Open Hearth Community Center Inc
Nonprofit profile at a glance
- EIN
- 202835539
- IRS 990-EZ coverage
- 2013–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Waitsfield, VT, USA
- Phone
- 8024969942
- Rating
- 42
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $184,894
- Expenses
- $180,367
- Assets
- $178,672
- Liabilities
- $54,674
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- Erika Weir (President)
People named in this filing
- Erika Weir (President)
- Kaiya Korb (Treasurer)
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
See schedule O
What it reported doing in 2024
Mad River Mentoring program which is a program that serves the youth in the Mad River Valley by matching adult mentors
Operating model
- Revenue model
- Earned-program. 87% of the money available for current operations came from fees and other program revenue.
- 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
MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 15
- Transparency & Controls: 74
- Sustainability: 46
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 15%; rating input score 15
- Program expense ratio: 15.5%; rating input score 16
Transparency & Controls
- Consistency checks: 90%; rating input score 90; 1st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 2.4%; rating input score 41; 41st percentile among comparable filings
- Total-asset coverage ratio: 0.99; rating input score 59; 59th percentile among comparable filings
- Liabilities to assets ratio: 0.31; rating input score 14; 14th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -9.1% per year; rating input score 0; 15th percentile among comparable filings
- Revenue growth: 10.1% per year; rating input score 100; 67th percentile among comparable filings
- Asset growth: 12.7% per year; rating input score 100; 68th percentile among comparable filings
Details
- Where the money goes: 15% of revenue deployed · 15.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $28K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 10 filing years from 2013 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 15/100.
- High — Financial Efficiency: Program expense ratio scored 16/100.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 41/100.
- Review — Sustainability: Total-asset coverage ratio scored 59/100.
- High — Sustainability: Liabilities to assets ratio scored 14/100.