Is Open Doors Inc Legit?

Strengths

Consistent 0% officer compensation across all 14 filings, indicating high efficiency and mission focus.
Significant revenue growth from $132,924 in 2015 to $565,365 in 2024.
Substantial asset growth from $45,059 in 2015 to $279,673 in 2024, building financial reserves.
Positive net assets (Assets > Liabilities) in all reported periods, indicating solvency.

Spending Breakdown

How Open Doors 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

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 Doors Inc

Is Open Doors Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Open Doors Inc (EIN: 113835381) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.

Is Open Doors Inc a good charity to donate to?

Open Doors Inc has a Mission Score of 90/100. Revenue: $662K. Assets: $265K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Open Doors Inc?

The Employer Identification Number (EIN) for Open Doors Inc is 113835381. 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 Doors Inc spend its money?

Open Doors Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Open Doors Inc's tax-exempt status?

You can verify Open Doors Inc's tax-exempt status using EIN 113835381 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 Doors Inc. demonstrates a generally healthy financial trajectory, with significant growth in revenue and assets over the past decade. The organization's revenue has grown from $132,924 in 2015 to $565,365 in 2024, indicating increasing support and operational capacity. Assets have also seen substantial growth, from $45,059 in 2015 to $279,673 in 2024, suggesting a build-up of financial reserves. However, the most recent filing (202406) shows expenses ($626,624) exceeding revenue ($565,365), resulting in a deficit for that period, which warrants monitoring to ensure long-term sustainability.

The organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of financial efficiency and a commitment to directing funds towards its mission rather than executive salaries. This practice enhances transparency and trust. While specific program spending ratios are not provided in the raw data, the absence of officer compensation suggests a lean administrative structure. The fluctuating revenue and expenses, particularly the deficit in the latest period, highlight the importance of consistent fundraising and expense management.

Overall, Open Doors Inc. appears to be a financially responsible organization with a strong history of growth and efficient use of funds, particularly given its zero executive compensation. The recent deficit is a point to watch, but the overall trend of increasing assets and revenue over the long term is positive. The consistent reporting of 0% officer compensation is a significant strength in terms of transparency and mission focus.

Verdict: Open Doors Inc appears trustworthy

Red Flags