Civic Intelligence

The American Psychoanalytic Association Inc

990 • Fiscal year 2021 • EIN 13-1685533

Sep 01, 2020 to Aug 31, 2021 • Filed on Jul 11, 2022

309 East 49th StreetNew York, NY 10017-1636

(212) 752-0450

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

55th percentile

0.16x

Higher debt load relative to assets than 55% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

71st percentile

0.43x

Higher debt load relative to revenue than 71% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

63rd percentile

20%

Higher net margin than 63% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

86th percentile

$266,938

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 8.6% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

74th percentile

23%

Faster asset growth than 74% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

40th percentile

5.2%

Faster revenue growth than 40% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Assets

Up

$8,474,954

Up $1,598,731 (+23%) from 2020

Net Assets

Up

$7,141,969

Up $2,030,046 (+40%) from 2020

Liabilities

Down

$1,332,985

Down $431,315 (-24%) from 2020

Revenue

Up

$3,113,000

Up $152,668 (+5.2%) from 2020

Expenses

Down

$2,489,006

Down $524,574 (-17%) from 2020

Net Income

Up

$623,994

Up $677,242 (+1272%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2011: $4,648,578Liabilities 2011: $1,272,905Net Assets 2011: $3,375,6732011Assets 2012: $5,269,046Liabilities 2012: $1,313,079Net Assets 2012: $3,955,9672012Assets 2013: $5,578,835Liabilities 2013: $1,201,179Net Assets 2013: $4,377,6562013Assets 2014: $6,052,653Liabilities 2014: $1,130,881Net Assets 2014: $4,921,7722014Assets 2015: $6,225,273Liabilities 2015: $1,292,285Net Assets 2015: $4,932,9882015Assets 2016: $6,428,852Liabilities 2016: $1,842,585Net Assets 2016: $4,586,2672016Assets 2017: $6,566,661Liabilities 2017: $2,111,812Net Assets 2017: $4,454,8492017Assets 2018: $6,607,977Liabilities 2018: $1,696,648Net Assets 2018: $4,911,3292018Assets 2019: $6,431,197Liabilities 2019: $1,463,101Net Assets 2019: $4,968,0962019Assets 2020: $6,876,223Liabilities 2020: $1,764,300Net Assets 2020: $5,111,9232020Assets 2021: $8,474,954Liabilities 2021: $1,332,985Net Assets 2021: $7,141,9692021Assets 2022: $7,992,287Liabilities 2022: $1,745,770Net Assets 2022: $6,246,5172022Assets 2023: $9,188,381Liabilities 2023: $1,517,778Net Assets 2023: $7,670,6032023Assets 2024: $9,884,218Liabilities 2024: $1,436,924Net Assets 2024: $8,447,2942024

Highlighted filing

2021

Assets$8,474,954
Liabilities$1,332,985
Net Assets$7,141,969

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $2,864,697Expenses 2011: $3,211,186Net Income 2011: -$346,4892011Revenue 2012: $3,550,716Expenses 2012: $2,782,745Net Income 2012: $767,9712012Revenue 2013: $2,928,686Expenses 2013: $2,678,914Net Income 2013: $249,7722013Revenue 2014: $3,019,710Expenses 2014: $2,858,803Net Income 2014: $160,9072014Revenue 2015: $3,135,853Expenses 2015: $2,909,173Net Income 2015: $226,6802015Revenue 2016: $3,114,896Expenses 2016: $3,098,128Net Income 2016: $16,7682016Revenue 2017: $3,232,259Expenses 2017: $3,197,471Net Income 2017: $34,7882017Revenue 2018: $3,143,265Expenses 2018: $3,334,748Net Income 2018: -$191,4832018Revenue 2019: $3,056,142Expenses 2019: $3,125,968Net Income 2019: -$69,8262019Revenue 2020: $2,960,332Expenses 2020: $3,013,580Net Income 2020: -$53,2482020Revenue 2021: $3,113,000Expenses 2021: $2,489,006Net Income 2021: $623,9942021Revenue 2022: $4,929,145Expenses 2022: $2,955,694Net Income 2022: $1,973,4512022Revenue 2023: $3,968,176Expenses 2023: $3,204,563Net Income 2023: $763,6132023Revenue 2024: $2,851,824Expenses 2024: $3,102,039Net Income 2024: -$250,2152024

Highlighted filing

2021

Revenue$3,113,000
Expenses$2,489,006
Net Income$623,994
Jump To
Filing Snapshot
Filing Period
Sep 1, 2020 to Aug 31, 2021
Signed
Jul 11, 2022
Return Version
2020v4.2
Gross Receipts
$4,844,967
Mission and Program Overview

Mission

The purpose of the association to study and advance psychoanalysis; to advocate and maintain standards for the training of psychoanalysts and for the practice of psychoanalysis; to foster the integration of psychoanalysis with other branches of science and to encourage research in all fields having to do with the scientific knowledge and welfare of man.

Apsaa has a vibrant & innovative program for the mental health profession & the general public.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,331,018$7,330,420▲ $999,402
Savings and Temporary Cash Investments$268,104$528,555▲ $260,451
Accounts Receivable$59,286$223,723▲ $164,437
Land, Buildings, and Equipment, Net$33,714$113,690▲ $79,976
Other Notes and Loans Receivable, Net$89,074$78,175▼ $10,899
Prepaid Expenses and Deferred Charges$36,780$39,849▲ $3,069
Cash and Non-Interest-Bearing Accounts$6,332$15,039▲ $8,707
Total Assets$6,876,223$8,474,954▲ $1,598,731
Other Assets Total$51,915$145,503▲ $93,588
Liabilities
Other Liabilities$989,313$587,688▼ $401,625
Deferred Revenue$383,521$430,966▲ $47,445
Unsecured Notes Loans Payable$277,637$206,602▼ $71,035
Accounts Payable and Accrued Expenses$113,829$107,729▼ $6,100
Total Liabilities$1,764,300$1,332,985▼ $431,315
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,358,690$6,391,033▲ $2,032,343
Net Assets With Donor Restrictions$753,233$750,936▼ $2,297
Total Net Assets Fund Balance$5,111,923$7,141,969▲ $2,030,046
Total Liabilities and Net Assets / Fund Balance$6,876,223$8,474,954▲ $1,598,731

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$689,328$689,328
Leasehold Improvements$31,740$434,800$466,540
Other Land Buildings$77,685$218,112$295,797
Equipment$4,265$47,216$51,481

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$255,950-▲ $32,909-$288,859
2019$252,308-▲ $16,156$12,514$255,950
2018$259,485-▲ $4,841$12,018$252,308
2017$239,880-▲ $19,605-$259,485
2016$228,607-▲ $11,273-$239,880
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tom NewmanExecutive DirectorFT$218,088$48,850$266,938
Carolyn M GattoMeeting DirectorFT$136,430$23,181$159,611
Brian CantyCIS ManagerFT$103,712$23,941$127,653
William C Glover PhdPresidentPT$16,250-$16,250
Kerry J Sulkowicz MdPresident-electPT$3,750-$3,750
Bonnie J Buchele PhdSecretaryPT$2,500-$2,500
Julio G Calderon MdTreasurerPT$1,250-$1,250

Board Members and Trustees

NameTitle
Gerard P Sobnosky MsCandidate Director-at-large
Himanshu Agrawal MdCandidate Director-at-large
Alexandra K Rolde MdDirector
Arthur Lew MdDirector
Carole T Goldberg PsydDirector
Constance J Jackson MdDirector
David Moore PhdDirector
Elise W Snyder MdDirector
Felecia R Powell-williams Edd LpDirector
Fonya Helm Phd AbppDirector
Harold J Steiger PhdDirector
Janet Schiff Lcsw FipaDirector
Kenneth Winarick PhdDirector
Lana Fishkin MdDirector
Laura Steinberg MdDirector
Lyn Yonack MswDirector
Margaret Walsh PhdDirector
Marguerite Stewart Psy DDirector
Mari Hayes Psy DDirector
Mary Wyant MdDirector
Maxine Fenton Gann PhdDirector
Molly Rothenberg PhdDirector
Peter Kotcher MdDirector
Phoebe Cirio MswDirector
Richard Gottlieb Md PhdDirector
Sandra J LandenDirector
Sandra Walker MdDirector
Sarah L LuskDirector
Seth Aronson PsydDirector
Shirin Ali MdDirector
Stuart D Hirsch MdDirector
Valerie Laabs-siemon MsDirector
Wendy Selene LcswDirector
Daniel W Prezant MdDirector-at-large
Ira Moses PhdDirector-at-large
Jan C Van Schaik MdDirector-at-large
Jeffrey K Seitelman Md PhdDirector-at-large
Jeffrey PragerDirector-at-large
Judith Felton Logue PhdDirector-at-large
Kerry Kelly NovickDirector-at-large
Sally Rosenberg DcDirector-at-large
Timothy H Rayner MdDirector-at-large
Beverly J Stoute MdExecutive Committee Director
David E Cooper PhdExecutive Committee Director
M Jane Yates PhdExecutive Committee Director
Erika Schmidt LcswExecutive Committee Lead Director
Harriet L Wolfe MdEx Officio Member
Lee Jaffe Phd Dec Jun 2021Ex Officio Member
Mark D Smaller MdEx Officio Member
Ralph E Fishkin DoEx Officio Member
Revenue and Support

Revenue Composition

Contributions and Grants
$1,894,552
Program Service Revenue
$1,018,527
Investment Income
$186,370
Other Revenue
$13,551
All Other Contributions
$598,777
Change in Net Assets
$623,994

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,073,623
Revenue Not Reported on Financial Statements
$39,377
Revenue Not Reported on Form 990
$1,406,052
Total Revenue per Audited Statements
$4,479,675
Total Revenue per Form 990
$3,113,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,399,337
Other Expenses$996,845
Grants and Similar Amounts Paid$92,824
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$510,695$316,371-$827,066
Fees for Services Other$252,661$112,366-$365,027
Current Officers, Directors, Trustees, and Key Employees$230,669$78,900-$309,569
Office Expenses$8,323$125,014-$133,337
Occupancy$68,615$56,828-$125,443
Other Employee Benefits$60,013$53,390-$113,403
Payroll Taxes$46,515$36,942-$83,457
Grants to Domestic Orgs$66,474--$66,474
Pension Plan Contributions$33,679$32,163-$65,842
Fees for Services Legal$17,871$22,726-$40,597
Fees for Service Investment Mgmnt Fees-$39,377-$39,377
Insurance-$36,887-$36,887
Fees for Services Lobbying$30,000$5,206-$35,206
Fees for Services Accounting-$29,161-$29,161
Grants to Domestic Individuals$24,850--$24,850
Other Expenses$1,000$5,170-$6,170
Conferences and Meetings$4,185--$4,185
Depreciation Depletion$1,345$1,103-$2,448
Foreign Grants$1,500--$1,500
Travel$122$657-$779
Advertising$554--$554
Total Functional Expenses$1,510,792$978,214$0$2,489,006

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,489,006
Expenses per Audited Statements$2,449,629
Total Expenses per Audited Statements$2,449,629
Expenses Not Reported on Financial Statements$39,377
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Albert Einstein College of MedicineBronx, NY501(c)(3)Randomized Controlled Trial of Trauma Focused Psychodynamic Psychotherapy at the Va$30,000
Research Foundation of CunyNew York, NY501(c)(3)IMPACT OF TRANSFERENCE FOCUSED PSYCHOTHERAPY ON PATHOLOGICAL NARCISSISM: THE VALIDITY OF ATTACHMENT DIMENSIONS AS PROXIES FOR STRUCTURAL PERSONALITY CHANGE.$19,824
Society of Psychoanalytic InquiryPhiladelphia, PA501(c)(3)Damage Magazine$6,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Pension Expense$587,688
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The american psychoanalytic association is a national professional membership organization for psychoanalysts which comprise five classes of membership and two classes of affiliated members: -active members -senior members -candidates members -life members -honorary members -academic associates -academic associate candidates each class of membership, with the exception of honorary members, academic associates and academic associate candidates, has voting rights and has one vote at each meeting of members.

Form 990, Part VI, Section A, Line 7A

Any member eligible to vote may elect one or more members of the governing body. The positions that members elect include president-elect, secretary, treasurer, and councilor-at-large.

Form 990, Part VI, Section A, Line 7B

All decisions of the governing body (the executive council) are presented to the meeting of members for ratification.

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

The association's form 990 is reviewed by the association's president and/or treasurer prior to filing.

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

On an annual basis, all board members are provided with a copy of the conflict of interest policy and are required to complete and sign a acknowledgment and disclosure form. All completed forms are provided to and reviewed by the apsaa committee on council. Any potential conflict of interest which could result in a direct or indirect financial or personal benefit to a director, officer, or staff member must be disclosed in good faith to the board of directors or committee authorizing a contract or other transaction. The interested individual may participate in the information-gathering stage of the board of directors, or committees, discussion but will retire from the room in which the board of directors or committee is meeting and will not participate in the final deliberation or decision regarding such contract or other transaction. The interested individual may not vote on such contract or other transaction. Interested directors may be counted in determining the presence of a quorum at the meeting of the board of directors or of a committee which authorizes the contract or other transaction. The minutes of the meeting of the board of directors or committee will reflect: (a) that the conflict of interest was disclosed; (b) that the interested director, officer, or staff member was not present during the final discussion or vote of the board of directors or committee; and (c) that the interested individual abstained from voting. All questions as to whether a conflict of interest exists will be resolved by a vote of the board of directors in which the interested individual may not vote.

Form 990, Part VI, Section B, Line 15

The organization's executive committee reviews comparable salary surveys. The organization's board of directors reviews officer compensation rates in comparable organizations.

Form 990, Part VI, Section C, Line 19

They are available on the organization's website.

Filing and Contact Details

Filer

Filer Name
The American Psychoanalytic
EIN
13-1685533
Phone
2127520450
Address
309 EAST 49TH STREET, NEW YORK, NY 10017-1636

Signing Officer

Name
Thomas Newman
Title
Executive Director
Phone
2127520450
Signed
2022-07-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas Newman
Formed
1911
Legal Domicile
Ny
Voting Board Members
49
Independent Board Members
48
Employees
13
Volunteers
46

Preparer

Firm
Lutz and Carr Cpas Llp
Address
551 FIFTH AVENUE SUITE 400, NEW YORK, NY 10176
Preparer
Frederick Martens
Phone
2126972299
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other professional fees: program service expenses 252,661. Management and general expenses 112,366. Fundraising expenses 0. Total expenses 365,027.

FORM 990, PART XI, LINE 9:

Pension related changes other than periodic pension costs 354,067.

Financial Statement Notes

PART V, LINE 4:

Earnings from the endowment fund are used to award the annual ticho prize.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Pension related changes other than periodic pension costs 354,067.

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

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IRS990/Form990PartVIISectionAGrp/PersonNm11HARRIET L WOLFE MD
IRS990/Form990PartVIISectionAGrp/PersonNm12JUDITH FELTON LOGUE PHD
IRS990/Form990PartVIISectionAGrp/PersonNm13IRA MOSES PHD
IRS990/Form990PartVIISectionAGrp/PersonNm14KERRY KELLY NOVICK
IRS990/Form990PartVIISectionAGrp/PersonNm15JEFFREY PRAGER
IRS990/Form990PartVIISectionAGrp/PersonNm16DANIEL W PREZANT MD
IRS990/Form990PartVIISectionAGrp/PersonNm17TIMOTHY H RAYNER MD
IRS990/Form990PartVIISectionAGrp/PersonNm18SALLY ROSENBERG DC
IRS990/Form990PartVIISectionAGrp/PersonNm19JEFFREY K SEITELMAN MD PHD
IRS990/Form990PartVIISectionAGrp/PersonNm20JAN C VAN SCHAIK MD
IRS990/Form990PartVIISectionAGrp/PersonNm21HIMANSHU AGRAWAL MD
IRS990/Form990PartVIISectionAGrp/PersonNm22GERARD P SOBNOSKY MS
IRS990/Form990PartVIISectionAGrp/PersonNm23SHIRIN ALI MD
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IRS990/Form990PartVIISectionAGrp/PersonNm26LANA FISHKIN MD
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IRS990/Form990PartVIISectionAGrp/PersonNm28CAROLE T GOLDBERG PSYD
IRS990/Form990PartVIISectionAGrp/PersonNm29RICHARD GOTTLIEB MD PHD
IRS990/Form990PartVIISectionAGrp/PersonNm30MARI HAYES PSY D
IRS990/Form990PartVIISectionAGrp/PersonNm31FONYA HELM PHD ABPP
IRS990/Form990PartVIISectionAGrp/PersonNm32STUART D HIRSCH MD
IRS990/Form990PartVIISectionAGrp/PersonNm33CONSTANCE J JACKSON MD
IRS990/Form990PartVIISectionAGrp/PersonNm34PETER KOTCHER MD
IRS990/Form990PartVIISectionAGrp/PersonNm35VALERIE LAABS-SIEMON MS
IRS990/Form990PartVIISectionAGrp/PersonNm36SANDRA J LANDEN
IRS990/Form990PartVIISectionAGrp/PersonNm37ARTHUR LEW MD
IRS990/Form990PartVIISectionAGrp/PersonNm38SARAH L LUSK
IRS990/Form990PartVIISectionAGrp/PersonNm39DAVID MOORE PHD
IRS990/Form990PartVIISectionAGrp/PersonNm40FELECIA R POWELL-WILLIAMS EDD LP
IRS990/Form990PartVIISectionAGrp/PersonNm41ALEXANDRA K ROLDE MD
IRS990/Form990PartVIISectionAGrp/PersonNm42MOLLY ROTHENBERG PHD
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IRS990/Form990PartVIISectionAGrp/PersonNm44WENDY SELENE LCSW
IRS990/Form990PartVIISectionAGrp/PersonNm45ELISE W SNYDER MD
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IRS990/Form990PartVIISectionAGrp/PersonNm47LAURA STEINBERG MD
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IRS990/Form990PartVIISectionAGrp/PersonNm51KENNETH WINARICK PHD
IRS990/Form990PartVIISectionAGrp/PersonNm52MARY WYANT MD
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IRS990/Form990PartVIISectionAGrp/PersonNm54TOM NEWMAN
IRS990/Form990PartVIISectionAGrp/PersonNm55CAROLYN M GATTO
IRS990/Form990PartVIISectionAGrp/PersonNm56BRIAN CANTY
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.88$1.44$8.45$2.85$3.10$0.25
2023Detailed filing. Detailed filing data is available for this year.$9.19$1.52$7.67$3.97$3.20$0.76
2022Detailed filing. Detailed filing data is available for this year.$7.99$1.75$6.25$4.93$2.96$1.97
2021Detailed filing. Detailed filing data is available for this year.$8.47$1.33$7.14$3.11$2.49$0.62
2020Detailed filing. Detailed filing data is available for this year.$6.88$1.76$5.11$2.96$3.01$0.05
2019Detailed filing. Detailed filing data is available for this year.$6.43$1.46$4.97$3.06$3.13$0.07
2018Detailed filing. Detailed filing data is available for this year.$6.61$1.70$4.91$3.14$3.33$0.19
2017Detailed filing. Detailed filing data is available for this year.$6.57$2.11$4.45$3.23$3.20$0.03
2016Detailed filing. Detailed filing data is available for this year.$6.43$1.84$4.59$3.11$3.10$0.02
2015Detailed filing. Detailed filing data is available for this year.$6.23$1.29$4.93$3.14$2.91$0.23
2014Summary only. Only limited summary data is available for this year.$6.05$1.13$4.92$3.02$2.86$0.16
2013Summary only. Only limited summary data is available for this year.$5.58$1.20$4.38$2.93$2.68$0.25
2012Summary only. Only limited summary data is available for this year.$5.27$1.31$3.96$3.55$2.78$0.77
2011Summary only. Only limited summary data is available for this year.$4.65$1.27$3.38$2.86$3.21$0.35