Civic Intelligence

Mental Health Care Inc

EIN 59-0747306 • 501(c)3 • Tampa, FL

Profile

Educating, advocating for and giving hope to all people touched by behavioral health, substance abuse, and developmental challenges.

5707 N 22nd StreetTampa, FL 33610

www.gracepointwellness.org

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.17x

Higher debt load relative to assets than 42% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

29th percentile

0.15x

Higher debt load relative to revenue than 29% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

65th percentile

11%

Higher net margin than 65% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

75th percentile

$589,368

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

86th percentile

22%

Faster asset growth than 86% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

55th percentile

11%

Faster revenue growth than 55% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Up

$48,337,290

Up $8,792,659 (+22%) from 2023

Liabilities

Up

$8,051,081

Up $2,931,815 (+57%) from 2023

Net Assets

Up

$40,286,209

Up $5,860,844 (+17%) from 2023

Revenue

Up

$52,188,459

Up $4,964,030 (+11%) from 2023

Expenses

Up

$46,484,418

Up $1,598,519 (+3.6%) from 2023

Net Income

Up

$5,704,041

Up $3,365,511 (+144%) from 2023

Trend Graphs

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $16,521,781Liabilities 2010: $3,885,809Net Assets 2010: $12,635,9722010Assets 2011: $24,726,782Liabilities 2011: $11,692,896Net Assets 2011: $13,033,8862011Assets 2012: $24,109,487Liabilities 2012: $12,033,974Net Assets 2012: $12,075,5132012Assets 2013: $25,673,330Liabilities 2013: $13,455,943Net Assets 2013: $12,217,3872013Assets 2014: $23,845,365Liabilities 2014: $4,892,421Net Assets 2014: $18,952,9442014Assets 2015: $23,985,518Liabilities 2015: $3,421,137Net Assets 2015: $20,564,3812015Assets 2016: $24,560,450Liabilities 2016: $2,442,133Net Assets 2016: $22,118,3172016Assets 2017: $28,271,126Liabilities 2017: $4,451,022Net Assets 2017: $23,820,1042017Assets 2018: $27,367,112Liabilities 2018: $3,436,602Net Assets 2018: $23,930,5102018Assets 2019: $27,294,052Liabilities 2019: $3,196,048Net Assets 2019: $24,098,0042019Assets 2020: $31,850,129Liabilities 2020: $6,302,201Net Assets 2020: $25,547,9282020Assets 2021: $33,237,879Liabilities 2021: $1,546,440Net Assets 2021: $31,691,4392021Assets 2022: $38,052,492Liabilities 2022: $6,117,656Net Assets 2022: $31,934,8362022Assets 2023: $39,544,631Liabilities 2023: $5,119,266Net Assets 2023: $34,425,3652023Assets 2024: $48,337,290Liabilities 2024: $8,051,081Net Assets 2024: $40,286,2092024

Highlighted filing

2024

Assets$48,337,290
Liabilities$8,051,081
Net Assets$40,286,209

Operations Trend

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

$60M$40M$20M$0-$20MExpenses 2010: $30,071,4182010Expenses 2011: $30,179,7602011Revenue 2012: $30,062,377Expenses 2012: $30,978,193Net Income 2012: -$915,8162012Expenses 2013: $29,001,0132013Revenue 2014: $29,275,198Expenses 2014: $30,148,292Net Income 2014: -$873,0942014Revenue 2015: $30,235,369Expenses 2015: $28,507,168Net Income 2015: $1,728,2012015Revenue 2016: $31,244,675Expenses 2016: $29,594,683Net Income 2016: $1,649,9922016Revenue 2017: $34,491,047Expenses 2017: $32,754,246Net Income 2017: $1,736,8012017Revenue 2018: $34,552,910Expenses 2018: $34,442,504Net Income 2018: $110,4062018Revenue 2019: $36,063,802Expenses 2019: $35,896,308Net Income 2019: $167,4942019Revenue 2020: $38,530,811Expenses 2020: $37,080,887Net Income 2020: $1,449,9242020Revenue 2021: $43,311,205Expenses 2021: $37,167,694Net Income 2021: $6,143,5112021Revenue 2022: $42,056,535Expenses 2022: $41,404,917Net Income 2022: $651,6182022Revenue 2023: $47,224,429Expenses 2023: $44,885,899Net Income 2023: $2,338,5302023Revenue 2024: $52,188,459Expenses 2024: $46,484,418Net Income 2024: $5,704,0412024

Highlighted filing

2024

Revenue$52,188,459
Expenses$46,484,418
Net Income$5,704,041

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$48.3$8.05$40.3$52.2$46.5$5.70
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$39.5$5.12$34.4$47.2$44.9$2.34
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$38.1$6.12$31.9$42.1$41.4$0.65
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.2$1.55$31.7$43.3$37.2$6.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.9$6.30$25.5$38.5$37.1$1.45
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.3$3.20$24.1$36.1$35.9$0.17
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.4$3.44$23.9$34.6$34.4$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.3$4.45$23.8$34.5$32.8$1.74
2016Detailed filing. Detailed filing data is available for this year.$24.6$2.44$22.1$31.2$29.6$1.65
2015Detailed filing. Detailed filing data is available for this year.$24.0$3.42$20.6$30.2$28.5$1.73
2014Detailed filing. Detailed filing data is available for this year.$23.8$4.89$19.0$29.3$30.1$0.87
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.7$13.5$12.2$29.0
2012Summary only. Only limited summary data is available for this year.$24.1$12.0$12.1$30.1$31.0$0.92
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.7$11.7$13.0$30.2
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.5$3.89$12.6$30.1
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2016 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 12, 2017
Return Version
2015v3.0
Gross Receipts
$32,878,710
Mission and Program Overview

Mission

We provide innovative, comprehensive inpatient, outpatient, medical, community based prevention & treatment services for people who experience mental health, substance use and/or addiction challenges; and to foster low income housing.

SEE SCHEDULE O.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$13,909,778$13,463,511▼ $446,267
Investments Other Securities$3,040,432$3,057,565▲ $17,133
Cash and Non-Interest-Bearing Accounts$2,236,364$2,959,866▲ $723,502
Accounts Receivable$2,454,909$2,539,219▲ $84,310
Pledges and Grants Receivable$1,567,380$1,667,195▲ $99,815
Prepaid Expenses and Deferred Charges$676,999$724,957▲ $47,958
Other Notes and Loans Receivable, Net$99,656$148,137▲ $48,481
Total Assets$23,985,518$24,560,450▲ $574,932
Liabilities
Accounts Payable and Accrued Expenses$1,202,972$1,659,012▲ $456,040
Mortgage Notes Payable Secured by Investment Property$2,218,165$783,121▼ $1,435,044
Total Liabilities$3,421,137$2,442,133▼ $979,004
Net Assets / Fund Balance
Unrestricted Net Assets$14,537,726$16,493,323▲ $1,955,597
Temporarily Rstr Net Assets$6,026,655$5,624,994▼ $401,661
Total Net Assets Fund Balance$20,564,381$22,118,317▲ $1,553,936
Total Liabilities and Net Assets / Fund Balance$23,985,518$24,560,450▲ $574,932

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,381,208$4,394,987$12,776,195
Leasehold Improvements$1,715,937$2,877,291$4,593,228
Equipment$653,587$3,401,845$4,055,432
Land$2,292,931-$2,292,931
Other Land Buildings$419,848-$419,848
Other Securities$1,148,698--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Susan MurrayPsychiatristFT$381,070-$381,070
Dr Muhammad AliPsychiatristFT$272,531$5,591$278,122
Dr Roberto LluchPsychiatristFT$199,345$17,767$217,112
Dr Mary SheehanPsychiatristPT$185,863$18,585$204,448
Dr Nieves IglesiasPsychiatristPT$193,910-$193,910
Joe RutherfordCEOFT$166,052$26,365$192,417
Steven WelchCFOFT$149,528$24,067$173,595
Roaya TysonCOOFT$151,224$13,143$164,367
David KendrickChroFT$117,428$8,651$126,079
Paul MooreCIOFT$103,015$9,503$112,518

Board Members and Trustees

NameTitle
Guy KingChairman
Doug ArthurVice Chairman
Carolyn RostetterBoard Member
David TarabocchiaBoard Member
Dr James BrookinsBoard Member
Joe MillerBoard Member
John GrandoffBoard Member
Ray SikorskiBoard Member
KIM O'BRIENSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$16,726,959
Program Service Revenue
$14,223,680
Investment Income
$118,061
Other Revenue
$175,975
All Other Contributions
$508,353
Change in Net Assets
$1,649,992

Audited Revenue Reconciliation

Revenue per Audited Statements
$31,244,675
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,678,375
Total Revenue per Audited Statements
$32,923,050
Total Revenue per Form 990
$31,244,675
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$22,627,743
Other Expenses$6,966,940
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$17,530,976$1,027,178-$18,558,154
Other Employee Benefits$1,578,142$207,144-$1,785,286
Occupancy$1,434,871$231,325-$1,666,196
Payroll Taxes$1,173,987$154,095-$1,328,082
Office Expenses$790,933$292,202-$1,083,135
Fees for Services Other$484,135$314,542-$798,677
Current Officers, Directors, Trustees, and Key Employees-$707,248-$707,248
Depreciation Depletion$588,505$55,944-$644,449
Insurance$469,759$132,025-$601,784
Travel$184,935$84,037-$268,972
Pension Plan Contributions$220,085$28,888-$248,973
Information Technology$143,063$30,569-$173,632
Fees for Services Accounting$35,293$22,930-$58,223
Other Expenses$34,964$17,606-$52,570
Interest$52,570--$52,570
Fees for Services Legal$9,774$6,350-$16,124
Conferences and Meetings$8,449$4,255-$12,704
Advertising$7,426$1,617-$9,043
Total Functional Expenses$26,001,384$3,593,299$0$29,594,683

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$31,369,114
Expenses per Audited Statements$29,594,683
Total Expenses per Form 990$29,594,683
Expenses Not Reported on Form 990$1,774,431
Expenses Not Reported on Financial Statements$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
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
Yes
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 B, Line 11

Steven welch, cfo, presents the 990 to the full board prior to submission to the irs.

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

The board reviews the conflict of interest policy annually.

Form 990, Part VI, Section B, Line 15

The board of trustees determines the salary of the ceo and other key officers/employees of the organization. The vp of human resources assists the board by conducting a survey of other state and local agencies providing similar services. Gracepoint desires to ensure that its executive compensation program is competitive, fair and equitable, compliant with regulatory guidelines and representative of market best practices. The trustees' decision making process includes; that it will support the mission, values, strategic direction and tax-exempt state of the agency. The decision process includes the evaluation of pay practices for the industry and relies upon appropriate independent comparability data to support its decision making process. Executive compensation programs and decisions will be approved in advance of their implementation.

Form 990, Part VI, Section C, Line 19

The governing documents, conflicts of interest policy and the form 990 are available upon request and also made available to the public through our website (www.gracepointwellness.org). All of the financial information and form 990 is also available for public view at www.guidestar.org.

Filing and Contact Details

Filer

Filer Name
Mental Health Care Inc
EIN
59-0747306
Phone
8132722244
Address
5707 N 22ND STREET, TAMPA, FL 33610
Doing Business As
Gracepoint

Signing Officer

Name
Steven Welch
Title
CFO
Phone
8132398064
Signed
2017-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steven Welch
Formed
1948
Legal Domicile
Fl
Voting Board Members
9
Independent Board Members
8
Employees
666
Volunteers
10

Preparer

Firm
Rivero Gordimer & Company Pa
Address
P O BOX 172359, TAMPA, FL 33672
Preparer
Sam a Lazzara
Phone
8138757774
Supplemental Narrative

Additional Explanations

ORGANIZATION'S MISSION AND MOST SIGNIFICANT ACTIVITIES:

Gracepoint's mission is educating, advocating for and giving hope to all people touched by behavioral health, substance abuse and developmental challenges. Significant activities of gracepoint are based on providing the most effective and efficient behavioral health and social support services for children, adults and families that facilitate improved health and positive change. Gracepoint provides those services through a comprehensive model that addresses the multifaceted, complex and interrelated modalities of behavioral and medical needs of children, adults and families. Services are provided regardless of a person's sex, nationality and/or religion; and are administered with respect to the individual. The agency is committed to increasing the community's awareness of methods to prevent and/or treat mental health and substance abuse needs, and accomplishes that through a variety of community education activities and involvement on a broad range of collaborative heatlh related initiates in the community. In addition to outpatient services for children and adults that also include in-home therapy (impact) and the community's only mobile crisis response team (mcrt), gracepoint is the primary provider for both adult and children (ages 5 - 17) inpatient crisis centers for the community. These inpatient crisis centers provide emergency stabilization care for children or adults experiencing severe mental, emotional or behavioral challenges.

FORM 990, PART XII, LINE 2C, FINANCIAL STATEMENTS AND REPORTING:

The process for oversight of the audit and selection of an independent accountant has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The organization has been recognized as exempt from federal income taxes under section 501(c)(3) of the internal revenue code and chapter 220.13 of the florida statutes, respectively. Accordingly, no provision for income taxes has been presented in these financial statements. The organization has reported unrelated business income although no income taxes have been owed due to net tax losses through the latest filed return; however, such status is subject to final determination upon examination, if any, of the related income tax returns by the appropriate taxing authorities. The organization is not aware of any tax positions it has taken that are subject to a significant degree of uncertainty. Tax years after 2012 remain subject to examination by federal and state taxing authorities.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

RENTAL EXPENSES

PART XII, LINE 2D - OTHER ADJUSTMENTS:

RENTAL EXPENSES

Raw XML AppendixShowing 400 of 860 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/ProgSrvcAccomActy2Grp/Desc0CRISIS SUPPORT/EMERGENCY TREATMENT - GRACEPOINT PROVIDES EMERGENCY INTERVENTION AND SCREENING EVALUATIONS TO INDIVIDUALS CONFRONTING A SERIOUS BEHAVIORAL MENTAL HEALTH CRISIS. BY PROVIDING THIS EMERGENCY RESPONSE, THE BEST TREATMENT CAN BE ADVISED TO THE INDIVIDUAL. THE FACILITY OPERATES 24/7 TO PROVIDE THESE SERVICES TO THE COMMUNITY AND TO PERFORM THESE ASSESSMENTS AND EVALUATIONS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0FAMILY NET - GRACEPOINT PROVIDES IN-HOME THERAPY AND CASE MANAGEMENT TO FAMILIES WHO HAVE RECEIVED ABUSE/NEGLECT REPORTS AND ARE AT RISK OF HAVING THEIR CHILDREN REMOVED. OUR GOAL IS TO KEEP CHILDREN SAFE IN THEIR HOMES THROUGH IMMEDIATE DELIVERY OF INTERVENTION SERVICES.
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