Street Sense Inc
Street Sense Inc maintains stable finances with no reported officer compensation and growing assets.
EIN: 201297050 · Washington, DC · NTEE: P85 · Updated: 2026-03-28
Is Street Sense Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Street Sense Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Street Sense Inc
Street Sense Inc (EIN: 201297050) is a nonprofit organization based in Washington, DC, classified under NTEE code P85. The organization reported total revenue of $660K and total assets of $329K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Street Sense Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Street Sense Inc is a small nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 9.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $829K |
| Total Expenses | $826K |
| Surplus / Deficit | +$4K |
| Total Assets | $292K |
| Total Liabilities | $25K |
| Net Assets | $266K |
| Operating Margin | 0.4% |
| Debt-to-Asset Ratio | 8.7% |
| Months of Reserves | 4.2 months |
Financial Health Grade: A
In 2023, Street Sense Inc reported a surplus of $4K with revenue exceeding expenses, holds 4.2 months of operating reserves (adequate), has a debt-to-asset ratio of 8.7% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Street Sense Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.8% | -6.4% | +0.3% |
| 2022 | -15.2% | +18.4% | -27.8% |
| 2021 | +7.2% | +11.3% | +57.4% |
| 2020 | +66.1% | +29.2% | +95.5% |
| 2019 | +26.5% | +11.8% | -8.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Street Sense Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Street Sense Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either uncompensated or compensated through non-officer roles, which is highly favorable for an organization of its size with revenues consistently above $500,000 in recent years.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Street Sense Inc's IRS 990 filings:
- Occasional operating deficits, such as in 2022 where expenses ($882,773) exceeded revenue ($755,551), though often balanced by surpluses in other years.
Strengths
The following positive indicators were identified for Street Sense Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating low administrative overhead.
- Significant growth in assets from $126,898 in 2014 to $291,573 in 2023, demonstrating financial stability.
- Generally stable and growing revenue streams, with 2023 revenue at $829,442.
- Consistent filing of IRS 990s over 14 periods, indicating strong transparency.
- NTEE code P85 (Homeless, Housing & Shelter) aligns well with a direct service mission.
Frequently Asked Questions about Street Sense Inc
Is Street Sense Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Street Sense Inc (EIN: 201297050) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Street Sense Inc spend its money?
Street Sense Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Street Sense Inc tax-deductible?
Street Sense Inc is registered as a tax-exempt nonprofit (EIN: 201297050). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Street Sense Inc a good charity?
Based on the financial data, Street Sense Inc appears to be a good charity. They demonstrate strong financial stability, consistent growth in assets, and a notable commitment to minimizing administrative costs by reporting 0% officer compensation across all filings.
How has Street Sense Inc's financial health changed over time?
Street Sense Inc has shown significant financial growth and stability over the past decade. Revenue has generally increased from $300,469 in 2014 to $829,442 in 2023, and assets have more than doubled from $126,898 to $291,573 in the same period, indicating a healthy upward trend.
What is Street Sense Inc's approach to executive compensation?
Street Sense Inc consistently reports 0% officer compensation in its IRS 990 filings, suggesting a strong commitment to directing funds towards its mission rather than executive salaries. This is a significant positive indicator for donors.
Filing History
IRS 990 filing history for Street Sense Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Street Sense Inc's revenue has grown by 230.7%, moving from $251K to $829K. Total assets increased by 624% over the same period, from $40K to $292K. Total functional expenses rose by 253.7%, from $233K to $826K. In its most recent filing year (2023), Street Sense Inc reported a surplus of $4K, with revenue exceeding expenses. The organization holds $25K in liabilities against $292K in assets (debt-to-asset ratio: 8.7%), resulting in net assets of $266K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $829K | $826K | $292K | $25K | — | — |
| 2022 | $756K | $883K | $291K | $28K | — | View 990 |
| 2021 | $891K | $745K | $403K | $13K | — | View 990 |
| 2020 | $831K | $670K | $256K | $12K | — | View 990 |
| 2019 | $500K | $518K | $131K | $48K | — | View 990 |
| 2018 | $395K | $464K | $143K | $42K | — | View 990 |
| 2017 | $434K | $430K | $214K | $45K | — | View 990 |
| 2016 | $351K | $388K | $197K | $32K | — | View 990 |
| 2015 | $464K | $360K | $234K | $33K | — | View 990 |
| 2014 | $300K | $284K | $127K | $30K | — | View 990 |
| 2013 | $293K | $279K | $103K | $22K | — | View 990 |
| 2012 | $257K | $234K | $72K | $6K | — | View 990 |
| 2011 | $232K | $226K | $46K | $3K | — | View 990 |
| 2010 | $251K | $233K | $40K | $3K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $829K, expenses of $826K, and assets of $292K (revenue +9.8% year-over-year).
- 2022: Revenue of $756K, expenses of $883K, and assets of $291K (revenue -15.2% year-over-year).
- 2021: Revenue of $891K, expenses of $745K, and assets of $403K (revenue +7.2% year-over-year).
- 2020: Revenue of $831K, expenses of $670K, and assets of $256K (revenue +66.1% year-over-year).
- 2019: Revenue of $500K, expenses of $518K, and assets of $131K (revenue +26.5% year-over-year).
- 2018: Revenue of $395K, expenses of $464K, and assets of $143K (revenue -8.9% year-over-year).
- 2017: Revenue of $434K, expenses of $430K, and assets of $214K (revenue +23.6% year-over-year).
- 2016: Revenue of $351K, expenses of $388K, and assets of $197K (revenue -24.3% year-over-year).
- 2015: Revenue of $464K, expenses of $360K, and assets of $234K (revenue +54.4% year-over-year).
- 2014: Revenue of $300K, expenses of $284K, and assets of $127K (revenue +2.6% year-over-year).
- 2013: Revenue of $293K, expenses of $279K, and assets of $103K (revenue +13.9% year-over-year).
- 2012: Revenue of $257K, expenses of $234K, and assets of $72K (revenue +11.0% year-over-year).
- 2011: Revenue of $232K, expenses of $226K, and assets of $46K (revenue -7.6% year-over-year).
- 2010: Revenue of $251K, expenses of $233K, and assets of $40K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Street Sense Inc:
Data Sources and Methodology
This transparency report for Street Sense Inc 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.