OLD SOUTH PEARL STREET MERCHANTS ASSOCIATION

EIN: 204200931 Community Improvement

DENVER, CO

Total Revenue
$731,940
Total Expenses
$590,432
Total Assets
$669,592
Net Assets
$669,592
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
CO
Principal Officer
Lauri Ver Schure
Phone
3038719401
Tax Period
2023-01-01 to 2023-12-31

OLD SOUTH PEARL STREET MERCHANTS ASSOCIATION, founded in 1983, is a small nonprofit in the Community Improvement sector that reported $732K in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $142K, a strong 19% operating margin.

Mission

BUILD AND SUPPORT VITAL NEIGHBORHOOD AND LOCAL BUSINESSES, ENCOURAGE COMMUNITY AND NEIGHBORHOOD RELATIONS THRU STREET FAIRS, MARKETS, ETC ARTISAN REVENUE IS USED FOR STREET IMPROVEMENTS AND SPONSORING LOCAL SCHOOLS AND COMMUNITY

Program Service Accomplishments

Program 1
Expenses: $340,614 Revenue: $615,440

SEASONAL WEEKLY FARMERS MARKET FOR LOCAL GROWERS TO SELL THEIR GOODS AND PROMOTE AND ENCOURAGE COMMUNITY AND NEIGHBORHOOD RELATIONS. REVENUE USED FOR STREET IMPROVEMENTS, SPONSORSHIP OF LOCAL SCHOOLS...

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SEASONAL WEEKLY FARMERS MARKET FOR LOCAL GROWERS TO SELL THEIR GOODS AND PROMOTE AND ENCOURAGE COMMUNITY AND NEIGHBORHOOD RELATIONS. REVENUE USED FOR STREET IMPROVEMENTS, SPONSORSHIP OF LOCAL SCHOOLS AND COMMUNITY ORGANIZATIONS.

Program 2
Expenses: $156,024 Revenue: $89,282

LOCAL SEASONAL EVENTS: OKTOBERFEST, WINTERFEST, AND PRIDEFEST. EVENT PRODUCTION INCLUDES COLLATERAL MARKETING MATERIALS AND ONSITE PRODUCTION OF THE EVENTSEACH EVENT . ANY ADDITIOANL REVENUE IS USED...

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LOCAL SEASONAL EVENTS: OKTOBERFEST, WINTERFEST, AND PRIDEFEST. EVENT PRODUCTION INCLUDES COLLATERAL MARKETING MATERIALS AND ONSITE PRODUCTION OF THE EVENTSEACH EVENT . ANY ADDITIOANL REVENUE IS USED FOR STREET IMPROVEMENTS AND SPONSORING LOCAL SCHOOLS AND COMMUNITY PROJECTS.

Program 3
Expenses: $28,039 Revenue: $0

ADDITIONAL NEIGHBORHOOD EVENTS ON TWO-THREE BLOCK RADIUS OF SOUTH PEARL STREET INCLUDING FIRST FRIDAY ART WALK, MERCHANT MONDAYS, PASSPORT, MERCHANT MIXERS, HOLIDAY EVENTS AND SMALLER EVENTS TO...

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ADDITIONAL NEIGHBORHOOD EVENTS ON TWO-THREE BLOCK RADIUS OF SOUTH PEARL STREET INCLUDING FIRST FRIDAY ART WALK, MERCHANT MONDAYS, PASSPORT, MERCHANT MIXERS, HOLIDAY EVENTS AND SMALLER EVENTS TO SUPPORT LOCAL SCHOOLS, MERCHANTS, COMMUNITY AND COMMUNITY ORGANIZATIONS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $11,305
Program Service Revenue $704,722
Investment Income $15,913
Other Revenue $0
TOTAL REVENUE $731,940

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $524,677
Other Expenses $590,432
TOTAL EXPENSES $590,432

Year-over-Year Comparison

2023 2022 Change
Revenue $731,940 $566,829 +0.3%
Expenses $590,432 $433,971 +0.4%
Net Income $141,508 $132,858 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
20

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADEN HOLT MEMBER AT LARGE 1.5
Director
$0 $0 $0
MARC LAVOIE MEMBER AT LARGE 1.5
Director
$0 $0 $0
CHRIS LAWYER MEMBER AT LARGE 1.5
Director
$0 $0 $0
NICK AULT MEMBER AT LARGE 1
Director
$0 $0 $0
HEIDI BOWMAN MEMBER AT LARGE 1
Director
$0 $0 $0
MARK CYTRYNBAUM MEMBER AT LARGE 1
Director
$0 $0 $0
JODY FIDLER MEMBER AT LARGE 1.25
Director
$0 $0 $0
MARK GILL PRESIDENT 2
Officer
$0 $0 $0
TOM SCHUMACHER VICE PRESIDENT 1.25
Officer
$0 $0 $0
SAMANTHA SANCHEZ TREASURER 2
Officer
$0 $0 $0
LAURI VER SCHURE SECRETARY 1.25
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $731,940 $590,432 $669,592 $141,508
2022 $566,829 $433,971 $534,814 $132,858
2021 $377,994 $432,347 $223,757 $-54,353
2020 $242,743 $276,591 $278,110 $-33,848
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