Arcus Behavioral Health and Wellness Inc
Nonprofit profile at a glance
- EIN
- 822095881
- IRS 990 coverage
- 2019–2024
- Forms available
- Form 990 2024, Form 990-N 2018
- Location
- Chicago, IL, USA
- Phone
- 7732501769
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community Mental Health Center
Reported finances
- Revenue
- $1,378,096
- Expenses
- $1,348,414
- Assets
- $270,075
- Liabilities
- $174,475
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- Victor R Perez (Board President)
- Louis V Haynes (Executive Director/Ex Offi)
Highest reported compensation
- Louis V Haynes (Executive Director/Ex Offi): $143,114 total reported compensation
- Mathew King (Clinical Therapist): $103,845 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Founded in 2017, Arcus Behavioral Health & Wellness, Inc. is a Section 501(c)3 organization with the mission to empower people to improve their socio-emotional well-being through compassion, counseling, psychotherapy, and community education. Arcus provides all such services on a charitable basis in order to provide wide accessibility to persons in financial need. To accomplish these purposes, Arcus provides psychological, counseling/therapy, and other behavioral health clinical services.
What it reported doing in 2024
In 2022, using donations from the City of Chicago as well as from individual donations, we have continued to subsidize our clients so that they can access and afford high quality mental health care without passing the costs on to our employees, which often results in nonprofit burnout and high turnover. Of our 503 clients and families we have seen in 2022, over 40% of them have received some form of support from us either through direct subsidy or writing off their balances. Our clients include under-insured (high deductible insurance plans) as well as uninsured (including individuals and families who are ineligible for Medicare or Medicaid). Over 45% of our clients are ethnic/cultural minorities and 50% of our clients are LGBTQ-identified.
Operating model
- Revenue model
- Earned-program. 94% 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
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 92
- Accountability: 85
- Sustainability: 26
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 72.7%; rating input score 73
- Program expense ratio: 74.3%; rating input score 74
- Fundraising efficiency: $0.85 raised per $1 spent on fundraising; rating input score 3; 3rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 83.3%; rating input score 83; 19th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Limited
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 2.2%; rating input score 42; 42nd percentile among comparable filings
- Total-asset coverage ratio: 0.2; rating input score 9; 9th percentile among comparable filings
- Liabilities to assets ratio: 0.65; rating input score 12; 12th percentile among comparable filings
- Officer compensation ratio: 18.3%; rating input score 17; 17th percentile among comparable filings
Growth
- Program expense growth: 26.9% per year; rating input score 100; 88th percentile among comparable filings
- Revenue growth: 23.1% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: 32.2% per year; rating input score 100; 92nd percentile among comparable filings
Details
- Where the money goes: 72.7% of revenue deployed · 74.3% of spending went to programs
- Governance: 5 of 6 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $1M in reported program spending
- Leadership: top reported pay $143K · 10 people listed
- Consistency: 32 of 32 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 6 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 3/100.
- Moderate — Sustainability: Operating margin scored 42/100.
- High — Sustainability: Total-asset coverage ratio scored 9/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- High — Sustainability: Liabilities to assets ratio scored 12/100.
- High — Sustainability: Officer compensation ratio scored 17/100.