Nonprofit · EIN 47-1049280
OAKLAND & THE WORLD ENTERPRISES INC
Tax-exempt · OAKLAND, CA 94612
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,184,479 | $1,489,009 | $695,470 | $4,446,490 | $1,479,516 | $2,966,974 |
| December 31, 2023 | 990 | $1,407,341 | $621,307 | $786,034 | $3,652,427 | $1,526,053 | $2,126,374 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,692,449
- of which government grants
- $1,000,000
- Program service revenue
- $560,804
- Investment income
- $35,818
- Net gain from sales of assets
- $23,333
- Other revenue
- -$104,592
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $15,310
- Accounting fees
- $68,537
- Occupancy
- $42,320
- Depreciation
- $4,168
- Program services (functional)
- $1,202,175
- Management and general (functional)
- $215,860
- Fundraising (functional)
- $70,974
Balance sheet and other
- Total assets, start of year
- $3,652,427
- Total assets, end of year
- $4,446,490
- Total liabilities, end of year
- $1,479,516
- Net assets, end of year
- $2,966,974
- Land, buildings and equipment
- $2,484,274
- Net assets without donor restrictions
- $2,966,974
- Gross receipts
- $2,191,146
- Employees
- 0
- Volunteers
- 10
- Year formed
- 2014
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELAINE D BROWN | President & CEO Trustee or director, Officer | 10 | $0 |
| JAMES NIXON | Treasurer Trustee or director, Officer | 1 | $0 |
| DEBORAH MATTHEWS | Secretary Trustee or director | 3 | $0 |
| DR MARK ALEXANDER | Director Trustee or director | 3 | $0 |
| ZACK WASSERMAN ESQ | Director Trustee or director | 3 | $0 |
| HC AHURUONYE CPA | Treasurer Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELAINE D BROWN | President & CEO Trustee or director, Officer | 10 | $0 |
| JAMES NIXON | Treasurer Trustee or director, Officer | 1 | $0 |
| DEBORAH MATTHEWS | Secretary Trustee or director | 3 | $0 |
| DR MARK ALEXANDER | Director Trustee or director | 3 | $0 |
| ZACK WASSERMAN ESQ | Director Trustee or director | 3 | $0 |
| HC AHURUONYE CPA | Treasurer Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 1407 WEBSTER ST STE 208, OAKLAND, CA 94612-3283
- In care of
- % R ZACHARY WASSERMAN
- Principal officer (990 for 2024)
- ELAINE D BROWN, 1407 WEBSTER STREET 208, OAKLAND, CA 94612
- Signed the 990
- ELAINE D BROWN, President & CEO
- Phone
- (510) 834-6600
- Website
- OAKLANDANDTHEWORLD.ORG
- Return prepared by
- HCA & CO CPA
California records
California keeps its own records of charities and corporations. Search them by EIN 47-1049280 or by the name OAKLAND & THE WORLD ENTERPRISES INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
THE SPECIFIC PURPOSE AND MISSION OF THIS ORGANIZATION IS TO ASSIST VULNERABLE MEMBERS OF THE COMMUNITY TO ACHIEVE ECONOMIC EMPOWERMENT, HOME OWNERSHIP AND FULL EMPLOYMENT RESPECTIVELY.THE MISSION OF OAKLAND & THE WORLD ENTERPRISES (OAW), A NONPROFIT ORGANIZATION, IS TO LAUNCH FOR-PROFIT BUSINESSES FOR OWNERSHIP BY FORMALLY INCARCERATED PEOPLE AND OTHER PEOPLE FACING EXTREME BARRIERS TO EMPLOYMENT AND ECONOMIC SURVIVAL. HAVING LAUNCHED OUR FIRST BUSINESS, WEST OAKLAND FARMS, ON OUR PROPERTY AT SEVENTH AND CAMPBELL STREETS IN WEST OAKLAND, CALIFORNIA, WE ARE CURRENTLY POSITIONED TO DEVELOP A COMPLEX THERE FOR OUR OTHER BUSINESSES AND APPROXIMATELY 80, 100% AFFORDABLE HOUSING UNITS. IN ADDITION TO THOSE BUSINESSES THAT WILL USE THE COMMERCIAL SPACE IN THE COMPLEX, WE WILL LAUNCH OTHER, SERVICE BUSINESSES FOR THE HOUSING COMPLEX, INCLUDING MAINTENANCE, SECURITY AND SHUTTLE SERVICES. WHILE IT IS OUR GOAL TO LAUNCH A THOUSAND BUSINESSES, WE BELIEVE WE ARE CREATING A MODEL FOR OAKLAND AND, IN
Program accomplishments
- THE MISSION OF OAKLAND & THE WORLD ENTERPRISES (OAW), A NONPROFIT ORGANIZATION, IS TO LAUNCH FOR-PROFIT BUSINESSES FOR OWNERSHIP BY FORMALLY INCARCERATED PEOPLE AND OTHER PEOPLE FACING EXTREME BARRIERS TO EMPLOYMENT AND ECONOMIC SURVIVAL. HAVING LAUNCHED OUR FIRST BUSINESS, WEST OAKLAND FARMS, ON OUR PROPERTY AT SEVENTH AND CAMPBELL STREETS IN WEST OAKLAND, CALIFORNIA, WE ARE CURRENTLY POSITIONED TO DEVELOP A COMPLEX THERE FOR OUR OTHER BUSINESSES AND APPROXIMATELY 80, 100% AFFORDABLE HOUSING UNITS. IN ADDITION TO THOSE BUSINESSES THAT WILL USE THE COMMERCIAL SPACE IN THE COMPLEX, WE WILL LAUNCH OTHER, SERVICE BUSINESSES FOR THE HOUSING COMPLEX, INCLUDING MAINTENANCE, SECURITY AND SHUTTLE SERVICES. WHILE IT IS OUR GOAL TO LAUNCH A THOUSAND BUSINESSES, WE BELIEVE WE ARE CREATING A MODEL FOR OAKLAND AND, INDEED, THE WORLD TO CONSIDER TOWARD ALLEVIATING POVERTY, REDUCING CRIME AND CREATING THE CONDITIONS FOR PROSPERITY FOR EVERYONE.Expenses $1,202,175
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-1049280
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31)
- Assets (IRS master file)
- $4,446,490
- Income (IRS master file)
- $2,191,146
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,184,479 | $1,489,009 | $4,446,490 | XML |
| 990 | December 2023 | $1,407,341 | $621,307 | $3,652,427 | XML |
| 990 | December 2022 | $2,263,384 | $497,230 | $2,856,393 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-1049280).
Questions about OAKLAND & THE WORLD ENTERPRISES INC
- What is the EIN of OAKLAND & THE WORLD ENTERPRISES INC?
- The employer identification number (EIN) of OAKLAND & THE WORLD ENTERPRISES INC is 47-1049280.
- Is OAKLAND & THE WORLD ENTERPRISES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to OAKLAND & THE WORLD ENTERPRISES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OAKLAND & THE WORLD ENTERPRISES INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of OAKLAND & THE WORLD ENTERPRISES INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did OAKLAND & THE WORLD ENTERPRISES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of OAKLAND & THE WORLD ENTERPRISES INC?
- The 990 for the year ended December 31, 2024 names ELAINE D BROWN.
- Who are the officers and directors of OAKLAND & THE WORLD ENTERPRISES INC?
- The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does OAKLAND & THE WORLD ENTERPRISES INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,184,479, expenses of $1,489,009 and total assets of $4,446,490 at year end.
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All nonprofits in OAKLAND · California · Community improvement and capacity building