Open Arms Lutheran Child Dev Center of Buckhead Inc (EIN 582106669) - 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

1993

Legal Domicile

Principal Officer

Rebekah Beckman

Phone

4042561330

Tax Period

2023-01-01 to 2023-12-31

Open Arms Lutheran Child Dev Center of Buckhead Inc, founded in 1993, is a community nonprofit in the Human Services sector that reported $2.0M in total revenue in fiscal year 2023. The organization ran a surplus of $412K, a strong 21% operating margin.

Mission

A nonprofit ministry of The Lutheran Church of the Ascention providing a childcare program of Christian nurture designed to meet the needs of working parents.

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,207

Program Service Revenue $1,974,589

Investment Income $898

Other Revenue $0

TOTAL REVENUE $1,978,694

Expense Breakdown

Grants Paid $0

Salaries & Benefits $871,879

Fundraising Expenses $0

Program Expenses $1,138,958

Other Expenses $695,236

TOTAL EXPENSES $1,567,115

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,978,694	$1,867,096	+0.1%
Expenses	$1,567,115	$1,505,365	+0.0%
Net Income	$411,579	$361,731	+0.1%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rebakah Beckman	President	1.00	Officer Director	$0	$0	$0
Isaac Beckman	Secretary	1.00	Officer Director	$0	$0	$0
Mark Saldana	Director	1.00	Director	$0	$0	$0
Gregory Ison	Treasurer	1.00	Officer Director	$0	$0	$0
Darlene Beckman	Director	1.00	Director	$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
2024	No data	No data	No data	No data
2023	$1,978,694	$1,567,115	$917,140	$411,579
2022	$1,867,096	$1,505,365	$505,711	$361,731
2021	$1,629,577	$1,333,507	$227,780	$296,070
2020	$1,039,539	$1,151,223	$63,726	$-111,684
2019	$1,249,753	$1,202,188	$84,294	$47,565
2018	$1,071,230	$1,067,646	$44,207	$3,584

Open Arms Lutheran Child Dev Center of Buckhead Inc