OPEN DOOR VENTURES

EIN: 911608508 501(c)(3)

RENTON, WA

Total Revenue
$434,149
Total Expenses
$401,364
Total Assets
$1,595,736
Net Assets
$295,231
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
WA
Principal Officer
MICHAEL MURPHY
Phone
2063749409
Tax Period
2023-01-01 to 2023-12-31

OPEN DOOR VENTURES, founded in 1993, is a small nonprofit that reported $434K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $401K left a modest 8% surplus.

Mission

AS EXPRESSIONS OF GOD'S HEALING LOVE, WITNESSED THROUGH THE MINISTRY OF JESUS, WE ARE STEADFAST IN SERVING ALL, ESPECIALLY THOSE WHO ARE POOR AND VULNERABLE.

Program Service Accomplishments

Program 1
Expenses: $374,884 Revenue: $132,015

AT PROVIDENCE, WE USE OUR VOICE TO ADVOCATE FOR VULNERABLE POPULATIONS AND NEEDED REFORMS IN HEALTH CARE. WE ARE ALSO PURSUING INNOVATIVE WAYS TO TRANSFORM HEALTH CARE BY KEEPING PEOPLE HEALTHY, AND...

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AT PROVIDENCE, WE USE OUR VOICE TO ADVOCATE FOR VULNERABLE POPULATIONS AND NEEDED REFORMS IN HEALTH CARE. WE ARE ALSO PURSUING INNOVATIVE WAYS TO TRANSFORM HEALTH CARE BY KEEPING PEOPLE HEALTHY, AND MAKING OUR SERVICES MORE CONVENIENT, ACCESSIBLE AND AFFORDABLE FOR ALL. IN AN INCREASINGLY UNCERTAIN WORLD, WE ARE COMMITTED TO HIGH-QUALITY, COMPASSIONATE CARE FOR EVERYONE - REGARDLESS OF COVERAGE OR ABILITY TO PAY. WE HELP PEOPLE AND COMMUNITIES BENEFIT FROM THE BEST HEALTH CARE MODEL FOR THE FUTURE - TODAY.TOGETHER, OUR 117,000 CAREGIVERS (ALL EMPLOYEES) SERVE IN 51 HOSPITALS, 1,000 CLINICS AND A COMPREHENSIVE RANGE OF HEALTH AND SOCIAL SERVICES ACROSS ALASKA, CALIFORNIA, MONTANA, NEW MEXICO, OREGON, TEXAS AND WASHINGTON. THE PROVIDENCE FAMILY INCLUDES:-PROVIDENCE ACROSS SEVEN WESTERN STATES-COVENANT HEALTH IN WEST TEXAS-PROVIDENCE FACEY MEDICAL FOUNDATION IN LOS ANGELES, CA-KADLEC IN SOUTHEAST WASHINGTON-PACIFIC MEDICAL CENTERS IN SEATTLE, WA-SWEDISH HEALTH SERVICES IN SEATTLE, WA AS A COMPREHENSIVE HEALTH CARE ORGANIZATION, WE ARE SERVING MORE PEOPLE, ADVANCING BEST PRACTICES AND CONTINUING OUR MORE THAN 100-YEAR TRADITION OF SERVING THE POOR AND VULNERABLE. DELIVERING SERVICES ACROSS SEVEN STATES, PROVIDENCE IS COMMITTED TO TOUCHING MILLIONS OF MORE LIVES AND ENHANCING THE HEALTH OF THE AMERICAN WEST TO TRANSFORM CARE FOR THE NEXT GENERATION AND BEYOND.THROUGH COMMUNITY BENEFIT PROGRAMS AND OTHER HIGH-IMPACT INVESTMENTS, WE WORK TO ENSURE BASIC HEALTH NEEDS ARE MET AND SERVE TO REMOVE BARRIERS TO CARE, BUILD COMMUNITY RESILIENCE AND INNOVATE FOR THE FUTURE. MINISTRIES AND AFFILIATES SUPPORT ORGANIZATIONS, PROGRAMS AND INITIATIVES THAT IMPROVE HEALTH AND WELL-BEING AND INCREASE EQUITABLE ACCESS TO QUALITY CARE AT THE COMMUNITY LEVEL AND AT SCALE ACROSS SEVEN STATES.WE ARE PROUD OF OUR HISTORY AND CONTINUED COMMITMENT TO HELPING BUILD A MORE EQUITABLE, SUSTAINABLE FUTURE. OUR STEADFAST COMMITMENT TO RESPONDING TO COMMUNITY NEED IS ONE OF THE MANY WAYS MINISTRIES, AFFILIATES AND CAREGIVERS LIVE OUT OUR SHARED MISSION AND CONTINUE TO SERVE AS A VITAL SAFETY NET FOR THOSE WHO ARE VULNERABLE.FOR MORE INFORMATION GO TO: HTTPS://WWW.PROVIDENCE.ORG/ABOUT/ANNUAL-REPORT ENVIRONMENTAL, SOCIAL, AND GOVERNANCE STANDARDSPROVIDENCE CONTINUES TO EXECUTE ON OUR INTEGRATED STRATEGIC AND FINANCIAL PLAN, WHICH CLEARLY EXPRESSES OUR COMMITMENT AND ACCELERATION OF THE IMPORTANT WORK TO ADDRESS SOCIAL, RACIAL, AND ECONOMIC DISPARITIES AND REDUCE OUR CARBON FOOTPRINT IN THE COMMUNITIES WE SERVE. PROVIDENCE ADVANCES PROGRESS ON OUR CARBON NEGATIVE GOAL AND IN 2023 WE ESTIMATED THAT WE DECREASED EMISSIONS BY OVER 12 PERCENT COMPARED TO OUR 2019 BASELINE. IN ADDITION, OUR EFFORTS LED TO THE INTRODUCTION OF THE GREEN HOSPITALS ACT, LEGISLATION MODELED AFTER PROVIDENCE THAT WOULD PROVIDE CRITICAL FEDERAL FUNDING TO WEATHERIZE AND MODERNIZE HEALTH CARE FACILITIES. PROVIDENCE COMPLETED A COMPREHENSIVE CLIMATE RESILIENCE PLAN IN ALIGNMENT WITH OUR COMMITMENT TO THE US DEPARTMENT OF HEALTH AND HUMAN SERVICES CLIMATE PLEDGE. WE CONTINUE TO REDUCE GREENHOUSE GAS EMISSIONS WITH A FOCUS ON LED LIGHTING UPGRADES, WATER CONSERVATION, MORE EFFICIENT DELIVERY OF NITROUS OXIDE GAS DURING ANESTHESIA, AND ADVANCING OUR WASTE OPTIMIZATION WORK ACROSS ALL HOSPITALS AND CLINICS.PROGRAM SERVICE ACCOMPLISHMENTSPROVIDE SUBSIDIZED HOUSING WITH COMFORTABLE AND SPACIOUS APARTMENTS DESIGNED TO MEET THE NEEDS OF LOW INCOME PERSONS WITH DISABILITIES.OVERVIEWPROVIDENCE TOOK OVER MANAGEMENT AND SPONSORSHIP OF CAL ANDERSON HOUSE (OPEN DOOR VENTURES) JULY 2021 TO PROVIDE RESIDENTS WITH A HIGH-QUALITY, AFFORDABLE PLACE TO CALL HOME FOR LOW-INCOME HOUSEHOLDS WITH A MEMBER WHO IS 18 YEARS OF AGE OR OLDER WITH A VERIFIABLE DISABILITY. HOUSEHOLD INCOME MUST BE AT OR BELOW HUD'S FINANCIAL CRITERIA FOR RECEIVING RENTAL ASSISTANCE, WHICH IS 50% OF THE AREA MEDIAN INCOME FOR KING COUNTY, WA.IN ADDITION TO PROVIDING RESIDENTS WITH AN AFFORDABLE PLACE TO CALL HOME, WE OFFER CONTRACTED SERVICES COORDINATION TO HELP OUR RESIDENTS IDENTIFY AND ACCESS COMMUNITY RESOURCES.CAL ANDERSON HOUSE BOASTS FIVE-STORY, CONTROLLED-ACCESS BUILDING WITH AN ELEVATOR AND PLENTY OF PARKING ON CAPITOL HILL. THE BUILDING OFFERS COMFORTABLE AND SPACIOUS 1 BEDROOM APARTMENTS. EACH APARTMENT INCLUDES FULL KITCHENS/KITCHENETTES, AND PRIVATE BATHROOM WITH A TUB OR WALK-IN/ROLL-IN SHOWER, COMPLETE WITH GRAB BARS, BUILT-IN STORAGE AND OPEN LIVING SPACES. ON-SITE LAUNDRY FACILITY, COMPUTER WITH INTERNET ACCESS, INDOOR MAILBOXES AND WELCOMING COMMUNITY SPACES INCLUDING A SOCIAL ROOM AND OUTDOOR PATIOS ARE JUST A FEW MORE OF THE AMENITIES PROVIDED.THE BUILDING WAS ORIGINALLY CONSTRUCTED IN 1995 COMMEMORATING CAL ANDERSON.CAL ANDERSON HOUSE PROVIDES EQUAL HOUSING OPPORTUNITIES FOR ALL PROSPECTIVE TENANTS REGARDLESS OF RACE, COLOR, NATIONAL ORIGIN, RELIGION, SEX, DISABILITY, PARENTAL/FAMILY STATUS, MARITAL STATUS, AGE, ANCESTRY, SEXUAL ORIENTATION, CREED, POLITICAL IDEOLOGY, GENDER IDENTITY OR MEMBERSHIP IN ANY OTHER CLASS OF PERSONS.

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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 $302,134
Program Service Revenue $121,514
Investment Income $0
Other Revenue $10,501
TOTAL REVENUE $434,149

Expense Breakdown

Grants Paid $0
Salaries & Benefits $62,527
Fundraising Expenses $0
Program Expenses $374,884
Other Expenses $338,837
TOTAL EXPENSES $401,364

Year-over-Year Comparison

2023 2022 Change
Revenue $434,149 $392,098 +0.1%
Expenses $401,364 $354,107 +0.1%
Net Income $32,785 $37,991 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
5

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
2
$3,614,615
Total Directors
11
$405,151
Key Employees
1
$583,716
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GREG HOFFMAN EVP & CFO/TREASURER 0.50
Officer
$0 $334,955 $3,539,549
JO ANN ESCASA-HAIGH FRMR EVP/ASSISTANT TREASURER 0.00
$0 $10,754 $3,302,551
ROBERT HELLRIGEL FRMR EVP CE HOME & COMM CARE 0.00
$0 $0 $1,695,331
JAMIE GOODWIN FRMR OFF. - SECRETARY 0.00
$0 $110,300 $710,701
DIANNA REELY CHIEF RESIDENTIAL SRVCS - HCC 5.00
Key Emp
$0 $168,301 $583,716
MARY LYONS PHD DIRECTOR 0.50
Director
$0 $0 $100,085
MICHAEL MURPHY BOARD CHAIR/PRESIDENT 1.00
Officer Director
$0 $0 $75,066
CHARLES SORENSON MD DIRECTOR 0.50
Director
$0 $0 $50,000
ISIAAH CRAWFORD PHD DIRECTOR 0.50
Director
$0 $0 $50,000
RICHARD BLAIR DIRECTOR 0.50
Director
$0 $0 $50,000
ERIC SPRUNK DIRECTOR 0.50
Director
$0 $0 $40,000
MARY BETH KINGSTON DIRECTOR 0.50
Director
$0 $0 $40,000
MARVIN O'QUINN DIRECTOR (PART YEAR) 0.50
Director
$0 $0 $0
SISTER CAROL PACINI LCM DIRECTOR 0.50
Director
$0 $0 $0
SISTER DIANE HEJNA CSJ RN DIRECTOR 0.50
Director
$0 $0 $0
SISTER PHYLLIS HUGHES RSM DRPH 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 No data No data No data No data
2023 $434,149 $401,364 $1,595,736 $32,785
2022 $392,098 $354,107 $1,563,849 $37,991
2021 $386,183 $401,899 $1,262,800 $-15,716
2020 $382,512 $315,813 $1,219,085 $66,699
2019 $314,167 $275,337 $1,163,402 $38,830
2018 $294,946 $339,156 $1,147,992 $-44,210
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