OPEN DOOR CHURCH OF GOD IN CHRIST DETROIT (EIN 383587739) - 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

1992

Legal Domicile

Principal Officer

ALAN EVANS

Phone

3132154544

Tax Period

2024-01-01 to 2024-12-31

OPEN DOOR CHURCH OF GOD IN CHRIST DETROIT, founded in 1992, is a community nonprofit in the Religion sector that reported $2.1M in total revenue in fiscal year 2024. Revenue surged 570% from the prior year, signaling strong growth momentum. The organization ran a surplus of $530K, a strong 25% operating margin.

Mission

ODC PROVIDES MINISTRY TO THE TOTAL MAN BY PROVIDING BIBLICAL TEACHING, SOUND INSTRUCTION, AND PRACTICAL APPLICATION FOR DAY-TO-DAY LIFE. ULTIMATELY, PROVIDING MINISTRY ON A DEEPER LEVEL AND COMMUNITY SERVICES THAT DIRECTLY AND INDIRECTLY AFFECT THE CONGREGATION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,107,267

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,107,267

Expense Breakdown

Grants Paid $0

Salaries & Benefits $80,000

Fundraising Expenses $15,000

Program Expenses $1,577,185

Other Expenses $1,497,185

TOTAL EXPENSES $1,577,185

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,107,267	$314,655	+5.7%
Expenses	$1,577,185	N/A	N/A
Net Income	$530,082	$314,655	+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

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

$80,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALAN EVANS	DIRECTOR	040.00	Director	$80,000	$0	$80,000

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	$2,107,267	$1,577,185	$1,197,888	$530,082
2023	$314,655	$363,325	$163,531	$-48,670
2022	$381,705	$409,862	$290,665	$-28,157
2021	$356,342	$504,098	$334,822	$-147,756
2020	$236,926	$214,454	$498,578	$22,472

OPEN DOOR CHURCH OF GOD IN CHRIST DETROIT