Open Usa
- Assets
- $802.6k
- Revenue
- $497.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Mt Clemens, MI
- Founding
- 11/2013
- Data as of
- 03/2022
- EIN
- 45-4613191
Organization Overview
Open Usa, operating under the name NexusB4T, is located in Mt Clemens, MI. The organization was established in 2013. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. NexusB4T 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 03/2022, NexusB4T generated $497.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $474.6k during the year ending 03/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ALLEVIATE POVERTY, PREJUDICE AND DISCRIMINATION BY PROMOTING THE GOSPEL OF JESUS CHRIST
Describe the Organization's Program Activity:
Part 3 - Line 4a
B4T PROMOTION: EDUCATE AND SHARE BEST PRACTICES WITH STUDENTS, BUSINESS PROFESSIONALS, CHURCHES AND OTHER ORGANIZATIONS WHILE ENCOURAGING THEM TO START OR PARTNER WITH A B4T BUSINESS. 67 PEOPLE COMPLETED OUR 7-MONTH B4T CHAMPIONS TRAINING. ANOTHER 11 STARTED THE TRAINING. KEPT LEADERS FROM APPROXIMATELY 150 CHURCHES INFORMED ABOUT B4T. 1 COLLABORATING ORGANIZATION SIGNED MOU TO FUNNEL LONG-TERM-INTERESTED FUTURE WORKERS TO OPEN.
INTERNSHIPS/APPRENTICESHIPS: PROVIDED A PATHWAY, TRAINING, AND CONSULTING FOR FUTURE B4T WORKERS AND THEIR ORGANIZATIONS THAT DESIRE HANDS-ON EXPERIENCE IN ECONOMICALLY DISADVANTAGED COMMUNITIES. 4 UNIVERSITY STUDENTS WERE MATCHED WITH A B4T BUSINESS TO WORK AS INTERNS AS A FOR-CREDIT COMPONENT OF THEIR DEGREE. 12 NOT FOR-CREDIT INTERNS WERE PLACED IN A B4T BUSINESS. 4 PEOPLE WERE MENTORED TO PREPARE THEM FOR OVERSEAS WORK, WITH 2 OF THOSE NOW OVERSEAS.
CONNECT/COACH/MENTOR/LOANS: EDUCATE, MENTOR, ENCOURAGE AND SHARE BEST PRACTICES WITH THOSE INVOLVED IN B4T BUSINESSES. COACHES AND MENTORS MEET REGULARLY FOR TRAINING AND TO PREPARE THEM TO HELP B4T WORKERS EXCEL IN THEIR BUSINESSES AND IN THEIR ABILITY TO TRANSFORM THE LIVES OF THOSE THEY ENCOUNTER. MORE THAN 130 B4T WORKERS WERE COACHED AND/OR MENTORED. THE OPEN USA RELIEF AND LOAN FUNDS HAVE SUPPORTED 25 B4T BUSINESSES WITH LOAN AND RELIEF FUNDS.
BOOK SALES AND BOOK ROYALTIES RELATED TO B4T.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Larkin President Director | OfficerTrustee | 24 | $0 |
Robert Royce Treasurer | Officer | 4 | $0 |
Bethany Lowndes Secretary | Officer | 10 | $0 |
May Lai Secretary | Officer | 10 | $0 |
Mauricio Alverez Director | Trustee | 10 | $0 |
Dayn Benson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $17,440 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $345,942 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $363,382 |
| Total Program Service Revenue | $114,867 |
| Investment income | $14,617 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,493 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,409 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $497,768 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $117,600 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $2,400 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,047 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $177,838 |
| Advertising and promotion | $2,315 |
| Office expenses | $14,546 |
| Information technology | $3,123 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $70,340 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $60,642 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $21,772 |
| Total functional expenses | $474,623 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,765 |
| Savings and temporary cash investments | $372,288 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,953 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $15,854 |
| Inventories for sale or use | $749 |
| Prepaid expenses and deferred charges | $101,188 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $261,814 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $802,611 |
| Accounts payable and accrued expenses | $27,971 |
| Grants payable | $0 |
| Deferred revenue | $13,992 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $41,963 |
| Net assets without donor restrictions | $209,755 |
| Net assets with donor restrictions | $550,893 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $802,611 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Open Usa has recieved totaling $41.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $41 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
William Davidson Institute At The University Of Michigan School Of B Ann Arbor, MI | $55,197,050 | $3,759,607 |
Junior Achievement Of Northern Indiana Fort Wayne, IN | $7,556,619 | $6,668,651 |
Partners Worldwide Grand Rapids, MI | $17,150,943 | $6,035,983 |
Junior Achievement Of Wisconsin Inc Milwaukee, WI | $25,670,610 | $3,770,604 |
Junior Achievement Of Central Indiana Indianapolis, IN | $5,835,841 | $2,240,758 |
Junior Achievement Of Central Ohio Columbus, OH | $1,469,613 | $2,217,232 |
Junior Achievement Usa Detroit, MI | $4,097,069 | $1,987,873 |
Junior Achievement Of The Michigan Great Lakes Grand Rapids, MI | $14,841,106 | $3,467,028 |
Social Promise Inc Greencastle, IN | $1,790,327 | $2,361,095 |
Mexico Mennonite Aid Nappanee, IN | $2,423,507 | $1,457,665 |
Global Gifts Inc Indianapolis, IN | $642,225 | $1,116,551 |
Junior Achievement Of Oki Partners Cincinnati, OH | $1,109,142 | $1,438,237 |