ERASE PTSD NOW INC

EIN: 263006397 501(c)(3) Medical Research

LAKE WORTH, FL

Total Revenue
$1,540,954
Total Expenses
$1,534,965
Total Assets
$1,361,658
Net Assets
$1,361,658
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
IL
Principal Officer
PAUL TOOLAN
Phone
7736831211
Tax Period
2025-01-01 to 2025-12-31

ERASE PTSD NOW, founded in 2008, is a community nonprofit in the Medical Research sector that reported $3.0M in total revenue in fiscal year 2021. Revenue surged 6720% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.9M, a strong 97% operating margin.

Mission

ERASE PTSD NOW EXISTS TO ERADICATE THE INDIVIDUAL, FAMILIAL, AND SOCIETAL IMPACTS OF PTSD BY PERFORMING SCIENTIFIC RESEARCH, RAISING AWARENESS TO LESSEN STIGMA, AND TREATMENT SPONSORSHIP TO ELIMINATE BARRIERS TO TREATMENT FOR SUFFERERS AND THEIR FAMILIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $1,492,415
Program Service Revenue $0
Investment Income $29,528
Other Revenue $19,011
TOTAL REVENUE $1,540,954

Expense Breakdown

Grants Paid $744,120
Salaries & Benefits $108,617
Fundraising Expenses $54,308
Program Expenses $1,310,537
Other Expenses $682,228
TOTAL EXPENSES $1,534,965

Year-over-Year Comparison

2025 2024 Change
Revenue $1,540,954 $2,126,795 -0.3%
Expenses $1,534,965 $1,462,218 +0.0%
Net Income $5,989 $664,577 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
6
Independent Members
6
Employees
1
Volunteers
120

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$100,000
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LT COLONEL PAUL TOOLAN CHAIRMAN OF THE BOARD 2.00
Officer Director
$0 $0 $0
DR KIM LODEWYK TREASURER 2.00
Officer Director
$0 $0 $0
DR MICHELLE KUKLA SECRETARY 2.00
Officer Director
$0 $0 $0
MARK DOYLE BOARD MEMBER 2.00
Director
$0 $0 $0
MEREDITH GREENBERG BOARD MEMBER 2.00
Director
$0 $0 $0
DR EUGENE LIPOV FOUNDER/ADVISOR 2.50
Director
$0 $0 $0
PAUL BLAVIN BOARD MEMBER 2.00
Director
$0 $0 $0
COLLEN LACOSTA EXECUTIVE DIRECTOR 40.00
Officer
$100,000 $0 $100,000
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,540,954 $1,534,965 $1,361,658 $5,989
2024 No data No data No data No data
2023 $243,859 $937,747 $708,290 $-693,888
2022 $36,751 $1,587,879 $1,402,178 $-1,551,128
2021 $3,044,101 $102,747 $2,953,306 $2,941,354
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ERASE PTSD NOW INC with other nonprofits in Illinois and across the country.