Vantage Health System Inc
Nonprofit profile at a glance
- EIN
- 221726712
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Dumont, NJ, USA
- Phone
- 2013854400
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Standard
- Sector
- Community Mental Health Center
Reported finances
- Revenue
- $10,468,662
- Expenses
- $9,715,135
- Assets
- $13,762,825
- Liabilities
- $3,947,670
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
19 people listed
Executive titles in this filing
- DAVID GRIFFITH (PRESIDENT & CEO)
- TERESA MCMAHON (PRESIDENT & CEO)
Highest reported compensation
- DAVID GRIFFITH (PRESIDENT & CEO): $248,128 total reported compensation
- STEPHANIE BARNES (PSYCHIATRIST DOCTOR): $217,095 total reported compensation
- TERESA MCMAHON (PRESIDENT & CEO): $195,199 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide those we serve opportunities for wellness through integrated mental and physical healthcare, support services and affordable housing.
What it reported doing in 2024
Outpatient services are designed to meet the needs of individuals who present distress with mental health or substance abuse challenges and can use psychotherapeutic interventions or psychiatric medications in a community based least restrictive setting. The services are provided by board certified psychiatrists, advance practice nurses, license clinical social workers, license social workers, licensed professional counselors, or licensed certified alcohol and drug counselors in individual or group sessions. The goal is to enable the child, adolescent or adult to relive his/her distress and function independently of therapeutic support. The program serves over 3,000 indiviudals a year in two outpatient locations.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 71
- Accountability: 100
- Sustainability: 50
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 67.4%; rating input score 67
- Program expense ratio: 71.9%; rating input score 72
- Fundraising efficiency: $49.9 raised per $1 spent on fundraising; rating input score 76; 76th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.8%; rating input score 94; 17th percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- 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: 7.2%; rating input score 60; 60th percentile among comparable filings
- Total-asset coverage ratio: 1.42; rating input score 49; 49th percentile among comparable filings
- Liabilities to assets ratio: 0.29; rating input score 48; 48th percentile among comparable filings
- Officer compensation ratio: 13.6%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: -1.6% per year; rating input score 0; 7th percentile among comparable filings
- Revenue growth: -0.5% per year; rating input score 0; 7th percentile among comparable filings
- Asset growth: 6.9% per year; rating input score 100; 48th percentile among comparable filings
Details
- Where the money goes: 67.4% of revenue deployed · 71.9% of spending went to programs
- Governance: 11 of 11 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $7M in reported program spending
- Leadership: top reported pay $248K · 19 people listed · 1 of 6 pay-setting controls reported
- Consistency: 30 of 31 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors and executive pay
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 7 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 11/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 48/100.