Core Treatment Services Inc

Nonprofit profile at a glance

EIN
843116096
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
Manitowoc, WI, USA
Phone
9206631035
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Alcohol, Drug Abuse, Treatment Only

Reported finances

Revenue
$3,616,848
Expenses
$3,705,246
Assets
$2,912,922
Liabilities
$1,641,612

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

Leadership & pay

11 people listed

Executive titles in this filing

  • CARMEN PERSAUD (CO-EXECUTIVE DIRECTOR)
  • CHRIS GILBERT (CO-EXECUTIVE DIRECTOR)

Highest reported compensation

  • CARMEN PERSAUD (CO-EXECUTIVE DIRECTOR): $125,594 total reported compensation
  • CHRIS GILBERT (CO-EXECUTIVE DIRECTOR): $113,900 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 believe in the hope and promise for people who want something better than the destruction of substance use disorder. We will help people find the residential and day treatment options, emotional tools, social connectedness, and employment opportunities for treatment of adults who struggle with substance use disorder and/or mental health issues with evidenced based treatment in a residential and outpatient treatment setting.

What it reported doing in 2024

Treatment of adults who struggle with substance use disorder and/or mental health issues with evidenced based treatment in a residential and outpatient treatment setting. Treatment of children, adolescents and adults who struggle with mental health with evidenced based treatment in an outpatient setting. We strive to help our community become healthy by treating individuals and helping them on the road to recovery. In 2024, we treated over 1,000 individuals throughout our agency.

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 most voting board members are independent. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 58
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 28
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 62.6%; rating input score 63
  • Program expense ratio: 61.1%; rating input score 61
  • Fundraising efficiency: $6.14 raised per $1 spent on fundraising; rating input score 22; 22nd 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: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -2.4%; rating input score 25; 25th percentile among comparable filings
  • Total-asset coverage ratio: 0.79; rating input score 29; 29th percentile among comparable filings
  • Liabilities to assets ratio: 0.56; rating input score 18; 18th percentile among comparable filings
  • Officer compensation ratio: 6.5%; rating input score 44; 44th percentile among comparable filings

Growth

  • Program expense growth: 34.2% per year; rating input score 100; 94th percentile among comparable filings
  • Revenue growth: 27.8% per year; rating input score 100; 93rd percentile among comparable filings
  • Asset growth: 28.6% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • Where the money goes: 62.6% of revenue deployed · 61.1% of spending went to programs
  • Governance: 9 of 9 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $2.3M in reported program spending
  • Leadership: top reported pay $126K · 11 people listed
  • Consistency: 33 of 33 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 4 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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 22/100.
  • High — Sustainability: Operating margin scored 25/100.
  • High — Sustainability: Total-asset coverage ratio scored 29/100.
  • High — Sustainability: Liabilities to assets ratio scored 18/100.
  • Moderate — Sustainability: Officer compensation ratio scored 44/100.