Civic Intelligence

American Psychiatric Foundation

EIN 13-0433740 • 501(c)3 • Washington, DC

Profile

As the charitable foundation of the american psychiatric association, american psychiatric association foundation's mission is to raise awareness and overcome barriers to care; invest in the future leaders of psychiatry; support research and training to improve mental health care; and lead partnerships to address public challenges in mental health.

800 Maine Avenue SW 900Washington, DC 20024

www.psychfoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

19th percentile

0.03x

Higher debt load relative to assets than 19% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

43rd percentile

0.26x

Higher debt load relative to revenue than 43% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

4th percentile

-54%

Higher net margin than 4% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

80th percentile

$674,773

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 8.2% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

17th percentile

-2.8%

Faster asset growth than 17% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

8th percentile

-28%

Faster revenue growth than 8% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Down

$67,577,141

Down $1,973,125 (-2.8%) from 2023

Liabilities

Down

$2,135,521

Down $163,587 (-7.1%) from 2023

Net Assets

Down

$65,441,620

Down $1,809,538 (-2.7%) from 2023

Revenue

Down

$8,231,401

Down $3,278,554 (-28%) from 2023

Expenses

Up

$12,680,881

Up $1,404,632 (+12%) from 2023

Net Income

Down

-$4,449,480

Down $4,683,186 (-2004%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100M$50M$0Assets 2011: $56,448,535Liabilities 2011: $4,426,591Net Assets 2011: $52,021,9442011Assets 2012: $56,356,607Liabilities 2012: $876,038Net Assets 2012: $55,480,5692012Assets 2013: $61,574,313Liabilities 2013: $1,603,892Net Assets 2013: $59,970,4212013Assets 2014: $62,533,857Liabilities 2014: $1,998,657Net Assets 2014: $60,535,2002014Assets 2015: $60,093,411Liabilities 2015: $810,603Net Assets 2015: $59,282,8082015Assets 2016: $61,527,478Liabilities 2016: $799,118Net Assets 2016: $60,728,3602016Assets 2017: $67,952,879Liabilities 2017: $671,214Net Assets 2017: $67,281,6652017Assets 2018: $62,032,665Liabilities 2018: $1,021,888Net Assets 2018: $61,010,7772018Assets 2019: $68,916,724Liabilities 2019: $1,714,922Net Assets 2019: $67,201,8022019Assets 2020: $73,712,888Liabilities 2020: $531,221Net Assets 2020: $73,181,6672020Assets 2021: $82,014,350Liabilities 2021: $903,062Net Assets 2021: $81,111,2882021Assets 2022: $71,890,433Liabilities 2022: $3,471,443Net Assets 2022: $68,418,9902022Assets 2023: $69,550,266Liabilities 2023: $2,299,108Net Assets 2023: $67,251,1582023Assets 2024: $67,577,141Liabilities 2024: $2,135,521Net Assets 2024: $65,441,6202024

Highlighted filing

2024

Assets$67,577,141
Liabilities$2,135,521
Net Assets$65,441,620

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2011: $6,178,4692011Expenses 2012: $5,812,0492012Revenue 2013: $6,334,662Expenses 2013: $7,653,101Net Income 2013: -$1,318,4392013Revenue 2014: $8,140,892Expenses 2014: $7,326,479Net Income 2014: $814,4132014Revenue 2015: $5,272,219Expenses 2015: $5,415,432Net Income 2015: -$143,2132015Revenue 2016: $4,535,488Expenses 2016: $6,628,899Net Income 2016: -$2,093,4112016Revenue 2017: $6,092,254Expenses 2017: $5,462,166Net Income 2017: $630,0882017Revenue 2018: $7,820,697Expenses 2018: $6,503,176Net Income 2018: $1,317,5212018Revenue 2019: $4,987,609Expenses 2019: $7,239,083Net Income 2019: -$2,251,4742019Revenue 2020: $4,386,999Expenses 2020: $5,141,366Net Income 2020: -$754,3672020Revenue 2021: $7,795,878Expenses 2021: $6,623,825Net Income 2021: $1,172,0532021Revenue 2022: $5,539,607Expenses 2022: $7,012,165Net Income 2022: -$1,472,5582022Revenue 2023: $11,509,955Expenses 2023: $11,276,249Net Income 2023: $233,7062023Revenue 2024: $8,231,401Expenses 2024: $12,680,881Net Income 2024: -$4,449,4802024

Highlighted filing

2024

Revenue$8,231,401
Expenses$12,680,881
Net Income-$4,449,480

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$67.6$2.14$65.4$8.23$12.7$4.45
2023Detailed filing. Detailed filing data is available for this year.$69.6$2.30$67.3$11.5$11.3$0.23
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$71.9$3.47$68.4$5.54$7.01$1.47
2021Detailed filing. Detailed filing data is available for this year.$82.0$0.90$81.1$7.80$6.62$1.17
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$73.7$0.53$73.2$4.39$5.14$0.75
2019Detailed filing. Detailed filing data is available for this year.$68.9$1.71$67.2$4.99$7.24$2.25
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$62.0$1.02$61.0$7.82$6.50$1.32
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$68.0$0.67$67.3$6.09$5.46$0.63
2016Detailed filing. Detailed filing data is available for this year.$61.5$0.80$60.7$4.54$6.63$2.09
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$60.1$0.81$59.3$5.27$5.42$0.14
2014Summary only. Only limited summary data is available for this year.$62.5$2.00$60.5$8.14$7.33$0.81
2013Detailed filing. Detailed filing data is available for this year.$61.6$1.60$60.0$6.33$7.65$1.32
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$56.4$0.88$55.5$5.81
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$56.4$4.43$52.0$6.18
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$18,416,061
Mission and Program Overview

Mission

The purpose of the foundation is to assist and support the american psychiatric association in accomplishing its educational and scientific purposes by performing fundraising functions and by developing public and professional activities to advance education in mental health and psychiatric disorders, and related mental health subjects and to promote the treatment of psychiatric illness.

SEE PART III, LINE 1.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$33,605,003$31,501,049▼ $2,103,954
Investments Other Securities$28,610,945$24,882,426▼ $3,728,519
Savings and Temporary Cash Investments$2,144,219$4,726,767▲ $2,582,548
Pledges and Grants Receivable$100,807$259,032▲ $158,225
Land, Buildings, and Equipment, Net$15,370$112,887▲ $97,517
Prepaid Expenses and Deferred Charges$62,614$94,980▲ $32,366
Total Assets$69,550,266$67,577,141▼ $1,973,125
Other Assets Total$5,011,308$6,000,000▲ $988,692
Liabilities
Other Liabilities$1,130,264$1,234,055▲ $103,791
Accounts Payable and Accrued Expenses$1,118,844$800,633▼ $318,211
Deferred Revenue$50,000$100,833▲ $50,833
Total Liabilities$2,299,108$2,135,521▼ $163,587
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$60,368,180$57,966,778▼ $2,401,402
Net Assets With Donor Restrictions$6,882,978$7,474,842▲ $591,864
Total Net Assets Fund Balance$67,251,158$65,441,620▼ $1,809,538
Total Liabilities and Net Assets / Fund Balance$69,550,266$67,577,141▼ $1,973,125

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$112,887$496,170$609,057
Equipment$0$404,141$404,141
Other Assets Org$6,000,000--
Other Securities$11,660,121--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,512,133-▲ $102,067$24,500$1,589,700
2023$1,313,618$335,904▲ $86,057$223,446$1,512,133
2022$1,488,666-▼ $175,048-$1,313,618
2021$1,288,636-▲ $233,862-$1,488,666
2020$1,120,440-▲ $193,643-$1,288,636
Compensation and Service Providers

Board Members and Trustees

NameTitle
Marketa M WillsChair (from 6/24)
Saul LevinChair (until 5/24)
Ben ZobristDirector
Edmond PiDirector
Eleni Greenwood-jaswaDirector
Gregory DalackDirector
John LooneyDirector
Maureen Van NielDirector
Michelle DurhamDirector
Nicole Del CastilloDirector
Farha AbassiDirector (from 5/24)
Rawle Andrews JrExecutive Director
Amy PorfiriManaging Director
Carlton DavidsChief Financial Officer
Ray HsiaoDIR., THEN TREAS. (TRANS. @ 6/24)
Monica Taylor-desirSecretary
Lama BazziTreasurer (until 5/24)

Highest Paid Contractors

ContractorServicesLocationCompensation
Daniel J Edelman INCPublic Relations1875 I STREET NW SUITE 900, Washington, DC 20006$1,412,715
American Psychiatric AssociationApa Service Fee800 MAINE AVE SW 900, Washington, DC 20024$1,095,000
I3 Digital LtdIt Infrastructure & Support Services2001 L STREET NW, Washington, DC 20036$167,471
Connect 360 MultimediaPsa Campaign Management1539 FRANKLIN AVE 300, Mineola, NY 11501$153,600
Revenue and Support

Revenue Composition

Contributions and Grants
$2,739,269
Program Service Revenue
$126,861
Investment Income
$5,320,284
Other Revenue
$44,987
All Other Contributions
$1,678,947
Change in Net Assets
$-4,449,480

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,059,293
Revenue Not Reported on Financial Statements
$172,108
Revenue Not Reported on Form 990
$16,559,165
Total Revenue per Audited Statements
$24,618,458
Total Revenue per Form 990
$8,231,401
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$8,386,561
Salaries, Compensation, and Employee Benefits$2,922,572
Grants and Similar Amounts Paid$1,361,748
Total Fundraising Expense$729,703
Professional Fundraising Fees$10,000

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$2,533,015$103,624$45,000$2,681,639
Conferences and Meetings$1,502,326$429,550$239,787$2,171,663
Other Salaries and Wages$1,280,892$351,334$160,205$1,792,431
Travel$1,494,930$114,708$31,064$1,640,702
Grants to Domestic Individuals$744,354--$744,354
Current Officers, Directors, Trustees, and Key Employees$353,086$167,215$124,950$645,251
Grants to Domestic Orgs$605,734--$605,734
Other Employee Benefits$144,407$42,051$21,617$208,075
Advertising$169,440$18,423$1,467$189,330
Payroll Taxes$122,775$38,471$20,831$182,077
Fees for Service Investment Mgmnt Fees-$172,108-$172,108
Information Technology$66,252$27,679$10,609$104,540
Office Expenses$74,726$15,030$10,043$99,799
Pension Plan Contributions$69,540$18,439$6,759$94,738
Fees for Services Accounting-$90,050-$90,050
Depreciation Depletion$21,789$14,170$587$36,546
Other Expenses$5,703$6,291$7,927$19,921
Occupancy$1,566$17,060-$18,626
Foreign Grants$11,660--$11,660
Fees for Services Professional Fundraising--$10,000$10,000
Fees for Services Legal-$9,365-$9,365
All Other Expenses$955$21$34$1,010
Total Functional Expenses$10,302,661$1,648,517$729,703$12,680,881

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$26,427,996
Expenses Not Reported on Form 990$13,919,223
Total Expenses per Form 990$12,680,881
Expenses per Audited Statements$12,508,773
Expenses Not Reported on Financial Statements$172,108
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
ApaWashington, DC501(c)(6)Award for Research, Education, and Medical Stipends$480,000
Council of State GovernmentsLexington, KY501(c)(3)Csg Grant$94,200
University of PittsburghPittsburgh, PA501(c)(3)2024 Kempf Award$20,000
ANN & ROBERT H LURIE CHILDREN'S HOSPITAL OF CHICAGOChicago, IL501(c)(3)Helping Hands Grant$7,500
A Home WithinOakland, CA501(c)(3)General Grant / Travel Stipend$6,000
Hispanic Unity of Florida IncHollywood, FL501(c)(3)General Grant / Travel Stipend$6,000
Ser Familia IncKennesaw, GA501(c)(3)2024 Advancing Minority Mental Health Award$6,000
Yale UniversityNew Haven, CT501(c)(3)Helping Hands Grant$6,000
Nami Greater San AntonioSan Antonio, TX501(c)(3)Equity in Mental Health$5,500
American Pyschiatric Association FoundationWashington, DCVariousReturn of Unspent Grant Funds$-150,235

International Summary

Offices
0
Employees
0
Spending
$1,885,858

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanInvestmentsSoftware Development00$1,630,838
EuropeProgram ServicesPublications00$192,541
North AmericaProgram Services-00$50,819
North AmericaGrantmaking-00$10,660
EuropeGrantmaking-00$1,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$10,000
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate$1,140,056
Refundable Advance$93,999
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The return was prepared by the outside accountants and reviewed by the organization's senior management. A final copy of the 990 was sent to the board of directors before filing.

Form 990, Part VI, Section B, Line 12C

Directors are required to disclose interests and affiliations upon appointment and then annually or at any time there is a change to their disclosure. Oral disclosure of interests and affiliations is required at the beginning of each meeting. If a potential conflict arises, the conflict-of-interest committee reviews and reports to the board of trustees with recommended action. Staff members are also required to disclose potential conflicts annually.

Form 990, Part VI, Section B, Line 15A

The organization does not compensate any employees. Instead, the organization obtains required personnel through a cost-sharing agreement with a related organization, the american psychiatric association (apa). For purposes of determining compensation, the organization relied on apa's processes. Apa engaged an independent consultant to perform a comprehensive market-based review and to establish grades and ranges for all officers and directors who are compensated by apa. Within the defined ranges, appropriate annual increases are approved by the board as part of the budget process. The most recent review took place in december 2024.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
American Psychiatric Association
EIN
13-0433740
Phone
2025593900
Address
800 MAINE AVENUE SW 900, WASHINGTON, DC 20024
Doing Business As
Apaf

Signing Officer

Name
Carlton Davids CPA
Title
Chief Financial Officer
Phone
2025593900
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marketa M Wills
Formed
1982
Legal Domicile
Dc
Voting Board Members
12
Independent Board Members
11
Employees
0
Volunteers
50

Preparer

Firm
Gelman Rosenberg & Freedman
Address
4550 MONTGOMERY AVE SUITE 800N, BETHESDA, MD 20814-2930
Preparer
Richard J Locastro CPA
Phone
3019519090
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other professional fees: program service expenses 121,999. Management and general expenses 103,624. Fundraising expenses 45,000. Total expenses 270,623. Mental health campaign manager: program service expenses 7,250. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,250. Strategic planning: program service expenses 2,249,283. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,249,283. Translation services: program service expenses 154,483. Management and general expenses 0. Fundraising expenses 0. Total expenses 154,483.

Financial Statement Notes

PART III, LINE 1A:

The foundation does not capitalize its collections, which consist principally of rare books and early writings associated with the care and treatment of the mentally ill, as their relative financial significance is generally not objectively determinable.

PART III, LINE 4:

The foundation maintains a collection of rare and historical works dealing with the history and practice of psychiatry.

PART V, LINE 4:

The organization has six separate endowment funds: the principal balance of the schizophrenia research fund is to be maintained in perpetuity. The income from such, however, may be used to support awards to individuals doing research in the area of schizophrenia. The gralnick award requires that the principal be invested in perpetuity and that only the income be expended to support awards to individuals doing research in the area of schizophrenia. The ozarin award requires that the principal be invested in-perpetuity and that only the income be expended to support the benjamin rush award lecture at the apa annual meeting as well as other relevant projects concerning the apa library and archives. The apire endowment stipulates that a portion of the investment earnings may be used to cover salary and fringe costs for key staff when there is a short-term gap in external grant funding, during which time the staff must be engaged in educational or research activities in the field of psychiatry. The fryer award requires that only the earnings from the investments will be available for payment of the award after all investment gains, losses, investment fees and costs are deducted. The corpus will be preserved. The mrazek memorial fund requires that the american psychiatric association foundation (apaf) will not use the corpus to support the award and instead use only the funds that have appreciated from the investment of the corpus to support its normal costs and expenses (direct and indirect including overhead).

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold expense reported as expense on the 943. Financial statements and netted against revenue on form 990, part viii, line 10c.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold expense reported as expense on the 943. Financial statements and netted against revenue on form 990, part viii, line 10c.

Raw XML AppendixShowing 400 of 1,023 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/ActivityOrMissionDesc0SEE PART III, LINE 1.
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IRS990/BooksInCareOfDetail/PhoneNum02025593900
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