WESTLAKE VILLAGE, CA
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)OPEN HEARTS FOUNDATION, founded in 2010, is a small nonprofit in the Youth Development sector that reported $545K in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $89K, a strong 16% operating margin.
THE MISSION OF THE OPEN HEARTS FOUNDATION EMPOWERS EMERGING AND GROWING NONPROFIT ORGANIZATIONS WHOSE ORIGINS AND MISSION ARE CONSISTENT WITH THE PRECEPTS OF THE OPEN HEARTS PHILOSOPHY. THE FOUNDATION ACCELERATES PURPOSE THROUGH ITS GRANT MAKING AND VOLUNTEERISM PROGRAMS CURATING INCREDIBLE OPPORTUNITIES TO ENGAGE HANDS ON WITH PHILANTHROPIC CAUSES.
THE OPEN HEARTS FOUNDATION MADE INVESTMENTS THROUGH ITS GRANTMAKING PROGRAM IN ALIGNMENT WITH ITS OPEN HEARTS PHILOSOPHY, WHICH IS INSPIRED BY JANE SEYMOUR'S MOTHER, MIEKE FRANKENBERG. THIS...
THE OPEN HEARTS FOUNDATION MADE INVESTMENTS THROUGH ITS GRANTMAKING PROGRAM IN ALIGNMENT WITH ITS OPEN HEARTS PHILOSOPHY, WHICH IS INSPIRED BY JANE SEYMOUR'S MOTHER, MIEKE FRANKENBERG. THIS PHILOSOPHY DRIVES THE FOUNDATION'S MISSION FORWARD AND ITS GRANT CYCLE FUNDED $250,000 TO CHARITIES ACROSS THE UNITED STATES. THE FOUNDATION HAS FOCUSED THESE GRANT INVESTMENTS PRIMARILY TO SUPPORT SMALL, EMERGING CHARITIES WITH BUDGETS OF LESS THAN A MILLION DOLLARS. THROUGH THE FOUNDATION'S EXTENSIVE INTERNAL VETTING PROCESS, 19 CHARITIES RECEIVED GRANTS TO SUPPORT THEIR LIFESAVING PROGRAMS AND SERVICES IN ARIZONA, CALIFORNIA, FLORIDA, GEORGIA, NEBRASKA, NEW HAMPSHIRE, OKLAHOMA, PENNSYLVANIA, TEXAS, AND VIRGINIA. THESE CHARITIES SERVE HIGH RISK COMMUNITIES IN NEED OF FOOD, CLOTHING, HYGIENE KITS, MEDICAL SERVICES, MENTAL HEALTH RESOURCES, AND WORKPLACE READINESS PROGRAMS SO THAT CHILDREN AND FAMILIES CAN CONTINUE TO THRIVE. AS PART OF THE GRANTMAKING PROGRAM, THE FOUNDATION SHARES THE MISSION OF EACH FUNDED CHARITY WITH ITS GLOBAL FAMILY OF DONORS AND VOLUNTEERS. ADDITIONALLY, ABOUT HALF OF THE CHARITIES LEVERAGE THE FOUNDATION'S GRANT AS A MATCHING GRANT AND RAISE DOUBLE OR TRIPLE THE FOUNDATION'S GRANT. SOLIDARITY SANDY SPRINGS, FOR EXAMPLE, RECEIVED A $12,000 MATCHING GRANT WHICH INSPIRED THEIR COMMUNITY OF DONORS TO RAISE A TOTAL OF $88,257 FOR THEIR HUNGER RELIEF PROGRAMS IN GEORGIA.
VOLUNTEERISM IS A CRITCAL CORE INTIATIVE OF THE OPEN HEARTS FOUNDATION BECAUSE WE BELIEVE WE ALL CAN DO SOMETHING TO HELP OTHERS. INSPIRING VOLUNTEERISM AND HOSTING VOLUNTEER EXPERIENCES ARE CORE...
VOLUNTEERISM IS A CRITCAL CORE INTIATIVE OF THE OPEN HEARTS FOUNDATION BECAUSE WE BELIEVE WE ALL CAN DO SOMETHING TO HELP OTHERS. INSPIRING VOLUNTEERISM AND HOSTING VOLUNTEER EXPERIENCES ARE CORE STRATEGIES TO THIS PROGRAM. SINCE THE PROGRAM LAUNCHED IN 2018, THE FOUNDATION HAS HOSTED MANY VIRTUAL AND IN-PERSON VOLUNTEER EXPERIENCES THAT HAS ENGAGED A GLOBAL COMMUNITY OF VOLUNTEERS. IN 2023, THE FOUNDATION LAUNCHED ITS VOLUNTEER BLOG WITH THE GOALS TO INSPIRE VOLUNTEERISM THROUGH INTERVIEWS, PROVIDE RESOURCES TO HELP A PERSON BEGIN OR STRENGTHEN THEIR VOLUNTEER GOALS AND TO EMPOWER OUR CHARITY PARTNERS WITH OUR VOLUNTEER FAMILY TO HELP THEM REACH THEIR GOALS. THE VOLUNTEER BLOG WAS LAUNCHED IN APRIL DURING NATIONAL VOLUNTEER WEEK IN APRIL AND WE MADE A CALL TO ACTION TO OUR VOLUNTEERS ACROSS THE WORLD TO SEE WHAT THEY CAN DO TO HELP CLEAN UP THEIR LOCAL NEIGHBORHOODS. LOCALLY, THE FOUNDATION JOINED BALLONA CREEK RENAISSANCE DURING THEIR EARTH DAY CLEAN UP OF THE BALLONA CREEK. IN NOVEMBER ON FAMILY VOLUNTEER DAY, THE FOUNDATION HOSTED A PILOT INITIATIVE WHERE WE COORDINATED VOLUNTEERS TO SUPPORT LOCAL FOOD BANKS AND WE PARTNERED WITH TWO OF OUR CHARITY PARTNERS IN SUPPORT OF THEIR LOCAL FOOD PANTRY. THE FOUNDATION HOSTED OVER A DOZEN VOLUNTEERS LOCALLY AT MANNA CONEJO VALLEY IN CONEJO VALLEY, CALIFORNIA AND A FEW DONORS SUPPORTING SOLIDARITY SANDY SPRINGS IN GEORGIA. ADDITIONALLY, VOLUNTEERS ACROSS THE WORLD SHARED HOW THEY SUPPORT FOOD HUNGER IN THEIR COMMUNITIES VIA SOCIAL MEDIA.
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%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $545,068 | $424,897 | +0.3% |
| Expenses | $456,087 | $383,562 | +0.2% |
| Net Income | $88,981 | $41,335 | +1.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| TIM MALLAD | CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL DESTEFANO | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JULIE GALLO VANDER WALL | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JANE SEYMOUR | CO-FOUNDER / BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RICH GOLD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JANE INCH | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARK EBLING | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TRENA PITCHFORD | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$113,416 | $0 | $113,416 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $545,068 | $456,087 | $560,972 | $88,981 |
| 2022 | $424,897 | $383,562 | $471,991 | $41,335 |
| 2021 | $373,217 | $324,004 | $430,656 | $49,213 |
| 2020 | $530,248 | $543,321 | $381,443 | $-13,073 |
| 2019 | $458,493 | $394,625 | $413,679 | $63,868 |
| 2018 | $533,803 | $369,672 | $365,028 | $164,131 |
Compare OPEN HEARTS FOUNDATION with other nonprofits in California and across the country.