PSYCHEDELIC RESEARCH AND TRAINING INSTITUTE (EIN 843307188) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

WILHELMINA DE CASTRO

Phone

9097029968

Tax Period

2023-01-01 to 2023-12-31

PSYCHEDELIC RESEARCH AND TRAINING INSTITUTE, founded in 2019, is a small nonprofit in the Education sector that reported $519K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $456K left a modest 12% surplus.

Mission

PRATI IS A NONPROFIT COMMUNITY OF PRACTITIONERS, RESEARCHERS, AND EDUCATORS. THROUGH PSYCHEDELIC MEDICINE, PRATI NURTURES A NEW APPROACH TO MENTAL HEALTH AND ILLUMINATES A PATHWAY FOR INDIVIDUAL AND PLANETARY HEALING. WE DO SO BY EXPANDING PROFESSIONAL CAPACITY FOR TRANSFORMATIONAL CARE, RESTORING A RELATIONAL PARADIGM OF HEALTH AND HEALING, AND CONDUCTING CLINICALLY RELEVANT RESEARCH.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $9,500

Program Service Revenue $509,509

Investment Income $0

Other Revenue $274

TOTAL REVENUE $519,283

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,570

Fundraising Expenses $668

Program Expenses $384,288

Other Expenses $450,775

TOTAL EXPENSES $456,345

Year-over-Year Comparison

	2023	2022	Change
Revenue	$519,283	$440,493	+0.2%
Expenses	$456,345	$325,904	+0.4%
Net Income	$62,938	$114,589	-0.5%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$5,570

Total Directors

$5,570

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILHELMINA DE CASTRO	PRESIDENT	25	Officer Director	$5,570	$0	$5,570
LIA MIX	BOARD MEMBER	2	Director	$0	$0	$0
JOE TAFUR	BOARD MEMBER	0.5	Director	$0	$0	$0
KWASI ADUSEI	BOARD MEMBER	0.5	Director	$0	$0	$0

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
2024	No data	No data	No data	No data
2023	$519,283	$456,345	$248,747	$62,938
2022	$440,493	$325,904	$185,536	$114,589

PSYCHEDELIC RESEARCH AND TRAINING INSTITUTE