Overview
What is Open Usa?
Open Usa, based in Mt Clemens, Michigan, is a nonprofit organization dedicated to alleviating poverty, prejudice, and discrimination. They achieve this mission by promoting the Gospel of Jesus Christ. Through their activities, they aim to energize and empower individuals and churches by offering training, consulting, and investment services. These services aim to bring spiritual and economic transformation via business among the least reached communities. Open Usa also engages in Best Practices promotion, educating various groups such as students, business professionals, churches, and organizations. Their initiatives have seen 67 individuals complete their 7-month B4T Champions Training, with another 11 starting the program. They also keep leaders from approximately 150 churches informed about their mission. Additionally, they collaborate with other organizations to funnel long-term interested future workers to their cause.
Official website here: www.openusa.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star Rating)
Open USA has received a Three-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and finance with an overall score of 83%. This rating is based entirely on the Accountability & Finance score, indicating that the organization is performing well in these areas, which are crucial for donor trust and transparency.
The organization boasts a fully independent board, with 10 out of 10 members being independent, contributing to its strong governance. It also demonstrates high standards in various accountability metrics, such as having no material diversion of assets and maintaining a solid liability to assets ratio of 0.70%. Furthermore, the program expense ratio is notably high at 89.58%, suggesting that a significant portion of its funds is directed towards its mission-related activities.
However, while Open USA excels in many metrics, it has a notable gap in its policies, specifically the absence of a whistleblower policy and document retention and destruction policy. These missing elements could indicate areas for improvement in governance practices. Overall, the organization appears to be financially responsible and committed to its mission, but addressing these policy gaps may enhance its accountability further.
This AI summary has been generated from information found on Charity Navigator.
Is Open Usa legitimate?
Open Usa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Open Usa 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:
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Official website here: www.openusa.net
What is the mission statement of Open Usa?
Open USA's mission is centered around alleviating poverty, prejudice, and discrimination. They achieve this by promoting the teachings of Jesus Christ. Additionally, Open USA empowers individuals and churches through training, consulting, and investment services with the goal of bringing both spiritual and economic transformation through business among the least reached communities. They actively engage in educating and sharing best practices with students, business professionals, churches, and other organizations, encouraging them to start or partner with a Business for Transformation (B4T) enterprise. Open USA has also trained 67 individuals through their 7-month B4T Champions program, with another 11 currently undergoing training. Furthermore, they keep leaders from approximately 150 churches informed about B4T, and have collaborated with one organization to funnel long-term interested future workers to Open USA.
Official website here: www.openusa.net
Who is the CEO of Open Usa?
Greg Marsh is the President Director of Open Usa.
Official website here: www.openusa.net
What is the revenue of Open Usa?
Open Usa's revenue in 2022 was $497,768.
Official website here: www.openusa.net
Who are the executives of Open Usa and what are their salaries?
There 40 volunteers at Open Usa.
Here are 11 key members and their salaries:
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Official website here: www.openusa.net
Where can I find the form 990 for Open Usa?
Open Usa's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.openusa.net
Learn more at the official website: www.openusa.net
Mission Statement of Open Usa
Open USA, as a nonprofit organization, is committed to alleviating poverty, prejudice, and discrimination. They accomplish this mission by promoting the teachings of Jesus Christ. To achieve this goal, Open USA engages in various activities, including training, consulting, and investment services. Their aim is to spark spiritual and economic transformation through business among the least reached populations.
Open USA's approach is unique in that it empowers individuals and churches to take action. They do this by educating and sharing best practices with students, business professionals, churches, and other organizations. This encouragement often leads to the start or partnership with a Business as Mission (B4T) business. Open USA's efforts in this area have been fruitful, with 67 individuals completing their 7-month B4T Champions training and another 11 individuals starting the training. Additionally, Open USA keeps leaders from approximately 150 churches informed about B4T.
Furthermore, Open USA has established collaborations with other organizations to funnel long-term interested future workers to their cause. This collaboration reinforces Open USA's commitment to making a tangible impact in the lives of the less fortunate, instilling hope and transforming communities.
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Impact
July, 2024
Open Usa's impact is focused on alleviating poverty, prejudice, and discrimination by promoting the gospel of Jesus Christ. Through their Business for Transformation (B4T) promotion efforts, they educate and share best practices with students, business professionals, churches, and other organizations, encouraging them to start or partner with a B4T business. So far, 67 people have completed their 7-month B4T Champions training, with another 11 starting the training. Open Usa has also kept leaders from approximately 150 churches informed about B4T and secured a collaborating organization that has signed an MOU to funnel long-term-interested future workers to Open. Their mission of energizing and empowering individuals and churches through training, consulting, and investment services aims to bring about spiritual and economic transformation via business among the least reached.
This information is meant to be a general summary of Open Usa. 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: $14,617
- Program Service Revenue: $114,867
- Gross Receipts: $498,600
Assets and Liabilities:
- Total Assets: $802,611
- Total Liabilities: $41,963
- Net Assets: $760,648
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
B4T PROMOTION
Revenue
$98,922
INTERNSHIP APPRENTICESHIP
Revenue
$4,575
CONNECT COACH MENTOR LOANS
Revenue
$11,370
Organization Details
Founding Year
2012
Phone
(586) 697-0248Principal Officer
Greg Marsh
Main Address
PO Box 988, Mt Clemens, MI, 48046
Website
www.openusa.netNTEE Category
Code: Q32 - International
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