OPEN ARMS TEMPORARY LIVING INC

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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

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

Program Service Accomplishments

Program 1

Expenses: $1,031,802

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%)

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

Governance

Voting Members

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

$7,769

Total Directors

Key Employees

Highest Compensated

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