Beat the Streets Wrestling Program Philadelphia
Nonprofit profile at a glance
- EIN
- 800413630
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Philadelphia, PA, USA
- Phone
- 2154542255
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Amateur Sports
Reported finances
- Revenue
- $1,207,596
- Expenses
- $1,349,850
- Assets
- $1,350,258
- Liabilities
- $914,238
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- JAMES MANGAN (FORMER EXECUTIVE DIRECTOR)
Highest reported compensation
- JAMES MANGAN (FORMER EXECUTIVE DIRECTOR): $39,500 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Beat the streets philadelphia (btsp)is a sports-based youth development nonprofit that is committed to fostering the holistic growth of student-athletes living in at-risk under-served communities. Btsp implements mentoring, academic support, and wrestling programs throughout the greater philadelphia region as vehicles to positively alter lifes trajectory
What it reported doing in 2024
Btsp applies evidence-based, innovative stategies to engage youth in leadership development, increasing soft skills, and creating a sense of self determination, self confidence, and connection with teammates and their community. At the core, this comprehensive program hinges on establishing trust between the youth enrolled and their coaches and mentors. The centerpiece of the program is the specialized after school wrestling and health and wellness opportunities delivered by btsp. We believe that the sport of wrestling, combined with structured mentoring, creates an enviroment where our youth learn invaluable skills applicable in the classroom, relationships, and future careers. Our wrestling program instills the discipline, focus, self esteem, hard work and respect vital to overcoming students challenges off the mat. Meanwhile, our supplemental academic mentoring support provides the critical piece to ensuring our student-athletes transition character traits learned on the mat into the classroom and life.
Operating model
- Revenue model
- Donor-supported. 97% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 28
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.5%; rating input score 91
- Program expense ratio: 80.8%; rating input score 81
- Fundraising efficiency: $6.17 raised per $1 spent on fundraising; rating input score 23; 23rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -11.8%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 1; rating input score 43; 43rd percentile among comparable filings
- Liabilities to assets ratio: 0.68; rating input score 11; 11th percentile among comparable filings
- Officer compensation ratio: 2.9%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: 8.7% per year; rating input score 100; 58th percentile among comparable filings
- Revenue growth: 6.2% per year; rating input score 100; 50th percentile among comparable filings
- Asset growth: 19.6% per year; rating input score 100; 81st percentile among comparable filings
Details
- Where the money goes: 90.5% of revenue deployed · 80.8% of spending went to programs
- Governance: 11 of 11 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1.1M in reported program spending
- Leadership: top reported pay $40K · 12 people listed
- Consistency: 27 of 27 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 10 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 23/100.
- High — Sustainability: Operating margin scored 15/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
- High — Sustainability: Liabilities to assets ratio scored 11/100.
- Review — Sustainability: Officer compensation ratio scored 57/100.