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Mental Health & Crisis Intervention (F20M) 990 on File

GOVERNORS INSTITUTE

EIN: 56-1735937 · RALEIGH, NC 27606-4275 · United States · FY 2024 Data
3 out of 5 56 / 100 Based on 2+ years of filings
Financial strength (30%) 81/100
Reliability (20%) 55/100
Effectiveness (25%) 81/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$3.3M
Total Revenue
$3.1M
Total Expenses
$1.2M
Net Assets
19
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 80.7%
Fundraising Efficiency N/A
Operating Reserve 4.48x
Liability-to-Asset 39.9%
Revenue Diversification 96.5%
Executive Compensation $184K
Compared with Peers
FY 2024
Compared with 1,319 similar organizations (United States, Mental Health & Crisis Intervention, $1M–$10M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
80.7% 85.0%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
19.3% 12.5%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
4.5 mo 6.2 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
39.9% 22.8%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
96.5% 92.0%
P10P90
Below median
Revenue growth
Year over year revenue growth
-11.2% 8.3%
P10P90
Expense growth
Year over year expense growth
-11.9% 9.1%
P10P90
Surplus margin
Surplus as a share of revenue
4.8% 1.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $3.3M $3.1M $1.2M 80.7% 19
2023 $3.7M $3.5M $1.0M 83.0% 21
2022 $3.4M $3.2M $855K 83.2% 21
2021 $3.1M $3.1M N/A — 21
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Organization Details
EIN
56-1735937
State
NC
City
RALEIGH
ZIP
27606-4275
Classification
F20M
Category
Mental Health & Crisis Intervention
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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