OPENING HEAVENS DOOR MINISTRIES INC C/O ALFREDO MALDONADO

EIN: 272219921 501(c)(3)

PROVIDENCE, RI

Total Revenue
$64,061
Total Expenses
$128,629
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
MA
Principal Officer
ALFREDO MALDONADO
Phone
5087629469
Tax Period
2022-01-01 to 2022-12-31

OPENING HEAVENS DOOR MINISTRIES INC C/O ALFREDO MALDONADO, founded in 2011, is a micro nonprofit that reported $64K in total revenue in fiscal year 2022. Revenue fell 52% from the prior year — a significant decline worth monitoring. Expenses of $129K exceeded revenue, resulting in a 101% operating deficit.

Mission

FAITH BASED TRANSITIONAL RE-ENTRY HOUSING FOR PEOPLE SEEKING HEALING FROM DRUG AND ALCOHOL ADDICTION AS WELL AS THOSE RELEASED FROM PRISON AND HOMELESS INDIVIDUALS.

Program Service Accomplishments

Program 1
Expenses: $125,000

TO PROVIDE HOUSING AND TRANSITIONAL SERVICES FOR PEOPLE WHO SEEK HEALING FROM ALCOHOL AND DRUG ADDICTION.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $46,791
Investment Income $17,270
Other Revenue $0
TOTAL REVENUE $64,061

Expense Breakdown

Grants Paid $0
Salaries & Benefits $57,900
Fundraising Expenses $0
Program Expenses $125,000
Other Expenses $70,729
TOTAL EXPENSES $128,629

Year-over-Year Comparison

2022 2021 Change
Revenue $64,061 $134,756 -0.5%
Expenses $128,629 $146,932 -0.1%
Net Income $-64,568 $-12,176 +4.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
2
Employees
N/A
Volunteers
N/A

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
3
$54,900
Total Directors
1
$54,900
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALFREDO MALDONADO EXECUTIVE DI 40.00
Officer Director
$54,900 $0 $54,900
JEFF BRUINSMA SECRETARY N/A
Officer
$0 $0 $0
JEFF BUSBY TREASURER N/A
Officer
$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
2022 $64,061 $128,629 No data $-64,568
2021 $134,756 $146,932 $569,421 $-12,176
2020 $140,405 $166,501 $592,215 $-26,096
2019 $233,398 $157,200 $628,308 $76,198
2018 $163,349 $149,098 $566,594 $14,251
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