The Codey Fund for Mental Health Inc

Nonprofit profile at a glance

EIN
454566326
IRS 990-EZ coverage
2015–2025
Forms available
Form 990 2020, Form 990-EZ 2025, Form 990-PF 2013
Location
Caldwell, NJ, USA
Phone
9733259650
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Private Independent Foundations

Reported finances

Revenue
$1,121
Expenses
$104,796
Assets
$315,012

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

Leadership & pay

8 people listed

Executive titles in this filing

  • RICHARD J CODEY (President & CEO)

People named in this filing

  • RICHARD J CODEY (President & CEO)
  • ROBERT N DAVISON (V. PRES & TRUST)
  • BARRY R MANDELBAUM (SEC & TRUSTEE)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

Founded in 2012 by the late acting governor richard j. Codey and mary jo codey, the mission is to ensure that compassionate, quality mental healthcare is accessible to everyone and that the stigma associated with mental illness is overcome through public awareness and education.we look to a future where: * mental illness is no longer a source of shame or embarrassment * accurate information with regard to mental illness is widely available * adequate resources are available to promote mental health * people living with mental illness are treated with dignity and respectdespite major accomplishments and the progress acheived, New Jersey must still overcome some significant challenges before it can reach the goal of making quality mental health care available to all those who need it. We are convinced that we can, and must, do better.the codey fund is committed to finding the will and the means to putting aside fear, blame, punishment and exclusion of individuals with mental illnesses an

What it reported doing in 2025

The foundation historically utilized public service announcements and grants to organizations to dissiminate the foundation's messages of awareness of mental health problems, available support, treatment and promotion of recovery.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 62
  • Transparency & Controls: 82
  • Sustainability: 29
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -9,248.4%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 3.01; rating input score 74; 74th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -13% per year; rating input score 0; 25th percentile among comparable filings
  • Revenue growth: -14.9% per year; rating input score 0; 19th percentile among comparable filings
  • Asset growth: 1.8% per year; rating input score 100; 45th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 7 filing years from 2015 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • High — Sustainability: Operating margin scored 1/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.