Open Door Ministries Inc

Open Door Ministries Inc consistently grows assets with zero officer compensation and no liabilities.

EIN: 202685468 · Canton, MI · NTEE: K31 · Updated: 2026-03-28

$169KRevenue

$332KAssets

92/100Mission Score (Excellent)

K31

About Open Door Ministries Inc

Open Door Ministries Inc (EIN: 202685468) is a nonprofit organization based in Canton, MI, classified under NTEE code K31. The organization reported total revenue of $169K and total assets of $332K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Open Door Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Open Door Ministries Inc demonstrates consistent financial health, operating with a positive net income in most recent years, such as 2023 where revenue of $177,165 exceeded expenses of $154,375. The organization maintains a healthy asset base, growing from $144,892 in 2014 to $302,260 in 2023, with no reported liabilities, indicating strong financial stability and responsible management of resources. Their transparency is excellent, as evidenced by 13 years of consistent IRS 990 filings and the absence of any reported officer compensation, suggesting a volunteer-driven leadership model.

Spending efficiency appears strong, particularly given the zero officer compensation, which means all operational expenses are directed towards program delivery and necessary administrative functions. While specific program spending percentages are not detailed in the provided data, the overall financial picture suggests a lean operation. The consistent growth in assets without incurring debt further reinforces a prudent financial approach, allowing the organization to build capacity over time. The lack of liabilities is a significant positive indicator of fiscal responsibility.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Open Door Ministries Inc with a Mission Score of 92 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: 90%
fundraising: 0%

According to IRS 990 filings, Open Door Ministries Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is 0% across all reported periods, indicating a volunteer-led organization, which is highly efficient for a nonprofit of this 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.

Strengths

The following positive indicators were identified for Open Door Ministries Inc:

Zero officer compensation, indicating volunteer leadership and high efficiency.
Consistent asset growth from $144,892 in 2014 to $302,260 in 2023.
No reported liabilities across all 13 filings, demonstrating strong financial stability.
Positive net income in most recent years (e.g., $22,790 in 2023), showing sustainable operations.
Long history of consistent IRS 990 filings (13 filings), indicating strong transparency.

Frequently Asked Questions about Open Door Ministries Inc

Is Open Door Ministries Inc a good charity?

Based on the provided financial data, Open Door Ministries Inc appears to be a very good charity. It consistently operates without liabilities, has growing assets, and reports 0% officer compensation, indicating high efficiency and a strong commitment to its mission.

How has Open Door Ministries Inc's financial health changed over time?

Open Door Ministries Inc has shown consistent financial growth and stability. Its assets have more than doubled from $144,892 in 2014 to $302,260 in 2023, and it has maintained zero liabilities throughout this period. Revenue has also shown an upward trend, reaching $177,165 in 2023.

What is the organization's approach to executive compensation?

The organization reports 0% officer compensation across all 13 filings, suggesting that its leadership is entirely volunteer-based. This is a significant strength, as it means all funds are directed towards operations and programs rather than executive salaries.

Does Open Door Ministries Inc have any debt?

No, Open Door Ministries Inc has consistently reported $0 in liabilities across all available IRS 990 filings, indicating a debt-free operation.

Filing History

IRS 990 filing history for Open Door Ministries Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Open Door Ministries Inc's revenue has grown by 189.6%, moving from $61K to $177K. Total assets increased by 355.3% over the same period, from $66K to $302K. Total functional expenses rose by 209.7%, from $50K to $154K. In its most recent filing year (2023), Open Door Ministries Inc reported a surplus of $23K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$177K	$154K	$302K	$0	—	View 990
2022	$153K	$156K	$277K	$0	—	View 990
2021	$163K	$139K	$280K	$0	—	—
2020	$124K	$90K	$289K	$0	—	View 990
2019	$85K	$90K	$247K	$0	—	View 990
2018	$35K	$90K	$240K	$0	—	View 990
2017	$105K	$122K	$210K	$0	—	View 990
2016	$138K	$86K	$217K	$0	—	View 990
2015	$127K	$116K	$156K	$0	—	View 990
2014	$114K	$127K	$145K	$0	—	View 990
2013	$141K	$92K	$154K	$0	—	View 990
2012	$117K	$86K	$101K	$0	—	View 990
2011	$61K	$50K	$66K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $177K, expenses of $154K, and assets of $302K (revenue +16.1% year-over-year).
2022: Revenue of $153K, expenses of $156K, and assets of $277K (revenue -6.1% year-over-year).
2021: Revenue of $163K, expenses of $139K, and assets of $280K (revenue +30.7% year-over-year).
2020: Revenue of $124K, expenses of $90K, and assets of $289K (revenue +46.4% year-over-year).
2019: Revenue of $85K, expenses of $90K, and assets of $247K (revenue +141.1% year-over-year).
2018: Revenue of $35K, expenses of $90K, and assets of $240K (revenue -66.5% year-over-year).
2017: Revenue of $105K, expenses of $122K, and assets of $210K (revenue -24.0% year-over-year).
2016: Revenue of $138K, expenses of $86K, and assets of $217K (revenue +9.0% year-over-year).
2015: Revenue of $127K, expenses of $116K, and assets of $156K (revenue +11.4% year-over-year).
2014: Revenue of $114K, expenses of $127K, and assets of $145K (revenue -19.3% year-over-year).
2013: Revenue of $141K, expenses of $92K, and assets of $154K (revenue +20.9% year-over-year).
2012: Revenue of $117K, expenses of $86K, and assets of $101K (revenue +90.8% year-over-year).
2011: Revenue of $61K, expenses of $50K, and assets of $66K.

Data Sources and Methodology

This transparency report for Open Door Ministries 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.