STREETS Ministries

Legal name: Streets Ministries Inc

Nonprofit profile at a glance

EIN
621763815
IRS 990 coverage
2009–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Memphis, TN, United States
Phone
901-525-7380
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Children's, Youth Services
Affiliation
Christianity

Official website

Reported finances

Revenue
$1,471,782
Expenses
$2,412,906
Assets
$10,091,482
Liabilities
$3,082,667

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

Leadership & pay

17 people listed

Executive titles in this filing

  • ERIC BALLENTINE (EXECUTIVE DIRECTOR)

Highest reported compensation

  • KENNETH BENNETT (MANAGER OF SOUL MINISTRY): $140,020 total reported compensation
  • ERIC BALLENTINE (EXECUTIVE DIRECTOR): $105,419 total reported compensation

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

Overview

Mission

STREETS MINISTRIES, THROUGH THE LOVE OF JESUS CHRIST, ENGAGES, ENCOURAGES AND EQUIPS YOUTH TO ACHIEVE THEIR POTENTIAL BY REALIZING THEIR GOD-GIVEN PURPOSE. The Development Manager will lead strategies and activities to secure philanthropic support for the successful operation of Streets Ministries. We are looking for an experienced development professional with strong interpersonal and communication skills to develop meaningful community relationships in order to raise awareness and funding to advance the mission of STREETS. A passion to see Memphis’ youth achieve their potential and further the work of the gospel is a must! See full job description. Apply For This Position.

What it reported doing in 2024

Education - streets pathways mentoring strives to equip our members with the knowledge, skills, and experiences they'll need to reach their full potential personally and professionally. The pathways program is designed to help middle and high school students find success in school and then transition to college, vocational school, military, or the workforce. We train our mentors to focus on helping our students grow in the areas of: social skills, literacy, academic improvement, college and career readiness, and spiritual development.streets smart is a literacy program for 2nd and 3rd grade students. The goal for streets smart is for all students to be reading on 3rd grade level by the completion of the program. This literacy program serves approximately 30 students yearly.nextlevel mentoring: prepares high school juniors and seniors for life after graduation through college readiness, career exploration, internships, and job shadowing opportunities.

Operating model

Revenue model
Donor-supported. 85% 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: 86
  • Transparency & Controls: 87
  • Accountability: 96
  • Sustainability: 32
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 80.3%; rating input score 80
  • Fundraising efficiency: $8.49 raised per $1 spent on fundraising; rating input score 33; 33rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.8%; rating input score 94; 24th 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: 93.3%; rating input score 93; 25th 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: -63.9%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 4.18; rating input score 82; 82nd percentile among comparable filings
  • Liabilities to assets ratio: 0.31; rating input score 24; 24th percentile among comparable filings
  • Officer compensation ratio: 10.2%; rating input score 36; 36th percentile among comparable filings

Growth

  • Program expense growth: -1.3% per year; rating input score 0; 14th percentile among comparable filings
  • Revenue growth: -1.7% per year; rating input score 0; 10th percentile among comparable filings
  • Asset growth: 1.8% per year; rating input score 100; 25th percentile among comparable filings

Details

  • What they do: 4 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 100% of revenue deployed · 80.3% of spending went to programs
  • Governance: 14 of 15 board members independent · 8 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $1.9M in reported program spending
  • Leadership: top reported pay $140K · 17 people listed
  • Consistency: 30 of 31 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors
  • Filing history: 14 filing years from 2009 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.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 33/100.
  • High — Sustainability: Operating margin scored 2/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 24/100.
  • Moderate — Sustainability: Officer compensation ratio scored 36/100.