Overview
What is Open Table Inc?
Open Table Inc is a compassionate nonprofit organization located in Phoenix, Arizona. With a team of nine dedicated individuals, their primary mission is to empower adults and families living in poverty, collaborating with volunteers from their community. By fostering connections between the individuals in need and the community's resources, Open Table Inc enables volunteers to leverage their action and support, ultimately helping families to forge a pathway out of poverty. To achieve this, Open Table Inc organizes community events, known as "Tables," where volunteers and individuals engage in a one-year journey, accessing and utilizing the resources available in their community to improve their circumstances.
Official website here: www.theopentable.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% - Four-Star out of Four Star rating from Charity Navigator.
Open Table Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The score reflects a well-managed organization, with 100% of the rating derived from the Accountability & Finance beacon, emphasizing their commitment to transparency and responsible financial practices.
The organization boasts a majority of independent board members, with 77% being independent, and has received full points across various financial assessments. Their fiscal management is strong, evidenced by a low liabilities-to-assets ratio of 7.72% and a significant program expense ratio of 80.67%, demonstrating their focus on delivering services effectively rather than administrative costs.
While the data highlights many strengths, there are no specific limitations noted in the feedback. Open Table Inc's exemplary practices in governance and financial management position it as a reliable choice for donors looking to support effective nonprofit initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Open Table Inc legitimate?
Open Table Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Open Table 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: $278,288
Professional Fundraising Fees: $0
Other Salaries and Wages: $307,364
For more financial information, click here
Official website here: www.theopentable.org
What is the mission statement of Open Table Inc?
Open Table Inc's mission is centered around assisting adults and families living in poverty. The organization encourages community volunteers to collaborate, facilitating these individuals' access to local resources. Through volunteer action, Open Table aims to provide a pathway out of poverty. The organization serves as a catalyst, establishing connections between the community's resources and social service agencies to support each individual's journey towards financial stability. Volunteers typically engage with families for a period of approximately one year.
Official website here: www.theopentable.org
Who is the CEO of Open Table Inc?
Jonathan Katov is the Chair of Open Table Inc.
Official website here: www.theopentable.org
What is the revenue of Open Table Inc?
Open Table Inc's revenue in 2022 was $799,020.
Official website here: www.theopentable.org
Who are the executives of Open Table Inc and what are their salaries?
The average compensation at Open Table Inc during 2022 was $65,072. There are 9 employees and 557 volunteers at Open Table Inc.
Here are 9 key members and their salaries:
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- Compensation: $165,727
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- Other: $23,793
- Compensation: $93,280
- Related: $0
- Other: $5,088
Official website here: www.theopentable.org
Where can I find the form 990 for Open Table Inc?
Open Table Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.theopentable.org
Learn more at the official website: www.theopentable.org
Mission Statement of Open Table Inc
Open Table Inc, a nonprofit organization, is dedicated to empowering adults and families living in poverty. Their mission involves engaging volunteers from the community to help these individuals access the resources available within their community. By leveraging volunteer action, Open Table Inc aims to provide a pathway out of poverty for these families. The organization serves as a catalyst, connecting volunteers with various social service resources in the community that can aid in each individual's journey out of poverty. The relationship between the volunteers and the individuals or families typically lasts for about a year.
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Impact
October, 2024
Open Table Inc. significantly impacts individuals and families living in poverty by fostering empowerment and facilitating community engagement. The organization mobilizes volunteers to create supportive "tables" where relationships are built over approximately a year, enabling meaningful connections between those in need and community resources.
By acting as a catalyst, Open Table Inc. not only helps participants access essential services but also encourages a collaborative approach to overcoming adversity. This model transforms the lives of individuals and families, providing them with the tools and support necessary to break the cycle of poverty and homelessness. Through its focus on community-driven solutions, Open Table Inc. plays a crucial role in promoting social mobility and fostering resilience in Phoenix, AZ, and beyond. The relationships formed within these tables strengthen community bonds and create a supportive network that uplifts all participants, emphasizing the power of collective action and compassion.
This information is meant to be a general summary of Open Table 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.
- Investment Income: $170
- Program Service Revenue: $229,000
- Gross Receipts: $799,020
Assets and Liabilities:
- Total Assets: $231,931
- Total Liabilities: $17,927
- Net Assets: $214,004
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT SERVICE FEES
Revenue
$229,000
Organization Details
Founding Year
2007
Phone
(602) 793-0533Principal Officer
Jonathan Katov
Main Address
7000 N 16TH STREET STE 120-238, PHOENIX, AZ, 85020
Website
www.theopentable.orgNTEE Category
Code: P99 - Human services
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