Vip Drug and Alcohol Education Ctr

Nonprofit profile at a glance

EIN
421743491
IRS 990 coverage
2012–2014
Forms available
Form 990 2014
Location
Van Nuys, CA, USA
Phone
8187342761
Rating
53
Verdict
MIXED
Rating confidence
Moderate
Sector
Alcohol, Drug Abuse, Prevention Only

Reported finances

Revenue
$186,470
Expenses
$73,218
Assets
$302,949
Liabilities
$44,781

Source: IRS Form 990. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

1 person listed

Executive titles in this filing

  • TIGRAN SARGSYAN (PRESIDENT)

People named in this filing

  • TIGRAN SARGSYAN (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 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Vip outpatient treatment centers goal is to support the successful recovery of its patients and improve the quality of their lives. Vip outpatient treatment center is committed to providing evidence-based comprehensive treatment services incorporating multidisciplinary modalities. Vip outpatient treatment center promotes the highest standard of patient care in the treatment of substance abuse and related medical, psychological and socio-economic conditions. Vip outpatient treatment center and its staff members pursue excellence, integrity & commitment in the provision of effective patient care.

What it reported doing in 2014

Expenses incurred in support of substance abuse treatment

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
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

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 40
  • Transparency & Controls: 82
  • Accountability: 41
  • Sustainability: 80
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 28.3%; rating input score 28
  • Program expense ratio: 72%; rating input score 72
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 10th 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: 60%; rating input score 60; 16th percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 60.7%; rating input score 96; 96th percentile among comparable filings
  • Total-asset coverage ratio: 4.14; rating input score 76; 76th percentile among comparable filings
  • Liabilities to assets ratio: 0.15; rating input score 31; 31st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 73; 73rd percentile among comparable filings

Growth

  • Program expense growth: -169.1% per year; rating input score 0; 1st percentile among comparable filings
  • Revenue growth: -50.6% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -11.3% per year; rating input score 0; 12th percentile among comparable filings

Details

  • Where the money goes: 28.3% of revenue deployed · 72% of spending went to programs
  • Governance: 3 of 5 board members independent · 1 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $53K in reported program spending
  • Leadership: top reported pay $0 · 1 people listed
  • Consistency: 20 of 20 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2012 to 2014
  • Contacts: How to reach this organization
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Financial Efficiency: Mission deployment rate scored 28/100.
  • High — Accountability: Governance controls: 5 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 31/100.
  • High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.