Open Connections INC EIN 23-2069406

Open Connections INC

EIN  23-2069406 Public charity (501(c)(3)) Newtown Sq, PA
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Size
$100K–1M
What they do
Empowers youth and adults with tools to build purposeful, fulfilling lives through innovative education and community support.
Leadership
Rick Sleutaris JR · Co-Director · $118K
Money in and out
$901K revenue, $1.2M expenses
Bottom line
75% program efficiency

Empowers youth and adults with tools to build purposeful, fulfilling lives through innovative education and community support. For fiscal year 2025 it reported $901K in revenue, $1.2M in expenses, and $5.3M in net assets.Pt I

Where the money goes · FY2025
Total revenue
$901K
Pt VIII · Ln 12
Total expenses
$1.2M
Pt IX · Ln 25
Net assets
$5.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$255K
Where spending went · Part IX cols B–D
Program services $0.75 Management & general $0.20 Fundraising $0.05
Program efficiency
75%
of spending reaches programs▼ -2% vs prior filing year
Operating runway
21.4mo
months of highly liquid reserves at operating expense rate▼ -2% vs prior filing year
Surplus margin
-28%
revenue over expenses, this year▼ -41% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$901K
FY2025▼ -1%
Expenses
$1.2M
FY2025▲ +5%
Total assets
$5.7M
FY20250%
Total liabilities
$415K
FY2025▲ +31%
Total revenue
$901K
Pt VIII · Ln 12
Total expenses
$1.2M
Pt IX · Ln 25
Net assets
$5.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$255K
Total assetsPt X · Ln 16$5.7M
Program-expense ratioPt IX · col B75%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

1 program service account for $865K of program spending, described in the organization's own filed words · FY2024.
01

Empowering people to create the life they want, full of purpose and fulfillment by offering programs and services that provide opportunities to develop and nurture healthy connections with self, others, and learning.

$865Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COpen Connections INC
EINHdr · item D23-2069406
Principal addressHdr · item CNewtown Sq, PA
WebsiteHdr · item Jwww.openconnections.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFYouth Development (O50)
Ruling yearIRS BMFJun 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$118,374Pt VII · Sec A
Co-Director
$67,808Pt VII · Sec A
Board Member
$1,720Pt VII · Sec A
Board Member
$95Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Rick Sleutaris JR’s $118K as Co-Director is at the 93rd percentile of top reported officer pay among 1984 $100K–1M youth development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Rick Sleutaris JR$118,374
Sarah Becker$67,808
Lisa Huis$1,720$1,475$17,350$17,946$16,936$14,420
Anton Andrew$640
Lee Wisdom$95

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$799K · 89%
Investment income$39K · 4%
Other revenue$33K · 4%
Contributions & grants$30K · 3%
Program service revenue89%$799K
Investment income4%$39K
Other revenue4%$33K
Contributions & grants3%$30K
Total revenueLn 12$901K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.75 Management & general $0.20 Fundraising $0.05
Program services75%$865K
Management & general20%$232K
Fundraising5%$59K
Total functional expensesLn 25$1.2M

Balance Sheet

Part X · end of year
CashLn 1$459K
Total assetsLn 16$5.7M
Total liabilitiesLn 26$415K
Total net assetsLn 32$5.3M
Months of cash on handcomputed4.8

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.1M · Operating expenses/yr $1.2M
21.4 months
Where the money goes
Program services
Program services $865K · Total expenses $1.2M
75%
Management & General
Management & general $232K · Total expenses $1.2M
20%
Fundraising
Fundraising $59K · Total expenses $1.2M
5%
Cost to raise $1
Fundraising expense (3-yr avg) $50K · Solicited contributions (3-yr avg) $50K
$0.99 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $30K · Total revenue $901K
3%
Government reliance
Government grants — · Total revenue $901K
Earned-income share
Program service revenue $799K · Total revenue $901K
89%
Investment reliance
Investment income $39K · Total revenue $901K
+4%
Program self-sufficiency
Program service revenue $799K · Total expenses $1.2M
69%
Growth & trend
Revenue growth (YoY)
This year $901K · Prior year $914K
-1%
Revenue CAGR
FY2019 $1.6M · FY2024 $901K
-11%
Net-asset trend (YoY)
End of year $5.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $901K · Expenses $1.2M
-28%
Liabilities-to-Assets
Total liabilities — · Total assets $5.7M
Net-asset ratio
Net assets $5.3M · Total assets $5.7M
93%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1.6M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $5.7M
28%
People & payroll
Highest Reported Total Compensation
Individual Rick Sleutaris JR · Reported title CO-DIRECTOR · Highest reported compensation $118K · Total expenses $1.2M
10%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $773K · Total expenses $1.2M
67%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 75%
Overhead ratio 20%
Fundraising cost ratio 198%
Revenue growth -1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$750

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$901K revenue · viewing · ⤓ 990 PDF
FY2024$914K revenue · ⤓ 990 PDF
FY2023$802K revenue · ⤓ 990 PDF
FY2022$1.2M revenue · ⤓ 990 PDF
FY2021$417K revenue · ⤓ 990 PDF
FY2020$1.6M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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