Civic Intelligence

Open Door Teachings Inc

EIN 51-0428447 • 501(c)3 • Black Mountain, NC

Profile

Foster human development through personal transformation

PO Box 1252Black Mountain, NC 28711

www.open-door.cc

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

61st percentile

0.00x

Higher debt load relative to assets than 61% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

70th percentile

0.01x

Higher debt load relative to revenue than 70% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

12th percentile

-68%

Higher net margin than 12% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

85th percentile

$1,500

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 5.6% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

46th percentile

-4.2%

Faster asset growth than 46% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

70th percentile

17%

Faster revenue growth than 70% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets61st percentile

Assets

Down

$415,759

Down $18,041 (-4.2%) from 2016

Liabilities

Up

$337

Up $285 (+548%) from 2016

Net Assets

Down

$415,422

Down $18,326 (-4.2%) from 2016

Operations
Liabilities / Revenue70th percentileNet Margin12th percentile

Revenue

Up

$26,990

Up $3,894 (+17%) from 2016

Expenses

Up

$45,316

Up $3,430 (+8.2%) from 2016

Net Income

Up

-$18,326

Up $464 (+2.5%) from 2016

Trend Graphs

Balance Sheet Trend

Asset Growth46th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2010: $692,669Liabilities 2010: $37,602Net Assets 2010: $655,0672010Assets 2011: $648,642Liabilities 2011: $790Net Assets 2011: $647,8522011Assets 2012: $632,575Liabilities 2012: $576Net Assets 2012: $631,9992012Assets 2013: $631,384Liabilities 2013: $652Net Assets 2013: $630,7322013Assets 2014: $613,177Liabilities 2014: $17Net Assets 2014: $613,1602014Assets 2015: $590,274Liabilities 2015: $0Net Assets 2015: $590,2742015Assets 2016: $433,800Liabilities 2016: $52Net Assets 2016: $433,7482016Assets 2017: $415,759Liabilities 2017: $337Net Assets 2017: $415,4222017

Highlighted filing

2017

Assets$415,759
Liabilities$337
Net Assets$415,422
Open 2017 Filing

Operations Trend

Revenue Growth70th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KExpenses 2010: $71,4782010Expenses 2011: $81,1342011Expenses 2012: $75,7422012Revenue 2013: $71,816Expenses 2013: $73,083Net Income 2013: -$1,2672013Revenue 2014: $56,209Expenses 2014: $74,351Net Income 2014: -$18,1422014Revenue 2015: $26,155Expenses 2015: $49,011Net Income 2015: -$22,8562015Revenue 2016: $23,096Expenses 2016: $41,886Net Income 2016: -$18,7902016Revenue 2017: $26,990Expenses 2017: $45,316Net Income 2017: -$18,3262017

Highlighted filing

2017

Revenue$26,990
Expenses$45,316
Net Income-$18,326
Open 2017 Filing

Filings

Most recent year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$415,759
Liabilities
$337
Net assets
$415,422
Revenue
$26,990
Expenses
$45,316
Net income
-$18,326
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$4.16$0.00$4.15$0.27$0.45$0.18
2016Detailed filing. Detailed filing data is available for this year.$4.34$0.00$4.34$0.23$0.42$0.19
2015Detailed filing. Detailed filing data is available for this year.$5.90$0.00$5.90$0.26$0.49$0.23
2014Detailed filing. Detailed filing data is available for this year.$6.13$0.00$6.13$0.56$0.74$0.18
2013Detailed filing. Detailed filing data is available for this year.$6.31$0.01$6.31$0.72$0.73$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.33$0.01$6.32$0.76
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.49$0.01$6.48$0.81
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.93$0.38$6.55$0.71
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 22, 2018
Return Version
2017v2.2
Gross Receipts
$26,990
Mission and Program Overview

Mission

The mission of Open Door is to provide a supportive atmosphere and the circumstances and directions that

Foster human development through personal transformation

Program Services

DescriptionGrantsExpenses
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$6,692$19,188
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. 17 PARTICIPANTS WERE AWARDED SCHOLARSHIPS IN 2017 FOR A TOTAL OF $6,692.--
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BERNHARD CORDTSTreasurer-$1,500-$1,500
PAT HARTPresident-$0--
TRACEY MOUSSEAUVice President-$0--
MARION FREIBERGSecretary-$0--
PAT GREGORYBoard Member-$0--
FRED MORGANBoard Member-$0--
JULIE TRAVERSEBoard Member-$0--
BONNIE BIRDBoard Member-$0--
PATRICIA BASSBoard Member-$0--
MICHAEL HOSFORDBoard Member-$0--
SARA CARAWANBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Open Door Teachings Inc
EIN
51-0428447
Phone
8286069606
Address
PO Box 1252, Black Mountain, NC 28711

Signing Officer

Name
Bernhard Cordts
Title
Treasurer
Phone
8286069606
Signed
2018-08-22
Discuss with paid preparer
Yes

Preparer

Firm
Corliss & Solomon Pllc
Address
242 CHARLOTTE ST SUITE 1, ASHEVILLE, NC 28801-1434
Preparer
Stephen C Corliss
Phone
8282360206
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 10

“Scholarships; Program; 17 Individuals: , , , ; Unrelated, 6692.”

Form 990EZ, Part I, Line 16

“Depreciation 14664.”

Form 990EZ, Part I, Line 16

“Insurance 2835.”

Form 990EZ, Part I, Line 16

“Reunion Expenses 2050.”

Form 990EZ, Part I, Line 16

“Inventory Writeoff 5877.”

Form 990EZ, Part II, Line 24

“Equipment & Furniture, Net 1152. 578.”

Form 990EZ, Part II, Line 24

“Inventory 5877. 0.”

Form 990EZ, Part II, Line 26

“Accounts Payable 52. 337.”

Raw XML Appendix203 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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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2DESCRIBING THEIR EXPERIENCE OF THE EVENT. 17 PARTICIPANTS WERE AWARDED SCHOLARSHIPS IN 2017 FOR A TOTAL OF $6,692.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Scholarships; Program; 17 Individuals: , , , ; Unrelated, 6692.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation 14664.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance 2835.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Reunion Expenses 2050.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Inventory Writeoff 5877.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Equipment & Furniture, Net 1152. 578.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Inventory 5877. 0.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 10
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part II, Line 24
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ReturnHeader/BuildTS02018-06-14 16:35:46Z
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEPHEN C CORLISS
ReturnHeader/ReturnTs02018-08-22T07:38:26-07:00
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ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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