NEW LEAF BEHAVIORAL HEALTH

EIN: 320204218 501(c)(3) Mental Health

RALEIGH, NC

Total Revenue
$1,926,497
Total Expenses
$1,437,551
Total Assets
$2,877,151
Net Assets
$2,606,843
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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
NC
Phone
9197818370
Tax Period
2024-01-01 to 2024-12-31

NEW LEAF BEHAVIORAL HEALTH, founded in 2007, is a community nonprofit in the Mental Health sector that reported $1.9M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $489K, a strong 25% operating margin.

Mission

NEW LEAF BEHAVIORAL HEALTH BELIEVES QUALITY MENTAL HEALTH CARE SHOULD BE ACCESSIBLE TO ALL IN NEED IN OUR COMMUNITY. WE STRIVE TO MAKE THIS VISION A REALITY BY PROVIDING INNOVATIVE ACCESS TO CUTTING EDGE OUTPATIENT CLINICAL SERVICES.

Program Service Accomplishments

Program 1
Expenses: $569,104 Revenue: $848,680

OUR PROFESSIONAL COUNSELING PROGRAM OFFERS ESSENTIAL MENTAL HEALTH SERVICES TO THE COMMUNITY, SPECIFICALLY SERVING INDIVIDUALS WITH COMMERCIAL INSURANCE POLICIES. A KEY ASPECT OF OUR MISSION IS TO...

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OUR PROFESSIONAL COUNSELING PROGRAM OFFERS ESSENTIAL MENTAL HEALTH SERVICES TO THE COMMUNITY, SPECIFICALLY SERVING INDIVIDUALS WITH COMMERCIAL INSURANCE POLICIES. A KEY ASPECT OF OUR MISSION IS TO ENSURE EQUITABLE ACCESS TO CARE. THE PROGRAM FILLS A CRITICAL GAP IN THE LOCAL HEALTHCARE LANDSCAPE, OFFERING AN ESSENTIAL ALTERNATIVE TO THE MANY CASH-ONLY PRACTICES THAT ARE UNAFFORDABLE TO MOST. THIS SERVICE ENSURES THAT INDIVIDUALS CAN UTILIZE THEIR INSURANCE BENEFITS TO RECEIVE AFFORDABLE AND NECESSARY MENTAL HEALTH SUPPORT. IN 2024, THIS PROGRAM PROVIDED 7,394 SESSIONS.

Program 2
Expenses: $547,310 Revenue: $848,942

SERVICES FOR INDIVIDUALS WITH MEDICAID: OUR PROGRAM FOR MEDICAID RECIPIENTS PROVIDES HIGH-QUALITY MENTAL HEALTH SERVICES TO A POPULATION WHO HAVE LIMITED OPTIONS FOR HELP. FAMILIES WHO QUALIFY FOR...

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SERVICES FOR INDIVIDUALS WITH MEDICAID: OUR PROGRAM FOR MEDICAID RECIPIENTS PROVIDES HIGH-QUALITY MENTAL HEALTH SERVICES TO A POPULATION WHO HAVE LIMITED OPTIONS FOR HELP. FAMILIES WHO QUALIFY FOR MEDICAID ARE AT OR BELOW 200% OF THE FEDERAL POVERTY GUIDELINES AND WILL RECEIVE NO CHARGE FOR ANY OF THE SERVICES THEY RECEIVE. WE PROVIDED 7,114 SESSIONS LAST YEAR, HELPING A TOTAL OF 434 INDIVIDUALS & FAMILIES.

Program 3
Expenses: $63,106 Revenue: $61,300

REDUCED FEE PROGRAM: OUR REDUCED FEE PROGRAM PROVIDES FREE & LOW-FEE COUNSELING TO INDIVIDUALS WITHOUT INSURANCE OR WITH LIMITED INSURANCE BENEFITS TO PROVIDE AFFORDABLE TREATMENT. THIS PROGRAM...

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REDUCED FEE PROGRAM: OUR REDUCED FEE PROGRAM PROVIDES FREE & LOW-FEE COUNSELING TO INDIVIDUALS WITHOUT INSURANCE OR WITH LIMITED INSURANCE BENEFITS TO PROVIDE AFFORDABLE TREATMENT. THIS PROGRAM INCREASES ACCESS TO CARE FOR PEOPLE WHO ARENT ABLE TO GET HELP AMONG AVAILABLE GOVERNMENT AND COMMUNITY SUPPORT PROGRAMS. THIS YEAR WE PROVIDED 820 SESSIONS TO 61 PEOPLE WHO NEEDED SERVICES TAILORED TO MEET THEIR FINANCIAL NEEDS. 9 VOLUNTEER THERAPISTS SERVED IN THE RF PROGRAM AND IT WAS STAFFED 100% BY VOLUNTEERS.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $78,577
Program Service Revenue $1,758,922
Investment Income $88,998
Other Revenue $0
TOTAL REVENUE $1,926,497

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,252,790
Fundraising Expenses $10,018
Program Expenses $1,179,520
Other Expenses $184,761
TOTAL EXPENSES $1,437,551

Year-over-Year Comparison

2024 2023 Change
Revenue $1,926,497 $1,615,532 +0.2%
Expenses $1,437,551 $1,218,735 +0.2%
Net Income $488,946 $396,797 +0.2%
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
4
Independent Members
4
Employees
N/A
Volunteers
26

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
5
$200,351
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICK MALLOY EXECUTIVE DIRECTOR 65.00
Officer
$101,024 $0 $101,024
DAVA MUSERALLO CLINICAL DIRECTOR 65.00
Officer
$99,327 $0 $99,327
CAROLINE HOPE GRIFFITH BOARD MEMBER 2.00
Director
$0 $0 $0
STEPHANIE MARTIN BOARD CO-CHAIR 2.00
Officer
$0 $0 $0
TARUN MOHAN LAL BOARD CO-CHAIR 2.00
Officer
$0 $0 $0
BETH WELCH SECRETARY AND TREASURER 2.00
Officer
$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
2024 $1,926,497 $1,437,551 $2,877,151 $488,946
2023 $1,615,532 $1,218,735 $2,046,909 $396,797
2022 $1,478,221 $1,131,223 $1,659,387 $346,998
2021 $1,478,933 $930,221 $1,322,959 $548,712
2020 $1,015,333 $803,306 $902,268 $212,027
2019 $787,619 $682,271 $548,332 $105,348
2018 $733,871 $642,308 $439,746 $91,563
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