OPEN ARMS CHILD DEVELOPMENT CENTER
Mission Statement
The mission of Open Arms Lutheran Child Development Center of Buckhead is to serve Atlanta-area families by providing a high-quality early childhood education that is centered on the truth, goodness and beauty of the Christian faith. The Open Arms staff is ever mindful that parents are the primary educators of their children, and so focus on supporting that teaching role of parents while also nurturing the child and encouraging their growth and development. It is our vision . . . To value each child as a unique and special child of God, encouraging individuality and promoting self-esteem To provide a balanced program to meet the total needs of the child to grow spiritually, socially, emotionally, intellectually, and physically To value a child’s play experience as an avenue of learning To provide a developmentally-appropriate program for all children of any race, creed, nationality, or ethnic origin To provide a safe, stimulating, hands-on environment in which children can interact with others and increase in ability and knowledge within a small group experience Finally, to nurture the spiritual and professional development of our staff, thereby enriching their lives.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
76.1% | 85.5% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
23.9% | 11.3% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.4% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
5.8 mo | 8.5 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.1% | 13.3% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.7% | 93.2% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-6.0% | 7.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
19.4% | 7.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-0.6% | 1.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $1.9M | $1.9M | $906K | 76.1% | 45 |
| 2023 | $2.0M | $1.6M | $916K | 72.7% | 45 |
| 2022 | $1.9M | $1.5M | $504K | 82.2% | 32 |
| 2021 | $1.6M | $1.3M | N/A | — | 35 |
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