Quick charity verification for Open Arms Adoption Services Inc (EIN: 161729400)
Verdict: Open Arms Adoption Services Inc appears trustworthy
85/100Mission Score
$150KRevenue
$114KAssets
1Red Flags
4Strengths
Red Flags
Significant revenue and expense fluctuations over the past decade, indicating potential instability in funding or operations.
Strengths
Consistent reporting of 0% officer compensation, suggesting high dedication and efficient use of donor funds.
Strong financial performance in 2023 with revenue of $197,178 exceeding expenses of $117,623, leading to a substantial surplus.
Significant growth in assets from $13,239 in 2020 to $106,231 in 2023, enhancing long-term stability.
Consistent filing of IRS Form 990s, demonstrating transparency and accountability.
Spending Breakdown
How Open Arms Adoption Services Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Open Arms Adoption Services Inc
Is Open Arms Adoption Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Open Arms Adoption Services Inc (EIN: 161729400) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Open Arms Adoption Services Inc a good charity to donate to?
Open Arms Adoption Services Inc has a Mission Score of 85/100. Revenue: $150K. Assets: $114K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Open Arms Adoption Services Inc?
The Employer Identification Number (EIN) for Open Arms Adoption Services Inc is 161729400. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Open Arms Adoption Services Inc spend its money?
Open Arms Adoption Services Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Open Arms Adoption Services Inc's tax-exempt status?
You can verify Open Arms Adoption Services Inc's tax-exempt status using EIN 161729400 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Open Arms Adoption Services Inc demonstrates fluctuating financial health over the past decade, with recent improvements. In 2023, the organization reported revenue of $197,178 against expenses of $117,623, resulting in a significant surplus and an increase in assets to $106,231. This marks a positive turnaround from previous years, such as 2018 and 2019, where expenses exceeded revenue. The organization's spending efficiency appears strong, particularly given that officer compensation has consistently been reported as 0% across all available filings, suggesting that leadership is either volunteer-based or compensated through other means not categorized as officer compensation. This lack of officer compensation is a positive indicator for donor confidence, as more funds are likely directed towards programs. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The consistent filing of IRS Form 990s indicates a commitment to transparency, providing a clear history of financial operations.