Metropolitan Institute for Training in Psychoanalytic Psychotherapy Inc

Nonprofit profile at a glance

EIN
133076314
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-EZ 2024
Location
New York, NY, USA
Phone
2128751300
Rating
80
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$274,831
Expenses
$275,817
Assets
$17,368
Liabilities
$123

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

Leadership & pay

16 people listed

Executive titles in this filing

  • GINO R BENZA LCSW (PRESIDENT)
  • BARBARA L REICHENTHAL LCSW (PAST PRESIDENT)
  • BARBARA SPIRIDON MS ED MSJ (VICE PRESIDENT)
  • ROBERT BASILE (CEO/EXECUTIVE DIRECTOR)

Highest reported compensation

  • JOYCE LERNER LCSW (PSYCHOTHERAPIST): $102,309 total reported compensation
  • IVY VALE BFA (MEMBER): $61,361 total reported compensation
  • GENE YELLIN LCSW (MEMBER): $6,200 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 institution's mission is to advance education and research in psychoanalysis and psychotherapy for qualified professionals in psychology, social work, and medicine. It aims to deepen understanding of human personality and interpersonal relationships through academic courses, supervision, and specialized training. Additionally, it seeks to educate the public through lectures, workshops, and publications, and to support the development of community mental health programs at all levels of government.

What it reported doing in 2024

The metropolitan institute for training in psychoanalytic psychotherapy (mitpp) is a nonprofit educational institution chartered by the New York state board of regents. Mitpp provides graduate-level training in psychoanalytic psychotherapy through certificate programs for qualified mental health professionals, including psychologists, social workers, psychiatrists, and related practitioners. Its principal programs include the adult psychoanalytic psychotherapy program and the child and adolescent psychoanalytic psychotherapy program, each combining coursework, supervised clinical practice, and personal psychoanalytic therapy.students receive instruction in psychoanalytic theory and technique, participate in supervised treatment of patients at the affiliated metropolitan center for mental health, and engage in individual and group supervision. The institute also offers continuing education courses, public lectures, and workshops on psychoanalytic topics and community mental health issues. Through these activities, mitpp advances professional competence in psychotherapy and contributes to accessible mental health services for the public.

Operating model

Revenue model
Donor-supported. 73% of the money available for current operations came from contributions and gifts.
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 expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 92
  • Accountability: 55
  • Sustainability: 25
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 99%; rating input score 99
  • Program expense ratio: 98.6%; rating input score 99
  • 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: 85.7%; rating input score 86; 23rd percentile among comparable filings
  • Governance controls: 1 of 9 controls in place; rating input score 11
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -0.4%; rating input score 38; 38th percentile among comparable filings
  • Total-asset coverage ratio: 0.06; rating input score 5; 5th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 48; 48th percentile among comparable filings
  • Officer compensation ratio: 64.6%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: 10.1% per year; rating input score 100; 70th percentile among comparable filings
  • Revenue growth: 7.5% per year; rating input score 100; 64th percentile among comparable filings
  • Asset growth: 0.5% per year; rating input score 100; 27th percentile among comparable filings

Details

  • Where the money goes: 99% of revenue deployed · 98.6% of spending went to programs
  • Governance: 12 of 14 board members independent · 1 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $272K in reported program spending
  • Leadership: top reported pay $102K · 16 people listed
  • Consistency: 18 of 18 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 2 filing years from 2023 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.

  • High — Accountability: Governance controls: 7 of 8 not reported.
  • Moderate — Sustainability: Operating margin scored 38/100.
  • High — Sustainability: Total-asset coverage ratio scored 5/100.
  • High — Sustainability: Officer compensation ratio scored 2/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 48/100.