Civic Intelligence

Centerstone Learning

EIN 27-4417281 • 501(c)3 • Nashville, TN

Profile

We are dedicated to delivering care that changes people's lives. Centerstone learning (learningrx) is a non-for-profit subsidiary of centerstone kentucky. For the last seven years, the organization has helped over 400 children and adults in the louisville area strengthen cognitive skills. The cognitive training program at learningrx is based on the science of neuroplasticity, the brain's ability to adapt and grow - reorganizing neural pathways and even creating new ones. Trainers work one on one, coaching clients through a series mental exercises to improve the way the brain thinks, reads, learns, focuses, and remembers. These improvements are then transferable to academics, work, and life. Centerstone learning is an affiliate of centerstone of america, inc. Centerstone of kentucky is the sole corporate member of centerstone learning, inc.

44 Vantage Way Suite 400Nashville, TN 37228

www.learningrx.com/LOUISVILLE-SPRINGHURST

Siviq Scores

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

Liabilities / Assets

98th percentile

5.12x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

96th percentile

1.76x

Higher debt load relative to revenue than 96% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

25th percentile

-18%

Higher net margin than 25% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

100th percentile

$345,486

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 78.6% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

87th percentile

50%

Faster asset growth than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2018

Revenue Growth

35th percentile

-15%

Faster revenue growth than 35% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2018

Assets

Down

$0

Down $108,436 (-100%) from 2018

Liabilities

Down

$0

Down $555,549 (-100%) from 2018

Net Assets

Up

$0

Up $447,113 (+100%) from 2018

Revenue

Up

$784,795

Up $469,770 (+149%) from 2018

Expenses

Down

$337,682

Down $32,578 (-8.8%) from 2018

Net Income

Up

$447,113

Up $502,348 (+909%) from 2018

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2014: $371,059Liabilities 2014: $482,362Net Assets 2014: -$111,3032014Assets 2015: $194,355Liabilities 2015: $392,924Net Assets 2015: -$198,5692015Assets 2016: $48,359Liabilities 2016: $372,753Net Assets 2016: -$324,3942016Assets 2018: $108,436Liabilities 2018: $555,549Net Assets 2018: -$447,1132018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019

Highlighted filing

2019

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2014: $750,812Expenses 2014: $861,747Net Income 2014: -$110,9352014Revenue 2015: $624,550Expenses 2015: $711,816Net Income 2015: -$87,2662015Revenue 2016: $439,624Expenses 2016: $565,449Net Income 2016: -$125,8252016Revenue 2018: $315,025Expenses 2018: $370,260Net Income 2018: -$55,2352018Revenue 2019: $784,795Expenses 2019: $337,682Net Income 2019: $447,1132019

Highlighted filing

2019

Revenue$784,795
Expenses$337,682
Net Income$447,113

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Dec 18, 2019
Return Version
2018v3.1
Gross Receipts
$784,795
Mission and Program Overview

Mission

To help struggling students reach their potential, both in the classroom and in life, by providing intensive, one-on-one cognitive training.

We are dedicated to delivering care that changes people's lives. Centerstone learning (learningrx) is a non-for-profit subsidiary of centerstone kentucky. For the last seven years, the organization has helped over 400 children and adults in the louisville area strengthen cognitive skills. The cognitive training program at learningrx is based on the science of neuroplasticity, the brain's ability to adapt and grow - reorganizing neural pathways and even creating new ones. Trainers work one on one, coaching clients through a series mental exercises to improve the way the brain thinks, reads, learns, focuses, and remembers. These improvements are then transferable to academics, work, and life. Centerstone learning is an affiliate of centerstone of america, inc. Centerstone of kentucky is the sole corporate member of centerstone learning, inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$85,247$0▼ $85,247
Cash and Non-Interest-Bearing Accounts$18,356$0▼ $18,356
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$108,436$0▼ $108,436
Other Assets Total$4,833$0▼ $4,833
Liabilities
Other Liabilities$413,657$0▼ $413,657
Deferred Revenue$129,610--
Accounts Payable and Accrued Expenses$12,282--
Total Liabilities$555,549$0▼ $555,549
Net Assets / Fund Balance
Unrestricted Net Assets$-447,113$0▲ $447,113
Total Net Assets Fund Balance$-447,113$0▲ $447,113
Total Liabilities and Net Assets / Fund Balance$108,436$0▼ $108,436
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michelle WrightExecutive DirectorFT$58,322$9,420$67,742

Board Members and Trustees

NameTitle
Anthony ZippleChairman
Abby DranePresident
David RayDirector
Nina BainDirector
Brandon WhiteSecretary
Christopher RoszmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$346,766
Investment Income
$0
Other Revenue
$438,029
Change in Net Assets
$447,113

Audited Revenue Reconciliation

Revenue per Audited Statements
$784,795
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$784,795
Total Revenue per Form 990
$784,795
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$175,853
Salaries, Compensation, and Employee Benefits$161,829
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$141,116--$141,116
Fees for Services Other$47,577--$47,577
Advertising$39,324--$39,324
Occupancy$30,102--$30,102
Office Expenses$24,239--$24,239
Fees for Services Management-$23,710-$23,710
Other Employee Benefits$20,713--$20,713
Depreciation Depletion$4,833--$4,833
Travel$4,723--$4,723
Insurance$1,345--$1,345
Total Functional Expenses$313,972$23,710$0$337,682

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$337,682
Total Expenses per Audited Statements$337,682
Total Expenses per Form 990$337,682
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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 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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The sole stockholder of the organization is centerstone of america, inc. An indiana nonprofit corporation.

Form 990, Part VI, Section A, Line 7A

The sole stockholder shall be entitled to appoint at least one board director as specified in the bylaws of the corporation.

Form 990, Part VI, Section A, Line 7B

The following decisions are to be ratified by the sole stockholder prior to action: formation or acquisition of legal entities by the corporation; amendment of the charter or bylaws of the corporation; approval, acceptance, amendment or termination of contracts of the corporation to provide services outside the historical lines of business or services engaged in by the corporation; and adoption and amendment of the statement of the mission of the corporation.

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

The process of reviewing the form 990 entails a detailed review of the form 990 by the organization's chief executive officer, chief financial officer, corporate controller, and the board of centerstone of america. The form 990 including requested schedules, as ultimately filed with the irs, are provided electronically to each voting member of the organization's governing body prior to filing.

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

The board has adopted a written conflict of interest policy. On an annual basis board members complete a board expectations letter in which the members affirm that they are aware of the conflict of interest policy and that they have reported any potential conflicts of interest. Further, the board has adopted a policy which requires board members to complete a conflict of interest acknowledgement and disclosure form on an anaual basis. In addition, the chair inquires at the beginning of each meeting if board members have any new or potential conflicts of interest that have arisen since the previous board meeting necessitating disclosure. For employees, the company's code of conduct contains a written conflict of interest policy. Employees are requireed to certify on an annual basis that they have read and will abide by the conflict of interest policy. Further, senior executives of the company are requireed to complete a conflict of interest acknowledgement and disclosure form on an annual basis.

Form 990, Part VI, Section B, Line 15

In 2019 centerstone of america contracted with a third party consultant to conduct an assessment of the behavioral health marketplace ceo compensation and provide recommendations to the organization's board of directors in forming a compensation package for the ceo of centerstone of america, inc. As a result, the compensation package of centerstone of america's ceo was updated in 2019 to reflect the current market rates. The ceo's compensation package is reviewed by the board of directors on an annual basis. Compensation for the ceos of the centerstone affiliated organizations is determined by the ceo of centerstone of america utilizing compensation surveys available from the industry's two major associations, and is subject to review by the centerstone of america board on an annual basis. Executive compensation packages were reviewed and adjusted to market as needed during the 2018 tax year.

Form 990, Part VI, Section C, Line 19

The governing documents and conflict of interest policy are available for public inspection upon request. The financial statements however are not available for public inspection.

Filing and Contact Details

Filer

Filer Name
Centerstone Learning
EIN
27-4417281
Phone
5025898615
Address
44 VANTAGE WAY SUITE 400, NASHVILLE, TN 37228

Signing Officer

Name
Steven C Holman
Title
Chief Financial Officer
Phone
6154636537
Signed
2019-12-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anthony Zipple
Formed
2010
Legal Domicile
Ky
Voting Board Members
4
Independent Board Members
3
Employees
21
Volunteers
7

Preparer

Firm
Lbmc Pc
Address
PO BOX 1869, BRENTWOOD, TN 37024-1869
Preparer
Jill Hudson
Phone
6153774600
Supplemental Narrative

Additional Explanations

FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:

Our mission is to "deliver care that changes people's lives." centerstone learning is part of centerstone of kentucky, and centerstone of kentucky is the sole corporate member of scs learning, inc. For the 2019 tax year ended june 30, 2019, centerstone of america and its affiliates earned gross revenue of $363 million. Centerstone is a nationally recognized, not-for-profit behavioral health care organization dedicated to delivering care that changes people's lives. We provide mental health and substance use treatment, related crisis care, education and support to people of all ages in communities in florida, illinois, indiana, kentucky, and tennessee. We also serve specialized populations including service members, veterans and their loved ones, individuals with intellectual and developmental disabilities, and at-risk children. Our research institute improves behavioral health care through research, evaluation and technology, and our foundation secures philanthropic resources to support our work. Operating with 5,000 employees and hundreds of volunteers, centerstone provides life-changing and life-saving services to more than 170,000 individuals and families in more than 200 facilities.

Form 990, Part IX, Line 11G

Other service fee: program service expenses 47,577. Management and general expenses 0. Fundraising expenses 0. Total expenses 47,577.

FORM 990, PART XII, LINE 2C:

The centerstone of america board of directors assumes responsibility for oversight of the audit of the financial statements and no processes have changed from prior year.

Financial Statement Notes

PART X, LINE 2:

Centerstone learning, inc. Is principally organized as a not-for-profit corporation under section 501(c)(3) of the united states internal revenue code ("irc"). The exemption is on all income except unrelated business income as noted under section 511 of the irc. Irc section 513(a) defines an unrelated trade or business of an exempt organization as any trade or business which is not substantially related to the exercise or performance of its exempt purpose. As such, these organizations are generally exempt from income taxes and are required to file federal form 990-return of organization exempt from income tax, which is an informational return only. Accounting principles generally accepted in the united states of america ("gaap") require management to evaluate tax positions taken and recognize a tax liability if it is more likely than not that an uncertain tax position would not be sustained upon examination by various federal and state taxing authorities. Management has analyzed the tax positions taken and has concluded that as of june 30, 2018 there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the accompanying financial statements. The corporation is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0WE ARE DEDICATED TO DELIVERING CARE THAT CHANGES PEOPLE'S LIVES. CENTERSTONE LEARNING (LEARNINGRX) IS A NON-FOR-PROFIT SUBSIDIARY OF CENTERSTONE KENTUCKY. FOR THE LAST SEVEN YEARS, THE ORGANIZATION HAS HELPED OVER 400 CHILDREN AND ADULTS IN THE LOUISVILLE AREA STRENGTHEN COGNITIVE SKILLS. THE COGNITIVE TRAINING PROGRAM AT LEARNINGRX IS BASED ON THE SCIENCE OF NEUROPLASTICITY, THE BRAIN'S ABILITY TO ADAPT AND GROW - REORGANIZING NEURAL PATHWAYS AND EVEN CREATING NEW ONES. TRAINERS WORK ONE ON ONE, COACHING CLIENTS THROUGH A SERIES MENTAL EXERCISES TO IMPROVE THE WAY THE BRAIN THINKS, READS, LEARNS, FOCUSES, AND REMEMBERS. THESE IMPROVEMENTS ARE THEN TRANSFERABLE TO ACADEMICS, WORK, AND LIFE. CENTERSTONE LEARNING IS AN AFFILIATE OF CENTERSTONE OF AMERICA, INC. CENTERSTONE OF KENTUCKY IS THE SOLE CORPORATE MEMBER OF CENTERSTONE LEARNING, INC.
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IRS990/Desc0WE ARE A FAMILY OF ORGANIZATIONS COMMITTED TO ADVANCING CARE AND SOLUTIONS. OPERATING WITH 5,000+ EMPLOYEES AND HUNDREDS OF VOLUNTEERS, CENTERSTONE PROVIDES LIFE-CHANGING AND LIFE-SAVING SERVICES TO MORE THAN 172,000 INDIVIDUALS AND FAMILIES IN MORE THAN 200 FACILITIES AND THROUGH A 700+ PROVIDER NETWORK NATIONWIDE. CENTERSTONE IS CARF ACCREDITED IN ILLINOIS, INDIANA AND TENNESSEE AND JOINT COMMISSION ACCREDITED IN FLORIDA AND KENTUCKY.WE ACCEPT MOST INSURANCE AND PRIVATE PAY FOR SERVICES, AND ARE ABLE TO OFFER CARE THROUGH ADDITIONAL CONTRACTS AND GRANTS FROM FEDERAL, STATE AND LOCAL GOVERNMENT, AS WELL AS PHILANTHROPIC DONATIONS FROM FOUNDATIONS, CORPORATIONS AND INDIVIDUALS.CENTERSTONE'S GROWTH FIRST AND FOREMOST HAS BENEFITED ITS CLIENTS AND COMMUNITIES THROUGH THE IDENTIFICATION AND SUPPORT OF MORE EFFECTIVE TREATMENT PRACTICES, TECHNOLOGY-ENABLED CARE TOOLS, ENHANCED OPERATIONAL EFFICIENCIES, AND VASTLY INCREASED ACCESS TO PHILANTHROPIC AND GOVERNMENT SUPPORT FOR INDIVIDUALS AND FAMILIES WITH LIMITED RESOURCES.CENTERSTONE IS QUICKLY BECOMING ONE OF THE LARGEST HEALTHCARE ORGANIZATIONS OF ITS KIND IN THE NATION. CENTERSTONE OF AMERICA'S PRIMARY AFFILIATED CORPORATIONS INCLUDE, CENTERSTONE OF TENNESSEE, CENTERSTONE OF INDIANA, CENTERSTONE OF ILLINOIS, CENTERSTONE OF FLORIDA, CENTERSTONE OF KENTUCKY, CENTERSTONE RESEARCH INSTITUTE, CENTERSTONE MILITARY SERVICES, AND CENTERSTONE SOLUTIONS, INC. CENTERSTONE FOUNDATION SERVERS AS THE PHILANTHROPIC ARM FOR ORGANIZATION IN SUPPORT OF THE AFFILIATED COMPANIES.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CENTERSTONE LEARNING, INC. IS PRINCIPALLY ORGANIZED AS A NOT-FOR-PROFIT CORPORATION UNDER SECTION 501(C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE ("IRC"). THE EXEMPTION IS ON ALL INCOME EXCEPT UNRELATED BUSINESS INCOME AS NOTED UNDER SECTION 511 OF THE IRC. IRC SECTION 513(A) DEFINES AN UNRELATED TRADE OR BUSINESS OF AN EXEMPT ORGANIZATION AS ANY TRADE OR BUSINESS WHICH IS NOT SUBSTANTIALLY RELATED TO THE EXERCISE OR PERFORMANCE OF ITS EXEMPT PURPOSE. AS SUCH, THESE ORGANIZATIONS ARE GENERALLY EXEMPT FROM INCOME TAXES AND ARE REQUIRED TO FILE FEDERAL FORM 990-RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, WHICH IS AN INFORMATIONAL RETURN ONLY. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA ("GAAP") REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY IF IT IS MORE LIKELY THAN NOT THAT AN UNCERTAIN TAX POSITION WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN AND HAS CONCLUDED THAT AS OF JUNE 30, 2018 THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE CORPORATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleJ/AnyNonFixedPaymentsInd00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ANTHONY ZIPPLE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1CHRISTOPHER ROSZMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CHAIRMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1TREASURER
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IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
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IRS990ScheduleN/AttorneyGeneralNotifiedInd00
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IRS990ScheduleN/DirectorOfSuccessor2Ind00
IRS990ScheduleN/DirectorOfSuccessorInd00
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0CASH AND ACCOUNTS RECEIVABLE
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc1SALE OF SCS LEARNING ASSETS OTHER THAN CASH AND RECEIVABLES
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt0CENTERSTONE OF KENTUCKY INC
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt1LOUISVILLE LEARNING LLC
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02019-06-01
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt12019-06-01
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IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt0501(C)3
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt1LIMITED LIABILITY COMPANY
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0PURCHASER AND SELLER AGREEMENT
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt010101 LINN STATION RD SUITE 6
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt117204 CREEK RIDGE RD
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm0LOUISVILLE
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm1LOUISVILLE
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IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensation2Ind00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd00
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0ALL ASSETS OF CENTERSTONE LEARNING WERE SOLD TO LOUISVILLE LEARNING, LLC AS OF JUNE 1, 2019, EXCEPT FOR CASH AND ACCOUNTS RECEIVABLES, WHICH WERE THEN TRANSFERRED TO CENTERSTONE OF KENTUCKY, INC., A 501(C)3 ORGANIZATION.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0PARTS I AND II
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OUR MISSION IS TO "DELIVER CARE THAT CHANGES PEOPLE'S LIVES." CENTERSTONE LEARNING IS PART OF CENTERSTONE OF KENTUCKY, AND CENTERSTONE OF KENTUCKY IS THE SOLE CORPORATE MEMBER OF SCS LEARNING, INC. FOR THE 2019 TAX YEAR ENDED JUNE 30, 2019, CENTERSTONE OF AMERICA AND ITS AFFILIATES EARNED GROSS REVENUE OF $363 MILLION. CENTERSTONE IS A NATIONALLY RECOGNIZED, NOT-FOR-PROFIT BEHAVIORAL HEALTH CARE ORGANIZATION DEDICATED TO DELIVERING CARE THAT CHANGES PEOPLE'S LIVES. WE PROVIDE MENTAL HEALTH AND SUBSTANCE USE TREATMENT, RELATED CRISIS CARE, EDUCATION AND SUPPORT TO PEOPLE OF ALL AGES IN COMMUNITIES IN FLORIDA, ILLINOIS, INDIANA, KENTUCKY, AND TENNESSEE. WE ALSO SERVE SPECIALIZED POPULATIONS INCLUDING SERVICE MEMBERS, VETERANS AND THEIR LOVED ONES, INDIVIDUALS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES, AND AT-RISK CHILDREN. OUR RESEARCH INSTITUTE IMPROVES BEHAVIORAL HEALTH CARE THROUGH RESEARCH, EVALUATION AND TECHNOLOGY, AND OUR FOUNDATION SECURES PHILANTHROPIC RESOURCES TO SUPPORT OUR WORK. OPERATING WITH 5,000 EMPLOYEES AND HUNDREDS OF VOLUNTEERS, CENTERSTONE PROVIDES LIFE-CHANGING AND LIFE-SAVING SERVICES TO MORE THAN 170,000 INDIVIDUALS AND FAMILIES IN MORE THAN 200 FACILITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SOLE STOCKHOLDER OF THE ORGANIZATION IS CENTERSTONE OF AMERICA, INC. AN INDIANA NONPROFIT CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE SOLE STOCKHOLDER SHALL BE ENTITLED TO APPOINT AT LEAST ONE BOARD DIRECTOR AS SPECIFIED IN THE BYLAWS OF THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FOLLOWING DECISIONS ARE TO BE RATIFIED BY THE SOLE STOCKHOLDER PRIOR TO ACTION: FORMATION OR ACQUISITION OF LEGAL ENTITIES BY THE CORPORATION; AMENDMENT OF THE CHARTER OR BYLAWS OF THE CORPORATION; APPROVAL, ACCEPTANCE, AMENDMENT OR TERMINATION OF CONTRACTS OF THE CORPORATION TO PROVIDE SERVICES OUTSIDE THE HISTORICAL LINES OF BUSINESS OR SERVICES ENGAGED IN BY THE CORPORATION; AND ADOPTION AND AMENDMENT OF THE STATEMENT OF THE MISSION OF THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS OF REVIEWING THE FORM 990 ENTAILS A DETAILED REVIEW OF THE FORM 990 BY THE ORGANIZATION'S CHIEF EXECUTIVE OFFICER, CHIEF FINANCIAL OFFICER, CORPORATE CONTROLLER, AND THE BOARD OF CENTERSTONE OF AMERICA. THE FORM 990 INCLUDING REQUESTED SCHEDULES, AS ULTIMATELY FILED WITH THE IRS, ARE PROVIDED ELECTRONICALLY TO EACH VOTING MEMBER OF THE ORGANIZATION'S GOVERNING BODY PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD HAS ADOPTED A WRITTEN CONFLICT OF INTEREST POLICY. ON AN ANNUAL BASIS BOARD MEMBERS COMPLETE A BOARD EXPECTATIONS LETTER IN WHICH THE MEMBERS AFFIRM THAT THEY ARE AWARE OF THE CONFLICT OF INTEREST POLICY AND THAT THEY HAVE REPORTED ANY POTENTIAL CONFLICTS OF INTEREST. FURTHER, THE BOARD HAS ADOPTED A POLICY WHICH REQUIRES BOARD MEMBERS TO COMPLETE A CONFLICT OF INTEREST ACKNOWLEDGEMENT AND DISCLOSURE FORM ON AN ANAUAL BASIS. IN ADDITION, THE CHAIR INQUIRES AT THE BEGINNING OF EACH MEETING IF BOARD MEMBERS HAVE ANY NEW OR POTENTIAL CONFLICTS OF INTEREST THAT HAVE ARISEN SINCE THE PREVIOUS BOARD MEETING NECESSITATING DISCLOSURE. FOR EMPLOYEES, THE COMPANY'S CODE OF CONDUCT CONTAINS A WRITTEN CONFLICT OF INTEREST POLICY. EMPLOYEES ARE REQUIREED TO CERTIFY ON AN ANNUAL BASIS THAT THEY HAVE READ AND WILL ABIDE BY THE CONFLICT OF INTEREST POLICY. FURTHER, SENIOR EXECUTIVES OF THE COMPANY ARE REQUIREED TO COMPLETE A CONFLICT OF INTEREST ACKNOWLEDGEMENT AND DISCLOSURE FORM ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6IN 2019 CENTERSTONE OF AMERICA CONTRACTED WITH A THIRD PARTY CONSULTANT TO CONDUCT AN ASSESSMENT OF THE BEHAVIORAL HEALTH MARKETPLACE CEO COMPENSATION AND PROVIDE RECOMMENDATIONS TO THE ORGANIZATION'S BOARD OF DIRECTORS IN FORMING A COMPENSATION PACKAGE FOR THE CEO OF CENTERSTONE OF AMERICA, INC. AS A RESULT, THE COMPENSATION PACKAGE OF CENTERSTONE OF AMERICA'S CEO WAS UPDATED IN 2019 TO REFLECT THE CURRENT MARKET RATES. THE CEO'S COMPENSATION PACKAGE IS REVIEWED BY THE BOARD OF DIRECTORS ON AN ANNUAL BASIS. COMPENSATION FOR THE CEOS OF THE CENTERSTONE AFFILIATED ORGANIZATIONS IS DETERMINED BY THE CEO OF CENTERSTONE OF AMERICA UTILIZING COMPENSATION SURVEYS AVAILABLE FROM THE INDUSTRY'S TWO MAJOR ASSOCIATIONS, AND IS SUBJECT TO REVIEW BY THE CENTERSTONE OF AMERICA BOARD ON AN ANNUAL BASIS. EXECUTIVE COMPENSATION PACKAGES WERE REVIEWED AND ADJUSTED TO MARKET AS NEEDED DURING THE 2018 TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. THE FINANCIAL STATEMENTS HOWEVER ARE NOT AVAILABLE FOR PUBLIC INSPECTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8OTHER SERVICE FEE: PROGRAM SERVICE EXPENSES 47,577. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 47,577.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9THE CENTERSTONE OF AMERICA BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND NO PROCESSES HAVE CHANGED FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PART XII, LINE 2C:
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IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd70
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd80

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