OPEN YOUR HEART TO THE HUNGRY AND HOMELESS

EIN: 363488089 501(c)(3)

MINNEAPOLIS, MN

Total Revenue
$662,555
Total Expenses
$768,653
Total Assets
$559,146
Net Assets
$535,065
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
MN
Principal Officer
ROGER HENRY
Phone
6123385577
Tax Period
2024-01-01 to 2024-12-31

OPEN YOUR HEART TO THE HUNGRY AND HOMELESS, founded in 1986, is a small nonprofit that reported $663K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Expenses of $769K exceeded revenue, resulting in a 16% operating deficit.

Mission

SINCE 1986, OPEN YOUR HEART TO THE HUNGRY AND HOMELESS HAS WORKED TO ENSUREEVERY MINNESOTAN IS FREE FROM HUNGER AND HOMELESSNESS. BY PARTNERING WITH ORGANIZATIONS SERVING THOSE IN NEED, WE GROW DONOR ENGAGEMENT AND RAISE AWARENESS TO PROVIDE MINNESOTANS WITH ACCESS TO LIFE'S MOST BASIC NECESSITIES:FOOD, SHELTER, AND SAFETY.

Program Service Accomplishments

Program 1
Expenses: $699,073

IN 2024, OPEN YOUR HEART PROVIDED VITAL SUPPORT TO 73 ORGANIZATIONS DEDICATED TO ADDRESSING FOOD AND HOUSING INSECURITY ACROSS MINNESOTA, WITH 36% SERVING GREATER MINNESOTA. THROUGH OUR SCHOLARSHIP...

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IN 2024, OPEN YOUR HEART PROVIDED VITAL SUPPORT TO 73 ORGANIZATIONS DEDICATED TO ADDRESSING FOOD AND HOUSING INSECURITY ACROSS MINNESOTA, WITH 36% SERVING GREATER MINNESOTA. THROUGH OUR SCHOLARSHIP PROGRAM, WE AWARDED 10 SCHOLARSHIPS TO MINNEAPOLIS COLLEGE STUDENTS WHO WERE CURRENTLY HOMELESS OR HAD EXPERIENCED HOMELESSNESS WITHIN THE PAST TWO YEARS, ENSURING ACCESS TO BOTH EDUCATIONAL OPPORTUNITIES AND ESSENTIAL LIVING EXPENSES.OUR SUMMER CHALLENGE MADE A SUBSTANTIAL DIFFERENCE FOR MINNESOTA FAMILIES FACING FOOD INSECURITY DURING THE CHALLENGING SUMMER MONTHS, ENABLING 153 FOOD SHELVES--61% LOCATED IN GREATER MINNESOTA--TO RESTOCK AND DISTRIBUTE FRESH, NUTRITIOUS FOODS WHEN TRADITIONAL DONATIONS TEND TO DECLINE. ADDITIONALLY, WE LAUNCHED A TARGETED FUNDING INITIATIVE THROUGH A SPECIAL REQUEST FOR PROPOSALS (RFP), AWARDING GRANTS TO 11 EMERGENCY SHELTERS COMMITTED TO PROVIDING IMMEDIATE, EFFECTIVE SOLUTIONS FOR UNSHELTERED MINNESOTANS.BEYOND FINANCIAL ASSISTANCE, OPEN YOUR HEART ACTS AS A CONNECTOR AND ADVOCATE FOR ORGANIZATIONS SERVING INDIVIDUALS EXPERIENCING FOOD AND HOUSING INSECURITY. WE PROVIDE GRANTEES WITH ACCESS TO ADDITIONAL FUNDING, NETWORKING OPPORTUNITIES, AND ESSENTIAL COMMUNITY RESOURCES. BY GATHERING VOLUNTEER AND IN-KIND DONATION NEEDS FROM OUR PARTNERS AND SHARING THEM WIDELY, WE AMPLIFY THEIR IMPACT. EACH WEEK, WE SHOWCASE THE POWERFUL WORK OF OUR GRANT PARTNERS ACROSS MULTIPLE COMMUNICATION CHANNELS, ENSURING THEIR EFFORTS RECEIVE THE VISIBILITY AND RECOGNITION THEY DESERVE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $664,814
Program Service Revenue $0
Investment Income $4,505
Other Revenue $-6,764
TOTAL REVENUE $662,555

Expense Breakdown

Grants Paid $521,739
Salaries & Benefits $189,312
Fundraising Expenses $14,162
Program Expenses $699,073
Other Expenses $57,602
TOTAL EXPENSES $768,653

Year-over-Year Comparison

2024 2023 Change
Revenue $662,555 $759,577 -0.1%
Expenses $768,653 $783,407 0.0%
Net Income $-106,098 $-23,830 +3.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
5
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
5
$115,159
Total Directors
15
$115,159
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JESSICA MATHIAS EXECUTIVE DIRECTOR 40.00
Officer Director
$111,235 $3,924 $115,159
SABRINA YATES PRESIDENT 2.00
Officer Director
$0 $0 $0
MATT TRAYNOR VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
ROGER HENRY TREASURER 2.00
Officer Director
$0 $0 $0
DEANNA ECKHOLM SECRETARY 2.00
Officer Director
$0 $0 $0
JENNIFER SHEDA DIRECTOR 1.00
Director
$0 $0 $0
NICOLE BAILEY DIRECTOR 1.00
Director
$0 $0 $0
KATIE BARRET KRAMER DIRECTOR 1.00
Director
$0 $0 $0
MARY BJORK DIRECTOR 1.00
Director
$0 $0 $0
DONALD GAULT DIRECTOR 1.00
Director
$0 $0 $0
ROBERT GOULD DIRECTOR 1.00
Director
$0 $0 $0
MARY HARTMANN DIRECTOR 1.00
Director
$0 $0 $0
RAHFAT HUSSAIN DIRECTOR 1.00
Director
$0 $0 $0
MIKE SHEPARD DIRECTOR 1.00
Director
$0 $0 $0
MIRIAM STEUART DIRECTOR 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 $662,555 $768,653 $559,146 $-106,098
2023 $759,577 $783,407 $651,583 $-23,830
2022 $711,921 $805,535 $676,340 $-93,614
2021 $772,058 $705,090 $767,674 $66,968
2020 $847,377 $760,005 $705,281 $87,372
2019 $688,949 $712,180 $612,774 $-23,231
2018 $752,998 $789,098 $649,284 $-36,100
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