MENTAL HEALTH CENTER OF BOULDER COUNTY INC

EIN: 840520493 501(c)(3)

LAFAYETTE, CO

Total Revenue
$52,365,720
Total Expenses
$50,029,334
Total Assets
$53,247,245
Net Assets
$37,507,860
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1962
Legal Domicile
CO
Principal Officer
DIXIE CASFORD
Phone
3032478702
Tax Period
2023-07-01 to 2024-06-30

MENTAL HEALTH CENTER OF BOULDER COUNTY INC, founded in 1962, is a mid-sized nonprofit that reported $52.4M in total revenue in fiscal year 2023. Expenses of $50.0M left a modest 4% surplus.

Mission

PARTNERING TO IMPROVE QUALITY OF LIFE AS A NONPROFIT ORGANIZATION DEDICATED TO MENTAL HEALTH AND WELLNESS. HEALING IS OUR PURPOSE, HELP IS OUR PROMISE, HEALTH IS OUR PASSION.

Program Service Accomplishments

Program 1
Expenses: $33,960,678 Revenue: $23,051,161

PROVIDE COMPREHENSIVE COMMUNITY BASED BEHAVIORAL HEALTH SERVICES, INCLUDING MENTAL HEALTH, SUBSTANCE USE, AND CO-OCCURRING SERVICES. MENTAL HEALTH PARTNERS PROVIDED 208,136 SERVICES TO 9,961 ENROLLED...

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PROVIDE COMPREHENSIVE COMMUNITY BASED BEHAVIORAL HEALTH SERVICES, INCLUDING MENTAL HEALTH, SUBSTANCE USE, AND CO-OCCURRING SERVICES. MENTAL HEALTH PARTNERS PROVIDED 208,136 SERVICES TO 9,961 ENROLLED CLIENTS. MENTAL HEALTH PARTNERS ALSO PROVIDED MORE THAN 3,000 SERVICES TO NON-ENROLLED INDIVIDUALS, VIA COMMUNITY HEALTH OUTREACH AND OTHER COMMUNITY-BASED SERVICES.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $26,797,506
Program Service Revenue $23,051,161
Investment Income $2,457,064
Other Revenue $59,989
TOTAL REVENUE $52,365,720

Expense Breakdown

Grants Paid $0
Salaries & Benefits $39,787,467
Fundraising Expenses $344,694
Program Expenses $33,960,678
Other Expenses $10,241,867
TOTAL EXPENSES $50,029,334

Year-over-Year Comparison

2023 2022 Change
Revenue $52,365,720 $50,907,427 +0.0%
Expenses $50,029,334 $48,510,903 +0.0%
Net Income $2,336,386 $2,396,524 0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
551
Volunteers
54

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
7
$673,880
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAREN RICE PSYCHIATRIST 40.00
Highest
$319,530 $19,199 $338,729
FRANK LEONE PSYCHIATRIST 40.00
Highest
$276,783 $25,697 $302,480
JOHN WILLIAMS PSYCHIATRIST 40.00
Highest
$280,878 $19,382 $300,260
DEBRA EDELSON PSYCHIATRIST 40.00
Highest
$275,245 $16,920 $292,165
GEORGE ELIOPULOS PSYCHIATRIST 32.00
Highest
$271,750 $19,710 $291,460
JENNIFER LEOSZ CO-CEO 40.00
Officer
$232,856 $19,710 $252,566
DIXIE CASFORD CO-CEO 40.00
Officer
$226,463 $15,726 $242,189
BRENT AMFAHR CFO 40.00
Officer
$170,675 $8,450 $179,125
ELLEN BURNES CHAIR 1.00
Officer Director
$0 $0 $0
DALE VARNER VICE CHAIR 1.00
Officer Director
$0 $0 $0
MICHAEL CALCOTE TREASURER 1.00
Officer Director
$0 $0 $0
POLLY SWARTZFAGER SECRETARY 1.00
Officer Director
$0 $0 $0
TIM ENWALL DIRECTOR 1.00
Director
$0 $0 $0
MARY MOCK DIRECTOR 1.00
Director
$0 $0 $0
CAROLYN TERRY DIRECTOR 1.00
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
2024 $28,468,600 $69,194,346 No data $-40,725,746
2024 $52,365,720 $50,029,334 $53,247,245 $2,336,386
2023 $50,907,427 $48,510,903 $49,053,369 $2,396,524
2022 $49,555,010 $42,098,470 $50,971,963 $7,456,540
2021 $42,259,762 $41,486,645 $46,481,544 $773,117
2020 $41,280,364 $40,146,221 $42,754,793 $1,134,143
2019 $42,567,927 $38,958,985 $39,532,050 $3,608,942
2018 $38,679,293 $43,018,692 $38,579,914 $-4,339,399
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