NORTHEAST TREATMENT CENTERS INC (EIN 231728478) - 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

1970

Legal Domicile

Principal Officer

REGAN KELLY

Phone

2154517000

Tax Period

2022-07-01 to 2023-06-30

NORTHEAST TREATMENT CENTERS INC, founded in 1970, is a mid-sized nonprofit in the Mental Health sector that reported $50.3M in total revenue in fiscal year 2022. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $45.2M left a modest 10% surplus.

Mission

PROVIDE COMPASSIONATE CARE TO HELP INDIVIDUALS AND FAMILIES HEAL, RECOVER, AND REBUILD THEIR LIVES

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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 (2022)

Revenue Breakdown

Contributions & Grants $10,901,371

Program Service Revenue $28,337,272

Investment Income $10,847,244

Other Revenue $216,879

TOTAL REVENUE $50,302,766

Expense Breakdown

Grants Paid $0

Salaries & Benefits $24,396,822

Fundraising Expenses $0

Program Expenses $31,962,584

Other Expenses $20,797,523

TOTAL EXPENSES $45,194,345

Year-over-Year Comparison

	2022	2021	Change
Revenue	$50,302,766	$43,635,746	+0.2%
Expenses	$45,194,345	$42,790,276	+0.1%
Net Income	$5,108,421	$845,470	+5.0%

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

577

Volunteers

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

$603,437

Total Directors

$436,310

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TRACY BLATT	DOCTOR	40.00	Highest	$520,303	$14,845	$535,148
REGAN KELLY	PRESIDENT/CEO	39.00	Officer Director	$412,500	$23,810	$436,310
JAMES STRAUSS	CFO (UNTIL 08/22)	39.00	Officer	$153,930	$13,197	$167,127
CHUCK KENNEDY	CFO (FROM 01/23)	39.00	Officer	$0	$0	$0
DEAN DENNIS	DOCTOR	40.00	Highest	$227,838	$17,916	$245,754
JEANNE LEHRER	VICE PRESIDENT	40.00	Highest	$147,970	$25,867	$173,837
EBONEY KRAISORAPHONG	COO	40.00	Highest	$185,720	$23,280	$209,000
ANDREW SATHER	CIO	40.00	Highest	$179,800	$8,873	$188,673
WILLIAM G SMITH	CHAIRMAN OF THE BOARD	1.00	Officer Director	$0	$0	$0
MICHAEL D SCALES	VICE CHAIRMAN OF THE BOARD	1.00	Officer Director	$0	$0	$0
LUCIA B WILLIAMS	SECRETARY	1.00	Officer Director	$0	$0	$0
REBECCA FARRINGTON	TREASURER	1.00	Officer Director	$0	$0	$0
JAMES JUNIKIEWICZ	BOARD MEMBER	1.00	Director	$0	$0	$0
LAURA MCGRATH	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID S OWENS JR	BOARD MEMBER	1.00	Director	$0	$0	$0
DENISE RAY-SHIELDS PHD	BOARD MEMBER	1.00	Director	$0	$0	$0
SHELLEY R SYLVA ESQ	BOARD MEMBER	1.00	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
2023	$49,978,724	$44,244,187	$42,650,078	$5,734,537
2023	$50,302,766	$45,194,345	$37,728,343	$5,108,421
2022	$43,635,746	$42,790,276	$34,947,792	$845,470
2021	$43,098,585	$41,862,601	$32,576,263	$1,235,984
2020	$44,235,091	$44,564,297	$29,799,758	$-329,206
2019	$46,371,152	$45,204,085	$29,751,536	$1,167,067
2018	$46,043,230	$44,149,536	$28,871,211	$1,893,694

NORTHEAST TREATMENT CENTERS INC