MENTAL HEALTH AMERICA OF FREDERICKSBURG INC
Mission Statement
Serving Planning District 16 (Caroline, Fredericksburg, King George, Spotsylvania and Stafford) for over six decades, MHAF exists to improve the lives of people with mental health problems by providing advocacy, education and services that improve access to quality mental health treatment and services, particularly for vulnerable populations like the uninsured and elderly. Mental Health America of Fredericksburg Connect people with appropriate and available resources Educate to promote mental health awareness and understanding Advocate for policies and programs that impact the lives of people with mental health problems in our community Serve those with mental health needs by providing supportive services Identify gaps unmet by public and private mental health providers and insurers Create and incubate programs tailored to meet those needs through collaborative efforts
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
77.1% | 83.7% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
18.4% | 13.2% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
4.6% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
23.2% | 10.2% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
10.9 mo | 11.3 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
25.1% | 3.1% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
76.3% | 92.2% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-15.6% | 7.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-5.9% | 9.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-15.4% | 2.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $202K | $233K | $212K | 77.1% | 9 |
| 2023 | $239K | $247K | $242K | 74.5% | 7 |
| 2022 | $201K | $232K | $252K | 74.3% | 13 |
| 2021 | $284K | $207K | N/A | — | 7 |
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