Puertas Abiertas Inc

EIN: 843751469 501(c)(3) Crime & Legal

Grand Rapids, MI

Total Revenue
$712,735
Total Expenses
$655,819
Total Assets
$104,921
Net Assets
$104,621
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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
2022
Legal Domicile
MI
Principal Officer
Silvia A Inostroza MS
Tax Period
2023-07-01 to 2024-06-30

Puertas Abiertas Inc, founded in 2022, is a small nonprofit in the Crime & Legal sector that reported $713K in total revenue in fiscal year 2023. Revenue surged 57% from the prior year, signaling strong growth momentum. Expenses of $656K left a modest 8% surplus.

Mission

Puertas Abiertas, Inc. Provides a comprehensive volunteer program committed to serving the vulnerable population of Western Michigan. Puertas Abiertas, Inc. aims to improve community wellness and reduce domestic abuse at the individual level by empowering victims.

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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 (2023)

Revenue Breakdown

Contributions & Grants $712,735
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $712,735

Expense Breakdown

Grants Paid $95,710
Salaries & Benefits $438,589
Fundraising Expenses $32,586
Program Expenses $547,015
Other Expenses $121,520
TOTAL EXPENSES $655,819

Year-over-Year Comparison

2023 2022 Change
Revenue $712,735 $455,115 +0.6%
Expenses $655,819 $429,882 +0.5%
Net Income $56,916 $25,233 +1.3%
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

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Governance

Voting Members
7
Independent Members
7
Employees
5
Volunteers
15

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
1
$80,000
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Silvia A Inostroza Executive Director 40.00
Officer
$80,000 $0 $80,000
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 $712,735 $655,819 $104,921 $56,916
2023 $455,115 $445,540 $47,705 $9,575
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