Ellicott City, MD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)OPEN DOOR COMMUNITY DEVELOPMENT CORPORATION, founded in 2006, is a small nonprofit that reported $266K in total revenue in fiscal year 2022. Revenue surged 67% from the prior year, signaling strong growth momentum. The organization ran a surplus of $62K, a strong 23% operating margin.
Programs, advocacy, and multi-media communication to stimulate economic and community development by helping inter-generationally impoverished, chronically unemployed, and severely under-employed individuals and families earn a better living via full employment and higher wages. The organization has extensive experience and specialized expertise in working with severely impoverished families, disenfranchised adults, and ex-offenders reentering society. Since 2010, the organization has worked with small-to-large employers on securing and maintaining living-wage jobs for entry-level workers.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $265,512 | $158,841 | +0.7% |
| Expenses | $203,838 | $145,031 | +0.4% |
| Net Income | $61,674 | $13,810 | +3.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| William Simpson | CEO | 60 |
Director
Key Emp
Highest
|
$112,000 | $3,835 | $115,835 |
| Danny Crow | Board Chairman | 8 |
Officer
Director
|
$0 | $0 | $0 |
| Cynthia Flanagan | Secretary | 2 |
Officer
Director
|
$0 | $0 | $0 |
| Libby Moreton | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Gayle Roberts | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $265,512 | $203,838 | $68,659 | $61,674 |
Compare OPEN DOOR COMMUNITY DEVELOPMENT CORPORATION with other nonprofits in Maryland and across the country.