SINGULA INSTITUTE

EIN: 832004089 501(c)(3) Mental Health

NEW YORK, NY

Total Revenue
$364,411
Total Expenses
$314,258
Total Assets
$261,065
Net Assets
$254,649
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
NY
Principal Officer
MARC S LENER MD
Phone
2125315826
Tax Period
2023-01-01 to 2023-12-31

SINGULA INSTITUTE, founded in 2018, is a small nonprofit in the Mental Health sector that reported $364K in total revenue in fiscal year 2023. Revenue surged 53% from the prior year, signaling strong growth momentum. Expenses of $314K left a modest 14% surplus.

Mission

THE MISSION OF SINGULA INSTITUTE IS TO PROMOTE MENTAL HEALTH AND WELLNESS IN THE COMMUNITY THROUGH THE DEVELOPMENT OF A CLINICAL AND RESEARCH INSTITUTE TO UNDERSTAND AN INDIVIDUAL'S RISK FOR MENTAL ILLNESS AND TO TAILOR INTERVENTIONS BASED ON THE INDIVIDUAL'S UNIQUE COMBINATION OF BIOLOGICAL AND CLINICAL VARIABLES. USING SINGLE-SUBJECT RESEARCH DESIGN, WE PLAN TO USE INNOVATIVE COMPUTATIONAL METHODS, PSYCHOPHYSIOLOGICAL TESTS, AND CLINICAL ASSESSMENTS IN ORDER TO INTEGRATE AND EXTEND UPON EXISTING METHODS OF CLINICAL CARE (SPECIFICALLY, MEDICATIONS AND PSYCHOTHERAPY). WE ALSO PLAN TO BUILD A DATA REPOSITORY AND COLLABORATE WITH ACADEMIC AND NON-ACADEMIC PARTNERS TO IMPROVE TREATMENT ALTERNATIVES.

Program Service Accomplishments

Program 1
Expenses: $53,062 Revenue: $0

CLINICAL RESEARCH PROJECTS:OUR BOARD MEMBERS AND ADVISORS WORKED TOGETHER ON FURTHER DEVELOPING GOALS AND ANTICIPATED OUTCOMES OF CLINICAL RESEARCH AS PART OF A CLINICAL RESEARCH WORKING COMMITTEE...

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CLINICAL RESEARCH PROJECTS:OUR BOARD MEMBERS AND ADVISORS WORKED TOGETHER ON FURTHER DEVELOPING GOALS AND ANTICIPATED OUTCOMES OF CLINICAL RESEARCH AS PART OF A CLINICAL RESEARCH WORKING COMMITTEE. OUR MAIN CLINICAL RESEARCH PROTOCOL WAS SUBMITTED TO AND APPROVED BY OUR INSTITUTIONAL REVIEW BOARD AND PUBLISHED ON CLINICALTRIALS.GOV.

Program 2
Expenses: $35,375 Revenue: $0

HEALTHCARE OPERATIONS:INFORMATION TECHNOLOGY, HUMAN RESOURCES, FACILITIES, AND COMPLIANCE INFRASTRUCTURES WERE CREATED TO LAUNCH THE CLINICAL RESEARCH PROGRAM ALONGSIDE THE DEVELOPMENT OF BUSINESS...

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HEALTHCARE OPERATIONS:INFORMATION TECHNOLOGY, HUMAN RESOURCES, FACILITIES, AND COMPLIANCE INFRASTRUCTURES WERE CREATED TO LAUNCH THE CLINICAL RESEARCH PROGRAM ALONGSIDE THE DEVELOPMENT OF BUSINESS DEVELOPMENT AND OPERATIONAL PLANS.*** IN 2023, WE INITIATED AND ENROLLED 7 TOTAL PATIENTS (4 MALES, 3 FEMALES), AGE RANGING BETWEEN 24-60 YEARS OLD FOR WEEKLY TO BIWEEKLY IN-PERSON SESSIONS. WE COLLECTED PATIENT-REPORTED OUTCOMES & AUDIO/VIDEO RECORDINGS IN BETWEEN EACH SESSION TO MEASURE INTERVAL CLINICAL PROGRESS. WE SIMULTANEOUSLY MANAGED 5 CLINICAL APPLICATIONS AND 10 EXTERNAL PORTALS TO OPERATIONALIZE THE CLINIC, PANELED WITH 3 INSURANCE PAYORS TO FACILITATE PATIENT ACCESS TO CARE (UNITED BEHAVIORAL HEALTH/OPTUM/OXFORD, CIGNA/EVERNORTH, AND AETNA).

Program 3
Expenses: $34,351 Revenue: $0

STUDENT INTERNSHIPS:UNDERGRADUATE AND GRADUATE STUDENT INTERNS HAVE WORKED WITH US COVERING A BROAD ARRAY OF INTERESTS AND NEEDS, SUCH AS PUBLIC HEALTH, HEALTHCARE BUSINESS, AND MARKETING AND...

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STUDENT INTERNSHIPS:UNDERGRADUATE AND GRADUATE STUDENT INTERNS HAVE WORKED WITH US COVERING A BROAD ARRAY OF INTERESTS AND NEEDS, SUCH AS PUBLIC HEALTH, HEALTHCARE BUSINESS, AND MARKETING AND COMMUNICATIONS.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $348,588
Program Service Revenue $0
Investment Income $0
Other Revenue $15,823
TOTAL REVENUE $364,411

Expense Breakdown

Grants Paid $2,500
Salaries & Benefits $78,512
Fundraising Expenses $17,437
Program Expenses $127,532
Other Expenses $233,246
TOTAL EXPENSES $314,258

Year-over-Year Comparison

2023 2022 Change
Revenue $364,411 $238,740 +0.5%
Expenses $314,258 $283,206 +0.1%
Net Income $50,153 $-44,466 -2.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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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
10
Independent Members
10
Employees
N/A
Volunteers
20

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
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARC S LENER MD CEO 40.00
Officer Director
$0 $0 $0
BARRY PEEK ESQ CHAIR 2.00
Officer Director
$0 $0 $0
JOSHUA C RUBIN ESQ VICE CHAIR 3.00
Officer Director
$0 $0 $0
WILLIAM LANGDON SECRETARY 3.00
Officer Director
$0 $0 $0
CAROLINE LEE TREASURER 3.00
Officer Director
$0 $0 $0
KATHY ALIGENE MD DIRECTOR 1.00
Director
$0 $0 $0
DESMOND DODD DIRECTOR 3.00
Director
$0 $0 $0
ARVIND GOVINDARAJAN PHD DIRECTOR 1.00
Director
$0 $0 $0
RANDALL LEE DIRECTOR 1.00
Director
$0 $0 $0
KYLE SCHROEDER DIRECTOR 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
2023 $364,411 $314,258 $261,065 $50,153
2022 $238,740 $283,206 $153,782 $-44,466
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