OPEN ARMS WORLDWIDE

EIN: 273828248 501(c)(3) International Affairs

STERLING, VA

Total Revenue
$400,995
Total Expenses
$345,851
Total Assets
$335,261
Net Assets
$330,600
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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
VA
Principal Officer
MICHAEL J MEYERS
Phone
5712678062
Tax Period
2023-01-01 to 2023-12-31

OPEN ARMS WORLDWIDE, founded in 2010, is a small nonprofit in the International Affairs sector that reported $264K in total revenue in fiscal year 2019. Revenue surged 44% from the prior year, signaling strong growth momentum. The organization ran a surplus of $88K, a strong 33% operating margin.

Mission

MOBILIZING GOD'S PEOPLE TO BRING HOPE TO AT-RISK CHILDREN AND YOUTH AT HOME AND AROUND THE WORLD. OPEN ARMS WORLDWIDE (OAW) IS A NOT-FOR-PROFIT, CHRISTIAN ORGANIZATION DEDICATED TO THE SPIRITUAL, MORAL, EMOTIONAL, PHYSICAL AND SOCIAL ENRICHMENT OF CHILDREN AND YOUTH WHO LIVE IN UNDER-SERVED OR FORGOTTEN COMMUNITIES AROUND THE WORLD COMMUNITIES WHERE FAMILIES AND CHILDREN ARE AT HIGHER RISK OF BECOMING VICTIMS OF POVERTY, CRIME, VIOLENCE, ADDICTION, ABUSE, AND SOCIAL MARGINALIZATION.2021 WAS THE BEGINNING OF REEMERGENCE FROM PANDEMIC RESTRICTIONS. THE YEAR BEGAN STILL UNDER TIGHT RESTRICTION AND A TIME WHERE OUR PARTNERS SHIFTED AWAY FROM LARGE GROUPS AND TOWARD INDIVIDUAL CARE, MEETING BASIC NEEDS, AND DIGITAL TEACHING MINISTRIES. THE SECOND HALF OF THE YEAR WAS AN EXPLOSION OF ACTIVITY AS THOSE RESTRICTIONS LIFTED. ALL OF OUR NEIGHBORHOOD PROGRAMS WERE QUICKLY BURSTING AT THE SEAMS.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $417,756
Program Service Revenue $0
Investment Income $26
Other Revenue $-16,787
TOTAL REVENUE $400,995

Expense Breakdown

Grants Paid $278,532
Salaries & Benefits $50,904
Fundraising Expenses $0
Program Expenses $278,558
Other Expenses $16,415
TOTAL EXPENSES $345,851

Year-over-Year Comparison

2023 2022 Change
Revenue $400,995 $283,984 +0.4%
Expenses $345,851 $287,300 +0.2%
Net Income $55,144 $-3,316 -17.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
8
Employees
1
Volunteers
50

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
5
$39,600
Total Directors
9
$39,600
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL J MEYERS PRESIDENT/EXECUTIVE DIRECT 25.00
Officer Director
$39,600 $0 $39,600
PAUL LASTOVA CHAIRMAN 1.00
Officer Director
$0 $0 $0
JASON VAN DORSTEN VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
JASON DRAKOPOULOS TREASURER 1.00
Officer Director
$0 $0 $0
WILLIAM PATIENCE SECRETARY 1.00
Officer Director
$0 $0 $0
LAURIE WALLACE BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID KIENDL BOARD MEMBER 1.00
Director
$0 $0 $0
MATTHEW WINDLEY BOARD MEMBER 1.00
Director
$0 $0 $0
SONJA ROBERTS CHIEF DEVELOPMENT OFFICER 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 $400,995 $345,851 $335,261 $55,144
2022 $283,984 $287,300 $279,406 $-3,316
2021 $307,600 $203,696 $271,653 $103,904
2020 $170,404 $149,386 $167,749 $21,018
2019 $264,376 $176,472 $146,731 $87,904
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