Is Openplans Inc Legit?

Quick charity verification for Openplans Inc (EIN: 134111130)

Verdict: Openplans Inc appears trustworthy

75/100Mission Score
$3.3MRevenue
$4.4MAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Openplans Inc. demonstrates a fluctuating financial performance over the past several years, with significant swings in revenue and expenses. For instance, revenue jumped from $190,339 in 2022 to $4,935,165 in 2023, while expenses also saw considerable variation. Despite these fluctuations, the organization has consistently reported zero officer compensation, which is a positive indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries. The organization's assets have also grown substantially, from $145,005 in 2019 to $4,539,477 in 2023, suggesting effective asset management and accumulation. However, without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, a precise assessment of spending efficiency is challenging. The consistent reporting of zero officer compensation across all filings is a strong point for transparency.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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