Artvango Therapeutic Services Inc

Nonprofit profile at a glance

EIN
822427166
IRS 990 coverage
2020–2024
Forms available
Form 990 2024, Form 990-N 2019
Location
San Antonio, TX, USA
Phone
2103872218
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$730,215
Expenses
$487,868
Assets
$386,209
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

  • Yadira G Puente (President and CEO)

Highest reported compensation

  • Carrie Simonds (Therapeutic Service Program Director): $207,666 total reported compensation
  • Yadira G Puente (President and CEO): $131,722 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We provide various forms of expressive therapies to children in foster care and those adopted from the Bexar County foster care system. Expressive forms of therapy include: art, music, play, meditation, animal assisted therapy and EMDR therapy. This wide range of expressive forms of therapy is focused on providing therapy that is tailored to each child's age and developmental stage in life in order for them to self-express in a form that is safe and inviting. A trauma-centered therapist provides monthly parent support groups to foster, adoptive, and kinship families whom are in need of practical parenting solutions. This will empowered not only the child, but the entire family with the essential therapeutic tools to better handle daily situations with their children, as well as to gain a better understanding on how trauma affects the brain.

What it reported doing in 2024

City of San Antonio, American Rescue Plan Act (ARPA) COVID-19 IMPACT AREAS to address the increased social isolation, anxiety, depression, and suicide in school age youth and increase access to mental health care for school-aged children and youth ages 12-19 years old. Artvango's main objective is to increase our psycho-therapy program activities and ability to increase staff will impact the targeted community by providing an opportunity for us to decrease the wait time for services and increase the number of youths we can serve. This will help reduce wait times for initial and critically needed services. Our program links to the targeted impact area by expanding access to mental health care for children and youth ages 2-19 with an equity access score of 6 or above who are already at a high risk of hospitalization and suicidal ideation given their status in the foster care system. Enabling foster youth to access care in a timely manner with no wait times will greatly improve their mental health outcomes, the success of their placements, and the negative consequences that can come from waiting for critically needed mental health care that has been described above. Counseling fees will be collected through insurance when applicable. LPC-Associates who are not fully licensed by the state of TX are not able to submit charges for insurance reimbursement. COSA funding will alleviate the financial cost of increasing our staff in order to serve the large number of youths affected by trauma, abuse and neglect.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 71
  • Transparency & Controls: 64
  • Accountability: 82
  • Sustainability: 62
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 66.8%; rating input score 67
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90%; rating input score 90; 5th percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 9 controls in place; rating input score 56
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 33.2%; rating input score 86; 86th percentile among comparable filings
  • Total-asset coverage ratio: 0.79; rating input score 35; 35th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
  • Officer compensation ratio: 34.8%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: 34.8% per year; rating input score 100; 92nd percentile among comparable filings
  • Revenue growth: 42% per year; rating input score 100; 95th percentile among comparable filings
  • Asset growth: 53.7% per year; rating input score 100; 97th percentile among comparable filings

Details

  • Where the money goes: 66.8% of revenue deployed · 100% of spending went to programs
  • Governance: 7 of 7 board members independent · 5 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $488K in reported program spending
  • Leadership: top reported pay $208K · 2 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 38 of 39 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes major donors and executive pay
  • Filing history: 5 filing years from 2020 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.