North Carolina Psycological Association Inc
- Assets
- $318.6k
- Revenue
- $404.8k
- Investments
- $0.0
- Employees
- 3
- Location
- Raleigh, NC
- Founding
- 07/1979
- Data as of
- 06/2022
- EIN
- 56-1242192
Organization Overview
North Carolina Psycological Association Inc is located in Raleigh, NC. The organization was established in 1979. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, North Carolina Psycological Association Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Carolina Psycological 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 06/2022, North Carolina Psycological Association Inc generated $404.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $319.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (6.5%) per year over the past 7 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
TO ADVOCATE FOR PSYCHOLOGY AS A SCIENCE, A PROFESSION, AND A MEANS OF PROMOTING HUMAN WELFARE, AS WELL AS PROVIDING AN ORGANIZED VOICE FOR PSYCHOLOGY IN NORTH CAROLINA AND PROMOTING HIGH STANDARDS FOR THE PROFESSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO HOLD CONFERENCES, SEMINARS, AND CONTINUING EDUCATION TO SUPPORT AND FACILITATE THE STUDY OF PSYCHOLOGY.
THE DIVISION OF PROFESSIONAL PRACTICE HOLDS SEMINARS AND PUBLISHES NEWSLETTERS TO EDUCATE AND PROMOTE THE MARKETING OF PSYCHOLOGICAL SERVICES.
PUBLICATION OF A NEWSLETTER TO DISTRIBUTE PSYCHOLOGY-RELATED ARTICLES AND INFORMATION TO ENHANCE PROFESSIONAL KNOWLEDGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martha Turner-Quest Executive Di | Officer | 40 | $98,489 |
Susan Hill Edd President | OfficerTrustee | 1 | $0 |
Blanka Angyal Eds Director | Trustee | 1 | $0 |
Adeirdre Stribling Riley PHD Director | Trustee | 1 | $0 |
Amanda Seavey PHD Treasurer | OfficerTrustee | 1 | $0 |
April Harris-Britt PHD Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $219,031 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,078 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $221,109 |
| Total Program Service Revenue | $104,502 |
| Investment income | $7 |
| 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 | $404,773 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $25,000 |
| 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. | $98,486 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $58,961 |
| Pension plan accruals and contributions | $7,738 |
| Other employee benefits | $3,184 |
| Payroll taxes | $6,085 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,538 |
| Fees for services: Lobbying | $34,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,243 |
| Advertising and promotion | $3,209 |
| Office expenses | $3,882 |
| Information technology | $11,104 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $487 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,090 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $926 |
| Insurance | $3,545 |
| All other expenses | $8,590 |
| Total functional expenses | $319,141 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $241,946 |
| Savings and temporary cash investments | $73,816 |
| 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 | $2,845 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $318,607 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $318,607 |
| 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 | $318,607 |