The Skylight Foundation

Nonprofit profile at a glance

EIN
833980139
IRS 990 coverage
2024–2024
Forms available
Form 990 2024, Form 990-EZ 2023, Form 990-PF 2019, Form 990-N 2020
Location
Evanston, IL, USA
Phone
8475298300
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Mental Health Treatment F31 Psychiatric, Mental Health Hospital

Official website

Reported finances

Revenue
$267,491
Expenses
$230,176
Assets
$65,151
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • David Klow (President)
  • Mark Milligan (Vice President)

People named in this filing

  • David Klow (President)
  • Mary Pat Cross (Director)
  • Mark Milligan (Vice President)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

At The Skylight Foundation, we believe that quality mental health care is a basic human right and not a privilege. Therefore, we would like to eliminate the barriers to affordable mental healthcare and aim to make therapy available for everyone. Our vision is a world in which access to mental healthcare is equitable and everyone in need is able to receive the support and care they desire.Our mission is to make therapy affordable for everyone. We bring dignity to the therapy process and aim to provide low cost and no cost sliding scale mental health services in a private practice setting. Our providers are well trained and fully resourced to help those in need. Our goal is to create healthier societal systems so that our world is more just, equitable and inclusive. Our Work Direct Client ServicesThe Skylight Foundations primary objective is to ensure that individual clients receive high quality counseling services, and promptly. When a client reaches out to the foundation for services,

What it reported doing in 2024

Skylight Vintage, Etc. is a pop-up shop that features a collection of vintage houseware, books, artwork, clothing, decorative items and more. All items are donated from the public and 100% of proceeds go to the Foundation mission of providing low to no cost mental health care to those in need.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

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: 92
  • Accountability: 82
  • Sustainability: 53
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 68.3%; rating input score 68
  • Program expense ratio: 79.3%; rating input score 79
  • Fundraising efficiency: $19.23 raised per $1 spent on fundraising; rating input score 57; 57th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • 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; 63rd percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • 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: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 14%; rating input score 66; 66th percentile among comparable filings
  • Total-asset coverage ratio: 0.28; rating input score 15; 15th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 50.3% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: 38% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: 68.3% of revenue deployed · 79.3% of spending went to programs
  • Governance: 6 of 6 board members independent · 4 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $183K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 23 of 23 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.
  • Review — Financial Efficiency: Fundraising efficiency scored 57/100.
  • High — Sustainability: Total-asset coverage ratio scored 15/100.