The Open Door NJNY Inc (EIN 272635901) - 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

2010

Legal Domicile

Tax Period

2024-09-01 to 2025-08-31

The Open Door NJNY Inc, founded in 2010, is a small nonprofit in the Education sector that reported $472K in total revenue in fiscal year 2024. The organization ran a surplus of $84K, a strong 18% operating margin.

Mission

The Open Door NJNY empowers marginalized populations to reach their full potential and successfully integrate, participate and contribute to their mainstream society with an end goal of strengthening their families.

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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 $469,472

Program Service Revenue $0

Investment Income $2,734

Other Revenue $0

TOTAL REVENUE $472,206

Expense Breakdown

Grants Paid $0

Salaries & Benefits $266,379

Fundraising Expenses $43,683

Program Expenses $292,249

Other Expenses $121,751

TOTAL EXPENSES $388,130

Year-over-Year Comparison

	2024	2023	Change
Revenue	$472,206	$442,305	+0.1%
Expenses	$388,130	$433,579	-0.1%
Net Income	$84,076	$8,726	+8.6%

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

300

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
Caroline Grosshans	Board Member	1.00	Director	$0	$0	$0
Hak Sung	Board Member	1.00	Director	$0	$0	$0
Hannah Laskey	Board Member	1.00	Director	$0	$0	$0
Gabe Naranjo	Board Member	1.00	Director	$0	$0	$0
Travis Tinney	Board Member	3.00	Director	$0	$0	$0
Darren Schuringa	Board Member	1.00	Director	$0	$0	$0
Michelle Estonillo	Board Member	1.00	Director	$0	$0	$0
Jennifer Fiset	Board Member	1.00	Director	$0	$0	$0
Luis Iza	Chairman	20.00	Officer 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
2025	$472,206	$388,130	$423,356	$84,076
2024	$442,305	$433,579	$363,920	$8,726
2023	$340,419	$420,061	$400,506	$-79,642
2022	$367,773	$372,947	$357,668	$-5,174
2021	$413,606	$251,866	$358,873	$161,740
2020	$248,970	$246,183	$256,911	$2,787
2019	$219,038	$198,686	$162,918	$20,352
2018	$159,486	$156,225	$142,677	$3,261

The Open Door NJNY Inc