National Association for The Advan… - Form 990 Financial Data

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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

1972

Legal Domicile

Principal Officer

PATRICIA BRATT

Phone

2127410515

Tax Period

2023-01-01 to 2023-12-31

National Association for The Advancement of Psychoanalysis, founded in 1972, is a small nonprofit that reported $185K in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Expenses of $164K left a modest 11% surplus.

Mission

NAAP'S MISSION IS TO ELEVATE THE STANDARDS OF GRADUATE EDUCATION IN PSYCHOANALYSIS

Program Service Accomplishments

Program 1

Expenses: $154,318 Revenue: $172,167

ESTABLISH EDUCATIONAL STANDARDS FOR PSYCHOANALYTIC TRAINING. EXAMINE THE QUALIFICATIONS OF INDIVIDUALS FOR PSYCHOANALYST MEMBERSHIP IN NAAP, GRANT MEMBERSHIP TO INDIVIDUALS WHO HAVE MET THE...

ESTABLISH EDUCATIONAL STANDARDS FOR PSYCHOANALYTIC TRAINING. EXAMINE THE QUALIFICATIONS OF INDIVIDUALS FOR PSYCHOANALYST MEMBERSHIP IN NAAP, GRANT MEMBERSHIP TO INDIVIDUALS WHO HAVE MET THE STANDARDS, AND PUBLISH A NATIONAL REGISTRY OF MEMBERS IN GOOD STANDING, WORK TOWARD THE RECGONITION OF PSYCHOANALYSIS AS A SEPARATE PROFESSION.

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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 $12,419

Program Service Revenue $171,942

Investment Income $225

Other Revenue $0

TOTAL REVENUE $184,586

Expense Breakdown

Grants Paid $3,750

Salaries & Benefits $38,444

Fundraising Expenses $0

Program Expenses $154,318

Other Expenses $121,475

TOTAL EXPENSES $163,669

Year-over-Year Comparison

	2023	2022	Change
Revenue	$184,586	$218,179	-0.2%
Expenses	$163,669	$148,379	+0.1%
Net Income	$20,917	$69,800	-0.7%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICIA BRATT	PRESIDENT	5.00	Officer Director	$0	$0	$0
DOUGLAS MAXWELL	PAST PRESIDENT	5.00	Director	$0	$0	$0
RICHARD ARONSTEIN	PUBLIC REPRESENTATIVE	5.00	Director	$0	$0	$0
NUNZIO GUBITOSA	GRADIVA CHAIR	5.00	Director	$0	$0	$0
RONALD OKUAKI LIEBER	BOARD MEMBER	5.00	Director	$0	$0	$0
MARY MASSARO	BOARD MEMBER	5.00	Director	$0	$0	$0
JEFFREY WERDEN	BOARD MEMBER	5.00	Director	$0	$0	$0
JESSICA MITCHELL	MEMBERSHIP CHAIR	5.00	Director	$0	$0	$0
JENNIFER HARPER	LEGISLATIVE CHAIR	5.00	Director	$0	$0	$0

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	$184,586	$163,669	$322,340	$20,917
2022	$218,179	$148,379	$369,235	$69,800
2021	$200,091	$146,889	$330,088	$53,202
2020	$215,338	$159,466	$204,512	$55,872
2019	$213,221	$161,615	$146,164	$51,606

National Association for The Advancement of Psychoanalysis