Victor Treatment Centers Inc

Nonprofit profile at a glance

EIN
942264395
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Chico, CA, USA
Phone
5308930758
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Residential Mental Health Treatment

Official website

Reported finances

Revenue
$17,613,948
Expenses
$17,729,948
Assets
$26,262,238
Liabilities
$3,070,715

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

Leadership & pay

7 people listed

Executive titles in this filing

  • Simona Cataldo (CEO)

Highest reported compensation

  • Kelly Hernandez (Director): $233,032 total reported compensation
  • Lorraine Romero (Director): $144,631 total reported compensation
  • Simona Cataldo (CEO): $58,315 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

As part of its broad continuum of services, Victor Treatment Centers, Inc. operates a 24-hour residential treatment facility for severely emotionally disturbed and mentally ill minors also providing special education and mental health services. VTC also provides special education which provides a positive experience and a comprehensive educational curriculum. VTC receives most of its funding from county and state agencies, with certain portions of its funding originating from the federal government.

What it reported doing in 2024

VTC provides a full range of individualized specialty mental health services and medication support services to youth placed in VTC's residential programs, and community based mental health services to youth in Los Angeles County. These services are based on a comprehensive assessment of needs and are provided by highly trained and licensed staff, mental health professionals and para-professionals. All services are individualized to the specific child/youth and their family. VTC places great emphasis on the utilization of nationally recognized Evidenced Based Practices in the provision of its mental health services. During the reporting period, 200 clients were served.

Operating model

Revenue model
Grant-funded. 79% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 84% 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

STRONG - 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: 78
  • Transparency & Controls: 87
  • Accountability: 100
  • Sustainability: 45
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.4%; rating input score 88
  • Program expense ratio: 86.5%; rating input score 86
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Missing
    • Independent consultant: Pass
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd 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; 66th percentile among comparable filings
  • Governance controls: 8 of 8 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: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -0.7%; rating input score 28; 28th percentile among comparable filings
  • Total-asset coverage ratio: 1.48; rating input score 50; 50th percentile among comparable filings
  • Liabilities to assets ratio: 0.12; rating input score 71; 71st percentile among comparable filings
  • Officer compensation ratio: 2.5%; rating input score 73; 73rd percentile among comparable filings

Growth

  • Program expense growth: -3.1% per year; rating input score 0; 5th percentile among comparable filings
  • Revenue growth: -2.5% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: -3.8% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: 88.4% of revenue deployed · 86.5% of spending went to programs
  • Governance: 3 of 3 board members independent · 8 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $15.3M in reported program spending
  • Leadership: top reported pay $233K · 7 people listed · 4 of 6 pay-setting controls reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 3 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.
  • High — Sustainability: Operating margin scored 28/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 50/100.