Fountain House
Meets Standards
Standards For Charity Accountability
Governance
-
Board Oversight
-
Board Size
-
Board Meetings
-
Board Compensation
-
Conflict of Interest
Measuring Effectiveness
-
Effectiveness Policy
-
Effectiveness Report
Finances
-
Program Expenses
-
Fundraising Expenses
-
Accumulating Funds
-
Audit Report
-
Detailed Expense Breakdown
-
Accurate Expense Reporting
-
Budget Plan
Fundraising & Info
-
Truthful Materials
-
Annual Report
-
Website Disclosures
-
Donor Privacy
-
Cause Marketing Disclosures
-
Complaints
Fountain House meets the 20 Standards for Charity Accountability.
Stated Purpose:
Our mission is to create the community, innovation, and social change needed for people most impacted by mental illness to lead connected and healthy lives.
Year, State Incorporated:
1948, NY
Fountain House takes a public health approach to serious mental illness. We address both the health and social needs of our members through an integrated model that connects our physical clubhouse – where members are engaged in an innovative therapeutic community rooted in Social Practice, and take steps in reclaiming their agency and dignity – with access to clinical support, housing, and care management. Our College Re-Entry and young adult programming focuses on early intervention and prevention of isolation and its health, social and economic effects. Our policy and advocacy work is shaping a national mental health policy agenda, from how we respond to mental health emergencies, to addressing systemic barriers that people with serious mental illness face every day.
For the year ended June 30, 2024, Fountain House's program expenses were:
| Programs | $33,229,832 |
| Total Program Expenses | $33,229,832 |
Chief Executive
Ken Zimmerman, Chief Executive Officer
Compensation*
$406,451
Chair of the Board
Gregory Baecher
Chair's Profession / Business Affiliation
Arctos Partners
Board Size
19
Method(s) Used:
Direct mail appeals, Print advertisements (newspapers, magazines, etc.), Television, Grant proposals, Internet, Planned giving arrangements, Cause-related marketing (affinity credit cards, consumer product sales, etc.), Membership appeals
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Fountain House's audited financial statements for the year ended June 30, 2024.
Source of Funds
| Contributions | $22,943,113 |
| Government Contracts and Grants | $16,990,270 |
| Fee for Service | $6,135,689 |
| Investment Income | $3,538,750 |
| Other Income | $782,383 |
| Interest Income | $2,613 |
| Investment Loss | $-1,946,216 |
| Total Income | $48,446,602 |
Programs: 78% Fundraising: 6% Administrative: 15%
| Total Income | $48,446,602 |
| Total expenses: | $42,333,283 |
| Program expenses | $33,229,832 |
| Fundraising expenses | $2,602,720 |
| Administrative expenses | $6,500,731 |
| Other expenses | $0 |
| Income in Excess of Expenses | $6,113,319 |
| Beginning Net Assets | $59,672,354 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $65,785,673 |
| Total Liabilities | $12,604,255 |
| Total Assets | $78,386,928 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
-
Meets Standards
-
Standards Not Met
-
Did Not Disclose
-
Review in Progress
-
Unable to Verify
Report completed by:
BBB Foundation of Metropolitan New York