August 2025

Forbes Feature – How Nonprofit Organizations Can Diversify Their Financial Resources

Take A Big-Picture View Of Financial Resources A tight and uncertain economy is a good opportunity to take a look at all aspects of your financial resources. Is your bank giving you the best interest rates? Can you find a bank with less fees and better terms? Establishing a line of credit as a bridge for when cash flow is tight is also good to have in your back pocket. – Tara Chalakani, Preferred Behavioral Health Group In unpredictable financial times, stability is rooted in adaptability. At Preferred Behavioral Group, we’ve always believed in combining heart-centered care with strategic vision. Here’s what leaders in the nonprofit sector—including our own Dr. Tara Chalakani—recommend for building a diversified, resilient financial foundation. Dr. Tara Chalakani embodies this philosophy—combining “a for-profit brain with a nonprofit heart” to guide Preferred Behavioral Health Group through every financial challenge and opportunity. To read the original article and Dr. Tara’s feature, visit the Forbes website here.

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CEO, Dr. Tara Chalakani sheds light on government budget cuts and the impacts on mental health services 

In a recent segment on NJ Politics, Dr. Tara Chalakani, CEO of Preferred Behavioral Health Group, shed light on an issue that is quickly becoming a crisis for communities across New Jersey: the direct impact of federal and state budget cuts on vital social service programs. While discussions about the political climate can often feel distant or abstract, the reality is that legislative decisions are about to hit home for many of our neighbors. Dr. Tara explained that looming budget reductions will significantly affect school-based prevention and intervention services and therapeutic programs for individuals with state insurance benefits. These programs are more than line items in a budget — they are lifelines for children, families, and individuals who depend on consistent, quality support. The challenge ahead is clear: as government funding shrinks, community organizations like ours will face unprecedented pressure to maintain essential services. Without alternative sources of support, many of these programs risk being scaled back or disappearing entirely. Even in the face of these challenges, there is reason for optimism. Dr. Tara believes that the strength of our community lies in its people; neighbors who care for one another and step forward in times of need. By giving of our time, talent, and resources, we can work together to ensure these vital programs remain available for those who depend on them most. Every act of generosity, no matter the size, makes a difference. Whether it’s a donation, volunteering, sharing information, or advocating for support, your involvement helps keep our community strong and resilient. Now is the time to act. Because when the future of essential services is uncertain, our shared commitment can keep them strong.

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