Overview
What is Psfc?
Psfc, based in San Francisco, California, is a nonprofit organization that is committed to funding research on innovative mental health treatments and advancing patient access to these therapies. They provide financial assistance to both academic institutions and nonprofit organizations working in this field. Additionally, Psfc offers advisory support to scientists and organizations within the mental health sector, acting as a valuable resource for philanthropists and grantmaking organizations. Their mission involves supporting clinical trials and ensuring patient access to these groundbreaking treatments, thereby contributing to the overall advancement of mental health care. With a team of six dedicated individuals, Psfc plays a significant role in driving progress in the mental health field.
Official website here: www.psfc.co
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% - Three-Star out of Four Star rating
Psfc has achieved a Three-Star rating from Charity Navigator, with a strong focus on accountability and finance. The overall score reflects a solid performance, particularly in financial management, where they scored well across various metrics, including a high program expense ratio of 93.34% and outstanding fundraising efficiency. This indicates that the organization effectively utilizes its resources to deliver its programs while maintaining low operational costs.
The charity's transparency is commendable, with all required policies in place and no material diversion of assets reported. The organization has also demonstrated strong governance practices by ensuring that Board meeting minutes are documented and that tax forms are distributed to board members prior to filing. The comprehensive approach to accountability contributes positively to their overall score.
While Psfc has received a solid rating, it is always beneficial for nonprofits to further enhance their outreach and fund allocation strategies. Continuous improvement in these areas can help build even greater trust and support from the community they serve.
This AI summary has been generated from information found on Charity Navigator.
Is Psfc legitimate?
Psfc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Psfc 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: $181,595
Professional Fundraising Fees: $0
Other Salaries and Wages: $380,522
For more financial information, click here
Official website here: www.psfc.co
What is the mission statement of Psfc?
The organization known as Psfc is committed to supporting research and clinical trials on new mental health treatments, with a focus on ensuring patient access to these advancements. They provide funding to non-profit and academic organizations working in this field, offering advisory support to scientists and organizations in the mental health sector. Furthermore, Psfc plays a crucial role in facilitating patient access to care and serves as an educational resource for philanthropists and grantmaking organizations.
Official website here: www.psfc.co
Who is the CEO of Psfc?
Graham Boyd is the Deputy Director of Psfc.
Official website here: www.psfc.co
What is the revenue of Psfc?
Psfc's revenue in 2022 was $4,091,433.
Official website here: www.psfc.co
Who are the executives of Psfc and what are their salaries?
The average compensation at Psfc during 2022 was $93,686. There are 6 employees at Psfc.
Here are 4 key members and their salaries:
- Compensation: $159,571
- Related: $0
- Other: $12,988
- Compensation: $0
- Related: $0
- Other: $9,038
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.psfc.co
Where can I find the form 990 for Psfc?
Psfc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.psfc.co
Learn more at the official website: www.psfc.co
Mission Statement of Psfc
Psfc, an organization dedicated to mental health, focuses on supporting research and clinical trials for innovative mental health treatments and ensuring patient access to these advancements. This nonprofit provides funding to nonprofit and academic organizations engaged in mental health research, offering advisory support to scientists and organizations in the field. Furthermore, Psfc works towards enhancing patient access to mental health care and serves as an educational resource for philanthropists and grantmaking organizations.
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Impact
July, 2024
Psfc's impact lies in its support of research on and clinical trials of new mental health treatments, as well as its efforts to improve patient access to these treatments. By providing funding to nonprofit and academic organizations, offering advisory support to scientists and organizations in the mental health field, and serving as an educational resource for philanthropists and grantmaking organizations, Psfc plays a critical role in advancing mental health care. Through its activities in San Francisco, California, Psfc contributes to the development of innovative treatment options and the enhancement of patient care in the realm of mental health.
This information is meant to be a general summary of Psfc. 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: $49,441
- Program Service Revenue: $159,967
- Gross Receipts: $4,091,433
Assets and Liabilities:
- Total Assets: $7,546,245
- Total Liabilities: $157,854
- Net Assets: $7,388,391
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Conference fees
Revenue
$159,967
Organization Details
Founding Year
2018
Phone
(617) 697-0277Principal Officer
Graham Boyd
Main Address
PO Box 170235, San Francisco, CA, 94117
Website
www.psfc.coNTEE Category
Code: H12 - Medical research
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