Skip to the page content
Your donations
Passes our checks

William J Gould Associates Inc

EIN 04-2134819 · Monterey, MA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair58 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

GOULD FARM IS A THERAPEUTIC COMMUNITY THAT PROMOTES RECOVERY FOR PEOPLE WITH MENTAL HEALTH AND RELATED CHALLENGES THROUGH MEANINGFUL WORK, COMMUNITY LIVING, AND CLINICAL CARE.

Income
$6.0 million
Spending
$6.2 million
Spent on programs
89%
Reserves
-0.3 months of spending
Largest source of income
fees for its services, 77%
Employees
101
Volunteers
40
Highest pay
$144,876, executive director

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 58 out of 100.

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    20 of 20

    It owes 15% of what it owns.

  • Living within its means

    8 of 15

    Spending exceeded income by 3% of income.

  • Income trend

    15 of 15

    Income rose 7% on the year before.

  • Spending floor

    15 of 15

    89% of spending went to programs and raising each dollar of donations cost 26 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100.

  • Independent board

    25 of 25

    13 of 13 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $5.5 million spent. SEE SCHEDULE OGOULD FARM, FOUNDED IN 1913, IS A RESIDENTIAL THERAPEUTIC COMMUNITY DEDICATED TO HELPING ADULTS WITH MENTAL HEALTH AND RELATED CHALLENGES MOVE TOWARD RECOVERY AND INDEPENDENCE THROUGH COMMUNITY LIVING, MEANINGFUL WORK, AND CLINICAL CARE. WE REFER TO OUR RESIDENTS AS "GUESTS AND WELCOME THEM INTO A SUPPORTIVE COMMUNITY ENVIRONMENT MADE UP OF STAFF AND THEIR FAMILIES, MOST OF WHOM LIVE ON THE 700-ACRE CAMPUS. WE HELP ADULTS WITH DEPRESSION, BIPOLAR DISORDER, SCHIZOAFFECTIVE DISORDER, SCHIZOPHRENIA AND OTHER CHALLENGES REBUILD AND REGAIN THEIR LIVES. GOULD FARM OFFERS A FULL CONTINUUM OF SERVICES THAT INCLUDES INDIVIDUAL AND GROUP THERAPY, WORK THERAPY AND COMMUNITY RE-INTEGRATION SUPPORT. PROGRAMS IN BOTH BOSTON AND THE BERKSHIRES PROVIDE TRANSITIONAL SUPPORT FOR GUESTS READY TO LIVE MORE INDEPENDENTLY. VOCATIONAL COUNSELING IS AVAILABLE FOR THOSE PREPARING TO RETURN TO SCHOOL OR WORK. ACCOMPLISHMENTS THIS YEAR INCLUDED PROVIDING INTEGRATED TREATMENT TO 86 UNDUPLICATED PEOPLE INCLUDING 59 PEOPLE IN MONTEREY, MA AT THE FARM, 27 PEOPLE IN BOTH OUR RESIDENTIAL AND NON-RESIDENTIAL PROGRAMS AT FELLSIDE OUR BOSTON TRANSITION PROGRAM. IN ADDITION, WE COMPLETED EXTENSIVE RENOVATIONS OF THE MCKEE GUEST RESIDENCE. WE LAUNCHED THE QUIET PHASE OF AN ENDOWMENT AND CAPITAL CAMPAIGN. WE EXPANDED OUR WELLNESS PROGRAMMING TO INCLUDE INDIVIDUAL AND GROUP NUTRITION AND FITNESS EDUCATION AND SUPPORT.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since November 1935.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.