Street Poets Inc

Nonprofit profile at a glance

EIN
202268493
IRS 990 coverage
2013–2024
Forms available
Form 990 2024
Location
Los Angeles, CA, USA
Phone
3237378545
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Remedial Reading, Reading Encouragement

Official website

Reported finances

Revenue
$1,946,916
Expenses
$1,775,804
Assets
$6,243,689
Liabilities
$301,166

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • SHANAE SHARON (EXECUTIVE DIRECTOR)

Highest reported compensation

  • SHANAE SHARON (EXECUTIVE DIRECTOR): $144,323 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Street poets, inc. Is an arts education violence prevention program for system-impacted youth and young adults in the probation facilities and under-served school communities of los angeles county (and occasionally beyond). The program is dedicated to promoting nonviolence and healing through poetry, music, additional mediums, and nature excursions, creating an arts-support system that inspires our youth to break self-destructive cycles and become creative peacemakers and positive leaders in their communities.

What it reported doing in 2024

Seeking peace: we facilitated 44 hybrid (virtual and in-person) "seeking peace" poetry & meditation workshops via zoom and the street poets office throughout the year, serving an average attendance of 10-20 youth and young adult participants weekly.in addition, we facilitated a "seeking peace outside!" session at reuben ingold park with love source l.a. (aug. 18, 2024).open mic/street poets presents & dj sessions: we hosted 9 "sp presents" in-person community open-mic events and public poetry readings/interviews over the course of the year. These events were held at various partner sites, including pieter performance space, la plaza de cultura y artes, emerson college, and art share-la in the downtown los angeles arts district, averaging 45 attendees at each.our featured artists at each event were well-established, professional poets and performers from across the country; and our audience spanned from students to alumni, to their families, street poets supporters, and beyond. These events offer the youth in our community an opportunity to have their voices and creativity heard, as well as be exposed to poets and other professional artists.other special collaborations included: we partnered with youth mentoring connection for our 2 annual youth retreats at big bear lake - a young women's and non-binary youth retreat and a young men's retreat. In addition, street poets and youth mentoring connection collaborated for a total of 4 monthly poetry workshops for an average group of 20 youth and young adults, as well as a "voices in motion" poetry and drumming event held at youth mentoring connection for a crowd of about 30 youth and adult participants.we collaborated with unlikely collaborators for the intuitive leadership professional development course (november 25, 2024), the unlikely collaborators summit (june 20th-22nd, 2025), and the moth community workshop (february 5th - 6th, 2025).we attended an international arts & revolution summit (june 14th-23rd, 2024) through witness for peace. We also hosted 3 international delegations in partnership with the international citizen diplomacy of los angeles - promoting music through social change (oct. 2, 2024), empowering youth community leaders (oct. 24, 2024) and music entrepreneurship (may 15, 2025).other community workshops: street poets facilitated additional, one-off and short-series performances and workshops, including our poetry and gardening program, which we facilitated at metropolitan high school, along with a special workshop at one of our open mics.our professional development sessions, through our partnership with ahjn, with los padrinos juvenile hall, dexter middle school in whittier, and department of arts and culture, served both youth and adults virtually and in person. Through these programs, street poets reached over 400 additional youth and adults.street poets also participated in conferences, convenings and invites to speak and present, including a commission on HIV: 2025 consumer resource fair (feb. 13, 2025) hosted by the los angeles county commission on HIV caucasus, pen america world voices festival (may 3, 2025), aspen opportunity youth forum convening (may 21, 2025) hosted by l.a. Opportunity youth collaborative, and justice and art jam (may 24, 2025) organized by la freewaves.we mentored (by phone, texting, conference platforms such as zoom, and in person) a dozen or so current and former students, while maintaining regular email and social media contact with a dedicated network of over a hundred students and alumni and supporters.our professional development sessions, through our partnership with ahjn, with the whittier, pasadena, and pomona unified school districts; and programming for soledad enrichment action (sea), serving both youth and adults virtually and in person. Through these programs street poets reached over 100 additional youth and adults. Street poets also participated in conferences and convenings, including the social justice learning ins

Operating model

Revenue model
Donor-supported. 61% 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 92
  • Accountability: 95
  • Sustainability: 62
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 68.2%; rating input score 68
  • Program expense ratio: 73.6%; rating input score 74
  • Fundraising efficiency: $6.4 raised per $1 spent on fundraising; rating input score 24; 24th 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: 7 of 8 controls in place; rating input score 88
    • 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: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 8.8%; rating input score 59; 59th percentile among comparable filings
  • Total-asset coverage ratio: 3.52; rating input score 78; 78th percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 52; 52nd percentile among comparable filings
  • Officer compensation ratio: 8.1%; rating input score 43; 43rd percentile among comparable filings

Growth

  • Program expense growth: 10.2% per year; rating input score 100; 63rd percentile among comparable filings
  • Revenue growth: 14.8% per year; rating input score 100; 78th percentile among comparable filings
  • Asset growth: 27.8% per year; rating input score 100; 89th percentile among comparable filings

Details

  • Where the money goes: 68.2% of revenue deployed · 73.6% of spending went to programs
  • Governance: 12 of 12 board members independent · 7 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $1.3M in reported program spending
  • Leadership: top reported pay $144K · 13 people listed
  • Consistency: 28 of 28 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 12 filing years from 2013 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 24/100.
  • Review — Accountability: Governance controls: Audit committee oversight not reported.
  • Review — Sustainability: Operating margin scored 59/100.
  • Moderate — Sustainability: Officer compensation ratio scored 43/100.
  • Review — Sustainability: Liabilities to assets ratio scored 52/100.