Civic Intelligence

Minnesota Psychoanalytic Society and Institute

990EZ • Fiscal year 2018 • EIN 41-1898207

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 05, 2020

825 Nicollet Mall Rm/Ste 1950Minneapolis, MN 55402

(612) 200-4141

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2018

Net Margin

60th percentile

8.2%

Higher net margin than 60% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

53rd percentile

2.8%

Faster asset growth than 53% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

17th percentile

-30%

Faster revenue growth than 17% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$378,182

Up $10,438 (+2.8%) from 2017

Net Assets

Up

$378,182

Up $10,438 (+2.8%) from 2017

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$128,668

Down $54,158 (-30%) from 2017

Expenses

Down

$118,142

Down $9,008 (-7.1%) from 2017

Net Income

Down

$10,526

Down $45,150 (-81%) from 2017

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $188,734Liabilities 2011: $02011Assets 2012: $196,940Liabilities 2012: $02012Assets 2013: $223,375Net Assets 2013: $223,3752013Assets 2014: $241,734Net Assets 2014: $241,7342014Assets 2015: $291,233Net Assets 2015: $291,2332015Assets 2016: $310,361Net Assets 2016: $310,3612016Assets 2017: $367,744Net Assets 2017: $367,7442017Assets 2018: $378,182Net Assets 2018: $378,1822018Assets 2019: $405,209Net Assets 2019: $405,2092019Assets 2020: $393,189Net Assets 2020: $393,1892020Assets 2021: $413,656Net Assets 2021: $413,6562021Assets 2022: $367,663Net Assets 2022: $367,6632022Assets 2023: $369,255Liabilities 2023: $594Net Assets 2023: $368,6612023Assets 2024: $354,078Net Assets 2024: $354,0782024

Highlighted filing

2018

Assets$378,182
Liabilities-
Net Assets$378,182

Operations Trend

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

$200K$100K$0-$100KRevenue 2011: $188,355Expenses 2011: $125,207Net Income 2011: $63,1482011Revenue 2012: $141,650Expenses 2012: $133,529Net Income 2012: $8,1212012Revenue 2013: $125,952Expenses 2013: $100,374Net Income 2013: $25,5782013Revenue 2014: $154,060Expenses 2014: $125,506Net Income 2014: $28,5542014Revenue 2015: $165,836Expenses 2015: $112,750Net Income 2015: $53,0862015Revenue 2016: $141,145Expenses 2016: $123,654Net Income 2016: $17,4912016Revenue 2017: $182,826Expenses 2017: $127,150Net Income 2017: $55,6762017Revenue 2018: $128,668Expenses 2018: $118,142Net Income 2018: $10,5262018Revenue 2019: $116,904Expenses 2019: $92,460Net Income 2019: $24,4442019Revenue 2020: $124,037Expenses 2020: $137,626Net Income 2020: -$13,5892020Revenue 2021: $143,426Expenses 2021: $129,935Net Income 2021: $13,4912021Revenue 2022: $129,210Expenses 2022: $138,801Net Income 2022: -$9,5912022Revenue 2023: $129,241Expenses 2023: $144,827Net Income 2023: -$15,5862023Revenue 2024: $141,591Expenses 2024: $162,509Net Income 2024: -$20,9182024

Highlighted filing

2018

Revenue$128,668
Expenses$118,142
Net Income$10,526
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 5, 2020
Return Version
2018v3.2
Gross Receipts
$128,668
Mission and Program Overview

Mission

EDUCATION

Program Services

DescriptionGrantsExpenses
THE MINNESOTA PSYCHOANALYTIC SOCIETY AND INSTITUTE PSYCHOTHERAPY CENTER OFFERS LOW COST THERAPY AS AN ALTERNATIVE TO OTHER COMMUNITY PSYCHOLOGICAL SERVICES BECAUSE OF ITS FREEDOM FROM CONSTRAINTS OF INSURANCE REQUIREMENTS AND ITS COMMITMENT TO PROVIDING INTENSIVE SERVICES THAT BRING LONG-TERM RESULTS.-$61,007
A MINNESOTA PSYCHOANALYTIC TRAINING PROGRAM FOR PSYCHOTHERAPISTS WHICH IS SPONSORED BY THE AMERICAN PSYCHOANALYTICAL ASSOCIATION. ITS PURPOSE IS THE TRAINING OF LICENSED MENTAL HEALTH PROFESSIONALS IN PSYCHOANALYTIC THEORY AND TECHNIQUE.-$2,037
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ELIZABETH BOHUNBoard Chair-$0--
KIM RORIEExecutive Di-$0--
Filing and Contact Details

Filer

Filer Name
Minnesota Psychoanalytic Society
EIN
41-1898207
Phone
6122004141
Address
825 NICOLLET MALL RM/STE 1950, MINNEAPOLIS, MN 55402

Signing Officer

Name
Kim Rorie
Title
Executive Director
Phone
6122004141
Signed
2020-11-05
Discuss with paid preparer
Yes

Preparer

Firm
Vetscher & Associates LLC
Address
2550 UNIVERSITY AVE W STE 185S, SAINT PAUL, MN 55114-2001
Preparer
Christopher J Thomas
Phone
6516902250
Supplemental Narrative

Additional Explanations

Form 990-ez, Page 1, Item B

The 2018/2019 years were a year of transition between administrative staff for minnesota psychoanalytical society and institute. Due to that transition the originally reported data was incorrect. The financial reports have been corrected and reported here on the amended return.

Form 990-ez, Part I, Line 16

Expenses office 3,653 information technology 1,087 insurance 7,717 program/event expenses 34,096 bank service charges 923 membership fees 3,384 total 50,860

Form 990-ez, Part I, Line 20

Change in market value of securities 0 change in market value of securities -88

Form 990-ez, Part II, Line 24

Rent deposit 400 400 mutual funds 138,558 126,025 total 138,958 126,425

Form 990-ez, Part III, Line 28

A minnesota psychoanalytic training program for psychotherapists which is sponsored by the american psychoanalytical association. Its purpose is the training of licensed mental health professionals in psychoanalytic theory and technique.

Form 990-ez, Part III, Line 29

The minnesota psychoanalytic society and institute psychotherapy center offers low cost therapy as an alternative to other community psychological services because of its freedom from constraints of insurance requirements and its commitment to providing intensive services that bring long-term results.

Raw XML Appendix151 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.

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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MINNEAPOLIS
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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE DISCLOSURE STATEMENT IS ADDED TO THE BOTTOM OF ALL BROCHURES AND FOUNDATION MATERIALS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 2018/2019 YEARS WERE A YEAR OF TRANSITION BETWEEN ADMINISTRATIVE STAFF FOR MINNESOTA PSYCHOANALYTICAL SOCIETY AND INSTITUTE. DUE TO THAT TRANSITION THE ORIGINALLY REPORTED DATA WAS INCORRECT. THE FINANCIAL REPORTS HAVE BEEN CORRECTED AND REPORTED HERE ON THE AMENDED RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES OFFICE 3,653 INFORMATION TECHNOLOGY 1,087 INSURANCE 7,717 PROGRAM/EVENT EXPENSES 34,096 BANK SERVICE CHARGES 923 MEMBERSHIP FEES 3,384 TOTAL 50,860
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CHANGE IN MARKET VALUE OF SECURITIES 0 CHANGE IN MARKET VALUE OF SECURITIES -88
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3RENT DEPOSIT 400 400 MUTUAL FUNDS 138,558 126,025 TOTAL 138,958 126,425
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A MINNESOTA PSYCHOANALYTIC TRAINING PROGRAM FOR PSYCHOTHERAPISTS WHICH IS SPONSORED BY THE AMERICAN PSYCHOANALYTICAL ASSOCIATION. ITS PURPOSE IS THE TRAINING OF LICENSED MENTAL HEALTH PROFESSIONALS IN PSYCHOANALYTIC THEORY AND TECHNIQUE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE MINNESOTA PSYCHOANALYTIC SOCIETY AND INSTITUTE PSYCHOTHERAPY CENTER OFFERS LOW COST THERAPY AS AN ALTERNATIVE TO OTHER COMMUNITY PSYCHOLOGICAL SERVICES BECAUSE OF ITS FREEDOM FROM CONSTRAINTS OF INSURANCE REQUIREMENTS AND ITS COMMITMENT TO PROVIDING INTENSIVE SERVICES THAT BRING LONG-TERM RESULTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PAGE 1, ITEM B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 29
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ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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Filings