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Nonprofit · EIN 23-7410494

BOSTON GRADUATE SCHOOL OF PSYCHOANALYSIS INC

Tax-exempt · BROOKLINE, MA 02446

Financials

$2.7M$2.2M2023$2.4M$2.6M2024
Revenue Expenses · by fiscal year end
Financials of BOSTON GRADUATE SCHOOL OF PSYCHOANALYSIS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
July 31, 2025990$2,366,165$2,557,452-$191,287$4,682,087$980,549$3,701,538
July 31, 2024990$2,700,974$2,178,118$522,856$4,842,385$1,029,025$3,813,360
Financial details: 990 for the year ended July 31, 2025

Revenue

Contributions, gifts and grants
$207,069
Program service revenue
$2,012,051
Investment income
$147,045
Net gain from sales of assets
$55,925
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$257,934
Other salaries and wages
$1,064,065
Salaries, compensation and benefits (total)
$1,503,101
Professional fundraising fees
$11,397
Legal fees
$79,843
Accounting fees
$44,551
Occupancy
$103,061
Depreciation
$48,511
Program services (functional)
$1,959,109
Management and general (functional)
$501,883
Fundraising (functional)
$96,460

Balance sheet and other

Total assets, start of year
$4,842,385
Total assets, end of year
$4,682,087
Total liabilities, end of year
$980,549
Net assets, end of year
$3,701,538
Land, buildings and equipment
$741,461
Publicly traded securities
$3,131,812
Net assets without donor restrictions
$3,450,266
Net assets with donor restrictions
$251,272
Gross receipts
$4,072,765
Employees
77
Volunteers
12
Year formed
1973
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended July 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
CAROL PANETTAPRESIDENT
Trustee or director, Officer
40$121,554
JANE C SNYDERPROVOST
Officer
20$58,175
MIMI CROWELLBOARD MEMBER
Trustee or director
2$0
VICKI SEMELBOARD MEMBER
Trustee or director
2$0
ALAN LUCASCHAIR
Trustee or director, Officer
2$0
DAVID FOGELTREASURER
Trustee or director, Officer
2$0
JOYCELIN FREDKINBOARD MEMBER
Trustee or director
2$0
EMILY KRETCHMERSECRETARY
Trustee or director, Officer
2$0
KAREN BOTTARBOARD MEMBER
Trustee or director
2$0
DEBORAH L SMITHBOARD MEMBER
Trustee or director
2$0
CARMELA CAPLAINBOARD MEMBER
Trustee or director
2$0
CHRIS BIERBRIERBOARD MEMBER
Trustee or director
2$0
ROBERT STOLZBERGBOARD MEMBER
Trustee or director
2$0
KURT KRUGERBOARD MEMBER
Trustee or director
2$0
990 for the year ended July 31, 2024: 16 people
NameTitleHours / weekCompensationOther / benefits
CAROL PANETTAPRESIDENT
Trustee or director, Officer
40$94,098$5,300
JANE C SNYDERPROVOST
Officer
20$53,718$0
MIMI CROWELLBOARD MEMBER
Trustee or director
2$0$0
VICKI SEMELBOARD MEMBER
Trustee or director
2$0$0
MELISSA KATHERINE FRISTROMBOARD MEMBER
Trustee or director
2$0$0
ALAN LUCASCHAIR
Trustee or director, Officer
2$0$0
CHRISTOPHER DE SOUZABOARD MEMBER
Trustee or director
2$0$0
DAVID FOGELTREASURER
Trustee or director, Officer
2$0$0
JOYCELIN FREDKINBOARD MEMBER
Trustee or director
2$0$0
EMILY KRETCHMERSECRETARY
Trustee or director, Officer
2$0$0
KAREN BOTTARBOARD MEMBER
Trustee or director
2$0$0
DEBORAH L SMITHBOARD MEMBER
Trustee or director
2$0$0
CARMELA CAPLAINBOARD MEMBER
Trustee or director
2$0$0
JEAN CLAUDE NOELBOARD MEMBER
Trustee or director
2$0$0
CHRIS BIERBRIERBOARD MEMBER
Trustee or director
2$0$0
ROBERT STOLZBERGBOARD MEMBER
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
1581 BEACON ST, BROOKLINE, MA 02446-4602
Principal officer (990 for 2024)
CAROL PANETTA, 1581 BEACON STREET, BROOKLINE, MA 02446
Signed the 990
CAROL PANETTA, PRESIDENT
Phone
(617) 277-0021
Return prepared by
LITMANGERSON ASSOCIATES LLP

Mission

BGSP IS COMMITTED TO ADDRESSING THE MOST DIFFICULT MENTAL HEALTH CHALLENGES. UNIQUELY, THE SCHOOL TRAINS ITS GRADUATE STUDENTS TO USE DEEPLY EFFECTIVE THERAPEUTIC TECHNIQUES, ENABLING THEM TO WORK WITH A WIDE RANGE OF MENTAL HEALTH ISSUES IN THE COMMUNITY AND IN THEIR PRIVATE PRACTICES. THE THERAPY CENTER, AN INTEGRAL PART OF BGSP, OFFERS THERAPY TO PEOPLE OF ALL AGES, INCLUDING COUPLES AND FAMILIES, IN AN INCLUSIVE CLINICAL SETTING.

990 for the year ended July 31, 2025

Program accomplishments

  • BGSP OFFERED GRADUATE EDUCATION TO 97 MASTER'S STUDENTS AND 85 DOCTORAL STUDENTS IN MENTAL HEALTH COUNSELING, PSYCHOANALYSIS, AND RELATED FIELDS. OF THESE STUDENTS, 79 PARTICIPATED IN COMMUNITY PROGRAMS OFFERING COUNSELING AND PSYCHOTHERAPY IN A RANGE OF COMMUNITY-BASED SETTINGS, INCLUDING BGSP'S THERAPY CENTER. THE THERAPY CENTER PROVIDED INCOME-SENSITIVE PSYCHOTHERAPY TO CLOSE TO 200 PATIENTS THIS FISCAL YEAR, INCLUDING PATIENTS USING TELEHEALTH.
    Expenses $1,959,109 · revenue $2,012,051

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in July, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025July 31, 2026December 15, 2026Not due yet
2024July 31, 2025December 15, 2025990 on file
2023July 31, 2024December 16, 2024990 on file

IRS record

EIN
23-7410494
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1978
Accounting year ends
July
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B500)
Assets (IRS master file)
$4,682,087
Income (IRS master file)
$4,072,765

Filing history

FormYear endedRevenueExpensesAssetsReturn
990July 2025$2,366,165$2,557,452$4,682,087XML
990July 2024$2,700,974$2,178,118$4,842,385XML
990July 2023$1,982,648$1,874,488$3,980,506IRS
990July 2022–––IRS
990July 2021–––IRS
990July 2020–––IRS
990July 2019–––IRS
990July 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7410494).

Questions about BOSTON GRADUATE SCHOOL OF PSYCHOANALYSIS INC

What is the EIN of BOSTON GRADUATE SCHOOL OF PSYCHOANALYSIS INC?
The employer identification number (EIN) of BOSTON GRADUATE SCHOOL OF PSYCHOANALYSIS INC is 23-7410494.
Is BOSTON GRADUATE SCHOOL OF PSYCHOANALYSIS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
Are donations to BOSTON GRADUATE SCHOOL OF PSYCHOANALYSIS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BOSTON GRADUATE SCHOOL OF PSYCHOANALYSIS INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BOSTON GRADUATE SCHOOL OF PSYCHOANALYSIS INC due?
The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BOSTON GRADUATE SCHOOL OF PSYCHOANALYSIS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended July 2025.
Who is the principal officer of BOSTON GRADUATE SCHOOL OF PSYCHOANALYSIS INC?
The 990 for the year ended July 31, 2025 names CAROL PANETTA.
Who are the officers and directors of BOSTON GRADUATE SCHOOL OF PSYCHOANALYSIS INC?
The 990 for the year ended July 31, 2025 lists 14 people; 2 received compensation from the organization, the highest $121,554 (CAROL PANETTA, PRESIDENT).
How much revenue does BOSTON GRADUATE SCHOOL OF PSYCHOANALYSIS INC have?
On its 990 for the year ended July 31, 2025 it reported revenue of $2,366,165, expenses of $2,557,452 and total assets of $4,682,087 at year end.

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