Open Arms Ministries
- Assets
- $56.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Richmond, IN
- Founding
- 01/2011
- Data as of
- 12/2023
- EIN
- 30-0583053
Organization Overview
Open Arms Ministries is located in Richmond, IN. The organization was established in 2011. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Open Arms Ministries is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Open Arms Ministries generated $41.2k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $62.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
IN 2023 WE PROVIDED 2,927 SERVICES COMPRISED OF REFERRALS, HOMELESS BAGS GIVEN, WORKSHOPS, BUS PASSES, AND ADULTS SERVED THROUGH FINANCIAL ASSISTANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
L Sharlene George Executive Di | 20 | $20,471 | |
Karen Clark President | 2 | $0 | |
Anthony Johnson Treasurer | 2 | $0 | |
Stacey Roberts Vice Preside | 2 | $0 | |
Mary Probasco Board Member | 2 | $0 | |
Elaine Jackson Program Chai | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,101 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $113 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $41,214 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $39,998 |
| Professional fees and other payments to independent contractors | $17,220 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $381 |
| Other expenses | $4,866 |
| Total expenses | $62,465 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,863 |
| Other assets | $0 |
| Total assets | $56,863 |
| Total liabilities | $1,415 |
| Net assets or fund balances | $55,448 |