Michigan Psychoanalytic Institute
Nonprofit profile at a glance
- EIN
- 381685040
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Farmington Hills, MI, USA
- Phone
- 2488513380
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community Mental Health Center
Reported finances
- Revenue
- $522,634
- Expenses
- $522,634
- Assets
- $34,988
- Liabilities
- $32,788
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- BARRY MILLER MD (PRESIDENT)
- GIOVANNI MINONNE MD (PRESIDENT-ELECT)
- MARC HIRSCH PHD (EXEC. V. PRESIDENT)
Highest reported compensation
- JEAN LEWIS (ADMINISTRATOR DIRECTOR): $82,617 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 mission of mpi is to train qualified psychoanalysts; to provide educational programs and services to mental health and community groups; to further psychoanalytic practice, research and scholarship; and to make available affordable psychoanalytic treatment to communities in southeastern Michigan.
What it reported doing in 2024
The continuing education division provides consultation and education to the community. The psychotherapy educational programs and seminar series offer rich opportunities to study a wide range of subjects from a psychoanalytic perspective. Courses and programs are tailored to fit the various interests and professional needs of participants who come with a variety of backgrounds, levels of experience and educational goals. Courses are offered at the mpi offices in farmington hills and ann arbor that can also be made available to mental health professionals at their place of employment or other venue. These individualized courses are developed for groups of six or more participants. The background and interests of the group members will determine the content as well as the format of the class. The continuing education division offers a two-year adult psychoanalytic psychotherapy program designed for mental health professionals. A one-year psychoanalytic psychotherapy fellowship is also offered.
Operating model
- Revenue model
- Earned-program. 68% of the money available for current operations came from fees and other program revenue.
- 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
SUPPORTED - The filed numbers largely add up and most voting board members are independent. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 56
- Transparency & Controls: 92
- Accountability: 79
- Sustainability: 21
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 62.9%; rating input score 63
- Program expense ratio: 62.9%; rating input score 63
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd 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: 4 of 8 controls in place; rating input score 50
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 0%; rating input score 36; 36th percentile among comparable filings
- Total-asset coverage ratio: 0.07; rating input score 3; 3rd percentile among comparable filings
- Liabilities to assets ratio: 0.94; rating input score 7; 7th percentile among comparable filings
- Officer compensation ratio: 15.8%; rating input score 21; 21st percentile among comparable filings
Growth
- Program expense growth: -5.1% per year; rating input score 0; 8th percentile among comparable filings
- Revenue growth: -3.7% per year; rating input score 0; 6th percentile among comparable filings
- Asset growth: -11% per year; rating input score 0; 3rd percentile among comparable filings
Details
- Where the money goes: 62.9% of revenue deployed · 62.9% of spending went to programs
- Governance: 5 of 5 board members independent · 4 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $329K in reported program spending
- Leadership: top reported pay $83K · 6 people listed
- Consistency: 21 of 21 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 2 filed related-organization links
- 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: 3 of 7 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 36/100.
- High — Sustainability: Total-asset coverage ratio scored 3/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 7/100.
- High — Sustainability: Officer compensation ratio scored 21/100.