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Philadelphia School Of Psychoanalysis

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237360583 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is Philadelphia School Of Psychoanalysis?

The Philadelphia School of Psychoanalysis is a nonprofit organization situated at 313 S 16TH ST, Philadelphia, PA 191024908. Their primary focus is on providing mental health services, with a significant emphasis on serving the Medicaid population in Philadelphia, Pennsylvania. As a psychoanalytic training institute, they educate and train mental health professionals, while also operating a clinic that offers mental health services to the same population. With a team of three dedicated individuals, the Philadelphia School of Psychoanalysis continues its mission to contribute to the mental health landscape of Philadelphia.


Official website here: www.psptraining.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement, 72% (Two-Star out of Four Star Rating)

The Philadelphia School of Psychoanalysis has received a Two-Star rating from Charity Navigator, indicating a need for improvement, particularly in accountability and financial management. With a score of 69 in Accountability & Finance, the organization shows room for growth, especially in enhancing the representation of independent board members which stands at only 37%.

On a positive note, the school excels in its culture and community engagement, earning a commendable score of 86. Additionally, it demonstrates effective feedback collection and usage, scoring 100 in these areas. However, the absence of a whistleblower policy raises concerns about transparency and governance practices.

Financially, the program expense ratio is promising at 78.02%, reflecting a commitment to programmatic spending. Nevertheless, the liabilities to assets ratio of 84.19% signals potential financial instability that should be addressed to ensure long-term sustainability. Overall, while the organization displays strengths in some areas, it must prioritize governance improvements and financial health.


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

Is Philadelphia School Of Psychoanalysis legitimate?

Philadelphia School Of Psychoanalysis is a legitimate nonprofit organization registered as a 501(c)(3) entity. Philadelphia School Of Psychoanalysis 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: $57,626
Professional Fundraising Fees: $0
Other Salaries and Wages: $68,626

For more financial information, click here


Official website here: www.psptraining.com

What is the mission statement of Philadelphia School Of Psychoanalysis?

The Philadelphia School of Psychoanalysis serves as a psychoanalytic training institute and a mental health clinic, primarily catering to the Medicaid population. Its mission is centered around providing comprehensive psychoanalytic training for mental health professionals, while simultaneously offering mental health services through its clinic. The institution's primary goal is to contribute to the well-being of its clientele, focusing on the Medicaid population in Philadelphia. The school's operations are dedicated to advancing the understanding and application of psychoanalysis in the field of mental health care.


Official website here: www.psptraining.com

Who is the CEO of Philadelphia School Of Psychoanalysis?

Lisacorreale is the Executive Director of Philadelphia School Of Psychoanalysis.


Official website here: www.psptraining.com

What is the revenue of Philadelphia School Of Psychoanalysis?

Philadelphia School Of Psychoanalysis's revenue in 2022 was $605,351.


Official website here: www.psptraining.com

Who are the executives of Philadelphia School Of Psychoanalysis and what are their salaries?

The average compensation at Philadelphia School Of Psychoanalysis during 2022 was $42,084. There are 3 employees at Philadelphia School Of Psychoanalysis.


Here are 9 key members and their salaries:


Wallace Fletcher (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marie Hartke (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $24,000
Jackbrown (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debgrigson (Public Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joycegrigson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chandlerzachary (Public Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbarasmith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evelynwhite (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisacorreale (Executive Director)
  • Compensation: $57,626
  • Related: $0
  • Other: $0


Official website here: www.psptraining.com

Where can I find the form 990 for Philadelphia School Of Psychoanalysis?

Philadelphia School Of Psychoanalysis's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.psptraining.com

Learn more at the official website: www.psptraining.com

Mission Statement of Philadelphia School Of Psychoanalysis

The Philadelphia School of Psychoanalysis serves as a psychoanalytic training institute and a mental health clinic, primarily catering to the Medicaid population in Philadelphia, Pennsylvania. Its mission is twofold: to educate and train mental health professionals in psychoanalysis, and to provide mental health services to the Medicaid population in the city. The institution is dedicated to continuing its operations with the primary focus on serving this population.

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Impact




July, 2024

The Philadelphia School of Psychoanalysis has had a significant impact on the mental health landscape in Philadelphia, particularly for the Medicaid population. By providing psychoanalytic training for mental health professionals and offering mental health services through its clinic, the school has played a crucial role in addressing the mental health needs of underserved communities. Their dedication to providing quality mental health services to those who may not otherwise have access demonstrates a commitment to improving the well-being of the community.




This information is meant to be a general summary of Philadelphia School Of Psychoanalysis. 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.

Revenue
$605,351 (2022)
Expenses
$557,860 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $587,307
  • Gross Receipts: $605,351

Assets and Liabilities:

  • Total Assets: $366,590
  • Total Liabilities: $391,008
  • Net Assets: -$24,418

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Offices of other health practitioners

Revenue

$538,887

Professional and Management Development Training

Revenue

$48,420

Organization Details

Founding Year

1973

Principal Officer

Lisacorreale

Main Address

313 S 16TH ST, PHILADELPHIA, PA, 191024908

NTEE Category

Code: B5XZ - Education

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