OPENDOOR HOUSING FUND

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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

2002

Legal Domicile

Principal Officer

JOHN MCDERMOTT

Phone

3016556343

Tax Period

2020-07-01 to 2021-06-30

Mission

OPENDOOR HOUSING FUND PROMOTES SUSTAINABLE ECONOMIC AND COMMUNITY DEVELOPMENT BY PROVIDING FUNDS FOR HOME OWNERSHIP AND RENTAL HOUSING FOR WORKING FAMILIES AND SPECIAL NEEDS POPULATIONS

Program Service Accomplishments

Program 1

Expenses: $3,504

PROVIDES LOANS TO SUPPORT THE ACQUISITION, REHABILITATION, ONWERSHIP AND OPERATION OF AFFORDABLE RESIDENTIAL HOUSING FOR LOW INCOME PERSONS AND FAMILIES IN THE WASHINGTON DC AREA

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,504

Other Expenses $4,268

TOTAL EXPENSES $4,268

Year-over-Year Comparison

	2020	2019	Change
Revenue	N/A	$38,223	-1.0%
Expenses	$4,268	$40,645	-0.9%
Net Income	N/A	$-2,422	N/A

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SANDRA CARDONA	CHAIRPERSON, ACTING SECRETARY	1.00	Officer Director	$0	$0	$0
JOHN K MCDERMOTT	TREASURER	2.00	Officer Director	$0	$0	$0
JOYCE MOY	VICE CHAIRPERSON	1.00	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
2021	No data	$4,268	$2,228	No data
2020	$38,223	$40,645	$6,496	$-2,422
2019	$11,593	$68,057	$1,118,427	$-56,464