BE THE CHANGE IN MENTAL HEALTH (EIN 851043181) - 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

2020

Legal Domicile

Principal Officer

M CHILCOTT MD

Phone

7078007568

Tax Period

2024-01-01 to 2024-12-31

BE THE CHANGE IN MENTAL HEALTH, founded in 2020, is a small nonprofit in the Mental Health sector that reported $629K in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $563K left a modest 10% surplus.

Mission

TO BRING PSYCHEDELIC-ASSISTED PSYCHOTHERAPY TO THE PUBLIC IN A SAFE, MEDICALLY SUPERVISED AND MANAGED,LEGAL MANNER AND DELIVER OTHER EFFECTIVE TREATMENTS TO ENHANCE MENTAL WELLNESS

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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 $440,726

Program Service Revenue $188,288

Investment Income $236

Other Revenue $0

TOTAL REVENUE $629,250

Expense Breakdown

Grants Paid $0

Salaries & Benefits $220,760

Fundraising Expenses $0

Program Expenses $460,424

Other Expenses $342,434

TOTAL EXPENSES $563,194

Year-over-Year Comparison

	2024	2023	Change
Revenue	$629,250	$492,149	+0.3%
Expenses	$563,194	$770,747	-0.3%
Net Income	$66,056	$-278,598	-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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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

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

$45,960

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
M CRIPPEN	ED/Secretary	40.00	Officer	$45,960	$0	$45,960
M CHILCOTT MD	CEO/CMO	20.00	Officer Director	$0	$0	$0
L MCMAHON	President	1.00	Officer Director	$0	$0	$0
K LARSON	Vice President	1.00	Director	$0	$0	$0
TRACY WEBB	MEMBER	1.00	Director	$0	$0	$0
TIM WEBB	MEMBER	1.00	Director	$0	$0	$0
E SCHRAM	Vice President	1.00	Officer 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	$629,250	$563,194	$613,517	$66,056
2023	$492,149	$770,747	$643,512	$-278,598
2022	$425,284	$526,048	$618,367	$-100,764

BE THE CHANGE IN MENTAL HEALTH