L โ€” Housing & ShelterEIN: 561576543ยท Ruling Year: 1988

Open Door Ministries Of High Point Inc

High Point, North Carolina

B-Health Score
50B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

๐Ÿ’ฐ
$1.6M
Total Revenue
๐Ÿ“Š
$1.8M
Total Expenses
๐Ÿฆ
$594K
Net Assets
๐Ÿ“‹
$166K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-24.8%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-9.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.34
Net assets divided by total expenses
Liabilities-to-Assets
21.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,608,710โ†“25%$1,759,645โ†“12%$760,880โ†‘23%
2022$2,140,659โ†‘10%$1,997,256โ†“7%$620,769โ†‘27%
2021$1,948,263โ†‘20%$2,138,469โ†‘24%$486,970โ†“30%
2020$1,629,223โ†“5%$1,728,024โ†‘4%$693,109โ†‘3%
2019$1,714,648โ†‘10%$1,660,051โ†“1%$669,767โ†‘4%
2018$1,551,922โ†“8%$1,678,078โ†“1%$642,605โ†“11%
2017$1,684,009โ†‘5%$1,696,558โ†‘2%$722,639โ†‘7%
2016$1,607,781โ†‘2%$1,656,160โ†‘7%$672,923โ†“2%
2015$1,574,141โ†‘16%$1,544,929โ†‘16%$683,415โ†“6%
2014$1,355,507โ†‘10%$1,335,029โ†‘2%$724,454โ†‘6%
2013$1,237,071โ†“11%$1,303,585โ†“8%$684,281โ†“12%
2012$1,387,687โ†‘4%$1,423,065$773,435โ†“3%
2011$1,329,962$1,425,149$795,848

Frequently Asked Questions

What does Open Door Ministries Of High Point Inc do?โ–ผ

Open Door Ministries Of High Point Inc is a housing & shelter nonprofit organization based in North Carolina. It is classified under NTEE code L410 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Open Door Ministries Of High Point Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Open Door Ministries Of High Point Inc has a score of 50/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Open Door Ministries Of High Point Inc generate?โ–ผ

Open Door Ministries Of High Point Inc reports $2.5M in annual revenue and holds $911K in total assets, based on IRS filings.

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Open Door Ministries Of High Point Inc โ€” High Point, NC | GiveScope