provides education, training and networking opportunities for students from underrepresented groups. STREAM Foundation also assists students in obtaining internships and/or other work experience with asset management firms in order to allow students to learn more about the industry, gain valuable experience and deepen and expand their professional networks. Second, STREAM Foundation aims to create change in the asset management industry's recruiting, hiring and retention practices with respect to underrepresented candidates and employees. Finally, STREAM Foundation provides college students with financial support during its internships.

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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 $170,745
Program Service Revenue $0
Investment Income $1,377
Other Revenue $0
TOTAL REVENUE $172,122

Expense Breakdown

Grants Paid $125,663
Salaries & Benefits $98,551
Fundraising Expenses $0
Program Expenses $163,461
Other Expenses $60,151
TOTAL EXPENSES $284,365

Year-over-Year Comparison

2024 2023 Change
Revenue $172,122 $229,898 -0.3%
Expenses $284,365 $264,680 +0.1%
Net Income $-112,243 $-34,782 +2.2%
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

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Governance

Voting Members
7
Independent Members
7
Employees
1
Volunteers
120

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
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ellis Thomas President 15
Officer Director
$0 $0 $0
Matthew McKamy Director 5
Director
$0 $0 $0
P Trip Dyer Secretary 2
Officer Director
$0 $0 $0
Daryl Chambers Director 3
Director
$0 $0 $0
Somer Washington Treasurer 3
Officer Director
$0 $0 $0
Monica Guerrero Director 3
Director
$0 $0 $0
Jeremiah Loeffler Director 3
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 $172,122 $284,365 $40,375 $-112,243
2023 $229,898 $264,680 $117,051 $-34,782
2022 $220,252 $130,206 $165,005 $90,046
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