OPEN ARMS OUTREACH INC (EIN 943427441) - Form 990 Financial Analysis & Trantor Score

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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

2000

Legal Domicile

Principal Officer

JULIE WILSON

Phone

3367240850

Tax Period

2020-01-01 to 2020-12-31

OPEN ARMS OUTREACH INC, founded in 2000, is a micro nonprofit that reported $71K in total revenue in fiscal year 2020. Expenses of $84K exceeded revenue, resulting in a 17% operating deficit.

Mission

TO MITIGATE THE EFFECTS OF POVERTY, LOW EDUCATIONAL ACHIEVEMENT, AND ADDICTION AS WELL AS SOCIO-ECOMONIC AND RACIAL AND/OR ETHNIC PREJUDICE IN THE WAUGHTOWN NEIGHBORHOOD OF WINSTON-SALEM, NC.

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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 (2020)

Revenue Breakdown

Contributions & Grants $71,311

Program Service Revenue $0

Investment Income $99

Other Revenue $0

TOTAL REVENUE $71,410

Expense Breakdown

Grants Paid $1,400

Salaries & Benefits $10,341

Fundraising Expenses $0

Program Expenses $83,670

Other Expenses $71,929

TOTAL EXPENSES $83,670

Year-over-Year Comparison

	2020	2019	Change
Revenue	$71,410	N/A	N/A
Expenses	$83,670	N/A	N/A
Net Income	$-12,260	$0	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

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

$5,750

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GLENDA BEAUCHAMP	BOARD MEMBER	0.00	Director	$0	$0	$0
REV SONIA BACA-ZUNIGA	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN FONDA	BOARD MEMBER	0.00	Director	$0	$0	$0
GREG HUNTER	BOARD MEMBER	0.00	Director	$0	$0	$0
JEFFREY SKINNER	BOARD MEMBER	0.00	Director	$0	$0	$0
CATHY WELLS	BOARD MEMBER	0.00	Director	$0	$0	$0
BRENDA WILLIS	BOARD MEMBER	0.00	Director	$0	$0	$0
REV JULIE WILSON	PROGRAM DIRECTOR (JULY 2020 - CURRENT)	45.00	Officer	$5,750	$0	$5,750
PAUL MULLICAN	BOARD PRESIDENT	1.00	Officer	$0	$0	$0
LYNETTE HARPER	VICE PRESIDENT	0.00	Officer	$0	$0	$0
PAULETTE CAUDLE	SECRETARY	0.00	Officer	$0	$0	$0
JUDY SULLIVAN	TRUSTEE	0.00	Officer	$0	$0	$0
VICKIE SIGMON	FORMER PROGRAM DIRECTOR (JAN. - JUNE 2020)	40.00		$5,550	$0	$5,550

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
2020	$71,410	$83,670	$201,563	$-12,260

OPEN ARMS OUTREACH INC