PREFERRED BEHAVIORAL HEALTH OF NJ INC (EIN 222196988) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1978

Legal Domicile

Principal Officer

DR TARA CHALAKANI

Phone

7324581700

Tax Period

2024-07-01 to 2025-06-30

PREFERRED BEHAVIORAL HEALTH OF NJ INC, founded in 1978, is a mid-sized nonprofit in the Mental Health sector that reported $36.1M in total revenue in fiscal year 2024.

Mission

TO DELIVER QUALITY AND COMPASSIONATE BEHAVIORAL HEALTH SERVICES TO INDIVIDUALS AND FAMILIES ALL THE TIME THROUGH A TRAUMA INFORMED CARE PHILOSOPHY AND APPROACH.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $21,980,280

Program Service Revenue $13,016,176

Investment Income $499,933

Other Revenue $574,156

TOTAL REVENUE $36,070,545

Expense Breakdown

Grants Paid $0

Salaries & Benefits $28,990,076

Fundraising Expenses $0

Program Expenses $31,985,256

Other Expenses $7,917,260

TOTAL EXPENSES $36,907,336

Year-over-Year Comparison

	2024	2023	Change
Revenue	$36,070,545	$33,827,425	+0.1%
Expenses	$36,907,336	$34,414,626	+0.1%
Net Income	$-836,791	$-587,201	+0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

527

Volunteers

N/A

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

$1,297,789

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES MELITA	TRUSTEE	2.00	Director	$0	$0	$0
CRAIG COLEMAN	TRUSTEE	2.00	Director	$0	$0	$0
DAVID SALEWSKI	TRUSTEE	2.00	Director	$0	$0	$0
DERRY HOLLAND	TRUSTEE	2.00	Director	$0	$0	$0
JOHN P MALDJIAN ESQ	VICE CHAIR	2.00	Director	$0	$0	$0
BENJAMIN WALDRON	TRUSTEE	2.00	Director	$0	$0	$0
SUZANNE CORSON	TRUSTEE	2.00	Director	$0	$0	$0
MICHAEL J KOKES	TRUSTEE	2.00	Director	$0	$0	$0
LYNN MAURER	TRUSTEE	2.00	Director	$0	$0	$0
PHILIP K BEACHEM	TRUSTEE	2.00	Director	$0	$0	$0
RANDY J MINNIEAR	CHAIR	2.00	Director	$0	$0	$0
STEPHEN TRIMBOLI ESQ	TRUSTEE	2.00	Director	$0	$0	$0
PHYLLIS ALONGI PHD	SECRETARY	2.00	Director	$0	$0	$0
SUZANNE PARCHMENT	TRUSTEE	2.00	Director	$0	$0	$0
TARA CHALAKANI PSYD	CHIEF EXECUTIVE OFFICER	35.00	Officer	$265,660	$6,719	$272,379
PETER KISYLIA	CHIEF FINANCIAL OFFICER	40.00	Officer	$186,759	$21,109	$207,868
JULIA VANORE	CHIEF OPERATING OFFICER	35.00	Officer	$150,856	$27,839	$178,695
VALERIE ORTENSE	VP STRATEGIC DEVELOP	35.00	Officer	$101,112	$12,245	$113,357
LAURA MESSINA	VP OF ADULT SERVICES	35.00	Officer	$186,025	$32,996	$219,021
SANDRA GREBEL	VP OF CHILDREN & FAMILIES	35.00	Officer	$160,651	$15,431	$176,082
MICHELLE HAGUE	VP OF CLINICAL OPERATIONS	35.00	Officer	$127,017	$3,370	$130,387
JAMES MARTIN	APN	40.00	Highest	$151,492	$7,004	$158,496
LINDA LESPINASSE	APN	40.00	Highest	$148,695	$2,884	$151,579
KATHRYN SPENCER	APN	40.00	Highest	$143,966	$14,964	$158,930
ALISON GRIFFIN	APN	35.00	Highest	$156,608	$3,044	$159,652
VASTY KUM	APN	40.00	Highest	$148,785	$2,884	$151,669
GRACE M HANLON	TRUSTEE	2.00		$0	$0	$0
SANDRA LAZARO	TRUSTEE	2.00		$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
2025	$36,070,545	$36,907,336	$21,957,550	$-836,791
2024	No data	No data	No data	No data
2023	$29,621,174	$30,563,540	$21,678,606	$-942,366
2022	$31,900,015	$29,744,061	$18,008,343	$2,155,954
2021	$28,568,697	$27,708,149	$16,122,392	$860,548
2020	$26,694,754	$28,110,845	$11,428,639	$-1,416,091
2019	$26,457,866	$26,608,141	$10,678,225	$-150,275
2018	$25,601,487	$25,416,453	$10,066,007	$185,034

PREFERRED BEHAVIORAL HEALTH OF NJ INC