International Association For Correctional & Forensic Psychology
- Assets
- $2.1m
- Revenue
- $309.0k
- Investments
- $1.3m
- Employees
- 0
- Location
- Wilmington, NC
- Founding
- 05/2009
- Data as of
- 12/2021
- EIN
- 37-1317135
Organization Overview
International Association For Correctional & Forensic Psychology, operating under the name Psychology, is located in Wilmington, NC. The organization was established in 2009. According to its NTEE Classification (I03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Psychology 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 12/2021, Psychology generated $309.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $294.9k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE INTERNATIONAL ASSOCIATION FOR CORRECTIONAL AND FORENSIC PSYCHOLOGY (IACFP) SERVES TO ADVANCE THE DEVELOPMENT AND IMPLEMENTATION OF INNOVATIVE EVIDENCE-AND PRACTITIONER-INFORMED POLICIES AND PRACTICES TO SUPPORT CORRECTIONAL AND FORENSIC PSYCHOLOGISTS AND OTHER HELPING PROFESSIONALS WHO WORK WITH JUSTICE-INVOLVED INDIVIDUALS. THE IACFP'S MOST SIGNIFICANT ACTIVITIES INCLUDE PUBLICATION OF A JOURNAL, CRIMINAL JUSTICE AND BEHAVIOR. THE IACFP ALSO SUPPORTS ITS MEMBERS BY PROVIDING INFORMATION ON BEST PRACTICE, PROGRAMS AND PRACTITIONER RECOGNITION. IT PROVIDES ACCESS TO AND SUPPORTS CURRENT RESEARCH AND EDUCATIONAL OPPORTUNITIES TO SUPPORT IMPLEMENTATION OF THE ORGANIZATION'S MISSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION HAS AN INVESTMENT ACCOUNT WITH UBS TO MANAGE AND GROW ASSETS TO BENEFIT MEMBERS. THE ASSOCIATION ALSO ESTABLISHED IACFP-EUROPE AS A PUBLIC INTEREST FOUNDATION IN BELGIUM TO PROMOTE THE IACFP MISSION IN EUROPE IN FUTURE YEARS. THE PUBLICATION OF THE PEER-REVIEWED MONTHLY JOURNAL, "CRIMINAL JUSTICE AND BEHAVIOR: AN INTERNATIONAL JOURNAL," CONTINUES TO BE THE PRIMARY VEHICLE FOR ACHIEVING THEIR STATED GOALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cherie Townsend Executive Director | Officer | 20 | $90,000 |
Richard Althouse Secretary | OfficerTrustee | 2 | $0 |
Frank Porporino Past President | OfficerTrustee | 2 | $0 |
Diane Williams Treasurer | OfficerTrustee | 2 | $0 |
Sarah Shelton President | OfficerTrustee | 2 | $0 |
Gabriel Ong Director | Trustee | 2 | $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 | $88,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $88,000 |
| Total Program Service Revenue | $18,006 |
| Investment income | $286 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $202,682 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $308,974 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $90,000 |
| Compensation of current officers, directors, key employees. | $17,196 |
| 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 | $0 |
| Fees for services: Legal | $4,540 |
| Fees for services: Accounting | $18,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $87,000 |
| Advertising and promotion | $0 |
| Office expenses | $29,867 |
| Information technology | $6,541 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,960 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,219 |
| All other expenses | $47,819 |
| Total functional expenses | $294,946 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $434,607 |
| Savings and temporary cash investments | $162,979 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $197,682 |
| 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 | $0 |
| Investments—other securities | $1,336,249 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,131,517 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $2,131,517 |
| Net assets with donor restrictions | $0 |
| 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 | $2,131,517 |
Grants Awarded
Over the last fiscal year, International Association For Correctional & Forensic Psychology has awarded $29,900 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
INTERNATIONAL CORRECTIONS & PRISONSASSOCIATION - USA PURPOSE: CONFERENCE SPONSOR | $22,400 |
Columbus, OH PURPOSE: CONFERENCE SPONSOR | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
North Carolina Bar Association Cary, NC | $15,478,777 | $8,815,547 |
National Sheriffs Association Alexandria, VA | $2,506,645 | $6,054,968 |
National Court Reporters Assn Reston, VA | $9,901,369 | $5,357,808 |
Commission On Accreditation For Law Enforcement Agencies Inc Gainesville, VA | $11,972,321 | $4,641,271 |
Georgia Bar Foundation Inc Atlanta, GA | $4,745,837 | $3,235,745 |
Federal Bar Association Arlington, VA | $5,138,054 | $3,503,035 |
Tennessee Bar Association Nashville, TN | $9,653,654 | $3,583,374 |
American Intellectual Property Law Association Inc Arlington, VA | $3,625,229 | $3,488,113 |
Georgia Trial Lawyers Association Inc Atlanta, GA | $1,335,578 | $2,666,064 |
North Carolina Advocates For Justice Raleigh, NC | $8,333,036 | $2,375,016 |
Georgia Association Of Chiefs Of Police Inc Duluth, GA | $5,308,518 | $2,397,011 |
Tennessee Sheriffs Association Inc Lebanon, TN | $4,845,696 | $2,213,282 |