OPEN ARMS COMMUNITY OF EL PASO (EIN 742220069) - 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

1981

Legal Domicile

Principal Officer

HANS SASSANFELD

Tax Period

2023-01-01 to 2023-12-31

OPEN ARMS COMMUNITY OF EL PASO, founded in 1981, is a small nonprofit that reported $118K in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $157K exceeded revenue, resulting in a 33% operating deficit.

Mission

PERSONAL EVANGELIZATION, BIBLE STUDY, PRAYER COUNSELING; CHARITABLE HELP FOR NEEDY, DISTRIBUTE FOOD, CLOTHING AND USED FURNITURE.

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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 $103,136

Program Service Revenue $0

Investment Income $0

Other Revenue $14,592

TOTAL REVENUE $117,728

Expense Breakdown

Grants Paid $0

Salaries & Benefits $31,404

Fundraising Expenses $1,444

Program Expenses $135,332

Other Expenses $124,748

TOTAL EXPENSES $156,552

Year-over-Year Comparison

	2023	2022	Change
Revenue	$117,728	$88,615	+0.3%
Expenses	$156,552	$142,497	+0.1%
Net Income	$-38,824	$-53,882	-0.3%

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

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
JOANNE D IVEY	Vice President	30.00	Officer Director	$0	$0	$0
MARY ANN CHACON	Secretary	30.00	Officer Director	$0	$0	$0
ALICIA PENNELL	Treasurer	30.00	Officer Director	$0	$0	$0
JEROME BLAINE	Director	15.00	Director	$0	$0	$0
HANS SASSANFELD	President	15.00	Director	$0	$0	$0
ABRAHAM CASTRO	Director	2.00	Director	$0	$0	$0
NORANNE BLAINE	Director	10.00	Director	$0	$0	$0
GLORIA E WILLIAMS	ADMINISTRATOR	30.00		$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	$117,728	$156,552	$1,011,936	$-38,824
2022	$88,615	$142,497	$1,050,762	$-53,882
2021	$134,195	$130,479	$1,104,528	$3,716
2020	$111,462	$112,405	$1,100,812	$-943
2019	$129,815	$132,944	$1,133,724	$-3,129
2018	$232,543	$127,737	$1,164,662	$104,806

OPEN ARMS COMMUNITY OF EL PASO