ADVANCED CENTER FOR PSYCHOTHERAPY INC (EIN 111864871) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1962

Legal Domicile

Principal Officer

MOUNIR F DOSS

Phone

7182066891

Tax Period

2023-01-01 to 2023-12-31

ADVANCED CENTER FOR PSYCHOTHERAPY INC, founded in 1962, is a community nonprofit in the Mental Health sector that reported $6.3M in total revenue in fiscal year 2023. Expenses of $7.4M exceeded revenue, resulting in a 17% operating deficit.

Mission

TO PROVIDE LOW COST PSYCHIATRIC COUNSELING.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $6,309,664

Investment Income $0

Other Revenue $0

TOTAL REVENUE $6,309,664

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,920,050

Fundraising Expenses $0

Program Expenses $6,489,900

Other Expenses $3,465,839

TOTAL EXPENSES $7,385,889

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,309,664	$6,063,859	+0.0%
Expenses	$7,385,889	$7,583,190	0.0%
Net Income	$-1,076,225	$-1,519,331	-0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$3,133,585

Total Directors

$3,948,103

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANTHONY MAFFIA	VICE PRESIDENT	1.00	Officer Director	$0	$62,218	$485,198
DINSHAW BAMJI MD	MEMBER	1.00	Director	$0	$0	$0
MANZAR SASSANI	TREASURER	1.00	Officer Director	$0	$62,218	$752,717
MOUNIR F DOSS	SECRETARY	2.50	Officer Director	$0	$62,218	$1,895,670
WILLIAM LYNCH	MEMBER	1.00	Director	$0	$32,483	$814,518
DANIEL CHEN MD	PRESIDENT	1.00	Officer	$0	$0	$0
MIKHAIL DANIELOV	PSYCHO THERAPIST	40.00	Highest	$172,549	$44,033	$216,582
ATTILIIO RIZZO	PSYCHO THERAPIST	40.00	Highest	$117,794	$37,161	$154,955
SYLVIA INDO	PSYCHO THERAPIST	40.00	Highest	$101,700	$35,141	$136,841
CHEVON ROBERTS	PSYCHO THERAPIST	40.00	Highest	$100,404	$34,979	$135,383

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$6,309,664	$7,385,889	$465,359	$-1,076,225
2022	$6,063,859	$7,583,190	$601,644	$-1,519,331
2021	$6,387,466	$7,291,806	$1,037,322	$-904,340
2020	$6,284,293	$6,750,865	$1,093,474	$-466,572
2019	$5,359,112	$6,406,031	$1,020,690	$-1,046,919
2018	$5,158,761	$5,829,028	$829,043	$-670,267

ADVANCED CENTER FOR PSYCHOTHERAPY INC