Overview
What is Open Arms Foundation Inc?
Open Arms Foundation Inc, based in Charleston, West Virginia, operates as an interdenominational para-church organization with a compassionate mission. Their primary focus is on providing charitable and religious support to orphaned and abandoned children in Latin America. The foundation receives monetary donations to fund various initiatives, including prevention, rehabilitation, Christian discipleship, education, job skill training, and re-socialization for street children and pre-street children in the region. With a small team of dedicated individuals, Open Arms Foundation Inc is committed to making a positive impact in the lives of these vulnerable children and their families.
Official website here: www.openarmsfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 64%
Open Arms Foundation Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating a below-average performance in terms of accountability and finance. The organization exhibits strengths such as a fully independent board, with 54% of its members independent, and a complete absence of material diversion of assets. Additionally, it has publicly posted its tax form and has conflict of interest policies in place, which contributes positively to its governance structure.
However, the rating is hindered by several significant weaknesses. The foundation is missing crucial policies, including a whistleblower policy and a document retention and destruction policy, both of which are essential for transparency and accountability. Furthermore, the organization has a liabilities to assets ratio of 131.58%, which raises concerns about its financial sustainability and capacity to manage debt effectively.
Despite these limitations, the foundation maintains a reasonable program expense ratio of 66.81%, indicating that a significant portion of its funds is directed toward its programs. For potential donors, it is important to consider both the strengths and weaknesses highlighted in the evaluation to make informed decisions about supporting the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Open Arms Foundation Inc legitimate?
Open Arms Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Open Arms Foundation 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: $37,820
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.openarmsfoundation.org
What is the mission statement of Open Arms Foundation Inc?
The Open Arms Foundation Inc's mission involves providing support for charitable and religious missions. Specifically, it aims to fund projects in the field of ministering to orphaned and abandoned children in Latin America. Established under the non-profit laws, this organization operates as an interdenominational para-church organization. Its primary goal is to conduct missions, providing prevention, rehabilitation, Christian discipleship, education, job skill training, and re-socialization to street children and pre-street children, as well as their families. The funding from the foundation supports the Fundacion Brazos Abiertos in Colombia, a non-profit Christian entity.
Official website here: www.openarmsfoundation.org
Who is the CEO of Open Arms Foundation Inc?
John C Fowler is the President of Open Arms Foundation Inc.
Official website here: www.openarmsfoundation.org
What is the revenue of Open Arms Foundation Inc?
Open Arms Foundation Inc's revenue in 2022 was $106,146.
Official website here: www.openarmsfoundation.org
Who are the executives of Open Arms Foundation Inc and what are their salaries?
The average compensation at Open Arms Foundation Inc during 2022 was $37,820. There is 1 employee at Open Arms Foundation Inc.
Here are 7 key members and their salaries:
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Official website here: www.openarmsfoundation.org
Where can I find the form 990 for Open Arms Foundation Inc?
Open Arms Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.openarmsfoundation.org
Learn more at the official website: www.openarmsfoundation.org
Mission Statement of Open Arms Foundation Inc
Open Arms Foundation Inc is a nonprofit organization that dedicates its mission to supporting charitable and religious work in Latin America. Established under the nonprofit laws, this interdenominational para-church organization focuses on ministering to orphaned and abandoned children in the region. The foundation receives monetary support to fund various missions, aiming to provide prevention, rehabilitation, Christian discipleship, education, job skill training, and re-socialization to street children and pre-street children, as well as their families. One of the organizations that Open Arms Foundation Inc supports is Fundación Brazos Abiertos, a nonprofit Christian entity based in Colombia. This entity carries out the foundation's mission by offering prevention, rehabilitation, and education, among other services, to vulnerable children and families in Latin America.
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Impact
October, 2024
Open Arms Foundation Inc has a profound impact on the lives of orphaned and abandoned children in Latin America. By providing essential monetary support for missions dedicated to charitable and religious work, the organization focuses on ministering to vulnerable populations, especially in Colombia through the Fundacion Brazos Abiertos.
The foundation plays a crucial role in offering a holistic approach to care for street children and pre-street children, as well as their families. Through programs centered on prevention, rehabilitation, and Christian discipleship, it addresses the immediate needs of these children while empowering them with education, job skill training, and re-socialization opportunities. This comprehensive support not only alleviates the immediate challenges faced by these children but also equips them with the tools for a more hopeful and sustainable future.
By fostering a collaborative effort within an interdenominational framework, Open Arms Foundation Inc promotes community engagement and shared responsibility, making a significant difference in the lives of those it serves in Latin America and beyond.
This information is meant to be a general summary of Open Arms Foundation 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.
- Gross Receipts: $106,146
Assets and Liabilities:
- Total Assets: $13,626
- Total Liabilities: $17,930
- Net Assets: -$4,304
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Organization Details
Founding Year
1995
Principal Officer
John C Fowler
Main Address
5345 BIG TYLER ROAD, CHARLESTON, WV, 25313
Website
www.openarmsfoundation.orgNTEE Category
Code: Q330 - International
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