M Gorman Phychological Associates Inc is a 501(c)(3) organization based in Newton, Massachusetts, registered in 2014, with $1,485,311 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$1.5M
▼ 20.8% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$1.4M
Net assets
$232K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for M Gorman Phychological Associates Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For M Gorman Phychological Associates Inc: 2 mo reserves · +4% margin earns a B on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for M Gorman Phychological Associates Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For M Gorman Phychological Associates Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $45K (FY2013) to $1.5M (FY2024) across 11 reported years.
Financial snapshot
Operating margin
4.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$232K
Total liabilities
$0
Net assets
$232K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,485,311▼20.8% | $1,419,609▼23.8% | $232,231▲39.5% | $232,231▲39.5% | 990 |
| 2023 | $1,876,519▼2.5% | $1,863,054▼12.3% | $166,529▲8.8% | $166,529▲8.8% | 990 |
| 2022 | $1,925,070▲16.4% | $2,124,161▲37.7% | $153,064▼56.5% | $153,064▼56.5% | 990 |
| 2021 | $1,654,108▲33.7% | $1,542,203▲27.7% | $352,155▲46.6% | $352,155▲46.6% | 990 |
| 2020 | $1,237,385▲10.7% | $1,207,486▲17.2% | $240,250▲14.2% | $240,250▲14.2% | 990 |
| 2019 | $1,118,284▲7.1% | $1,029,907▲1.8% | $210,351▲72.5% | $210,351▲72.5% | 990 |
| 2018 | $1,043,736▲4.7% | $1,011,989▲3.4% | $121,974▲35.2% | $121,974▲35.2% | 990 |
| 2017 | $996,485▲10.4% | $978,468▲10.1% | $90,227▲25.0% | $90,227▲25.0% | 990 |
| 2016 | $902,220▲15.7% | $888,558▲19.2% | $72,210▲23.3% | $72,210▲23.3% | 990 |
| 2015 | $779,557▲1630% | $745,662▲8074% | $58,548▲219% | $58,548▲806% | 990 |
| 2013 | $45,052 | $9,122 | -$49,132 | $6,459 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Explore more
Data for M Gorman Phychological Associates Inc (EIN 84-1669692) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.