Washington, DC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Open Arms Housing Inc, founded in 1997, is a community nonprofit in the Human Services sector that reported $2.2M in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year.
Open Arms Housings (OAH) mission is to provide permanent homes and ongoing support to women experiencing homelessness. Special care is taken to provide comprehensive mental health support to OAH clients.
For clients under the scattered site PSHP, OAH case managers provide intensive mobile case management. All supportive services include supportive counseling, crisis intervention, financial management...
For clients under the scattered site PSHP, OAH case managers provide intensive mobile case management. All supportive services include supportive counseling, crisis intervention, financial management and assistance in receiving public benefits and referrals to resources and/or programs. OAH also connects residents with off-site services that include mental health and assertive community treatment, alcohol and drug abuse counseling, employment counseling, day programs, volunteer opportunities, self-help groups, medical treatment, and food pantries. The scattered site PSHP program has extended to service families and increased our ability to provide service. As a result, Open Arms Housing has increased those numbers of chronic homeless women and families being served in the District of Columbia. Through our innovative service model of delivering services, we now currently provie housing to over 350 women and families across the District.
TheDunbarwasthefirstfemaleonlysinglesitepermanentsupportivehousing(PSH)projectforwomenunaccompaniedbychildren.TheDunbar...
TheDunbarwasthefirstfemaleonlysinglesitepermanentsupportivehousing(PSH)projectforwomenunaccompaniedbychildren.TheDunbar beganhousingresidentsintheFallof2009.Eachwomanhasherownefficiencyapartmentwithafullkitchenandbathroom.Thebuildinghasthreewheelchair accessibleunits,andacommunityroomwithsharedphones,television,computers,andspaceformeetingsandget togethers.Theavailabilityofanonsite certifiedPeerSpecialistandCaseManagerswithwhomclientscanconsult,arrangebenefits,andrequestaccesstomobiletreatmentteams,helpstoensure accessibilitytosupportiveservicesatalevelandpacedeterminedbytheresidents.OAH has maintained a 95 percent success rate of housing stability for residents remaining in safe, secure, permanent housing and not returning to homelessness.
Open Arms Housings second building, Owen Place, opened in the Fall of 2015 in the Trinidad neighborhood. Owen Place includes four one-bedroom apartments. From its conception, Open Arms has stressed...
Open Arms Housings second building, Owen Place, opened in the Fall of 2015 in the Trinidad neighborhood. Owen Place includes four one-bedroom apartments. From its conception, Open Arms has stressed the provision of quality living spaces with full bath and kitchen for each resident; shared common space; customization of units to meet the special mobility and other needs of residents; a safe and secure building to call home; and effective property management that keeps each unit a healthy and responsive place to live.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $2,233,473 | $2,413,763 | -0.1% |
| Expenses | $2,310,971 | $2,606,638 | -0.1% |
| Net Income | $-77,498 | $-192,875 | -0.6% |
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 |
|---|---|---|---|---|---|---|
| Arthur Cutler | President & CEO | 40.00 |
Officer
|
$130,804 | $2,366 | $133,170 |
| Shellon Fraser | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Sarah Dougan | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Ilana Boivie | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Aaron Davis | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Mitch Greenstein | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Anglea Gasperini | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Michelle Durham | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Paul Dornan | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Joshua Erlich | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Daniel Mauer | Treasurer | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Edgar Ndjatou | Chair | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| Sharon McDonald | Secretary | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $2,233,473 | $2,310,971 | $3,375,405 | $-77,498 |
| 2023 | $2,413,763 | $2,606,638 | $2,892,073 | $-192,875 |
| 2022 | $2,558,388 | $2,622,347 | $3,125,840 | $-63,959 |
| 2021 | $1,588,631 | $1,422,625 | $3,152,332 | $166,006 |
| 2020 | $1,270,842 | $1,135,446 | $3,011,336 | $135,396 |
| 2019 | $1,011,905 | $1,073,524 | $2,899,882 | $-61,619 |
| 2018 | $881,458 | $993,073 | $2,977,236 | $-111,615 |
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