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Psychological Solutions Company

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

EIN: 811040196 ✦ Milligan college, TN ✦ Designated as a 501(c)(3)

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Overview

What is Psychological Solutions Company?

Psychological Solutions Company, located in Milligan College, Tennessee, is a nonprofit organization dedicated to providing mental health services. Focusing on low-income individuals and families in the upper East Tennessee area, they offer a range of services, including substance abuse counseling through a contract with Dragonfly Medical PC. Their mission is to support the mental health needs of their community, striving to make their services accessible to those who require assistance the most. With just one employee, this organization is making a significant impact in the region, providing a critical safety net for those seeking help.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 67% (Two-Star out of Four Stars)

Psychological Solutions Company has received a Two-Star rating from Charity Navigator, indicating room for improvement in its overall performance. The organization scored 67% based on its Accountability & Finance metrics, highlighting both strengths and areas that require attention. Notably, it boasts a fully independent board, which is a positive reflection of its governance practices.

Strengths include a high program expense ratio of 99.76%, suggesting that the majority of its funds are directed towards its programs rather than administrative costs. Additionally, the organization has demonstrated strong financial management with no material diversion of assets, and it maintains transparency by documenting board meeting minutes consistently.

However, despite these strengths, the overall rating suggests that there may be concerns about other aspects of the organization that could be improved. Stakeholders might consider looking for additional details regarding its operational impact and sustainability to get a more comprehensive view of its effectiveness.


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

Is Psychological Solutions Company legitimate?

Psychological Solutions Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Psychological Solutions Company 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: $366,430
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Psychological Solutions Company?

The Psychological Solutions Company is dedicated to delivering mental health services, with a focus on assisting low-income individuals and families. Their mission is centered around providing essential mental health support in the Upper East Tennessee area. As part of their initiatives, they offer free substance abuse counseling through a contract with Dragonfly Medical PC. Their goal is to ensure accessible mental health care for those who might otherwise struggle to afford it.

Who is the CEO of Psychological Solutions Company?

Alicia M Caffrey is the President of Psychological Solutions Company.

What is the revenue of Psychological Solutions Company?

Psychological Solutions Company's revenue in 2022 was $408,950.

Who are the executives of Psychological Solutions Company and what are their salaries?

The average compensation at Psychological Solutions Company during 2022 was $366,430. There is 1 employee at Psychological Solutions Company.


Here are 3 key members and their salaries:


Alicia M Caffrey (President)
  • Compensation: $366,430
  • Related: $0
  • Other: $27,000
Matthew Caffrey Md (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Allen Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Psychological Solutions Company?

Psychological Solutions Company's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Psychological Solutions Company

The Psychological Solutions Company, a non-profit organization, is dedicated to delivering mental health services to low-income individuals and families residing in the Upper East Tennessee area. At its core, the organization's mission revolves around providing essential mental health support to those who might otherwise lack access to it.

To further this mission, the Psychological Solutions Company has entered into a contract with Dragonfly Medical PC, offering free substance abuse counseling to those in need. This initiative underscores the organization's commitment to making a meaningful difference in the lives of its community members, particularly those struggling with addiction.

By offering these vital services, the Psychological Solutions Company aims to create a healthier and more resilient community, where everyone, regardless of their financial situation, has access to the mental health support they need to live fulfilling lives.

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Impact




June, 2024

Psychological Solutions Company has made a significant impact by providing mental health services to low-income individuals and families in the Upper East Tennessee area. Through their mission to offer these crucial services, they have assisted many individuals in managing their mental health challenges and improving their overall well-being. Additionally, by offering free substance abuse counseling in collaboration with Dragonfly Medical PC, they have further extended their reach and support to those in need. Their dedication to serving the community and promoting mental health demonstrates their commitment to making a positive difference in the lives of others.




This information is meant to be a general summary of Psychological Solutions Company. 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
$408,950 (2022)
Expenses
$413,903 (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: $408,950
  • Gross Receipts: $408,950

Assets and Liabilities:

  • Total Assets: $3,871
  • Total Liabilities: $13,951
  • Net Assets: -$10,080

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Programs

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

PROGRAM SERVICES

Revenue

$408,950

Organization Details

Founding Year

2016

Principal Officer

Alicia M Caffrey

Main Address

101 NETH DR PO BOX 658, MILLIGAN COLLEGE, TN, 37682

NTEE Category

Code: F30 - Mental health

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