AMERICAN ACADEMY OF PSYCHIATRY & THE LAW (EIN 382247667) - 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

1969

Legal Domicile

Principal Officer

DANA COOPER

Phone

8602433977

Tax Period

2023-01-01 to 2023-12-31

AMERICAN ACADEMY OF PSYCHIATRY & THE LAW, founded in 1969, is a small nonprofit that reported $884K in total revenue in fiscal year 2023. Expenses of $1.3M exceeded revenue, resulting in a 48% operating deficit.

Mission

TO PROMOTE A BETTER UNDERSTANDING OF PYSCHIATRY AND THE LAW AND SET GUIDELINES FOR THE ETHICAL PRACTICE OF FORENSIC PSYCHIATRY.

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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 $796,760

Investment Income $81,382

Other Revenue $6,161

TOTAL REVENUE $884,303

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,087,615

Other Expenses $1,309,084

TOTAL EXPENSES $1,309,084

Year-over-Year Comparison

	2023	2022	Change
Revenue	$884,303	$899,097	0.0%
Expenses	$1,309,084	$1,018,243	+0.3%
Net Income	$-424,781	$-119,146	+2.6%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES KNOLL MD	PRESIDENT	0.25	Officer Director	$0	$0	$0
TRENT HOLMBERG MD	CO-VICE PRESIDENT	0.25	Officer Director	$0	$0	$0
KAREN ROSENBAUM MD	CO-VICE PRESIDENT	0.25	Officer Director	$0	$0	$0
STUART ANFANG MD	TREASURER	0.25	Officer Director	$0	$0	$0
RENEE M SORRENTINO MD	SECRETARY	0.25	Officer Director	$0	$0	$0
CHARLES DIKE MD	PRESIDENT ELECT	0.25	Director	$0	$0	$0
SUSAN HATTERS-FREDMAN MD	IMMEDIATE PRESIDENT	0.25	Director	$0	$0	$0
CATHLEEN A CERNY-SUELZER MD	DIRECTOR	0.25	Director	$0	$0	$0
WILLIMA CONNOR DARBY MD	DIRECTOR	0.25	Director	$0	$0	$0
CHINMOY GULRAJANI MD	DIRECTOR	0.25	Director	$0	$0	$0
ABHISHEK JAIN MD	DIRECTOR	0.25	Director	$0	$0	$0
PRAVEEN KAMBAM MD	DIRECTOR	0.25	Director	$0	$0	$0
ANNE MCBRIDE MD	DIRECTOR	0.25	Director	$0	$0	$0
ROSE NEGRON-MUNOZ MD	DIRECTOR	0.25	Director	$0	$0	$0
ARIANA NESBIT MD	DIRECTOR	0.25	Director	$0	$0	$0
JAMES REYNOLDS MD	DIRECTOR	0.25	Director	$0	$0	$0
JOESEPH SIMPSON MD	DIRECTOR	0.25	Director	$0	$0	$0
ASHLEY VANDERCAR MD	DIRECTOR	0.25	Director	$0	$0	$0
TOBIAS D WASSER	DIRECTOR	0.25	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	$884,303	$1,309,084	$2,121,035	$-424,781
2022	$899,097	$1,018,243	$2,608,955	$-119,146
2021	$945,687	$725,097	$2,884,642	$220,590
2020	$696,538	$552,198	$2,435,232	$144,340
2019	$907,137	$937,765	$2,281,649	$-30,628

AMERICAN ACADEMY OF PSYCHIATRY & THE LAW