Street Corner Resource
EIN: 260149521 · New York, NY · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $1.3M |
| Net Assets | $621K |
Is Street Corner Resource Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Street Corner Resource
Street Corner Resource (EIN: 260149521) is a nonprofit organization based in New York, NY, classified under NTEE code P20. The organization reported total revenue of $2.6M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Street Corner Resource's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Street Corner Resource is a mid-size nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 40.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$170K |
| Total Assets | $818K |
| Total Liabilities | $197K |
| Net Assets | $621K |
| Operating Margin | 11.4% |
| Debt-to-Asset Ratio | 24.0% |
| Months of Reserves | 7.4 months |
Financial Health Grade: A
In 2023, Street Corner Resource reported a surplus of $170K with revenue exceeding expenses, holds 7.4 months of operating reserves (strong position), has a debt-to-asset ratio of 24.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Street Corner Resource's revenue has grown at a compound annual growth rate (CAGR) of 40.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.1% | -18.3% | -47.5% |
| 2022 | +33.5% | +65.0% | +166.3% |
| 2021 | +32.8% | +9.6% | +41.3% |
| 2020 | -20.7% | -9.9% | -25.9% |
| 2019 | +25.1% | +13.4% | -4.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Street Corner Resource has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Street Corner Resource with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $170K, with revenue exceeding expenses.
- Debt-to-asset ratio: 24.0%.
Frequently Asked Questions about Street Corner Resource
Is Street Corner Resource a legitimate charity?
Street Corner Resource (EIN: 260149521) is a registered tax-exempt nonprofit based in New York. It has 13 years of IRS 990 filings on record. Total revenue: $2.6M. No red flags identified. Financial health grade: A.
How does Street Corner Resource spend its money?
Street Corner Resource reported $2.6M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Street Corner Resource tax-deductible?
Street Corner Resource is registered as a tax-exempt nonprofit (EIN: 260149521). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Street Corner Resource located?
Street Corner Resource is headquartered in New York, New York and files with the IRS under EIN 260149521. It is classified under NTEE code P20.
How many years of IRS 990 filings does Street Corner Resource have?
Street Corner Resource has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.6M in total revenue.
Filing History
IRS 990 filing history for Street Corner Resource showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Street Corner Resource's revenue has grown by 5884.5%, moving from $25K to $1.5M. Total functional expenses rose by 5204.4%, from $25K to $1.3M. In its most recent filing year (2023), Street Corner Resource reported a surplus of $170K, with revenue exceeding expenses. The organization holds $197K in liabilities against $818K in assets (debt-to-asset ratio: 24.0%), resulting in net assets of $621K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.3M | $818K | $197K | — | — |
| 2022 | $1.5M | $1.6M | $1.6M | $1.2M | — | View 990 |
| 2021 | $1.1M | $984K | $585K | $130K | — | — |
| 2020 | $862K | $897K | $414K | $120K | — | View 990 |
| 2019 | $1.1M | $996K | $559K | $229K | — | View 990 |
| 2018 | $868K | $879K | $586K | $310K | — | View 990 |
| 2017 | $682K | $566K | $412K | $126K | — | View 990 |
| 2016 | $345K | $175K | $177K | $7K | — | View 990 |
| 2015 | $25K | $24K | $27K | $0 | — | — |
| 2014 | $40K | $40K | $1 | $0 | — | — |
| 2013 | $50K | $50K | $1 | $0 | — | — |
| 2012 | $25K | $25K | $1 | $0 | — | View 990 |
| 2011 | $25K | $25K | $0 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.3M, and assets of $818K (revenue -2.1% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.6M, and assets of $1.6M (revenue +33.5% year-over-year).
- 2021: Revenue of $1.1M, expenses of $984K, and assets of $585K (revenue +32.8% year-over-year).
- 2020: Revenue of $862K, expenses of $897K, and assets of $414K (revenue -20.7% year-over-year).
- 2019: Revenue of $1.1M, expenses of $996K, and assets of $559K (revenue +25.1% year-over-year).
- 2018: Revenue of $868K, expenses of $879K, and assets of $586K (revenue +27.3% year-over-year).
- 2017: Revenue of $682K, expenses of $566K, and assets of $412K (revenue +97.8% year-over-year).
- 2016: Revenue of $345K, expenses of $175K, and assets of $177K (revenue +1279.7% year-over-year).
- 2015: Revenue of $25K, expenses of $24K, and assets of $27K (revenue -37.5% year-over-year).
- 2014: Revenue of $40K, expenses of $40K, and assets of $1 (revenue -20.0% year-over-year).
- 2013: Revenue of $50K, expenses of $50K, and assets of $1 (revenue +100.0% year-over-year).
- 2012: Revenue of $25K, expenses of $25K, and assets of $1 (revenue +0.0% year-over-year).
- 2011: Revenue of $25K, expenses of $25K, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Street Corner Resource:
Data Sources and Methodology
This transparency report for Street Corner Resource is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.