MENTAL HEALTH LEADERSHIP INITIATIVE INC C/O VERDOLINO & LOWEY PC

EIN: 465714524 501(c)(3) Mental Health

FOXBOROUGH, MA

Total Revenue
$6,063,415
Total Expenses
$6,007,113
Total Assets
$1,407,178
Net Assets
$1,066,400
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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
DE
Principal Officer
REBECCA BAGLEY
Phone
7322904255
Tax Period
2024-01-01 to 2024-12-31

MENTAL HEALTH LEADERSHIP INITIATIVE INC C/O VERDOLINO & LOWEY PC, founded in 2014, is a community nonprofit in the Mental Health sector that reported $6.1M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

THE KENNEDY FORUM (TKF) MISSION IS TO ALIGN STAKEHOLDERS TO ADVANCE POLICIES AND GOALS THAT AFFECT SYSTEMIC CHANGE. OUR VISION IS TO ENSURE MENTAL HEALTH AS ESSENTIAL HEALTH.DURING 2024, TKF CONTINUED TO MEASURE AND ADVANCE IMPLEMENTATION OF THE 90-90-90 BY 2033 INITIATIVE - A NATIONAL EFFORT TO ENSURE THAT BY 2033: - 90% OF INDIVIDUALS ARE SCREENED FOR MENTAL HEALTH CONDITIONS, - 90% OF THOSE IDENTIFIED RECEIVE EVIDENCE-BASED TREATMENT, AND - 90% OF THOSE IN TREATMENT ACHIEVE RECOVERY OR IMPROVED OUTCOMES.THIS INITIATIVE REPRESENTS A STRATEGIC FRAMEWORK FOR NATIONAL ALIGNMENT AROUND MEASURABLE PARITY AND ACCESS GOALS.

Program Service Accomplishments

Program 1
Expenses: $2,482,514

PARTNERSHIPS: THE ORGANIZATION CONTINUES TO LEVERAGE ITS ELEVATED REACH AND ESTABLISHED PARTNERSHIPS ACROSS INDUSTRIES TO UNITE ALL STAKEHOLDERS IN A VISION AND PLAN FOR MENTAL HEALTH CARE PROGRESS...

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PARTNERSHIPS: THE ORGANIZATION CONTINUES TO LEVERAGE ITS ELEVATED REACH AND ESTABLISHED PARTNERSHIPS ACROSS INDUSTRIES TO UNITE ALL STAKEHOLDERS IN A VISION AND PLAN FOR MENTAL HEALTH CARE PROGRESS IN THE U.S.(CONTINUED ON SCH O)(CONTINUED FROM 990 PAGE 2 - PARTNERSHIPS) - ALIGNMENT FOR PROGRESS 2024 CONFERENCE: THE 2024 ALIGNMENT FOR PROGRESS (A4P) CONFERENCE BROUGHT TOGETHER A PROMINENT ROSTER OF NATIONAL LEADERS, INCLUDING 11 MEMBERS OF THE CEO ALLIANCE FOR MENTAL HEALTH WHO ANNOUNCED A UNANIMOUS ENDORSEMENT OF THE 90-90-90 GOALS. MORE THAN 400 ATTENDEES JOINED US, WITH 86% OF A4P RESPONDENTS AGREEING THAT THE GATHERING FILLS A VITAL ROLE IN THE MENTAL HEALTH ECOSYSTEM. - CEO ALLIANCE FOR MENTAL HEALTH: TKF PRESIDENT & CEO, REBECCA O. BAGLEY, WAS NAMED CHAIR OF THE CEO ALLIANCE FOR MENTAL HEALTH. IN HER ROLE, BAGLEY LED THE GROUP IN DEFINING SIX SHARED PRIORITIES AMONG 15 LEADING MENTAL HEALTH ORGANIZATIONS: PRIORITIZING PREVENTION AND EARLY INTERVENTION; ENSURING ACCESS, AFFORDABILITY, AND ACCOUNTABILITY; BUILDING A SUSTAINABLE WORKFORCE; HARNESSING INNOVATION; EMBRACING DISCOVERY; AND ENHANCING TRANSPARENCY TO IMPROVE OUTCOMES. THE UNIFIED PRIORITIES WERE DELIVERED TO CONGRESS, MARKING AN UNPRECEDENTED SHOW OF SECTOR ALIGNMENT. - SCHOOL-BASED INDUSTRY COUNCIL AND YOUTH MENTAL HEALTH SUITE: TKF COLLABORATED WITH MORE THAN 50 ORGANIZATIONS TO RELEASE A SUITE OF YOUTH MENTAL HEALTH RESOURCES FOCUSED ON SOLVING URGENT AND COMPLEX YOUTH MENTAL HEALTH NEEDS, CREATED IN PARTNERSHIP WITH THE SCHOOL-BASED MENTAL HEALTH INDUSTRY COUNCIL. ADDITIONALLY, CO-FOUNDER AMY L. KENNEDY CONTRIBUTED TO A NEW REPORT PUBLISHED BY THE BIPARTISAN POLICY CENTER THAT HELPS DELIVER A ROAD MAP TO BETTER CARE FOR YOUTH AND THEIR FAMILIES. - MOVEMENT BUILDING IN YOUTH MENTAL HEALTH: IN RESPONSE TO THE YOUTH MENTAL HEALTH CRISIS, WE PARTICIPATED IN THE YOUTH MENTAL HEALTH & ADDICTION WORKSHOP, COHOSTED BY THE KENNEDY FORUM, MCKINSEY HEALTH INSTITUTE, AND THE MORGAN STANLEY CHILDREN'S MENTAL HEALTH INITIATIVE. WE GATHERED 45+ OF THE NATION'S LEADING ORGANIZATIONS WHO DEAL WITH YOUTH MENTAL HEALTH ISSUES TO EXPLORE SOLUTIONS FOR THE DISTINCT ISSUES FACING OUR YOUNG PEOPLE AND GET AHEAD OF POTENTIAL PROBLEMS BY OFFERING PROACTIVE SOLUTIONS. - 90-90-90 MEASUREMENT SNAPSHOTS: IN PARTNERSHIP WITH KPMG, WE DEVELOPED SNAPSHOTS OF OUR FIVE-YEAR OUTLOOK IN SCREENING, TREATMENT, AND RECOVERY TO REACH OUR 90-90-90 GOALS.

Program 2
Expenses: $1,471,448

POLICY DEVELOPMENT AND PROMOTION: - NATIONAL STRATEGY RECOMMENDATIONS: TKF CO-FOUNDER PATRICK J. KENNEDY AND TKF PRESIDENT & CEO REBECCA O. BAGLEY SHARE A CURATED, SORTABLE LIST OF NATIONAL STRATEGY...

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POLICY DEVELOPMENT AND PROMOTION: - NATIONAL STRATEGY RECOMMENDATIONS: TKF CO-FOUNDER PATRICK J. KENNEDY AND TKF PRESIDENT & CEO REBECCA O. BAGLEY SHARE A CURATED, SORTABLE LIST OF NATIONAL STRATEGY RECOMMENDATIONS ON THE HILL TO ENSURE THE VISIBILITY AND PASSAGE OF KEY MENTAL HEALTH LEGISLATION. (CONTINUED ON SCH O) (CONTINUED FROM 990 PAGE 2 - POLICY DEVELOPMENT AND PROMOTION) - CALIFORNIA SB 855: AS A RESULT OF A THREE-YEAR EFFORT LEADING A STATE PARITY COALITION OF CONSUMERS, PROVIDERS, AND OTHER MENTAL HEALTH AND SUBSTANCE USE ADVOCATES, THE DEPARTMENT OF MANAGED HEALTH CARE ISSUED FINAL REGULATIONS ON OUR PARITY BILL, SB 855, REFLECTING MANY OF OUR RECOMMENDATIONS FOR IMPLEMENTATION. TKF ALSO LED THIS SAME COALITION IN A LETTER URGING THE CALIFORNIA DEPARTMENT OF INSURANCE TO ADOPT ITS COMPREHENSIVE PARITY AND 988 REGULATIONS. - ILLINOIS HEALTH CARE PROTECTION ACT: THE KENNEDY FORUM HAS PROVIDED YEARS-LONG ADVOCACY IN THE STATE TO ADVANCE KEY MENTAL HEALTH LEGISLATION, HELPING TO SET THE STAGE FOR THE LANDMARK HEALTHCARE PROTECTION ACT, SIGNED BY GOV. PRITZKER IN 2024. - CONNECTICUT AND VIRGINIA: THE KENNEDY FORUM SERVED AS EXPERT POLICY RESOURCES, PROVIDING TESTIMONY AND MODEL LANGUAGE ON KEY MENTAL HEALTH BILLS AND ISSUES. - POLICY IN NATIONAL MEDIA: AS PART OF THE RELEASE OF CO-FOUNDER PATRICK J. KENNEDY'S SECOND BEST-SELLING BOOK "PROFILES IN MENTAL HEALTH COURAGE", WE HIGHLIGHTED POLICY VIA NATIONAL MEDIA OUTLETS, INCLUDING MEET THE PRESS, GOOD MORNING AMERICA, CBS SUNDAY MORNING, AND OTHERS. OUR CO-FOUNDER AMY L. KENNEDY ALSO DISCUSSED KEY YOUTH MENTAL HEALTH POLICY ISSUES IN PEOPLE MAGAZINE.

Program 3
Expenses: $1,226,206

PARITY IMPLEMENTATION AND IMPROVING MENTAL HEALTH COVERAGE:THE KENNEDY FORUM HAS DEFINITIVELY LED THE WAY IN ENSURING THAT THE PROMISE OF PARITY IS TRANSFORMED INTO PRACTICE, THROUGH GROUNDBREAKING...

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PARITY IMPLEMENTATION AND IMPROVING MENTAL HEALTH COVERAGE:THE KENNEDY FORUM HAS DEFINITIVELY LED THE WAY IN ENSURING THAT THE PROMISE OF PARITY IS TRANSFORMED INTO PRACTICE, THROUGH GROUNDBREAKING POLICY AND GOLD-STANDARD REGULATION.(CONTINUED ON SCH O) (CONTINUED FROM 990 PAGE 2 - PARITY IMPLEMENTATION AND IMPROVING MENTAL HEALTH COVERAGE) - FEDERAL PARITY RULE: IN AN IMMENSE STEP FOR PARITY PROGRESS, THE WHITE HOUSE ADMINISTRATION'S 2024 FINAL PARITY RULE REFLECTED TKF'S CORE RECOMMENDATIONS - NEARLY 90% OF THE 9,700 PUBLIC COMMENTS REFERENCED TKF'S LANGUAGE, HIGHLIGHTING OUR INFLUENCE ON THE LAW. - STATE PARITY WORKGROUP: WE SUCCESSFULLY RELAUNCHED THE STATE PARITY WORKGROUP WITH MORE THAN 250 MEMBERS ACROSS 30 STATES, DIRECTLY GUIDING THE REGULATORS AND LEADERS RESPONSIBLE FOR PARITY ENFORCEMENT AND IMPLEMENTATION. - STATE PARITY GOLD STANDARDS: WE BEGAN RELEASING A SUITE OF "STATE PARITY GOLD STANDARDS" WHICH DEFINE AND RIGOROUSLY OUTLINE PARITY STANDARDS. EACH MODULE CAN BE EASILY UTILIZED TO IMPROVE MULTIPLE POINTS OF PARITY IMPLEMENTATION AND ENFORCEMENT. THESE GOLD STANDARDS HAVE BEEN VIEWED BY THOUSANDS. - MENTAL HEALTH PARITY DATA: WE LED THE WAY IN ENABLING RADICAL TRANSPARENCY IN PARITY, OBTAINING FUNDING FROM THE STATE OF ILLINOIS TO COMPLETE A GAME-CHANGING OPEN-SOURCE DATA TOOL. ALONGSIDE FOUNDING STRATEGIC PARTNERS, THIRD HORIZON STRATEGIES AND THE AMERICAN MEDICAL ASSOCIATION, WE VISUALIZE INSURANCE DATA POINTS AFFECTING PROVIDERS AND PATIENTS.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,035,548
Program Service Revenue $0
Investment Income $27,867
Other Revenue $0
TOTAL REVENUE $6,063,415

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,688,182
Fundraising Expenses $282,386
Program Expenses $5,180,168
Other Expenses $3,318,931
TOTAL EXPENSES $6,007,113

Year-over-Year Comparison

2024 2023 Change
Revenue $6,063,415 $5,229,099 +0.2%
Expenses $6,007,113 $5,567,958 +0.1%
Net Income $56,302 $-338,859 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
3
Independent Members
1
Employees
27
Volunteers
N/A

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
4
$673,777
Total Directors
3
$398,552
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICK KENNEDY DIRECTOR/CHAIRMAN 40.00
Director
$325,000 $73,552 $398,552
KEITH LOWEY TREASURER/DIRECTOR 2.00
Officer Director
$0 $0 $0
ALLAN FOX DIRECTOR 0.50
Director
$0 $0 $0
JOHN GRAHAM SECRETARY 0.10
Officer
$0 $0 $0
KARA KUKFA CHIEF OF OPERATIONS/ASST S 40.00
Officer
$183,750 $86,681 $270,431
REBECCA BAGLEY PRESIDENT/CEO 40.00
Officer
$325,500 $77,846 $403,346
LAUREN FINKE POLICY DIRECTOR 40.00
Highest
$140,966 $20,501 $161,467
TRUDY AVERY SENIOR DIRECTOR OF PROGRAM & DEVELOPMENT 40.00
Highest
$100,492 $1,464 $101,956
KATHERINE CLARK CHIEF OF STAFF 40.00
Highest
$140,539 $34,145 $174,684
NATHANIEL COUNTS CHIEF POLICY DIRECTOR 40.00
Highest
$141,539 $24,849 $166,388
MEREDITH ELKINS CHIEF COMMUNICATIONS OFFICER 40.00
Highest
$159,923 $25,964 $185,887
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
2024 $6,063,415 $6,007,113 $1,407,178 $56,302
2023 $5,229,099 $5,567,958 $1,186,113 $-338,859
2022 $1,095,563 $2,674,711 $1,454,943 $-1,579,148
2021 $1,264,079 $2,566,927 $3,196,555 $-1,302,848
2020 $1,032,799 $2,578,198 $4,462,402 $-1,545,399
2019 $1,672,567 $4,730,707 $6,502,104 $-3,058,140
2018 $645,742 $3,262,442 $8,615,420 $-2,616,700
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