Vermont Psychiatric Survivors Inc

Nonprofit profile at a glance

EIN
030335419
IRS 990 coverage
2009–2023
Forms available
Form 990 2023
Location
Rutland, VT, USA
Phone
8027756834
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Counseling, Support Groups

Reported finances

Revenue
$573,186
Expenses
$584,426
Assets
$149,961
Liabilities
$35,509

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • KEITH MOLINARI (President & CEO)
  • ZACHARY HUGHES (Vice President)
  • SARA MERROW (President)

Highest reported compensation

  • WALTER WADE (Executive Dir.): $80,876 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide information to present or former psychiatrically disabled persons regarding the availability of services, support groups and other resources, and to assist in the development and funding of local peer support groups.

What it reported doing in 2023

Vermont psychiatric survivors, inc provides information to psychiatrically disabled persons regarding the availability of services, support groups, and other resources. Vps handles the daily operation of the safehaven projects and oversees its licensure as a therapeutic residential facility. Vps subcontracts trained recovery educators who serve as program consultants to state mental health agencies and also provide recovery education to consumers.

Operating model

Revenue model
Grant-funded. 96% of the money available for current operations came from government grants.
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. Some filing-based governance responses are negative or unanswered and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 82
  • Accountability: 79
  • Sustainability: 25
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.2%; rating input score 81
  • Program expense ratio: 79.7%; rating input score 80
  • Fundraising efficiency: $44.07 raised per $1 spent on fundraising; rating input score 76; 76th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 8th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -2%; rating input score 32; 32nd percentile among comparable filings
  • Total-asset coverage ratio: 0.26; rating input score 11; 11th percentile among comparable filings
  • Liabilities to assets ratio: 0.24; rating input score 30; 30th percentile among comparable filings
  • Officer compensation ratio: 13.8%; rating input score 25; 25th percentile among comparable filings

Growth

  • Program expense growth: 0.9% per year; rating input score 100; 24th percentile among comparable filings
  • Revenue growth: -3.3% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: 4.6% per year; rating input score 100; 37th percentile among comparable filings

Details

  • Where the money goes: 81.2% of revenue deployed · 79.7% of spending went to programs
  • Governance: 6 of 6 board members independent · 4 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $466K in reported program spending
  • Leadership: top reported pay $81K · 7 people listed
  • Consistency: 23 of 24 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 14 filing years from 2009 to 2023
  • 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.

  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 32/100.
  • High — Sustainability: Total-asset coverage ratio scored 11/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 25/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 30/100.