Oak Street Merchants Residents and Property Owners EIN 27-2346801

Oak Street Merchants Residents and Property Owners

EIN  27-2346801 Public charity (501(c)(3)) New Orleans, LA
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Improves neighborhood conditions and quality of life while assisting other local charities.
Leadership
Money in and out
$277K revenue, $253K expenses
Bottom line
100% program efficiency

Improves neighborhood conditions and quality of life while assisting other local charities. For fiscal year 2025 it reported $277K in revenue, $253K in expenses, and $249K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$277K
Pt VIII · Ln 12
Total expenses
$253K
Pt IX · Ln 25
Net assets
$249K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $24K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs0% vs prior filing year
Operating runway
11.8mo
months of highly liquid reserves at operating expense rate▲ +5% vs prior filing year
Surplus margin
+9%
revenue over expenses, this year▲ +169% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$277K
FY2025▲ +28%
Expenses
$253K
FY2025▲ +4%
Total assets
$256K
FY2025▲ +12%
Total liabilities
$7K
FY2025▲ +174%
Total revenue
$277K
Pt VIII · Ln 12
Total expenses
$253K
Pt IX · Ln 25
Net assets
$249K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$24K
Total assetsPt X · Ln 16$256K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $253K of program spending, described in the organization's own filed words · FY2025.
01

Management and production of the Annual Oak Street Poboy Festival.Establish a charity tie-in with Son of a Saint charitable organization and helped them raise funds at the Poboy Festival.

$253Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COak Street Merchants Residents and Property Owners
EINHdr · item D27-2346801
Principal addressHdr · item CNew Orleans, LA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MLA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S30)
Ruling yearIRS BMFJul 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue100%$277K
Total revenueLn 12$277K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$253K
Total functional expensesLn 25$253K

Balance Sheet

Part X · end of year
CashLn 1$248K
Total assetsLn 16$256K
Total liabilitiesLn 26$7K
Total net assetsLn 32$249K
Months of cash on handcomputed11.8

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $248K · Operating expenses/yr $253K
11.8 months
Where the money goes
Program services
Program services $253K · Total expenses $253K
100%
Management & General
Management & general $0 · Total expenses $253K
0%
Fundraising
Fundraising $0 · Total expenses $253K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $277K
0%
Government reliance
Government grants — · Total revenue $277K
Earned-income share
Program service revenue $277K · Total revenue $277K
100%
Investment reliance
Investment income $0 · Total revenue $277K
0%
Program self-sufficiency
Program service revenue $277K · Total expenses $253K
109%
Growth & trend
Revenue growth (YoY)
This year $277K · Prior year $215K
+28%
Net-asset trend (YoY)
End of year $249K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $277K · Expenses $253K
+9%
Liabilities-to-Assets
Total liabilities — · Total assets $256K
Net-asset ratio
Net assets $249K · Total assets $256K
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $256K
0%
People & payroll
Highest Reported Total Compensation
Individual Lauren Johnson-Blake · Reported title Director · Highest reported compensation $0 · Total expenses $253K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $253K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Revenue growth 28%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 1%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$277K revenue · viewing · ⤓ 990 PDF
FY2024$215K revenue · ⤓ 990 PDF
FY2023$307K revenue · ⤓ 990 PDF
FY2022$317K revenue · ⤓ 990 PDF
FY2021$7K revenue · ⤓ 990 PDF
FY2020$8K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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