OPEN HAND OF FREDERICKSBURG INC (EIN 364564097) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

ROBERT BECKER

Phone

5408344455

Tax Period

2024-01-01 to 2024-10-01

OPEN HAND OF FREDERICKSBURG INC, founded in 2004, is a micro nonprofit that reported $71K in total revenue in fiscal year 2018. The organization ran a surplus of $17K, a strong 23% operating margin.

Mission

OPEN HAND IS A FAITH-BASED 501(C) (3) ORGANIZATION THAT DEVELOPS PARTNERSHIPS WITH AT-RISK YOUTH AGES 14 TO 19, THEIR FAMILIES AND THE COMMUNITY BY PROVIDING NEEDED RESOURCES TO BUILD SKILLS AND CONFIDENCE WHICH CAN LEAD TO A WORTHWHILE LIFE.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $537

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $537

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $12,866

Other Expenses $15,549

TOTAL EXPENSES $15,549

Year-over-Year Comparison

	2023	2022	Change
Revenue	$537	$28,724	-1.0%
Expenses	$15,549	$75,013	-0.8%
Net Income	$-15,012	$-46,289	-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

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
ROBERT BECKER	PRESIDENT	1.00	Officer Director	$0	$0	$0
RICKY JONES	SECRETARY	1.00	Officer Director	$0	$0	$0
PAM PATTON	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT ERDELATZ	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	$537	$15,549	No data	$-15,012
2023	$28,796	$75,013	$15,127	$-46,217
2022	$82,284	$84,108	$62,161	$-1,824
2021	$94,405	$79,916	$66,240	$14,489
2020	$63,905	$52,360	$50,167	$11,545
2019	$59,756	$68,454	$37,320	$-8,698
2018	$71,099	$54,481	$47,338	$16,618

OPEN HAND OF FREDERICKSBURG INC