Teen Challenge de Puerto Rico Inc

EIN: 660313822 501(c)(3) Youth Development

Bayamon, PR

Total Revenue
$4,307,969
Total Expenses
$2,044,830
Total Assets
$1,004,228
Net Assets
$-973,553
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
PR
Principal Officer
Rev Jose Martinez
Phone
7877306971
Tax Period
2023-01-01 to 2023-12-31

Teen Challenge de Puerto Rico Inc, founded in 1968, is a community nonprofit in the Youth Development sector that reported $4.3M in total revenue in fiscal year 2023. Revenue surged 114% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.3M, a strong 53% operating margin.

Mission

Teen Challenge de Puerto Rico is a Christian residential drug recovery program with a strong faith-based approach and offer spiritual, academic and vocational training that equips individuals to return to society as responsible citizens.

Program Service Accomplishments

Program 1
Expenses: $360,000 Revenue: $360,000

Legislative grant under Resolution #158 of July 10, 1996, assigned for operational expenses. The Organization has to submit quarterly and annual reports to the State Government to comply with the...

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Legislative grant under Resolution #158 of July 10, 1996, assigned for operational expenses. The Organization has to submit quarterly and annual reports to the State Government to comply with the grant requirements.

Program 2
Expenses: $266,000 Revenue: $266,000

Administration of corrections - Under a professional service contract of rehabilitation treatment of elegible convicts with drug addictions, the Administration disburses to the Organization a total...

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Administration of corrections - Under a professional service contract of rehabilitation treatment of elegible convicts with drug addictions, the Administration disburses to the Organization a total of twenty five dollars per day per convict. Under the contract, the Organization provides to each convict under its custody full time lodging in one of the Centers, three meals per day or a special diet as directed by medical order under the supervision of a certified nutricionist, opportunities for recreational activities, educational or vocational activities, prefessional therapeutic, psycological and social worker service and drug testing, among others.

Program 3
Expenses: $250,250 Revenue: $250,250

Municipal grants for operational expenses in connection with non-classified proffesional services related to Departamento de Reforestacion, Ornato y Embellecimiento. The Organization provides certain...

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Municipal grants for operational expenses in connection with non-classified proffesional services related to Departamento de Reforestacion, Ornato y Embellecimiento. The Organization provides certain services to the Municipalities as follows: cleaning and maintenance of green areas of the roads, painting of bridges, building and roads, pressure-cleaning of bridges, building and roads, and cleaning and maintenance of green areas of public school and other related services.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,247,059
Program Service Revenue $0
Investment Income $0
Other Revenue $3,060,910
TOTAL REVENUE $4,307,969

Expense Breakdown

Grants Paid $0
Salaries & Benefits $419,356
Fundraising Expenses $0
Program Expenses $1,213,197
Other Expenses $1,625,474
TOTAL EXPENSES $2,044,830

Year-over-Year Comparison

2023 2022 Change
Revenue $4,307,969 $2,016,838 +1.1%
Expenses $2,044,830 $2,087,723 0.0%
Net Income $2,263,139 $-70,885 -32.9%
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
10
Independent Members
10
Employees
19
Volunteers
6

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
3
$92,466
Total Directors
10
$92,466
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Rev Jose Martinez President/CEO 40.00
Officer Director
$31,666 $60,800 $92,466
Rev Ivan de la Torre Chairman 1.00
Director
$0 $0 $0
Lcda Carmen R Ramirez Secretary 1.00
Officer Director
$0 $0 $0
Rev Francisco Tolentino Treasurer/ Sub secretary 1.00
Officer Director
$0 $0 $0
Rev Luis Yavier Velez VocalVocal 1.00
Director
$0 $0 $0
Ing Luis E Pagan Vocal 1.00
Director
$0 $0 $0
Rev Jorge Abich Vocal 1.00
Director
$0 $0 $0
Pastor Benjamin Puente Vocal 1.00
Director
$0 $0 $0
Dra Maria de los Angeles Gonzalez Vocal 1.00
Director
$0 $0 $0
Jailene Cintron Vocal 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 $4,307,969 $2,044,830 $1,004,228 $2,263,139
2022 $2,016,838 $2,087,723 $2,579,265 $-70,885
2021 $1,784,974 $1,983,295 $2,735,182 $-198,321
2020 $9,419,634 $1,968,996 $3,135,833 $7,450,638
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