OPEN ARMS LUTHERAN CHILD DEVELOPMENT CENTER INC (EIN 582021623) - 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

1992

Legal Domicile

Principal Officer

KISHA TORRES

Phone

7704756570

Tax Period

2024-01-01 to 2024-12-31

OPEN ARMS LUTHERAN CHILD DEVELOPMENT CENTER INC, founded in 1992, is a community nonprofit in the Education sector that reported $1.7M in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year.

Mission

A LOVING, SAFE, CHRISTIAN ENVIRONMENT WHERE CHILDREN CAN LEARN, GROW, AND HAVE FUN.

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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 $223,658

Program Service Revenue $1,462,768

Investment Income $8,994

Other Revenue $4,187

TOTAL REVENUE $1,699,607

Expense Breakdown

Grants Paid $169,764

Salaries & Benefits $1,054,787

Fundraising Expenses $0

Program Expenses $1,484,668

Other Expenses $485,989

TOTAL EXPENSES $1,710,540

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,699,607	$2,023,643	-0.2%
Expenses	$1,710,540	$1,580,174	+0.1%
Net Income	$-10,933	$443,469	-1.0%

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

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

$61,284

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT MARTIN	PRESIDENT	6.00	Officer Director	$0	$0	$0
CHARLES CALDWELL	TREASURER	7.00	Officer Director	$0	$0	$0
KATHERINE STERLING	SECRETARY	0.50	Officer Director	$0	$0	$0
HOLLLY FINGLER	MEMBER AT LARGE	0.50	Director	$0	$0	$0
VICKI LANE	MEMBER AT LARGE	0.50	Director	$0	$0	$0
JEROME SMITH	MEMBER AT LARGE	0.50	Director	$0	$0	$0
LISA SCHANILEC	MEMBER AT LARGE	0.50	Director	$0	$0	$0
KISHA TORRES	EXECUTIVE DIRECTOR	40.00	Officer	$61,284	$0	$61,284

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
2024	$1,699,607	$1,710,540	$900,405	$-10,933
2023	$2,023,643	$1,580,174	$951,739	$443,469
2022	$1,497,508	$1,326,779	$555,135	$170,729

OPEN ARMS LUTHERAN CHILD DEVELOPMENT CENTER INC