Is Advanced Center For Psychotherapy Inc…

Quick charity verification for Advanced Center For Psychotherapy Inc (EIN: 111864871)

Red Flags

Persistent operating deficits: Expenses have consistently exceeded revenue for at least the past 10 years, indicating a structural financial imbalance (e.g., 2023: $7.38M expenses vs. $6.3M revenue).
Significant and growing liabilities: Liabilities have dramatically increased, reaching $7,478,735 in 2023, far surpassing assets.
Negative net asset position: Assets ($465,359 in 2023) are substantially less than liabilities ($7,478,735 in 2023), indicating severe financial distress.
Declining asset base: Total assets have decreased significantly over the past decade, from $1,631,524 in 2014 to $465,359 in 2023.
Lack of transparency on executive compensation: Consistent reporting of 0% officer compensation without further explanation raises questions about how leadership is compensated.

Spending Breakdown

How Advanced Center For Psychotherapy Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Advanced Center For Psychotherapy Inc

Is Advanced Center For Psychotherapy Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Advanced Center For Psychotherapy Inc (EIN: 111864871) shows mixed signals. Mission Score: 40/100. 5 red flags identified, 2 strengths noted.

Is Advanced Center For Psychotherapy Inc a good charity to donate to?

Advanced Center For Psychotherapy Inc has a Mission Score of 40/100. Revenue: $7.2M. Assets: $628K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Advanced Center For Psychotherapy Inc?

The Employer Identification Number (EIN) for Advanced Center For Psychotherapy Inc is 111864871. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Advanced Center For Psychotherapy Inc spend its money?

Advanced Center For Psychotherapy Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Advanced Center For Psychotherapy Inc's tax-exempt status?

You can verify Advanced Center For Psychotherapy Inc's tax-exempt status using EIN 111864871 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Advanced Center For Psychotherapy Inc has consistently operated with expenses exceeding revenue for the past decade, indicating a structural deficit. For instance, in 2023, expenses were $7,385,889 against revenues of $6,309,664, resulting in a deficit of over $1 million. This trend has led to a concerning financial position, with liabilities significantly outweighing assets. In 2023, liabilities stood at $7,478,735 compared to assets of $465,359, representing a negative net asset position. The organization's assets have also shown a declining trend, from $1,631,524 in 2014 to $465,359 in 2023.

The organization's spending efficiency is difficult to fully assess without a detailed functional expense breakdown (program, administrative, fundraising). However, the consistent operational deficits suggest that current revenue streams are insufficient to cover ongoing expenses. The lack of reported officer compensation across all filings indicates either a volunteer leadership structure or that compensation is reported under other expense categories, which could impact transparency regarding executive pay. The significant and growing liabilities, particularly in relation to shrinking assets, raise serious questions about the long-term financial viability and sustainability of the organization.

While the organization consistently files its IRS 990s, which contributes to basic transparency, the financial health indicators are concerning. The substantial and increasing liabilities, coupled with declining assets and persistent operating deficits, point to significant financial challenges. A deeper dive into the nature of these liabilities and the organization's plan to address them would be crucial for a complete understanding of its financial stability.

Is Advanced Center For Psychotherapy Inc Legit?

Verdict: Advanced Center For Psychotherapy Inc shows mixed signals