SeekHealing
Nonprofit profile at a glance
- EIN
- 814832857
- IRS 990 coverage
- 2021–2025
- Forms available
- Form 990 2025, Form 990-N 2018
- Location
- Asheville, NC, USA
- Phone
- 8282225029
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Alcohol, Drug and Substance Abuse, Dependency Prevention and Treatment
Reported finances
- Revenue
- $836,859
- Expenses
- $698,605
- Assets
- $255,187
- Liabilities
- $78,439
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- Jennifer Nicolaisen (Executive Director)
- Joshua Ginsberg (President)
- Lauren Clark (Vice President)
Highest reported compensation
- Jennifer Nicolaisen (Executive Director): $63,920 total reported compensation
- Joshua Ginsberg (President): $20,000 total reported compensation
- Sara Ness (Member): $8,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Making opportunities for meaningful human connection universally accessible in order to improve social health in local communities and reduce deaths of despair.
What it reported doing in 2025
Community Catalyst Course: In 2025, we designed and launched the Community Catalyst Program to activate a regional network of social health catalysts local leaders, healers, artists and facilitators from eight historically marginalized demographics to restore social capital and build long-term resilience in our region post-Hurricane Helene. 20 Community Catalysts are now being empowered with stipends, technology systems, training and coaching to support their community organizing work. They each represent one or more intersections of the following historically marginalized demographics: Black, Brown, Indigenous or Spanish-speaking; LGBTQIA+; younger than 25; older than 65; experiencing homelessness; recently incarcerated; living in rural isolation; and/or Neurodivergent. These grassroots leaders are establishing hyperlocal rhythms in their communities for trauma-informed support structures, mutual aid coordination, and non-clinical mental health organizing. The innovation at the heart of this initiative is a new kind of regional public health infrastructure: one that equips everyday residents to lead mental health first aid and resilience-building in their own neighborhoods and communities.
Operating model
- Revenue model
- Donor-supported. 91% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 94% 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. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 89
- Accountability: 74
- Sustainability: 42
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 68.9%; rating input score 69
- Program expense ratio: 82.6%; rating input score 83
- Fundraising efficiency: $11.35 raised per $1 spent on fundraising; rating input score 39; 39th percentile among comparable filings
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 10th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 78th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 3 of 8 controls in place; rating input score 38
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 16.5%; rating input score 67; 67th percentile among comparable filings
- Total-asset coverage ratio: 0.37; rating input score 18; 18th percentile among comparable filings
- Liabilities to assets ratio: 0.31; rating input score 19; 19th percentile among comparable filings
- Officer compensation ratio: 13.5%; rating input score 28; 28th percentile among comparable filings
Growth
- Program expense growth: 17.9% per year; rating input score 100; 76th percentile among comparable filings
- Revenue growth: 16.9% per year; rating input score 100; 78th percentile among comparable filings
- Asset growth: 12.9% per year; rating input score 100; 64th percentile among comparable filings
Details
- Where the money goes: 68.9% of revenue deployed · 82.6% of spending went to programs
- Governance: 9 of 9 board members independent · 3 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $577K in reported program spending
- Leadership: top reported pay $64K · 10 people listed
- Consistency: 26 of 27 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes major donors and grants
- Filing history: 5 filing years from 2021 to 2025
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- 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 — Accountability: Governance controls: 4 of 7 not reported.
- Moderate — Financial Efficiency: Fundraising efficiency scored 39/100.
- High — Sustainability: Total-asset coverage ratio scored 18/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 19/100.
- High — Sustainability: Officer compensation ratio scored 28/100.