Operation Open Arms Inc
- Assets
- $135.1k
- Revenue
- $419.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 10/2001
- Data as of
- 12/2022
- EIN
- 31-1787756
Organization Overview
Operation Open Arms Inc is located in Louisville, KY. The organization was established in 2001. According to its NTEE Classification (I72) the organization is classified as: Child Abuse Prevention, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Operation Open Arms Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Operation Open Arms Inc generated $419.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $429.0k during the year ending 12/2022. While expenses have increased by 2.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Operation Open Arms Inc has awarded 52 individual grants totaling $574,447. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OPEN ARMS PROVIDES SERVICES AND RESOURCES TO FOSTER FAMILIES WHO PROVIDE CARE FOR CHILDREN PLACED IN OPERATION OPEN ARMS' CARE AND SERVICES TO BIOLOGICAL FAMILIES PLACING CHILDREN IN OPERATION OPEN ARMS FOSTER HOMES. DURING 2022, OPERATION OPEN ARMS PROVIDED BIOLOGICAL PARENT SERVICES TO TWENTY-SEVEN INDIVIDUALS AND 9 FOSTER FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catherine T Bailey Co-Chairman | 1.5 | $0 | |
Irving W Bailey II Treasurer | 1.5 | $0 | |
Linda Yeager Co-Chairman | 1.5 | $0 | |
Meredith Hernandez Director | 1.5 | $0 | |
Joe Arnold Director | 1.5 | $0 | |
Judge Paula Sherlock Director | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $394,201 |
| Interest on Savings | $58 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $24,745 |
| Total Revenue | $419,004 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $77,750 |
| Other employee salaries and wages | $12,427 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,670 |
| Depreciation | $205 |
| Occupancy | $13,780 |
| Travel, conferences, and meetings | $3,307 |
| Printing and publications | $0 |
| Other expenses | $225,732 |
| Total operating and administrative expenses | $373,237 |
| Contributions, gifts, grants paid | $55,744 |
| Total expenses and disbursements | $428,981 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $103,204 |
| Savings and temporary cash investments | $31,856 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $135,060 |
| Accounts payable and accrued expenses | $6,878 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,878 |
Grants Awarded
Over the last fiscal year, Operation Open Arms Inc has awarded $55,744 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CHERYL DUGAN PURPOSE: DIRECT CARE TO NEEDY FOSTER PARENT(S) AND EXPENSES RELATED TO THE CHILD(REN)'S CARE WHICH IS PROVIDED BY THESE FOSTER PARENT(S). | $13,200 |
BRYAN MARY FLACHBART PURPOSE: DIRECT CARE TO NEEDY FOSTER PARENT(S) AND EXPENSES RELATED TO THE CHILD(REN)'S CARE WHICH IS PROVIDED BY THESE FOSTER PARENT(S). | $10,094 |
GLEN LEIGH ANNE KLEITZ PURPOSE: DIRECT CARE TO NEEDY FOSTER PARENTS(S) AND EXPENSES RELATED TO THE CHILD(REN)'S CARE WHICH IS PROVIED BY THESE FOSTER PARENTS | $3,300 |
KIM HERMAN FRITSCH PURPOSE: DIRECT CARE TO NEEDY FOSTER PARENT(S) AND EXPENSES RELATED TO THE CHILD(REN)'S CARE WHICH IS PROVIDED BY THESE FOSTER PARENT(S). | $21,450 |
LAURA BRANDON PRIEST PURPOSE: DIRECT CARE TO NEEDY FOSTER PARENT(S) AND EXPENSES RELATED TO THE CHILD(REN)'S CARE WHICH IS PROVIDED BY THESE FOSTER PARENT(S). | $7,700 |