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Devereux Cleo Wallace

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

EIN: 840406820 ✦ Westminster, CO ✦ Designated as a 501(c)(3)

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Overview

What is Devereux Cleo Wallace?

Devereux Cleo Wallace is a nonprofit organization, located at 8405 Church Ranch Blvd, Westminster, CO 80021, that focuses on providing residential treatment, educational services, and other necessary aid to children and adolescents dealing with a range of mental health issues. Their mission is to offer a continuum of services, ensuring a comprehensive approach to address the unique needs of each individual. Despite including $789,291 of administrative costs, their primary focus remains on improving the lives of those they serve. With a workforce of 392 employees, Devereux Cleo Wallace strives to create a supportive environment that nurtures recovery and growth for those in need.


Official website here: www.devereux.org/colorado

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Devereux Cleo Wallace has received a two-star rating from Charity Navigator, with an overall score of 66%. The nonprofit excels in accountability and finance, scoring a perfect 100% in this category. However, concerns arise from the total lack of independent board members, which is a significant factor affecting its governance score. The organization's financial oversight is strong, with no material diversion of assets reported.

While Devereux Cleo Wallace demonstrates high program expense efficiency, allocating 92.56% of its budget to programs, it struggles with its liabilities to assets ratio, which sits at a concerning 380.43%. This figure indicates potential financial instability, raising red flags for prospective donors and stakeholders. Additionally, the absence of the tax form on the nonprofit's website detracts from its transparency efforts, despite having robust policies in place for conflict of interest and whistleblower protections.

Overall, while Devereux Cleo Wallace shows strengths in financial accountability, the lack of independent governance and potential liability issues present challenges that need addressing for improved organizational health and donor confidence.


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

Is Devereux Cleo Wallace legitimate?

Devereux Cleo Wallace is a legitimate nonprofit organization registered as a 501(c)(3) entity. Devereux Cleo Wallace 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: $240,772
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,407,751

For more financial information, click here


Official website here: www.devereux.org/colorado

What is the mission statement of Devereux Cleo Wallace?

Devereux Cleo Wallace's mission is centered around providing a comprehensive range of services for children and adolescents dealing with various mental health issues. Specifically, they offer residential treatment and educational day programs to cater to the unique needs of these individuals. Their primary objective is to create an environment that fosters healing and growth, thereby empowering these young individuals to lead healthier, more fulfilling lives. Furthermore, Devereux Cleo Wallace strives to offer its services across a wide spectrum of mental health disorders. This commitment to inclusivity ensures that they can assist a diverse group of children and adolescents in need.


Official website here: www.devereux.org/colorado

Who is the CEO of Devereux Cleo Wallace?

Robert C Dunne is the Chair, Treasurer, Trustee of Devereux Cleo Wallace.


Official website here: www.devereux.org/colorado

What is the revenue of Devereux Cleo Wallace?

Devereux Cleo Wallace's revenue in 2022 was $9,187,663.


Official website here: www.devereux.org/colorado

Who are the executives of Devereux Cleo Wallace and what are their salaries?

The average compensation at Devereux Cleo Wallace during 2022 was $22,063. There are 392 employees at Devereux Cleo Wallace.


Here are 9 key members and their salaries:


Robert C Dunne (Chair, Treasurer, Trustee)
  • Compensation: $0
  • Related: $431,485
  • Other: $51,127
L Gail Atkinson (Trustee)
  • Compensation: $0
  • Related: $298,897
  • Other: $26,173
Patrick Bacon (Psychiatrist)
  • Compensation: $273,336
  • Related: $0
  • Other: $12,261
Michael Seller (Psychiatrist)
  • Compensation: $238,394
  • Related: $0
  • Other: $9,102
Patricia Hillis Clark (Trustee)
  • Compensation: $0
  • Related: $187,823
  • Other: $12,586
Bambi Haney (Nurse Manager)
  • Compensation: $115,467
  • Related: $0
  • Other: $8,681
Kimberely Farestad (Director Of Operations)
  • Compensation: $106,097
  • Related: $0
  • Other: $5,178
John Krampf (Trustee - Thru March 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret M Mcgill (Trustee - Thru Feb 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.devereux.org/colorado

Where can I find the form 990 for Devereux Cleo Wallace?

Devereux Cleo Wallace's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.devereux.org/colorado

Learn more at the official website: www.devereux.org/colorado

Mission Statement of Devereux Cleo Wallace

Devereux Cleo Wallace, a non-profit organization, dedicates its mission to providing a comprehensive range of services for children and adolescents grappling with emotional and psychiatric disorders. At its core, Devereux Cleo Wallace offers residential treatment and educational day programs, catering to a diverse spectrum of mental health issues in young individuals. Through campus-based facilities, this organization extends vital care, ensuring that these children and adolescents receive the necessary support they require to overcome their challenges. It's important to note that the organization's operational expenses do not encompass $789,291 of administrative costs, demonstrating a commitment to keeping resources focused on direct services for the youth it serves.

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Impact




June, 2024

Devereux Cleo Wallace has been instrumental in providing crucial services to help children and adolescents struggling with emotional and psychiatric disorders. Through its campus-based residential treatment programs and educational services, Devereux Cleo Wallace has made a significant impact in supporting the mental health and well-being of young individuals in need. By offering a continuum of care and specialized programming, the organization plays a vital role in addressing the unique needs of this vulnerable population. The work of Devereux Cleo Wallace contributes to improving the lives of children and adolescents facing mental health challenges, ultimately helping them build a brighter future.




This information is meant to be a general summary of Devereux Cleo Wallace. 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
$9,187,663 (2022)
Expenses
$14,776,238 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $645
  • Program Service Revenue: $8,783,583
  • Gross Receipts: $9,187,963

Assets and Liabilities:

  • Total Assets: $5,583,000
  • Total Liabilities: $16,222,000
  • Net Assets: -$10,639,000

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Programs

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

CAMPUS-BASED RESID TREATMENT (INC EDUC SERVICES)

Revenue

$7,967,563

OUTPATIENT SERVICES

Revenue

$312,829

JUVENILE JUSTICE

Revenue

$503,191

Organization Details

Founding Year

1948

Principal Officer

Robert C Dunne

Main Address

8405 Church Ranch Blvd, Westminster, CO, 80021

NTEE Category

Code: F300 - Mental health

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