We have sustained our ministry with mostly private donations from grassroots supporters since 2008. We are extremely grateful and we strive to remain a very cost effective and low-to-the-ground ministry out of respect for everyone's hard-earned dollars. We strive to be a ministry that grows our income at the same pace as we grow our expenditures. However, at the end of 2016 we got word that the drop-in center we have operated alongside since inception would close due to a funding loss of a partner. We acted to keep this life-sustaining operation going by stepping in to operate it ourselves on Jan 6, 2017. We have committed our operating reserves to expanding ahead of our financial capabilities temporarily.
We must raise an additional $220,000 to operate the drop-in incrementally through the end of 2018 (two years). Without that new funding, the doors will indeed be closing on these vulnerable young people. We are committed to avoiding that. In order to raise this level of funding, we must find a three donors or grant underwriters who can give at a level of $25,000, a few at $10,000, a few more at $5,000 and lots of new donors who give at lower levels. Together we can achieve our goal and provide young people with access to food, clothing, personal care items and -- most importantly -- guidance counseling from trusted sources in a variety of formats that are proven to work already. We will continue to contain cost as much as possible. You can watch our progress on both income and cash flow in the graphs below. You can see where the drop-in expenses drive our cash flows very negative starting in December 2016. Prayers and referral to potential donors are much appreciated.
Street Youth Ministry is qualified for most employee matching programs. Simply ask to match Street Youth Ministry of Austin EIN #46-1449556.
Checks can be mailed to Street Youth Ministry, 408 W 23srd Street Basement, Austin TX 78705.
Call our business office 512 553 3796 to arrange donation of an appreciated stock.
We post updates for our donors on our blog.
You can order our annual report below and download our IRS 990 forms on Guidestar, where we have a platinum rating.