MSPP Home

Request Info | MyCampus Log-In | Site Index | Donate | Search | Help
View site in Spanish using Google Translator

Follow us on Blogs facebook twitter you tube

MSPP Annual Report

Annual Report

Financial Statement

The following are highlights from audited Financial Statements for the Massachusetts School of Professional Psychology, Inc. for the fiscal year beginning June 1, 2010 and ending May 31, 2011.

As the figures below indicate, the financial picture of MSPP continues to strengthen. To highlight a few facts: the number of MSPP donors is growing; the school’s expansion has returned new income; expenses have been carefully monitored; scholarship aid totaled $335,000; the Spring Gala raised $93,128; investment gains were $308,370; operating income reached a new high of $1,114,056.

  • Increase in net assets–$1,422,426
  • Revenue increase over prior year–$2,960,551
  • Expense increase over prior year-$2,757,518
  • Net assets at beginning of year–$3,987,848
  • Net assets at end of year–$5,410,274
  2007 2008 2009 2010 2011
Revenue $6,821,825 $7,576,613 $8,418,207 $12,440,449 $15,401,000
Expenses $6,297,060 $7,223,249 $9,014,741 $11,221,056 $13,978,574
Contributions $224,595 $300,382 $264,674 $295,752 $395,297

 

For detailed information about our financial statements, please call Patrick Capobianco, Vice President of Finance and Operations, at 617-327-6777 with questions.

MSPP 2008 Revenue & Expense Growth

Updated 1/24/12