Civic Intelligence

Open Arms Inc Bryans House

990 • Fiscal year 2022 • EIN 75-2217559

Jul 01, 2021 to Jun 30, 2022 • Filed on Jan 03, 2023

3610 Pipestone RdDallas, TX 75212

(214) 559-3946

Siviq Scores

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

Liabilities / Assets

40th percentile

0.03x

Higher debt load relative to assets than 40% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

36th percentile

0.03x

Higher debt load relative to revenue than 36% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

33rd percentile

-0.8%

Higher net margin than 33% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

84th percentile

$150,422

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 6.1% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

46th percentile

0.1%

Faster asset growth than 46% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

72nd percentile

28%

Faster revenue growth than 72% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$2,856,230

Up $3,346 (+0.1%) from 2021

Net Assets

Down

$2,776,512

Down $18,750 (-0.7%) from 2021

Liabilities

Up

$79,718

Up $22,096 (+38%) from 2021

Revenue

Up

$2,474,881

Up $547,475 (+28%) from 2021

Expenses

Up

$2,493,631

Up $623,164 (+33%) from 2021

Net Income

Down

-$18,750

Down $75,689 (-133%) from 2021

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $4,801,653Liabilities 2011: $105,879Net Assets 2011: $4,695,7742011Assets 2012: $5,225,648Liabilities 2012: $198,925Net Assets 2012: $5,026,7232012Assets 2013: $4,299,808Liabilities 2013: $70,469Net Assets 2013: $4,229,3392013Assets 2014: $3,691,464Liabilities 2014: $88,499Net Assets 2014: $3,602,9652014Assets 2015: $3,671,537Liabilities 2015: $370,525Net Assets 2015: $3,301,0122015Assets 2016: $2,626,011Liabilities 2016: $121,887Net Assets 2016: $2,504,1242016Assets 2017: $2,880,128Liabilities 2017: $114,267Net Assets 2017: $2,765,8612017Assets 2018: $2,783,975Liabilities 2018: $93,708Net Assets 2018: $2,690,2672018Assets 2019: $2,765,310Liabilities 2019: $72,138Net Assets 2019: $2,693,1722019Assets 2020: $3,055,618Liabilities 2020: $317,295Net Assets 2020: $2,738,3232020Assets 2021: $2,852,884Liabilities 2021: $57,622Net Assets 2021: $2,795,2622021Assets 2022: $2,856,230Liabilities 2022: $79,718Net Assets 2022: $2,776,5122022Assets 2023: $3,121,878Liabilities 2023: $147,663Net Assets 2023: $2,974,2152023Assets 2024: $2,178,970Liabilities 2024: $162,685Net Assets 2024: $2,016,2852024

Highlighted filing

2022

Assets$2,856,230
Liabilities$79,718
Net Assets$2,776,512

Operations Trend

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

$4.0M$2.0M$0-$2.0MExpenses 2011: $1,825,3682011Expenses 2012: $2,507,3172012Expenses 2013: $2,300,3922013Revenue 2014: $1,760,167Expenses 2014: $2,386,541Net Income 2014: -$626,3742014Revenue 2015: $2,226,659Expenses 2015: $2,528,612Net Income 2015: -$301,9532015Revenue 2016: $1,887,599Expenses 2016: $2,387,276Net Income 2016: -$499,6772016Revenue 2017: $2,312,654Expenses 2017: $2,050,917Net Income 2017: $261,7372017Revenue 2018: $2,123,579Expenses 2018: $2,199,153Net Income 2018: -$75,5742018Revenue 2019: $2,099,492Expenses 2019: $2,096,587Net Income 2019: $2,9052019Revenue 2020: $1,955,189Expenses 2020: $1,910,038Net Income 2020: $45,1512020Revenue 2021: $1,927,406Expenses 2021: $1,870,467Net Income 2021: $56,9392021Revenue 2022: $2,474,881Expenses 2022: $2,493,631Net Income 2022: -$18,7502022Revenue 2023: $3,130,779Expenses 2023: $2,933,552Net Income 2023: $197,2272023Revenue 2024: $1,816,717Expenses 2024: $2,838,583Net Income 2024: -$1,021,8662024

Highlighted filing

2022

Revenue$2,474,881
Expenses$2,493,631
Net Income-$18,750
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Jan 3, 2023
Return Version
2021v4.1
Gross Receipts
$2,512,208
Mission and Program Overview

Mission

The mission of Open Arms, Inc. is to provide underserved children in North Texas with specialized medical, educational and therapeutic care, and holistic support services for their families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,790,843$1,701,165▼ $89,678
Pledges and Grants Receivable$536,806$673,206▲ $136,400
Cash and Non-Interest-Bearing Accounts$518,561$469,797▼ $48,764
Prepaid Expenses and Deferred Charges$6,674$4,319▼ $2,355
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,852,884$2,856,230▲ $3,346
Other Assets Total-$7,743-
Liabilities
Accounts Payable and Accrued Expenses$57,622$79,718▲ $22,096
Total Liabilities$57,622$79,718▲ $22,096
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,393,277$2,104,342▼ $288,935
Net Assets With Donor Restrictions$401,985$672,170▲ $270,185
Total Net Assets Fund Balance$2,795,262$2,776,512▼ $18,750
Total Liabilities and Net Assets / Fund Balance$2,852,884$2,856,230▲ $3,346

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,387,836$733,354$2,121,190
Land$240,000-$240,000
Equipment$73,329$116,351$189,680
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Abigail Erickson TorresExecutive DirectorFT$130,000$20,422$150,422

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,404,602
Program Service Revenue
$48,449
Investment Income
$0
Other Revenue
$21,830
All Other Contributions
$1,703,145
Change in Net Assets
$-18,750

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table40$59,524
Food Inventory9$6,025
Total Noncash Contributions49$65,549
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,671,659
Other Expenses$654,024
Total Fundraising Expense$172,297
Grants and Similar Amounts Paid$167,948
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,075,737$72,593$77,408$1,225,738
Other Employee Benefits$153,505$18,669$9,220$181,394
Occupancy$133,746$38,648$5,121$177,515
Grants to Domestic Individuals$167,948--$167,948
Current Officers, Directors, Trustees, and Key Employees$108,408$25,676$9,645$143,729
Payroll Taxes$92,471$11,762$5,699$109,932
Depreciation Depletion$91,728$10,648$4,234$106,610
Information Technology$21,013$9,481$6,763$37,257
Travel$15,154$11,574$2,412$29,140
Advertising$2,605$2,639$22,340$27,584
Office Expenses$5,348$8,680$11,450$25,478
Other Expenses$584$4,075$14,493$19,152
Fees for Services Accounting$959$17,350-$18,309
Pension Plan Contributions$9,469$899$498$10,866
All Other Expenses-$8,727-$8,727
Total Functional Expenses$2,011,113$310,221$172,297$2,493,631
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$37,327
Fundraising Gross Income$37,327
Gaming Gross Income$18,795
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spring Luncheon$78,535$37,327$37,327$0
Other$19,255---
Total Events$109,290$37,327$37,327-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The form 990 is submitted first to the finance committee. Once the finance committee approves the 990, it is emailed to all board members.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The board adopted a comprehensive ethics policy that was modeled on a policy recommended by the irs. All board members are required specifically to declare in writing any potential or existing conflicts of interest. The staff handbook, which all staff members read upon employment and which is made available for review at any time, includes a policy requiring staff members to declare any conflicts of interest. All policies require that certain steps are taken to avoid the conflict when one exists.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Each year, the president appoints the human resources committee chair to conduct a review of comparable pay data from other similar organizations and to evaluate executive compensation. The president then makes a recommendation on executive compensation to the executive committee, which then decides on the executive director's compensation for the year. The executive director's compensation is then reviewed with the full board of directors in an executive session.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Open arms makes its governing documents, policies on conflict of interest, and financial statements available to the public upon request. In addition, the organization publishes the financial statements for the previous year in its annual report which is posted on the organization's website and distributed to donors and interested parties.

Form 990, Part VIII Income From Fundraising Events

The net economic benefit from our annual Luncheon is calculated as follows:Contributions from fundraising event reported on Part VIII, line 1c $ 71,963Gross Income from fundraising event reported on Part VIII, line 8a 37,327Gross income from fundraising event reported on Part VIII, line 9a 18,795Less: Direct costs of event reported on part VIII, Line 8b (37,327) Net economic benefit of fundraising event $ 90,758

Filing and Contact Details

Filer

Filer Name
Open Arms Inc
EIN
75-2217559
Phone
2145593946
Address
3610 PIPESTONE RD, DALLAS, TX 75212

Signing Officer

Name
Abigail Erickson Torres
Title
Executive Director
Signed
2023-01-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Abigail Erickson Torres
Formed
1988
Legal Domicile
TX
Voting Board Members
21
Independent Board Members
21
Employees
40
Volunteers
600

Preparer

Firm
Sutton Frost Cary LLP
Address
600 Six Flags Dr Suite 600, Arlington, TX 76011
Preparer
Carroll Elizabeth Arnott
Phone
8176498083
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Organization is exempt from federal income taxes under section 501(c)(3) of the Internal Revenue Code (IRC) and has not been classified as a private foundation as defined in the IRC. Income generated from activities unrelated to the Organizations exempt purposes is subject to tax under IRC Section 511. The Organization had no unrelated business income for the year ended June 30, 2022. Accordingly, no provision has been made for federal income tax. GAAP requires the evaluation of tax positions taken in the course of preparing the Organizations tax return and recognition of a tax liability (or asset) if the Organization has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. Management has analyzed the tax positions taken by the Organization, and has concluded that as of June 30, 2022 there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the consolidated financial statements.

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IRS990/Form990PartVIISectionAGrp/TitleTxt2President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt19Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Director
IRS990/Form990PartVIISectionAGrp/TitleTxt211ST VP
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.18$0.16$2.02$1.82$2.84$1.02
2023Summary only. Only limited summary data is available for this year.$3.12$0.15$2.97$3.13$2.93$0.20
2022Detailed filing. Detailed filing data is available for this year.$2.86$0.08$2.78$2.47$2.49$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.85$0.06$2.80$1.93$1.87$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.06$0.32$2.74$1.96$1.91$0.05
2019Summary only. Only limited summary data is available for this year.$2.77$0.07$2.69$2.10$2.10$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.78$0.09$2.69$2.12$2.20$0.08
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.88$0.11$2.77$2.31$2.05$0.26
2016Detailed filing. Detailed filing data is available for this year.$2.63$0.12$2.50$1.89$2.39$0.50
2015Detailed filing. Detailed filing data is available for this year.$3.67$0.37$3.30$2.23$2.53$0.30
2014Detailed filing. Detailed filing data is available for this year.$3.69$0.09$3.60$1.76$2.39$0.63
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.30$0.07$4.23$2.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.23$0.20$5.03$2.51
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.80$0.11$4.70$1.83
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • $1M-$5M nonprofits