Process Therapy Institute Incorporated
Nonprofit profile at a glance
- EIN
- 237259801
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- San Jose, CA, USA
- Phone
- 4089636694
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community Mental Health Center
Reported finances
- Revenue
- $690,501
- Expenses
- $672,450
- Assets
- $74,745
- Liabilities
- $54,165
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- PADMINI NAGARAJ (EXECUTIVE DIRECTOR)
- JENNIFER CRANE LMFT (PRESIDENT)
Highest reported compensation
- PADMINI NAGARAJ (EXECUTIVE DIRECTOR): $41,080 total reported compensation
- BARBARA KRAFT LMFT (SECRETARY): $10,230 total reported compensation
- JENNIFER WEISE LMFT (BOARD MEMBER): $10,035 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Create, establish and provide an independent resource for the advancement of education and for scientific purposes, in order to explore, study, demonstrate and implement improved ways of assisting mental health clinicians, including pre-licensed clinicians and trainees, in their learning and professional development and offering accessible counseling/therapeutic resources to individuals, couples, families and children, on a non-discriminatory basis, for that purpose, thereby advancing community mental health.
What it reported doing in 2024
Counseling & education services.
Operating model
- Revenue model
- Earned-program. 98% 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 a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 61
- Transparency & Controls: 90
- Accountability: 72
- Sustainability: 28
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 68.3%; rating input score 68
- Program expense ratio: 70.1%; rating input score 70
- 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: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 3 of 9 controls in place; rating input score 33
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- 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: 2.6%; rating input score 44; 44th percentile among comparable filings
- Total-asset coverage ratio: 0.11; rating input score 5; 5th percentile among comparable filings
- Liabilities to assets ratio: 0.72; rating input score 10; 10th percentile among comparable filings
- Officer compensation ratio: 9.1%; rating input score 40; 40th percentile among comparable filings
Growth
- Program expense growth: 5.9% per year; rating input score 100; 47th percentile among comparable filings
- Revenue growth: 8.6% per year; rating input score 100; 61st percentile among comparable filings
- Asset growth: -2.7% per year; rating input score 0; 10th percentile among comparable filings
Details
- Where the money goes: 68.3% of revenue deployed · 70.1% of spending went to programs
- Governance: 7 of 7 board members independent · 3 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $472K in reported program spending
- Leadership: top reported pay $41K · 7 people listed
- Consistency: 24 of 24 current checks pass
- Schedules: 3 filed schedules
- Filing history: 10 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Accountability: Governance controls: 5 of 8 not reported.
- High — Sustainability: Total-asset coverage ratio scored 5/100.
- Moderate — Sustainability: Operating margin scored 44/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 10/100.
- Moderate — Sustainability: Officer compensation ratio scored 40/100.