WESTERLY, RI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)OPENING DOORS FOR WESTERLY'S CHILDREN, founded in 2017, is a micro nonprofit in the Education sector that reported $33K in total revenue in fiscal year 2023. Revenue fell 31% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $10K, a strong 29% operating margin.
OPENING DOORS FOR WESTERLY'S CHILDREN PROMOTES EARLY CHILDHOOD LITERACY AND ACADEMIC ACHIEVEMENT FOR THE CHILDREN IN WESTERLY, RHODE ISLAND. WE PROVIDE ESSENTIAL EDUCATION RELATED MATERIALS AND OPPORTUNITIES AND SUPPORT ACADEMICALLY RELATED PROGRAMS AND INITIATIVES IN THE WESTERLY, RHODE ISLAND COMMUNITY.
OUR PROGRAMS PROVIDE ESSENTIAL EDUCATION RELATED MATERIALS (BOOKS,BACKPACKS,SCHOOL SUPPLIES) AND SUMMER READING BOOKS FOR CHILDREN (K-5) WHO ARE ENROLLED IN THE WESTERLY SCHOOL DISTRICT AND MAY...
OUR PROGRAMS PROVIDE ESSENTIAL EDUCATION RELATED MATERIALS (BOOKS,BACKPACKS,SCHOOL SUPPLIES) AND SUMMER READING BOOKS FOR CHILDREN (K-5) WHO ARE ENROLLED IN THE WESTERLY SCHOOL DISTRICT AND MAY QUALIFY FOR THE NATIONAL SCHOOL LUNCH PROGRAM (NSLP). UNDER OUR PROGRAMS, WE PROMOTE LITERACY BY ENCOURAGING THE DEVELOPMENT OF PERSONAL LIBRARIES, ACCESS TO PRINT AND DIGITAL BOOKS, AND INTERNET CONTENT FOR PARTICIPATING CHILDREN IN THE WESTERLY SCHOOL DISTRICT.
OUR SUMMER LEARNING AND BEFORE & AFTERSCHOOL SPONSORSHIP PROGRAMS PROVIDE CHILDREN (K-5) WHO ARE ENROLLED IN THE WESTERLY SCHOOL DISTRICT AND MAY QUALIFY FOR THE NATIONAL SCHOOL LUNCH PROGRAM (NSLP)...
OUR SUMMER LEARNING AND BEFORE & AFTERSCHOOL SPONSORSHIP PROGRAMS PROVIDE CHILDREN (K-5) WHO ARE ENROLLED IN THE WESTERLY SCHOOL DISTRICT AND MAY QUALIFY FOR THE NATIONAL SCHOOL LUNCH PROGRAM (NSLP) THE OPPORTUNITY TO PARTICIPATE IN THE WESTERLY PUBLIC SCHOOLS HASBRO SUMMER LEARNING INITIATIVE - A 6-WEEK PROGRAM DESIGNED TO PREVENT SUMMER SET-BACK IN LEARNING. IN ADDITION, OUR PROGRAMS AID FAMILIES TO COVER COSTS ASSOCIATED WITH BEFORE AND AFTERSCHOOL CARE AT TOWER STREET SCHOOL, WESTERLY, RHODE ISLAND.
OUR VARIOUS PROGRAMS AND EVENTS PROVIDE OPPORTUNITIES FOR THE ORGANIZATION TO SHARE ITS MISSION, TO EDUCATE THE COMMUNITY OF THE NEEDS OF THE CHILDREN (K-5) AND THEIR FAMILIES IN THE WESTERLY SCHOOL...
OUR VARIOUS PROGRAMS AND EVENTS PROVIDE OPPORTUNITIES FOR THE ORGANIZATION TO SHARE ITS MISSION, TO EDUCATE THE COMMUNITY OF THE NEEDS OF THE CHILDREN (K-5) AND THEIR FAMILIES IN THE WESTERLY SCHOOL DISTRICT, AND PROVIDES OPPORTUNITIES FOR COMMUNITY MEMBERS TO ENGAGE WITH OUR ORGANIZATION TO SERVE AND SUPPORT WESTERLY'S CHILDREN (K-5) IN NEED.
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 | $32,630 | $47,212 | -0.3% |
| Expenses | $23,036 | $52,723 | -0.6% |
| Net Income | $9,594 | $-5,511 | -2.7% |
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 |
|---|---|---|---|---|---|---|
| JENNIFER ANSAY | TREASURER | 1.00 |
Director
|
$0 | $0 | $0 |
| SERGIO CHERENZIA | PRESIDENT | 1.75 |
Director
|
$0 | $0 | $0 |
| HARRIET CRANE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBIN KNISLEY | BOARD MEMBER | 1.25 |
Director
|
$0 | $0 | $0 |
| TRACY REGAN | SECRETARY | 10.00 |
Director
|
$0 | $0 | $0 |
| DONNA SIMMONS | CO-FOUNDER | 1.25 |
Director
|
$0 | $0 | $0 |
| CAITLIN WILLIAMS | BOARD MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $32,630 | $23,036 | $112,961 | $9,594 |
| 2022 | $47,212 | $52,723 | $106,178 | $-5,511 |
| 2021 | $54,000 | $53,139 | $108,949 | $861 |
| 2020 | $46,729 | $50,971 | $108,594 | $-4,242 |
| 2019 | $106,190 | $96,993 | $111,228 | $9,197 |
| 2018 | $75,059 | $57,253 | $100,500 | $17,806 |
Compare OPENING DOORS FOR WESTERLY'S CHILDREN with other nonprofits in Rhode Island and across the country.