Open Door Ministry Inc (EIN 341555495) - 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

1986

Legal Domicile

Principal Officer

Patrick Mills

Tax Period

2023-01-01 to 2023-12-31

Open Door Ministry Inc, founded in 1986, is a small nonprofit that reported $244K in total revenue in fiscal year 2023. Net assets of $656K represent 32 months of operating reserves.

Mission

Sober living residence. The Open Door provides supportive sober living where men recover from alcohol and substance abuse through the spirituality of the 12 steps, and can ultimately return to productive and sober lives.

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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 $188,205

Program Service Revenue $21,384

Investment Income $34,484

Other Revenue $0

TOTAL REVENUE $244,073

Expense Breakdown

Grants Paid $0

Salaries & Benefits $137,039

Fundraising Expenses $0

Program Expenses $251,940

Other Expenses $114,901

TOTAL EXPENSES $251,940

Year-over-Year Comparison

	2023	2022	Change
Revenue	$244,073	$230,716	+0.1%
Expenses	$251,940	$253,320	0.0%
Net Income	$-7,867	$-22,604	-0.7%

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

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	Role	Reportable Comp	Other Comp	Total
Patrick Mills	Board Chair	Officer	$0	$0	$0
Mike Bugert	Treasurer	Officer	$0	$0	$0
Valerie Pitzen	Secretary	Officer	$0	$0	$0
Joe Pacer	Vice Chair	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
2024	No data	No data	No data	No data
2023	$244,073	$251,940	$655,849	$-7,867
2022	$230,716	$253,320	$665,725	$-22,604
2021	$253,410	$220,021	$686,000	$33,389
2020	$323,651	$224,683	$652,611	$98,968

Open Door Ministry Inc