Open Doors For Youth
- Assets
- $241.4k
- Revenue
- $329.7k
- Investments
- $0.0
- Employees
- 4
- Location
- Elk River, MN
- Founding
- 04/2015
- Data as of
- 12/2022
- EIN
- 47-2291925
Organization Overview
Open Doors For Youth is located in Elk River, MN. The organization was established in 2015. According to its NTEE Classification (O51) the organization is classified as: Youth Community Service Clubs, under the broad grouping of Youth Development and related organizations. As of 12/2022, Open Doors For Youth employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Open Doors For Youth 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 12/2022, Open Doors For Youth generated $329.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.3% each year . All expenses for the organization totaled $292.4k during the year ending 12/2022. While expenses have increased by 22.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
WE ARE A DROPIN RESOURCE CENTER SERVING YOUTH AGES 16 24 WHO ARE EXPERIENCING HOMELESSNESS OR HOUSING INSTABILITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR CONNECTIONS PROGRAM PROVIDES YOUTH-LED, TRAUMA-RESPONSIVE, STRENGTH-BASED CARE. SERVICES ARE PROVIDED AT THE DROP-IN CENTER AND THROUGH OUTREACH TO AREA HIGH SCHOOLS. WE ASSIST YOUTH IN IDENTIFYING GOALS IN THE AREAS OF EDUCATION, EMPLOYMENT, WELL-BEING, AND HOUSING. WE PROVIDE INDIVIDUALIZED CASE MANAGEMENT IN-HOUSE AND THROUGH PARTNERSHIPS WITH COMMUNITY SERVICE PROVIDERS WHO ARE EXPERTS IN THESE FIELDS. WE WORK WITH 15 KEY SERVICE PROVIDERS INCLUDING A CONTRACT MENTALHEALTH CLINICIAN WHO PROVIDES FREE THERAPY AT BOTH OUR DROP-IN CENTER AND THROUGH OUTREACH AT AREA SCHOOLS. SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cheryl J Wold Board Chair | OfficerTrustee | 6 | $0 |
Marilyn K Olson Secretary | OfficerTrustee | 6 | $0 |
Dennis H Wold Treasurer | OfficerTrustee | 6 | $0 |
Rebecca Becky L Fink Director | Trustee | 0.5 | $0 |
Cindy S Ley Executive Director | Officer | 40 | $72,000 |
George M Golden Vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $100,424 |
| All other contributions, gifts, grants, and similar amounts not included above | $197,386 |
| Noncash contributions included in lines 1a–1f | $20,579 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $297,810 |
| Total Program Service Revenue | $31,739 |
| Investment income | $127 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $329,676 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $72,000 |
| Compensation of current officers, directors, key employees. | $18,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $72,311 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,237 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,126 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $44,335 |
| Advertising and promotion | $667 |
| Office expenses | $7,906 |
| Information technology | $5,498 |
| Royalties | $0 |
| Occupancy | $26,200 |
| Travel | $1,533 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,237 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,025 |
| All other expenses | $2,549 |
| Total functional expenses | $292,431 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $130,415 |
| Savings and temporary cash investments | $76,326 |
| Pledges and grants receivable | $24,189 |
| Accounts receivable, net | $6,833 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,600 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $241,363 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $200,363 |
| Net assets with donor restrictions | $41,000 |
| 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 | $241,363 |