Open Hearts Place
Morganton, North Carolina
BHealth Score
56B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$268K
Total Revenue
📊
$26K
Total Expenses
🏦
$780K
Net Assets
📋
$9K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-21.8%
Year-over-year change (2022 → 2023)
Net Margin
+90.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
30.21
Net assets divided by total expenses
Liabilities-to-Assets
1.2%
Total liabilities as % of total assets
Filing History
3 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $267,944↓22% | $25,809↑75% | $788,640↑46% | |
| 2022 | $342,792↑11% | $14,717↑623% | $541,114↑123% | — |
| 2021 | $307,577 | $2,036 | $242,900 | — |
Frequently Asked Questions
What does Open Hearts Place do?▼
Open Hearts Place is a housing & shelter nonprofit organization based in North Carolina. It is classified under NTEE code L20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Open Hearts Place financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Open Hearts Place.
How much revenue does Open Hearts Place generate?▼
Open Hearts Place reports $190K in annual revenue and holds $1.4M in total assets, based on IRS filings.
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