American Psychological Association Inc
- Assets
- $39.9m
- Revenue
- $8.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 01/1940
- Data as of
- 12/2021
- EIN
- 54-1572590
Organization Overview
American Psychological Association Inc is located in Washington, DC. The organization was established in 1940. According to its NTEE Classification (F80) the organization is classified as: Mental Health Associations, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. American Psychological Association 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 12/2021, American Psychological Association Inc generated $8.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $5.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, American Psychological Association Inc has awarded 45 individual grants totaling $768,237. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT AND ENCOURAGE THE EDUCATION, SCIENTIFIC STUDY, HUMAN WELFARE PROMOTION AND INFORMATION DISSEMINATION AND THE ADVANCEMENT OF THOSE PSYCHOLOGY DISCIPLINES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AWARDS AND GRANTS - VARIOUS AWARD PRESENTATIONS AND GRANTS TO FUND VARIOUS RESEARCH PROJECTS IN PSYCHOLOGY.
ANNUAL CONVENTION, DIVISIONAL MEETINGS, AND OTHER EVENTS - ACTIVITIES INCLUDE ATTENDANCE AND PLANNED ACTIVITIES AT THE ANNUAL CONVENTION, AS WELL AS, VARIOUS DIVISION MEETINGS, WORKSHOPS, CONTINUING EDUCATION, AND OTHER EVENTS THROUGHOUT THE YEAR COVERING VARIOUS EDUCATIONAL AND SCIENTIFIC TOPICS IN PSYCHOLOGY.
PUBLICATIONS (JOURNALS, NEWSLETTERS, ETC.) - THE PREPARATION AND DISSEMINATION OF JOURNALS AND NEWSLETTERS IN VARIOUS PSYCHOLOGY DISCIPLINES TO INFORM MEMBERS AND OTHER PSYCHOLOGY PROFESSIONALS ON PSYCHOLOGY ISSUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Pusateri D02-Executive Director | Officer | 20 | $30,000 |
Susan Nolan D02-President | OfficerTrustee | 20 | $8,000 |
Linda Woolf D35-Council Representative | Trustee | 5 | $0 |
Jeffrey Holmes D02-Treasurer | OfficerTrustee | 10 | $4,000 |
Stephanie Afful D02-Secretary | OfficerTrustee | 10 | $4,000 |
Sarah Friedman D01-Past President; President | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Seventeen17 Management Events Administrative Svcs | 12/30/21 | $130,217 |
Barbara A Keeton Administration Svcs | 12/30/21 | $115,241 |
Amc Source Management Fees | 12/30/21 | $240,357 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,533,773 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $245,902 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,779,675 |
| Total Program Service Revenue | $1,142,239 |
| Investment income | $664,660 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $3,515,786 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,046,628 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,816,658 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $541,952 |
| Grants and other assistance to domestic individuals. | $117,974 |
| Grants and other assistance to Foreign Orgs/Individuals | $30,775 |
| 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 | $585,557 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,884 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $172,700 |
| Fees for services: Other | $1,944,622 |
| Advertising and promotion | $33,265 |
| Office expenses | $256,984 |
| Information technology | $109,881 |
| Royalties | $45,846 |
| Occupancy | $8,000 |
| Travel | $26,664 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $30,075 |
| Conferences, conventions, and meetings | $382,036 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $64,645 |
| Total functional expenses | $5,343,882 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,544,684 |
| Savings and temporary cash investments | $11,549,922 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $419,980 |
| 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 | $427,896 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $25,887,572 |
| Investments—other securities | $0 |
| Investments—program-related | $55,000 |
| Intangible assets | $0 |
| Other assets | $476 |
| Total assets | $39,885,530 |
| Accounts payable and accrued expenses | $473,378 |
| Grants payable | $0 |
| Deferred revenue | $1,190,618 |
| 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 | $1,663,996 |
| Net assets without donor restrictions | $37,709,733 |
| Net assets with donor restrictions | $511,801 |
| 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 | $39,885,530 |
Grants Awarded
Over the last fiscal year, American Psychological Association Inc has awarded $377,792 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: SEE PART IV | $100,000 |
Washington, DC PURPOSE: SEE PART IV | $68,000 |
Chapel Hill, NC PURPOSE: SEE PART IV | $47,860 |
San Francisco, CA PURPOSE: SEE PART IV | $35,056 |
Shrewsbury, MA PURPOSE: SEE PART IV | $20,000 |
Albany, NY PURPOSE: Research Grant Early Career | $20,000 |
Endowment Analysis
| Beg. Balance | $5,505,006 |
| Earnings | $746,341 |
| Admin Expense | $25,665 |
| Net Contributions | $462,500 |
| Other Expense | $112,500 |
| Ending Balance | $6,575,682 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Anchor Mental Health Association Washington, DC | $6,357,621 | $8,527,458 |
Everymind Inc Rockville, MD | $5,412,471 | $9,010,636 |
Mental Health America Inc Alexandria, VA | $14,195,480 | $10,108,066 |
American Psychological Association Inc Washington, DC | $39,885,530 | $8,816,658 |
American Psychiatric Nurses Association Falls Church, VA | $6,382,736 | $5,149,190 |
Mental Health Assoc Of Frederck Cty Frederick, MD | $4,611,054 | $5,107,669 |
Mental Health Association Of Maryland Inc Lutherville, MD | $9,006,036 | $2,320,782 |
Treatment Advocacy Center Arlington, VA | $1,970,585 | $2,479,377 |
The Womens Initiative Charlottesville, VA | $1,529,066 | $2,116,717 |
Alliance For Health Policy Washington, DC | $3,047,947 | $2,462,343 |
The Washington Baltimore Center For Psychoanalysis Inc Washington, DC | $7,812,341 | $1,169,860 |
Nami-Virginia Richmond, VA | $1,243,856 | $961,350 |