Pesach Tikvah Hope Development Inc

What it reported doing in 2024

Clinics - pesach tikvah, with the encouragement and support of the nys office of mental health, has established satellite clinics in local private schools. These satellites have enabled students to receive the high-quality services available at our flagship clinic in williamsburg, without having to leave the school building. This is particularly beneficial to the students whose long day of studies often leave them with little time to attend therapy sessions. Additionally, it precludes the necessity of parents having to bring their children to weekly appointments. The pesach tikvah family services center, an outpatient clinic, offers a full range of mental health services, including assessment, diagnosis, psychotherapy, psychiatric services and medication therapy. The clinic services a broad range of individuals. Our licensed therapists are trained to help people deal with marital strife, as well as helping children with behavioral issues. Our staff are also well trained to treat more acute problems such as depression, anxiety, ocd, phobias and eating disorders. Many of our therapists are multi-lingual, and all keep up to date with new research, different modalities of treatment, and improved methods. By providing superior services and counseling, pesach tikvah helps people function better in social, professional, and academic settings.

Financial Efficiency

• Mission deployment rate: 69.6%; rating input score 70
• Program expense ratio: 89.2%; rating input score 89
• Fundraising efficiency: $24.55 raised per $1 spent on fundraising; rating input score 62; 62nd percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Missing
  • Independent consultant: Pass
  • Other Form 990s reviewed: Missing
  • Written employment contract: Pass
  • Compensation survey or study: Pass
  • 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: 100%; rating input score 100; 66th 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: 25.1%; rating input score 86; 86th percentile among comparable filings
• Total-asset coverage ratio: 0.91; rating input score 33; 33rd percentile among comparable filings
• Liabilities to assets ratio: 0.41; rating input score 36; 36th percentile among comparable filings
• Officer compensation ratio: 8.3%; rating input score 28; 28th percentile among comparable filings

Growth

• Program expense growth: 13.7% per year; rating input score 100; 81st percentile among comparable filings
• Revenue growth: 13% per year; rating input score 100; 83rd percentile among comparable filings
• Asset growth: 18.9% per year; rating input score 100; 88th percentile among comparable filings