Open Door Teachings Inc
- Assets
- $415.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Black Mountain, NC
- Founding
- 06/2003
- Data as of
- 12/2017
- EIN
- 51-0428447
Organization Overview
Open Door Teachings Inc is located in Black Mountain, NC. The organization was established in 2003. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Open Door Teachings 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 12/2017, Open Door Teachings Inc generated $27.0k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $45.3k during the year ending 12/2017. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2017
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF OPEN DOOR IS TO PROVIDE A SUPPORTIVE ATMOSPHERE AND THE CIRCUMSTANCES AND DIRECTIONS THAT FOSTER HUMAN DEVELOPMENT THROUGH PERSONAL TRANSFORMATION, THE PROFOUND OPENING AND INTEGRATING OF AWARENESS WITH ALL LIFE EXPERIENCE, AND THE ENTHUSIASTIC EXPLORATION OF HUMAN CONSCIOUSNESS. THIS IS FOSTERED BY THE PRACTICE AND ACTIVITIES OF A GROUP OF DEDICATED PEOPLE.
Describe the Organization's Program Activity:
Part 3
OPEN DOOR TEACHINGS OFFERS A SCHOLARSHIP PROGRAM TO PARTICIPANTS. PARTICIPANTS SUBMIT AN APPLICATION DESCRIBING THEIR PARTICIPATION IN OPEN DOOR, WHAT THEY WOULD LIKE A SCHOLARSHIP FOR AND HOW IT SUPPORTS THE MISSION OF OPEN DOOR. A COMMITTEE OF PARTICIPANTS REVIEWS THE APPLICATION AND DECIDES BY VOTE WHETHER TO AWARD THE SCHOLARSHIP. ONCE A SCHOLARSHIP IS AWARDED AND THE PARTICIPANT ATTENDS THE EVENT, THEY REPORT BACK TO THE PARTICIPANTS OF OPEN DOOR THROUGH THE LIST SERVE DESCRIBING THEIR EXPERIENCE OF THE EVENT. 7 PARTICIPANTS WERE AWARDED SCHOLARSHIPS IN 2015 FOR A TOTAL OF $2710.00.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bernhard Cordts Treasurer | 0.25 | $1,500 | |
Tracey Mousseau Vice President | 0.25 | $0 | |
Sara Carawan Board Member | 0.1 | $0 | |
Pat Gregory Board Member | 0.1 | $0 | |
Pat Hart President | 0.25 | $0 | |
Fred Morgan Board Member | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $26,990 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $26,990 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,420 |
| Occupancy, rent, utilities, and maintenance | $8,830 |
| Printing, publications, postage, and shipping | $948 |
| Other expenses | $25,426 |
| Total expenses | $45,316 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,271 |
| Other assets | $0 |
| Total assets | $415,759 |
| Total liabilities | $337 |
| Net assets or fund balances | $415,422 |
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