OPEN OPTIONS INC (EIN 311211402) - 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

1987

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

OPEN OPTIONS INC, founded in 1987, is a community nonprofit in the Human Services sector that reported $1.3M in total revenue in fiscal year 2023. Expenses of $1.6M exceeded revenue, resulting in a 22% operating deficit.

Mission

TO PROVIDE SUPERVISION TO GROUP HOMES FOR RETARDED AND DEVELOPMENTALLY DISABLED ADULTS, PROVIDING A SAFE & ACTIVE ENVIRONMENT

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,285,497

Investment Income $1,262

Other Revenue $31,785

TOTAL REVENUE $1,318,544

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,404,622

Fundraising Expenses $0

Program Expenses $1,331,069

Other Expenses $200,326

TOTAL EXPENSES $1,604,948

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,318,544	N/A	N/A
Expenses	$1,604,948	N/A	N/A
Net Income	$-286,404	N/A	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

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
JENNIFER JOHNSON	BOARD MEMBER	1.00	Director	$0	$0	$0
TOM BAUSMITH	BOARD MEMBER	1.00	Director	$0	$0	$0
ETHEL KILPATRICK	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK EVANS	CO-DIRECTOR	40.00	Director Key Emp	$0	$0	$0
VIRGINIA COMBS	CO-DIRECTOR	40.00	Director Key Emp	$0	$0	$0
MEREDITH GOLDIE	BOARD MEMBER	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	$1,318,544	$1,604,948	$625,414	$-286,404
2022	$1,959,500	$1,733,395	$927,225	$226,105
2021	$1,183,944	$1,450,698	$703,484	$-266,754
2021	$1,184,294	$1,407,169	$698,359	$-222,875
2020	$1,347,516	$1,213,367	$976,730	$134,149
2019	$1,059,411	$1,106,188	$818,087	$-46,777
2018	$1,135,231	$1,126,571	$873,681	$8,660

OPEN OPTIONS INC