Civic Intelligence

Valeo Behavioral Health Care Inc

EIN 48-0730326 • 501(c)3 • Topeka, KS

Profile

To be the provider of choice for mental wellness and recovery services for the people of our community, our state, and our nation by providing the right amount of service to the right person at the right time with the right outcomes for the right cost. Visit www.valeotopeka.org for information about our programs.

5401 SW 7th StreetTopeka, KS 66606

www.valeotopeka.org

Siviq Scores

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

Liabilities / Assets

48th percentile

0.20x

Higher debt load relative to assets than 48% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

27th percentile

0.11x

Higher debt load relative to revenue than 27% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

27th percentile

-2.8%

Higher net margin than 27% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

36th percentile

$210,446

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

45th percentile

3.7%

Faster asset growth than 45% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

60th percentile

12%

Faster revenue growth than 60% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Down

$15,539,516

Down $1,274,050 (-7.6%) from 2022

Liabilities

Up

$3,113,955

Up $1,261,619 (+68%) from 2022

Net Assets

Down

$12,425,561

Down $2,535,669 (-17%) from 2022

Revenue

Up

$28,025,224

Up $5,253,953 (+23%) from 2022

Expenses

Up

$28,814,400

Up $4,089,606 (+17%) from 2022

Net Income

Up

-$789,176

Up $1,164,347 (+60%) from 2022

Trend Graphs

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $17,380,988Liabilities 2011: $3,107,049Net Assets 2011: $14,273,9392011Assets 2013: $18,211,078Liabilities 2013: $2,724,131Net Assets 2013: $15,486,9472013Assets 2014: $17,852,645Liabilities 2014: $2,521,918Net Assets 2014: $15,330,7272014Assets 2015: $18,452,391Liabilities 2015: $2,215,664Net Assets 2015: $16,236,7272015Assets 2016: $18,159,008Liabilities 2016: $1,662,775Net Assets 2016: $16,496,2332016Assets 2018: $18,512,337Liabilities 2018: $2,074,578Net Assets 2018: $16,437,7592018Assets 2020: $21,108,921Liabilities 2020: $2,027,526Net Assets 2020: $19,081,3952020Assets 2021: $20,381,244Liabilities 2021: $2,064,276Net Assets 2021: $18,316,9682021Assets 2022: $16,813,566Liabilities 2022: $1,852,336Net Assets 2022: $14,961,2302022Assets 2024: $15,539,516Liabilities 2024: $3,113,955Net Assets 2024: $12,425,5612024

Highlighted filing

2024

Assets$15,539,516
Liabilities$3,113,955
Net Assets$12,425,561

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2011: $16,726,8392011Revenue 2013: $18,468,786Expenses 2013: $18,155,241Net Income 2013: $313,5452013Revenue 2014: $19,153,251Expenses 2014: $19,391,585Net Income 2014: -$238,3342014Revenue 2015: $21,873,281Expenses 2015: $20,948,254Net Income 2015: $925,0272015Revenue 2016: $20,092,474Expenses 2016: $19,849,863Net Income 2016: $242,6112016Revenue 2018: $20,428,104Expenses 2018: $19,989,959Net Income 2018: $438,1452018Revenue 2020: $25,063,734Expenses 2020: $21,851,529Net Income 2020: $3,212,2052020Revenue 2021: $20,861,516Expenses 2021: $22,467,434Net Income 2021: -$1,605,9182021Revenue 2022: $22,771,271Expenses 2022: $24,724,794Net Income 2022: -$1,953,5232022Revenue 2024: $28,025,224Expenses 2024: $28,814,400Net Income 2024: -$789,1762024

Highlighted filing

2024

Revenue$28,025,224
Expenses$28,814,400
Net Income-$789,176

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.2
Gross Receipts
$28,025,224
Mission and Program Overview

Mission

To be the provider of choice for mental wellness and recovery services for the people of our community, our state, and our nation by providing the right amount of service to the right person at the right time with the right outcomes for the right cost. Visit www.valeotopeka.org for information about our programs.

To promote behavioral health, wellness, and recovery through excellence as the provider of choice for comprehensive, compassionate, and fiscally-responsible outcomes-driven care. Please see www.valeotopeka.org for more details about our programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,816,980$6,555,783▼ $261,197
Investments in Publicly Traded Securities$5,781,273$5,232,793▼ $548,480
Savings and Temporary Cash Investments$571,490$2,177,329▲ $1,605,839
Accounts Receivable$652,732$813,209▲ $160,477
Pledges and Grants Receivable$954,085$610,367▼ $343,718
Prepaid Expenses and Deferred Charges$203,728$135,213▼ $68,515
Cash and Non-Interest-Bearing Accounts$1,707$1,685▼ $22
Total Assets$14,991,440$15,539,516▲ $548,076
Other Assets Total$9,445$13,137▲ $3,692
Liabilities
Accounts Payable and Accrued Expenses$1,853,189$2,244,461▲ $391,272
Deferred Revenue$109,981$869,494▲ $759,513
Total Liabilities$1,963,170$3,113,955▲ $1,150,785
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$13,028,270$12,425,561▼ $602,709
Total Net Assets Fund Balance$13,028,270$12,425,561▼ $602,709
Total Liabilities and Net Assets / Fund Balance$14,991,440$15,539,516▲ $548,076

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,942,697$7,571,883$12,514,580
Equipment$813,800$4,807,900$5,621,700
Land$799,128-$799,128
Leasehold Improvements$158$371,502$371,660
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Angie HaggardCFOFT$163,525$46,921$210,446
Jason CrenshawAprnFT$147,764$25,076$172,840
Kerri MooreDirector of Medical ServFT$130,752$25,009$155,761
Laura SidlingerDirector of Medical ServFT$127,350$24,952$152,302
Shawn FinleyDirector of ItFT$133,875$6,024$139,899
Lisa HastingsDirector of CDSFT$120,089$16,023$136,112
Christine WillsInterim CEO Start Aug/24FT$120,575$10,965$131,540
Bill PersingerCEO Thru Aug/24FT$118,758$11,103$129,861

Board Members and Trustees

NameTitle
Tyler LevierBoard Chair Thru Sep/24
Renee FranklinBoard Member Start Feb/24 Vice Chair Dec/24
Ashley GilfillanVice Chair Mar-nov/24 Chair Start Dec/24
Dr James SmithVice Chair Thru Feb/24
Kathy HarmonBoard Member
Matt CowardBoard Member
Matthew RoseBoard Member
Verlisa CradleBoard Member
Vidhi HeilandBoard Member Thru Aug/24
Linda OchsSecretary
Lisa BrownTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Dagoberto HerediaPsychiatry Services5018 KEYSTONE CT, Lawrence, KS 66047$113,240
Utg Consulting INCPsychiatry Services8345 RENNER BLVD APT 3405, Lenexa, KS 66219$104,000
Revenue and Support

Revenue Composition

Contributions and Grants
$14,295,607
Program Service Revenue
$13,118,551
Investment Income
$148,458
Other Revenue
$462,608
All Other Contributions
$90,584
Change in Net Assets
$-789,176

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Food Inventory2$65,840Fair Market Value (FMV) at Date of Donation
Clothing and Household Goods-$24,744Thrift Store Value
Total Noncash Contributions2$90,584-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$21,030,036
Other Expenses$7,784,364
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$11,707,145$3,854,139-$15,561,284
Other Employee Benefits$2,439,485$803,109-$3,242,594
Payroll Taxes$889,831$292,944-$1,182,775
Depreciation Depletion$700,203$3,131-$703,334
Occupancy$523,170$175,996-$699,166
Information Technology$232,606$382,568-$615,174
Pension Plan Contributions$429,982$141,556-$571,538
Fees for Services Other$422,706$135,262-$557,968
Current Officers, Directors, Trustees, and Key Employees$354,982$116,863-$471,845
Travel$194,806$42,154-$236,960
All Other Expenses$121,475$62,808-$184,283
Office Expenses$85,759$75,357-$161,116
Insurance$103,321$46,122-$149,443
Other Expenses$8,349$102,002-$110,351
Advertising$39,453$15,694-$55,147
Fees for Services Legal$35,623$11,399-$47,022
Fees for Services Accounting$24,147$7,727-$31,874
Fees for Service Investment Mgmnt Fees-$9,699-$9,699
Conferences and Meetings$5,796$1,254-$7,050
Total Functional Expenses$22,494,630$6,319,770$0$28,814,400
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
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The "members" of valeo shall be those persons serving on valeo's board of directors. All members, except the advisory members defined below, shall be voting members. From time to time, and by nomination and election of a majority of directors, the board may appoint (or remove) certain persons or entities to serve as "advisory members." advisory members may participate as a nonvoting member of the board at all regular and special board meetings. A person or entity designated as a "member" of valeo cannot transfer his or her membership to another person or entity without the express written consent of a majority of the board the directors.

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

The valeo cfo reviews the 990 before submission. A copy of the form 990 is provided to the ceo and board members electronically before filing.

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

All new board members are required to review and sign a "conflict of interest" policy. On an annual basis, all board members are required to review and complete an "officer, director, and key employee relationship questionnaire." all valeo employees are required to review and sign the code of ethics policy which addresses conflicts of interest. Conflicts of interest are reported to the risk management team through human resources or valeo's complaint process. The risk management team investigates the conflict and appropriate disciplinary action up to termination may occur.

Form 990, Part VI, Section B, Line 15

The organization participates in the association of community mental health centers of kansas annual salary survey. This data provides comparable compensation for similarly qualified person in functionally comparable positions at similarly situated organizations. The compensation arrangement is evaluated during the annual performance review period which coincides and is in accordance with valeo's hr practice for all employees. The ceo and human resources department determined the cfo salary based on both internal and external information for comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated organizations. The compensation arrangement is evaluated during the annual performance review period which coincides with and is in accordance with valeo's hr practices for all employees.

Form 990, Part VI, Section C, Line 19

Valeo makes its governing documents, conflict of interest policy, and financial statements available to the public upon request to the chief financial officer at 785-228-3077.

Filing and Contact Details

Filer

Filer Name
Valeo Behavioral Health Care Inc
EIN
48-0730326
Phone
7852732252
Address
5401 SW 7TH STREET, TOPEKA, KS 66606

Signing Officer

Name
Angie Haggard
Title
Chief Financial Officer
Phone
7852283077
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Angie Haggard
Formed
1967
Legal Domicile
Ks
Voting Board Members
10
Independent Board Members
10
Employees
421
Volunteers
20

Preparer

Firm
Bt&co Pa
Address
4301 SW HUNTOON ST, TOPEKA, KS 66604
Preparer
Rebecca Shaw
Phone
7852343427
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Valeo behavioral health care is a not-for-profit corporation as described in section 501(c)(3) of the internal revenue code, is exempt from federal income taxes pursuant to section 501(a) of the code and has not been classified as a private foundation under section 509(a) of the code.

Raw XML AppendixShowing 400 of 750 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/ActivityOrMissionDesc0TO PROMOTE BEHAVIORAL HEALTH, WELLNESS, AND RECOVERY THROUGH EXCELLENCE AS THE PROVIDER OF CHOICE FOR COMPREHENSIVE, COMPASSIONATE, AND FISCALLY-RESPONSIBLE OUTCOMES-DRIVEN CARE. PLEASE SEE WWW.VALEOTOPEKA.ORG FOR MORE DETAILS ABOUT OUR PROGRAMS.
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IRS990/ProgramServiceRevenueGrp/Desc4OUTREACH CASE MANAGEMENT
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IRS990/ProgSrvcAccomActy2Grp/Desc0OUTREACH CASE MANAGEMENT - ASSIST CONSUMERS IN IDENTIFYING, SECURING, AND SUSTAINING THE RANGES OF RESOURCES NEEDED TO LIVE IN THE COMMUNITY. THE CASE MANAGER FUNCTIONS AS THE PRIMARY CLINICIAN COORDINATING ALL NECESSARY SERVICES INCLUDING MEDICAL, PHARMACOLOGICAL MANAGEMENT, PSYCHOSOCIAL, PSYCHOTHERAPY, SUBSTANCE ABUSE AND CRISIS SERVICES. THEY SERVE AS A PRINCIPAL POINT OF CONTACT AND ADVOCATE FOR THE CONSUMER. THE INTENSITY OF THE CASE MANAGEMENT IS CONSISTENT WITH THE NEEDS AND GOALS OF THE CONSUMERS.

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