Desire Street Ministries
- Assets
- $3.6m
- Revenue
- $1.5m
- Investments
- $2.4m
- Employees
- 9
- Location
- Atlanta, GA
- Founding
- 10/1992
- Data as of
- 06/2022
- EIN
- 72-1218825
Organization Overview
Desire Street Ministries is located in Atlanta, GA. The organization was established in 1992. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 06/2022, Desire Street Ministries employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Desire Street Ministries is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Desire Street Ministries generated $1.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (23.9%) each year. All expenses for the organization totaled $1.2m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Desire Street Ministries has awarded 35 individual grants totaling $4,305,660. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO LOVE OUR NEIGHBOR BY REVITALIZING UNDER-RESOURCED NEIGHBORHOODS THROUGH SPIRITUAL AND COMMUNITY DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COACHING AND CARING - DESIRE STREET STRAGEICALLY ENCOURAGES, EQUIPS AND CONNECTS LEADERS. THIS CREATES THE LONG-TERM IMPACT NECESSARY FOR NEIGHBORHOOD REVITALIZATION. THROUGH 3-5 YEAR PARTNERSHIPS, WE JOURNEY ALONGSIDE LEADERS AND THEIR ORGANIZATIONS TO ENSURE THEY THRIVE IN LEADERSHIP, ORGANIZATIONAL HEALTH, AND MINSTRY EFFECTIVENESS. TO REACH THIS GOAL, WE OFFER OUR PARTNERS INTENSIVE TRAINING, COACHING AND MENTORING, RETREATS, AND COUNSELING.
INVEST AND REVITALIZE - DESIRE STREET SUPPORTS LEADERS THROUGH BOARD DEVELOPMENT, FUNDRAISING, COACHING, AND ASSESSMENTS TO GAUGE ORGANIZATIONAL HEALTH. WE SEEK TO STEWARD FUNDS WELL THROUGH PRUDENT BUDGETING AND STRATEGIC INVESTMENTS. WE PROVIDE RESOURCES AND COUNSEL TO A WIDER RANGE OF COMMUNITY LEADERS WHO SEEK OUR EXPERTISE.
EDUCATING AND ENGAGING - DESIRE STREET GATHERS AND DIRECTS RESOURCES TOWARD THE GOAL OF REVITALIZING UNDER-RESOURCED NEIGHBORHOODS. WE RAISE AWARENESS OF THE OVERWHELMING CHALLENGES, AND CELEBRATE SUCCESSES, WITH THOUSANDS OF KIDS AND FAMILIES IMPACTED. THIS ENGAGES COMMUNITY ADVOCATES, AND CREATES SOCIAL CAPITAL FOR THE FIGHT AGAINST POVERTY IN OUR CITIES. DESIRE STREET SERVES AS THE INTERSECTION OF LIVES, LEADERS AND NEIGHBORHOODS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danny Wuerffel Executive Director | Officer | 40 | $124,276 |
Ben Scaccia Director Of Leadership Dev | 40 | $111,683 | |
James Gadsby Coo/secretary | Officer | 40 | $92,568 |
Allan Bell Treasurer & Finance Comm Chair | OfficerTrustee | 2 | $0 |
Jonathan Colehower Vice Chair & Development | OfficerTrustee | 2 | $0 |
Eric Thigpen Chair | OfficerTrustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Donahue Favret Contractos Inc Construction | 6/29/17 | $527,055 |
The Sulzer Group Project Mgr | 6/29/17 | $135,097 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,413,005 |
| Noncash contributions included in lines 1a–1f | $31,391 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,413,005 |
| Total Program Service Revenue | $0 |
| Investment income | $44,173 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $326 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,461,370 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $515 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $280,372 |
| Compensation of current officers, directors, key employees. | $30,140 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $414,294 |
| Pension plan accruals and contributions | $44,583 |
| Other employee benefits | $11,466 |
| Payroll taxes | $33,657 |
| Fees for services: Management | $67,629 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,021 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,957 |
| Office expenses | $41,369 |
| Information technology | $21,862 |
| Royalties | $0 |
| Occupancy | $3,897 |
| Travel | $30,486 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,512 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $13,252 |
| All other expenses | $0 |
| Total functional expenses | $1,199,577 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $571,661 |
| Savings and temporary cash investments | $76,198 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $11,549 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,389,504 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $585,246 |
| Total assets | $3,634,158 |
| Accounts payable and accrued expenses | $90,974 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $90,974 |
| Net assets without donor restrictions | $3,532,934 |
| Net assets with donor restrictions | $10,250 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,634,158 |
Grants Awarded
Over the last fiscal year, Desire Street Ministries has awarded $44,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Atlanta, GA PURPOSE: Partner Grant | $16,000 |
Estes Park, CO PURPOSE: Discretionary Grant | $15,000 |
Mobile, AL PURPOSE: Partner Grant | $13,000 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Desire Street Ministries has recieved totaling $357,308.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $266,600 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $39,250 |
World Outreach Fund Atlanta, GA PURPOSE: GENERAL GRANT - GIVE TO THEIR NEXT FISCAL YEAR (7/21-6/22) | $25,000 |
Goldman Sachs Charitable Gift Fund New York, NY PURPOSE: COMMUNITY OUTREACH & ENRICHMENT PROGRAMS | $12,500 |
The Community Foundation For Northeast Florida Inc Jacksonville, FL PURPOSE: GENERAL OPERATING | $10,000 |
The Balkcom Charitable Trust Atlanta, GA PURPOSE: CIVIC/CHARITABLE PURPOSES | $3,000 |
Endowment Analysis
| Net Contributions | $10,250 |
| Ending Balance | $10,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Christ For All Nations Orlando, FL | $10,548,183 | $19,908,436 |
Corporate Chaplains Of America Inc Wake Forest, NC | $14,993,771 | $19,711,827 |
Precept Ministries Of Reach Out Inc Chattanooga, TN | $10,987,140 | $15,669,576 |
Lake Junaluska Assembly Inc Lake Junaluska, NC | $31,377,440 | $12,754,761 |
Holy Angels Inc Belmont, NC | $12,927,862 | $9,334,354 |
United Against Poverty Inc Vero Beach, FL | $21,479,964 | $11,068,487 |
Impact 360 Institute Inc Atlanta, GA | $4,530,260 | $9,934,364 |
Proverbs 31 Ministry Inc Matthews, NC | $13,247,275 | $7,018,606 |
Campus Outreach Serve Inc Hoover, AL | $4,070,578 | $8,268,154 |
Intend Ministries Murfreesboro, TN | $2,990,387 | $7,592,867 |
Third Millennium Ministries Inc Casselberry, FL | $8,248,500 | $7,349,091 |
Suncoast Haven Of Rest Rescue Mission Inc Pinellas Park, FL | $540,922 | $5,432,743 |