Centerstone Community Mental Health

What it reported doing in 2012

(company) is affiliated with centerstone of america, inc. Centerstone of america, inc. And its affiliates are private, non-profit corporations that provide multi-funded, locally directed mental health and addiction services to people of all ages. Centerstone of america maintains outpatient clinics in multiple Tennessee and Indiana counties, with the main administrative offices located in nashville, Tennessee. Centerstone of america is the sole corporate member of its primary affiliates and the affiliates share a common leadership team.centerstone of america's primary affiliates include centerstone of Tennessee, centerstone of Indiana, centerstone research institute, vantage point, johnson nichols health clinic and not alone, inc. (now known as centerstone military services).for the 2012 tax year ended june 30, 2013, centerstone of america and its affiliates earned gross revenue of $146 million; employed 2,462 individuals through more than 110 facilities; and, provided services to approximately 84,000 children, adults and families. For the tax year ended june 30, 2013, centerstone of america earned gross revenue of $10,033,967 and used a total of $10,104,254 in carrying out its overall charitable purpose.centerstone of Indiana, inc. Is a community mental health center with more than 60 locations in several counties throughout south central in Indiana. Centerstone of Indiana, inc.'s subsidiaries include centerstone foundation, inc., centerstone supportive housing, llc and independent living. Centerstone of Tennessee, inc. Is a community mental health center with more than 50 locations in various counties throughout Tennessee. Centerstone of Tennessee, inc.'s subsidiaries include advantage behavioral health, centerstone endowment trust, cumberland holding corporation and centerstone housing resources.centerstone research institute, inc. Is a research evaluation organization that exists to improve the quality and effectiveness of behavioral healthcare. Not alone, inc. Provides support services available to veterans, active members of the armed forces and military families. This corporation was renamed centerstone military services, inc. Effective october 1, 2013.vantage point is a provider of outpatient mental health and substance abuse counseling.finally, johnson nichols, inc. Is a health clinic located in Indiana.the trust existed only to benefit centerstone of Tennessee, a nonprofit organization that provides mental health services to middle Tennessee.

Financial Efficiency

• Mission deployment rate: Limited
• Program expense ratio: Limited
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 91.7%; rating input score 92; 19th percentile among comparable filings
• Pay-setting controls: 5 of 6 controls in place; rating input score 83
  • Compensation committee: Missing
  • Independent consultant: Pass
  • 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: Limited
• Major donor itemization: Limited
• Related-party transparency: Limited

Accountability

• Independent voting board: Limited
• Governance controls: 7 of 8 controls in place; rating input score 88
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: Limited
• Total-asset coverage ratio: Limited
• Liabilities to assets ratio: Limited
• Officer compensation ratio: Limited

Growth

• Program expense growth: Limited
• Revenue growth: -50.2% per year; rating input score 0; 18th percentile among comparable filings
• Asset growth: -30.4% per year; rating input score 0; 11th percentile among comparable filings