Open Arms Adoption Services Inc
Open Arms Adoption Services Inc shows improved financial health and no reported officer compensation in recent filings.
EIN: 161729400 · Shreveport, LA · NTEE: P31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $150K |
| Total Expenses | $118K |
| Program Spending | 85% |
| Net Assets | $89K |
| Transparency Score | 85/100 |
Is Open Arms Adoption Services Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Open Arms Adoption Services Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Open Arms Adoption Services Inc
Open Arms Adoption Services Inc (EIN: 161729400) is a nonprofit organization based in Shreveport, LA, classified under NTEE code P31. The organization reported total revenue of $150K and total assets of $114K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Open Arms Adoption Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Open Arms Adoption Services Inc is a small nonprofit that has been operating for 18 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $197K |
| Total Expenses | $118K |
| Surplus / Deficit | +$80K |
| Total Assets | $106K |
| Total Liabilities | $17K |
| Net Assets | $89K |
| Operating Margin | 40.3% |
| Debt-to-Asset Ratio | 15.9% |
| Months of Reserves | 10.8 months |
Financial Health Grade: A
In 2023, Open Arms Adoption Services Inc reported a surplus of $80K with revenue exceeding expenses, holds 10.8 months of operating reserves (strong position), has a debt-to-asset ratio of 15.9% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Open Arms Adoption Services Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +362.9% | +191.8% | +702.4% |
| 2020 | -34.1% | -46.2% | +6.5% |
| 2019 | +3.7% | -22.8% | -56.7% |
| 2018 | -45.7% | +5.4% | -57.0% |
| 2017 | +63.5% | +77.6% | +66.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Open Arms Adoption Services Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Open Arms Adoption Services Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $80K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.9%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer categories, which is highly favorable for a nonprofit of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Open Arms Adoption Services Inc's IRS 990 filings:
- Significant revenue and expense fluctuations over the past decade, indicating potential instability in funding or operations.
Strengths
The following positive indicators were identified for Open Arms Adoption Services Inc:
- Consistent reporting of 0% officer compensation, suggesting high dedication and efficient use of donor funds.
- Strong financial performance in 2023 with revenue of $197,178 exceeding expenses of $117,623, leading to a substantial surplus.
- Significant growth in assets from $13,239 in 2020 to $106,231 in 2023, enhancing long-term stability.
- Consistent filing of IRS Form 990s, demonstrating transparency and accountability.
Frequently Asked Questions about Open Arms Adoption Services Inc
Is Open Arms Adoption Services Inc a legitimate charity?
Open Arms Adoption Services Inc (EIN: 161729400) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 85/100. It has 11 years of IRS 990 filings on record. Total revenue: $150K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Open Arms Adoption Services Inc spend its money?
Open Arms Adoption Services Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Open Arms Adoption Services Inc tax-deductible?
Open Arms Adoption Services Inc is registered as a tax-exempt nonprofit (EIN: 161729400). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Open Arms Adoption Services Inc's spending goes to programs?
Open Arms Adoption Services Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Open Arms Adoption Services Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Open Arms Adoption Services Inc is above average for NTEE category P31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Open Arms Adoption Services Inc located?
Open Arms Adoption Services Inc is headquartered in Shreveport, Louisiana and files with the IRS under EIN 161729400. It is classified under NTEE code P31.
How many years of IRS 990 filings does Open Arms Adoption Services Inc have?
Open Arms Adoption Services Inc has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $150K in total revenue.
Is Open Arms Adoption Services Inc a good charity?
Based on the available data, Open Arms Adoption Services Inc appears to be a good charity, especially considering its consistent reporting of 0% officer compensation and recent financial surpluses, indicating efficient use of funds.
What is the trend in Open Arms Adoption Services Inc's revenue?
Open Arms Adoption Services Inc's revenue has fluctuated significantly, ranging from a low of $42,595 in 2020 to a high of $197,178 in 2023, showing recent strong growth.
How has Open Arms Adoption Services Inc's asset base changed?
The organization's assets have grown substantially, from $13,239 in 2020 to $106,231 in 2023, indicating improved financial stability and capacity.
Filing History
IRS 990 filing history for Open Arms Adoption Services Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Open Arms Adoption Services Inc's revenue has grown by 180.2%, moving from $70K to $197K. Total assets increased by 497% over the same period, from $18K to $106K. Total functional expenses rose by 70.1%, from $69K to $118K. In its most recent filing year (2023), Open Arms Adoption Services Inc reported a surplus of $80K, with revenue exceeding expenses. The organization holds $17K in liabilities against $106K in assets (debt-to-asset ratio: 15.9%), resulting in net assets of $89K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $197K | $118K | $106K | $17K | — | — |
| 2020 | $43K | $40K | $13K | $2K | — | View 990 |
| 2019 | $65K | $75K | $12K | $4K | — | View 990 |
| 2018 | $62K | $97K | $29K | $10K | — | View 990 |
| 2017 | $115K | $92K | $67K | $13K | — | — |
| 2016 | $70K | $52K | $40K | $9K | — | View 990 |
| 2015 | $50K | $68K | $19K | $6K | — | View 990 |
| 2014 | $89K | $79K | $34K | $3K | — | View 990 |
| 2013 | $88K | $94K | $23K | $3K | — | View 990 |
| 2012 | $91K | $80K | $32K | $6K | — | View 990 |
| 2011 | $70K | $69K | $18K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $197K, expenses of $118K, and assets of $106K (revenue +362.9% year-over-year).
- 2020: Revenue of $43K, expenses of $40K, and assets of $13K (revenue -34.1% year-over-year).
- 2019: Revenue of $65K, expenses of $75K, and assets of $12K (revenue +3.7% year-over-year).
- 2018: Revenue of $62K, expenses of $97K, and assets of $29K (revenue -45.7% year-over-year).
- 2017: Revenue of $115K, expenses of $92K, and assets of $67K (revenue +63.5% year-over-year).
- 2016: Revenue of $70K, expenses of $52K, and assets of $40K (revenue +39.4% year-over-year).
- 2015: Revenue of $50K, expenses of $68K, and assets of $19K (revenue -43.6% year-over-year).
- 2014: Revenue of $89K, expenses of $79K, and assets of $34K (revenue +1.6% year-over-year).
- 2013: Revenue of $88K, expenses of $94K, and assets of $23K (revenue -3.6% year-over-year).
- 2012: Revenue of $91K, expenses of $80K, and assets of $32K (revenue +29.7% year-over-year).
- 2011: Revenue of $70K, expenses of $69K, and assets of $18K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Open Arms Adoption Services Inc:
Data Sources and Methodology
This transparency report for Open Arms Adoption Services Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.