Preferred Behavioral Health of Nj Inc

Nonprofit profile at a glance

EIN
222196988
IRS 990 coverage
2015–2024
Forms available
Form 990 2024
Location
Lakewood, NJ, USA
Phone
7324581700
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Mental Health Treatment F31 Psychiatric, Mental Health Hospital

Official website

Reported finances

Revenue
$36,070,545
Expenses
$36,907,336
Assets
$21,957,550
Liabilities
$17,601,256

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

28 people listed

Executive titles in this filing

  • TARA CHALAKANI PSYD (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • TARA CHALAKANI PSYD (CHIEF EXECUTIVE OFFICER): $272,379 total reported compensation
  • LAURA MESSINA (VP OF ADULT SERVICES): $219,021 total reported compensation
  • PETER KISYLIA (CHIEF FINANCIAL OFFICER): $207,868 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To deliver quality and compassionate behavioral health services to individuals and families all the time through a trauma informed care philosophy and approach.

What it reported doing in 2024

Children's programs including children's mobile response and stabilization services which are available to families 24 hours a day, 7 days a week, when a child is in crisis. This service is an in-home intervention and aims to stabilize and diffuse a crisis for families that request it. The visitation program serves families who are required to have supervised visits with their children. The goal of this program is to maintain regular contact on a planned basis between child, parent, family members and/or significant others that will reinforce the plan of reunification, help the child to maintain a sense of family identity or determine other permanent plans for the child. Healthy families serves to prevent abuse and neglect of children under three years of age by providing early risk identification and intervention to families at risk. Assistance to at-risk parents is provided to promote positive child development for their infants and young children. The program staff ensures that families at risk for child abuse and neglect receive appropriate health and supportive services as well as identify and build on family strengths. Project independence is designed to give adolescents ages 16-21 a head start for responsible living as young adults. Each participant is given a comprehensive independent living skills assessment to determine life skills proficiency levels. Intensive training is then provided through both educational groups and individual skills training sessions. Participation in the program is at least six months long but can continue as long as the youth's commitment to obtaining the goal is evident. School-based youth services offer social and health development for students and families in the lakewood and brick school districts. The programs are offered in a school setting and provide a wide range of behavioral health and social services such as individual, group and family counseling, case management, substance use services, college exposure, job readiness training and recreation. Lifeset, a program of youth villages, is an individualized, evidence informed model that pairs a highly trained specialist with each young person to help identify and accomplish goals. Begun in 1999, lifeset has helped more than 20,000 young people become successful adults across the country. In a randomized trial, lifeset showed positive impacts in many areas of participants' lives, including reduced homelessness, increased economic well-being and better mental health.prevention first provides evidence and research-based programs to furnish children, parents and communities with tools that empower all to make healthy, responsible decisions. Our professional and experienced instructors have created seminars and activities that engage and inform. Prevention first is committed to strengthening the foundation of children and families by empowering them to successfully handle everyday life situations as well as extraordinary challenges such as substance use, harassment, intimidation and bullying.compass is a local program serving ocean and monmouth counties under the umbrella of New Jersey statewide student support services (nj4s). Nj4s is a new statewide initiative from the New Jersey department of children and families (dcf), and was designed to enhance access for students to prevention and mental health screening services. Programs will focus on the core service categories of mental health, suicide prevention, bullying and violence prevention, substance use prevention, and sexual health and teen pregnancy prevention. The program supports public and charter school students and caregivers in ocean and monmouth counties at no cost.

Operating model

Revenue model
Grant-funded. 61% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 70
  • Accountability: 100
  • Sustainability: 24
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 89.4%; rating input score 89
  • Program expense ratio: 86.7%; rating input score 87
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -2.3%; rating input score 23; 23rd percentile among comparable filings
  • Total-asset coverage ratio: 0.59; rating input score 20; 20th percentile among comparable filings
  • Liabilities to assets ratio: 0.8; rating input score 14; 14th percentile among comparable filings
  • Officer compensation ratio: 5.6%; rating input score 45; 45th percentile among comparable filings

Growth

  • Program expense growth: 7.3% per year; rating input score 100; 58th percentile among comparable filings
  • Revenue growth: 6.9% per year; rating input score 100; 59th percentile among comparable filings
  • Asset growth: 14.3% per year; rating input score 100; 79th percentile among comparable filings

Details

  • Where the money goes: 89.4% of revenue deployed · 86.7% of spending went to programs
  • Governance: 14 of 14 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $32M in reported program spending
  • Leadership: top reported pay $272K · 28 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $1.7M reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 10 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 12 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Sustainability: Operating margin scored 23/100.
  • High — Sustainability: Total-asset coverage ratio scored 20/100.
  • High — Sustainability: Liabilities to assets ratio scored 14/100.
  • Moderate — Sustainability: Officer compensation ratio scored 45/100.
  • High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.