OPEN DOOR MINISTRIES OF HIGH POINT FOUNDATION INC (EIN 812890842) - 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

2016

Legal Domicile

Principal Officer

BARBARA B COUGHLIN

Phone

3364146350

Tax Period

2024-01-01 to 2024-12-31

OPEN DOOR MINISTRIES OF HIGH POINT FOUNDATION INC, founded in 2016, is a small nonprofit in the Religion sector that reported $422K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $193K, a strong 46% operating margin.

Mission

THE FOUNDATION'S PRIMARY PURPOSE IS TO RAISE FUNDS FOR THE BENEFIT OF OPEN DOOR MINISTRIES OF HIGH POINT, INC., A 501(C)(3) NONPROFIT CORPORATION.

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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 $242,141

Program Service Revenue $0

Investment Income $179,751

Other Revenue $0

TOTAL REVENUE $421,892

Expense Breakdown

Grants Paid $200,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $200,000

Other Expenses $29,026

TOTAL EXPENSES $229,026

Year-over-Year Comparison

	2024	2023	Change
Revenue	$421,892	$454,937	-0.1%
Expenses	$229,026	$225,392	+0.0%
Net Income	$192,866	$229,545	-0.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARBARA B COUGHLIN	President	1.00	Officer Director	$0	$0	$0
SANDRA FUNK	Director	0.50	Director	$0	$0	$0
RAYMOND A BRETZMANN	Secretary	0.50	Officer Director	$0	$0	$0
NANCY BOWMAN	Director	0.50	Director	$0	$0	$0
TOM ELLER	VP & Treasurer	1.00	Officer Director	$0	$0	$0
NANCY LANEY	Former VP	1.00	Director	$0	$0	$0
LORE FARISS	Director	0.50	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	$421,892	$229,026	$4,122,023	$192,866
2023	$454,937	$225,392	$3,708,498	$229,545
2022	$984,249	$218,276	$3,161,629	$765,973
2021	$1,075,027	$105,716	$2,760,132	$969,311
2020	$870,423	$102,237	$1,730,809	$768,186
2019	$363,349	$100,325	$873,296	$263,024
2018	$464,233	$102,249	$598,202	$361,984

OPEN DOOR MINISTRIES OF HIGH POINT FOUNDATION INC