Nami - Virginia

Nonprofit profile at a glance

EIN
541267632
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Richmond, VA, USA
Phone
8042858264
Rating
82
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$789,890
Expenses
$781,796
Assets
$1,623,586
Liabilities
$141,796

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

Leadership & pay

17 people listed

Executive titles in this filing

  • CINDY KLIMAITIS (1ST VICE PRESIDENT)
  • LYNDA HYATT (PRESIDENT)
  • AMANDA BECKER (2ND VICE PRESIDENT)

People named in this filing

  • SHANTI NORRIS (INTERIM TREASURER)
  • TERRY TUCKER (MEMBER)
  • SANDY MOTTESHEARD (MEMBER)

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

To promote and improve the quality of life of virginians with serious mental illness through support, education, and advocacy.

What it reported doing in 2024

Education, training, and support programs: nami Virginia offers an array of educational, training, and support programs for individuals affected by mental illness and their families and caregivers. Programs include family to family (f2f), a free eight session evidence-based course for families, partners, and caregivers. F2f teaches skills to communicate and problem solve, manage stress, support loved ones, learn to use local services and handle a crisis, and provides up-to-date information on mental health and the brain. Peer to peer (p2p) is a free eight session educational program for adults with mental health conditions who are looking to better understand themselves and their recovery. (continued on schedule o.)p2p offers enhanced communications skills, information on mental health treatment options, relaxation and stress reduction tools, and information on strengthening relationships to support recovery. Other programs include 1)nami basics and Virginia family network, both of which are for parents and caregivers of children with mental health disorders; 2)nami connection support groups for adults living with a mental health condition; and 3)family support groups for adults with a loved one who has experienced symptoms of a mental health condition. In addition, education and anti-stigma programs are offered to the public to promote understanding of mental illness and to reduce stigma, including in our own voice and ending the silence.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 71
  • Transparency & Controls: 86
  • Accountability: 100
  • Sustainability: 52
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76%; rating input score 76
  • Program expense ratio: 75.5%; rating input score 75
  • Fundraising efficiency: $9.61 raised per $1 spent on fundraising; rating input score 36; 36th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 19th percentile among comparable filings
  • Pay-setting controls: Limited
  • 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: 7 of 7 controls in place; rating input score 100
    • 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: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 1%; rating input score 39; 39th percentile among comparable filings
  • Total-asset coverage ratio: 2.08; rating input score 66; 66th percentile among comparable filings
  • Liabilities to assets ratio: 0.09; rating input score 44; 44th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 3.4% per year; rating input score 100; 34th percentile among comparable filings
  • Revenue growth: 6% per year; rating input score 100; 49th percentile among comparable filings
  • Asset growth: 16.3% per year; rating input score 100; 75th percentile among comparable filings

Details

  • Where the money goes: 76% of revenue deployed · 75.5% of spending went to programs
  • Governance: 17 of 17 board members independent · 7 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $590K in reported program spending
  • Leadership: top reported pay $0 · 17 people listed
  • Consistency: 31 of 32 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 36/100.
  • Moderate — Sustainability: Operating margin scored 39/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 44/100.