University Psychiatric Foundation Inc

Nonprofit profile at a glance

EIN
261266509
IRS 990-EZ coverage
2013–2015
Forms available
Form 990 2012, Form 990-EZ 2015
Location
Louisville, KY, USA
Phone
5025884426
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Alliance/Advocacy Organizations

Reported finances

Revenue
$5,258
Expenses
$41,492
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • ALLAN TASMAN MD (PRESIDENT)
  • KATHY VINCENT MD (VICE-PRESIDENT)

People named in this filing

  • ALLAN TASMAN MD (PRESIDENT)
  • KATHY VINCENT MD (VICE-PRESIDENT)
  • DAVID CASEY MD (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Further the academic mission of the department of psychiatry and behaviorial sciences of the univerity of louisville school of medicine through the provision of clinical training of psychiatry residents, medical students, and other allied health care students. The foundation operates clinical services that allow for the training of these students, including emergency psychiatry services, inpatient psychiatry services, consultative psychiatry services and outpatient care. These activities occur in several university affiliated medical centers, including university of louisville hospital. Clinical supervision of the students is carried out by faculty members of the department. The foundation, when able, bills for the clinical activities of the faculty members to provide a revenue source for the foundation.

What it reported doing in 2015

Provision of emergency, inpatient, outpatient and consultative psychiatric services through the university of louisville hospital as well as other medical centers affiliated with the university.

Operating model

Revenue model
Earned-program. 100% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 8
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -689.1%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: -98.8% per year; rating input score 0; 3rd percentile among comparable filings
  • Revenue growth: -80.6% per year; rating input score 0; 3rd percentile among comparable filings
  • Asset growth: -77.7% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $41K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2013 to 2015
  • Contacts: How to reach this organization
  • Related organizations: 1 filed related-organization link
  • 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 — Sustainability: Operating margin scored 2/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 57/100.