Open USA FY2022 filing
Promotes the Gospel of Jesus Christ to alleviate poverty, prejudice, and discrimination. For fiscal year 2022 it reported $498K in revenue, $475K in expenses, and $761K in net assets.Pt I
- Type
- Public charity (501(c)(3)) · International
- Location
- Mount Clemens, MI
- Website
- www.openusa.net
- Filings
- 5 on file (2021–2022)
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Summary of the Filing
Where the work happens
Connect/Coach/Mentor/Loans
Educate, mentor, encourage and share best practices with those involved in B4T businesses. Coaches and mentors meet regularly for training and to prepare them to help B4T workers excel in their businesses and in their ability to transform the lives of those they encounter. More than 130 B4T workers were coached AND/OR mentored.
B4t Promotion
Educate and share best practices with students, business professionals, churches and other organizations while encouraging them to start or partner with a B4T business. 67 people completed our 7-MONTH B4T champions training. Another 11 started the training. Kept leaders from approximately 150 churches informed about B4T.
Internships/Apprenticeships
Provided a pathway, training, and consulting for future B4T workers and their organizations that desire hands-on experience in economically disadvantaged communities. 4 university students were matched with a B4T business to work as interns as a for-credit component of their degree.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 92% | — | — |
| Overhead ratio | 7% | — | — |
| Fundraising cost ratio | 2% | — | — |
| Revenue growth | -11% | — | — |
| Investment management fee ratio | 0% | — | — |
| Legal fee ratio | 0% | — | — |
| Accounting fee ratio | 0.9% | — | — |
| Fundraising fee ratio | 0% | — | — |
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
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Filings & Schedule Manifest
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