The New Center for Psychoanalysis

Nonprofit profile at a glance

EIN
951634584
IRS 990 coverage
2011–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Los Angeles, CA, USA
Phone
3104786541
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Graduate, Professional Schools (Separate Entities)

Official website

Reported finances

Revenue
$1,262,803
Expenses
$1,318,121
Assets
$12,675,134
Liabilities
$423,952

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

Leadership & pay

18 people listed

Executive titles in this filing

  • HEATHER SILVERMAN MD (PRESIDENT)
  • LUIS NAGY PHD (PRESIDENT ELECT)
  • JACK BRENNAN (PRESIDENT, CLINICAL ASSOICATES ORGANIZATION)
  • AMBER MCCLARIN (EXECUTIVE DIRECTOR)

Highest reported compensation

  • AMBER MCCLARIN (EXECUTIVE DIRECTOR): $122,018 total reported compensation
  • LUCIA MELITO PHD (DIRECTOR, ADULT PSYCHOTHERAPY): $10,106 total reported compensation
  • SUSAN DONNER MD (CHAIR - CHILD AND ADOLESCE): $6,000 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 purpose of the new center for psychoanalysis ('the center') shall be: (i) to foster the study and advancement of psychoanalysis in its therapeutic, scientific and cultural aspects; (ii) to encourage professional and scientific relations of psychoanalysis with other branches of medicine, psychology and other disciplines; (iii) to further the integration of psychoanalysis in the community; (iv) to maintain the standards of practice of psychoanalysis; and (v) to take such other actions as may be necessary, including without limitation soliciting or accepting donations, grants or gifts in the furtherance of the foregoing purposes. The center may offer other educational programs in accordance with the general aims and purposes of psychoanalysis and may give recognition to those who have met the required educational standards.

What it reported doing in 2024

Ncp provided in-depth theoretical and clinical programs for licensed mental health professionals to i) become psychoanalysts in its multi-year intensive training program, ii) earn a certificate in psychoanalytic psychotherapy in working with adults or with children and adolescents. The psychoanalytic training involves the student in classroom seminars and clinical cases to gain the skills to treat patients with underlying issues, esp., with treatment-resistant situations for whom short-term solutions do not provide relief. The psychoanalytic psychotherapy program allows the students to build on the coursework taken to attain licensure in their chosen discipline through reading, seminars, and consultative group sessions, where their work with patients can be discussed and explored in a supportive environment to learn to deepen the treatment.

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 96% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 75
  • Accountability: 90
  • Sustainability: 49
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.6%; rating input score 95
  • Program expense ratio: 62.4%; rating input score 62
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: 0 of 8 controls in place; rating input score 0
    • Claims monitoring procedures: Fail
    • Requires narrative reports: Fail
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Fail
    • Conducts site visits: Fail
    • Requires grant agreements: Fail
    • May require repayment: Fail
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • 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: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -4.4%; rating input score 25; 25th percentile among comparable filings
  • Total-asset coverage ratio: 9.62; rating input score 92; 92nd percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 57; 57th percentile among comparable filings
  • Officer compensation ratio: 11.1%; rating input score 33; 33rd percentile among comparable filings

Growth

  • Program expense growth: 10% per year; rating input score 100; 63rd percentile among comparable filings
  • Revenue growth: -8.3% per year; rating input score 0; 3rd percentile among comparable filings
  • Asset growth: 4.6% per year; rating input score 100; 37th percentile among comparable filings

Details

  • Where the money goes: 94.6% of revenue deployed · 62.4% of spending went to programs
  • Governance: 17 of 17 board members independent · 6 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $822K in reported program spending
  • Leadership: top reported pay $122K · 18 people listed
  • Consistency: 35 of 35 current checks pass
  • Schedules: 8 filed schedules · includes major donors, foreign activity, and grants
  • Filing history: 13 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 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.

Key Signals

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

  • High — Transparency & Controls: Foreign activity oversight: 8 of 8 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 25/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Sustainability: Officer compensation ratio scored 33/100.
  • Review — Sustainability: Liabilities to assets ratio scored 57/100.