Open Hands Foundation

990 • Fiscal year 2016 • EIN 20-0456778

Jan 01, 2016 to Dec 31, 2016

Organization Profile OPENHANDSFOUNDATION.COM

Excelsior, MN

Siviq Scores

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

0.94x

Higher debt load relative to assets than 94% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

0.34x

Higher debt load relative to revenue than 90% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

-44%

Higher net margin than 9% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

No value available

This filing does not contain officer compensation rows.

Source year 2016

-58%

Faster asset growth than 7% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

33%

Faster revenue growth than 80% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet

Liabilities / Assets94th percentile

Assets

Down

$119,519

Down $163,134 (-58%) from 2015

Net Assets

Down

$6,727

Down $144,207 (-96%) from 2015

Liabilities

Down

$112,792

Down $18,927 (-14%) from 2015

Revenue And Expenses

Liabilities / Revenue90th percentile Net Margin9th percentile

Revenue

$326,993

Up $80,761 (+33%) from 2015

Expenses

$471,200

Up $324,337 (+221%) from 2015

Net Income

Down

-$144,207

Down $243,576 (-245%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

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

Highlighted filing

2016

Assets$119,519

Liabilities$112,792

Net Assets$6,727

Open 2016 Filing

Operations Trend

Revenue Growth80th percentile

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

Highlighted filing

2016

Revenue$326,993

Expenses$471,200

Net Income-$144,207

Open 2016 Filing

Filing Detail Status

This 2016 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2025)

Jump To

Filing Snapshot

Filing Period: Jan 1, 2016 to Dec 31, 2016

Mission and Program Overview

Mission

We offer love, dignity and hope by meeting critical needs of people in our community. Currently our only program is hope house, a youth crisis and counseling shelter.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Summary only. Only limited summary data is available for this year.

Open filing

Assets: $119,519
Liabilities: $112,792
Net assets: $6,727
Revenue: $326,993
Expenses: $471,200
Net income: -$144,207

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$0.61	$0.04	$0.56	$0.66	$1.44	$0.77
2024Detailed filing. Detailed filing data is available for this year.	$1.41	$0.08	$1.34	$1.47	$0.51	$0.96
2023Detailed filing. Detailed filing data is available for this year.	$0.43	$0.05	$0.38	$0.13	$0.23	$0.10
2022Detailed filing. Detailed filing data is available for this year.	$0.53	$0.05	$0.48	$0.38	$0.32	$0.07
2021Detailed filing. Detailed filing data is available for this year.	$0.43	$0.02	$0.41	$0.44	$0.27	$0.17
2020Detailed filing. Detailed filing data is available for this year.	$0.24	$0.00	$0.24	$0.32	$0.12	$0.20
2019Detailed filing. Detailed filing data is available for this year.	$0.14	$0.10	$0.04	$0.38	$0.30	$0.08
2018Detailed filing. Detailed filing data is available for this year.	$0.11	$0.15	$0.04	$0.33	$0.33	$0.00
2017Detailed filing. Detailed filing data is available for this year.	$0.08	$0.11	$0.03	$0.28	$0.32	$0.04
2016Summary only. Only limited summary data is available for this year.	$0.12	$0.11	$0.01	$0.33	$0.47	$0.14
2015Summary only. Only limited summary data is available for this year.	$0.28	$0.13	$0.15	$0.25	$0.15	$0.10