Open Concern Inc
- Assets
- $97.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Richmond, KY
- Founding
- 10/1970
- Data as of
- 12/2023
- EIN
- 61-0711383
Organization Overview
Open Concern Inc is located in Richmond, KY. The organization was established in 1970. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Open Concern Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
OPEN CONCERN INC PROVIDES APPROXIMATELY 400-500 SCHOOL AGE CHILDREN WITH CLOTHING EACH YEAR
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Gable Director | 0.1 | $0 | |
Robert Herbst Treasurer | 2.5 | $0 | |
Carol Tipton Secretary | 0.2 | $0 | |
Butch Tipton Director | 0.1 | $0 | |
Andy Colley President | 0.1 | $0 | |
Joanne Walker Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,698 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,835 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $64,811 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $17,901 |
| Professional fees and other payments to independent contractors | $2,115 |
| Occupancy, rent, utilities, and maintenance | $10,358 |
| Printing, publications, postage, and shipping | $198 |
| Other expenses | $8,584 |
| Total expenses | $39,156 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $97,102 |
| Other assets | $0 |
| Total assets | $97,102 |
| Total liabilities | $731 |
| Net assets or fund balances | $96,371 |