Institute for Psychoanalytic Education

“The organization was established as a not-for-profit corporation with "members" being the legal members of the corporation. The board of directors are elected at the annual meeting of the members. Members are also entitled to vote at the member's meetings and can conduct business as it may properly come before their meeting from the board of directors.”

“The organization is provided with a final draft copy of the form 990 prior to filing. The audit committee reviews the return for accuracy. The form 990 is then provided to all members of the board of directors for their review and approval.”

“The organization regularly and consistently monitors and enforces compliance with their written conflict of interest policy.”

“The institute for psychoanalytic education makes its governing documents and financial statements available to the public upon request.”

“The foundation has directors on the board who have a family relationship with one another. There are no business relationships invloving any director or officer from the foundation.”

“Beginning Fund Balance of $82,408 was adjusted to $138,599 due to change in accounting method and the audit performed for the year ending December 31, 2012. THE ORGANIZATION also INCLUDED AN IRS PENALTY OF $1,620 ON THEIR BOOKS THAT WAS NOT INCLUDED ON FORM 990, PART IX, FUNCTIONAL EXPENSES.”

“The balances in the beginning of the year have been corrected due to audit performed for year ending December 31, 2012 and change in accounting method. The Form 990 and any necessary schedules will be amended to reflect the changes.”

“The organization changed its accounting method from cash to accrual.”

“Description:consulting fees total fees:37116”

“Description:bookkeeping total fees:1826”