Open Arms Childrens Network Inc
EIN: 861166804 · Brooklet, GA · NTEE: P30
| Metric | Value |
|---|---|
| Total Revenue | $361K |
| Total Expenses | $380K |
| Net Assets | $17K |
Is Open Arms Childrens Network Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Open Arms Childrens Network Inc
Open Arms Childrens Network Inc (EIN: 861166804) is a nonprofit organization based in Brooklet, GA, classified under NTEE code P30. The organization reported total revenue of $361K and total assets of $41K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Open Arms Childrens Network Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Open Arms Childrens Network Inc is a small nonprofit that has been operating for 16 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 6.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $393K |
| Total Expenses | $380K |
| Surplus / Deficit | +$13K |
| Total Assets | $46K |
| Total Liabilities | $29K |
| Net Assets | $17K |
| Operating Margin | 3.4% |
| Debt-to-Asset Ratio | 64.0% |
| Months of Reserves | 1.5 months |
Financial Health Grade: B
In 2022, Open Arms Childrens Network Inc reported a surplus of $13K with revenue exceeding expenses, holds 1.5 months of operating reserves (limited), has a debt-to-asset ratio of 64.0% (high leverage).
Financial Trends
Over 12 years of filings (2011–2022), Open Arms Childrens Network Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +15.5% | +21.9% | +31.5% |
| 2021 | +20.6% | -0.2% | +26.4% |
| 2020 | +0.3% | +13.4% | -20.4% |
| 2019 | +19.5% | +17.8% | -58.4% |
| 2018 | -5.8% | -6.0% | -4.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Open Arms Childrens Network Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Open Arms Childrens Network Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $13K, with revenue exceeding expenses.
- Debt-to-asset ratio: 64.0%.
Frequently Asked Questions about Open Arms Childrens Network Inc
Is Open Arms Childrens Network Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Open Arms Childrens Network Inc (EIN: 861166804) insufficient data. 0 red flags identified, 0 strengths noted.
How does Open Arms Childrens Network Inc spend its money?
Detailed spending breakdown data is not yet available for Open Arms Childrens Network Inc. Check back for updated IRS 990 analysis.
Are donations to Open Arms Childrens Network Inc tax-deductible?
Open Arms Childrens Network Inc is registered as a tax-exempt nonprofit (EIN: 861166804). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Open Arms Childrens Network Inc located?
Open Arms Childrens Network Inc is headquartered in Brooklet, Georgia and files with the IRS under EIN 861166804. It is classified under NTEE code P30.
How many years of IRS 990 filings does Open Arms Childrens Network Inc have?
Open Arms Childrens Network Inc has 12 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 $361K in total revenue.
Filing History
IRS 990 filing history for Open Arms Childrens Network Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Open Arms Childrens Network Inc's revenue has grown by 90.2%, moving from $206K to $393K. Total assets decreased by 54.9% over the same period, from $102K to $46K. Total functional expenses rose by 88.6%, from $201K to $380K. In its most recent filing year (2022), Open Arms Childrens Network Inc reported a surplus of $13K, with revenue exceeding expenses. The organization holds $29K in liabilities against $46K in assets (debt-to-asset ratio: 64.0%), resulting in net assets of $17K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $393K | $380K | $46K | $29K | — | View 990 |
| 2021 | $340K | $311K | $35K | $33K | — | View 990 |
| 2020 | $282K | $312K | $28K | $55K | — | View 990 |
| 2019 | $281K | $275K | $35K | $32K | — | View 990 |
| 2018 | $235K | $234K | $84K | $52K | — | View 990 |
| 2017 | $250K | $249K | $88K | $58K | — | View 990 |
| 2016 | $242K | $237K | $89K | $60K | — | View 990 |
| 2015 | $239K | $238K | $88K | $64K | — | View 990 |
| 2014 | $239K | $245K | $94K | $93K | — | View 990 |
| 2013 | $233K | $232K | $90K | $84K | — | View 990 |
| 2012 | $235K | $233K | $96K | $90K | — | View 990 |
| 2011 | $206K | $201K | $102K | $98K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $393K, expenses of $380K, and assets of $46K (revenue +15.5% year-over-year).
- 2021: Revenue of $340K, expenses of $311K, and assets of $35K (revenue +20.6% year-over-year).
- 2020: Revenue of $282K, expenses of $312K, and assets of $28K (revenue +0.3% year-over-year).
- 2019: Revenue of $281K, expenses of $275K, and assets of $35K (revenue +19.5% year-over-year).
- 2018: Revenue of $235K, expenses of $234K, and assets of $84K (revenue -5.8% year-over-year).
- 2017: Revenue of $250K, expenses of $249K, and assets of $88K (revenue +3.4% year-over-year).
- 2016: Revenue of $242K, expenses of $237K, and assets of $89K (revenue +1.1% year-over-year).
- 2015: Revenue of $239K, expenses of $238K, and assets of $88K (revenue +-0.0% year-over-year).
- 2014: Revenue of $239K, expenses of $245K, and assets of $94K (revenue +2.9% year-over-year).
- 2013: Revenue of $233K, expenses of $232K, and assets of $90K (revenue -1.0% year-over-year).
- 2012: Revenue of $235K, expenses of $233K, and assets of $96K (revenue +13.7% year-over-year).
- 2011: Revenue of $206K, expenses of $201K, and assets of $102K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Open Arms Childrens Network Inc:
Data Sources and Methodology
This transparency report for Open Arms Childrens Network 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.