Pesi Inc

Nonprofit profile at a glance

EIN
263896894
IRS 990 coverage
2011–2025
Forms available
Form 990 2025, Form 990-T 2025
Location
Eau Claire, WI, USA
Phone
7158558120
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Hospices

Official website

Reported finances

Revenue
$77,918,678
Expenses
$70,096,872
Assets
$176,436,396
Liabilities
$12,448,384

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • MICHAEL OLSON (EXECUTIVE DIRECTOR/SECRETARY)
  • MIKE CONNER (DIRECTOR/PRESIDENT)
  • DOUGLAS RICHARDSON (VICE PRESIDENT)
  • MATTHEW MICKELSON (VICE PRESIDENT SALES & MARKETING)

Highest reported compensation

  • MICHAEL OLSON (EXECUTIVE DIRECTOR/SECRETARY): $978,597 total reported compensation
  • MATTHEW MICKELSON (VICE PRESIDENT SALES & MARKETING): $668,239 total reported compensation
  • MIKE CONNER (DIRECTOR/PRESIDENT): $641,705 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Pesi's mission is to educate and instruct professionals including but not limited to those in the fields of mental health, health care, education, and human services in all 50 states and over 140 countries around the world. Additionally, we provide education and content to the general public around mental health issues.pesi works alongside the field's leading experts to create cutting edge educational content streamed from our online platform along with real time streaming events. Pesi also offers in-person training, large-scale conferences, retreats, a professional magazine, and books. All of this is supported by a robust e-commerce and video delivery platform that meets the needs of professionals looking to obtain ce credits along with the boards that oversee their licensure. We also help enhance the mission of other charitable organizations through both the utilization of our technology services and donations.

What it reported doing in 2025

Pesi inc. Provides cutting edge continuing education to professionals across the nation. We work alongside the world's leading experts to create seminars, conferences, videos, and books that meet the needs of adult learners. All of our continuing education seminars and products ensure that professionals can meet the changing demands of their work by providing practical strategies, methods, and interventions they can use immediately to improve the outcomes of their clients.as a non-profit organization, our mission is to educate and instruct the general public, public organizations, private industry, students and professionals to assist them in acquiring, developing and enhancing their knowledge and skills, and to assist other charitable and educational organizations in the conduct of similar activities. You can attend one of our live seminars nationwide. We have a robust continuing education library available, where you can access our products and digital library anywhere in the world at any time you need new information to help your clients or if you have a credit deadline looming.located in eau claire, wi, pesi employs around 200 employees dedicated to producing the highest quality events and products. We are so confident in the quality of our events and products that we stand behind them with a 100% satisfaction guarantee. Chances are, the people you studied in graduate school and the author of the latest professional book you read, have continuing education offerings through us. We are also proud partners with many of the nation's leading conferences, publishers, associations, and institutes to help them connect the latest evidence-based content to you.

Operating model

Revenue model
Earned-program. 94% 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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and the filing reports few safeguards for money sent abroad.

Rating breakdown

  • Financial Efficiency: 66
  • Transparency & Controls: 69
  • Accountability: 65
  • Sustainability: 61
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 69.7%; rating input score 70
  • Program expense ratio: 82.2%; rating input score 82
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 18th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: 75.8%; rating input score 76; 22nd percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 40%; rating input score 40; 6th 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: 10%; rating input score 70; 70th percentile among comparable filings
  • Total-asset coverage ratio: 2.52; rating input score 60; 60th percentile among comparable filings
  • Liabilities to assets ratio: 0.07; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 8.8%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: 1.7% per year; rating input score 100; 17th percentile among comparable filings
  • Revenue growth: 3.9% per year; rating input score 100; 33rd percentile among comparable filings
  • Asset growth: 15.2% per year; rating input score 100; 86th percentile among comparable filings

Details

  • Where the money goes: 69.7% of revenue deployed · 82.2% of spending went to programs
  • Governance: 2 of 5 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $57.6M in reported program spending
  • Leadership: top reported pay $979K · 15 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $14.3M reported
  • Consistency: 34 of 35 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes foreign activity, grants, executive pay, and related organizations
  • Filing history: 13 filing years from 2011 to 2025
  • Contacts: How to reach this organization
  • Money network: 18 filed money-flow records
  • Related organizations: 4 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

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

  • Moderate — Accountability: Independent voting board scored 40/100.
  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 6/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.