Apt Foundation INC FY2024 filing

Tax-deductible

New Haven, CT501(c)(3)Since 1970Mental HealthEIN 23-7061218

This page gets seen. Tell your story. Claim this org.

To promote health and recovery for those who live with substance use disorders and/or mental illness.

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
$1.4M 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

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
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
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $2.2M a year · 6% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.4M
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $507K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$7.5M
25% of total assets
Looks good: liabilities are 25% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$39.0M
-7% vs prior year
Spent
$36.7M
To programs
79%
Net assets
$22.7M
By yearFY2020–FY2024
Revenue
$39.0M
FY2024▼ -7%
Revenue by fiscal year
FY2020$31.6M
FY2021$33.2M
FY2022$34.1M
FY2023$41.9M
FY2024$39.0M
FY2024$36.9M
Expenses
$36.7M
FY2024▲ +3%
Expenses by fiscal year
FY2020$30.7M
FY2021$32.3M
FY2022$33.4M
FY2023$35.7M
FY2024$36.7M
FY2024$35.9M
Net assets
$22.7M
FY2024▲ +11%
Net assets by fiscal year
FY2020$12.1M
FY2021$13.2M
FY2022$14.2M
FY2023$20.5M
FY2024$22.7M
FY2024$23.7M

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1970.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $29.1M Management & general 21% · $7.7M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

16 people listed on the 990; $1.4M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$341,527Pt VII · Sec A
Medical Director Primary Care
$249,572Pt VII · Sec A
CFO/Treasurer
$211,816Pt VII · Sec A
$152,441Pt VII · Sec A
Director Clinical Operations
$145,140Pt VII · Sec A
Director Residential Services
$143,791Pt VII · Sec A
$141,432Pt VII · Sec A
$0Pt VII · Sec A

Lynn Madden’s $422K as CEO is at the 87th percentile of top reported officer pay among 746 $10–100M mental health 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 · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Lynn Madden$421,811$341,527$290,343$267,920$269,475—
Michelle Michaud$269,163$211,816$205,479$184,810$179,763$165,202
Lynn M Madden—————$250,475
Julia M Shi$249,055$249,572$249,044$229,657$225,740$204,811
Robert M Freeman$157,464$145,140————
Katherine Dangelo$146,284$152,441————
Mary Ellen Savage—————$146,352
Scott O Farnum——$144,191—$127,900$118,808

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 Apt Foundation INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Helps people with substance use disorders and mental illness recover and live healthier lives.

Provided by the organization

This section is blank until Apt Foundation INC claims this page.

Know this organization? Claim it to add your story

3 program services account for $29.1M of program spending, described in the organization's own filed words · FY2023.
01

Treatment Programs

The apt foundation provides treatment to individuals with substance use and mental health disorders with an emphasis on traditionally underserved populations. The foundation offers treatment programs for adults that address the full range of substances of abuse including opiates, cocaine, alcohol and multiple addictions.

$25.6Mprogram expense
02

Access to Primary Care

Other programs, such as access to primary care, are offered to assist in the treatment of substance use and mental health disorders, with an emphasis on traditionally underserved populations.

$2.7Mprogram expense
03

Addiction Research

The apt foundation, working in collaboration with the connecticut mental health center and the yale school of medicine, has earned a reputation for excellence in addiction research as well as treatment.

$806Kprogram expense

Run this program? Claim this org to tell your story

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 · FY2024
Yale UniversityFY2024$507K
Total grants receivedfrom 1 funder$507K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$39.0M
Ln 12
Fees for servicesLn 2g$29.7M
Gifts and grantsLn 1h$8.8M
Other incomeLn 4–11$278K
Money outPt IX
$36.7M
Ln 25
Programscol B$29.1M
Managementcol C$7.7M
Owns and owesPt X
$22.7M
net assets · Ln 32
Cash and savingsLn 1–2$6.5M
Total assetsLn 16$30.2M
LiabilitiesLn 26$7.5M
PeoplePt VI, VII
16
listed · VII A
PaidVII A7
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$8.8M
Government grantsLn 1e$8.8M
Fees for servicesLn 2g$29.7M
Investment incomeLn 3$154K
Other incomeLn 4–11$278K
Total revenueLn 12$39.0M
Assets in detailPt X, end of year
CashLn 1$6.5M
Cash and savings togetherLn 1–2$6.5M
Land, buildings, equipmentLn 10c$17.6M
Other assetsLn 15$3.6M
Total assetsLn 16$30.2M
LiabilitiesLn 26$7.5M
Net assetsLn 32$22.7M
OperationsPt I, VI
EmployeesI 5362
VolunteersI 610
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$4.3M$6.5M
Land, buildings, equipmentLn 10c$14.9M$17.6M
Total assetsLn 16$25.6M$30.2M
LiabilitiesLn 26$5.1M$7.5M
Net assetsLn 32$20.5M$22.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$588K$211K$377K
Other salaries and wagesLn 7$19.7M$16.8M$2.9M
Pension plan contributionsLn 8$565K$474K$91K
Other employee benefitsLn 9$3.6M$3.0M$577K
Payroll taxesLn 10$1.3M$1.1M$212K
Legal feesLn 11b$51K$51K
Accounting feesLn 11c$83K$83K
Other fees for servicesLn 11g$1.7M$1.4M$257K$0
Advertising and promotionLn 12$39K$14K$25K
Office expensesLn 13$3.8M$2.7M$1.1M
Information technologyLn 14$375K$135K$240K
OccupancyLn 16$1.7M$1.1M$549K
TravelLn 17$277K$253K$25K
InterestLn 20$117K$117K
Depreciation, depletion and amortizationLn 22$948K$483K$465K
InsuranceLn 23$515K$396K$119K
Other expenses (24a–d)Ln 24$860K$762K$98K
All other expensesLn 24e$529K$190K$339K$0
Total functional expensesLn 25$36.7M$29.1M$7.7M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Viewing $39.0M$36.7M$2.2M$22.7M 990 PDF
FY2023 $41.9M$35.7M$6.2M$20.5M 990 PDF
FY2022 $34.1M$33.4M$644K$14.2M 990 PDF
FY2021 $33.2M$32.3M$864K$13.2M 990 PDF
FY2020 $31.6M$30.7M$915K$12.1M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $38,953,787 across 8 lines filed
VIII-1e Government grants$8,782,406
VIII-1f All other contributions, gifts and grants$25,032
VIII-1h Total contributions, gifts and grants$8,808,088
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $29,712,987$29,712,987
VIII-3 Investment incomeExcluded from tax $154,224$154,224
VIII-6 Net rental income or lossExcluded from tax −$23,079−$23,079
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $301,567$301,567
VIII-12 Total revenueRelated to mission $30,014,554 · Unrelated business $0 · Excluded from tax $131,145$38,953,787
Part IX · Statement of functional expenses $36,748,323 across 18 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $211,129 · Management $377,071$588,200
IX-7 Other salaries and wagesPrograms $16,825,556 · Management $2,896,101$19,721,657
IX-8 Pension plan contributionsPrograms $473,757 · Management $91,020$564,777
IX-9 Other employee benefitsPrograms $3,004,088 · Management $577,160$3,581,248
IX-10 Payroll taxesPrograms $1,101,440 · Management $211,614$1,313,054
IX-11b Legal feesManagement $51,210$51,210
IX-11c Accounting feesManagement $82,975$82,975
IX-11g Other fees for servicesPrograms $1,440,844 · Management $257,388 · Fundraising $0$1,698,232
IX-12 Advertising and promotionPrograms $13,855 · Management $24,745$38,600
IX-13 Office expensesPrograms $2,675,998 · Management $1,130,982$3,806,980
IX-14 Information technologyPrograms $134,570 · Management $240,338$374,908
IX-16 OccupancyPrograms $1,130,191 · Management $549,231$1,679,422
IX-17 TravelPrograms $252,851 · Management $24,562$277,413
IX-20 InterestManagement $116,992$116,992
IX-22 Depreciation, depletion and amortizationPrograms $483,242 · Management $464,939$948,181
IX-23 InsurancePrograms $395,904 · Management $119,386$515,290
IX-24 Other expenses (24a–d)Programs $762,110 · Management $97,934$860,044
IX-24e All other expensesPrograms $189,930 · Management $339,210 · Fundraising $0$529,140
IX-25 Total functional expensesPrograms $29,095,465 · Management $7,652,858 · Fundraising $0$36,748,323
Part X · Balance sheet $30,177,032 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $4,313,536$6,483,038
X-3 Pledges and grants receivableStart of year $739,268$581,262
X-4 Accounts receivableStart of year $1,236,038$1,332,264
X-9 Prepaid expenses and deferred chargesStart of year $649,854$528,419
X-10c Land, buildings and equipment, netStart of year $14,854,591$17,640,619
X-15 Other assetsStart of year $3,805,933$3,611,430
X-16 Total assetsStart of year $25,599,220$30,177,032
X-17 Accounts payable and accrued expensesStart of year $3,291,497$5,777,485
X-19 Deferred revenueStart of year $455$1,200
X-25 Other liabilitiesStart of year $150,304$118,319
X-26 Total liabilitiesStart of year $5,112,296$7,489,948
X-27 Net assets without donor restrictionsStart of year $20,486,924$22,687,084
X-32 Total net assets or fund balancesStart of year $20,486,924$22,687,084
X-33 Total liabilities and net assetsStart of year $25,599,220$30,177,032
Part XI · Reconciliation of net assets $22,687,084 net assets at year end
XI-1 Total revenue$38,953,787
XI-2 Total expenses$36,748,323
XI-3 Revenue less expenses$2,205,464
XI-4 Net assets at start of year$20,486,924
XI-9 Other changes in net assets−$5,304
XI-10 Net assets at end of year$22,687,084

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.