OPEN DOOR CHRISTIAN CENTER

EIN: 522211189 501(c)(3) Religion

OWINGS MILLS, MD

Total Revenue
$58,504
Total Expenses
$67,480
Total Assets
$21,527
Net Assets
$21,527
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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
1999
Legal Domicile
MD
Principal Officer
GRACE OLUYEMISI OLALEYE
Phone
4106559716
Tax Period
2023-01-01 to 2023-12-31

OPEN DOOR CHRISTIAN CENTER, founded in 1999, is a micro nonprofit in the Religion sector that reported $59K in total revenue in fiscal year 2023. Revenue surged 48% from the prior year, signaling strong growth momentum. Expenses of $67K exceeded revenue, resulting in a 15% operating deficit.

Mission

MISSIONARY

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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 $0
Program Service Revenue $0
Investment Income $0
Other Revenue $58,504
TOTAL REVENUE $58,504

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $67,480
Other Expenses $67,480
TOTAL EXPENSES $67,480

Year-over-Year Comparison

2023 2022 Change
Revenue $58,504 $39,658 +0.5%
Expenses $67,480 $44,635 +0.5%
Net Income $-8,976 $-4,977 +0.8%
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
7
Independent Members
4
Employees
N/A
Volunteers
N/A

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GRACE O OLALEYE PASTOR 60
Officer Highest
$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
2023 $58,504 $67,480 $21,527 $-8,976
2022 $39,658 $44,635 $32,832 $-4,977
2021 $83,471 $66,517 $319,532 $16,954
2020 $86,918 $89,979 $321,406 $-3,061
2019 $81,659 $87,442 $311,263 $-5,783
2018 $81,538 $98,769 $309,072 $-17,231
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