Multi-Therapeutic Services INC

Clemmons, NC · Public charity (501(c)(3)) · Housing

✕ IRS exemption revoked
Revenue
$2.9M
+16% vs prior year
Spent
$2.7M
To programs
92%
Net assets
$13K
By yearFY2020–FY2022
Revenue
$2.9M
FY2022▲ +16%
Revenue by fiscal year
FY2020$2.1M
FY2021$2.5M
FY2022$2.9M
Expenses
$2.7M
FY2022▲ +33%
Expenses by fiscal year
FY2020$1.8M
FY2021$2.1M
FY2022$2.7M
Net assets
$13K
FY2022▼ -37%
Net assets by fiscal year
FY2020$16K
FY2021$21K
FY2022$13K

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

IRS revoked this organization's tax-exempt status on May 15, 2010

Status and standing

Is it real, and can you give to it?

Tax-deductible?
No — IRS exemption revoked
On the IRS revocation list.
Can I give now?
No — exemption revoked (2010-05-15)
On the IRS revocation list.
Filing up to date?
Last filed FY2022 — 4 yrs ago
Legal name (IRS)Hdr · item CMulti-Therapeutic Services INC
EINHdr · item D61-1435769
Exempt statusHdr · item IRevoked
Ruling yearIRS BMFJan 2015
Latest filingForm 990FY2022 · Form 990
Principal addressHdr · item CClemmons, NC
NTEE classificationIRS BMFHousing (L25)

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 $0.92 Management & general $0.08
Program services92%$2.5M
Management & general8%$230K
Total functional expensesLn 25$2.7M

Financial health

Is it on solid ground?

Program efficiency
92%
of spending reaches programs▼ -0.5% vs prior filing year
Operating runway
0.1mo
months of highly liquid reserves at operating expense rate0% vs prior filing year
Surplus margin
+4%
revenue over expenses, this year▼ -75% vs prior filing year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Total assets
$13K
FY2022▼ -37%
Total assets by fiscal year
FY2020$16K
FY2021$21K
FY2022$13K
Total liabilities
$0
FY2022
Total liabilities by fiscal year
FY2020$0
FY2021$0
FY2022$0
Revenue less expensesPt I · Ln 19$116K
Total assetsPt X · Ln 16$13K
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Balance Sheet

Part X · end of year
CashLn 1$13K
Total assetsLn 16$13K
Total liabilitiesLn 26$0
Total net assetsLn 32$13K
Months of cash on handcomputed0.1

Statement of Revenue

Part VIII
Program service revenue100%$2.9M
Total revenueLn 12$2.9M

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $13K · Operating expenses/yr $2.7M
0.1 months
Where the money goes
Program services
Program services $2.5M · Total expenses $2.7M
92%
Management & General
Management & general $230K · Total expenses $2.7M
8%
Fundraising
Fundraising $0 · Total expenses $2.7M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $2.9M
0%
Government reliance
Government grants — · Total revenue $2.9M
—
Earned-income share
Program service revenue $2.9M · Total revenue $2.9M
100%
Investment reliance
Investment income $0 · Total revenue $2.9M
0%
Program self-sufficiency
Program service revenue $2.9M · Total expenses $2.7M
104%
Growth & trend
Revenue growth (YoY)
This year $2.9M · Prior year $2.5M
+16%
Net-asset trend (YoY)
End of year $13K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.9M · Expenses $2.7M
+4%
Liabilities-to-Assets
Total liabilities — · Total assets $13K
—
Net-asset ratio
Net assets $13K · Total assets $13K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $13K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Toni Jones · Reported title PRESIDENT · Highest reported compensation $138K · Total expenses $2.7M
5%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $140K · Total expenses $2.7M
5%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 92%——
Overhead ratio 8%——
Revenue growth 16%——
Accounting fee ratio 0.04%——

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
President
$138,333Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Toni Jones’s $138K as President is at the 64th percentile of top reported officer pay among 2036 $1–10M housing 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 · 2 named individuals · Part VII

NameFY2022FY2021FY2020
Toni Jones$138,333$88,858$63,125
Issa Mossi—$15,141$7,645

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.

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Governance & Policies

Part VI
  • 4Voting board membersPt VI · Ln 1a
  • 4Independent 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 15aNo
  • Family or business ties among leadersPt VI · Ln 2Yes

Mission and programs

What it does.

Supports individuals in community settings, planning services with them and their partners.

Provided by the organization

This section is blank until Multi-Therapeutic Services INC claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $2.5M of program spending, described in the organization's own filed words · FY2022.
01

Residential supports provide assistance with acquisition, retention, improvement of skills related to activities of daily living, such as personal grooming, cleanliness, bed making, household chores, eating, the preparation of food, social and adaptive skills necessary to enable the individual to reside in a non-institutional…

$2.5Mprogram expense

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Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2022 Latest Viewing $2.9M$2.7M+16% 990 PDF
FY2021 $2.5M$2.1M+17% 990 PDF
FY2020 $2.1M$1.8M 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

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) · FY2022IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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