Group Foundation for Advancing Mental Health Inc

Nonprofit profile at a glance

EIN
136161730
IRS 990 coverage
2009–2024
Forms available
Form 990 2024, Form 990-EZ 2018
Location
New York, NY, USA
Phone
2124772677
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Community Mental Health Center

Official website

Reported finances

Revenue
$424,608
Expenses
$698,758
Assets
$8,010,475
Liabilities
$2,550,273

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

Leadership & pay

22 people listed

People named in this filing

  • Karen Eberwein (Director)
  • Kelechi Fluitt (Director)
  • Leonardo Leiderman (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Group Foundation for Advancing Mental Health is a philantrophic organization dedicated to change lives through therapeutic group work by advancing the most effective and innovative approaches to group therapy education, training, research and community outreach.

What it reported doing in 2024

The Group Foundation advocates for and supports the research, education/training and community programs to assure the advancement of the most innovative group work to enhance peoples lives. Evidence is now clear that group interventions are at the forefront of treatments to heal trauma, improve individual, family, and workplace relationships, to treat psychological conditions, and to aid the military and their families in dealing with the psychological impact of war. In short, Group changes lives. With the knowledge that groups change lives and promote mental health, the Group Foundation is dedicated to supporting the advancement of evidenced based group interventions and research, supporting the education and training of effective group leaders, and supporting community outreach and the dissemination of information for the benefit of the public and professional communities. Over the years, the gifts from our generous donors have allowed The Group Foundation to establish programs to advance education and training in group psychotherapy, establish the Tnternational Board for Certification of Group Psychotherapists, award innovative research and community outreach projects, fund training manuals for group work and provide AGPA annual meeting scholarships and overall support for meeting, through underwriting grants and the endowment of events.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Grant intermediary. The nonprofit sent 91% 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. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 90
  • Accountability: 88
  • Sustainability: 39
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 99.3%; rating input score 99
  • Program expense ratio: 59.9%; rating input score 60
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 93.8%; rating input score 94; 27th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
  • 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: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -64.6%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 11.46; rating input score 91; 91st percentile among comparable filings
  • Liabilities to assets ratio: 0.32; rating input score 15; 15th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: -4.7% per year; rating input score 0; 17th percentile among comparable filings
  • Revenue growth: 7.8% per year; rating input score 100; 65th percentile among comparable filings
  • Asset growth: 12.7% per year; rating input score 100; 73rd percentile among comparable filings

Details

  • Where the money goes: 99.3% of revenue deployed · 59.9% of spending went to programs
  • Governance: 22 of 22 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $418K in reported program spending
  • Leadership: top reported pay $0 · 22 people listed
  • Consistency: 27 of 28 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 15 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 4 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 4/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 15/100.