Centerstone of Tennessee Inc
Nonprofit profile at a glance
- EIN
- 621674308
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Nashville, TN, USA
- Phone
- 6154636600
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Mental Health, Crisis Intervention N.E.C.
Reported finances
- Revenue
- $172,046,133
- Expenses
- $162,019,305
- Assets
- $73,699,618
- Liabilities
- $23,244,793
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
20 people listed
Executive titles in this filing
- BENJAMIN K MIDDLETON (CEO)
Highest reported compensation
- BERT ALLEN HARTMAN (SR REGIONAL PSYCHIATRIST): $453,756 total reported compensation
- BENJAMIN K MIDDLETON (CEO): $398,654 total reported compensation
- KIABE SUPUWOOD-ALLEN (PSYCHIATRIST): $328,702 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is "delivering care that changes people's lives"
What it reported doing in 2024
Other-spotlight Tennessee:1. Tennessee health linkcenterstone health link is designed to deliver whole-person, integrated behavioral health, and primary care coordination. Upon enrollment, a dedicated team of professionals accesses the medical care and mental health services the individual may need, with the flexibility to support the individual in the most effective ways. Together, they focus on recovery and improving quality of life, reaching full potential, prevention, early detection, and control of chronic conditions.2. Steven a. Cohen military family clinics at centerstonethe steven a. Cohen military family clinics at centerstone provide critical behavioral health services for veterans, national guardsmen, reservists, and their families. Centerstone's military family clinics provide state of the art, evidenced-based, culturally competent, person-centered therapy for all mental health concerns. Centerstone and the cohen veterans network first partnered on the steven a. Cohen military family clinic at centerstone in clarksville, tn, in 2018 and since then have opened 3 additional clinics in jacksonville fl, fayetteville, nc, and hinesville, ga.3. School based servicescenterstone provides school-based therapy services in over 200 schools in Tennessee. School based services include master's level therapists who work on-site at schools to help children and teens from kindergarten through high school cope with behavioral or mental health concerns. School-based therapists provide treatment evaluations and assessments, individual therapy, recommendations, and connections to other resources when necessary. And centerstone's school-based therapists provide treatment for many behavioral health concerns including adjustment / mood disorders, behavioral, or anger issues; trauma; trouble with regulating emotions; poor academic performance; and disruptive behavior.
Operating model
- Revenue model
- Earned-program. 75% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 95
- Accountability: 95
- Sustainability: 48
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 81%; rating input score 81
- Program expense ratio: 85.9%; rating input score 86
- Fundraising efficiency: $66.08 raised per $1 spent on fundraising; rating input score 79; 79th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th 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: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- 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: 5.8%; rating input score 60; 60th percentile among comparable filings
- Total-asset coverage ratio: 0.45; rating input score 16; 16th percentile among comparable filings
- Liabilities to assets ratio: 0.32; rating input score 54; 54th percentile among comparable filings
- Officer compensation ratio: 1.2%; rating input score 70; 70th percentile among comparable filings
Growth
- Program expense growth: 6.7% per year; rating input score 100; 54th percentile among comparable filings
- Revenue growth: 6.1% per year; rating input score 100; 54th percentile among comparable filings
- Asset growth: 4.5% per year; rating input score 100; 31st percentile among comparable filings
Details
- Where the money goes: 81% of revenue deployed · 85.9% of spending went to programs
- Governance: 12 of 12 board members independent · 8 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $139.2M in reported program spending
- Leadership: top reported pay $454K · 20 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $8M reported
- Consistency: 34 of 34 current checks pass
- Schedules: 7 filed schedules · includes major donors and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- Related organizations: 30 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.
- 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 — Sustainability: Total-asset coverage ratio scored 16/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Review — Sustainability: Liabilities to assets ratio scored 54/100.