Advanced Center For Psychotherapy Inc

Charity Navigator Rating: 49% (Zero-Star out of Four Stars)

The Advanced Center For Psychotherapy Inc has received a low rating of 49%, indicating significant concerns regarding its accountability and financial practices. A major area of concern is the lack of independent board members, with only 33% being independent, which raises questions about governance and oversight. Additionally, the absence of financial statements on their website, a critical transparency measure, further diminishes their score.

On a positive note, the organization has established certain policies, such as conflict of interest, whistleblower, and document retention policies, all of which received full points. Furthermore, the charity reports a high program expense ratio of 89.88%, suggesting that a significant portion of its resources is allocated towards its programs, which is a strength in terms of mission alignment.

However, the nonprofit struggles with a significantly high liabilities-to-assets ratio of 1086.82%, indicating potential financial instability. The lack of transparency in financial reporting and governance structures are notable limitations that potential donors and stakeholders should consider before engaging with the organization.

This AI summary has been generated from information found on Charity Navigator.

Advanced Center For Psychotherapy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Advanced Center For Psychotherapy 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,445,509

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