Denver Institute for Psychoanalysis

Nonprofit profile at a glance

EIN
237065236
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
Aurora, CO, USA
Phone
3037242666
Rating
86
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$302,062
Expenses
$242,196
Assets
$1,704,684
Liabilities
$-1,043

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Highest reported compensation

  • Barbara Redinger PhD (Director): $26,000 total reported compensation
  • Nancy Bakalar MD (Chair of Progression): $6,500 total reported compensation
  • Rex McGehee MD (Co-Associate Director): $6,500 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Denver Institute for Psychoanalysis is organized for the purpose of providing psychoanalytic education for the qualified applicants, to advance scholarship and research in the science of psychoanalysis, and to encourage application of psychoanalytic knowledge to relevant fields of study and practice.

What it reported doing in 2024

The Denver Institute for Psychoanalysis provided psychoanalytic education to qualified applicants in our in-house programs, coordinated a referral service for patients to access low-fee services that are provided by our analytic candidates, donated over 1,000 hours of supervision and classroom teaching regarding the fundamentals and applicability of psychoanalytic knowledge to between 55-75 students comprised of psychiatry residents, child fellows, doctoral candidates, social work students and medical students, gave pro-bono lectures to providers in the mental health community, developed research and scholarly articles, offered a mentorship program to mental health trainees, and contributed to teaching in the continuing education program of the Denver Psychoanalytic Society, and provided administrative and overhead support to the Denver Psychoanalytic Society for its programs which encourage the application of psychoanlytic knowledge to relevant fields of study and practice.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 92
  • Accountability: 84
  • Sustainability: 62
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92%; rating input score 92
  • Program expense ratio: 97.7%; rating input score 98
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 9 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Limited
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 19.8%; rating input score 73; 73rd percentile among comparable filings
  • Total-asset coverage ratio: 7.04; rating input score 85; 85th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 18.2%; rating input score 21; 21st percentile among comparable filings

Growth

  • Program expense growth: 4.8% per year; rating input score 100; 53rd percentile among comparable filings
  • Revenue growth: 4.2% per year; rating input score 100; 48th percentile among comparable filings
  • Asset growth: 6.1% per year; rating input score 100; 52nd percentile among comparable filings

Details

  • Where the money goes: 92% of revenue deployed · 97.7% of spending went to programs
  • Governance: 11 of 11 board members independent · 5 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $237K in reported program spending
  • Leadership: top reported pay $26K · 12 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 13 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Sustainability: Officer compensation ratio scored 21/100.