Teen Health Connection Inc

EIN: 561719715 501(c)(3) Health Care

Charlotte, NC

Total Revenue
$3,054,520
Total Expenses
$2,819,304
Total Assets
$3,825,479
Net Assets
$2,584,398
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
NC
Principal Officer
Libby Safrit
Phone
7043818336
Tax Period
2023-01-01 to 2023-12-31

Teen Health Connection Inc, founded in 1990, is a community nonprofit in the Health Care sector that reported $3.1M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $2.8M left a modest 8% surplus.

Mission

To improve the health of adolescents by providing adolescent medicine and behavioral health services, education, advocacy, leadership development and research through connections among adolescents, parents, and the community.

Program Service Accomplishments

Program 1
Expenses: $1,062,360 Revenue: $113,040

Teen Health Connection's doctoral-level clinical psychologists provide Independent Psychological Assessments (IPAs)for children ages five to eighteen who enter into the custody of Mecklenburg County...

Read more

Teen Health Connection's doctoral-level clinical psychologists provide Independent Psychological Assessments (IPAs)for children ages five to eighteen who enter into the custody of Mecklenburg County Department of Social Services, Youth and FamilyServices (DSS/YFS). The purpose of these service-independent assessments is to provide a thorough psychosocial review and inform DSS/YFS as they ensure safety and work to promote healing and optimal development of youth who have been abused and/or neglected.

Program 2
Expenses: $785,843 Revenue: $1,091,025

Teen Health Connection employs a team of Master's-level trained clinicians that provide outpatient mental health therapy to adolescents and their families. All of the clinicians are licensed mental...

Read more

Teen Health Connection employs a team of Master's-level trained clinicians that provide outpatient mental health therapy to adolescents and their families. All of the clinicians are licensed mental health professionals that specialize in adolescent development and utilize a variety of creative techniques to build engagement with teens.

Program 3
Expenses: $639,501 Revenue: $26,225

The organization provides health advocacy and education services to teens in Mecklenburg County and also hosts education seminars on these same issues. In 2023, Teen Health Connection continued work...

Read more

The organization provides health advocacy and education services to teens in Mecklenburg County and also hosts education seminars on these same issues. In 2023, Teen Health Connection continued work with its Youth Drug Free Coalition,which provides direction related to our alcohol and substance abuse prevention and education initiatives. Community leaders within the coalition work collaboratively to identify and address youth alcohol and substance use to create sustainable community-level change through prevention strategies. The Youth Drug Free Coalition consists of representatives from the following sectors: youth, parents, business leaders, media, school representatives, representatives from youth-servingorganizations, law enforcement officers, healthcare professionals and civic and governmental partners.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,813,418
Program Service Revenue $1,230,290
Investment Income $-54,752
Other Revenue $65,564
TOTAL REVENUE $3,054,520

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,821,149
Fundraising Expenses $170,583
Program Expenses $2,487,704
Other Expenses $998,155
TOTAL EXPENSES $2,819,304

Year-over-Year Comparison

2023 2022 Change
Revenue $3,054,520 $2,668,788 +0.1%
Expenses $2,819,304 $2,612,555 +0.1%
Net Income $235,216 $56,233 +3.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
15
Independent Members
15
Employees
N/A
Volunteers
76

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
$152,585
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Libby Safrit Executive Dir. 40.00
Officer
$152,429 $156 $152,585
Jennifer Thomas Psychologist 40.00
$122,054 $22,043 $144,097
Andrea Cochran Psychologist 40.00
$123,892 $9,820 $133,712
Jenny Kolker Psychologist 40.00
$104,834 $28,115 $132,949
Megan Sutsko Psychologist 40.00
$116,392 $9,225 $125,617
Maureen Karhut President 3.00
Officer Director
$0 $0 $0
Ryan Kilmer Secretary 1.00
Officer Director
$0 $0 $0
Tracie Mullins Director 1.00
Director
$0 $0 $0
Joann Spaleta Director 1.25
Director
$0 $0 $0
Todd Paris Director 1.00
Director
$0 $0 $0
Steven Valder Director 1.25
Director
$0 $0 $0
Nichole Ramsdell Director 0.75
Director
$0 $0 $0
Michelle Reese Vice President 1.50
Officer Director
$0 $0 $0
Jon Myers Director 0.50
Director
$0 $0 $0
Rich Bovard Treasurer 0.75
Officer Director
$0 $0 $0
Shaun Caldwell Director 0.50
Director
$0 $0 $0
J Corbin DiMeglio Director 0.75
Director
$0 $0 $0
Brian Grainger Director 1.00
Director
$0 $0 $0
Ankedra Reynolds Director 1.00
Director
$0 $0 $0
Kristin Washam Director 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
2024 No data No data No data No data
2023 $3,054,520 $2,819,304 $3,825,479 $235,216
2022 $2,668,788 $2,612,555 $2,772,885 $56,233
2021 $2,300,384 $2,310,422 $3,024,941 $-10,038
2020 $2,548,992 $1,686,290 $2,544,272 $862,702
2019 $2,099,518 $2,225,001 $2,083,898 $-125,483
2018 $2,189,065 $2,318,412 $2,079,779 $-129,347
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Teen Health Connection Inc with other nonprofits in North Carolina and across the country.