EDUCATION OPENS DOORS INC

EIN: 460781846 501(c)(3)

DALLAS, TX

Total Revenue
$1,202,702
Total Expenses
$1,644,624
Total Assets
$856,753
Net Assets
$856,348
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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
2012
Legal Domicile
TX
Principal Officer
JEANNIE STONE
Phone
6053818301
Tax Period
2023-07-01 to 2024-06-30

EDUCATION OPENS DOORS INC, founded in 2012, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2023. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $1.6M exceeded revenue, resulting in a 37% operating deficit.

Mission

The mission of Education Opens Doors (EOD) is to activate all students to determine and pursue an informed future. Our vision is a world without barriers to post-secondary success, where all students have a clear pathway to fulfilled potential. We work to increase awareness of college and career pathways and equal opportunities for all students, promoting an equitable future.EOD addresses the non-academic barriers that students face on their path to postsecondary success through each facet of our program package. We provide a research-driven student manual, aligned curriculum, customized in-classroom teacher support, and data analysis. We collaborate with schools and organizations, collectively impacting students. Ultimately, the Roadmap to Success program aims to improve graduation rates and increase postsecondary enrollment and completion for all students, setting them on the path to college and career success. Serving schools and partners across Texas and beyond, we prioritize middl

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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 (2023)

Revenue Breakdown

Contributions & Grants $484,070
Program Service Revenue $671,715
Investment Income $46,917
Other Revenue $0
TOTAL REVENUE $1,202,702

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,306,387
Fundraising Expenses $116,009
Program Expenses $1,318,999
Other Expenses $338,237
TOTAL EXPENSES $1,644,624

Year-over-Year Comparison

2023 2022 Change
Revenue $1,202,702 $1,582,698 -0.2%
Expenses $1,644,624 $2,038,540 -0.2%
Net Income $-441,922 $-455,842 0.0%
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

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Governance

Voting Members
5
Independent Members
5
Employees
21
Volunteers
5

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
2
$176,077
Total Directors
6
$176,077
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROSCOE COMPTON-KELLY CEO-PARTIAL YR 40.00
Officer Director
$167,475 $8,602 $176,077
JEANNIE STONE INT CEO/Direct 1.00
Officer Director
$0 $0 $0
STACEY LAWRENCE Director 1.00
Director
$0 $0 $0
FRANK HERNANDEZ Director 1.00
Director
$0 $0 $0
DREXELL OWUSU Director 1.00
Director
$0 $0 $0
ERIC BAN 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 $95,913 $62,521 No data $33,392
2024 $1,202,702 $1,644,624 $856,753 $-441,922
2023 $1,582,698 $2,038,540 $1,418,422 $-455,842
2022 $2,711,968 $2,836,434 $1,896,248 $-124,466
2021 $2,865,984 $2,356,761 $1,910,954 $509,223
2020 $1,768,543 $1,751,533 $1,582,152 $17,010
2019 $1,873,239 $1,382,471 $1,354,823 $490,768
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