Behavioral Healthcare Inc

Nonprofit profile at a glance

EIN
841270475
IRS 990 coverage
2013–2018
Forms available
Form 990 2018
Location
Denver, CO, USA
Phone
3038533500
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Mental Health Treatment F31 Psychiatric, Mental Health Hospital

Reported finances

Revenue
$2,916,895
Expenses
$8,642,289
Assets
$2,486,109
Liabilities
$47,643

Source: IRS Form 990. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

24 people listed

Executive titles in this filing

  • RICK DOUCET (PRESIDENT/CHAIR)
  • KELLY PHILLIPS-HENRY (VICE PRESIDENT)
  • M PATRICK STEADMAN (CEO)

Highest reported compensation

  • RICK DOUCET (PRESIDENT/CHAIR): $401,437 total reported compensation
  • WILLIAM HENDRICKS (BOARD TREASURER): $289,308 total reported compensation
  • JENNIFER LACOV (CFO): $234,626 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Bhi provides a continuum of behavioral health services that demonstrates a commitment to superior quality and respect for its members and families. Bhi strives to promote recovery by focusing on the unique needs, strengths, and hopes of members and families.

What it reported doing in 2018

Medicaid contract managed for three Colorado counties, hospital services assistance, and other mental health contracts.

Operating model

Revenue model
Earned-program. 96% of the money available for current operations came from fees and other program revenue.
Distribution model
Grant intermediary. The nonprofit sent 62% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 86
  • Accountability: 77
  • Sustainability: 15
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 81.3%; rating input score 81
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 71st percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 76.9%; rating input score 77; 13th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -196.3%; rating input score 0; 0th percentile among comparable filings
  • Total-asset coverage ratio: 0.29; rating input score 12; 12th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 85; 85th percentile among comparable filings
  • Officer compensation ratio: 19.9%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: -9.6% per year; rating input score 0; 5th percentile among comparable filings
  • Revenue growth: -10.6% per year; rating input score 0; 3rd percentile among comparable filings
  • Asset growth: -10.8% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 81.3% of spending went to programs
  • Governance: 10 of 13 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $7M in reported program spending
  • Leadership: top reported pay $401K · 24 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $45.2M reported
  • Consistency: 27 of 27 current checks pass
  • Schedules: 6 filed schedules · includes grants and executive pay
  • Filing history: 6 filing years from 2013 to 2018
  • Contacts: How to reach this organization
  • Money network: 15 filed money-flow records
  • Related organizations: 6 filed related-organization links
  • 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.

  • High — Sustainability: Operating margin scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 12/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.