Oaklawn Psychiatric Center

Legal name: Oaklawn Psychiatric Center Inc

Nonprofit profile at a glance

EIN: 351070041
IRS 990 coverage: 2009–2024
Official website data refreshed: Sep 2026
Forms available: Form 990 2024
Location: South Bend, IN, US
Phone: 574-533-1234
Rating: 86
Verdict: STRONG
Rating confidence: Standard
Sector: Addictive Disorders N.E.C.

Official website

Reported finances

Revenue: $71,866,514
Expenses: $70,554,012
Assets: $66,769,927
Liabilities: $25,433,958

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

Leadership & pay

26 people listed

Executive titles in this filing

LAURIE NAFZIGER (PRESIDENT/CEO)
JAYANTI SMUCKER (VICE PRESIDENT)

Highest reported compensation

DANIEL KINSEY MD (MEDICAL DIRECTOR): $407,253 total reported compensation
LAURIE NAFZIGER (PRESIDENT/CEO): $380,920 total reported compensation
CARMELA COWDREY MD (PSYCHIATRIST): $355,966 total reported compensation

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

Overview

Mission

Oaklawn is grateful for the support of many community partners who give their time and talent in support of Oaklawn’s mission.

What it reported doing in 2024

Outpatient services--provided over 184,247 client service encounters of group therapy, medication management, and individual therapy; provided 68,955 client service encounters of care coordination; provided 54,229 client service encounters of skills building in personal care and community living; and provided an additional 34,027 encounters of other community-based services. In summary, a total of 35,130 consumers were served in the fiscal year.

Operating model

Revenue model: Earned-program. 72% 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

Financial Efficiency: 84
Transparency & Controls: 89
Accountability: 96
Sustainability: 39
Growth: 100

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 83.5%; rating input score 84
Program expense ratio: 85%; rating input score 85
Fundraising efficiency: $79.65 raised per $1 spent on fundraising; rating input score 81; 81st percentile among comparable filings

Transparency & Controls

Consistency checks: 93.3%; rating input score 93; 21st percentile among comparable filings
Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
Foreign activity oversight: Limited
Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
Major donor itemization: Yes; rating input score 100
Related-party transparency: Yes; rating input score 100

Accountability

Independent voting board: 93.8%; rating input score 94; 44th percentile among comparable filings
Governance controls: 9 of 9 controls in place; rating input score 100
- 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: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass

Sustainability

Operating margin: 1.8%; rating input score 42; 42nd percentile among comparable filings
Total-asset coverage ratio: 0.95; rating input score 37; 37th percentile among comparable filings
Liabilities to assets ratio: 0.38; rating input score 47; 47th percentile among comparable filings
Officer compensation ratio: 3.9%; rating input score 27; 27th percentile among comparable filings

Growth

Program expense growth: 2.8% per year; rating input score 100; 20th percentile among comparable filings
Revenue growth: 4.3% per year; rating input score 100; 35th percentile among comparable filings
Asset growth: 7.4% per year; rating input score 100; 55th percentile among comparable filings

Details

What they do: 6 programs and campaigns described on the official site · 4 operating locations identified
Where the money goes: 83.5% of revenue deployed · 85% of spending went to programs
Governance: 15 of 16 board members independent · 9 of 9 filing controls reported
Programs: 3 filed program accomplishments · $60M in reported program spending
Leadership: top reported pay $407K · 26 people listed · 4 of 6 pay-setting controls reported
Highest-paid contractors: 5 contractors listed · $4.3M reported
Consistency: 34 of 35 current checks pass · 1 finding to review
Schedules: 10 filed schedules · includes major donors, grants, executive pay, and related organizations
Filing history: 16 filing years from 2009 to 2024
Contacts: How to reach this organization
Money network: 9 filed money-flow records
Related organizations: 8 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.

Moderate — Sustainability: Operating margin scored 42/100.
Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
High — Sustainability: Officer compensation ratio scored 27/100.
Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
Moderate — Sustainability: Liabilities to assets ratio scored 47/100.