Western New England Institute for Psychoanalysis

Nonprofit profile at a glance

EIN
060707098
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
New Haven, CT, USA
Phone
2035622103
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Mental Health Treatment F31 Psychiatric, Mental Health Hospital

Official website

Reported finances

Revenue
$225,075
Expenses
$250,952
Assets
$7,036,036
Liabilities
$0

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

Leadership & pay

11 people listed

Executive titles in this filing

  • CHRISTOPHER LEVEILLE (PRESIDENT)
  • MARSHALL MANDELKERN (PAST PRESIDENT)
  • PRAKASH THOMAS (VICE-PRESIDENT)

People named in this filing

  • CHRISTOPHER LEVEILLE (PRESIDENT)
  • MARSHALL MANDELKERN (PAST PRESIDENT)
  • PRAKASH THOMAS (VICE-PRESIDENT)

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

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the western new england institute for psychoanalysis, founded in 1954, is the education of future analysts.

What it reported doing in 2024

The institute offers three programs, adult psychoanalysis, child psychoanalysis, and the scholar's program. The adult psychoanalysis track prepares students for a career as an analyst treating adults, through a combination of personal analysis, coursework, and supervised case work. The child psychoanalysis program builds on the adult training, with the addition of coursework and supervised clinical work specifically aimed at children and adolescents. The scholar's program is intended for non-clinicians who have an interest in psychoanalytic theory and practice, and provides an opportunity for in depth study of analytic theory.

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 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. A relatively small share of total spending goes to programs and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 90
  • Accountability: 76
  • Sustainability: 56
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74%; rating input score 74
  • Program expense ratio: 45.1%; rating input score 45
  • Fundraising efficiency: $52.48 raised per $1 spent on fundraising; rating input score 77; 77th percentile among comparable filings

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: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • 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: -11.5%; rating input score 21; 21st percentile among comparable filings
  • Total-asset coverage ratio: 28.04; rating input score 97; 97th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: 11.3% per year; rating input score 100; 73rd percentile among comparable filings
  • Revenue growth: 46.4% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: 56.2% per year; rating input score 100; 97th percentile among comparable filings

Details

  • Where the money goes: 74% of revenue deployed · 45.1% of spending went to programs
  • Governance: 11 of 11 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $113K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 23 of 23 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • Moderate — Financial Efficiency: Program expense ratio scored 45/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • High — Sustainability: Operating margin scored 21/100.