Mental Health Leadership Initiative Inc C/o Verdolino & Lowey Pc

Nonprofit profile at a glance

EIN
465714524
IRS 990 coverage
2014–2024
Forms available
Form 990 2024
Location
Foxborough, MA, USA
Phone
7322904255
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Mental Health, Crisis Intervention N.E.C.

Official website

Reported finances

Revenue
$6,063,415
Expenses
$6,007,113
Assets
$1,407,178
Liabilities
$340,778

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

Leadership & pay

11 people listed

Executive titles in this filing

  • REBECCA BAGLEY (PRESIDENT/CEO)

Highest reported compensation

  • REBECCA BAGLEY (PRESIDENT/CEO): $403,346 total reported compensation
  • PATRICK KENNEDY (DIRECTOR/CHAIRMAN): $398,552 total reported compensation
  • KARA KUKFA (CHIEF OF OPERATIONS/ASST S): $270,431 total reported compensation

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

Overview

Mission

The kennedy forum (tkf) mission is to align stakeholders to advance policies and goals that affect systemic change. Our vision is to ensure mental health as essential health.during 2024, tkf continued to measure and advance implementation of the 90-90-90 by 2033 initiative - a national effort to ensure that by 2033: - 90% of individuals are screened for mental health conditions, - 90% of those identified receive evidence-based treatment, and - 90% of those in treatment achieve recovery or improved outcomes.this initiative represents a strategic framework for national alignment around measurable parity and access goals.

What it reported doing in 2024

Partnerships: the organization continues to leverage its elevated reach and established partnerships across industries to unite all stakeholders in a vision and plan for mental health care progress in the u.s.(continued on sch o)(continued from 990 page 2 - partnerships) - alignment for progress 2024 conference: the 2024 alignment for progress (a4p) conference brought together a prominent roster of national leaders, including 11 members of the ceo alliance for mental health who announced a unanimous endorsement of the 90-90-90 goals. More than 400 attendees joined us, with 86% of a4p respondents agreeing that the gathering fills a vital role in the mental health ecosystem. - ceo alliance for mental health: tkf president & ceo, rebecca o. Bagley, was named chair of the ceo alliance for mental health. In her role, bagley led the group in defining six shared priorities among 15 leading mental health organizations: prioritizing prevention and early intervention; ensuring access, affordability, and accountability; building a sustainable workforce; harnessing innovation; embracing discovery; and enhancing transparency to improve outcomes. The unified priorities were delivered to congress, marking an unprecedented show of sector alignment. - school-based industry council and youth mental health suite: tkf collaborated with more than 50 organizations to release a suite of youth mental health resources focused on solving urgent and complex youth mental health needs, created in partnership with the school-based mental health industry council. Additionally, co-founder amy l. Kennedy contributed to a new report published by the bipartisan policy center that helps deliver a road map to better care for youth and their families. - movement building in youth mental health: in response to the youth mental health crisis, we participated in the youth mental health & addiction workshop, cohosted by the kennedy forum, mckinsey health institute, and the morgan stanley children's mental health initiative. We gathered 45+ of the nation's leading organizations who deal with youth mental health issues to explore solutions for the distinct issues facing our young people and get ahead of potential problems by offering proactive solutions. - 90-90-90 measurement snapshots: in partnership with kpmg, we developed snapshots of our five-year outlook in screening, treatment, and recovery to reach our 90-90-90 goals.

Operating model

Revenue model
Donor-supported. 100% 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. A relatively small share of voting board members are independent and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 74
  • Accountability: 56
  • Sustainability: 25
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85.5%; rating input score 86
  • Program expense ratio: 86.2%; rating input score 86
  • Fundraising efficiency: $21.37 raised per $1 spent on fundraising; rating input score 61; 61st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • 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: 33.3%; rating input score 33; 7th 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: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 0.9%; rating input score 37; 37th percentile among comparable filings
  • Total-asset coverage ratio: 0.23; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: 0.24; rating input score 39; 39th percentile among comparable filings
  • Officer compensation ratio: 31%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: 2.4% per year; rating input score 100; 24th percentile among comparable filings
  • Revenue growth: -12.3% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: -21.4% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 85.5% of revenue deployed · 86.2% of spending went to programs
  • Governance: 1 of 3 board members independent · 8 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $5.2M in reported program spending
  • Leadership: top reported pay $403K · 11 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 3 contractors listed · $1.6M reported
  • Consistency: 27 of 27 current checks pass
  • Schedules: 8 filed schedules · includes major donors and executive pay
  • Filing history: 10 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 8 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.
  • 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 — Accountability: Independent voting board scored 33/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 37/100.
  • High — Sustainability: Total-asset coverage ratio scored 7/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • High — Sustainability: Officer compensation ratio scored 5/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 39/100.