Mcshin Foundation
- Assets
- $2.3m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 31
- Location
- Richmond, VA
- Founding
- 02/2005
- Data as of
- 06/2023
- EIN
- 20-1327278
Organization Overview
Mcshin Foundation is located in Richmond, VA. The organization was established in 2005. According to its NTEE Classification (F20) the organization is classified as: Substance Abuse Dependency, Prevention & Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2023, Mcshin Foundation employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mcshin Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Mcshin Foundation generated $3.4m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $3.2m during the year ending 06/2023. While expenses have increased by 12.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE MCSHIN FOUNDATION IS TO DELIVER A MESSAGE OF HOPE TO INDIVIDUALS WITH SUBSTANCE USE DISORDERS, AND TO FACILITATE THEIR JOURNEY TO A HEALTHIER LIFE. SINCE ITS INCEPTION IN 2004, THE MCSHIN FOUNDATION HAS PROVIDED INTERVENTION AND RECOVERY SERVICES, HOUSING SERVICES, COMMUNITY RESOURCE COLLABORATIVE SERVICES, RECOVERY EDUCATION AND ADVOCACY, AND A SPEAKER SERIES. THE MCSHIN FOUNDATION WAS ESTABLISHED BOTH BY AND FOR THE RECOVERY COMMUNITY TO PROMOTE STRENGTHS-BASED HEALING, UTILIZING EVIDENCE- BASED PRACTICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MCSHIN FOUNDATION HAS THE ABILITY TO PROVIDE SAME DAY ACCESS TO AUTHENTIC PEER RECOVERY SUPPORT SERVICES, AS WELL AS LINKAGE TO CLINICAL SERVICES INCLUDING DETOX, PSYCHIATRIC EVALUATION, ADDICTION CONSULTATIONS, INDIVIDUAL THERAPY, AND SUBSTANCE ABUSE COUNSELING. BECAUSE OF THE NATURE OF SUBSTANCE USE DISORDERS, ACCESS TO IMMEDIATE SERVICES IS IMPERATIVE TO THE RECOVERY PROCESS. THE RESIDENTIAL COMPONENT OF MCSHIN'S RECOVERY PROGRAM IS OFTEN THE MOST ESSENTIAL ASPECT OF THE RECOVERY PROCESS. THE RECOVERY HOUSING PROGRAM FOR PARTICIPANTS ALLOWS FOR STRUCTURE, FOCUS, AND A SENSE OF COMMUNITY TO BE CONSTANT ELEMENTS OF RECOVERY. FOR CURRENT AND PROSPECTIVE PARTICIPANTS, THE NEED FOR SAFE HOUSING IS CRUCIAL, ESPECIALLY AS THE MOST COMMONLY SERVED POPULATIONS AT MCSHIN FOUNDATION ARE INDIVIDUALS REENTERING SOCIETY FROM INCARCERATION OR INSTITUTIONALIZATION, RECOVERY-RESISTANT INDIVIDUALS WITH A HISTORY OF RELAPSE, AND INDIVIDUALS SEEKING AFTERCARE FOR TREATMENT CENTERS. ADDITIONALLY, ACCESS TO RECOVERY HOUSING IS PARAMOUNT FOR AN INDIVIDUAL'S FIRST THIRTY DAYS OF RECOVERY AS IT IS DURING THIS CRITICAL PERIOD WHEN THE GREATEST INROADS ARE MADE INTO BUILDING A RECOVERY FOUNDATION. 229 PARTICIPANTS CAME THROUGH THE 28 DAY PROGRAM IN FISCAL YEAR 2022-2023 AND 184 OF THOSE COMPLETED THE 28 DAY PROGRAM. 12,299 INDIGENT BED NIGHTS AND 117 RECEIVED 28 DAY PROGRAM SCHOLARSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Kelly Chairman | OfficerTrustee | 2 | $0 |
Dusty O'quinn Vice Chairw | OfficerTrustee | 2 | $0 |
Mary Jenczewski Treasurer | OfficerTrustee | 2 | $0 |
Andrea Wright Secretary | OfficerTrustee | 2 | $0 |
Debbie Rosenbaum Director | Trustee | 1 | $0 |
Virginia Hall Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $5,015 |
| Related organizations | $0 |
| Government grants | $745,305 |
| All other contributions, gifts, grants, and similar amounts not included above | $741,139 |
| Noncash contributions included in lines 1a–1f | $11,240 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,491,459 |
| Total Program Service Revenue | $1,859,531 |
| Investment income | $4,199 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $19,171 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,374,360 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $198,275 |
| Compensation of current officers, directors, key employees. | $29,741 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $601,203 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $28,103 |
| Payroll taxes | $58,922 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,040 |
| Fees for services: Accounting | $16,288 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $70,763 |
| Advertising and promotion | $50,062 |
| Office expenses | $63,210 |
| Information technology | $30,887 |
| Royalties | $0 |
| Occupancy | $313,945 |
| Travel | $128,458 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $24,378 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $45,798 |
| Insurance | $54,074 |
| All other expenses | $319,215 |
| Total functional expenses | $3,227,491 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $531,406 |
| Savings and temporary cash investments | $162,790 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,334 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,369,656 |
| Investments—publicly traded securities | $154,825 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $93,244 |
| Total assets | $2,329,255 |
| Accounts payable and accrued expenses | $12,989 |
| Grants payable | $0 |
| Deferred revenue | $123,629 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $422,283 |
| Unsecured mortgages and notes payable | $144,249 |
| Other liabilities | $22,133 |
| Total liabilities | $725,283 |
| Net assets without donor restrictions | $1,449,147 |
| Net assets with donor restrictions | $154,825 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,329,255 |