Group Psychotherapy Foundation Inc
- Assets
- $7.6m
- Revenue
- $4.9m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 06/1963
- Data as of
- 06/2023
- EIN
- 13-6161730
Organization Overview
Group Psychotherapy Foundation Inc is located in New York, NY. The organization was established in 1963. According to its NTEE Classification (F32) the organization is classified as: Community Mental Health Centers, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Group Psychotherapy Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Group Psychotherapy Foundation Inc generated $4.9m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 29.3% each year . All expenses for the organization totaled $912.2k during the year ending 06/2023. While expenses have increased by 5.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT GROUP PSYCHOTHERAPY EDUCATION, RESEARCH, TRAINING, AND INFORMATION DISSEMINATION FOR THE BENEFIT OF THE PUBLIC AND PROFESSIONAL COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GROUP FOUNDATION ADVOCATES FOR AND SUPPORTS THE RESEARCH, EDUCATION/TRAINING AND COMMUNITY PROGRAMS TO ASSURE THE ADVANCEMENT OF THE MOST INNOVATIVE GROUP WORK TO ENHANCE PEOPLE'S LIVES. EVIDENCE IS NOW CLEAR THAT GROUP INTERVENTIONS ARE AT THE FOREFRONT OF TREATMENTS TO HEAL TRAUMA, IMPROVE INDIVIDUAL, FAMILY, AND WORKPLACE RELATIONSHIPS, TO TREAT PSYCHOLOGICAL CONDITIONS, AND TO AID THE MILITARY AND THEIR FAMILIES IN DEALING WITH THE PSYCHOLOGICAL IMPACT OF WAR. IN SHORT, GROUP CHANGES LIVES. WITH THE KNOWLEDGE THAT GROUPS CHANGE LIVES AND PROMOTE MENTAL HEALTH, THE GROUP FOUNDATION IS DEDICATED TO SUPPORTING THE ADVANCEMENT OF EVIDENCED BASED GROUP INTERVENTIONS AND RESEARCH, SUPPORTING THE EDUCATIONAND TRAINING OF EFFECTIVE GROUP LEADERS, AND SUPPORTING COMMUNITY OUTREACH AND THE DISSEMINATION OF INFORMATION FOR THE BENEFIT OF THE PUBLIC AND PROFESSIONAL COMMUNITIES.OVER THE YEARS, THE GIFTS FROM OUR GENEROUS DONORS HAVE ALLOWED THE GROUP FOUNDATION TO ESTABLISH PROGRAMS TO ADVANCE EDUCATION AND TRAINING IN GROUP PSYCHOTHERAPY, ESTABLISH THE INTERNATIONAL BOARD FOR CERTIFICATION OF GROUP PSYCHOTHERAPISTS, AWARD INNOVATIVE RESEARCH AND COMMUNITY OUTREACH PROJECTS, FUND TRAINING MANUALS FOR GROUP WORK AND PROVIDE AGPA ANNUAL MEETING SCHOLARSHIPS AND OVERALL SUPPORT FOR MEETING, THROUGH UNDERWRITING GRANTS AND THE ENDOWMENT OF EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darryl L Pure Chairman | OfficerTrustee | 40 | $0 |
Kathy T Rider Vice-Chair | OfficerTrustee | 1 | $0 |
Angela M Stephans Secretary Treasurer | OfficerTrustee | 1 | $0 |
Maryetta K Andrews- Sachs Director | Trustee | 1 | $0 |
Gary M Burlingame President | Trustee | 1 | $0 |
Helen Chao Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $324,176 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $324,176 |
| Total Program Service Revenue | $4,459,079 |
| Investment income | $43,065 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $9,900 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $104,793 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,941,013 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $387,597 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $100,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,325 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,500 |
| Advertising and promotion | $0 |
| Office expenses | $20,922 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $59,775 |
| Travel | $2,666 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $24,680 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $234,272 |
| Insurance | $16,879 |
| All other expenses | $0 |
| Total functional expenses | $912,156 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,766,204 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $841 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,965,259 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $842,821 |
| Total assets | $7,575,125 |
| Accounts payable and accrued expenses | $50,863 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $911,322 |
| Total liabilities | $962,185 |
| Net assets without donor restrictions | $5,243,977 |
| Net assets with donor restrictions | $1,368,963 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,575,125 |