Overview
What is Open Door Assoc Inc?
Open Door Assoc Inc is a nonprofit organization situated in New York City, specifically at 820 Columbus Avenue, New York, NY 10025. Their primary mission is to offer high-quality, affordable childcare services to approximately 85 families residing in upper Manhattan. The organization, known as Open Door Child Care Center, is dedicated to supporting working-class families by providing a nurturing environment for their children. With a workforce of 31 individuals, Open Door Assoc Inc plays an essential role in enabling parents to maintain their employment while ensuring their children receive the care they need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91% (Four-Star out of Four Stars)
Open Door Association Inc has achieved an impressive rating of 91%, reflecting strong accountability and financial health. The organization boasts a 100% independent board of directors, ensuring a high level of governance and oversight. Their financial statements are thoroughly audited, and they adhere to best practices in conflict of interest and whistleblower policies.
The charity's program expense ratio stands at 84.01%, indicating that a substantial portion of its resources is directed toward its programs rather than administrative costs. Additionally, the organization has demonstrated effective oversight of its assets, with no reported material diversions. However, its liabilities to assets ratio of 53.45% suggests that there is room for improvement in managing financial obligations relative to its assets.
Overall, Open Door Association Inc exemplifies strong operational standards and a commitment to transparency, making it a trustworthy organization for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Open Door Assoc Inc legitimate?
Open Door Assoc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Open Door Assoc Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $147,959
Professional Fundraising Fees: $0
Other Salaries and Wages: $710,230
For more financial information, click here
What is the mission statement of Open Door Assoc Inc?
Open Door Assoc Inc's mission is centered around providing high-quality, affordable child care services to families in need. Specifically, this organization targets working families residing in upper Manhattan. Their primary objective is to ensure that these families have access to reliable and cost-effective child care services, thereby enabling them to maintain their employment. The organization aims to cater to up to 85 students and their families, offering a supportive environment that promotes the overall well-being of the children.
Who is the CEO of Open Door Assoc Inc?
Angela Rooks is the Operations Director of Open Door Assoc Inc.
What is the revenue of Open Door Assoc Inc?
Open Door Assoc Inc's revenue in 2022 was $1,452,112.
Who are the executives of Open Door Assoc Inc and what are their salaries?
The average compensation at Open Door Assoc Inc during 2022 was $27,684. There are 31 employees and 7 volunteers at Open Door Assoc Inc.
Here are 9 key members and their salaries:
- Compensation: $74,430
- Related: $0
- Other: $0
- Compensation: $73,529
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Open Door Assoc Inc?
Open Door Assoc Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Open Door Assoc Inc
Open Door Associates Inc is committed to delivering top-notch, affordable child care services to working families residing in upper Manhattan. Their mission, in essence, is to cater to the needs of these families, ensuring their children receive excellent care while their parents are engaged in their respective professions. The organization aims to serve up to 85 families, providing a supportive environment for their children.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Open Door Assoc Inc's impact can be seen in its provision of high quality, low-cost child care services to working families living in upper Manhattan. By catering to the child care needs of up to 85 working class students and their families, the organization plays a crucial role in supporting these families in balancing work and childcare responsibilities. This support ultimately contributes to the well-being and stability of the families, enabling them to pursue their employment without worrying about the quality or affordability of child care services.
This information is meant to be a general summary of Open Door Assoc Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $12,699
- Gross Receipts: $1,452,112
Assets and Liabilities:
- Total Assets: $205,495
- Total Liabilities: $143,323
- Net Assets: $62,172
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Parent's fees
Revenue
$11,702
Organization Details
Founding Year
1958
Phone
(212) 749-5572Principal Officer
Angela Rooks
Main Address
820 Columbus Avenue, New York, NY, 10025
NTEE Category
Code: P400 - Human services
If you are a representative of Open Door Assoc Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.