Open Hands Legal Services Inc (EIN 134189193) - Form 990 Financial Analysis & Trantor Score

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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

Formation Year

2001

Legal Domicile

Principal Officer

Jonathan Lee

Tax Period

2023-01-01 to 2023-12-31

Open Hands Legal Services Inc, founded in 2001, is a small nonprofit in the Crime & Legal sector that reported $443K in total revenue in fiscal year 2023. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $610K exceeded revenue, resulting in a 38% operating deficit.

Mission

To seek justice and defend the civil rights of the poor by providing free civil legal services to low-income New Yorkers.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $452,759

Program Service Revenue $0

Investment Income $3,107

Other Revenue $-12,660

TOTAL REVENUE $443,206

Expense Breakdown

Grants Paid $0

Salaries & Benefits $528,026

Fundraising Expenses $73,267

Program Expenses $439,469

Other Expenses $82,181

TOTAL EXPENSES $610,207

Year-over-Year Comparison

	2023	2022	Change
Revenue	$443,206	$622,299	-0.3%
Expenses	$610,207	$499,997	+0.2%
Net Income	$-167,001	$122,302	-2.4%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

104

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

$107,981

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Matt Mahoney	Executive Director	40.00	Officer	$104,760	$3,221	$107,981
Christine R DeModna	Legal Director	40.00	Highest	$105,222	$0	$105,222
Richard Chen	Director	1.00	Director	$0	$0	$0
Melody Smith	Director	1.00	Director	$0	$0	$0
Vanessa Holliday	Director	1.00	Director	$0	$0	$0
Tony Telesco	Director	1.00	Director	$0	$0	$0
Elizabeth Leonard	Director	1.00	Director	$0	$0	$0
Crystal P Telesco	Director	1.00	Director	$0	$0	$0
Wallace Larson Sr	Board Chair	2.00	Director	$0	$0	$0
Eric Yoon	Director	1.00	Director	$0	$0	$0
Jonathan Lee	Treasurer	2.00	Officer Director	$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	$443,206	$610,207	$223,179	$-167,001
2022	$622,299	$499,997	$389,680	$122,302
2021	$515,096	$463,001	$334,855	$52,095
2020	$335,906	$439,442	$269,701	$-103,536
2019	$435,577	$401,233	$316,819	$34,344
2018	$406,921	$372,461	$283,560	$34,460

Open Hands Legal Services Inc