Broad Street Ministry
Nonprofit profile at a glance
- EIN
- 202760310
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Philadelphia, PA, USA
- Phone
- 2157354847
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
- Affiliation
- Christianity
Reported finances
- Revenue
- $1,378,816
- Expenses
- $1,696,234
- Assets
- $12,535,277
- Liabilities
- $2,595,149
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- LAURE BIRON (CEO)
Highest reported compensation
- LAURE BIRON (CEO): $86,104 total reported compensation
- LISSETTE GOYA (CFO/TREASURE): $58,504 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
By offering radical hospitality to our neighbors in need, broad street ministry creates connection and community; restores hope and dignity; and increases security and self-sufficiency.
What it reported doing in 2024
Clinical support services: these critical and more therapeutic services include the concierges (case management), de-escalation, and reentry programs, all assisting guests in developing tools to more effectively advocate for themselves, manage behavioral or psychological challenges, re-acclimate to community life in a non-institutional environment, and pursue goals around housing, employment, education, and more robust civic participation. Our concierge program adapts traditional case management to bsl's trauma-aware, person-centered model based on the concept of "radical hospitality." the clinical support team also coordinates a suite of onsite partner providers, including a federally qualified health clinic, weekly and monthly legal clinics, health and wellness consultations, assessments for supportive housing, a monthly support group for formerly incarcerated individuals, a civic engagement and voter education group, and our therapeutic arts table. In the first half of 2025, 2,045 guests received concierge case management services, including assistance accessing benefits.
Operating model
- Revenue model
- Donor-supported. 82% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of total spending goes to programs and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 53
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 39
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 61.9%; rating input score 62
- Program expense ratio: 50.3%; rating input score 50
- Fundraising efficiency: $4.33 raised per $1 spent on fundraising; rating input score 14; 14th 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: 9 of 9 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: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -23%; rating input score 8; 8th percentile among comparable filings
- Total-asset coverage ratio: 7.39; rating input score 89; 89th percentile among comparable filings
- Liabilities to assets ratio: 0.21; rating input score 31; 31st percentile among comparable filings
- Officer compensation ratio: 8.5%; rating input score 42; 42nd percentile among comparable filings
Growth
- Program expense growth: 2% per year; rating input score 100; 26th percentile among comparable filings
- Revenue growth: 4.8% per year; rating input score 100; 42nd percentile among comparable filings
- Asset growth: 13.5% per year; rating input score 100; 69th percentile among comparable filings
Details
- Where the money goes: 61.9% of revenue deployed · 50.3% of spending went to programs
- Governance: 14 of 14 board members independent · 9 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $854K in reported program spending
- Leadership: top reported pay $86K · 16 people listed
- Consistency: 30 of 30 current checks pass
- Schedules: 7 filed schedules · includes major donors
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- Review — Financial Efficiency: Program expense ratio scored 50/100.
- High — Financial Efficiency: Fundraising efficiency scored 14/100.
- High — Sustainability: Operating margin scored 8/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 31/100.
- Moderate — Sustainability: Officer compensation ratio scored 42/100.