Plano, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Texas Institute For Professional Psychology, founded in 2020, is a small nonprofit that reported $200K in total revenue in fiscal year 2020. The organization ran a surplus of $55K, a strong 27% operating margin.
The purpose of the Texas Institute of Professional Psychology is to provide and facilitate education leading to a Doctorate in Clinical Psychology (PsyD) that meets or exceeds rules and regulations set out by THECB, SACS and the American Psychology Association (APA), community mental health by the placement of TIPP students with existing clinics and organizations locally and nationally, as part of the required learning experiences, and providing Continuing Education Units (CEUs) Seminars for the general professional public. - The process for becoming the institute laid out in the purpose is a lengthy one. TIPP has made advances toward the purpose of providing CEU Units, through work with consultants.
Academic Programs: TIPP has worked tirelessly with consultants to complete all sections of the Texas Workforce Commission application for Certificate of Approval under the heading of Career Colleges...
Academic Programs: TIPP has worked tirelessly with consultants to complete all sections of the Texas Workforce Commission application for Certificate of Approval under the heading of Career Colleges and Schools. This involves securing and preparing initial classroom space, writing all curricula and syllabi for TIPP's initial academic offering, the Advanced Psychoanalytic Patient Care Program - which will be a CEU driven program until such time as TIPP may file with the state to be a degree granting institution and then for regional and programmatic accreditation, as laid out in the purpose. All curricula have been reviewed and approved by outside experts, TIPP has secured and built out a Learning Management System for student use, made proper arrangements for collection of tuition, written all institute catalogs and supporting documents, and secured faculty for initial offerings, with the plan of beginning to accept students in Summer 2021. Meanwhile, TIPP has also consulted with experts and begun the initial critical steps to fulfill the long-term mission of regional and APA accreditation. The infrastructure necessary to responsibly admit and educate students has been put into place.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2020 | 2019 | Change | |
|---|---|---|---|
| Revenue | $200,000 | N/A | N/A |
| Expenses | $145,471 | N/A | N/A |
| Net Income | $54,529 | $0 | N/A |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Marie Krebs | Board Chair | 2.00 |
Director
|
$0 | $0 | $0 |
| Jannis Moody | Board Vice Chair | 2.00 |
Director
|
$0 | $0 | $0 |
| Marcy Kujak | Board Secretary | 2.00 |
Director
|
$0 | $0 | $0 |
| Monika Arris | Board Treasurer | 2.00 |
Director
|
$0 | $0 | $0 |
| Leigh Kamore-Haynes | Board Member-at-Large | 2.00 |
Director
|
$0 | $0 | $0 |
| Michael Leach | Board President/Dean | 40.00 |
Officer
|
$33,846 | $0 | $33,846 |
| Mark Matthews | Board Executive Vice President/Director of Clinical Training | 40.00 |
Officer
|
$33,846 | $0 | $33,846 |
| Vicki Clear | Provost | 40.00 |
Officer
|
$34,231 | $0 | $34,231 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2020 | $200,000 | $145,471 | $54,529 | $54,529 |
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