Delaware Psychological Association Inc
- Assets
- $288.4k
- Revenue
- $330.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Wilmington, DE
- Founding
- 04/1981
- Data as of
- 12/2022
- EIN
- 51-0255015
Organization Overview
Delaware Psychological Association Inc is located in Wilmington, DE. The organization was established in 1981. According to its NTEE Classification (F03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2022, Delaware Psychological Association Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Delaware Psychological Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Delaware Psychological Association Inc generated $330.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 48.0% each year . All expenses for the organization totaled $210.4k during the year ending 12/2022. While expenses have increased by 31.3% per year over the past 3 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE DELAWARE PSYCHOLOGICAL ASSOCIATION IS TO PROMOTE THE PROFESSION OF PSYCHOLOGY AND ENHANCE AND IMPROVE THE QUALITY OF LIFE FOR DELAWAREANS. WE DO THIS THROUGH PUBLIC AND PROFESSIONAL EDUCATIONAL PROGRAMS, BY SUPPORTING HIGH ETHICAL STANDARDS AND INTEGRITY FOR PSYCHOLOGISTS, AND BY WORKING COLLABORATIVELY WITH OTHER GROUPS TO AFFECT POSITIVE CHANGE IN INDIVIDUALS, GROUPS, AND THE COMMUNITY. WE ARE COMMITTED TO PROMOTING PSYCHOLOGY ACROSS THE STATE AND NATIONALLY THROUGH OUR VOTING MEMBERSHIP IN THE AMERICAN PSYCHOLOGICAL ASSOCIATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE DPA TRADITIONALLY OPERATES BY HOSTING CONTINUING EDUCATION WORKSHOPS FOR MEMBERS AND NON-MEMBERS WHO ARE PSYCHOLOGISTS AND OTHER LICENSED MENTAL HEALTH CLINICIANS. IN 2022, THE DPA OFFERED 9 CONTINUING EDUCATION (CE) WORKSHOPS TOTALING 32 CE CREDITS.
SINCE WE RECEIVED STATE FUNDING FROM THE DELAWARE DIVISION OF SUBSTANCE ABUSE AND MENTAL HEALTH, OUR MEMBERS AND ADMINISTRATIVE TEAM WERE ABLE TO PROVIDE IMMEDIATE CRISIS RESPONSE SERVICES TO ANYONE IN DE WHO EXPRESSED A TRAUMATIC IMPACT FROM COVID.
THE DPA WAS AWARDED THE FIRST OF THREE INSTALLMENTS IN 2022 BY THE AMERICAN RESCUE PLAN ACT TO SUPPORT PSYCHOLOGISTS, LICENSED MENTAL HEALTH CLINICIANS AND HEALTHCARE PROVIDERS WITH TRAININGS SPECIFIC TO COVID RELATED TRAUMA, INCLUDING ASSESSMENT, TREATMENT AND PREVENTION PLANNING. THIS FUNDING WILL ALSO BE USED TO SUPPORT THE PUBLIC WITH PSYCHOEDUCATIONAL RESOURCES PERTAINING TO COVID RELATED TRAUMA AND LONG COVID. DEVELOPMENT OF THIS PROJECT BEGINS IN 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Wetzel Executive Director | Officer | 20 | $59,600 |
Brooke Fernandez Marketing And Administrative Coordinator | Officer | 15 | $41,447 |
Doug Tynan President | Officer | 3 | $0 |
Roger Harrison President-Elect | Officer | 1 | $0 |
Malina Spirito Past-President | Officer | 1 | $0 |
Jennifer White Secretary | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $33,569 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $116,667 |
| All other contributions, gifts, grants, and similar amounts not included above | $128,532 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $278,768 |
| Total Program Service Revenue | $51,158 |
| Investment income | $27 |
| 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 | $330,333 |
| 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. | $101,047 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,360 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,901 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,270 |
| Information technology | $965 |
| 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 | $1,846 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,746 |
| All other expenses | $2,844 |
| Total functional expenses | $210,395 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $201,887 |
| Savings and temporary cash investments | $86,494 |
| 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 | $288,381 |
| 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 | $3,452 |
| Total liabilities | $3,452 |
| 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 | $284,929 |
| Total liabilities and net assets/fund balances | $288,381 |