Civic Intelligence

Monadnock Family Services Inc

EIN 02-6012230 • 501(c)3 • Keene, NH

Profile

To be a source of health and hope for people in the communities in which they live. To foster mental and emotional wellness for individuals of all ages and to create services that heal, education that transforms, and advocacy that brings a just society.

64 Main Street 211Keene, NH 03431

www.mfs.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

75th percentile

0.48x

Higher debt load relative to assets than 75% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

45th percentile

0.18x

Higher debt load relative to revenue than 45% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

19th percentile

-9.1%

Higher net margin than 19% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$200,975

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

5th percentile

-22%

Faster asset growth than 5% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

19th percentile

-11%

Faster revenue growth than 19% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$5,207,200

Down $1,502,712 (-22%) from 2023

Liabilities

Down

$2,486,168

Down $499,193 (-17%) from 2023

Net Assets

Down

$2,721,032

Down $1,003,519 (-27%) from 2023

Revenue

Down

$13,614,930

Down $1,620,681 (-11%) from 2023

Expenses

Up

$14,850,549

Up $135,575 (+0.9%) from 2023

Net Income

Down

-$1,235,619

Down $1,756,256 (-337%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $3,112,252Liabilities 2011: $2,089,416Net Assets 2011: $1,022,8362011Assets 2012: $2,501,745Liabilities 2012: $1,596,332Net Assets 2012: $905,4132012Assets 2013: $2,537,705Liabilities 2013: $1,637,441Net Assets 2013: $900,2642013Assets 2014: $2,234,348Liabilities 2014: $1,086,603Net Assets 2014: $1,147,7452014Assets 2015: $2,024,165Liabilities 2015: $806,508Net Assets 2015: $1,217,6572015Assets 2016: $1,583,657Liabilities 2016: $596,788Net Assets 2016: $986,8692016Assets 2017: $2,415,907Liabilities 2017: $1,149,919Net Assets 2017: $1,265,9882017Assets 2018: $2,653,632Liabilities 2018: $1,121,401Net Assets 2018: $1,532,2312018Assets 2019: $3,138,070Liabilities 2019: $1,483,448Net Assets 2019: $1,654,6222019Assets 2020: $4,446,040Liabilities 2020: $1,843,123Net Assets 2020: $2,602,9172020Assets 2021: $5,699,911Liabilities 2021: $2,194,946Net Assets 2021: $3,504,9652021Assets 2022: $7,316,671Liabilities 2022: $4,163,764Net Assets 2022: $3,152,9072022Assets 2023: $6,709,912Liabilities 2023: $2,985,361Net Assets 2023: $3,724,5512023Assets 2024: $5,207,200Liabilities 2024: $2,486,168Net Assets 2024: $2,721,0322024

Highlighted filing

2024

Assets$5,207,200
Liabilities$2,486,168
Net Assets$2,721,032

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MRevenue 2011: $8,927,267Expenses 2011: $9,606,542Net Income 2011: -$679,2752011Revenue 2012: $10,009,953Expenses 2012: $9,282,296Net Income 2012: $727,6572012Revenue 2013: $9,060,790Expenses 2013: $9,112,904Net Income 2013: -$52,1142013Revenue 2014: $10,438,952Expenses 2014: $9,821,893Net Income 2014: $617,0592014Revenue 2015: $9,355,105Expenses 2015: $9,267,496Net Income 2015: $87,6092015Revenue 2016: $9,457,576Expenses 2016: $9,675,698Net Income 2016: -$218,1222016Revenue 2017: $9,509,870Expenses 2017: $9,280,901Net Income 2017: $228,9692017Revenue 2018: $9,889,572Expenses 2018: $9,817,823Net Income 2018: $71,7492018Revenue 2019: $11,145,633Expenses 2019: $11,224,592Net Income 2019: -$78,9592019Revenue 2020: $12,886,475Expenses 2020: $12,644,756Net Income 2020: $241,7192020Revenue 2021: $14,102,715Expenses 2021: $13,434,042Net Income 2021: $668,6732021Revenue 2022: $15,904,741Expenses 2022: $15,971,152Net Income 2022: -$66,4112022Revenue 2023: $15,235,611Expenses 2023: $14,714,974Net Income 2023: $520,6372023Revenue 2024: $13,614,930Expenses 2024: $14,850,549Net Income 2024: -$1,235,6192024

Highlighted filing

2024

Revenue$13,614,930
Expenses$14,850,549
Net Income-$1,235,619

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.21$2.49$2.72$13.6$14.9$1.24
2023Detailed filing. Detailed filing data is available for this year.$6.71$2.99$3.72$15.2$14.7$0.52
2022Detailed filing. Detailed filing data is available for this year.$7.32$4.16$3.15$15.9$16.0$0.07
2021Detailed filing. Detailed filing data is available for this year.$5.70$2.19$3.50$14.1$13.4$0.67
2020Detailed filing. Detailed filing data is available for this year.$4.45$1.84$2.60$12.9$12.6$0.24
2019Detailed filing. Detailed filing data is available for this year.$3.14$1.48$1.65$11.1$11.2$0.08
2018Detailed filing. Detailed filing data is available for this year.$2.65$1.12$1.53$9.89$9.82$0.07
2017Detailed filing. Detailed filing data is available for this year.$2.42$1.15$1.27$9.51$9.28$0.23
2016Summary only. Only limited summary data is available for this year.$1.58$0.60$0.99$9.46$9.68$0.22
2015Summary only. Only limited summary data is available for this year.$2.02$0.81$1.22$9.36$9.27$0.09
2014Summary only. Only limited summary data is available for this year.$2.23$1.09$1.15$10.4$9.82$0.62
2013Summary only. Only limited summary data is available for this year.$2.54$1.64$0.90$9.06$9.11$0.05
2012Summary only. Only limited summary data is available for this year.$2.50$1.60$0.91$10.0$9.28$0.73
2011Summary only. Only limited summary data is available for this year.$3.11$2.09$1.02$8.93$9.61$0.68
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Jan 15, 2025
Return Version
2023v6.0
Gross Receipts
$13,614,930
Mission and Program Overview

Mission

To be a source of health and hope for people in the communities in which they live. To foster mental and emotional wellness for individuals of all ages and to create services that heal, education that transforms, and advocacy that brings a just society.

Monadnock family services' mission is to be a source of health and hope for people in the communities in which they live.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$1,451,584$1,938,996▲ $487,412
Cash and Non-Interest-Bearing Accounts$2,496,641$522,021▼ $1,974,620
Land, Buildings, and Equipment, Net$357,301$443,269▲ $85,968
Prepaid Expenses and Deferred Charges$72,100$103,269▲ $31,169
Pledges and Grants Receivable$269,746$50,730▼ $219,016
Total Assets$6,495,439$5,207,200▼ $1,288,239
Other Assets Total$1,848,067$2,148,915▲ $300,848
Liabilities
Accounts Payable and Accrued Expenses$793,363$997,921▲ $204,558
Other Liabilities$1,470,336$918,884▼ $551,452
Deferred Revenue$452,763$569,363▲ $116,600
Total Liabilities$2,716,462$2,486,168▼ $230,294
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,491,094$2,401,690▼ $1,089,404
Net Assets With Donor Restrictions$287,883$319,342▲ $31,459
Total Net Assets Fund Balance$3,778,977$2,721,032▼ $1,057,945
Total Liabilities and Net Assets / Fund Balance$6,495,439$5,207,200▼ $1,288,239

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$103,697$128,853-
Other Land Buildings$61,601$179,866-
Equipment$272,637$343,894-
Leasehold Improvements$5,334$45,597-
Other Assets Org$196,038--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$81,214---$81,214
2022$81,214---$81,214
2021$81,214---$81,214
2020$81,214---$81,214
2019$81,214---$81,214
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Debra ColteyAdvanced Practice RegisterFT$175,739$25,236$200,975
Susanna WoodsAprn PsychiatristFT$178,834$13,732$192,566
Philip WyzikChief Executive OfficerFT$177,271$13,712$190,983
Tonya CornellAdvanced Practice RegisterFT$158,102$19,311$177,413
George PiersDirector of Counseling SerFT$115,237$32,796$148,033
Patricia DilleNurseFT$145,357$2,184$147,541
Gigi PrattChief Financial OfficerFT$128,120$13,108$141,228
Melinda AsburyChief Medical OfficerFT$112,688$3,217$115,905
Kevin StevensonDirector of Acute Care SerFT$105,228$3,844$109,072

Board Members and Trustees

NameTitle
Reba CloughChair
Alfred John SantosVice Chair
Andrew ParsleyBoard Member
Brian DonovanBoard Member
Chris SpragueBoard Member
Christine HoustonBoard Member
Heather ScheckBoard Member
Joe SchapiroBoard Member
Julie GreenBoard Member
Karen JohnsonBoard Member
Lisa FooteBoard Member
Mike JablonskiBoard Member
Laurie AppelAssistant Secretary
Sharman HoweSecretary
Glenn GallowayTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Chesco INCSocial Service145 GILBO AVE, Keene, NH 03431$164,440
Revenue and Support

Revenue Composition

Contributions and Grants
$2,583,105
Program Service Revenue
$10,990,775
Investment Income
$9,333
Other Revenue
$31,717
All Other Contributions
$2,143,689
Change in Net Assets
$-1,235,619

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,614,930
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$177,674
Total Revenue per Audited Statements
$13,792,604
Total Revenue per Form 990
$13,614,930
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$11,978,466
Other Expenses$2,849,882
Grants and Similar Amounts Paid$22,201
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$7,550,924$920,391-$8,471,315
Other Employee Benefits$1,988,071$241,526-$2,229,597
Payroll Taxes$571,514$91,344-$662,858
Current Officers, Directors, Trustees, and Key Employees$305,511$309,185-$614,696
All Other Expenses$320,941$71,084-$392,025
Other Expenses$208,663$0-$208,663
Travel$161,774$2,626-$164,400
Fees for Services Other$36,988$122,255-$159,243
Fees for Services Accounting$100,835$7,415-$108,250
Depreciation Depletion$88,648$3,055-$91,703
Occupancy$45,634$6,806-$52,440
Insurance$46,639$4,764-$51,403
Office Expenses$38,466$9,816-$48,282
Advertising$18,777$11,990-$30,767
Grants to Domestic Orgs$22,201--$22,201
Fees for Services Legal$7,434$6,149-$13,583
Conferences and Meetings$8,984$279-$9,263
Interest$1,396$7,523-$8,919
Total Functional Expenses$12,867,881$1,982,668$0$14,850,549

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$14,850,549
Total Expenses per Audited Statements$14,850,549
Total Expenses per Form 990$14,850,549
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Monadnock Regional Foundation for Family Services IncKeene, NH-Contribution of Stock for the Monadnock Regional Foundation for Family Services, Inc.$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliates$392,762
Demand Notes Payable$250,000
Operating Lease Liability$196,038
Other Current Liabilities$80,084
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 was provided to the organization's governing body before it was filed.

Form 990, Part VI, Section B, Line 12C

Regularly at board meetings, conflict of interest policy is discussed among all of the board members.

Form 990, Part VI, Section B, Line 15

The process for determining comepnsation for the officers and key employees is determined through a thoughtful and diligent review of funding sources in conjunction with a comparison of market value for similar non-profit positions.

Form 990, Part VI, Section C, Line 19

The form 990 is available upon request.

Filing and Contact Details

Filer

Filer Name
Monadnock Family Services
EIN
02-6012230
Phone
6033574400
Address
64 MAIN STREET 211, KEENE, NH 03431

Signing Officer

Name
Gigi Pratt
Title
Chief Financial Officer
Phone
6032831651
Signed
2025-01-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gigi Pratt
Formed
1967
Legal Domicile
Nh
Voting Board Members
15
Independent Board Members
15
Employees
234
Volunteers
15

Preparer

Firm
Leone Mcdonnell & Roberts Pa
Address
61 SOUTH MAIN STREET PO BOX 1140, WOLFEBORO, NH 03894
Preparer
Evan J Stowell
Phone
6035691953
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Telephone: program service expenses 124,831. Management and general expenses 31,736. Fundraising expenses 0. Total expenses 156,567. Food: program service expenses 71,674. Management and general expenses 0. Fundraising expenses 0. Total expenses 71,674. Other: program service expenses 21,920. Management and general expenses 15,018. Fundraising expenses 0. Total expenses 36,938. Postage: program service expenses 14,778. Management and general expenses 9,581. Fundraising expenses 0. Total expenses 24,359. Building and household: program service expenses 20,622. Management and general expenses 3,679. Fundraising expenses 0. Total expenses 24,301. Equipment rental: program service expenses 13,034. Management and general expenses 3,461. Fundraising expenses 0. Total expenses 16,495. Printing: program service expenses 12,446. Management and general expenses 273. Fundraising expenses 0. Total expenses 12,719. Journals and publications: program service expenses 6,129. Management and general expenses 3,481. Fundraising expenses 0. Total expenses 9,610. Equipment maintenance: program service expenses 7,613. Management and general expenses 1,171. Fundraising expenses 0. Total expenses 8,784. Other utilities: program service expenses 7,516. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,516. Other staff development: program service expenses 7,436. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,436. Medical supplies: program service expenses 5,248. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,248. In-service training: program service expenses 3,326. Management and general expenses 41. Fundraising expenses 0. Total expenses 3,367. Membership dues: program service expenses 518. Management and general expenses 2,498. Fundraising expenses 0. Total expenses 3,016. Repairs: program service expenses 1,874. Management and general expenses 145. Fundraising expenses 0. Total expenses 2,019. Education and training: program service expenses 1,976. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,976.

FORM 990, PART XI, LINE 9:

Beneficial interest in foundation 177,674.

FORM 990, PART XII, LINE 2C:

Process has not changed from prior year

Financial Statement Notes

PART X, LINE 2:

Management believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Net gain on beneficial interest in foundation

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IRS990/Form990PartVIISectionAGrp/TitleTxt3ADVANCED PRACTICE REGISTER
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IRS990/Form990PartVIISectionAGrp/TitleTxt7CHIEF MEDICAL OFFICER
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IRS990/MissionDesc0TO BE A SOURCE OF HEALTH AND HOPE FOR PEOPLE IN THE COMMUNITIES IN WHICH THEY LIVE. TO FOSTER MENTAL AND EMOTIONAL WELLNESS FOR INDIVIDUALS OF ALL AGES AND TO CREATE SERVICES THAT HEAL, EDUCATION THAT TRANSFORMS, AND ADVOCACY THAT BRINGS A JUST SOCIETY.
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