STREETLIGHTS

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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

1994

Legal Domicile

Principal Officer

ADELE B WILSON

Phone

3238503113

Tax Period

2023-07-01 to 2024-06-30

STREETLIGHTS, founded in 1994, is a small nonprofit in the Employment sector that reported $364K in total revenue in fiscal year 2023. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $500K exceeded revenue, resulting in a 37% operating deficit.

Mission

TO CREATE CAREERS FOR ECONOMICALLY AND SOCIALLY DISADVANTAGED YOUNG ADULT MINORITIES, WHILE INCREASING ETHNIC DIVERSITY IN THE ENTERTAINMENT INDUSTRY. THE ORGANIZATION PROVIDES JOB TRAINING, JOB PLACEMENT, AND CAREER ADVANCEMENT FOR EMPLOYMENT IN TV COMMERCIAL, FEATURE FILM, AND TELEVISION PRODUCTION.

Program Service Accomplishments

Program 1

Expenses: $339,177

THE STREETLIGHTS PROGRAM PROVIDES FREE JOB TRAINING, JOB PLACEMENT, AND CAREER ADVANCEMENT FOR ECONOMICALLY AND SOCIALLY AT-RISK YOUNG MEN AND WOMEN, PRESENTING OPPORTUNITY TO THOSE WHO DO NOT...

THE STREETLIGHTS PROGRAM PROVIDES FREE JOB TRAINING, JOB PLACEMENT, AND CAREER ADVANCEMENT FOR ECONOMICALLY AND SOCIALLY AT-RISK YOUNG MEN AND WOMEN, PRESENTING OPPORTUNITY TO THOSE WHO DO NOT NORMALLY HAVE ACCESS INTO THE HIGHLY COMPETETIVE INDUSTRY, WHERE THEY BEGIN EARNING HIGH WAGES AS WELL AS HEALTH BENEFITS, PENSION, AND WELFARE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $363,574

Program Service Revenue $0

Investment Income $197

Other Revenue $0

TOTAL REVENUE $363,771

Expense Breakdown

Grants Paid $0

Salaries & Benefits $344,692

Fundraising Expenses $30,635

Program Expenses $403,712

Other Expenses $154,888

TOTAL EXPENSES $499,580

Year-over-Year Comparison

	2023	2022	Change
Revenue	$363,771	$533,107	-0.3%
Expenses	$499,580	$532,590	-0.1%
Net Income	$-135,809	$517	-263.7%

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

$80,668

Total Directors