Charity Search / OPENET INC
Environment (C32) 990 on File

OPENET INC

EIN: 87-2247137 · LAS VEGAS, NV 89107-2623 · United States · FY 2025 Data
3 out of 5 48 / 100 Based on 2+ years of filings
Financial strength (30%) 78/100
Reliability (20%) 40/100
Effectiveness (25%) 68/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$2.3M
Total Revenue
$2.1M
Total Expenses
$1.5M
Net Assets
3
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 72.5%
Fundraising Efficiency N/A
Operating Reserve 8.44x
Liability-to-Asset 6.5%
Revenue Diversification 67.7%
Executive Compensation $178K
Compared with Peers
FY 2025
Compared with 589 similar organizations (United States, Environment, $1M–$10M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
72.5% 81.1%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
27.5% 12.0%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 4.5%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
8.4 mo 17.2 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
6.5% 6.7%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
67.7% 87.1%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
-10.8% 14.5%
P10P90
Expense growth
Year over year expense growth
29.7% 9.6%
P10P90
Surplus margin
Surplus as a share of revenue
8.9% 7.0%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $2.3M $2.1M $1.5M 72.5% 3
2024 $2.6M $1.6M $1.3M 48.0% 0
2023 $759K $1.7M $311K 80.0% 0
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Organization Details
EIN
87-2247137
State
NV
City
LAS VEGAS
ZIP
89107-2623
Classification
C32
Category
Environment
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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