Civic Intelligence

Oaklawn Foundation for Mental Health In

EIN 35-6060037 • 501(c)3 • Goshen, IN

Profile

To provide community awareness of the needs of the mentally ill and to provide educational and financial support for the programs and services of its affiliate, oaklawn psychiatric center, inc.

PO Box 809Goshen, IN 46527

www.oaklawn.org

Siviq Scores

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

Liabilities / Assets

40th percentile

0.07x

Higher debt load relative to assets than 40% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

72nd percentile

0.42x

Higher debt load relative to revenue than 72% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

27th percentile

-4.3%

Higher net margin than 27% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

92nd percentile

$380,920

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 41.4% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Asset Growth

56th percentile

5.9%

Faster asset growth than 56% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

6th percentile

-44%

Faster revenue growth than 6% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Assets

Up

$5,748,206

Up $321,655 (+5.9%) from 2024

Liabilities

Up

$385,830

Up $154,919 (+67%) from 2024

Net Assets

Up

$5,362,376

Up $166,736 (+3.2%) from 2024

Revenue

Down

$919,804

Down $724,534 (-44%) from 2024

Expenses

Up

$958,896

Up $148,056 (+18%) from 2024

Net Income

Down

-$39,092

Down $872,590 (-105%) from 2024

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2013: $2,306,964Liabilities 2013: $19,161Net Assets 2013: $2,287,8032013Assets 2014: $2,609,057Liabilities 2014: $64,743Net Assets 2014: $2,544,3142014Assets 2015: $2,753,604Liabilities 2015: $135,586Net Assets 2015: $2,618,0182015Assets 2016: $2,544,445Liabilities 2016: $213,335Net Assets 2016: $2,331,1102016Assets 2017: $2,900,791Liabilities 2017: $139,421Net Assets 2017: $2,761,3702017Assets 2018: $3,383,315Liabilities 2018: $85,942Net Assets 2018: $3,297,3732018Assets 2019: $3,573,902Liabilities 2019: $65,714Net Assets 2019: $3,508,1882019Assets 2020: $3,664,065Liabilities 2020: $23,503Net Assets 2020: $3,640,5622020Assets 2021: $5,051,611Liabilities 2021: $106,702Net Assets 2021: $4,944,9092021Assets 2022: $4,944,820Liabilities 2022: $147,637Net Assets 2022: $4,797,1832022Assets 2023: $4,290,017Liabilities 2023: $183,082Net Assets 2023: $4,106,9352023Assets 2024: $5,426,551Liabilities 2024: $230,911Net Assets 2024: $5,195,6402024Assets 2025: $5,748,206Liabilities 2025: $385,830Net Assets 2025: $5,362,3762025

Highlighted filing

2025

Assets$5,748,206
Liabilities$385,830
Net Assets$5,362,376

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2013: $713,8822013Revenue 2014: $370,485Expenses 2014: $336,665Net Income 2014: $33,8202014Revenue 2015: $648,450Expenses 2015: $400,035Net Income 2015: $248,4152015Revenue 2016: $392,256Expenses 2016: $588,672Net Income 2016: -$196,4162016Revenue 2017: $736,249Expenses 2017: $444,845Net Income 2017: $291,4042017Revenue 2018: $835,672Expenses 2018: $435,317Net Income 2018: $400,3552018Revenue 2019: $571,944Expenses 2019: $417,954Net Income 2019: $153,9902019Revenue 2020: $818,820Expenses 2020: $577,616Net Income 2020: $241,2042020Revenue 2021: $983,084Expenses 2021: $416,061Net Income 2021: $567,0232021Revenue 2022: $1,816,783Expenses 2022: $658,008Net Income 2022: $1,158,7752022Revenue 2023: $778,888Expenses 2023: $1,688,125Net Income 2023: -$909,2372023Revenue 2024: $1,644,338Expenses 2024: $810,840Net Income 2024: $833,4982024Revenue 2025: $919,804Expenses 2025: $958,896Net Income 2025: -$39,0922025

Highlighted filing

2025

Revenue$919,804
Expenses$958,896
Net Income-$39,092

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 24, 2026
Return Version
2024v5.5
Gross Receipts
$4,056,072
Mission and Program Overview

Mission

To provide community awareness of the needs of the mentally ill and to provide educational and financial support for the programs and services of its affiliate, oaklawn psychiatric center, inc.

To provide community awareness of the needs of the mentally ill and to provide educational and [continue from part i, line 1] financial support for the programs and services of its affiliate, oaklawn psychiatric center, inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,779,357$3,067,947▲ $288,590
Savings and Temporary Cash Investments$1,587,636$1,721,972▲ $134,336
Investments Other Securities$607,369$611,231▲ $3,862
Pledges and Grants Receivable$418,856$313,723▼ $105,133
Accounts Receivable$33,333$33,333→ $0
Total Assets$5,426,551$5,748,206▲ $321,655
Liabilities
Accounts Payable and Accrued Expenses$230,911$385,830▲ $154,919
Total Liabilities$230,911$385,830▲ $154,919
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,967,164$3,231,659▲ $264,495
Net Assets Without Donor Restrictions$2,228,476$2,130,717▼ $97,759
Total Net Assets Fund Balance$5,195,640$5,362,376▲ $166,736
Total Liabilities and Net Assets / Fund Balance$5,426,551$5,748,206▲ $321,655

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$611,231--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$3,307,262$551,444▲ $227,427$801,602$3,284,531
2023$3,315,989$398,287▲ $230,025$637,039$3,307,262
2022$4,059,334$810,521▲ $79,199$1,633,065$3,315,989
2021$4,031,836$935,999▼ $238,573$669,928$4,059,334
2020$3,037,095$861,918▲ $516,805$383,982$4,031,836
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Kari TarmanExec. DirectorPT$87,074$87,074

Board Members and Trustees

NameTitle
Lucas LandisImmediate Past President
John VermeeschPresident
Minda Clemens ThomasVice Chair
Angela EggeringBoard Member
Chad StoltzfusBoard Member
Craig HeatherlyBoard Member
Donald StohlerBoard Member
Jason HertelBoard Member
Joseph ThompsonBoard Member
Lynn MorrisBoard Member
Michelle PetersBoard Member
Phil TomBoard Member
Beth WeberBoard Member (partial Term Beg Fy25)
Christina ClaussBoard Member Partial Term
George NickellBoard Member Partial Term
Glenn StutzmanBoard Member Partial Term
Marissa OdomBoard Member Partial Term
Patty YatesBoard Member Partial Term
Susan BartushBoard Secretary
Laurie NafzigerCEO/board Member
Revenue and Support

Revenue Composition

Contributions and Grants
$834,281
Program Service Revenue
$0
Investment Income
$147,356
Other Revenue
$-61,833
All Other Contributions
$691,912
Change in Net Assets
$-39,092
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$952,495
Other Expenses$6,401
Total Fundraising Expense$6,401
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$952,495--$952,495
Other Expenses--$501$501
Total Functional Expenses$952,495$0$6,401$958,896
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Oaklawn Psychiatric Center IncGoshen, IN501(c)(3)To Provide Program Support Assistance.$952,495
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$68,411
Fundraising Gross Income$6,578
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
OAKLAWN'S GOT TALENT$148,947$6,578$22,084$-15,506
Total Events$148,947$6,578$68,411$-61,833
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Election of members: the directors of oaklawn psychiatric center, inc. Appoint the members/directors of the oaklawn foundation for mental health, inc. Who then serve as the organizations board of directors. The president/ceo of oaklawn psychiatric center, inc. By virtue of the office held is a member of the foundation board. The board members annually elect the officers of the organization.

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

Form 990 review process: the process of reviewing the form 990 includes a detailed review by the organization's senior management, chief executive officer and chief financial officer. The governing body received a copy of the form 990 including requested schedules, as ultimately filed with the irs, for review and approval prior to filing with the irs.

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

Conflict of interest compliance: the organization regularly and consisently monitors and enforces compliance with its conflict of interest policy. Oaklawn foundation board members, volunteers and agents shall exercise the utmost good faith in all transactions touching upon their duty to oaklawn foundation and its property, and shall fully disclose any conflict of interest. Annually, board members sign that they will abide by the policy and declare any conflict of interest they may have with the organization or its related organizations, and abstain from any voting where a conflict could exist.

Form 990, Part VI, Section B, Line 15

Process of determining compensation: top official: the organization does not have a policy for determining compensation for the organization's chief financial officer, executive director, or top management official. The organization has no employees as all hiring and employee compensation is reported by its affiliate, oaklawn psychiatric center, inc. Other officers: the organization does not have a policy for determining compensation for the organization's officers and key employees. The organization has no employees as all hiring and employee compensation is reported by its affiliate, oaklawn psychiatric center, inc.

Form 990, Part VI, Section C, Line 19

Documents available to the public: the articles of incorporation, conflict of interest and financial statements are made available upon request.

Filing and Contact Details

Filer

Filer Name
Oaklawn Foundation for Mental Health in
EIN
35-6060037
Phone
5745331234
Address
PO BOX 809, GOSHEN, IN 46527

Signing Officer

Name
Laurie N Nafziger
Title
CEO
Phone
5745331234
Signed
2026-02-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Laurie N Nafziger
Formed
1966
Legal Domicile
In
Voting Board Members
15
Independent Board Members
14
Employees
0
Volunteers
40

Preparer

Firm
Blue & Co LLC
Address
500 N MERIDIAN ST SUITE 200, INDIANAPOLIS, IN 46204
Preparer
Tyler Greene CPA
Phone
3176334705
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 6, VOLUNTEERS:

In addition to an all-volunteer board, a total of approximately 3,200 volunteer hours were provided to oaklawn programs in a variety of support service roles during the fiscal year ending june 30, 2025.

FORM 990, PART XI, LINE 9:

Unrestricted change in beneficial interest 44,381.

PART XII, LINE 2C: OVERSIGHT OF AUDIT:

The board of directors for oaklawn psychiatric center, the foundation's affiliate, assumes responsibility for oversight of the audit of the consolidated financial statements and selection of the independent accountant.

Financial Statement Notes

PART V, LINE 4:

All endowment funds are held for the benefit of the programs and services of oaklawn psychiatric center, inc. The spending plan presently is set at 4% of the average market value of the most recent five years.

PART X, LINE 2:

Oaklawn psychiatric center, inc. (opc) and affiliates are not-for-profit corporations as described in section 501(c)(3) of the internal revenue code. As such, opc and affiliates are generally exempt from income taxes. However, opc and affiliates 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 require management to evaluate tax positions taken by opc and affiliates and recognize a tax liability if opc and affiliates have taken an uncertain position that more likely than not would not be sustained upon examination by various federal and state taxing authorities. Management has analyzed the tax positions taken by opc and affiliates, and has concluded that as of june 30, 2025 and 2024, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the accompanying consolidated financial statements. Opc and affiliates are subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

Raw XML AppendixShowing 400 of 681 raw XML fields

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/Form990PartVIISectionAGrp/PersonNm1LUCAS LANDIS
IRS990/Form990PartVIISectionAGrp/PersonNm2SUSAN BARTUSH
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER PARTIAL TERM
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER PARTIAL TERM
IRS990/Form990PartVIISectionAGrp/TitleTxt16CEO/BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER PARTIAL TERM
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER PARTIAL TERM
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER (PARTIAL TERM BEG FY25)
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IRS990/MissionDesc0TO PROVIDE COMMUNITY AWARENESS OF THE NEEDS OF THE MENTALLY ILL AND TO PROVIDE EDUCATIONAL AND FINANCIAL SUPPORT FOR THE PROGRAMS AND SERVICES OF ITS AFFILIATE, OAKLAWN PSYCHIATRIC CENTER, INC.
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