Open Health Foundation Inc

Nonprofit profile at a glance

EIN
873789777
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024, Form 990-N 2022
Location
Baton Rouge, LA, USA
Phone
2254241800
Rating
63
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Single Organization Support

Reported finances

Revenue
$155,754
Expenses
$1,418
Assets
$325,859
Liabilities
$21,523

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

Leadership & pay

6 people listed

Executive titles in this filing

  • Tim Young (CEO)

People named in this filing

  • Billy Dudley (Chariman)
  • Mathhew Walton (Director)
  • Pamala Elllis (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

Open Health Foundation's mision is to support and ensure the long term sustainability of HIV/AIDS Alliance for Region Two, Inc.

What it reported doing in 2024

Open Health Foundation received IRS approval of its non-profit status late in 2023. A yearend donation in the amount of $150,000 was received from the supported organization, HIV/Aids Alliance for Region Two, Inc. dba Open Health Care Clinic, as seed-money to support start-up activities. Plans for 2024 include building out the foundation board, establishing a management agreement with the supported organization, and planning for future fundraising activities

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 32
  • Transparency & Controls: 100
  • Sustainability: 87
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0.8%; rating input score 1
  • Program expense ratio: 84.6%; rating input score 85

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 99.1%; rating input score 100; 100th percentile among comparable filings
  • Total-asset coverage ratio: 229.8; rating input score 100; 100th percentile among comparable filings
  • Liabilities to assets ratio: 0.07; rating input score 28; 28th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 3.8% per year; rating input score 100; 41st percentile among comparable filings
  • Asset growth: 73.9% per year; rating input score 100; 97th percentile among comparable filings

Details

  • Where the money goes: 0.8% of revenue deployed · 84.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $1K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • 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 — Financial Efficiency: Mission deployment rate scored 1/100.
  • High — Sustainability: Liabilities to assets ratio scored 28/100.