INTERNATIONAL POSITIVE PSYCHOLOGY ASSOCIATION

EIN: 261629251 501(c)(3) Mental Health

APPLE VALLEY, MN

Total Revenue
$398,696
Total Expenses
$362,038
Total Assets
$342,341
Net Assets
$301,575
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
AZ
Principal Officer
ANDREW SOREN
Phone
8883899687
Tax Period
2024-01-01 to 2024-12-31

INTERNATIONAL POSITIVE PSYCHOLOGY ASSOCIATION, founded in 2008, is a small nonprofit in the Mental Health sector that reported $399K in total revenue in fiscal year 2024. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $362K left a modest 9% surplus.

Mission

TO CREATE RIGOROUS STANDARDS FOR POSITIVE PSYCHOLOGY SO THE FIELD REPRESENTS BEST CURRENT KNOWLEDGE

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $122,288
Program Service Revenue $153,202
Investment Income $10,602
Other Revenue $112,604
TOTAL REVENUE $398,696

Expense Breakdown

Grants Paid $376
Salaries & Benefits $48,399
Fundraising Expenses $0
Program Expenses $177,116
Other Expenses $313,263
TOTAL EXPENSES $362,038

Year-over-Year Comparison

2024 2023 Change
Revenue $398,696 $628,708 -0.4%
Expenses $362,038 $590,328 -0.4%
Net Income $36,658 $38,380 0.0%
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

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Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
9
Independent Members
9
Employees
1
Volunteers
100

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
7
$46,179
Total Directors
10
$46,179
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCOTT PEARL EXECUTIVE DIRECTOR (UNTIL FEB) 40.00
Officer Director
$38,965 $7,214 $46,179
KRISTIN PETERSON INTERIM EXECUTIVE DIRECTOR (FROM FEB) 20.00
Officer Director
$0 $0 $0
ROY BAUMEISTER PRESIDENT 2.00
Officer Director
$0 $0 $0
DIANNE VELLA-BRODERICK PRESIDENT-ELECT 2.00
Officer Director
$0 $0 $0
MEIKE BARTELS PAST PRESIDENT 2.00
Officer Director
$0 $0 $0
ANDREW SOREN TREASURER 1.00
Officer Director
$0 $0 $0
KIM CAMERON SECRETARY 2.00
Officer Director
$0 $0 $0
TAYYAB RASHID MEMBER-AT-LARGE 1.00
Director
$0 $0 $0
DANIEL SHEK MEMBER-AT-LARGE 1.00
Director
$0 $0 $0
MICHAEL STEGER MEMBER-AT-LARGE 1.00
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 $398,696 $362,038 $342,341 $36,658
2023 $628,708 $590,328 $444,973 $38,380
2022 $192,154 $391,743 $362,560 $-199,589
2021 $548,435 $525,715 $564,495 $22,720
2020 $276,559 $393,667 $501,684 $-117,108
2019 $658,579 $457,802 $710,232 $200,777
2018 $147,275 $299,349 $414,344 $-152,074
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