OPEN ARMS VILLAGE INC (EIN 462321723) - 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

2013

Principal Officer

MARK IMES

Phone

3523046229

Tax Period

2024-01-01 to 2024-12-31

OPEN ARMS VILLAGE INC, founded in 2013, is a small nonprofit in the Housing & Shelter sector that reported $352K in total revenue in fiscal year 2024. Revenue surged 43% from the prior year, signaling strong growth momentum. Expenses of $444K exceeded revenue, resulting in a 26% operating deficit.

Mission

OUR MISSION IS TO COMBAT HOMELESSNESS BY PROVIDING HOUSING TO MEN AND WOMEN IN NEED AND SUPPORTIVE SERVICES TO EQUIP THEM TO BECOME INDEPENDENT, PRODUCTIVE MEMBERS OF OUR COMMUNITY.

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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 $293,327

Program Service Revenue $0

Investment Income $0

Other Revenue $58,571

TOTAL REVENUE $351,898

Expense Breakdown

Grants Paid $0

Salaries & Benefits $110,101

Fundraising Expenses $0

Program Expenses $201,585

Other Expenses $334,258

TOTAL EXPENSES $444,359

Year-over-Year Comparison

	2024	2023	Change
Revenue	$351,898	$246,472	+0.4%
Expenses	$444,359	$373,289	+0.2%
Net Income	$-92,461	$-126,817	-0.3%

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
JILL BECK	EXECUTIVE DI	0.50	Director	$0	$0	$0
JUNE EDWARDS	BOARD MEMBER	0.25	Director	$0	$0	$0
ROBERT GADSON	BOARD MEMBER	0.25	Director	$0	$0	$0
KARLA GRIMSLEY-GREENWAY	BOARD MEMBER	0.25	Director	$0	$0	$0
KENT GUINN	BOARD MEMBER	0.25	Director	$0	$0	$0
MARK IMES	PRESIDENT	1.50	Officer Director	$0	$0	$0
SUSIE KUHN	BOARD MEMBER	1.75	Director	$0	$0	$0
VICTOR MUSLEH	TREASURER	0.25	Director	$0	$0	$0
HARVEY VANDEVEN	BOARD MEMBER	0.75	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
2025	No data	No data	No data	No data
2024	$351,898	$444,359	$533,037	$-92,461
2023	No data	No data	No data	No data
2022	$871,512	$332,503	$729,773	$539,009
2021	$204,027	$225,109	$186,244	$-21,082
2020	$312,505	$209,530	$204,818	$102,975
2019	$172,878	$204,763	$137,126	$-31,885
2018	$212,743	$186,551	$156,069	$26,192

OPEN ARMS VILLAGE INC