OPEN DOOR OF HOPE INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Principal Officer

BETH WATTS

Phone

5026475555

Tax Period

2023-01-01 to 2023-12-31

OPEN DOOR OF HOPE INC, founded in 2009, is a community nonprofit in the Human Services sector that reported $2.3M in total revenue in fiscal year 2023. Revenue surged 305% from the prior year, signaling strong growth momentum. Expenses of $2.0M left a modest 14% surplus.

Mission

AWAKE MINISTRIES' MISSION IS TO HOLISTICALLY EQUIP INDIVIDUALS WITH THE HOPE AND HELP THAT THEY NEED FOR ABUNDANT LIVING.

Program Service Accomplishments

Program 1

Expenses: $435,137

THE ORGANIZATION PROVIDES RESIDENTIAL RECOVERY AND SOBER LIVING HOMES FOR MEN AND WOMEN. OUR RECOVERY PROGRAMMING FOR MEN AND WOMEN INCLUDES SPIRITUAL, EDUCATIONAL, JOB PLACEMENT, AND COMMUNITY...

THE ORGANIZATION PROVIDES RESIDENTIAL RECOVERY AND SOBER LIVING HOMES FOR MEN AND WOMEN. OUR RECOVERY PROGRAMMING FOR MEN AND WOMEN INCLUDES SPIRITUAL, EDUCATIONAL, JOB PLACEMENT, AND COMMUNITY COMPONENTS. ALL SERVICES ARE AT NO COST TO OUR CLIENTS.

Program 2

Expenses: $1,253,897

THE ORGANIZATION PROVIDES FOOD ASSISTANCE TO OVER 9,000 PEOPLE/MONTH IN THE FORM OF DISTRIBUTION THROUGH A PARTNERSHIP WITH DARE TO CARE. THIS SERVICE IS AT NO COST TO RECIPIENTS.

Program 3

THE ORGANIZATION PROVIDES WEEKEND FOOD ASSISTANCE TO 375 IDENTIFIED CHILDREN IN THE PUBLIC SCHOOL SYSTEM THROUGH THE BACKPACK PROJECT. THE SERVICE IS AT NO COST TO RECIPIENTS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,048,000

Program Service Revenue $0

Investment Income $1,931

Other Revenue $233,688

TOTAL REVENUE $2,283,619

Expense Breakdown

Grants Paid $1,253,897

Salaries & Benefits $384,830

Fundraising Expenses $19,307

Program Expenses $1,689,034

Other Expenses $313,847

TOTAL EXPENSES $1,971,881

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,283,619	$564,198	+3.0%
Expenses	$1,971,881	$484,655	+3.1%
Net Income	$311,738	$79,543	+2.9%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BETH WATTS	PRESIDENT	1.00	Officer Director	$0	$0	$0
CAROLE DAVIS	SECRETARY	1.00	Officer Director	$0	$0	$0
JOHNNY PITTMAN	VICE CHAIRMA	1.00	Officer Director	$0	$0	$0
TAMMY THOMAS	TREASURER	1.00	Officer Director	$0	$0	$0
VICKY PORTER	DIRECTOR	1.00	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	$2,283,619	$1,971,881	$1,664,435	$311,738
2022	$564,198	$484,655	$1,359,368	$79,543
2021	$506,861	$432,113	$1,160,952	$74,748
2020	$702,843	$465,556	$1,095,844	$237,287
2019	$738,915	$497,860	$860,139	$241,055
2018	$396,402	$362,275	$625,944	$34,127