VIRGINIA ACADEMY OF CLINICAL PSYCHOLOGISTS LTD

EIN: 541199578

HENRICO, VA

Total Revenue
$174,134
Total Expenses
$188,221
Total Assets
$506,815
Net Assets
$506,815
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
VA
Principal Officer
B BENNETT KEENEY JR
Phone
8046437300
Tax Period
2023-01-01 to 2023-12-31

VIRGINIA ACADEMY OF CLINICAL PSYCHOLOGISTS LTD, founded in 1981, is a small nonprofit that reported $174K in total revenue in fiscal year 2023. Net assets of $507K represent 35 months of operating reserves.

Mission

TO ADVANCE CLINICAL PSYCHOLOGY AS A SCIENCE AND PROFESSION AND AS A MEANS OF PROMOTING HUMAN WELFARE; TO IMPROVE THE QUALIFICATIONS AND USEFULNESS OF CLINICAL PSYCHOLOGISTS THROUGH HIGH STANDARDS OF ETHICS, CONDUCT, EDUCATION, AND ACHIEVEMENT; TO INCREASE AND DISSEMINATE PSYCHOLOGICAL KNOWLEDGE THROUGH MEETINGS, PROFESSIONAL CONTACTS, REPORTS, PAPERS, DISCUSSIONS AND PUBLICATIONS; TO ADVANCE SCIENTIFIC INTERESTS AND INQUIRY AND THE APPLICATION OF RESEARCH FINDINGS TO THE PROMOTION OF HEALTH AND PUBLIC WELFARE; AND TO ADVANCE THE INTERESTS OF MEMBER CLINICAL PSYCHOLOGISTS AS A MEANS OF SUPPORTING THE DELIVERY OF QUALITY HEALTH CARE SERVICES TO THE PUBLIC.

Program Service Accomplishments

Program 1

THE ORGANIZATION HAS 600 MEMBERS AND PROVIDES MEMBER BENEFITS INCLUDING SEMINARS AND CONFERENCES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,000
Program Service Revenue $149,284
Investment Income $18,272
Other Revenue $3,578
TOTAL REVENUE $174,134

Expense Breakdown

Grants Paid $0
Salaries & Benefits $13,000
Fundraising Expenses $0
Other Expenses $175,221
TOTAL EXPENSES $188,221

Year-over-Year Comparison

2023 2022 Change
Revenue $174,134 $174,360 0.0%
Expenses $188,221 $154,656 +0.2%
Net Income $-14,087 $19,704 -1.7%
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

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
17

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
5
$13,000
Total Directors
9
$13,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALICIA MEYER PRESIDENT 2.00
Officer Director
$10,000 $0 $10,000
JEREMY WALDEN PRESIDENT-ELECT 2.00
Officer Director
$3,000 $0 $3,000
HEATHER BRUSCHWEIN SECRETARY 1.00
Officer Director
$0 $0 $0
KIM PENBERTHY TREASURER 1.00
Officer Director
$0 $0 $0
ED TILLER PAST PRESIDENT 0.50
Director
$0 $0 $0
JENNIFER MORGAN BOARD MEMBER 0.50
Director
$0 $0 $0
JOANNA YOST BOARD MEMBER 0.50
Director
$0 $0 $0
RIDJIE CHERY BOARD MEMBER 0.50
Director
$0 $0 $0
COURTNEY FERENZE BOARD MEMBER 0.50
Director
$0 $0 $0
B BENNETT KEENEY JR ASSOCIATE EXECUTIVE DIRECT 15.00
Officer
$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 $174,134 $188,221 $506,815 $-14,087
2022 $174,360 $154,656 $483,725 $19,704
2021 $168,917 $127,024 $550,596 $41,893
2020 $125,283 $120,277 $480,977 $5,006
2019 $165,336 $151,668 $445,690 $13,668
2018 $144,529 $147,971 $382,477 $-3,442
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