Multi-therapeutic Services Inc

Nonprofit profile at a glance

EIN
611435769
IRS 990 coverage
2014–2022
Forms available
Form 990 2022
Location
Clemmons, NC, USA
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Housing Rehabilitation

Reported finances

Revenue
$2,857,294
Expenses
$2,741,239
Assets
$12,995
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • TONI JONES (PRESIDENT)

Highest reported compensation

  • TONI JONES (PRESIDENT): $138,333 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide services in the most integrated community setting suitable to the needs and preferences of the individual and planned in partnership with the individual, family/guardian, and community partners.

What it reported doing in 2022

Residential supports provide assistance with acquisition, retention, improvement of skills related to activities of daily living, such as personal grooming, cleanliness, bed making, household chores, eating, the preparation of food, social and adaptive skills necessary to enable the individual to reside in a non-institutional setting.Multi-Therapeutic Services, Inc. has developed a housing structure that seeks to provide safe and inviting community based housing for the consumers we support. In an effort to continuously improve the housing for the consumers we support, and to measure how effective we were in this area, we sought to ensure safe housing locations, accident reduction, variety of home choices and Consumer Satisfaction. Safe Housing - As measured by average number of safety violations, yielded 0% safety violations per home, per quarter. Accident Reduction - As measured by average number of accidents, yielded 10% reduction in accidents for the year.Variety of Home Choices - As measured by average number of homes visited, yeilded 50% increase in location visits for the year.Consumer Satisfaction - As measured by percentage of satisfied consumers and families, yielded 90% satisfaction with housing arrangements.

Operating model

Revenue model
Earned-program. 100% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 90
  • Accountability: 90
  • Sustainability: 40
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 87.9%; rating input score 88
  • Program expense ratio: 91.6%; rating input score 92
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90%; rating input score 90; 4th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • 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: Fail

Sustainability

  • Operating margin: 4.1%; rating input score 48; 48th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 98; 98th percentile among comparable filings
  • Officer compensation ratio: 5%; rating input score 50; 50th percentile among comparable filings

Growth

  • Program expense growth: 9.4% per year; rating input score 100; 64th percentile among comparable filings
  • Revenue growth: 10.8% per year; rating input score 100; 72nd percentile among comparable filings
  • Asset growth: -3.1% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: 87.9% of revenue deployed · 91.6% of spending went to programs
  • Governance: 4 of 4 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $2.5M in reported program spending
  • Leadership: top reported pay $138K · 4 people listed
  • Highest-paid contractors: 3 contractors listed · $1.1M reported
  • Consistency: 22 of 23 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 8 filing years from 2014 to 2022
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Moderate — Sustainability: Operating margin scored 48/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 50/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.