Mental Health America of Colorado
Nonprofit profile at a glance
- EIN
- 840446365
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Denver, CO, USA
- Phone
- 7202082220
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $5,060,223
- Expenses
- $3,672,654
- Assets
- $10,936,710
- Liabilities
- $2,398,965
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- VINCENT ATCHITY (PRESIDENT &)
Highest reported compensation
- VINCENT ATCHITY (PRESIDENT &): $196,098 total reported compensation
- DAVID MCLAUGHLIN (COO): $162,308 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Mental health america of Colorado dba mental health Colorado is a Colorado non-profit corporation established in 1953 with a mission to advocate for every coloradan who experiences a mental health or substance use condition each year. The organization engages policymakers, providers, the public, and the press to promote mental well-being, ensure equitable access to mental health and substance use care, and end discrimination. Its efforts range from the capitol to the classroom.
What it reported doing in 2024
Public policy and strategic initiatives: the organization presses insurers and regulators to comply with state and federal law - including the guarantee of mental health as an essential benefit, the adequacy of provider networks, and the enforcement of mental health parity. The organization also champions measures to integrate mental health care into the primary care system; to address the shortage of mental health professionals, especially in rural Colorado; and to disentangle mental health and criminal justice.
Operating model
- Revenue model
- Donor-supported. 92% of the money available for current operations came from contributions and gifts.
- 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 65
- Transparency & Controls: 70
- Accountability: 95
- Sustainability: 69
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 61%; rating input score 61
- Program expense ratio: 81.1%; rating input score 81
- Fundraising efficiency: $10.62 raised per $1 spent on fundraising; rating input score 40; 40th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- 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; 63rd 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: 27.4%; rating input score 83; 83rd percentile among comparable filings
- Total-asset coverage ratio: 2.98; rating input score 73; 73rd percentile among comparable filings
- Liabilities to assets ratio: 0.22; rating input score 42; 42nd percentile among comparable filings
- Officer compensation ratio: 9.8%; rating input score 31; 31st percentile among comparable filings
Growth
- Program expense growth: 13.4% per year; rating input score 100; 74th percentile among comparable filings
- Revenue growth: 11.1% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: 18% per year; rating input score 100; 80th percentile among comparable filings
Details
- Where the money goes: 61% of revenue deployed · 81.1% of spending went to programs
- Governance: 14 of 14 board members independent · 8 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $3M in reported program spending
- Leadership: top reported pay $196K · 16 people listed · 1 of 6 pay-setting controls reported
- Consistency: 33 of 34 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors and executive pay
- Filing history: 15 filing years from 2010 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.
- Moderate — Financial Efficiency: Fundraising efficiency scored 40/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Moderate — Sustainability: Officer compensation ratio scored 31/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 42/100.