Psychoanalytic Center Of The Carolinas Inc
- Assets
- $1.9m
- Revenue
- $701.5k
- Investments
- $0.0
- Employees
- 11
- Location
- Chapel Hill, NC
- Founding
- 05/1981
- Data as of
- 06/2023
- EIN
- 56-1258644
Organization Overview
Psychoanalytic Center Of The Carolinas Inc is located in Chapel Hill, NC. The organization was established in 1981. According to its NTEE Classification (F31) the organization is classified as: Psychiatric Hospitals, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2023, Psychoanalytic Center Of The Carolinas Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Psychoanalytic Center Of The Carolinas 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, Psychoanalytic Center Of The Carolinas Inc generated $701.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.7% each year . All expenses for the organization totaled $725.8k during the year ending 06/2023. While expenses have increased by 29.9% per year over the past 7 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 PROMOTE EMOTIONAL RESILIENCE BY UNDERSTANDING THE MIND THROUGH PSYCHOANALYTIC EDUCATION, PRACTICE AND SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROFESSIONAL TRAINING IN PSYCHOANALYSIS AND PSYCHOANALYTIC PSYCHOTHERAPY. TRAINING INCLUDES CLASSROOM STUDY, HAVING ONE'S OWN PSYCHOANALYSIS OR PSYCHOANALYTIC TREATMENT AND TREATING PATIENTS IN PSYCHOANALYSIS OR PSYCHODYNAMIC PSYCHOTHERAPY UNDER CLOSE SUPERVISION. APPROXIMATELY 15 SEPARATE CLASSES ARE OFFERED DURING THE YEAR. CLASSES ARE HELD IN THE SPRING AND FALL AND BENEFIT APPROXIMATELY 200 PEOPLE.
CIRCLE OF SECURITY PROGRAM. AN INTENSIVE FOUR DAY EVIDENCED-INFORMED TRAINING AND LECTURE PROGRAM FOR MENTAL HEALTH PROFESSIONALS AND PARENT EDUCATORS WHO WORK WITH FAMILIES. THE PROGRAM IS OFFERED EACH SPRING AND BENEFITS APPROXIMATELY 100 PEOPLE.
MEMBER SERVICES. REPRESENT THE INTERESTS OF MEMBERS AT THE AMERICAN PSYCHOANALYTIC ASSOCIATION AND OTHER NATIONAL AND STATE ORGANIZATIONS. PROVIDE SUPPORT TO PSYCHOANALYST AND PSYCHOTHERAPIST THROUGH CONTINUING EDUCATION IN SCIENTIFIC MEETINGS, ACADEMIC PROGRAMS AND STUDY GROUPS. MEETINGS/GROUPS ARE HELD THROUGHOUT THE YEAR AND BENEFIT APPROXIMATELY 300 PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Erskine Past President | OfficerTrustee | 2 | $4,750 |
Dhipthi Brundage Board Member | Trustee | 5 | $18,775 |
Patricia Wilson Board Member | Trustee | 5 | $0 |
John Riley Membership Committee Chair | Trustee | 1 | $0 |
Harold Kudler President | OfficerTrustee | 5 | $0 |
Burton Hutto Secretary | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $27,815 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $497,788 |
| Noncash contributions included in lines 1a–1f | $6,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $525,603 |
| Total Program Service Revenue | $129,341 |
| Investment income | $46,530 |
| 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 | $701,474 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $86,628 |
| Grants and other assistance to domestic individuals. | $107,141 |
| 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 | $257,907 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,841 |
| Payroll taxes | $21,707 |
| 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 | $540 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,324 |
| Travel | $25,632 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,931 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,252 |
| All other expenses | $43,744 |
| Total functional expenses | $725,760 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $54,602 |
| Savings and temporary cash investments | $482,246 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | -$245 |
| 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 | $1,403,455 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,940,058 |
| 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 | $8,358 |
| Total liabilities | $8,358 |
| Net assets without donor restrictions | $1,090,134 |
| Net assets with donor restrictions | $841,566 |
| 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 | $1,940,058 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hillside Inc Atlanta, GA | $15,825,442 | $22,393,182 |
Ridgeview Psychiatric Hospital And And Center Inc Oak Ridge, TN | $24,081,709 | $19,332,753 |
Nursing Center At Little Creek Knoxville, TN | $1,945,745 | $3,865,127 |
Pastoral Institute Inc Columbus, GA | $19,920,443 | $2,455,113 |
Psychoanalytic Center Of The Carolinas Inc Chapel Hill, NC | $1,940,058 | $701,474 |
The Saluda Counseling Services Center Inc Rock Hill, SC | $0 | $0 |