The Open Organisation Of Lockpickers Inc

EIN: 275170594 501(c)(3) Education

Sterling, VA

Total Revenue
$230,663
Total Expenses
$219,830
Total Assets
$27,490
Net Assets
$27,490
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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
2011
Legal Domicile
VA
Principal Officer
hiputooolus
Phone
7035088047
Tax Period
2023-01-01 to 2023-12-31

The Open Organisation Of Lockpickers Inc, founded in 2011, is a small nonprofit in the Education sector that reported $231K in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $220K left a modest 5% surplus.

Mission

TOOOLs primary purpose is to disseminate knowledge, provide training, encourage creative development and skill-building through the study of locks & lock-picking. (The term used to describe this lawful & educational activity is sport-picking)

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,325
Program Service Revenue $227,338
Investment Income $0
Other Revenue $0
TOTAL REVENUE $230,663

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $219,830
Other Expenses $219,830
TOTAL EXPENSES $219,830

Year-over-Year Comparison

2023 2022 Change
Revenue $230,663 $189,375 +0.2%
Expenses $219,830 $228,172 0.0%
Net Income $10,833 $-38,797 -1.3%
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

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

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Governance

Voting Members
5
Independent Members
N/A
Employees
N/A
Volunteers
30

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
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Joshua Henry Director 5.00
Officer
$0 $0 $0
James Plastine Director 5.00
Officer
$0 $0 $0
Amlie Koran Director 5.00
Officer
$0 $0 $0
Matt McHenry Director 5.00
Officer
$0 $0 $0
Daniel Gray Director 5.00
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
2023 $230,663 $219,830 $27,490 $10,833
2022 $189,375 $229,566 $16,657 $-40,191
2021 $125,584 $110,426 $56,849 $15,158
2020 $111,093 $129,032 $47,248 $-17,939
2019 $201,152 $186,214 $100,654 $14,938
2018 $230,479 $230,486 $78,513 $-7
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