OPENING DOORS FOR WOMEN IN NEED (EIN 200815148) - 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

2004

Legal Domicile

Phone

8179209326

Tax Period

2024-01-01 to 2024-12-31

OPENING DOORS FOR WOMEN IN NEED, founded in 2004, is a small nonprofit in the Human Services sector that reported $243K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Net assets of $729K represent 36 months of operating reserves.

Mission

Providing temporary transitional reentry resources to women that were recently released from prison jail or substance abuse programs. Mission is to reduce the rate of recidivism homelessness and unemployment which are bearers contributing to most that re-offend.

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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 (2024)

Revenue Breakdown

Contributions & Grants $217,578

Program Service Revenue $21,517

Investment Income $3,535

Other Revenue $0

TOTAL REVENUE $242,630

Expense Breakdown

Grants Paid $0

Salaries & Benefits $148,206

Fundraising Expenses $49,839

Program Expenses $178,997

Other Expenses $110,542

TOTAL EXPENSES $258,748

Year-over-Year Comparison

	2024	2023	Change
Revenue	$242,630	$288,267	-0.2%
Expenses	$258,748	$186,593	+0.4%
Net Income	$-16,118	$101,674	-1.2%

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

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

Total Directors

Key Employees

$94,160

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Drew Slate	Board President	2.00	Director	$0	$0	$0
Myrtle Scott-Boyles	Board Member	2.00	Director	$0	$0	$0
Laverne Campbell	Board Member	2.00	Director	$0	$0	$0
Sonja West	Board Member	2.00	Director	$0	$0	$0
Cathy Johnson	Board Member	2.00	Director	$0	$0	$0
Rene Fowler-Hornbuckle	Board Member	2.00	Director	$0	$0	$0
Sonjia Dickerson	Board Member	2.00	Director	$0	$0	$0
Linda Morgan	Board Member	2.00	Director	$0	$0	$0
Sandra R Stanley	CEO	40.00	Key Emp	$44,160	$0	$44,160
LaCisha Creer	Executive Director	40.00	Key Emp	$50,000	$0	$50,000

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
2025	No data	No data	No data	No data
2024	$242,630	$258,748	$729,241	$-16,118
2023	$288,267	$186,593	$749,358	$101,674
2022	$245,508	$154,766	$643,655	$90,742
2021	$251,266	$175,146	$556,001	$76,120
2020	$201,891	$179,369	$481,727	$22,522

OPENING DOORS FOR WOMEN IN NEED