BLUESTONE CHILD AND ADOLESCENT PSYCHIATRIC HOSPITAL

EIN: 834569993 501(c)(3) Mental Health

SHAKER HEIGHTS, OH

Total Revenue
$6,236,787
Total Expenses
$5,545,152
Total Assets
$2,876,222
Net Assets
$2,343,427
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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
2019
Legal Domicile
OH
Principal Officer
JEFFREY LOX
Phone
2169322800
Tax Period
2024-07-01 to 2025-06-30

BLUESTONE CHILD AND ADOLESCENT PSYCHIATRIC HOSPITAL, founded in 2019, is a community nonprofit in the Mental Health sector that reported $6.2M in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $5.5M left a modest 11% surplus.

Mission

THE SOLE MISSION OF BLUESTONE IS TO PROVIDE CRITICAL MENTAL HEALTH SERVICES TO YOUTH IN CRISIS. ALL STAFF AND PROGRAMS ARE DESIGNED TO SUPPORT THAT MISSION. SERVICES WILL BE REIMBURSED, PRIMARILY, THROUGH BILLING PRIVATE INSURANCE AND MEDICAID, BUT BLUESTONE IS COMMITTED TO PROVIDING SERVICES TO PERSONS REGARDLESS OF THEIR ABILITY TO PAY OR TO SATISFY RELATED FINANCIAL OBLIGATIONS. CHARITY CARE WILL BE AVAILABLE, PER BLUESTONE'S FINANCIAL ASSISTANCE POLICY, FOR THOSE WHO ARE AT OR NEAR THE FEDERAL POVERTY LEVEL.

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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 $1,057,057
Program Service Revenue $5,179,730
Investment Income $0
Other Revenue $0
TOTAL REVENUE $6,236,787

Expense Breakdown

Grants Paid $3,877
Salaries & Benefits $3,063,347
Fundraising Expenses $0
Program Expenses $5,396,689
Other Expenses $2,477,928
TOTAL EXPENSES $5,545,152

Year-over-Year Comparison

2024 2023 Change
Revenue $6,236,787 $8,064,781 -0.2%
Expenses $5,545,152 $4,774,286 +0.2%
Net Income $691,635 $3,290,495 -0.8%
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

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Governance

Voting Members
7
Independent Members
4
Employees
66
Volunteers
4

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
$1,811,935
Total Directors
8
$1,608,628
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADAM JACOBS CHAIR/PRESIDENT (UNTIL 1/10/25) 1.00
Officer Director
$0 $212,558 $794,616
JEFF LOX CHAIR/PRESIDENT (AS OF 1/11/25) 1.00
Officer Director
$0 $184,297 $449,485
RACHEAL FULLER SECRETARY/DIRECTOR-AT-LARGE 1.00
Officer Director
$0 $659 $87,077
SCOTT MOORE TREASURER/CFO/DIRECTOR-AT-LARGE 1.00
Officer Director
$0 $26,445 $277,450
ALLIE EFFRON DIRECTOR-AT-LARGE 1.00
Director
$0 $0 $0
ANDREW HERTZ DIRECTOR-AT-LARGE 1.00
Director
$0 $0 $0
MARCY SCHWARTZ DIRECTOR-AT-LARGE 1.00
Director
$0 $0 $0
SANDRA WULIGER DIRECTOR-AT-LARGE 1.00
Director
$0 $0 $0
PAM BUDAK EXECUTIVE DIRECTOR 40.00
Officer
$0 $56,828 $203,307
LEIGH HALL DIR. OF RISK MGMT & GEN. COUNSEL 1.00
Highest
$0 $138,260 $358,875
PETER CORPUS PSYCHIATRIST 40.00
Highest
$339,803 $130 $339,933
DIANA HARRISON CHIEF HUMAN RESOURCES OFFICER 1.00
Highest
$0 $44,577 $220,375
BETH COHEN POLLACK CHIEF ADVANCEMENT OFFICER 1.00
Highest
$0 $69,956 $280,777
CHRISTOPHER CLANCY CHIEF INFORMATION OFFICER 1.00
Highest
$0 $88,657 $334,428
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 $6,236,787 $5,545,152 $2,876,222 $691,635
2024 $8,064,781 $4,774,286 $3,484,471 $3,290,495
2023 $2,409,902 $3,828,856 $551,752 $-1,418,954
2022 $1,726,696 $1,976,971 $640,632 $-250,275
2021 $500,000 $469,268 $693,641 $30,732
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