Victor Treatment Centers Inc

EIN: 942264395 501(c)(3) Mental Health

Chico, CA

Total Revenue
$17,497,584
Total Expenses
$16,328,949
Total Assets
$27,512,259
Net Assets
$23,474,316
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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
CA
Principal Officer
Simona Cataldo
Phone
5308930758
Tax Period
2023-07-01 to 2024-06-30

Victor Treatment Centers Inc, founded in 1976, is a mid-sized nonprofit in the Mental Health sector that reported $17.5M in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $16.3M left a modest 7% surplus.

Mission

As part of its broad continuum of services, Victor Treatment Centers, Inc. operates a 24-hour residential treatment facility for severely emotionally disturbed and mentally ill minors also providing special education and mental health services. VTC also provides special education which provides a positive experience and a comprehensive educational curriculum. VTC receives most of its funding from county and state agencies, with certain portions of its funding originating from the federal government.

Program Service Accomplishments

Program 1
Expenses: $3,731,874

Residential Services: VTC residential services are offered in Santa Rosa, California. The Residential programs served 39 clients.

Program 2
Expenses: $4,222,721

VTC provides a full range of individualized specialty mental health services and medication support services to youth placed in VTC's residential programs, and community based mental health services...

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VTC provides a full range of individualized specialty mental health services and medication support services to youth placed in VTC's residential programs, and community based mental health services to youth in Los Angeles County. These services are based on a comprehensive assessment of needs and are provided by highly trained and licensed staff, mental health professionals and para-professionals. All services are individualized to the specific child/youth and their family. VTC places great emphasis on the utilization of nationally recognized Evidenced Based Practices in the provision of its mental health services. During the reporting period, 188 clients were served.

Program 3
Expenses: $1,884,739 Revenue: $1,565,817

School Services: We provide specialized, accredited, non-public school services in conjunction with our residential and mental health services to address the educational needs of children who are...

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School Services: We provide specialized, accredited, non-public school services in conjunction with our residential and mental health services to address the educational needs of children who are unable to learn and function effectively in public school settings due to their serious emotional disturbances. These services are also provided to many students who live in the community, yet require a highly intensive educational environment in which to learn. We are proud of the many children who successfully transition back to public education settings and who make dramatic academic progress in our schools. The School programs served 54 students.

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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 $14,207,145
Program Service Revenue $1,565,817
Investment Income $556,287
Other Revenue $1,168,335
TOTAL REVENUE $17,497,584

Expense Breakdown

Grants Paid $0
Salaries & Benefits $10,147,219
Fundraising Expenses $0
Program Expenses $13,589,389
Other Expenses $6,181,730
TOTAL EXPENSES $16,328,949

Year-over-Year Comparison

2023 2022 Change
Revenue $17,497,584 $18,991,829 -0.1%
Expenses $16,328,949 $17,722,662 -0.1%
Net Income $1,168,635 $1,269,167 -0.1%
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
3
Employees
167
Volunteers
5

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
$108,300
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cathy Rayden Board Chair 2.00
Officer Director
$0 $0 $0
Karenlee Mannerino Board Secretary 1.00
Officer Director
$0 $0 $0
Kasim Khan Board Member 1.00
Director
$0 $0 $0
Susan Forbes Board Member (end 3/24) 1.00
Director
$0 $0 $0
Jana Trew Board Member (end 2/24) 1.00
Director
$0 $0 $0
Edward Hackett CFO/Treasurer 1.00
Officer
$0 $0 $0
Simona Cataldo CEO 30.00
Officer
$108,300 $0 $108,300
Kelly Hernandez Director 40.00
Highest
$169,087 $37,841 $206,928
Lorraine Romero Director 40.00
Highest
$108,606 $22,013 $130,619
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 No data No data No data No data
2024 $17,497,584 $16,328,949 $27,512,259 $1,168,635
2023 $18,991,829 $17,722,662 $25,768,068 $1,269,167
2022 $23,041,384 $23,658,999 $23,632,241 $-617,615
2021 $23,437,661 $33,633,900 $25,764,928 $-10,196,239
2020 $29,795,909 $28,955,865 $36,551,717 $840,044
2019 $32,679,205 $60,136,259 $36,372,774 $-27,457,054
2018 $24,006,370 $19,717,936 $58,032,163 $4,288,434
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