Governors Institute On Substance Abuse
- Assets
- $1.9m
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 21
- Location
- Raleigh, NC
- Founding
- 01/1992
- Data as of
- 06/2023
- EIN
- 56-1735937
Organization Overview
Governors Institute On Substance Abuse is located in Raleigh, NC. The organization was established in 1992. 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, Governors Institute On Substance Abuse employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Governors Institute On Substance Abuse 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, Governors Institute On Substance Abuse generated $3.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $3.5m during the year ending 06/2023. While expenses have increased by 5.3% per year over the past 7 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
IMPROVING THE HEALTH AND WELL-BEING OF INDIVIDUALS, FAMILIES AND COMMUNITIES BY REDUCING THE TOLL OF SUBSTANCE ABUSE THROUGH EDUCATION, RESEARCH, AND COMMUNITY PARTNERSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO IMPROVE ACCESS TO QUALITY SUBSTANCE USE DISORDER PREVENTION, TREATMENT, AND RECOVERY SERVICES AND SUPPORTS THROUGH TRAINING, TECHNICAL ASSISTANCE, MULTI-STAKEHOLDER COMMUNITY PARTNERSHIPS, AND WORKFORCE DEVELOPMENT INITIATIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phillip Graham Board Member | Trustee | 1 | $0 |
Anuradha Rao-Patel Board Member | Trustee | 1 | $0 |
Nidhi Sachdeva Board Member | Trustee | 1 | $0 |
Matthew Sullivan Treasurer | OfficerTrustee | 1 | $0 |
Freida Macdonald Board Member | Trustee | 1 | $0 |
Patrice Cherry Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Keith Mccoy Dmh Grant Subcontractor | 6/29/22 | $143,735 |
Rebecca Patton Keen Cpa Professional Accounting Consulting Servi | 6/29/22 | $118,619 |
Campsight Strategies Llc Video Production Subcontractor | 6/29/22 | $101,250 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,504,025 |
| All other contributions, gifts, grants, and similar amounts not included above | $57,171 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,561,196 |
| Total Program Service Revenue | $110,195 |
| Investment income | $140 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,674,785 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $46,900 |
| Grants and other assistance to domestic individuals. | $364,644 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $183,560 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,152,465 |
| Pension plan accruals and contributions | $68,791 |
| Other employee benefits | $118,091 |
| Payroll taxes | $97,149 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $148,745 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $134,017 |
| Office expenses | $14,583 |
| Information technology | $9,804 |
| Royalties | $0 |
| Occupancy | $117,676 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,580 |
| Insurance | $5,403 |
| All other expenses | $41,303 |
| Total functional expenses | $3,527,088 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $270,217 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $813,059 |
| Accounts receivable, net | $0 |
| 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 | $45,620 |
| Net Land, buildings, and equipment | $15,786 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $718,766 |
| Total assets | $1,863,448 |
| Accounts payable and accrued expenses | $72,740 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $48,558 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $739,494 |
| Total liabilities | $860,792 |
| Net assets without donor restrictions | $994,363 |
| Net assets with donor restrictions | $8,293 |
| 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 | $1,863,448 |