COLORADO WEST REGIONAL MENTAL HEALTH INC (EIN 840625890) - 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

1970

Legal Domicile

Principal Officer

JOHN M SHEEHAN

Phone

9706837149

Tax Period

2021-07-01 to 2022-06-30

COLORADO WEST REGIONAL MENTAL HEALTH INC, founded in 1970, is a mid-sized nonprofit in the Mental Health sector that reported $31.6M in total revenue in fiscal year 2021.

Mission

WE REBUILD LIVES AND INSPIRE HOPE BY PROVIDING EXCEPTIONAL MENTAL HEALTH AND ADDICTION RECOVERY CARE, STRENGTHENING THE HEALTH AND VITALITY OF OUR COMMUNITIES.

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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 (2021)

Revenue Breakdown

Contributions & Grants $837,045

Program Service Revenue $30,742,738

Investment Income $4,600

Other Revenue $17,590

TOTAL REVENUE $31,601,973

Expense Breakdown

Grants Paid $0

Salaries & Benefits $18,199,653

Fundraising Expenses $0

Program Expenses $26,187,448

Other Expenses $13,789,379

TOTAL EXPENSES $31,989,032

Year-over-Year Comparison

	2021	2020	Change
Revenue	$31,601,973	$30,983,930	+0.0%
Expenses	$31,989,032	$31,009,757	+0.0%
Net Income	$-387,059	$-25,827	+14.0%

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

N/A

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

Total Directors

$240,325

Key Employees

$508,845

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEFAN BATE	CHAIR-ELECT	2.00	Officer Director	$0	$0	$0
DOUG PATTISON	INTERIM CEO	40.00	Director	$0	$0	$240,325
ANGELA STRODE	MEMBER	2.00	Director	$0	$0	$0
BILL ANUSZEWSKI	MEMBER	2.00	Director	$0	$0	$0
CARLOS CORNEJO	MEMBER	2.00	Director	$0	$0	$0
CAROL SKUBIC	SECRETARY/TREASURER	2.00	Officer Director	$0	$0	$0
PAT TUCKER	MEMBER	2.00	Officer Director	$0	$0	$0
DR ALI SALIMAN	CHAIR	40.00	Director	$0	$0	$0
MICHELLE L HOY	EXECUTIVE VP	40.00	Key Emp	$0	$0	$205,334
JAMES FRANK	OUTPATIENT MEDICAL DIRECTOR	40.00	Key Emp	$0	$0	$303,511

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
2022	$31,601,973	$31,989,032	$4,244,574	$-387,059
2021	$30,983,930	$31,009,757	$5,103,694	$-25,827
2020	$31,096,082	$31,818,274	$11,940,848	$-722,192
2019	$30,045,952	$30,281,115	$11,340,785	$-235,163
2018	$30,394,875	$31,891,840	$10,905,105	$-1,496,965

COLORADO WEST REGIONAL MENTAL HEALTH INC