Mad In America Foundation
- Assets
- $584.4k
- Revenue
- $450.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Cambridge, MA
- Founding
- 11/2015
- Data as of
- 12/2021
- EIN
- 47-4772825
Organization Overview
Mad In America Foundation is located in Cambridge, MA. The organization was established in 2015. According to its NTEE Classification (F70) the organization is classified as: Mental Health Disorders, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2021, Mad In America Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mad In America Foundation 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, Mad In America Foundation generated $450.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $394.1k during the year ending 12/2021. While expenses have increased by 15.6% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SERVE AS A CATALYST FOR RETHINKING PSYCHIATRIC CARE IN THE UNITED STATES (AND ABROAD)
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PUBLISH A WEBZINE, MADINAMERICA.COM, THAT PROVIDES NEWS OF PSYCHIATRIC RESEARCH, ORIGINAL JOURNALISM ARTICLES, AND A FORUM FOR AN INTERNATIONAL GROUP OF WRITERS--PEOPLE WITH LIVED EXPERIENCE, PEER SPECIALISTS, FAMILY MEMBERS, PSYCHIATRISTS, PSYCHOLOGISTS, SOCIAL WORKERS, PROGRAM MANAGERS, JOURNALISTS, ATTORNEYS, AND MORE--TO EXPLORE ISSUES RELATED TO THIS GOAL OF "REMAKING PSYCHIATRY."
TO RUN MAD IN AMERICA CONTINUING EDUCATION, WHICH HOSTS ONLINE COURSES TAUGHT BY LEADING RESEARCHERS IN THE FIELD. THESE COURSES PROVIDE A SCIENTIFIC CRITIQUE OF THE EXISTING PARADIGM OF CARE, AND TELL OF ALTERNATIVE APPROACHES THAT COULD SERVE AS THE FOUNDATION FOR A NEW PARADIGM, ONE THAT EMPHASIZES PSYCHOSOCIAL CARE, AND DE-EMPHASIZES THE USE OF PSYCHIATRIC MEDICATIONS, PARTICULARLY OVER THE LONG-TERM. WHILE THE GENERAL PUBLIC MAY TAKE THE COURSES, WE ARE PRIMARILY MARKETING THE COURSES TO PROVIDER ORGANIZATIONS AND MENTAL HEALTH PROFESSIONALS, INCLUDING PSYCHIATRISTS. ALSO, REVENUES AND EXPENSES FROM MAD IN AMERICA CONTINUING EDUCATION IS NOW MERGED WITH TOWN HALL ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Whitaker President | OfficerTrustee | 30 | $45,760 |
Louisa Putnam Secretary | Trustee | 1 | $0 |
Claudia Esteve Director | Trustee | 1 | $0 |
Olga Runciman Director | Trustee | 1 | $0 |
Jeremy Seiferth Treasurer | Trustee | 1 | $0 |
Stefan Hearst 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 | $434,920 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $434,920 |
| Total Program Service Revenue | $14,755 |
| Investment income | $189 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| 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 | $449,952 |
| 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. | $45,760 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $96,455 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,364 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,669 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $732 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $35 |
| Insurance | $508 |
| All other expenses | $2,125 |
| Total functional expenses | $394,111 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $302,361 |
| Savings and temporary cash investments | $282,011 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $584,372 |
| 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 | $2,275 |
| Total liabilities | $2,275 |
| Net assets without donor restrictions | $0 |
| 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 | $582,097 |
| Total liabilities and net assets/fund balances | $584,372 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mad In America Foundation has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Norvell Family Foundation Inc Tulsa, OK PURPOSE: SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Janian Medical Care Pc New York, NY | $3,478,141 | $11,411,316 |
National Alliance On Mental Illness Of New York City Metro New York, NY | $3,164,877 | $3,431,472 |
International Initiative For Mental Health Leadership Keene, NH | $1,030,977 | $782,287 |
Sound Mind Live Inc Hastings on Hudson, NY | $311,001 | $544,595 |
Mad In America Foundation Cambridge, MA | $584,372 | $449,952 |
Attachment Institute Of New England Inc Worcester, MA | $37,429 | $287,389 |
Postpartum Resource Center Of New York Inc West Islip, NY | $262,982 | $415,477 |
Berkshire Horseworks Inc Richmond, MA | $21,461 | $0 |
Honor Connor Inc West Simsbury, CT | $211,531 | $290,512 |
Massachusetts Ppd Fund Inc West Roxbury, MA | $52,878 | $0 |
Thomas G Cavanagh Memorial Fund Inc East Greenwich, RI | $20,866 | $0 |
Depression And Bipolar Support Alliance Boston Belmont, MA | $370,742 | $0 |