Philio Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 341759979 ✦ Toledo, OH ✦ Designated as a 501(c)(3)

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Overview

What is Philio Inc?

Philio Inc, operating under the name New Concepts, is a nonprofit organization dedicated to promoting abstinence from substance abuse, specifically alcohol, tobacco, and other drugs. They achieve this mission by offering high-quality behavioral healthcare services to adolescents, adults, and families. Their goal is to equip, empower, and support individuals seeking treatment and recovery. This nonprofit organization is committed to providing holistic care to children, families, and adults, ensuring they receive the necessary support to overcome substance abuse challenges.


Official website here: www.newconceptsiop.org/

What are the reviews and ratings of this charity?

Charity Navigator rating: 79% (Three-Star out of Four Stars)

Philio Inc, operating as New Concepts, has received a 79% rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization has shown commendable practices, such as having a fully independent board and no material diversion of assets. Additionally, its financial oversight mechanisms, including an audit committee, are well established, contributing positively to its score.

Strengths highlighted in the evaluation include a high program expense ratio of 92.26%, which suggests that a significant portion of its funds is directed towards its programs rather than administrative expenses. Furthermore, the organization has implemented essential policies like conflict of interest and whistleblower protections, ensuring a transparent and accountable operational framework.

However, there are some limitations in the assessment. The organization received a score of zero for its liabilities to assets ratio, indicating potential financial concerns. Additionally, the absence of board meeting minutes and the lack of posting its tax form on its website may raise transparency questions for potential donors and stakeholders. Overall, while Philio Inc demonstrates strong accountability, these areas of improvement could enhance its standing further.


This AI summary has been generated from information found on Charity Navigator.

Is Philio Inc legitimate?

Philio Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Philio Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $178,931
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,655,241

For more financial information, click here


Official website here: www.newconceptsiop.org/

What is the mission statement of Philio Inc?

Philio Inc Dba New Concepts, through its mission, aims to encourage, equip, and empower individuals by promoting abstinence from substance abuse. They achieve this by offering quality behavioral healthcare services to adolescents, adults, and families. These services are designed to provide treatment and support, helping individuals overcome their struggles with alcohol, tobacco, and other drugs. Their goal is to improve the lives of their clients by offering high-quality healthcare services.


Official website here: www.newconceptsiop.org/

Who is the CEO of Philio Inc?

Janice Edwards is the Executive Dire of Philio Inc.


Official website here: www.newconceptsiop.org/

What is the revenue of Philio Inc?

Philio Inc's revenue in 2022 was $4,085,384.


Official website here: www.newconceptsiop.org/

Who are the executives of Philio Inc and what are their salaries?

The average compensation at Philio Inc during 2022 was $33,349. There are 55 employees at Philio Inc.


Here are 7 key members and their salaries:


Janice Edwards (Executive Dire)
  • Compensation: $178,930
  • Related: $0
  • Other: $0
S Tisdale (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
S Boyd (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Roberson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
M Holt (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
D Neely (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
L Reid (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.newconceptsiop.org/

Where can I find the form 990 for Philio Inc?

Philio Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.newconceptsiop.org/

Learn more at the official website: www.newconceptsiop.org/

Mission Statement of Philio Inc

Philio Inc Dba New Concepts, in its mission, seeks to promote abstinence from the use of alcohol, tobacco, and other harmful substances. The organization achieves this goal by providing top-notch behavioral healthcare services to adolescents, adults, and families. Philio Inc Dba New Concepts empowers its clients by offering treatment and support, aiming to help them overcome their substance use challenges. The organization's mission is centered around embracing and equipping individuals, ensuring they have the tools and resources necessary to lead healthier lives, free from substance abuse.

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Impact




October, 2024

Philio Inc has a significant impact on the community by promoting abstinence from alcohol, tobacco, and other drugs. By providing quality behavioral healthcare services, the organization plays a vital role in supporting adolescents, adults, and families in their journey toward healthier lifestyles. Through its comprehensive treatment and support programs, Philio Inc embraces, equips, and empowers individuals to overcome substance use challenges, fostering resilience and improving overall well-being. Located in Toledo, Ohio, the organization's commitment to enhancing the lives of children, families, and adults contributes to building a healthier and more supportive community.




This information is meant to be a general summary of Philio Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$4,085,384 (2022)
Expenses
$3,881,832 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $2,475,709
  • Gross Receipts: $4,085,384

Assets and Liabilities:

  • Total Assets: $1,686,984
  • Total Liabilities: $1,448,630
  • Net Assets: $238,354

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Medicaid

Revenue

$2,474,924

Self Pay

Revenue

$785

Organization Details

Founding Year

1994

Principal Officer

Janice Edwards

Main Address

111 S Byrne, TOLEDO, OH, 43615

NTEE Category

Code: Z99 - Unknown

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