Litchfield Park, AZ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)OPEN ARMS HOME FOR CHILDREN INC, founded in 2005, is a community nonprofit in the Human Services sector that reported $1.2M in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year. The organization ran a surplus of $287K, a strong 25% operating margin.
Open Arms Home for Children provides residential resources and education to children and young adults raised at Open Arms who are victims of the AIDS pandemic in South Africa or other tragic circumstances that caused them to become homeless. They are provided with daily needs of food clothing and shelter in a loving and caring environment. Education is pre-school through high school plus vocational training or college for those who have obtained their majority but are not yet ready to live independently. This is not an adoption agency it is a forever home for these children. The agency cared for 60 children at December 31.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,170,500 | $1,342,574 | -0.1% |
| Expenses | $883,358 | $933,708 | -0.1% |
| Net Income | $287,142 | $408,866 | -0.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Thomas Freese | Board Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| David Horan | Board Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Samantha Nordlund | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Julie O'Leary | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Ann Parsons | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Kevin Rahill | board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Steve Slaughter | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Robert Solis | Board President | 15.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jeffery Towery | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Dale Zeh Jr | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,170,500 | $883,358 | $3,087,417 | $287,142 |
| 2022 | $1,342,574 | $933,708 | $2,959,960 | $408,866 |
| 2021 | $1,254,607 | $873,683 | $2,637,965 | $380,924 |
| 2020 | $1,140,555 | $713,986 | $2,124,741 | $426,569 |
Compare OPEN ARMS HOME FOR CHILDREN INC with other nonprofits in Arizona and across the country.