Civic Intelligence

Institute for Psychoanalytic Education

990 • Fiscal year 2015 • EIN 27-4600814

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 15, 2016

One Park Avenue Suite 8-241New York, NY 10016

(646) 754-4870

Siviq Scores

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

Liabilities / Assets

88th percentile

0.30x

Higher debt load relative to assets than 88% of similar nonprofits.

2015 filings • NTEE B • <$500k nonprofits • Source year 2015

Liabilities / Revenue

93rd percentile

0.39x

Higher debt load relative to revenue than 93% of similar nonprofits.

2015 filings • NTEE B • <$500k nonprofits • Source year 2015

Net Margin

39th percentile

-0.1%

Higher net margin than 39% of similar nonprofits.

2015 filings • NTEE B • <$500k nonprofits • Source year 2015

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • NTEE B • <$500k nonprofits • Source year 2015

Asset Growth

33rd percentile

-5.7%

Faster asset growth than 33% of similar nonprofits.

2015 filings • NTEE B • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

32nd percentile

-13%

Faster revenue growth than 32% of similar nonprofits.

2015 filings • NTEE B • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$497,660

Down $29,862 (-5.7%) from 2014

Net Assets

Down

$348,164

Down $12,769 (-3.5%) from 2014

Liabilities

Down

$149,496

Down $17,093 (-10%) from 2014

Revenue

Down

$379,866

Down $58,051 (-13%) from 2014

Expenses

Down

$380,245

Down $6,966 (-1.8%) from 2014

Net Income

Down

-$379

Down $51,085 (-101%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2012: $248,326Liabilities 2012: $109,727Net Assets 2012: $138,5992012Assets 2013: $537,852Liabilities 2013: $223,349Net Assets 2013: $314,5032013Assets 2014: $527,522Liabilities 2014: $166,589Net Assets 2014: $360,9332014Assets 2015: $497,660Liabilities 2015: $149,496Net Assets 2015: $348,1642015Assets 2017: $517,698Liabilities 2017: $139,247Net Assets 2017: $378,4512017Assets 2019: $549,642Liabilities 2019: $111,435Net Assets 2019: $438,2072019Assets 2020: $678,620Liabilities 2020: $186,238Net Assets 2020: $492,3822020Assets 2021: $847,817Liabilities 2021: $164,293Net Assets 2021: $683,5242021Assets 2022: $807,946Liabilities 2022: $130,919Net Assets 2022: $677,0272022Assets 2024: $773,303Liabilities 2024: $111,210Net Assets 2024: $662,0932024

Highlighted filing

2015

Assets$497,660
Liabilities$149,496
Net Assets$348,164

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2012: $353,1712012Revenue 2013: $556,243Expenses 2013: $378,719Net Income 2013: $177,5242013Revenue 2014: $437,917Expenses 2014: $387,211Net Income 2014: $50,7062014Revenue 2015: $379,866Expenses 2015: $380,245Net Income 2015: -$3792015Revenue 2017: $427,520Expenses 2017: $393,157Net Income 2017: $34,3632017Revenue 2019: $460,876Expenses 2019: $374,554Net Income 2019: $86,3222019Revenue 2020: $466,069Expenses 2020: $422,285Net Income 2020: $43,7842020Revenue 2021: $451,363Expenses 2021: $409,807Net Income 2021: $41,5562021Revenue 2022: $481,035Expenses 2022: $452,603Net Income 2022: $28,4322022Revenue 2024: $481,629Expenses 2024: $498,422Net Income 2024: -$16,7932024

Highlighted filing

2015

Revenue$379,866
Expenses$380,245
Net Income-$379
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 15, 2016
Return Version
2015v2.1
Gross Receipts
$400,013
Mission and Program Overview

Mission

Provides a training program in psychoanalysis, provides clinical education and offers didactic coursework in mental health topics.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$262,448$255,923▼ $6,525
Cash and Non-Interest-Bearing Accounts$155,189$155,030▼ $159
Accounts Receivable$59,685$44,350▼ $15,335
Investments in Publicly Traded Securities$50,200$42,357▼ $7,843
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$527,522$497,660▼ $29,862
Other Assets Total$0$0→ $0
Liabilities
Deferred Revenue$80,548$75,736▼ $4,812
Other Liabilities$72,150$59,185▼ $12,965
Accounts Payable and Accrued Expenses$13,891$14,575▲ $684
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$166,589$149,496▼ $17,093
Net Assets / Fund Balance
Unrestricted Net Assets$358,648$325,053▼ $33,595
Temporarily Rstr Net Assets$2,285$23,111▲ $20,826
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$360,933$348,164▼ $12,769
Total Liabilities and Net Assets / Fund Balance$527,522$497,660▼ $29,862

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$255,923--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Herbert Stein MDPresident
David Frank MDVice President
Brenda Bauer PsyDDirector
Glenn Saxe MDDirector
Jane Furse FriedmanDirector
Lisa BialkinDirector
Rachel Blakeman JD LCSWDirector
Samuel Herschkowitz MDdirector
Stephen Malach MDDirector
Barry Rand MDAssistant Secretary
Arthur Lew MDAssistant Treasurer
Carmela Perez PhDSecretary
Marvin Nierenberg MDTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$180,666
Program Service Revenue
$159,812
Investment Income
$9,902
Other Revenue
$29,486
All Other Contributions
$6,316
Change in Net Assets
$-379
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$380,245
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$134,278$89,518-$223,796
Fees for Services Other$15,726$15,726-$31,452
Occupancy$14,810$14,809-$29,619
Advertising-$17,285-$17,285
Insurance$10,865$5,352-$16,217
Fees for Services Legal$5,925$5,924-$11,849
Office Expenses$3,448$3,448-$6,896
All Other Expenses$5,112$1,473-$6,585
Fees for Service Investment Mgmnt Fees-$1,900-$1,900
Travel-$1,123-$1,123
Other Expenses$300$300-$600
Fees for Services Accounting$286$286-$572
Total Functional Expenses$222,489$157,756$0$380,245
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$34,175
Fundraising Direct Expenses$20,147
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Legacy Tribute$34,175$34,175$20,147$14,028
Total Events$34,175$34,175$20,147$14,028
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Carmela Perez PhdTrustee/directorOffice Space LeaseNo$27,000
Herbert Stein MdPresidentHonorariumNo$2,000

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Unearned Dues and Fees Revenue$59,185
Governance and Compliance

Governance Checklist

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

Governance Explanations

990 - Part VI-section A-lines 6 and 7A - Governing Body and Management

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.

990 - Part VI-section B - Question 11B - Policies

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.

990 - Part VI- Section B - Question 12C - Policies

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

990 - Part VI - Section C - Disclosure - Question 19

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

Filing and Contact Details

Filer

Filer Name
Institute for Psychoanalytic Education
EIN
27-4600814
In Care Of
% SKP LLP
Phone
6467544870
Address
One Park Avenue Suite 8-241, New York, NY 10016

Signing Officer

Name
Marvin Nierenberg Md
Title
Treasurer
Signed
2016-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Arnold Rothstein MD
Formed
2010
Legal Domicile
Ny
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
153

Preparer

Firm
Spielman Koenigsberg & Parker LLP
Address
1745 Broadway - 18th Floor, New York, NY 10019
Preparer
Jonathan B Taylor
Phone
2124532500
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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0www.med.nyu.edu/psa/ is the sole method of broadcast and contains the noondiscrimination policy.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E - Part I, Question 3
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1HERBERT STEIN MD

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