LONG ISLAND TEEN CHALLENGE INC

EIN: 113161238 501(c)(3) Mental Health

WEST BABYLON, NY

Total Revenue
$3,434,454
Total Expenses
$4,411,843
Total Assets
$5,449,820
Net Assets
$1,749,235
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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
NY
Principal Officer
PAUL MEAD
Phone
6313217070
Tax Period
2022-01-01 to 2022-12-31

LONG ISLAND TEEN CHALLENGE INC, founded in 1993, is a community nonprofit in the Mental Health sector that reported $3.4M in total revenue in fiscal year 2022. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $4.4M exceeded revenue, resulting in a 28% operating deficit.

Mission

LONG ISLAND TEEN CHALLENGE IS A FAITH BASED ORGANIZATION THAT IS DEDICATED TO SPREADING THE GOSPEL TO INDIVUDIALS WHO HAVE LIFE CONTROLLING ADDICTIONS ENABLING THEM TO BECOME PRODUCTIVE MEMBERS OF SOCIETY. THE ORGANIZATION HAS 5 LOCATIONS IN NEW YORK WITH THE CAPACITY OF HELPING 200+ MENAND WOMEN STRUGGLING WITH LIFE-CONTROLLING ISSUES.

Program Service Accomplishments

Program 1
Expenses: $3,771,251

RESIDENTIAL PROGRAM - VOLUNTARY STUDENTS ARE INSTILLED IN A THREE-PHASE RESIDENTIAL PROGRAM THAT INCLUDES THE FOLLOWING PHASES: 1) CRISIS PHASE - MEN AND WOMEN ENTER THE CRISIS HOME AND ARE ABLE TO...

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RESIDENTIAL PROGRAM - VOLUNTARY STUDENTS ARE INSTILLED IN A THREE-PHASE RESIDENTIAL PROGRAM THAT INCLUDES THE FOLLOWING PHASES: 1) CRISIS PHASE - MEN AND WOMEN ENTER THE CRISIS HOME AND ARE ABLE TO WITHDRAW FROM THEIR ADDICTIONS IN A SAFE, STRUCTURED, HEALING ENVIRONMENT. 2) INDUCTION PHASE - THESE RESIDENTS ARE INTRODUCED TO A CURRICULUM DESIGNED TO PROVIDE POWER TOOLS FOR A POSITIVE CHANGE IN THEIR LIVES. THEIR RESTORATION CONTINUES WITH TEEN CHALLENGE'S PERSONAL AND GROUP COUNSELING CURRICULUM. 3) TRAINING PHASE - ALONG WITH THE CURRICULUM AND COUNSELING, THE STUDENTS RECEIVE VOCATIONAL TRAINING THAT IS GEARED TO IMPART POSITIVE CHARACTER AND SUCCESS AS THEY RETURN BACK TO SOCIETY.

Program 2

TC FURNITURE IS A RETAILER OF NEW AND USED FURNITURE AND HOME GOODS. TC FURNITURE PROVIDES STUDENTS WITH A VOCATIONAL SKILL IN SALES AND CUSTOMER SERVICE. HERE THE STUDENTS LEARN RESPONSIBILITY, ON...

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TC FURNITURE IS A RETAILER OF NEW AND USED FURNITURE AND HOME GOODS. TC FURNITURE PROVIDES STUDENTS WITH A VOCATIONAL SKILL IN SALES AND CUSTOMER SERVICE. HERE THE STUDENTS LEARN RESPONSIBILITY, ON THE JOB TRAINING, AND A PROPER WORK ETHIC. THIS PROGRAM ALSO ACTS AS A "TRAINING PHASE" FOR THE STUDENTS ATTENDING LONG ISLAND TEEN CHALLENGE.

Program 3

BLESSINGDALES IS A THRIFT AND CONVENIENCE STORE WHICH PROVIDES STUDENTS A TRAINING GROUND WHERE THEY CAN LEARN RESPONSIBILITY, MANAGEMENT SKILLS, CUSTOMER SERVICE AND PROPER WORK ETHIC. THIS IS ONE...

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BLESSINGDALES IS A THRIFT AND CONVENIENCE STORE WHICH PROVIDES STUDENTS A TRAINING GROUND WHERE THEY CAN LEARN RESPONSIBILITY, MANAGEMENT SKILLS, CUSTOMER SERVICE AND PROPER WORK ETHIC. THIS IS ONE OF THE PROGRAMS THAT ACT AS THE "TRAINING PHASE" FOR THE STUDENTS ATTENDING LONG ISLAND TEEN CHALLENGE.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $764,062
Program Service Revenue $65,305
Investment Income $25,292
Other Revenue $2,579,795
TOTAL REVENUE $3,434,454

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,816,529
Fundraising Expenses $197,422
Program Expenses $3,771,251
Other Expenses $1,595,314
TOTAL EXPENSES $4,411,843

Year-over-Year Comparison

2022 2021 Change
Revenue $3,434,454 $5,146,588 -0.3%
Expenses $4,411,843 $3,975,091 +0.1%
Net Income $-977,389 $1,171,497 -1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
104
Volunteers
10

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$83,354
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL MEAD CEO/PRESIDEN 40.00
Officer
$83,354 $0 $83,354
LUIS ALAYON TREASURER 3.50
Officer Director
$0 $0 $0
HENRI DENNIS TRUSTEE 3.50
Director
$0 $0 $0
ERNEST FINK TRUSTEE 3.50
Director
$0 $0 $0
LOU GIORDANO TREASURER 3.50
Director
$0 $0 $0
EDWARD HARBES TRUSTEE 3.50
Director
$0 $0 $0
WILSON JOSE CHAIRMAN 3.50
Officer Director
$0 $0 $0
PATRICK MEDEIROS TRUSTEE 3.50
Director
$0 $0 $0
SCOTT SCHNEIDER SECRETARY 3.50
Officer Director
$0 $0 $0
DR ALAN TOLES TRUSTEE 3.50
Director
$0 $0 $0
BERNARD TOMLIN TRUSTEE 3.50
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2022 $3,434,454 $4,411,843 $5,449,820 $-977,389
2021 $5,146,588 $3,975,091 $6,547,381 $1,171,497
2020 $3,721,624 $3,709,126 $4,971,085 $12,498
2019 $4,478,363 $4,713,616 $5,017,753 $-235,253
2018 $6,030,676 $5,900,256 $3,740,415 $130,420
2017 $5,645,691 $5,263,581 $3,673,823 $382,110
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