OPEN ARMS CHRISTIAN MINISTRIES INC (EIN 351614662) - 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

1984

Legal Domicile

Principal Officer

MARTIN E COREY

Phone

8126592533

Tax Period

2023-01-01 to 2023-12-31

OPEN ARMS CHRISTIAN MINISTRIES INC, founded in 1984, is a community nonprofit in the Human Services sector that reported $2.4M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $2.2M left a modest 9% surplus.

Mission

PROVIDE CHRISTIAN CARE TO EMOTIONAL DISTURBED, NEGLECTED, OR ORPHANED CHILDREN IN NEED.

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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 $379,730

Program Service Revenue $1,975,510

Investment Income $6,489

Other Revenue $0

TOTAL REVENUE $2,361,729

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,143,992

Fundraising Expenses $0

Program Expenses $2,156,987

Other Expenses $1,012,995

TOTAL EXPENSES $2,156,987

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,361,729	$1,988,250	+0.2%
Expenses	$2,156,987	$1,854,298	+0.2%
Net Income	$204,742	$133,952	+0.5%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE CAMPBELL	VICE PRESIDENT	1.00	Director	$0	$0	$0
RHENA CRANE	PRESIDENT	1.00	Director	$0	$0	$0
CHARLENE LEE	MEMBER AT LARGE	1.00	Director	$0	$0	$0
JIM CRANE	TREASURER	1.00	Director	$0	$0	$0
BRENDA HUGHES	MEMBER AT LARGE	1.00	Director	$0	$0	$0
ROBIN LENGACHER	MEMBER AT LARGE	1.00	Director	$0	$0	$0
JIMMY JOHNSON	MEMBER AT LARGE	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	$2,361,729	$2,156,987	$1,637,510	$204,742
2022	$1,988,250	$1,854,298	$1,487,579	$133,952
2021	$2,370,010	$2,383,322	$1,411,585	$-13,312
2020	$2,379,296	$2,584,862	$1,450,359	$-205,566
2019	$2,130,908	$2,298,669	$1,416,499	$-167,761
2018	$2,180,430	$1,890,257	$1,307,804	$290,173

OPEN ARMS CHRISTIAN MINISTRIES INC