PHILADELPHIA MENTAL HEALTH CLINIC INC

EIN: 231532882 501(c)(3) Mental Health

Philadelphia, PA

Total Revenue
$8,659,558
Total Expenses
$9,218,135
Total Assets
$406,916
Net Assets
$-1,731,240
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1953
Legal Domicile
PA
Principal Officer
KEREY PARNES
Phone
2157359379
Tax Period
2024-07-01 to 2025-06-30

PHILADELPHIA MENTAL HEALTH CLINIC INC, founded in 1953, is a community nonprofit in the Mental Health sector that reported $8.7M in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year.

Mission

THE PHILADELPHIA MENTAL HEALTH CENTER WAS FOUNDED BY DR. EDWARD K. PARNES 15 1953 AS A NON-PROFIT TO PROVIDE AFFORDABLE PROFESSIONAL MENTAL HEALTH SERVICES IN PHILADELPHIA.

Program Service Accomplishments

Program 1
Expenses: $8,022,009 Revenue: $8,659,558

AS PHMC FOCUSES ON TREATING CHILDREN WITH VARIOUS DIAGNOSES FROM ANXIETY AND DEPRESSION TO TRAUMA AND AUTISM, WE HAVE A ROBUST PROGRAM FOR SENIORS, DELIVERING SERVICES INTO NURSING HOMES AND...

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AS PHMC FOCUSES ON TREATING CHILDREN WITH VARIOUS DIAGNOSES FROM ANXIETY AND DEPRESSION TO TRAUMA AND AUTISM, WE HAVE A ROBUST PROGRAM FOR SENIORS, DELIVERING SERVICES INTO NURSING HOMES AND RESIDENTIAL SETTINGS. WE OFFER PSYCHOLOGICAL AND PSYCHIATRIC TESTING AND EVALUATION (INCLUDING A COMPREHENSIVE AUTISM EVALUATION), CHILDRENS SERVICES SUCH AS INTENSIVE BEHAVIORAL HEALTH SERVICES AND MOBILE MENTAL HEALTH FOR ADULTS. WE OFFER INDIVIDUAL, FAMILY AND MARRIAGE COUNSELING TO OUR PATIENTS. OUR NEWEST PROGRAM IS PEDIATRIC MEDICINE OFFERED TO CHILDREN IN SCHOOLS AND AT HOME. PHMC STAFF ARE HIGHLY QUALIFIED PROFESSIONALS AT THE MASTERS, DOCTORAL OR MD LEVEL, TRAINED TO PROVIDE SPECIALIZED CARE AT THE HIGHEST STANDARD. WE STRIVE FOR EXCELLENCE AS WE PARTNER WITH THE INDIVIDUALS AND FAMILIES WE SERVE.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $8,658,354
Investment Income $1,204
Other Revenue $0
TOTAL REVENUE $8,659,558

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,294,529
Fundraising Expenses $0
Program Expenses $8,022,009
Other Expenses $7,923,606
TOTAL EXPENSES $9,218,135

Year-over-Year Comparison

2024 2023 Change
Revenue $8,659,558 $9,739,322 -0.1%
Expenses $9,218,135 $9,735,264 -0.1%
Net Income $-558,577 $4,058 -138.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
4
Employees
N/A
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
3
$219,638
Total Directors
6
$219,638
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEREY PARNES CEO 37.50
Officer Director
$206,073 $13,565 $219,638
LISA ALEXOFF PRESIDENT 2.00
Officer Director
$0 $0 $0
TED WILLIS SECRETARY 2.00
Officer Director
$0 $0 $0
FRANK SMALL DIRECTOR 2.00
Director
$0 $0 $0
DAVID SEGAL DIRECTOR 2.00
Director
$0 $0 $0
TIMOTHY P O BRIEN DIRECTOR 2.00
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
2025 $8,659,558 $9,218,135 $406,916 $-558,577
2024 $9,739,322 $9,735,264 $468,627 $4,058
2023 $8,037,608 $9,021,687 $439,149 $-984,079
2022 $7,675,404 $8,061,910 $995,715 $-386,506
2021 $7,964,306 $7,860,467 $1,542,009 $103,839
2020 $7,951,686 $7,937,666 $1,061,162 $14,020
2019 $8,762,993 $8,996,653 $399,388 $-233,660
2018 $7,934,460 $8,409,635 $1,040,446 $-475,175
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