Open Arms Inc
- Assets
- $1.2m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 37
- Location
- Albany, GA
- Founding
- 06/1988
- Data as of
- 06/2023
- EIN
- 58-1776221
Organization Overview
Open Arms Inc is located in Albany, GA. The organization was established in 1988. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. As of 06/2023, Open Arms Inc employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 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 06/2023, Open Arms Inc generated $2.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $1.3m during the year ending 06/2023. While expenses have increased by 2.3% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
IT IS THE MISSION OF OPEN ARMS, INC. TO BRING HEALING, HOPE, AND HELP TO CHILDREN, ADULTS, AND THEIR FAMILIES IN NEED OF SUPPORT, INTERVENTION AND PREVENTION AS A RESULT OF CHILD ABUSE IN ALL OF ITS FORMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BRIDGE PROGRAM ACCOMODATES CHILDREN FROM BIRTH TO 18 YEARS OLD. DURING THEIR TIME WITH OPEN ARMS, INC., ALL THEIR NECESSITIES ARE PROVIDED, INCLUDING BUT NOT LIMITED TO FOOD, CLOTHING, SHELTER, RECREATION, JOB TRAINING, ADVOCACY, EDUCATION, MEDICAL ATTENTION, AND COUNSELING. OPEN ARMS, INC. PROVIDES A SAFE AND STRUCTURED ENVIRONMENT FOR THESE CHILDREN, ALLOWING THEM TIME TO HEAL AND GROW. THE ORGANIZATION HAS A HOME AND OPERATES A 6 BED GIRLS' FACILITY AND A 6 BED BOYS' FACILITY. THE BRIDGE IS A SIX BEDROOM AND THREE BATHROOM HOME, LOCATED IN A CONFIDENTIAL LOCATION. THERE IS PLENTY OF LIVING SPACE, SPACIOUS DINING FACILITY, AND VARIOUS FORMS OF RECREATION.
RUNAWAY & HOMELESS PROGRAM THIS PROGRAM IS A PART OF THE FEDERAL INITIATIVE TO PROVIDE SHELTER AND SAFETY TO RUNAWAY AND HOMELESS YOUTH. YOUTH IN CRISIS ARE REFERRED TO THIS PROGRAM SO THAT INTERVENTION AND PREVENTION METHODS CAN BE PUT INTO PLACE TO ASSIST IN IMPROVING FAMILIAL DYNAMICS IN THE HOME, OR IF NECESSARY, INTERVENE WITH OTHER AGENCIES TO ENSURE THE SAFETY OF THE YOUTH IN CRISIS.
STREET OUTREACH THIS PROGRAM PROVIDES MENTORING AND PREVENTION METHODS TO STREET YOUTH. STAFF MEMBERS IN THIS PROGRAM WORK IN LOW-INCOME AREAS AND IN "HOT SPOTS" FOR TROUBLED YOUTH. THE GOAL OF THIS PROGRAM IS TO REDUCE SEXUAL EXPLOITATION AND ABUSE OF STREET YOUTH.
TRANSITIONAL LIVING PROGRAM THE GOAL OF THIS PROGRAM IS TO PROVIDE A SAFE AND STABLE HOME FOR YOUTH TRANSITIONING OUT OF FOSTER CARE OR THOSE YOUTH WHO ARE HOMELESS. THE PROGRAM IS AVAILABLE TO YOUTH BETWEEN THE AGES OF 18 AND 21, AND PROVIDES ASSISTANCE WITH RENT, UTILITIES, AND LIFE SKILLS. OPEN ARMS, INC. IS THE ONLY PROVIDER FOR THE TRANSITIONAL LIVING PROGRAM IN SOUTHWEST GEORGIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Covington At-Large | Trustee | 1 | $0 |
Katresa M Daniel At-Large | Trustee | 1 | $0 |
Elicia Hargrove At-Large | Trustee | 1 | $0 |
Thelma Adams Johnson President | OfficerTrustee | 2 | $0 |
Jennifer King Secretary | OfficerTrustee | 1 | $0 |
Chuck Knight At-Large | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $25,000 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,932,371 |
| All other contributions, gifts, grants, and similar amounts not included above | $71,729 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,029,100 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,029,100 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $911,022 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,745 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,832 |
| Office expenses | $1,542 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $35,905 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $17 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,377 |
| Insurance | $64,364 |
| All other expenses | $103,672 |
| Total functional expenses | $1,313,004 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $887,254 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $39,588 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $43,080 |
| Net Land, buildings, and equipment | $250,287 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,220,209 |
| Accounts payable and accrued expenses | $3,897 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,193 |
| Total liabilities | $10,090 |
| Net assets without donor restrictions | $1,210,119 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,220,209 |