THE ACADEMY OF COGNITIVE THERAPY

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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

2014

Legal Domicile

Principal Officer

JAMIE SCHUMPF

Phone

2157960842

Tax Period

2025-01-01 to 2025-12-31

THE ACADEMY OF COGNITIVE THERAPY, founded in 2014, is a small nonprofit in the Community Improvement sector that reported $442K in total revenue in fiscal year 2025. Revenue fell 47% from the prior year — a significant decline worth monitoring. Expenses of $654K exceeded revenue, resulting in a 48% operating deficit.

Mission

IT IS ACT'S MISSION TO IMPACT, IN A POSITIVE WAY, THE LIVES OF ALL THOSE AFFECTED BY DEPRESSION, ANXIETY, AND OTHER PSYCHIATRIC DISORDERS THROUGH EDUCATION, RESEARCH AND COMMUNITY SUPPORT. ACT SHALL EMPOWER CONSUMERS TO SEEK APPROPRIATE COGNITIVE BEHAVIORAL THERAPY FOR MENTAL ILLNESS WITH THE RECOGNITION THAT SUCH APPROPRIATE TREATMENT WILL IMPROVE THE QUALITY OF LIFE FOR PATIENTS, THEIR FAMILIES AND THEIR COMMUNITIES.

Program Service Accomplishments

Program 1

THE ACADEMY PROVIDES CERTIFICATION FOR QUALIFYING INDIVIDUALS AS A CERTIFIED COGNITIVE AND BEHAVIORAL THERAPIST. CERTIFIED MEMBERS SUBMIT ANNUAL DUES TO CONTINUE MEMBERSHIP AND MAINTAIN CERTIFICATION...

Program 2

THE ACADEMY PROVIDES CBT TRAININGS VIA OUR CERTIFIED TRAINER CONSULTANTS TO ORGANIZATIONS WHO CONTRACT WITH THE ACADEMY. CONTRACTED ORGANIZATIONS MAY INCLUDE GOVERNMENT ENTITIES, HIGHER EDUCATION...

THE ACADEMY PROVIDES CBT TRAININGS VIA OUR CERTIFIED TRAINER CONSULTANTS TO ORGANIZATIONS WHO CONTRACT WITH THE ACADEMY. CONTRACTED ORGANIZATIONS MAY INCLUDE GOVERNMENT ENTITIES, HIGHER EDUCATION, HEALTH PROVIDERS, AND NON-PROFIT ORGANIZATIONS. CONTRACTS ARE NEGOTIATED AND SIGNED BY THE EXECUTIVE DIRECTOR. CONTRACT UPDATES ARE GIVEN TO THE BOARD ON A QUARTERLY BASIS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $1,000

Program Service Revenue $441,143

Investment Income $287

Other Revenue $0

TOTAL REVENUE $442,430

Expense Breakdown

Grants Paid $0

Salaries & Benefits $280,834

Fundraising Expenses $0

Other Expenses $372,900

TOTAL EXPENSES $653,734

Year-over-Year Comparison

	2025	2024	Change
Revenue	$442,430	$835,925	-0.5%
Expenses	$653,734	$897,773	-0.3%
Net Income	$-211,304	$-61,848	+2.4%

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

$124,800

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMIE SCHUMPF	PRESIDENT	6.00	Officer Director	$0	$0	$0
SCOTT WALTMAN	PRESIDENT-ELECT	6.00	Officer Director	$0	$0	$0
MUDITA BAHADUR	TREASURER	6.00	Officer Director	$0	$0	$0
JANEE STEELE	SECRETARY	4.00	Officer Director	$0	$0	$0
JOEL BECKER	BOARD MEMBER	4.00	Director	$0	$0	$0
STEVEN HOLLON	BOARD MEMBER	4.00	Director	$0	$0	$0
MELISSA HARRISON	BOARD MEMBER	4.00	Director	$0	$0	$0
SIMON REGO	BOARD MEMBER (AS OF 1/2025)	4.00	Director	$0	$0	$0
HOLLIE GRANATO	BOARD MEMBER (AS OF 1/2025)	4.00	Director	$0	$0	$0
KELLEY JOYNER	OPERATIONS DIRECTOR	23.00	Officer	$124,800	$0	$124,800

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
2025	$442,430	$653,734	$1,033,198	$-211,304
2024	$835,925	$897,773	$1,185,479	$-61,848
2023	$731,661	$795,793	$1,053,949	$-64,132
2022	$757,089	$889,443	$1,116,172	$-132,354
2021	$779,248	$754,771	$1,323,858	$24,477
2020	$548,381	$602,183	$1,255,922	$-53,802
2019	$495,262	$480,241	$1,299,211	$15,021
2018	$835,617	$638,287	$1,263,583	$197,330