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Cincinnati Psychoanalytic Foundation Inc

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

EIN: 311788735 ✦ Cincinnati, OH ✦ Designated as a 501(c)(3)

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Overview

What is Cincinnati Psychoanalytic Foundation Inc?

Cincinnati Psychoanalytic Foundation Inc is a nonprofit organization located at 3001 Highland Avenue C, Cincinnati, Ohio 45219. Its primary objective is to financially support the Cincinnati Psychoanalytic Institute, enabling it to maintain and enhance its core adult psychoanalytic and psychotherapy training programs. The foundation aims to expand the institute's reach to incorporate mental health professionals from various educational backgrounds and experiences within a 150-mile radius of its main office. Furthermore, it supports the establishment and continuation of child and adolescent psychoanalytic and psychotherapeutic training programs. Additionally, the foundation maintains and updates the Frederic T. Kapp Memorial Library, serving as the region's premier collection of psychoanalytic books and journals. To facilitate distance learning, the foundation also invests in technology. In essence, the organization's mission is to fund the Cincinnati Psychoanalytic Institute and its endeavors, focusing on educating mental health professionals in psychoanalytic and psychotherapeutic methods.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79% (Three-Star out of Four Stars)

The Cincinnati Psychoanalytic Foundation Inc has earned a Three-Star rating from Charity Navigator, reflecting a solid performance in Accountability & Finance. With a score of 79%, the organization's rating is derived entirely from its financial transparency and adherence to best practices in governance, particularly noted during the most recent fiscal year, FY2023.

Strengths of the foundation include a fully independent board, with all 8 members meeting the criteria, and a strong track record of not diverting assets. The organization maintains effective policies such as a conflict of interest policy, a whistleblower policy, and a document retention policy, all of which contribute positively to its governance framework. Additionally, a notable program expense ratio of 85.82% indicates that a significant portion of its resources is directed towards its mission-related activities.

While the ratings indicate strong financial practices, the overall score solely based on financial metrics may suggest limitations in evaluating other qualitative aspects of the nonprofit's impact or program effectiveness. Continued transparency and adherence to best practices will be essential for maintaining and improving its rating in the future.


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

Is Cincinnati Psychoanalytic Foundation Inc legitimate?

Cincinnati Psychoanalytic Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cincinnati Psychoanalytic Foundation 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: $0

For more financial information, click here

What is the mission statement of Cincinnati Psychoanalytic Foundation Inc?

The mission of Cincinnati Psychoanalytic Foundation Inc is primarily focused on supporting the Cincinnati Psychoanalytic Institute and its initiatives. This organization aims to fund various endeavors that primarily involve training mental health professionals in psychoanalytic and psychotherapeutic methods. The foundation has successfully raised funds to establish an endowment, which is utilized to maintain the core adult psychoanalytic and psychotherapy training programs. Furthermore, it seeks to initiate, gain accreditation for, and continue to offer child and adolescent psychoanalytic and psychotherapeutic training programs. Additionally, the foundation strives to broaden the reach of the institute, including mental health professionals from various educational backgrounds and experiences within a 150-mile radius. Lastly, the foundation maintains and updates the Frederic T. Kapp Memorial Library, serving as the region's premier collection of psychoanalytic books and journals. It also invests in technology to expand the institute's distance teaching abilities.

Who is the CEO of Cincinnati Psychoanalytic Foundation Inc?

John Parlin is the President of Cincinnati Psychoanalytic Foundation Inc.

What is the revenue of Cincinnati Psychoanalytic Foundation Inc?

Cincinnati Psychoanalytic Foundation Inc's revenue in 2022 was $58,469.

Who are the executives of Cincinnati Psychoanalytic Foundation Inc and what are their salaries?

There 2 volunteers at Cincinnati Psychoanalytic Foundation Inc.


Here are 2 key members and their salaries:


John Parlin Md (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lance White (Secretary And Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cincinnati Psychoanalytic Foundation Inc?

Cincinnati Psychoanalytic Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Cincinnati Psychoanalytic Foundation Inc

The Cincinnati Psychoanalytic Foundation's primary objective is to financially support the Cincinnati Psychoanalytic Institute and its various endeavors. This institution focuses on educating mental health professionals in psychodynamic and psychotherapeutic methods. The foundation has been successful in raising substantial funds to establish an endowment, which aids the institute in maintaining its core adult psychoanalytic and psychotherapy training programs. Furthermore, the foundation has worked towards initiating, gaining accreditation for, and continuing to offer child and adolescent psychoanalytic and psychotherapeutic training programs.

In addition to this, the Cincinnati Psychoanalytic Foundation aims to broaden the reach of the institute, including mental health professionals with diverse educational backgrounds and experiences within a 150-mile radius of the institute's main office. The foundation also plays a role in maintaining and updating the Frederic T. Kapp Memorial Library, which serves as the region's premier collection of psychoanalytic books and journals. Lastly, the foundation invests in technology to expand the institute's distance teaching capabilities, thereby making its educational offerings more accessible to a wider audience.

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Impact




August, 2024

Cincinnati Psychoanalytic Foundation Inc's impact lies in its dedication to funding the Cincinnati Psychoanalytic Institute and its initiatives, primarily focused on training mental health professionals in psychoanalytic and psychotherapeutic methods. Through successful fundraising efforts, the organization has established an endowment to support the institute in maintaining core training programs, expanding offerings to include child and adolescent psychoanalytic training, reaching mental health professionals across a wide geographic area, maintaining a top-tier library collection, and enhancing distance teaching capabilities with technology. This impact is crucial for advancing the field of psychoanalysis and supporting the education of mental health professionals in the region.




This information is meant to be a general summary of Cincinnati Psychoanalytic Foundation 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.

Revenue
$58,469 (2022)
Expenses
$231,357 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $58,469
  • Gross Receipts: $1,399,263

Assets and Liabilities:

  • Total Assets: $4,540,991
  • Total Liabilities: $0
  • Net Assets: $4,540,991

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Organization Details

Founding Year

2001

Principal Officer

John Parlin

Main Address

3001 HIGHLAND AVENUE C, CINCINNATI, OH, 45219

NTEE Category

Code: B99 - Education

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