Teen Challenge
- Assets
- $17.4m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 15
- Location
- Brooklyn, NY
- Founding
- 02/1965
- Data as of
- 12/2022
- EIN
- 11-2510315
Organization Overview
Teen Challenge is located in Brooklyn, NY. The organization was established in 1965. According to its NTEE Classification (I21) the organization is classified as: Youth Violence Prevention, under the broad grouping of Crime & Legal-Related and related organizations. As of 12/2022, Teen Challenge employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Teen Challenge is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Teen Challenge generated $1.1m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE RELIGIOUS ORGANIZATION'S MISSION IS TO HELP INDIVIDUALS WHO HAVE LIFE-CONTROLLING ADDICTIONS AND INITIATE THE DISCIPLESHIP PROCESS TO THE POINT WHERE THE INDIVIDUAL CAN FUNCTION AS A PRODUCTIVE CHRISTIAN MEMBER OF SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION WORKS WITH INDIVIDUALS AND FAMILIES WHOSE LIVES ARE AFFECTED BY DRUGS AND OTHER LIFE-CONTROLLING PROBLEMS. ALL TREATMENT IS THROUGH THE ACCEPTANCE OF JESUS CHRIST AS THEIR SAVIOR. THE ORGANIZATION ALSO CONDUCTS TRADITIONAL CHURCH ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Tim Adour Chairman | OfficerTrustee | 8 | $0 |
Rev Bobby Moore Secretary | OfficerTrustee | 8 | $0 |
Pastor Dave Nuzzolo Treasurer | OfficerTrustee | 8 | $0 |
Rev Dominick Cotignola Director | Trustee | 8 | $0 |
Dr Janet Lerner Director | Trustee | 8 | $0 |
Dr Duane P Durst Director | Trustee | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $794,298 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $794,298 |
| Total Program Service Revenue | $0 |
| Investment income | $292,032 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $34,119 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,120,449 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $13,248 |
| Grants and other assistance to domestic individuals. | $2,400 |
| Grants and other assistance to Foreign Orgs/Individuals | $9,598 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $517,684 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $40,054 |
| Payroll taxes | $33,012 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $40,450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $58,720 |
| Advertising and promotion | $592 |
| Office expenses | $71,324 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $25,840 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,529 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $59,169 |
| Insurance | $84,278 |
| All other expenses | $146,348 |
| Total functional expenses | $1,472,456 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $282,507 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,650 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $143,553 |
| Net Land, buildings, and equipment | $5,178,548 |
| Investments—publicly traded securities | $11,791,963 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $37,463 |
| Total assets | $17,436,684 |
| Accounts payable and accrued expenses | $22,873 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $75,177 |
| Total liabilities | $98,050 |
| Net assets without donor restrictions | $17,272,253 |
| Net assets with donor restrictions | $66,381 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $17,436,684 |
Grants Awarded
Over the last fiscal year, Teen Challenge has awarded $125,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
OASIS CHRISTIAN CENTER PURPOSE: GENERAL SUPPORT TO ASSIST THE ORGANIZATION'S MISSION. | $6,000 |
BEHOLD MINISTRY PURPOSE: GENERAL SUPPORT TO ASSIST THE ORGANIZATION'S MISSION. | $119,000 |