Opening Opportunities dba O2

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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

2018

Legal Domicile

Principal Officer

Andre Franklin

Phone

2066515169

Tax Period

2024-01-01 to 2024-12-31

Opening Opportunities dba O2, founded in 2018, is a small nonprofit in the Community Improvement sector that reported $243K in total revenue in fiscal year 2024. Expenses of $227K left a modest 7% surplus.

Mission

To developing authentic accountable relationships with individuals, community organizations and institutions that lead to opportunities that help the Black community remain resilient and resourceful.

Program Service Accomplishments

Program 1

Expenses: $226,941 Revenue: $45,213

Opening Opportunities (O2) supports efforts to create Black joy, create capacity, create healing, provide mentorship/training, and skill and wealth-building opportunities for Black people impacted by the carceral state and its systems, outdoor community events, and creation of capacity within the Black community and with Black-led organizations/businesses.

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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 $239,937

Program Service Revenue $0

Investment Income $3,512

Other Revenue $0

TOTAL REVENUE $243,449

Expense Breakdown

Grants Paid $0

Salaries & Benefits $16,000

Fundraising Expenses $0

Program Expenses $226,941

Other Expenses $210,941

TOTAL EXPENSES $226,941

Year-over-Year Comparison

	2024	2023	Change
Revenue	$243,449	N/A	N/A
Expenses	$226,941	N/A	N/A
Net Income	$16,508	N/A	N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rasheena Hibbler	Treasurer	5.00	Director	$0	$0	$0
Andre Franklin Jr	Secretary	5.00	Director	$0	$0	$0
Andre Franklin	Chairman	5.00	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	$243,449	$226,941	$16,508	$16,508
2022	$527,942	$391,923	$634,611	$136,019
2021	$753,204	$314,947	$498,592	$438,257