Quick charity verification for Open Door Foundation Inc (EIN: 133598184)
Verdict: Open Door Foundation Inc appears trustworthy
90/100Mission Score
$4.2MRevenue
$16.9MAssets
2Red Flags
4Strengths
Red Flags
Increasing liabilities in recent years, reaching $3,105,730 in 2023, warrant further investigation.
0% officer compensation is unusual and might indicate compensation is reported under other expense categories or a fully volunteer leadership, which could pose sustainability questions.
Strengths
Consistent and significant revenue growth, from $894,812 in 2014 to $3,639,814 in 2023.
Strong asset growth, from $9,007,260 in 2014 to $16,369,596 in 2023, indicating financial stability.
Healthy surplus generation, with revenue consistently exceeding expenses (e.g., $3,639,814 revenue vs. $2,739,215 expenses in 2023).
No reported officer compensation, suggesting a strong focus on mission and efficient use of funds for program delivery.
Spending Breakdown
How Open Door Foundation 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 Door Foundation Inc
Is Open Door Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Open Door Foundation Inc (EIN: 133598184) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
Is Open Door Foundation Inc a good charity to donate to?
Open Door Foundation Inc has a Mission Score of 90/100. Revenue: $4.2M. Assets: $16.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Open Door Foundation Inc?
The Employer Identification Number (EIN) for Open Door Foundation Inc is 133598184. 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 Door Foundation Inc spend its money?
Open Door Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Open Door Foundation Inc's tax-exempt status?
You can verify Open Door Foundation Inc's tax-exempt status using EIN 133598184 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 Door Foundation Inc demonstrates strong financial health and consistent growth in revenue and assets over the past decade. In 2023, the organization reported revenue of $3,639,814 against expenses of $2,739,215, indicating a healthy surplus. The asset base has grown significantly from $9,007,260 in 2014 to $16,369,596 in 2023, suggesting effective asset management and financial stability. The organization consistently reports 0% officer compensation, which is a positive indicator of transparency and a focus on mission-related spending rather than executive enrichment. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial trends suggest a well-managed and growing entity. The increasing liabilities in recent years, reaching $3,105,730 in 2023, warrant closer examination to understand their nature and impact on long-term financial health, though they remain well-covered by assets.