Open Arms Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 133,261 | 166,214 | −32,953 | -10.7 | 0% |
| 2012 | 135,931 | 160,238 | −24,307 | -12.9 | 0% |
| 2013 | 131,524 | 170,130 | −38,606 | -14.9 | 2% |
| 2014 | 165,182 | 190,343 | −25,161 | -14.9 | 8% |
| 2015 | 150,756 | 190,924 | −40,168 | -17.4 | 14% |
| 2016 | 137,556 | 149,112 | −11,556 | -23.2 | 0% |
| 2017 | 154,755 | 268,693 | −113,938 | -17.9 | 0% |
| 2018 | 312,252 | 244,142 | 68,110 | -16.4 | 0% |
| 2019 | 215,874 | 210,337 | 5,537 | -18.7 | 0% |
| 2020 | 226,562 | 229,954 | −3,392 | -17.3 | 0% |
| 2021 | 234,276 | 246,700 | −12,424 | -16.7 | 0% |
| 2022 | 282,168 | 277,999 | 4,169 | -14.7 | 0% |
| 2023 | 311,196 | 278,945 | 32,251 | -13.2 | 0% |
In its most recent public year (2023), this organization brought in $32,251 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-13.2 months), down from -10.7 in 2011. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Open Arms Development Corporation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works