Devereux Cleo Wallace
- Assets
- $5.6m
- Revenue
- $9.2m
- Investments
- $0.0
- Employees
- 392
- Location
- Westminster, CO
- Founding
- 07/1950
- Data as of
- 06/2022
- EIN
- 84-0406820
Organization Overview
Devereux Cleo Wallace is located in Westminster, CO. The organization was established in 1950. According to its NTEE Classification (F30) the organization is classified as: Mental Health Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2022, Devereux Cleo Wallace employed 392 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Devereux Cleo Wallace is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Devereux Cleo Wallace generated $9.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $14.8m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
DEVEREUX CLEO WALLACE PROVIDES A CONTINUUM OF SERVICES FOR CHILDREN AND ADOLESCENTS WITH EMOTIONAL AND PSYCHIATRIC DISORDERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAMPUS-BASED RESIDENTIAL TREATMENT (INCLUDING EDUCATIONAL SERVICES) FOR CHILDREN AND ADOLESCENTS WITH PSYCHIATRIC DISORDERS, EMOTIONAL AND BEHAVIORAL DISORDERS. EXPENSES DO NOT REFLECT $789,291 OF ADMINISTRATIVE COSTS.
OUTPATIENT SERVICES INCLUDES INDIVIDUAL AND FAMILY THERAPY SERVICES, OUTPATIENT PYSCHIATRIC AND PSYCHOLOGICAL SERVICES, AND CRISIS INTERVENTION SERVICES. EXPENSES DO NOT REFLECT $191,999 OF ADMINISTRATIVE COSTS.
JUVENILE JUSTICE SERVICES INCLUDE PSYCHIATRIC AND PSYCHOLOGICAL SERVICES PROVIDED WITHIN A YOUTH CENTER. EXPENSES DO NOT REFLECT $28,159 OF ADMINISTRATIVE COSTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick Bacon Psychiatrist | 55 | $273,336 | |
Michael Seller Psychiatrist | 55 | $238,394 | |
Bambi Haney Nurse Manager | 55 | $115,467 | |
Kimberely Farestad Director Of Operations | 55 | $106,097 | |
Robert C Dunne Chair, Treasurer, Trustee | OfficerTrustee | 3 | $0 |
L Gail Atkinson Trustee | OfficerTrustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ml Painting And Contracting Maintenance | 6/29/22 | $326,575 |
Best Way Seal Coat And Crack Repair Maintenance | 6/29/22 | $391,982 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $8,665 |
| Government grants | $352,505 |
| All other contributions, gifts, grants, and similar amounts not included above | $27,130 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $388,300 |
| Total Program Service Revenue | $8,783,583 |
| Investment income | $745 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$100 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,187,663 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $240,772 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,407,751 |
| Pension plan accruals and contributions | $87,656 |
| Other employee benefits | $1,256,651 |
| Payroll taxes | $635,463 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,832 |
| Fees for services: Accounting | $10,066 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,373,637 |
| Advertising and promotion | $1,607 |
| Office expenses | $25,950 |
| Information technology | $59,302 |
| Royalties | $0 |
| Occupancy | $987,061 |
| Travel | $48,327 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $186,153 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $576,342 |
| Insurance | $704,691 |
| All other expenses | $0 |
| Total functional expenses | $14,776,238 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $27,000 |
| Pledges and grants receivable | $1,136,000 |
| Accounts receivable, net | $324,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $48,000 |
| Net Land, buildings, and equipment | $4,048,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,583,000 |
| Accounts payable and accrued expenses | $1,853,000 |
| Grants payable | $0 |
| Deferred revenue | $197,000 |
| Tax-exempt bond liabilities | $806,000 |
| Escrow or custodial account liability | $7,000 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $13,359,000 |
| Total liabilities | $16,222,000 |
| Net assets without donor restrictions | -$11,134,000 |
| Net assets with donor restrictions | $495,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,583,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Devereux Cleo Wallace has recieved totaling $27,000.
| Awarding Organization | Amount |
|---|---|
J J Huddart Charitable Trust 10-979000 Las Vegas, NV PURPOSE: GENERAL OPERATING | $27,000 |
Endowment Analysis
| Beg. Balance | $947,000 |
| Earnings | -$17,000 |
| Other Expense | $930,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Summitstone Health Partners Fort Collins, CO | $34,828,236 | $52,649,506 |
Mental Health Center Of Boulder County Inc Lafayette, CO | $46,481,544 | $42,259,762 |
North Oklahoma County Mental Health Center Oklahoma City, OK | $30,663,667 | $20,295,919 |
Cope Community Services Inc Tucson, AZ | $56,139,591 | $33,426,931 |
Occk Inc Salina, KS | $15,925,978 | $24,423,942 |
Centennial Mental Health Center Incorporated Sterling, CO | $23,779,964 | $20,771,781 |
Parkside Inc Tulsa, OK | $33,747,925 | $16,603,388 |
San Luis Valley Behavioral Health Group Inc Alamosa, CO | $21,996,240 | $20,120,166 |
Native American Connections Inc Phoenix, AZ | $64,970,277 | $22,139,432 |
West Central Mental Health Center Inc Canon City, CO | $7,459,160 | $15,751,879 |
Green Country Behavioral Health Services Inc Muskogee, OK | $13,061,282 | $18,246,200 |
Devereux Cleo Wallace Westminster, CO | $5,583,000 | $9,187,663 |