OPEN ARMS TEMPORARY LIVING INC

EIN: 811843957 501(c)(3)

LOS ANGELES, CA

Total Revenue
$3,406,507
Total Expenses
$3,402,744
Total Assets
$4,878
Net Assets
$4,878
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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
2016
Legal Domicile
CA
Phone
3234897571
Tax Period
2024-01-01 to 2024-12-31

OPEN ARMS TEMPORARY LIVING INC, founded in 2016, is a community nonprofit that reported $3.4M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

WE BELIEVE IN HUMANKIND AND THAT THE LOVE FOR OUR COUNTRY AND OUR PEOPLE STARTS HERE AT OPEN ARMS TRANSITIONAL LIVING

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,406,507
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3,406,507

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,365,922
Fundraising Expenses $0
Program Expenses $1,031,802
Other Expenses $2,036,822
TOTAL EXPENSES $3,402,744

Year-over-Year Comparison

2024 2023 Change
Revenue $3,406,507 $3,070,360 +0.1%
Expenses $3,402,744 $2,905,960 +0.2%
Net Income $3,763 $164,400 -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

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Governance

Voting Members
2
Independent Members
N/A
Employees
N/A
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
1
$7,769
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GRIEAY THOMPSON President 40.00
Officer
$7,769 $0 $7,769
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 $3,406,507 $3,402,744 $4,878 $3,763
2023 $3,070,360 $2,905,960 No data $164,400
2022 $3,415,387 $2,458,586 No data $956,801
2021 $741,080 $335,737 No data $405,343
2020 $2,304,298 $1,849,964 No data $454,334
2019 $399,121 $176,098 $443,981 $223,023
2018 $294,353 $294,353 $297,353 No data
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