GREATER PIEDMONT CHALLENGE TEEN CHALLENGE INC

EIN: 561153323 501(c)(3) Mental Health

GREENSBORO, NC

Total Revenue
$795,033
Total Expenses
$829,279
Total Assets
$503,105
Net Assets
$503,105
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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
1975
Legal Domicile
NC
Principal Officer
GEORGE PALMER
Phone
3362927795
Tax Period
2024-05-01 to 2025-04-30

GREATER PIEDMONT CHALLENGE TEEN CHALLENGE INC, founded in 1975, is a small nonprofit in the Mental Health sector that reported $795K in total revenue in fiscal year 2024.

Mission

TO PROVIDE SHELTER AND ASSISTANCE FOR MEN 18 AND OLDER WHO HAVE EXPERIENCED DRUG AND ALCOHOL PROBLEMS.

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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 $544,833
Program Service Revenue $66,711
Investment Income $-38,066
Other Revenue $221,555
TOTAL REVENUE $795,033

Expense Breakdown

Grants Paid $671
Salaries & Benefits $556,066
Fundraising Expenses $22,405
Program Expenses $568,204
Other Expenses $272,542
TOTAL EXPENSES $829,279

Year-over-Year Comparison

2024 2023 Change
Revenue $795,033 $814,396 0.0%
Expenses $829,279 $814,153 +0.0%
Net Income $-34,246 $243 -141.9%
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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Governance

Voting Members
19
Independent Members
18
Employees
20
Volunteers
25

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
$90,380
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT HARMAN EXECUTIVE DI 40.00
Officer
$83,880 $6,500 $90,380
V MAC BALDWIN DIRECTOR 0.50
Director
$0 $0 $0
JIM BISHOP PRESIDENT 1.50
Director
$0 $0 $0
KEVIN BREKKA VICE PRESIDE 1.50
Director
$0 $0 $0
RAWSON CARLIN DIRECTOR 0.50
Director
$0 $0 $0
TRAVIS COOKE DIRECTOR 0.50
Director
$0 $0 $0
EUGENE DICKEY SECRETARY 1.50
Director
$0 $0 $0
JAMES DODD DIRECTOR 0.50
Director
$0 $0 $0
CRAIG FIELDS DIRECTOR 0.50
Director
$0 $0 $0
EDGAR FORD DIRECTOR 0.50
Director
$0 $0 $0
MICHAEL HALE DIRECTOR 0.50
Director
$0 $0 $0
DAN HELLWARTH DIRECTOR 0.50
Director
$0 $0 $0
WESLEY IBAZEBO DIRECTOR 0.50
Director
$0 $0 $0
GEORGE PALMER TREASURER 1.50
Director
$0 $0 $0
DONNIE PITTS DIRECTOR 0.50
Director
$0 $0 $0
BRYAN RAINBOW DIRECTOR 0.50
Director
$0 $0 $0
PHIL SHU DIRECTOR 0.50
Director
$0 $0 $0
LARRY TYRELL DIRECTOR 0.50
Director
$0 $0 $0
KEVIN WAEGERLE DIRECTOR 0.50
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 $795,033 $829,279 $503,105 $-34,246
2024 $814,396 $814,153 $537,351 $243
2023 $702,217 $716,120 $537,108 $-13,903
2022 $726,335 $672,095 $551,011 $54,240
2021 $724,047 $600,193 $501,736 $123,854
2020 $510,067 $647,082 $480,180 $-137,015
2019 $549,080 $642,440 $510,644 $-93,360
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