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.