NORWALK, CT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE OPEN DOOR SHELTER INC, founded in 1984, is a community nonprofit in the Housing & Shelter sector that reported $7.8M in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.5M, a strong 19% operating margin.
OPEN DOOR SHELTER, INC. STRIVES TO MAKE A DIRECT IMPACT IN THE GREATER NORWALK AREA BY GUIDING EVERY PERSON IN THE CYCLE OF HOMELESSNESS TOWARDS HOUSING STABILITY. WE WILL ACCOMPLISH THIS BY ENGAGING EVERY PERSON AT RISK OF, AND EXPERIENCING, HOMELESSNESS WITH A HOLISTIC SET OF TOOLS AND RESOURCES THAT CAN BE TAILORED TO THEIR INDIVIDUAL NEEDS. THE TOOLS AND RESOURCES PROVIDED WILL BE DIRECTLY MANAGED BY OPEN DOORS AND THROUGH STRATEGIC PARTNERSHIPS.
SHELTERING:OPEN DOORS' SHELTERING PROGRAM PROVIDES EMERGENCY SHELTER AND CASE MANAGEMENT TO HELP INDIVIDUALS AND FAMILIES EXPERIENCING HOMELESSNESS RAPIDLY RETURN TO PERMANENT HOUSING. IN FY25, OUR...
SHELTERING:OPEN DOORS' SHELTERING PROGRAM PROVIDES EMERGENCY SHELTER AND CASE MANAGEMENT TO HELP INDIVIDUALS AND FAMILIES EXPERIENCING HOMELESSNESS RAPIDLY RETURN TO PERMANENT HOUSING. IN FY25, OUR SHELTER SERVED 155 INDIVIDUALS, SUCCESSFULLY HOUSING 76. THROUGH OUR STREET OUTREACH PROGRAM, WE SERVED AN ADDITIONAL 64 INDIVIDUALS, HELPING 31 INDIVIDUALS TRANSITION OFF THE STREETS AND INTO HOUSING.TO FURTHER SUPPORT CLIENT SUCCESS, OPEN DOORS OPERATES THE SOCIAL, A FIVE-DAY-A-WEEK HOUSING READINESS PROGRAM OFFERING WORKSHOPS AND PEER SUPPORT TO IMPROVE TENANTS' SKILLS, COPING ABILITIES, AND COMMUNITY ENGAGEMENT. THIS PROGRAM IS OPEN TO THOSE CURRENTLY OR FORMERLY EXPERIENCING HOMELESSNESS.WE ALSO PROVIDE ACCESS TO ESSENTIAL WRAPAROUND SERVICES THROUGH OUR ONSITE PARTNERS, INCLUDING NORWALK COMMUNITY HEALTH CENTER'S MEDICAL AND BEHAVIORAL HEALTH CLINIC. ADDITIONAL SUPPORT IS OFFERED VIA OUR COMMUNITY CLOSET, WHICH DISTRIBUTED 43,280 ITEMS OF CLOTHING AND HOUSEHOLD GOODS TO 1,812 INDIVIDUALS, AND OUR ON-SITE AFTER SCHOOL PROGRAM, WHICH SERVED 21 CHILDREN WITH HOMEWORK SUPPORT, CRAFTS, AND ENRICHMENT.CLIENTS ALSO BENEFIT FROM ACCESS TO EMPLOYMENT AND FINANCIAL SERVICES THROUGH OUR ECONOMIC OPPORTUNITY HUB.
NUTRITION:MANNA HOUSE & FOOD PANTRYOUR FEEDING PROGRAMS ADDRESS FOOD INSECURITY THROUGH TWO PRIMARY SERVICES:MANNA HOUSE SERVES TWO HOT MEALS DAILY BREAKFAST AND DINNER TO SHELTER RESIDENTS...
NUTRITION:MANNA HOUSE & FOOD PANTRYOUR FEEDING PROGRAMS ADDRESS FOOD INSECURITY THROUGH TWO PRIMARY SERVICES:MANNA HOUSE SERVES TWO HOT MEALS DAILY BREAKFAST AND DINNER TO SHELTER RESIDENTS, AFFORDABLE HOUSING TENANTS, AND THE BROADER COMMUNITY. IN FY25, WE SERVED 105,237 MEALS, A 13.6% INCREASE OVER THE PREVIOUS YEAR. OF THESE, 74,679 MEALS WERE DISTRIBUTED DIRECTLY TO COMMUNITY MEMBERS OUTSIDE OF THOSE EXPERIENCING HOMELESSNESS; 30% WERE DONATED BY MEAL GROUPS, WHILE 70% WERE PREPARED IN-HOUSE.THE PANTRY OPERATES FIVE DAYS A WEEK, OFFERING A WIDE VARIETY OF GROCERIES INCLUDING FRESH PRODUCE, DAIRY, MEATS, AND PANTRY STAPLES. INDIVIDUALS MAY SHOP BI-WEEKLY BY APPOINTMENT. IN FY25, THE PANTRY SERVED 918 INDIVIDUALS, DISTRIBUTING 7,606 GROCERY BAGS, TOTALING OVER 152,000 POUNDS OF FOOD. HOLIDAY BASKETS WERE PROVIDED TO AN AVERAGE OF 185 FAMILIES PER HOLIDAY (THANKSGIVING, CHRISTMAS, EASTER), EACH RECEIVING THE INGREDIENTS FOR A COMPLETE HOLIDAY MEAL.THESE PROGRAMS ARE SUPPORTED BY EXTENSIVE COMMUNITY PARTNERSHIPS, INCLUDING FOOD DRIVES, DONOR GROUPS, LOCAL SUPERMARKETS, AND BUSINESSES LIKE PANERA AND CHICK-FIL-A.
ECONOMIC OPPORTUNITY HUB (EOH):THE ECONOMIC OPPORTUNITY HUB EMPOWERS GREATER NORWALK RESIDENTS WITH LOW INCOMESPARTICULARLY THOSE EXPERIENCING HOUSING INSTABILITYBY PROVIDING ACCESS TO BENEFITS...
ECONOMIC OPPORTUNITY HUB (EOH):THE ECONOMIC OPPORTUNITY HUB EMPOWERS GREATER NORWALK RESIDENTS WITH LOW INCOMESPARTICULARLY THOSE EXPERIENCING HOUSING INSTABILITYBY PROVIDING ACCESS TO BENEFITS, EMPLOYMENT OPPORTUNITIES, AND LONG-TERM FINANCIAL COACHING.IN FY25, THE HUB CONNECTED 262 COMMUNITY MEMBERS TO PUBLIC BENEFITS (E.G., SNAP, HEALTHCARE, ENERGY ASSISTANCE), SUPPORTED EMPLOYMENT THROUGH SOFT SKILLS TRAINING AND JOB PLACEMENT, AND PROVIDED ONE-ON-ONE FINANCIAL COACHING FOCUSED ON BUDGETING, DEBT REDUCTION, SAVINGS, AND CREDIT IMPROVEMENT.KEY ACCOMPLISHMENTS AND PARTNERSHIPS INCLUDE:- EMPLOYMENT & TRAINING: A CERTIFIED NURSING ASSISTANT (CNA) TRAINING PROGRAM WITH WAVENY LIFE NETWORK AND CAREER RESOURCES, INC THAT TRAINED AND EMPLOYED 69 INDIVIDUALS, AND AN ADDITIONAL 66 WERE CONNECTED TO EMPLOYMENT IN THE COMMUNITY.- ADULT EDUCATION: ESL CLASSES (TWICE DAILY, FOUR DAYS A WEEK) AND GED PREP THROUGH STAMFORD ADULT & CONTINUING EDUCATION THAT SERVED 232 COMMUNITY MEMBERS.- DIGITAL ACCESS: FREE VIRTUAL COMPUTER LITERACY COURSES IN PARTNERSHIP WITH CAREER RESOURCES.- FINANCIAL LITERACY: WORKSHOPS IN COLLABORATION WITH LOCAL BANKS, ONE ON ONE COACHING, AND 18 GRADUATES OF THE SAVINGS MATCH PROGRAM, CREATING HOUSEHOLD CRISIS RESPONSE FUNDS. - INCOME BENEFITS/COMMUNITY RESOURCES ACCESS: 137 COMMUNITY MEMBERS WERE ASSESSED FOR ELIGIBILITY AND ASSISTED WITH APPLYING FOR BENEFITS OR ACCESSING COMMUNITY RESOURCES SUCH AS TRANSPORTATION, MEDICA/BEHAVIORAL HEALTH SERVICES, AND CHILD CARE.THESE INTEGRATED SERVICES HELP HOUSEHOLDS STABILIZE, GROW THEIR INCOMES, AND ACHIEVE LONG-TERM FINANCIAL RESILIENCE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $7,847,641 | $6,162,593 | +0.3% |
| Expenses | $6,372,987 | $6,086,292 | +0.0% |
| Net Income | $1,474,654 | $76,301 | +18.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| KERSTEN RIVAS | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN EDENBACH | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| NANCY MEANY | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SETH BIRNBAUM | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| EDDY AGYEMAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| HARSHA BETHI | DIRECTOR, THRU | 1.00 |
Director
|
$0 | $0 | $0 |
| HUGH BOYLE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARTIN A BUCCOLO PHD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| WILLIAM BURNHAM | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LIZA CAREY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SEAN CONK | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARSHA ELBOURN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN F ERDMAN III | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT GENUARIO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| READ HUBBARD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MELORA JOHNSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GREG KAMEDULSKI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| RICK KLEEMAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| NARENDRA MULANI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JODY PROCT | DIRECTOR, THRU | 1.00 |
Director
|
$0 | $0 | $0 |
| CURTIS STEWART | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ALEXANDER TUFF | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| VERNITA TERTULLIEN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHELE CONDERINO | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$216,794 | $24,536 | $241,330 |
| ERIN MCDONOUGH | DIR. OF MKTG & COMM. REL. | 40.00 |
Highest
|
$105,695 | $16,332 | $122,027 |
| KIRILL ELIN | SR. DIR. OF OPERATIONS | 40.00 |
Highest
|
$101,342 | $15,673 | $117,015 |
| ELLEN PECK | DIR. OF DEVELOPMENT | 40.00 |
Highest
|
$101,638 | $17,289 | $118,927 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $7,847,641 | $6,372,987 | $18,985,580 | $1,474,654 |
| 2024 | $6,162,593 | $6,086,292 | $17,403,287 | $76,301 |
| 2023 | $5,401,186 | $4,930,855 | $17,232,108 | $470,331 |
| 2022 | $5,198,802 | $4,238,076 | $17,005,860 | $960,726 |
| 2021 | $5,148,937 | $4,061,442 | $15,936,713 | $1,087,495 |
| 2020 | $4,589,133 | $4,228,325 | $15,399,877 | $360,808 |
| 2019 | $4,860,163 | $4,029,166 | $14,746,004 | $830,997 |
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