everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Open Arms Foundation

Memphis, TN / EIN 62-1612269 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2011567,532561,0096,5231.70%
2012577,736580,067−2,3311.60%
2013603,511653,110−49,5990.50%
2014752,058740,86611,1920.70%
2015463,163402,01461,1493.00%
2016303,178283,51419,6645.20%
2017456,244336,204120,0408.70%
2018663,408422,034241,37413.80%
2019587,365495,75991,60613.90%
2020263,635556,763−293,1286.10%
2021678,447578,92799,5208.30%
2022627,838678,724−50,8867.00%
2023819,180786,95232,2286.50%

In its most recent public year (2023), this organization brought in $32,228 more than it spent. Its reserves stood at about 6.5 months of spending, up from 1.7 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

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