No red flags identified.
AI Transparency Report
The Open Door Clinic demonstrates consistent financial health with a positive trend in revenue and assets over the past decade. In the latest filing (202312), the organization reported revenue of $189,467 against expenses of $152,325, indicating a surplus. This positive trend is a significant improvement from previous years, such as 202212 where expenses ($146,020) exceeded revenue ($113,474). The organization consistently reports zero liabilities, which is a strong indicator of financial stability and responsible fiscal management. Their asset base has also grown steadily, reaching $173,496 in 202312, up from $119,529 in 201412.
The organization's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that resources are primarily directed towards programmatic activities rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the overall financial health and lack of liabilities point to efficient operations. The consistent filing of IRS Form 990s over 13 periods also demonstrates a commitment to transparency.
Overall, The Open Door Clinic appears to be a well-managed and financially stable nonprofit. The growth in revenue and assets, coupled with zero liabilities and no reported officer compensation, suggests a strong focus on its mission and efficient use of donor funds. The consistent surplus in recent years allows for further investment in its programs and services.