Odyssey House Inc C/o Colliers International
Nonprofit profile at a glance
- EIN
- 020394859
- IRS 990 coverage
- 2011–2016
- Forms available
- Form 990 2016
- Location
- Portsmouth, NH, USA
- Phone
- 6036175797
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Homes for Children & Adolescents
Reported finances
- Revenue
- $72
- Expenses
- $40,135
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- DAVID CHOATE III (PRESIDENT)
- DANETTE WINEBERG ESQ (VICE PRESIDENT)
People named in this filing
- DAVID CHOATE III (PRESIDENT)
- DANETTE WINEBERG ESQ (VICE PRESIDENT)
- SUSIE PORTER (SECRETARY)
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 2016. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization's primary mission was to inspire youth and families to improve their lives by overcoming substance abuse, trauma and behavioral problems and become contributing members of their communities. To do this, odyssey nh operated residential and outpatient treatment facilities and provided educational programs to treat behavioral problems. Due to the economic downturn that began in 2008 and a shift in New Hampshire state funding priorities, the organization lost its main sources of revenue and support. As such, the facility ceased operations in august 2009. Since that time the organization has been working through an orderly process of dissolution and payment of its outstanding debts.
What it reported doing in 2016
The organization ceased operations in august 2009. (see explanation for question 1, part i of form 990.) in fye 6/30/13 the organization received payment from the state of New Hampshire's division for children for services performed when the organization was fully operational. The organization subsequently used these funds to pay off vendors. The organization's board distributed its remaining funds to three non-profits with exempt purposes that are consistent with the original mission of odyssey house as described in part i, line 1. The organization completed its liquidation during fiscal year ended june 30, 2017 during which the organization paid off its remaining expenses and distributed any remaining assets to other tax exempt entities with missions similar to the original mission of odyssey house.
Operating model
- Revenue model
- Investment-supported. 100% of the money available for current operations came from recurring investment income.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
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 expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 93
- Accountability: 82
- Sustainability: 8
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 91.5%; rating input score 91
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 79th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- 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: Fail
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -55,643.1%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 62; 62nd percentile among comparable filings
Growth
- Program expense growth: 85.7% per year; rating input score 100; 96th percentile among comparable filings
- Revenue growth: -40.6% per year; rating input score 0; 13th percentile among comparable filings
- Asset growth: -24.5% per year; rating input score 0; 9th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 91.5% of spending went to programs
- Governance: 9 of 9 board members independent · 4 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $37K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 17 of 17 current checks pass
- Schedules: 4 filed schedules · includes grants
- Filing history: 5 filing years from 2011 to 2016
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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.
- Review — Accountability: Governance controls: 2 of 6 not reported.
- High — Sustainability: Operating margin scored 1/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.