Overview
What is The Boston Psychoanalytic Society And Institute Inc?
The Boston Psychoanalytic Society and Institute Inc is a nonprofit organization based in Newton Centre, Massachusetts. Its primary focus is on providing educational programs in the field of psychoanalytic education, psychotherapy, and continuing education for its membership and the mental health community. The organization is dedicated to the enduring vitality of psychoanalytic thought and practice in the contemporary world, striving for excellence in education, research, and treatment to reduce emotional suffering and advance the greater understanding and well-being of individuals, families, and society. With a team of 8 employees, the Boston Psychoanalytic Society and Institute Inc aims to contribute significantly to the mental health community.
Official website here: www.bpsi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% - Three-Star out of Four Star rating
The Boston Psychoanalytic Society and Institute Inc has received an 84% score from Charity Navigator, indicating a solid performance in accountability and finance. The organization boasts a high percentage of independent board members and has achieved full points in several categories, such as its audit oversight and conflict of interest policy, which demonstrates a commitment to transparency and governance.
However, the nonprofit does have some areas that need improvement, notably the absence of a whistleblower policy, which is crucial for maintaining ethical standards within the organization. Additionally, while the program expense ratio is respectable at 63.78%, it suggests that there may be room for increasing the funds allocated directly to program services versus administrative costs.
Overall, the Boston Psychoanalytic Society and Institute Inc shows strong governance and financial health, but it would benefit from addressing its policy gaps to enhance its accountability further. This balanced rating reflects both its strengths and the areas where improvements can be made.
This AI summary has been generated from information found on Charity Navigator.
Is The Boston Psychoanalytic Society And Institute Inc legitimate?
The Boston Psychoanalytic Society And Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Boston Psychoanalytic Society And Institute Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $127,731
Professional Fundraising Fees: $0
Other Salaries and Wages: $511,329
For more financial information, click here
Official website here: www.bpsi.org
What is the mission statement of The Boston Psychoanalytic Society And Institute Inc?
The Boston Psychoanalytic Society and Institute is committed to preserving the vitality of psychoanalytic thought and practice in the contemporary world. Their mission is to promote excellence in education, research, and treatment, with the ultimate goal of reducing emotional suffering and advancing the greater understanding and well-being of individuals, families, and society. Through their dedication, they aim to foster a deeper comprehension of human behavior and improve overall mental health.
Official website here: www.bpsi.org
What is the revenue of The Boston Psychoanalytic Society And Institute Inc?
The Boston Psychoanalytic Society And Institute Inc's revenue in 2024 was $1,189,260.
Official website here: www.bpsi.org
Who are the executives of The Boston Psychoanalytic Society And Institute Inc and what are their salaries?
The average compensation at The Boston Psychoanalytic Society And Institute Inc during 2024 was $79,882. There are 8 employees and 25 volunteers at The Boston Psychoanalytic Society And Institute Inc.
Here are 27 key members and their salaries:
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Official website here: www.bpsi.org
Where can I find the form 990 for The Boston Psychoanalytic Society And Institute Inc?
The Boston Psychoanalytic Society And Institute Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.bpsi.org
Learn more at the official website: www.bpsi.org
Mission Statement of The Boston Psychoanalytic Society And Institute Inc
The Boston Psychoanalytic Society and Institute, a renowned organization, is committed to the ongoing vitality of psychoanalytic thought and practice in the contemporary world. Their mission is threefold: education, research, and treatment. They strive for excellence in these areas, aiming to reduce emotional suffering and advance the greater understanding and well-being of individuals, families, and society. Through their dedication, they seek to contribute significantly to the mental health landscape, fostering a more empathetic and supportive society. The Boston Psychoanalytic Society and Institute stands as a beacon of hope, working tirelessly to promote emotional wellness and a greater understanding of the human psyche.
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Impact
June, 2024
The Boston Psychoanalytic Society And Institute Inc has a significant impact on the field of mental health by promoting the enduring vitality of psychoanalytic thought and practice in the contemporary world. Through its commitment to excellence in education, research, and treatment, the organization strives to reduce emotional suffering and advance the greater understanding and well-being of individuals, families, and society. By conducting educational programs in psychoanalytic and psychotherapy education, as well as providing continuing education for its membership and the mental health community, the organization plays a crucial role in shaping the future of mental health care.
This information is meant to be a general summary of The Boston Psychoanalytic Society And Institute Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $255,329
- Program Service Revenue: $357,223
- Gross Receipts: $4,043,376
Assets and Liabilities:
- Total Assets: $16,000,808
- Total Liabilities: $554,957
- Net Assets: $15,445,851
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition and Fees
Revenue
$357,223
Organization Details
Founding Year
1936
Principal Officer
Catherine Kimble Md
Website
www.bpsi.orgNTEE Category
Code: F03 - Mental health
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