The Teen Project Inc

EIN: 300421837 501(c)(3) Human Services

Sun Valley, CA

Total Revenue
$10,224,016
Total Expenses
$10,724,838
Total Assets
$14,816,539
Net Assets
$6,910,437
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
CA
Principal Officer
Lauri L Burns
Phone
9492831260
Tax Period
2022-07-01 to 2023-06-30

The Teen Project Inc, founded in 2007, is a mid-sized nonprofit in the Human Services sector that reported $10.2M in total revenue in fiscal year 2022.

Mission

The Teen Project, Inc. was founded in 2007 and is privately funded non-profit California corporation. It provides housing, education, sober living and mentoring to youth ages 18 to 24 (transitional age youth). See Schedule O for further details.

Program Service Accomplishments

Program 1
Expenses: $6,563,214

Freehab - this program services prior foster, trafficked, incarcerated, and addicted young homeless young women (18 - 35). Freehab is a 74 bed licensed drug treatment rehabilitation center with...

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Freehab - this program services prior foster, trafficked, incarcerated, and addicted young homeless young women (18 - 35). Freehab is a 74 bed licensed drug treatment rehabilitation center with onsite vocational school. In addition, Freehab has onsite transitional housing with 11 beds. Freehab is a one-stop life transformation center for homeless, trafficked, and previously incarcerated young women. Freehab also houses an additional 16 beds designated for Crisis Residential Treatment (CRTP).

Program 2
Expenses: $3,022,803

Veras Sanctuary is the only licensed residential drug treatment site in Orange County dedicated to victims of human trafficking. Vera's Sanctuary's residential treatment drug treatment ASAM levels...

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Veras Sanctuary is the only licensed residential drug treatment site in Orange County dedicated to victims of human trafficking. Vera's Sanctuary's residential treatment drug treatment ASAM levels 3.1, 3.3 and 3.5 and social model detox services to prior foster youth and pregnant young women lacking family support who has been victims of human trafficking and are 18-26 years old. VSW also administers a Short Term Residential Treatment Program (STRTP).

Program 3
Expenses: $839,778

Lake Forest Sober College House - free room and board and full life support for homeless and prior foster young women interested in pursuing in higher education. This is a two year program in a...

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Lake Forest Sober College House - free room and board and full life support for homeless and prior foster young women interested in pursuing in higher education. This is a two year program in a beautiful home in a family neighborhood. The young women in our program are in college or trade schools, they have paid internships in their field, an automobile attainment program and savings for life program. In addition, there is an Outpatient component to the services provided in the area.

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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 (2022)

Revenue Breakdown

Contributions & Grants $9,187,627
Program Service Revenue $98,248
Investment Income $692
Other Revenue $937,449
TOTAL REVENUE $10,224,016

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,456,194
Fundraising Expenses $104,218
Program Expenses $10,425,795
Other Expenses $4,220,644
TOTAL EXPENSES $10,724,838

Year-over-Year Comparison

2022 2021 Change
Revenue $10,224,016 $10,544,756 0.0%
Expenses $10,724,838 $8,771,882 +0.2%
Net Income $-500,822 $1,772,874 -1.3%
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
5
Independent Members
4
Employees
131
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
$248,016
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lauri L Burns CEO 40.00
Officer
$224,821 $23,195 $248,016
Bert Paras COO 40.00
$181,456 $21,274 $202,730
Anasheh Safarian Dir. of Operations 40.00
$167,314 $8,428 $175,742
Nicole Negrete Progam Director 40.00
$109,616 $6,363 $115,979
Jeffery K Rubenstein President 2.00
Officer Director
$0 $0 $0
Darren P Calbay Treasurer 2.00
Officer Director
$0 $0 $0
Rochelle Price Secretary 2.00
Officer Director
$0 $0 $0
Jame Joseph Leyritz 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 No data No data No data No data
2024 No data No data No data No data
2023 $10,224,016 $10,724,838 $14,816,539 $-500,822
2023 $10,796,558 $11,315,477 $14,275,986 $-518,919
2022 $10,544,756 $8,771,882 $14,234,105 $1,772,874
2021 $8,501,192 $7,474,450 $10,661,699 $1,026,742
2021 $8,527,202 $7,415,063 $10,781,254 $1,112,139
2020 $6,316,824 $5,404,884 $9,374,241 $911,940
2020 $6,175,840 $5,463,130 $9,309,549 $712,710
2019 $6,566,965 $4,178,885 $8,098,123 $2,388,080
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