Florida Psychiatric Society
- Assets
- $462.5k
- Revenue
- $565.8k
- Investments
- $0.0
- Employees
- 7
- Location
- Tallahassee, FL
- Founding
- 04/1966
- Data as of
- 12/2022
- EIN
- 59-1735183
Organization Overview
Florida Psychiatric Society is located in Tallahassee, FL. The organization was established in 1966. 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, Florida Psychiatric Society employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida Psychiatric Society 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, Florida Psychiatric Society generated $565.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $538.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 6 years. 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 SOCIETY'S MISSION IS TO IMPROVE PSYCHIATRIC PRACTICE AND RESEARCH, TO ADVANCE THE CARE OF PSYCHIATRIC PATIENTS, AND TO RAISE INDUSTRY STANDARDS OF PROFESSIONAL EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOCIETY SEEKS TO IMPROVE PSYCHIATRIC PRACTICE AND RESEARCH, TO ADVANCE THE CARE OF PSYCHIATRIC PATIENTS, AND TO RAISE INDUSTRY STANDARDS OF PROFESSIONAL EDUCATION BY PROVIDING A WIDE RANGE OF EDUCATIONAL AND ADMINISTRATIVE SUPPORT SERVICES TO ITS MEMBERS, INCLUDING CONFERENCES THAT ALLOW MEMBERS TO IMPROVE THEIR STANDARDS OF PRACTICE AND STAY CURRENT WITH DEVELOPMENTS IN THE PROFESSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kendra Adams Executive Di | Officer | 40 | $79,568 |
Jacqueline Hobbs MD PHD Dfapa Director | OfficerTrustee | 1 | $0 |
Cassandra F Newkirk MD Dlfapa Director | OfficerTrustee | 1 | $0 |
Debra Barnett MD Dlfapa Director | OfficerTrustee | 1 | $0 |
Kamron Fariba DO Director | OfficerTrustee | 1 | $0 |
Audrey La Noce DO Fapa Director | OfficerTrustee | 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 | $37,665 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,665 |
| Total Program Service Revenue | $476,916 |
| Investment income | $3,494 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,765 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $565,786 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $79,568 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $84,890 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,541 |
| Payroll taxes | $13,229 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,163 |
| Fees for services: Lobbying | $12,643 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $375 |
| Fees for services: Other | $79,784 |
| Advertising and promotion | $0 |
| Office expenses | $17,061 |
| Information technology | $5,203 |
| Royalties | $0 |
| Occupancy | $12,365 |
| Travel | $6,945 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $156,737 |
| Interest | $19 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,367 |
| Insurance | $5,245 |
| All other expenses | $7,145 |
| Total functional expenses | $538,162 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,544 |
| Savings and temporary cash investments | $160,331 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $40,921 |
| 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 | $11,307 |
| Net Land, buildings, and equipment | $71,605 |
| Investments—publicly traded securities | $148,116 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $659 |
| Total assets | $462,483 |
| Accounts payable and accrued expenses | -$20,850 |
| Grants payable | $0 |
| Deferred revenue | $108,817 |
| 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 | $2,186 |
| Total liabilities | $90,153 |
| Net assets without donor restrictions | $372,330 |
| 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 | $462,483 |