Quick charity verification for American Psychoanalytic Association (EIN: 131685533)
Verdict: American Psychoanalytic Association appears trustworthy
75/100Mission Score
$3.3MRevenue
$9.9MAssets
2Red Flags
4Strengths
Red Flags
Lack of detailed spending breakdown in summary data
Unusual 0% officer compensation reported for an organization of this size, requiring further investigation into full 990s
Strengths
Consistent growth in net assets, reaching $9,188,381 in 2023
Positive net income in most recent years (e.g., $763,613 in 2023, $1,973,451 in 2022)
Stable revenue generation over the past decade, averaging over $3 million annually
Strong financial reserves with assets significantly exceeding liabilities (e.g., $9,188,381 assets vs. $1,517,778 liabilities in 2023)
Spending Breakdown
How American Psychoanalytic Association allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 American Psychoanalytic Association
Is American Psychoanalytic Association a legitimate charity?
Based on AI analysis of IRS 990 filings, American Psychoanalytic Association (EIN: 131685533) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is American Psychoanalytic Association a good charity to donate to?
American Psychoanalytic Association has a Mission Score of 75/100. Revenue: $3.3M. Assets: $9.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for American Psychoanalytic Association?
The Employer Identification Number (EIN) for American Psychoanalytic Association is 131685533. 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 American Psychoanalytic Association spend its money?
American Psychoanalytic Association allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify American Psychoanalytic Association's tax-exempt status?
You can verify American Psychoanalytic Association's tax-exempt status using EIN 131685533 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
The American Psychoanalytic Association demonstrates generally stable financial health, with assets consistently growing over the past decade, reaching $9,188,381 in 2023. Revenue has fluctuated, with a notable peak of $4,929,145 in 2022, but expenses have remained relatively controlled, leading to positive net income in most recent years. For instance, in 2023, revenue of $3,968,176 exceeded expenses of $3,204,563, indicating sound financial management.
The organization's spending efficiency appears reasonable, though a detailed breakdown of program versus administrative and fundraising expenses is not explicitly provided in the summary data. However, the consistent positive net assets suggest that the organization is not overspending. The absence of reported officer compensation in the provided data for all periods is a significant point regarding transparency, as it suggests either no compensation or that it is reported differently, which warrants further investigation into the full 990 forms.
Overall, the American Psychoanalytic Association appears to be a financially stable organization with growing assets. Its consistent revenue generation and controlled expenses contribute to its sustainability. The lack of reported officer compensation is a notable aspect that could be interpreted positively for efficiency or as an area for deeper transparency review.