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The Telos Project

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

EIN: 812585335 ✦ Fort worth, TX ✦ Designated as a 501(c)(3)

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Overview

What is The Telos Project?

The Telos Project is a non-profit organization based in Fort Worth, Texas, with a mission to remove barriers to therapeutic, mental health, and community services in the state. They aim to reduce individual psychological distress and empower the communities they serve. The project offers individual, play, couples, and family therapy, as well as psychological, neuropsychological, and psychoeducational assessments to people of all races, creeds, colors, religions, and social economic status. As a public-benefit corporation, their ultimate objective is to provide quality mental health services to all people, regardless of economic status, and they currently employ 24 individuals.


Official website here: www.thetelosproject.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

The Telos Project has received a two-star rating from Charity Navigator, indicating a need for improvement in certain areas. While the organization excels in accountability and finance with a perfect score of 100%, it faces challenges due to the absence of financial statements, which has significantly impacted its rating. The high percentage of independent board members and a well-maintained conflict of interest policy are positive features that reflect good governance practices.

Despite its strengths, the lack of a whistleblower policy and critical financial documentation raises concerns regarding transparency and organizational health. The liabilities to assets ratio of 72.91% suggests potential financial strain, which further emphasizes the need for improved financial reporting to enhance trust and credibility with stakeholders.

Overall, while The Telos Project demonstrates strong governance practices, the lack of financial transparency remains a significant drawback. Efforts to address these weaknesses could lead to improved ratings and greater public confidence in the organization’s mission.


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

Is The Telos Project legitimate?

The Telos Project is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Telos Project 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: $229,380
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,046,243

For more financial information, click here


Official website here: www.thetelosproject.org

What is the mission statement of The Telos Project?

The Telos Project, a nonprofit organization, strives to remove barriers to therapeutic, mental health, and community services. Their ultimate objective is to reduce psychological distress and empower the communities they serve. They aim to provide quality mental health services to all people, irrespective of their economic status. The organization's ongoing goal is to make mental health services accessible and affordable for everyone, thereby promoting overall well-being and community empowerment.


Official website here: www.thetelosproject.org

Who is the CEO of The Telos Project?

Dr Anthony Bean is the Executive Director & Brd P of The Telos Project.


Official website here: www.thetelosproject.org

What is the revenue of The Telos Project?

The Telos Project's revenue in 2022 was $2,180,937.


Official website here: www.thetelosproject.org

Who are the executives of The Telos Project and what are their salaries?

The average compensation at The Telos Project during 2022 was $53,151. There are 24 employees at The Telos Project.


Here are 5 key members and their salaries:


Anthony Bean (Executive Director & Brd P)
  • Compensation: $111,793
  • Related: $0
  • Other: $0
Carol Bean (Secretary & Vice President)
  • Compensation: $117,587
  • Related: $0
  • Other: $0
Alexandra Marks (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Paris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Keehn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thetelosproject.org

Where can I find the form 990 for The Telos Project?

The Telos Project's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.thetelosproject.org

Learn more at the official website: www.thetelosproject.org

Mission Statement of The Telos Project

The Telos Project, a non-profit public benefit corporation, is dedicated to removing barriers to therapeutic, mental health, and community services across the state of Texas. Their ultimate objective is to reduce individual psychological turmoil and empower the communities they serve. The Telos Project aims to provide quality mental health services to all people, regardless of their economic status. Their ongoing goal is to remove obstacles that prevent individuals from accessing essential mental health resources, thereby fostering a healthier and more resilient community.

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Impact




June, 2024

The Telos Project's impact is profound, as it actively works towards removing barriers to therapeutic, mental health, and community services in the state of Texas. By providing individual, play, couples, and family therapy, as well as psychological, neuropsychological, and psychoeducational assessment services to individuals of all backgrounds, The Telos Project helps reduce psychological turmoil and empowers the communities it serves. Through its commitment to providing quality mental health services to all individuals, regardless of their economic status, The Telos Project is making a tangible difference in the mental well-being of Texans.




This information is meant to be a general summary of The Telos Project. 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
$2,180,937 (2022)
Expenses
$1,980,483 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,263
  • Program Service Revenue: $2,133,276
  • Gross Receipts: $2,560,303

Assets and Liabilities:

  • Total Assets: $3,801,387
  • Total Liabilities: $2,771,914
  • Net Assets: $1,029,473

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Programs

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

PATIENT SERVICES

Revenue

$2,000,376

PPP LOAN FORGIVENESS

Revenue

$132,900

Organization Details

Founding Year

2016

Principal Officer

Dr Anthony Bean

Main Address

1650 WEST ROSEDALE STREET 305, FORT WORTH, TX, 76104

NTEE Category

Code: F60 - Mental health

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