Overview
What is Michigan Psychoanalytic Foundation Inc?
The Michigan Psychoanalytic Foundation Inc, located at 32841 Middlebelt Rd STE 411, Farmington Hills, MI 48334, is a nonprofit organization that primarily supports the Michigan Psychoanalytic Institute. Their mission is multifaceted, encompassing financial aid for the educational, clinical, and research programs of the Institute. Specifically, they aim to further public understanding and appreciation of psychoanalysis, and to promote outreach and pro bono programs that benefit Michigan state residents. Their work is aimed at enhancing the Institute's mission, with a focus on increasing awareness, promoting psychoanalysis, and offering community services.
Official website here: www.mipsychoanalysis.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 88%, Three-Star out of Four Star rating.
The Michigan Psychoanalytic Foundation Inc has earned a commendable rating of 88%, reflecting strong accountability and financial practices. The organization boasts a fully independent board, which indicates a robust governance structure. Their financial statements are in order, and there are no reported issues regarding the diversion of assets, enhancing the transparency of their operations.
While the foundation demonstrates strengths in several areas, it has been noted that it lacks a conflict of interest policy and a whistleblower policy, which are important components of organizational governance. Despite these limitations, their high program expense ratio of 95.47% suggests that a significant portion of their resources is allocated directly towards their mission-driven activities. Overall, the foundation appears to manage its finances well while actively supporting its core objectives.
This AI summary has been generated from information found on Charity Navigator.
Is Michigan Psychoanalytic Foundation Inc legitimate?
Michigan Psychoanalytic Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Michigan 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.
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Official website here: www.mipsychoanalysis.org
What is the mission statement of Michigan Psychoanalytic Foundation Inc?
The Michigan Psychoanalytic Foundation supports and enhances the work of the Michigan Psychoanalytic Institute by increasing public awareness and appreciation of psychoanalysis. They aim to promote outreach and pro bono programs that benefit the state, with a focus on raising awareness and providing psychoanalytic services to the wider community. The foundation's mission is to foster the educational, clinical, and research programs of the Michigan Psychoanalytic Institute, ultimately contributing to the overall growth and development of psychoanalytic practices.
Official website here: www.mipsychoanalysis.org
Who is the CEO of Michigan Psychoanalytic Foundation Inc?
John Gilkey Md is the President of Michigan Psychoanalytic Foundation Inc.
Official website here: www.mipsychoanalysis.org
What is the revenue of Michigan Psychoanalytic Foundation Inc?
Michigan Psychoanalytic Foundation Inc's revenue in 2022 was $563,006.
Official website here: www.mipsychoanalysis.org
Who are the executives of Michigan Psychoanalytic Foundation Inc and what are their salaries?
There 17 volunteers at Michigan Psychoanalytic Foundation Inc.
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Official website here: www.mipsychoanalysis.org
Where can I find the form 990 for Michigan Psychoanalytic Foundation Inc?
Michigan Psychoanalytic Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mipsychoanalysis.org
Learn more at the official website: www.mipsychoanalysis.org
Mission Statement of Michigan Psychoanalytic Foundation Inc
The Michigan Psychoanalytic Foundation, a nonprofit organization, is dedicated to supporting and enhancing the work of the Michigan Psychoanalytic Institute. Its mission is multifaceted, aiming to increase public awareness and appreciation of psychoanalysis while promoting outreach and pro bono programs that benefit the state of Michigan. The foundation achieves this by providing financial support for the educational, clinical, and research programs of the Michigan Psychoanalytic Institute. In essence, the Michigan Psychoanalytic Foundation serves as a pillar, strengthening the work of the institute and contributing to the broader society through its various initiatives.
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Impact
June, 2024
The Michigan Psychoanalytic Foundation Inc's impact lies in providing financial support for the educational, clinical, and research programs of the Michigan Psychoanalytic Institute. By supporting the institute, the foundation contributes to increasing public awareness and appreciation of psychoanalysis. Additionally, through outreach and pro bono programs, the foundation benefits the state of Michigan in the field of mental health.
This information is meant to be a general summary of Michigan 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $45,449
- Program Service Revenue: $88,260
- Gross Receipts: $668,119
Assets and Liabilities:
- Total Assets: $2,482,725
- Total Liabilities: $631,958
- Net Assets: $1,850,767
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT FROM AFFILIATE
Revenue
$88,260
Organization Details
Founding Year
1987
Phone
(248) 851-3380Principal Officer
John Gilkey Md
Main Address
32841 MIDDLEBELT RD STE 411, FARMINGTON HILLS, MI, 48334
Website
www.mipsychoanalysis.orgNTEE Category
Code: F80Z - Mental health
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