We are a non-profit center for psychosocial education and publication. We are all-volunteer run.

501(c)(3) charity; gifts are tax-deductible.
99¢ of each $1 spent went to programs.
Run by 5 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 2
filings with a surplus
Average deficit $7K a year · 4% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
3 mo
of spending, in cash
Looks good: 3.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$209K
+11% vs prior year
Spent
$246K
To programs
99%
Net assets
$63K
By yearFY2022–FY2024
Revenue
$209K
FY2024▲ +11%
Tap a bar for its year
Revenue by fiscal year
FY2022$100K
FY2023$189K
FY2024$209K
Expenses
$246K
FY2024▲ +48%
Tap a bar for its year
Expenses by fiscal year
FY2022Not on file
FY2023$166K
FY2024$246K
Net assets
$63K
FY2024▼ -37%
Tap a bar for its year
Net assets by fiscal year
FY2022$59K
FY2023$100K
FY2024$63K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

99 cents of each dollar spent went to programs.

Program services 99% · $244K Management & general 1% · $1K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Alex Colston’s $4K as Board Member is at the 2nd percentile of top reported officer pay among 2095 $100K–1M mental health nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

See Psychosocial Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides psychosocial education and publishes resources, all run by volunteers.

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Provided by the organization

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3 programs · $244K · in their own filed words · FY2024
01

Parapraxis Magazine

In our very first year, parapraxis has captured the return to freud and, indeed, become synonymous with it. Already promoted in print or forthcoming, parapraxis was profiled on the occasion of its launch in new york magazine, with additional mentions in the new york times, financial times, harper's magazine, dirt magazine, the new…

$244Kprogram expense
02

... Psychosocial foundation. We established the foundation as a place for intellectual and political inquiry into the psychological for the public, particularly for a non-academic or non-specialist audience who don't usually have access to this kind of work.

Pt IX · col B
03

... In two years' time, verso will be printing new books written by those first featured in our pages and edited by parapraxis editors hannah zeavin and alex colston. After just one issue, the all-volunteer magazine had a subscriber base of 1,500. At issue 04, we now have a total print circulation of 3,000 and a forthcoming book series.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$10K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$209K
Ln 12
Fees for servicesLn 2g$209K
Money outPt IX
$246K
Ln 25
Programscol B$244K
Managementcol C$1K
Owns and owesPt X
$63K
net assets · Ln 32
Cash and savingsLn 1–2$63K
Total assetsLn 16$63K
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$209K
Total revenueLn 12$209K
Assets in detailPt X, end of year
CashLn 1$63K
Cash and savings togetherLn 1–2$63K
Total assetsLn 16$63K
LiabilitiesLn 26$0
Net assetsLn 32$63K
OperationsPt I, VI
EmployeesI 50
VolunteersI 65
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$100K$63K
Total assetsLn 16$100K$63K
LiabilitiesLn 26$0$0
Net assetsLn 32$100K$63K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Legal feesLn 11b$1K$1K
Accounting feesLn 11c$180$180
Other fees for servicesLn 11g$64K$64K
Advertising and promotionLn 12$267$267
Office expensesLn 13$144K$144K
Information technologyLn 14$10K$10K
OccupancyLn 16$724$724
TravelLn 17$7K$7K
Conferences, conventions and meetingsLn 19$17K$17K
Other expenses (24a–d)Ln 24$2K$2K
Total functional expensesLn 25$246K$244K$1K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $209K$246K−$37K$63K 990 PDF
FY2023 $189K$166K$22K$100K 990 PDF
FY2022 $100K$59K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $208,935 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $18,317$0
I-9 Program service revenuePrior year $201,282$208,935
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $219,599$208,935
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $179,174$245,762
I-18 Total expensesPrior year $179,174$245,762
I-19 Revenue less expensesPrior year $40,425−$36,827
Part VI · Governance 3 of 3 board members independent, no flags
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $208,935 across 2 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $208,935$208,935
VIII-12 Total revenueRelated to mission $208,935$208,935
Part IX · Statement of functional expenses $245,762 across 10 lines filed
IX-11b Legal feesManagement $1,225$1,225
IX-11c Accounting feesManagement $180$180
IX-11g Other fees for servicesPrograms $63,900$63,900
IX-12 Advertising and promotionPrograms $267$267
IX-13 Office expensesPrograms $143,904$143,904
IX-14 Information technologyPrograms $9,581$9,581
IX-16 OccupancyPrograms $724$724
IX-17 TravelPrograms $6,793$6,793
IX-19 Conferences, conventions and meetingsPrograms $17,179$17,179
IX-24 Other expenses (24a–d)Programs $2,009$2,009
IX-25 Total functional expensesPrograms $244,357 · Management $1,405 · Fundraising $0$245,762
Part X · Balance sheet $62,911 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $99,738$62,911
X-16 Total assetsStart of year $99,738$62,911
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $99,738$62,911
X-32 Total net assets or fund balancesStart of year $99,738$62,911
X-33 Total liabilities and net assetsStart of year $99,738$62,911
Part XI · Reconciliation of net assets $62,911 net assets at year end
XI-1 Total revenue$208,935
XI-2 Total expenses$245,762
XI-3 Revenue less expenses−$36,827
XI-4 Net assets at start of year$99,738
XI-10 Net assets at end of year$62,911

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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