SOUTHLAKE COMMUNITY MENTAL HEALTH CENTER (EIN 351375696) - 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

1974

Legal Domicile

Principal Officer

LASHAUN WOODS

Phone

2197694005

Tax Period

2024-07-01 to 2025-06-30

SOUTHLAKE COMMUNITY MENTAL HEALTH CENTER, founded in 1974, is a mid-sized nonprofit in the Mental Health sector that reported $44.6M in total revenue in fiscal year 2024.

Mission

REGIONAL WORKS EXCLUSIVELY WITH INDIVIDUALS NEEDING MENTAL HEALTH CARE AND INTERVENTIONS FOR SUBSTANCE ABUSE, BY PROVIDING COMPREHENSIVE AND COMMUNITY BASED MENTAL HEALTH AND SUBSTANCE ABUSE TREATMENT FOR ADULTS, AND ADOLESCENTS.

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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 $20,745,085

Program Service Revenue $19,793,404

Investment Income $1,723,838

Other Revenue $2,366,871

TOTAL REVENUE $44,629,198

Expense Breakdown

Grants Paid $0

Salaries & Benefits $29,490,155

Fundraising Expenses $0

Program Expenses $38,743,765

Other Expenses $17,012,655

TOTAL EXPENSES $46,502,810

Year-over-Year Comparison

	2024	2023	Change
Revenue	$44,629,198	$45,733,889	0.0%
Expenses	$46,502,810	$44,686,402	+0.0%
Net Income	$-1,873,612	$1,047,487	-2.8%

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

502

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

$1,180,958

Total Directors

Key Employees

$192,050

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARLA HOUCK	CHAIR	0.50	Director	$0	$0	$0
LINDA JONAITIS	VICE CHAIR	0.50	Director	$0	$0	$0
DR AMY HAN	SECRETARY/TREASURER	0.50	Director	$0	$0	$0
CAROL DRASGA	BOARD MEMBER	0.50	Director	$0	$0	$0
GARY JOHNSON	BOARD MEMBER	0.50	Director	$0	$0	$0
DANIEL KLEIN	BOARD MEMBER	0.50	Director	$0	$0	$0
DANNY LACKEY	BOARD MEMBER	0.50	Director	$0	$0	$0
DONALD LEVINSON	BOARD MEMBER	0.50	Director	$0	$0	$0
JONATHAN PETERSEN	BOARD MEMBER	0.50	Director	$0	$0	$0
TERRY QUINN	BOARD MEMBER	0.50	Director	$0	$0	$0
RANDALL SHEPARD	BOARD MEMBER	0.50	Director	$0	$0	$0
MADRIEL TERRELL	BOARD MEMBER	0.50	Director	$0	$0	$0
THOMAS O'DONNELL	BOARD MEMBER PARTIAL TERM	0.50	Director	$0	$0	$0
KOBIE DOUGLAS	CHIEF MEDICAL OFFICER	40.00	Officer	$345,439	$66,917	$412,356
WILLIAM TROWBRIDGE	PRESIDENT/CEO	20.00	Officer	$311,696	$98,353	$410,049
LASHAUN WOODS	CHIEF FINANCIAL OFFICER	20.00	Officer	$0	$14,242	$148,697
SONIA MAGALLON	CHIEF OPERATING OFFICER	4.00	Officer	$0	$37,189	$209,856
ANGELA COMSA	VICE PRESIDENT/COO	40.00	Key Emp	$160,200	$31,850	$192,050
WARREN FOURNIER	PSYCHIATRIST	40.00	Highest	$305,811	$60,862	$366,673
JOSE RAMIREZ	PSYCHIATRIST	40.00	Highest	$310,065	$71,765	$381,830
PRAKASH VARGHESE	PSYCHIATRIST	40.00	Highest	$310,009	$63,813	$373,822
RUJUTA GANDHI	MEDICAL DIRECTOR	40.00	Highest	$278,655	$57,622	$336,277
JOON LEE	PSYCHIATRIST	40.00	Highest	$271,763	$61,413	$333,176

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	$44,629,198	$46,502,810	$65,812,116	$-1,873,612
2024	No data	No data	No data	No data
2023	$45,156,365	$42,199,893	$56,649,114	$2,956,472
2022	$44,064,968	$39,515,399	$51,931,619	$4,549,569
2021	$49,978,712	$39,945,339	$50,949,864	$10,033,373
2019	$41,644,273	$40,241,591	$65,520,839	$1,402,682
2018	$39,984,743	$40,489,821	$60,830,568	$-505,078

SOUTHLAKE COMMUNITY MENTAL HEALTH CENTER