OPEN DOORS LOUISIANA INC (EIN 812620437) - 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

2014

Legal Domicile

Principal Officer

STEPHEN BARTLEY

Phone

3377354553

Tax Period

2024-01-01 to 2024-12-31

OPEN DOORS LOUISIANA INC, founded in 2014, is a small nonprofit in the Housing & Shelter sector that reported $526K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $774K exceeded revenue, resulting in a 47% operating deficit.

Mission

TO ECONOMICALLY EMPOWER AND INCREASE THE QUALITY OF LIFE FOR LOW TO MODERATE INCOME INDIVIDUALS AND PRESERVE AFFORDABLE HOUSING BY REVITALIZING COMMUNITIES THROUGH THE CONSTRUCTION AND MANAGEMENT OF MULTI-FAMILY AND SINGLE-FAMILY HOUSING.

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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 $0

Program Service Revenue $526,464

Investment Income $0

Other Revenue $0

TOTAL REVENUE $526,464

Expense Breakdown

Grants Paid $0

Salaries & Benefits $206,306

Fundraising Expenses $0

Program Expenses $549,505

Other Expenses $568,134

TOTAL EXPENSES $774,440

Year-over-Year Comparison

	2024	2023	Change
Revenue	$526,464	$597,384	-0.1%
Expenses	$774,440	$732,836	+0.1%
Net Income	$-247,976	$-135,452	+0.8%

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

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

$21,550

Total Directors

$21,550

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHEN W BARTLEY	EXECUTIVE DIRECTOR	5.00	Officer Director	$21,550	$0	$21,550
LYNEL F WILSON JR	PRESIDENT	1.00	Officer Director	$0	$0	$0
SUZANNE P FOSTER MD	SECRETARY/TREAS	1.00	Officer Director	$0	$0	$0
ALONZO T LEWIS	MEMBER	1.00	Director	$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	$526,464	$774,440	$2,728,745	$-247,976
2023	$597,384	$732,836	$3,993,048	$-135,452
2022	$469,580	$615,455	$3,556,294	$-145,875
2021	$689,071	$950,412	$3,530,610	$-261,341
2020	$454,916	$641,061	$3,335,077	$-186,145
2019	$281,646	$405,569	$3,109,493	$-123,923

OPEN DOORS LOUISIANA INC