OPEN HAND ASSOCIATION INC

EIN: 464607518 501(c)(3) Human Services

BRONX, NY

Total Revenue
$251,877
Total Expenses
$280,709
Total Assets
$36,111
Net Assets
$32,111
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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
2014
Legal Domicile
NY
Principal Officer
ALEKSANDER NILAJ
Phone
7189132151
Tax Period
2025-01-01 to 2025-12-31

OPEN HAND ASSOCIATION INC, founded in 2014, is a small nonprofit in the Human Services sector that reported $252K in total revenue in fiscal year 2025. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $281K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO PROVIDE CHARITABLE SERVICES TO THE 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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $251,877
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $251,877

Expense Breakdown

Grants Paid $4,287
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $4,287
Other Expenses $276,422
TOTAL EXPENSES $280,709

Year-over-Year Comparison

2025 2024 Change
Revenue $251,877 $408,449 -0.4%
Expenses $280,709 $352,919 -0.2%
Net Income $-28,832 $55,530 -1.5%
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

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
3
Independent Members
3
Employees
N/A
Volunteers
3

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
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SAIMIR BURGAJ PRESIDENT 25.00
Officer
$0 $0 $0
ALEKSANDER NILAJ FOUNDER 25.00
Officer
$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 $251,877 $280,709 $36,111 $-28,832
2024 $408,449 $352,919 $64,943 $55,530
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