PUTNEY OPEN DOOR FUND

EIN: 030355388 501(c)(3) Housing & Shelter

PUTNEY, VT

Total Revenue
$266,002
Total Expenses
$313,751
Total Assets
$673,087
Net Assets
$673,087
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Legal Domicile
VT
Principal Officer
ERIC WILSON
Phone
3124042612
Tax Period
2024-01-01 to 2024-12-31

PUTNEY OPEN DOOR FUND is a small nonprofit in the Housing & Shelter sector that reported $266K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Expenses of $314K exceeded revenue, resulting in a 18% operating deficit.

Mission

SCHOLARSHIP GRANTS

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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 (2024)

Revenue Breakdown

Contributions & Grants $222,055
Program Service Revenue $0
Investment Income $43,947
Other Revenue $0
TOTAL REVENUE $266,002

Expense Breakdown

Grants Paid $313,521
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $313,521
Other Expenses $230
TOTAL EXPENSES $313,751

Year-over-Year Comparison

2024 2023 Change
Revenue $266,002 $328,484 -0.2%
Expenses $313,751 $338,437 -0.1%
Net Income $-47,749 $-9,953 +3.8%
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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
2
Employees
N/A
Volunteers
N/A

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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN ASHLEY TREASURER N/A
Officer
$0 $0 $0
PATRICE CROMWELL VP N/A
Officer
$0 $0 $0
COREY MODESTE SECRETARY N/A
Officer
$0 $0 $0
ERIC WILSON PRESIDENT N/A
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 $266,002 $313,751 $673,087 $-47,749
2023 $328,484 $338,437 $720,836 $-9,953
2022 $350,343 $133,782 $730,789 $216,561
2021 $338,879 $202,382 $514,228 $136,497
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