OPEN ARMS FOOD PANTRY & RESOURCE CENTER

EIN: 831054330 501(c)(3) Food, Agriculture & Nutrition

LOS ANGELES, CA

Total Revenue
$227,216
Total Expenses
$203,940
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
CA
Principal Officer
Myeta Perdomo
Phone
2133000080
Tax Period
2024-01-01 to 2024-12-31

OPEN ARMS FOOD PANTRY & RESOURCE CENTER, founded in 2018, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $227K in total revenue in fiscal year 2024. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $204K left a modest 10% surplus.

Mission

Our Mission Our mission is to commit to assisting Southern California residents who are challenged with Unemployment, Impoverished, Aged 50+, Homelessness, Veterans challenged with PTSD, those who are Disabled & Transitional Age Youth (T.A.Y) with food equity, housing supportive services and infant care support. Our Goals We provide a helping hand to those who need it the most. Open Arms Food Pantries team gives to over 6000+ families monthly food and essentials not limited to: diapers, hygiene kits, household essentials, formula, vegetables, fruits, can goods, detergent, paper goods, blankets, meal gift cards and more. We also are advocates for Art X Culture programming inclusion for the underserved in Los Angeles City & County.

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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 $227,216
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $227,216

Expense Breakdown

Grants Paid $0
Salaries & Benefits $30,000
Fundraising Expenses $0
Program Expenses $175,000
Other Expenses $173,940
TOTAL EXPENSES $203,940

Year-over-Year Comparison

2024 2023 Change
Revenue $227,216 $451,009 -0.5%
Expenses $203,940 $367,233 -0.4%
Net Income $23,276 $83,776 -0.7%
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

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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
6
Independent Members
6
Employees
N/A
Volunteers
20

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
4
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Myeta Perdomo Executive Director 40.00
Director
$0 $0 $0
Kenrick Gibson Treasurer 40.00
Officer
$0 $0 $0
Henry Brown Member 40.00
Officer
$0 $0 $0
Sherwin Forde Secretary 20.00
Officer
$0 $0 $0
George Tindley Member 40.00
Officer
$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 $227,216 $203,940 No data $23,276
2023 $451,009 $367,233 No data $83,776
2022 $196,497 $189,100 No data $7,397
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