Association For Women In Psychology
Association For Women In Psychology faces recurring deficits despite zero executive compensation and no liabilities.
EIN: 133390194 · Weatogue, CT · NTEE: S41Z · Updated: 2026-03-28
Is Association For Women In Psychology Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Association For Women In Psychology directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Association For Women In Psychology
Association For Women In Psychology (EIN: 133390194) is a nonprofit organization based in Weatogue, CT, classified under NTEE code S41Z. The organization reported total revenue of $48K and total assets of $105K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Association For Women In Psychology's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Association For Women In Psychology is a micro nonprofit that has been operating for 38 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 2.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $61K |
| Total Expenses | $123K |
| Surplus / Deficit | $-61,685 |
| Total Assets | $90K |
| Net Assets | $90K |
| Operating Margin | -101.1% |
| Months of Reserves | 8.8 months |
Financial Health Grade: B
In 2023, Association For Women In Psychology reported a deficit of $62K with expenses exceeding revenue, holds 8.8 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Association For Women In Psychology's revenue has grown at a compound annual growth rate (CAGR) of 2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -26.9% | +33.0% | -40.6% |
| 2022 | +19.2% | +178.0% | +2.4% |
| 2021 | -35.3% | -73.1% | +37.4% |
| 2020 | -35.1% | -3.2% | -11.4% |
| 2019 | +98.3% | +11.4% | +48.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Association For Women In Psychology with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Association For Women In Psychology allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $62K, with expenses exceeding revenue.
Executive Compensation Analysis
The Association For Women In Psychology reports 0% officer compensation across all available filings, indicating that its leadership operates on a volunteer basis. This is highly commendable for an organization of its size, as it ensures all revenue is directed towards its mission and operational costs rather than executive salaries.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Association For Women In Psychology's IRS 990 filings:
- Recurring operating deficits (e.g., $61,685 in 2023, $8,824 in 2022, $15,279 in 2020)
- Significant year-over-year volatility in revenue and expenses, indicating potential budgeting challenges or inconsistent funding.
Strengths
The following positive indicators were identified for Association For Women In Psychology:
- Zero officer compensation, indicating a volunteer-driven leadership and efficient use of funds.
- Consistently reports zero liabilities, demonstrating strong financial management and no debt.
- Long history of IRS 990 filings (14 filings), indicating consistent compliance and transparency.
- Maintains a healthy level of assets relative to its annual revenue, providing some financial cushion.
Frequently Asked Questions about Association For Women In Psychology
Is Association For Women In Psychology a legitimate charity?
Based on AI analysis of IRS 990 filings, Association For Women In Psychology (EIN: 133390194) some concerns. Mission Score: 70/100. 2 red flags identified, 4 strengths noted.
How does Association For Women In Psychology spend its money?
Association For Women In Psychology directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Association For Women In Psychology tax-deductible?
Association For Women In Psychology is registered as a tax-exempt nonprofit (EIN: 133390194). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Association For Women In Psychology financially stable?
The organization's financial stability is inconsistent. While it maintains zero liabilities, it has experienced significant operating deficits in multiple years (e.g., $61,685 in 2023, $8,824 in 2022, $15,279 in 2020), suggesting a reliance on accumulated assets rather than consistent operational surpluses.
How does the organization manage its expenses?
Expense management shows variability, with expenses ranging from $33,188 in 2021 to $127,556 in 2019. The lack of officer compensation indicates efficiency at the leadership level, but the large fluctuations suggest either varying program needs or challenges in consistent budgeting.
What is the trend in the organization's assets?
Assets have fluctuated significantly over the years, from a low of $47,443 in 2014 to a high of $151,965 in 2022, currently standing at $105,483. This volatility reflects the impact of annual surpluses and deficits on its financial reserves.
Is the organization transparent with its finances?
Yes, the organization appears transparent, with 14 IRS 990 filings publicly available and clear reporting of zero liabilities and no officer compensation, which are key indicators of financial openness.
Filing History
IRS 990 filing history for Association For Women In Psychology showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Association For Women In Psychology's revenue has grown by 40.5%, moving from $43K to $61K. Total assets increased by 15.9% over the same period, from $78K to $90K. Total functional expenses rose by 158.5%, from $47K to $123K. In its most recent filing year (2023), Association For Women In Psychology reported a deficit of $62K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $61K | $123K | $90K | $0 | — | — |
| 2022 | $83K | $92K | $152K | $0 | — | View 990 |
| 2021 | $70K | $33K | $148K | $0 | — | — |
| 2020 | $108K | $123K | $108K | $0 | — | — |
| 2019 | $167K | $128K | $122K | $0 | — | View 990 |
| 2018 | $84K | $115K | $82K | $0 | — | View 990 |
| 2017 | $80K | $92K | $113K | $0 | — | View 990 |
| 2016 | $99K | $92K | $125K | $0 | — | View 990 |
| 2015 | $91K | $51K | $114K | $0 | — | View 990 |
| 2014 | $32K | $42K | $47K | $0 | — | View 990 |
| 2013 | $27K | $52K | $65K | $0 | — | View 990 |
| 2012 | $71K | $40K | $89K | $0 | — | View 990 |
| 2011 | $12K | $32K | $58K | $0 | — | View 990 |
| 2010 | $43K | $47K | $78K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $61K, expenses of $123K, and assets of $90K (revenue -26.9% year-over-year).
- 2022: Revenue of $83K, expenses of $92K, and assets of $152K (revenue +19.2% year-over-year).
- 2021: Revenue of $70K, expenses of $33K, and assets of $148K (revenue -35.3% year-over-year).
- 2020: Revenue of $108K, expenses of $123K, and assets of $108K (revenue -35.1% year-over-year).
- 2019: Revenue of $167K, expenses of $128K, and assets of $122K (revenue +98.3% year-over-year).
- 2018: Revenue of $84K, expenses of $115K, and assets of $82K (revenue +5.0% year-over-year).
- 2017: Revenue of $80K, expenses of $92K, and assets of $113K (revenue -19.3% year-over-year).
- 2016: Revenue of $99K, expenses of $92K, and assets of $125K (revenue +9.4% year-over-year).
- 2015: Revenue of $91K, expenses of $51K, and assets of $114K (revenue +186.0% year-over-year).
- 2014: Revenue of $32K, expenses of $42K, and assets of $47K (revenue +17.3% year-over-year).
- 2013: Revenue of $27K, expenses of $52K, and assets of $65K (revenue -61.9% year-over-year).
- 2012: Revenue of $71K, expenses of $40K, and assets of $89K (revenue +513.4% year-over-year).
- 2011: Revenue of $12K, expenses of $32K, and assets of $58K (revenue -73.4% year-over-year).
- 2010: Revenue of $43K, expenses of $47K, and assets of $78K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Association For Women In Psychology:
Data Sources and Methodology
This transparency report for Association For Women In Psychology is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.