Edinburg, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Novelty Behavioral Health, founded in 2022, is a small nonprofit in the Mental Health sector that reported $599K in total revenue in fiscal year 2023. Expenses of $557K left a modest 7% surplus.
Our mission is to provide Accessible and Affordable Holistic-Based mental-health care to the communities we serve without without regard to their background or insurance status in a caring environment.
Revenues from related operation services provided by Novelty Behavioral Health help support Novelty Behavioral Health's mission to provide mental health services which include Psychiatry Evaluations...
Revenues from related operation services provided by Novelty Behavioral Health help support Novelty Behavioral Health's mission to provide mental health services which include Psychiatry Evaluations, Med Management, Counseling and Substance Abuse Services to patients including a patient assistance program for those who don't have insurance or the ability to pay for services. More than $150,000 has been waived for patients who otherwise would not have been able to afford services.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $599,358 | N/A | N/A |
| Expenses | $557,100 | N/A | N/A |
| Net Income | $42,258 | $0 | N/A |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| RAUL CORREA | EXECUTIVE DIRECTOR | 60 |
Officer
Key Emp
|
$80,076 | $0 | $80,076 |
| Dorcas Adepoju | Director for Psychiatry Services | 10 |
Officer
Key Emp
|
$1,300 | $0 | $1,300 |
| Virdia Hall | Board Secretary | 1 |
Officer
|
$0 | $0 | $0 |
| Sharla Taylor | Board Treasurer | 1 |
Officer
|
$0 | $0 | $0 |
| Dona Dockery-Cooper | Board Medical Director | 1 |
Officer
|
$0 | $0 | $0 |
| Asnake Manyazewal | Director of Pharmacy Services | 1 |
Officer
|
$0 | $0 | $0 |
| Randrick Chance | Director of Family and Biblical Counseling | 2 |
Officer
Key Emp
|
$150 | $0 | $150 |
| Doreen Dennis | Director of Community Affairs | 1 |
Officer
|
$0 | $0 | $0 |
| Mcken Carrington | Director of Legal Compliance | 1 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $599,358 | $557,100 | $42,258 | $42,258 |
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