Our Own Wall Street
- Assets
- $37.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Detroit, MI
- Founding
- 05/2019
- Data as of
- 12/2021
- EIN
- 83-2262065
Organization Overview
Our Own Wall Street is located in Detroit, MI. The organization was established in 2019. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Our Own Wall Street 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 12/2021, Our Own Wall Street generated $61.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (29.9%) each year. All expenses for the organization totaled $52.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (26.1%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
OUR ORGANIZATION PROVIDES CIVIC ENGAGEMENT ACTIVITIES, WORKFORCE DEVELOPMENT AND FINANCIAL LITERACY.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,439 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $61,439 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $39,506 |
| Occupancy, rent, utilities, and maintenance | $2,100 |
| Printing, publications, postage, and shipping | $2,500 |
| Other expenses | $8,500 |
| Total expenses | $52,606 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,344 |
| Other assets | $0 |
| Total assets | $37,344 |
| Total liabilities | $0 |
| Net assets or fund balances | $37,344 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Our Own Wall Street has recieved totaling $18,000.
| Awarding Organization | Amount |
|---|---|
Bvm Capacity Building Institute Inc Atlanta, GA PURPOSE: General | $10,000 |
Michigan Nonprofit Association Lansing, MI PURPOSE: SUB-GRANT PER ICRC MOU | $8,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Walnut Hills Redevelopment Foundation Inc Cincinnati, OH | $7,399,538 | $1,025,062 |
Midtown Detroit Inc Detroit, MI | $6,098,841 | $4,938,478 |
Bellvue Gardens Community Urban Redevelopment Corporation Cincinnati, OH | $29,237,042 | $3,964,847 |
Detriot Economic Growth Association Detroit, MI | $6,651,865 | $5,567,044 |
Downtown Cleveland Improvementcorporation Cleveland, OH | $5,269 | $4,399,889 |
West Central Indiana Economic Development District Inc Terre Haute, IN | $2,629,970 | $4,624,225 |
Common Wealth Development Inc Madison, WI | $16,900,042 | $3,774,568 |
Renaissance Development Fund Benton Harbor, MI | $26,943,889 | $2,827,375 |
Ohio Capital Finance Corporation Columbus, OH | $139,771,046 | $8,872,596 |
The Columbus Partnership Columbus, OH | $3,736,612 | $3,353,265 |
Bounce Innovation Hub Akron, OH | $1,997,526 | $3,096,844 |
Evansville Vanderburgh County Convention & Visitors Bureau Inc Evansville, IN | $5,490,585 | $3,551,749 |