CENTERSTONE OF INDIANA INC (EIN 351147323) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1967

Legal Domicile

Principal Officer

SUZANNE KOESEL

Phone

6154636610

Tax Period

2024-07-01 to 2025-06-30

CENTERSTONE OF INDIANA INC, founded in 1967, is a major nonprofit in the Mental Health sector that reported $107.6M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

CENTERSTONE OF INDIANA PROVIDES AN ARRAY OF MENTAL HEALTH TREATMENT, SUBSTANCE USE DISORDER TREATMENT, INTEGRATED PRIMARY CARE, THERAPEUTIC FOSTER CARE AND SUPPORTIVE SERVICES TO MORE THAN 20,000 PEOPLE OF ALL AGES ACROSS SOUTHERN AND CENTRAL INDIANA EACH YEAR. CENTERSTONE HAS BEEN RECOGNIZED BY THE STATE OF INDIANA FOR ITS INNOVATIVE SERVICES IN ADDICTIONS CARE AND RE-ENTRY SERVICES. WE ARE ACCREDITED BY CARF INTERNATIONAL AND HAVE RECEIVED HEALTH HOME STATUS. CENTERSTONE OF INDIANA'S SUBSIDIARIES INCLUDE THE CENTERSTONE FOUNDATION, INC., CENTERSTONE SUPPORTIVE HOUSING, LLC AND INDEPENDENT LIVING. CENTERSTONE ACCEPTS MOST INSURANCE AND PRIVATE PAY FOR SERVICES AND CAN OFFER CARE THROUGH ADDITIONAL CONTRACTS AND GRANTS FROM FEDERAL, STATE AND LOCAL GOVERNMENT, AS WELL AS PHILANTHROPIC DONATIONS FROM FOUNDATIONS, CORPORATIONS AND INDIVIDUALS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $27,726,295

Program Service Revenue $70,026,581

Investment Income $220,680

Other Revenue $9,649,289

TOTAL REVENUE $107,622,845

Expense Breakdown

Grants Paid $0

Salaries & Benefits $79,994,605

Fundraising Expenses $464,054

Program Expenses $93,243,478

Other Expenses $31,147,357

TOTAL EXPENSES $111,141,962

Year-over-Year Comparison

	2024	2023	Change
Revenue	$107,622,845	$92,452,782	+0.2%
Expenses	$111,141,962	$98,252,364	+0.1%
Net Income	$-3,519,117	$-5,799,582	-0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

1590

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$766,343

Total Directors

$327,250

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANNE LEACH	PSYCHIATRIST	40.00	Highest	$313,437	$16,482	$329,919
PAUL TARASKA	PSYCHIATRIST	40.00	Highest	$311,932	$0	$311,932
MARK JONES	PSYCHIATRIST	40.00	Highest	$309,263	$16,445	$325,708
SUZANNE KOESEL	CEO	40.00	Officer Director	$0	$28,903	$327,250
NISHANIE GUNAWARDANE	ASST. MEDICAL DIRECTOR	40.00	Highest	$279,923	$12,084	$292,007
LIA KETTENIS	PSYCHIATRIST	40.00	Highest	$254,590	$16,356	$270,946
ROBERT BACKMEYER	CHIEF OPERATING OFFICER	40.00	Officer	$0	$20,176	$229,494
BRIT VINCENT	REGIONAL FINANCE OFFICER	40.00	Officer	$0	$12,461	$209,599
SHARON HARLIN	CHAIR	2.00	Officer Director	$0	$0	$0
TERRYE DAVIDSON	VICE CHAIR	2.00	Officer Director	$0	$0	$0
GEOFF MCKIM	IMMEDIATE PAST CHAIR	2.00	Officer Director	$0	$0	$0
LAURA WEINLAND YOUNG	SECRETARY	2.00	Officer Director	$0	$0	$0
DOUGLAS LEONARD	DIRECTOR	2.00	Director	$0	$0	$0
TONY LONDON	DIRECTOR	2.00	Director	$0	$0	$0
NATHAN NIKIRK	DIRECTOR	2.00	Director	$0	$0	$0
ASHLEY STEVENS	DIRECTOR	2.00	Director	$0	$0	$0
DR BOB WILLIAMS	DIRECTOR	2.00	Director	$0	$0	$0
JUSTIN DANIELS	DIRECTOR	2.00	Director	$0	$0	$0
J RENEAE STALEY	DIRECTOR	2.00	Director	$0	$0	$0
LAURIE DICKERSON	DIRECTOR	2.00	Director	$0	$0	$0
BRIDGET EASTWOOD	DIRECTOR	2.00	Director	$0	$0	$0
JENNIFER HORNING	DIRECTOR	2.00	Director	$0	$0	$0
RHONDA FRIEND	DIRECTOR	2.00	Director	$0	$0	$0
TRAVIS SHEPHERD	DIRECTOR	2.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$107,622,845	$111,141,962	$52,721,559	$-3,519,117
2024	$92,452,782	$98,252,364	$53,223,927	$-5,799,582
2023	$89,704,767	$93,204,523	$60,124,164	$-3,499,756
2022	$87,031,288	$83,257,640	$65,728,087	$3,773,648
2021	$86,837,734	$80,360,758	$60,928,698	$6,476,976
2020	$81,944,038	$79,071,561	$60,879,966	$2,872,477
2019	$79,378,495	$80,128,483	$52,454,909	$-749,988
2018	$69,354,233	$70,913,005	$39,803,016	$-1,558,772

CENTERSTONE OF INDIANA INC