Infinity Peer Support Cooperative FY2023 filing

Tax-deductible

Rochester, NH501(c)(3)Since 1994Human ServicesEIN 02-0477574

We are dedicated to providing an alternative, non-medical approach to wellness and recovery. We offer a non-judgmental, non-critical, safe, supportive and educational environment for individuals struggling and recovering with a variety of mental health issues. Staff and members share leadership and decision-making.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
$63K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
Is it a real charity?
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Are gifts tax-deductible?
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Is it filing on time?
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 years looks good.
IRS e-file · Filing history
Is it financially stable?
2 of 5
years in the black
Concern: 3 of the last 5 filings show a deficit.
Pt I · Ln 19 · 5 filings
How much reaches the programs?
87%
of spending
Looks good: 87% of spending went to programs; 75% or more looks good.
Pt IX · Ln 25 · col B
What are leaders paid?
$63K
to officers and key staff · 19% of spending
Worth a look: leaders' pay is 19% of spending; over 15% is worth a look.
Pt VII · Sec A
Do they have reserves?
3 mo
of spending, in cash
Looks good: 3.2 months of spending in cash; 3 or more looks good.
Pt X · Ln 1–2 · Pt I · Ln 18
Who is supporting them already?
1
named funder · $10K
Worth a look: 1 funder names it on their filings; under 3 is worth a look.
Funders’ Sch. I, 990-PF
Do they carry debt?
$339K
liabilities
Concern: debts are 86% of assets; over 80% is a concern.
Pt X · Ln 26
Who oversees it?
7
independent of 7 voting board members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodWorth a lookConcernTap a box for the reason.
Revenue
$332K
+51% vs prior year
Spent
$335K
To programs
87%
Net assets
$57K
By yearFY2020–FY2024
Revenue
$332K
FY2023▲ +51%
Revenue by fiscal year
FY2020$202K
FY2021$225K
FY2022$219K
FY2023$332K
FY2024$252K
FY2024$297K
Expenses
$335K
FY2023▲ +29%
Expenses by fiscal year
FY2020$193K
FY2021$209K
FY2022$259K
FY2023$335K
FY2024$255K
FY2024$294K
Net assets
$57K
FY2023▼ -5%
Net assets by fiscal year
FY2020$84K
FY2021$100K
FY2022$60K
FY2023$57K
FY2024$54K
FY2024$55K

From the FY2023 Form 990 (year ending June 2023) · see the original

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Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CInfinity Peer Support Cooperative
EINHdr · item D02-0477574
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFMar 1996
Year of formationHdr · item L1994
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CRochester, NH
NTEE classificationIRS BMFHuman Services (P80)
WebsiteHdr · item Jinfinitypeersupport.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Management & general $0.13 Fundraising $0.00
Program services87%$292K
Management & general13%$42K
Fundraising$751
Total functional expensesLn 25$335K

Financial health

Is it on solid ground?

Program efficiency
87%
of spending reaches programs
Operating runway
3.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
-0.9%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total assets
$397K
FY2023▼ -6%
Total assets by fiscal year
FY2020$380K
FY2021$369K
FY2022$423K
FY2023$397K
FY2024$381K
FY2024$441K
Total liabilities
$339K
FY2023▼ -6%
Total liabilities by fiscal year
FY2020$296K
FY2021$268K
FY2022$363K
FY2023$339K
FY2024$327K
FY2024$386K
Revenue less expensesPt I · Ln 19−$3K
Total assetsPt X · Ln 16$397K
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47

Balance Sheet

Part X · end of year
CashLn 1$89K
Total assetsLn 16$397K
Total liabilitiesLn 26$339K
Total net assetsLn 32$57K
Months of cash on handcomputed3.2

Statement of Revenue

Part VIII
Contributions & grants100%$331K
Investment income$9
Other revenue$380
— government grantsLn 1e$299K
Total revenueLn 12$332K

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $89K · Operating expenses/yr $335K
3.2 months
Where the money goes
Program services
Program services $292K · Total expenses $335K
87%
Management & General
Management & general $42K · Total expenses $335K
13%
Fundraising
Fundraising $751 · Total expenses $335K
0.2%
Cost to raise $1
Fundraising expense (3-yr avg) $2K · Solicited contributions (3-yr avg) $16K
$0.10 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $331K · Total revenue $332K
100%
Government reliance
Government grants $299K · Total revenue $332K
90%
Earned-income share
Program service revenue $0 · Total revenue $332K
0%
Investment reliance
Investment income $9 · Total revenue $332K
<0.01%
Program self-sufficiency
Program service revenue $0 · Total expenses $335K
0%
Growth & trend
Revenue growth (YoY)
This year $332K · Prior year $219K
+51%
Net-asset trend (YoY)
End of year $57K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $332K · Expenses $335K
-0.9%
Liabilities-to-Assets
Total liabilities — · Total assets $397K
—
Net-asset ratio
Net assets $57K · Total assets $397K
14%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $397K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Heather Walker-Mcconihe · Reported title President · Highest reported compensation $0 · Total expenses $335K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $202K · Total expenses $335K
60%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 87%——
Overhead ratio 13%——
Fundraising cost ratio 0.2%——
Revenue growth 51%——
Investment management fee ratio 0%——
Legal fee ratio 0%——
Accounting fee ratio 2%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Former Executive Director
$62,673Pt VII · Sec A
$0Pt VII · Sec A
Vice-President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Heather Walker-Mcconihe’s $31K as Interim Executive Director July 24-Jan25 is at the 19th percentile of top reported officer pay among 2167 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021
Melissa Silvey——$62,673$47,788$27,019
Heather Walker-Mcconihe$30,673$10,577———
Natalie Miller$8,750————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Infinity Peer Support Cooperative executive salaries →

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Governance & Policies

Part VI
  • 7Voting board membersPt VI · Ln 1a
  • 7Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Offers a safe, supportive space for mental health recovery through non-medical wellness education.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

1 program service account for $292K of program spending, described in the organization's own filed words · FY2022.
01

Infinity Peer Support provides intentional peer support, wellness recovery action plans and monthly education.

$292Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$10K

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 $252K$255K-24% 990 PDF
FY2023 Viewing $332K$335K+51% 990 PDF
FY2022 $219K$259K-2% 990 PDF
FY2021 $225K$209K+11% 990 PDF
FY2020 $202K$193K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Full filing: Form 990 for FY2023

Every line we hold from the return, cited to its Part and line.
Part IX · Statement of functional expenses $334,673 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $62,500$62,500
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $114,220$114,220
IX-8 Pension plan contributionsPrograms $3,385$3,385
IX-9 Other employee benefitsPrograms $8,569$8,569
IX-10 Payroll taxesPrograms $13,668$13,668
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $7,000$7,000
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotionFundraising $751$751
IX-13 Office expensesPrograms $8,736$8,736
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $21,539$21,539
IX-17 TravelPrograms $6,044$6,044
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestPrograms $12,261$12,261
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $14,647$14,647
IX-23 InsurancePrograms $11,987$11,987
IX-24 Other expenses (24a–d)Programs $12,577 · Management $35,298$47,875
IX-24e All other expensesPrograms $1,491$1,491
IX-25 Total functional expensesPrograms $291,624 · Management $42,298 · Fundraising $751$334,673

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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