Civic Intelligence

Open Arms Care Foundation

990 • Fiscal year 2022 • EIN 14-1920800

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 11, 2023

101 Westpark Drive 140Brentwood, TN 37027

(615) 254-4006

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

37th percentile

0.00x

Higher debt load relative to assets than 37% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

46th percentile

0.01x

Higher debt load relative to revenue than 46% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

98th percentile

92%

Higher net margin than 98% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

72nd percentile

18%

Faster asset growth than 72% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

72nd percentile

35%

Faster revenue growth than 72% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$542,084

Up $82,170 (+18%) from 2021

Net Assets

Up

$540,774

Up $83,230 (+18%) from 2021

Liabilities

Down

$1,310

Down $1,060 (-45%) from 2021

Revenue

Up

$90,304

Up $23,442 (+35%) from 2021

Expenses

Down

$7,074

Down $152 (-2.1%) from 2021

Net Income

Up

$83,230

Up $23,594 (+40%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2010: $184,595Liabilities 2010: $1,420Net Assets 2010: $183,1752010Assets 2011: $195,411Liabilities 2011: $1,856Net Assets 2011: $193,5552011Assets 2012: $164,022Liabilities 2012: $489Net Assets 2012: $163,5332012Assets 2013: $167,054Liabilities 2013: $1,590Net Assets 2013: $165,4642013Assets 2014: $195,589Liabilities 2014: $12,519Net Assets 2014: $183,0702014Assets 2015: $249,321Liabilities 2015: $1,912Net Assets 2015: $247,4092015Assets 2016: $292,234Liabilities 2016: $10,346Net Assets 2016: $281,8882016Assets 2017: $308,480Liabilities 2017: $19,139Net Assets 2017: $289,3412017Assets 2018: $312,358Liabilities 2018: $2,784Net Assets 2018: $309,5742018Assets 2019: $352,421Liabilities 2019: $6,682Net Assets 2019: $345,7392019Assets 2020: $398,029Liabilities 2020: $121Net Assets 2020: $397,9082020Assets 2021: $459,914Liabilities 2021: $2,370Net Assets 2021: $457,5442021Assets 2022: $542,084Liabilities 2022: $1,310Net Assets 2022: $540,7742022Assets 2023: $689,836Liabilities 2023: $6,790Net Assets 2023: $683,0462023Assets 2024: $818,811Liabilities 2024: $4,088Net Assets 2024: $814,7232024

Highlighted filing

2022

Assets$542,084
Liabilities$1,310
Net Assets$540,774

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2010: $43,815Expenses 2010: $23,828Net Income 2010: $19,9872010Revenue 2011: $43,207Expenses 2011: $32,827Net Income 2011: $10,3802011Revenue 2012: $46,343Expenses 2012: $76,365Net Income 2012: -$30,0222012Revenue 2013: $46,179Expenses 2013: $44,248Net Income 2013: $1,9312013Revenue 2014: $77,242Expenses 2014: $59,636Net Income 2014: $17,6062014Revenue 2015: $85,414Expenses 2015: $21,075Net Income 2015: $64,3392015Revenue 2016: $86,248Expenses 2016: $51,769Net Income 2016: $34,4792016Revenue 2017: $39,537Expenses 2017: $32,084Net Income 2017: $7,4532017Revenue 2018: $30,233Expenses 2018: $10,000Net Income 2018: $20,2332018Revenue 2019: $46,677Expenses 2019: $10,512Net Income 2019: $36,1652019Revenue 2020: $59,106Expenses 2020: $6,937Net Income 2020: $52,1692020Revenue 2021: $66,862Expenses 2021: $7,226Net Income 2021: $59,6362021Revenue 2022: $90,304Expenses 2022: $7,074Net Income 2022: $83,2302022Revenue 2023: $157,440Expenses 2023: $15,168Net Income 2023: $142,2722023Revenue 2024: $147,216Expenses 2024: $15,539Net Income 2024: $131,6772024

Highlighted filing

2022

Revenue$90,304
Expenses$7,074
Net Income$83,230
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 11, 2023
Return Version
2022v5.0
Gross Receipts
$90,304
Mission and Program Overview

Mission

To provide funding to expand services and improve the quality of life for open arms care corporation's clients.

To provide funding to expand non-medicaid allowable services and improve the quality of life for intellectually and developmentally disabled individuals under the care of open arms corporation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$458,837$537,658▲ $78,821
Accounts Receivable$1,077$4,426▲ $3,349
Total Assets$459,914$542,084▲ $82,170
Liabilities
Accounts Payable and Accrued Expenses$2,370$1,310▼ $1,060
Total Liabilities$2,370$1,310▼ $1,060
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$457,544$540,774▲ $83,230
Total Net Assets Fund Balance$457,544$540,774▲ $83,230
Total Liabilities and Net Assets / Fund Balance$459,914$542,084▲ $82,170
Compensation and Service Providers

Board Members and Trustees

NameTitle
George StevensPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$88,159
Program Service Revenue
$0
Investment Income
$2,145
Other Revenue
$0
All Other Contributions
$88,159
Change in Net Assets
$83,230

Audited Revenue Reconciliation

Revenue per Audited Statements
$85,279
Revenue Not Reported on Financial Statements
$5,025
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$5,025
Total Revenue per Audited Statements
$85,279
Total Revenue per Form 990
$90,304
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$5,025
Other Expenses$2,049
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$5,025--$5,025
Fees for Services Legal$1,300--$1,300
Information Technology$620--$620
Other Expenses$30--$30
Total Functional Expenses$7,074$0$0$7,074

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$7,074
Expenses Not Reported on Financial Statements$5,025
Other Expense Adjustments$5,025
Expenses per Audited Statements$2,049
Total Expenses per Audited Statements$2,049
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Open Arms Care CorporationBrentwood, TN501(c)(3)To Provide Funding.$5,025
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A copy of form 990 was emailed to all board members with request for comments, questions, and approval.

Form 990, Part VI, Section C, Line 19

The organization will provide copies of its financial statements upon request.

Filing and Contact Details

Filer

Filer Name
Open Arms Care Foundation
EIN
14-1920800
Phone
6152544006
Address
101 WESTPARK DRIVE 140, BRENTWOOD, TN 37027

Signing Officer

Name
George Stevens
Title
President
Phone
6152544006
Signed
2023-10-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
George Stevens
Formed
1986
Legal Domicile
Ga
Voting Board Members
1
Independent Board Members
1
Employees
0
Volunteers
0

Preparer

Firm
Lbmc Pc
Address
PO BOX 1869, BRENTWOOD, TN 37024-1869
Preparer
Julie Dunkin
Phone
6153774600
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The company has no material uncertain tax positions that qualify for either recognition or disclosure in the financial statements.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Open arms care corporation revenue included in consolidated f/s 5,025.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Open arms care corporation expenses included in consolidated f/s 5,025.

Raw XML Appendix352 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0OPEN ARMS CARE CORPORATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0459914
IRS990/TotalAssetsEOYAmt0542084
IRS990/TotalAssetsGrp/BOYAmt0459914
IRS990/TotalAssetsGrp/EOYAmt0542084
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt088159
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt07074
IRS990/TotalFunctionalExpensesGrp/TotalAmt07074
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02370
IRS990/TotalLiabilitiesEOYAmt01310
IRS990/TotalLiabilitiesGrp/BOYAmt02370
IRS990/TotalLiabilitiesGrp/EOYAmt01310
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0457544
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0540774
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt07074
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt02145
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt090304
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0459914
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0542084
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0101 WESTPARK DRIVE 140
IRS990/USAddress/CityNm0BRENTWOOD
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd037027
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0WWW.OPENARMSCARE.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GEORGE STEVENS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06152544006
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OPEN ARMS CARE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0OPEN
ReturnHeader/Filer/EIN0141920800
ReturnHeader/Filer/PhoneNum06152544006
ReturnHeader/Filer/USAddress/AddressLine1Txt0101 WESTPARK DRIVE 140
ReturnHeader/Filer/USAddress/CityNm0BRENTWOOD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037027
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0621199757
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LBMC PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1869
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BRENTWOOD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0370241869
ReturnHeader/PreparerPersonGrp/PhoneNum06153774600
ReturnHeader/PreparerPersonGrp/PreparationDt02023-10-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JULIE DUNKIN
ReturnHeader/ReturnTs02023-10-17T09:03:50-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0GEORGE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0STEVENS
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.19$0.04$8.15$1.47$0.16$1.32
2023Detailed filing. Detailed filing data is available for this year.$6.90$0.07$6.83$1.57$0.15$1.42
2022Detailed filing. Detailed filing data is available for this year.$5.42$0.01$5.41$0.90$0.07$0.83
2021Detailed filing. Detailed filing data is available for this year.$4.60$0.02$4.58$0.67$0.07$0.60
2020Detailed filing. Detailed filing data is available for this year.$3.98$0.00$3.98$0.59$0.07$0.52
2019Detailed filing. Detailed filing data is available for this year.$3.52$0.07$3.46$0.47$0.11$0.36
2018Detailed filing. Detailed filing data is available for this year.$3.12$0.03$3.10$0.30$0.10$0.20
2017Detailed filing. Detailed filing data is available for this year.$3.08$0.19$2.89$0.40$0.32$0.07
2016Detailed filing. Detailed filing data is available for this year.$2.92$0.10$2.82$0.86$0.52$0.34
2015Detailed filing. Detailed filing data is available for this year.$2.49$0.02$2.47$0.85$0.21$0.64
2014Detailed filing. Detailed filing data is available for this year.$1.96$0.13$1.83$0.77$0.60$0.18
2013Detailed filing. Detailed filing data is available for this year.$1.67$0.02$1.65$0.46$0.44$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.64$0.00$1.64$0.46$0.76$0.30
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.95$0.02$1.94$0.43$0.33$0.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.85$0.01$1.83$0.44$0.24$0.20