Friends of Loudoun County Mental Health Inc
Nonprofit profile at a glance
- EIN
- 510246519
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990 2020, Form 990-EZ 2024
- Location
- Leesburg, VA, USA
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $90,555
- Expenses
- $96,458
- Assets
- $158,588
- Liabilities
- $6,101
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Katrina Cole (President)
People named in this filing
- Katrina Cole (President)
- Annette Hartung (Treasurer)
- Elizabeth Newberry (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Mission Statement - Connection those affected by mental illness to health financial and spiritual assistance while treating individuals with compassion and respect. Vision - a Loudoun County in which those with mental illness are treated equally in all aspects of their lives.
What it reported doing in 2024
A Place to Call Home program assisted 39 households with rental assistance averaging $500 per month per household. Assisted Loudoun county residents disabled with mental illness by keeping them in a safe clean housing environment.
Operating model
- Revenue model
- Donor-supported. 92% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 100
- Sustainability: 37
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 91.3%; rating input score 91
- Program expense ratio: 85%; rating input score 85
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -6.5%; rating input score 34; 34th percentile among comparable filings
- Total-asset coverage ratio: 1.64; rating input score 60; 60th percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 22; 22nd percentile among comparable filings
- Officer compensation ratio: 18.6%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: 18.7% per year; rating input score 100; 81st percentile among comparable filings
- Revenue growth: -6.5% per year; rating input score 0; 31st percentile among comparable filings
- Asset growth: 5.7% per year; rating input score 100; 60th percentile among comparable filings
Details
- Where the money goes: 91.3% of revenue deployed · 85% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $82K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2022 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.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 34/100.
- High — Sustainability: Officer compensation ratio scored 8/100.
- High — Sustainability: Liabilities to assets ratio scored 22/100.