ARMS WIDE OPEN COMMUNITY DEVELOPMENT CORPORATION (EIN 582663375) - 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

2001

Legal Domicile

Principal Officer

Kenneth Morris

Phone

4045089141

Tax Period

2023-01-01 to 2023-12-31

ARMS WIDE OPEN COMMUNITY DEVELOPMENT CORPORATION, founded in 2001, is a small nonprofit in the Human Services sector that reported $212K in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring.

Mission

The mission of Arms Wide Open Community Development Corporation is to operate a durable medical equipment loan program whereby used home health equipment such as wheelchairs, bedside commodes, walker, and other walking aides are recycled and placed with the frail elderly and disabled for the purpose of helping them to remain in the community and avoid nursing home placement.

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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 $141,800

Program Service Revenue $67,850

Investment Income $0

Other Revenue $2,050

TOTAL REVENUE $211,700

Expense Breakdown

Grants Paid $154,000

Salaries & Benefits $39,000

Fundraising Expenses $0

Program Expenses $216,000

Other Expenses $17,000

TOTAL EXPENSES $216,000

Year-over-Year Comparison

	2023	2022	Change
Revenue	$211,700	$284,123	-0.3%
Expenses	$216,000	$265,500	-0.2%
Net Income	$-4,300	$18,623	-1.2%

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

N/A

Volunteers

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

$24,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kenneth Morris	Executive Director	40	Key Emp	$24,000	$0	$24,000
Lisa Newman	President	5	Officer	$0	$0	$0
Gwen Bonia	Secretary	5	Officer	$0	$0	$0
Marie Gober	Treasurer	5	Officer	$0	$0	$0
Clara Coleman	At Large	2	Officer	$0	$0	$0
Marcus Luttery	Vice President	3	Officer	$0	$0	$0
Chelsea Brown	At Large	5	Officer	$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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$211,700	$216,000	$265,000	$-4,300
2022	$284,123	$265,500	$269,300	$18,623
2021	$361,797	$354,313	$294,565	$7,484
2020	$405,309	$389,450	$287,081	$15,859

ARMS WIDE OPEN COMMUNITY DEVELOPMENT CORPORATION