Mba Opens Doors Foundation

Nonprofit profile at a glance

EIN
320355086
IRS 990 coverage
2013–2024
Forms available
Form 990 2024, Form 990-EZ 2012
Location
Washington, DC, USA
Phone
2025572700
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Fund Raising and Fund Distribution

Official website

Reported finances

Revenue
$4,262,283
Expenses
$3,084,138
Assets
$8,834,000
Liabilities
$34,789

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

27 people listed

Executive titles in this filing

  • ROBERT BROEKSMIT (ODF DIRECTOR, MBA PRESIDENT)
  • DEBORAH DUBOIS (ODF PRESIDENT)

Highest reported compensation

  • ROBERT BROEKSMIT (ODF DIRECTOR, MBA PRESIDENT): $2,224,745 total reported compensation
  • MICHAEL BRIGGS (ODF SECRETARY & GENERAL COUNSEL): $436,612 total reported compensation
  • LISA HAYNES (ODF TREASURER UNTIL 9/30/24): $415,235 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose of the corporation is to create and deliver programs that provide charitable assistance to families with critically ill or injured children for the purpose of aiding in the security of their homes.in january 2025, the opens doors foundation created a special program called the disaster relief program, which was designed to assist families impacted by the wildfires in so California. The program has the same mission and similar criteria for eligibility but was limited to families with a child in treatment at la children's hospital. The disaster relief program is now open to all opens doors hospital partners and will continue to be available until the program has expended the funds available or until the program receives additional funding.

What it reported doing in 2024

Mba opens doors foundation (odf) was created to sponsor philanthropic activities focused on helping families maintain their homes, as well as to provide charitable support. Odf's first initiative makes mortgage and rental assistance payment grants to parents and guardians with critically ill or injured children, allowing them to take unpaid leave from work and spend precious time together without jeopardizing their cherished homes, consistent with permissible charitable activities for tax-exempt organizations authorized under section 501(c)(3) of the internal revenue code.the mba opens doors foundation mortgage and rental grant assistance initiative is a program by which designated health care providers identify and provide home grant program information to families that may benefit from financial support.the mba opens doors foundation (odf):- identifies and facilitates the designation of additional healthcare providers.- established its first designated health care provider in the Washington, dc metropolitan area: the children's national medical center. Since establishing its relationship with children's national medical center, the foundation has designated 12 more health care providers around the country and is currently receiving grants from 13 providers for the current reporting period.in january 2025, the opens doors foundation created a special program called the disaster relief program, which was designed to assist families impacted by the wildfires in so California. The program has the same mission and similar criteria for eligibility but was limited to families with a child in treatment at la children's hospital. The disaster relief program is now open to all opens doors hospital partners and will continue to be available until the program has expended the funds available or until the program receives additional funding.

Operating model

Revenue model
Donor-supported. 96% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 71
  • Accountability: 86
  • Sustainability: 73
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 72.1%; rating input score 72
  • Program expense ratio: 97.9%; rating input score 98
  • Fundraising efficiency: $280.26 raised per $1 spent on fundraising; rating input score 93; 93rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 90.9%; rating input score 91; 21st percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 27.6%; rating input score 83; 83rd percentile among comparable filings
  • Total-asset coverage ratio: 2.86; rating input score 72; 72nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 89; 89th percentile among comparable filings
  • Officer compensation ratio: 14.1%; rating input score 20; 20th percentile among comparable filings

Growth

  • Program expense growth: 17.5% per year; rating input score 100; 82nd percentile among comparable filings
  • Revenue growth: 14.9% per year; rating input score 100; 81st percentile among comparable filings
  • Asset growth: 16.9% per year; rating input score 100; 78th percentile among comparable filings

Details

  • Where the money goes: 72.1% of revenue deployed · 97.9% of spending went to programs
  • Governance: 20 of 22 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $3M in reported program spending
  • Leadership: top reported pay $2.2M · 27 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 26 of 26 current checks pass
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 12 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: 5 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Sustainability: Officer compensation ratio scored 20/100.