Open Doors Homeless Coalition
Open Doors Homeless Coalition shows fluctuating revenue but consistent financial stability and no executive compensation.
EIN: 134289037 · Gulfport, MS · NTEE: L99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.7M |
| Total Expenses | $2.4M |
| Program Spending | 85% |
| Net Assets | $673K |
| Transparency Score | 88/100 |
Is Open Doors Homeless Coalition Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Open Doors Homeless Coalition directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Open Doors Homeless Coalition
Open Doors Homeless Coalition (EIN: 134289037) is a nonprofit organization based in Gulfport, MS, classified under NTEE code L99. The organization reported total revenue of $2.7M and total assets of $913K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Open Doors Homeless Coalition's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Open Doors Homeless Coalition is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $2.4M |
| Surplus / Deficit | +$67K |
| Total Assets | $724K |
| Total Liabilities | $51K |
| Net Assets | $673K |
| Operating Margin | 2.7% |
| Debt-to-Asset Ratio | 7.1% |
| Months of Reserves | 3.6 months |
Financial Health Grade: A
In 2023, Open Doors Homeless Coalition reported a surplus of $67K with revenue exceeding expenses, holds 3.6 months of operating reserves (adequate), has a debt-to-asset ratio of 7.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Open Doors Homeless Coalition's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -23.7% | -34.3% | -20.7% |
| 2022 | -68.6% | -61.3% | -45.1% |
| 2021 | +275.8% | +249.1% | +438.0% |
| 2020 | +88.5% | +89.0% | +70.3% |
| 2019 | +30.3% | +31.5% | -9.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Doors Homeless Coalition with a Mission Score of 88 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 Doors Homeless Coalition 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 $67K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.1%.
Executive Compensation Analysis
Open Doors Homeless Coalition consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly commendable 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 Doors Homeless Coalition's IRS 990 filings:
- Significant year-over-year revenue volatility, particularly the 2021 spike and subsequent drop, which could indicate reliance on non-recurring funding sources.
- Deficit spending in 2022, where expenses ($3,687,128) exceeded revenue ($3,261,707).
Strengths
The following positive indicators were identified for Open Doors Homeless Coalition:
- Consistent reporting of 0% officer compensation across all filings, indicating high efficiency in directing funds to mission.
- Strong asset growth, from $181,614 in 2019 to $723,863 in 2023, demonstrating financial stability.
- Generally healthy financial surpluses in most years, including 2023 ($2,489,045 revenue vs. $2,422,005 expenses).
- Low liabilities relative to assets, indicating good financial management and solvency.
Frequently Asked Questions about Open Doors Homeless Coalition
Is Open Doors Homeless Coalition a legitimate charity?
Open Doors Homeless Coalition (EIN: 134289037) is a registered tax-exempt nonprofit based in Mississippi. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.7M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Open Doors Homeless Coalition spend its money?
Open Doors Homeless Coalition directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Open Doors Homeless Coalition tax-deductible?
Open Doors Homeless Coalition is registered as a tax-exempt nonprofit (EIN: 134289037). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Open Doors Homeless Coalition's spending goes to programs?
Open Doors Homeless Coalition directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Open Doors Homeless Coalition compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Open Doors Homeless Coalition is above average for NTEE category L99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Open Doors Homeless Coalition located?
Open Doors Homeless Coalition is headquartered in Gulfport, Mississippi and files with the IRS under EIN 134289037. It is classified under NTEE code L99.
How many years of IRS 990 filings does Open Doors Homeless Coalition have?
Open Doors Homeless Coalition has 13 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 $2.7M in total revenue.
Is Open Doors Homeless Coalition a good charity?
Based on the available financial data, Open Doors Homeless Coalition appears to be a good charity. They consistently report 0% officer compensation, indicating a strong commitment to directing funds to their mission. Their assets have grown significantly, and they generally operate with a surplus, demonstrating financial health.
Why did Open Doors Homeless Coalition's revenue spike so dramatically in 2021?
The dramatic spike in revenue to $10,386,178 in 2021, compared to typical revenues around $2-3 million, suggests the organization likely received a significant one-time grant or major funding initiative during that period, possibly related to pandemic relief or a specific project.
How does Open Doors Homeless Coalition manage to operate without officer compensation?
Operating with 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that executive roles are compensated through other means not classified as 'officer compensation' on the 990, or that the compensation is below the reporting threshold. This is a strong indicator of dedication to the mission.
Filing History
IRS 990 filing history for Open Doors Homeless Coalition showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Open Doors Homeless Coalition's revenue has grown by 49.2%, moving from $1.7M to $2.5M. Total assets increased by 390.6% over the same period, from $148K to $724K. Total functional expenses rose by 49.7%, from $1.6M to $2.4M. In its most recent filing year (2023), Open Doors Homeless Coalition reported a surplus of $67K, with revenue exceeding expenses. The organization holds $51K in liabilities against $724K in assets (debt-to-asset ratio: 7.1%), resulting in net assets of $673K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $2.4M | $724K | $51K | — | — |
| 2022 | $3.3M | $3.7M | $913K | $307K | — | View 990 |
| 2021 | $10.4M | $9.5M | $1.7M | $612K | — | View 990 |
| 2020 | $2.8M | $2.7M | $309K | $105K | — | View 990 |
| 2019 | $1.5M | $1.4M | $182K | $9K | — | View 990 |
| 2018 | $1.1M | $1.1M | $201K | $49K | — | View 990 |
| 2017 | $889K | $862K | $207K | $80K | — | View 990 |
| 2016 | $310K | $333K | $123K | $23K | — | View 990 |
| 2015 | $339K | $325K | $143K | $20K | — | View 990 |
| 2014 | $295K | $295K | $129K | $21K | — | View 990 |
| 2013 | $221K | $223K | $109K | $0 | — | View 990 |
| 2012 | $728K | $689K | $119K | $4K | — | View 990 |
| 2011 | $1.7M | $1.6M | $148K | $72K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $2.4M, and assets of $724K (revenue -23.7% year-over-year).
- 2022: Revenue of $3.3M, expenses of $3.7M, and assets of $913K (revenue -68.6% year-over-year).
- 2021: Revenue of $10.4M, expenses of $9.5M, and assets of $1.7M (revenue +275.8% year-over-year).
- 2020: Revenue of $2.8M, expenses of $2.7M, and assets of $309K (revenue +88.5% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.4M, and assets of $182K (revenue +30.3% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.1M, and assets of $201K (revenue +26.5% year-over-year).
- 2017: Revenue of $889K, expenses of $862K, and assets of $207K (revenue +186.5% year-over-year).
- 2016: Revenue of $310K, expenses of $333K, and assets of $123K (revenue -8.4% year-over-year).
- 2015: Revenue of $339K, expenses of $325K, and assets of $143K (revenue +15.0% year-over-year).
- 2014: Revenue of $295K, expenses of $295K, and assets of $129K (revenue +33.5% year-over-year).
- 2013: Revenue of $221K, expenses of $223K, and assets of $109K (revenue -69.7% year-over-year).
- 2012: Revenue of $728K, expenses of $689K, and assets of $119K (revenue -56.3% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.6M, and assets of $148K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Open Doors Homeless Coalition:
Data Sources and Methodology
This transparency report for Open Doors Homeless Coalition 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.