GATHER WELL PSCHEDELICS INC

EIN: 853421070 501(c)(3) Mental Health

NEVADA CITY, CA

Total Revenue
$592,099
Total Expenses
$710,448
Total Assets
$21,489
Net Assets
$13,934
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
DE
Phone
2027395284
Tax Period
2024-01-01 to 2024-12-31

GATHER WELL PSCHEDELICS INC, founded in 2020, is a small nonprofit in the Mental Health sector that reported $592K in total revenue in fiscal year 2024. Expenses of $710K exceeded revenue, resulting in a 20% operating deficit.

Mission

TO RESEARCH THE EFFECTIVENESS OF VARIOUS KINDS OF THERAPEUTIC AND EDUCATIONAL APPROACHES TO PSYCHEDELIC ASSISTED THERAPY. IN ORDER TO PROVIDE THE RESEARCH COMPONENTS WE WILL TRAIN PRACTIONERS TO PROVIDE TREATMENT FOR RESEARCH.

Program Service Accomplishments

Program 1
Expenses: $481,959 Revenue: $592,083

THE ORGANIZATION OFFERS TWO PROGRAMS: GROUNDWORK AND A GUIDE APPRENTICESHIP PROGRAM. THE PURPOSE OF THE 8-MONTH GROUNDWORK PROGRAM IS TO OFFER THOSE WHO ARE INTERESTED IN, INTENDING TO, OR CURRENTLY...

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THE ORGANIZATION OFFERS TWO PROGRAMS: GROUNDWORK AND A GUIDE APPRENTICESHIP PROGRAM. THE PURPOSE OF THE 8-MONTH GROUNDWORK PROGRAM IS TO OFFER THOSE WHO ARE INTERESTED IN, INTENDING TO, OR CURRENTLY FACILITATING NON-ORDINARY OR POTENTIALLY TRANSFORMATIONAL STATES, AN OPPORTUNITY TO DO INNER EXPLORATION WORK RELATED TO THE QUALITIES WE FEEL ARE IMPORTANT IN A GUIDE: PRESENCE, SELF-AWARENESS, AWARENESS OF SOCIAL AND CULTURAL SYSTEMS AND THEIR RELATIONSHIP TO POWER, COMPASSION FOR SELF AND OTHERS, HUMILITY, CAPACITY TO BE WITH COMPLEX SITUATIONS OR OTHERS PRESENTATIONS, AND A STRONG SENSE OF ETHICS AND RESPONSIBILITY. THE GUIDE APPRENTICESHIP AT GATHER WELL IS AN IMMERSIVE 18-MONTH PROGRAM DESIGNED TO PREPARE GUIDES WHO CAN HOLD SAFE, ETHICAL, AND SPIRITUALLY ATTUNED TRANSFORMATIVE EXPERIENCES. GATHER WELLS PRIMARY FOCUS IS OFFERING PROGRAMS IN ETHICAL FACILITATION IN A GROUP FORMAT THAT INTEGRATES EMERGENT BEST PRACTICE WITH AN INDIGENOUS-INFORMED APPROACH. THE APPRENTICESHIP BLENDS RIGOROUS DIDACTIC LEARNING WITH EXPERIENTIAL PRACTICE, EMPHASIZING CULTURAL AWARENESS, RELATIONAL DYNAMICS, TRAUMA-INFORMED CARE, SPIRITUAL GROWTH, AND THE DEVELOPMENT OF GUIDES FROM THE INSIDE OUT, ALL WITHIN A LEGALLY COMPLIANT FRAMEWORK. APPRENTICES ENGAGE IN OVER 500 HOURS OF HYBRID TRAINING AS THEY MOVE FROM OBSERVATION TO ASSISTING TO GUIDING SESSIONS, SUPPORTED AT EVERY STAGE BY MENTORSHIP AND A STRONG ETHICAL INFRASTRUCTURE. THIS LONG-FORM PROCESS ENSURES GUIDES EMERGE GROUNDED, ACCOUNTABLE, AND EQUIPPED TO FACILITATE TRANSFORMATIVE CARE RESPONSIBLY.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $508,000
Program Service Revenue $84,086
Investment Income $0
Other Revenue $13
TOTAL REVENUE $592,099

Expense Breakdown

Grants Paid $0
Salaries & Benefits $518,762
Fundraising Expenses $51,876
Program Expenses $481,959
Other Expenses $191,686
TOTAL EXPENSES $710,448

Year-over-Year Comparison

2024 2023 Change
Revenue $592,099 N/A N/A
Expenses $710,448 N/A N/A
Net Income $-118,349 N/A N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
1
Independent Members
N/A
Employees
6
Volunteers
N/A

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
1
$81,475
Total Directors
0
$0
Key Employees
4
$191,777
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNIFER COLLOTTA EMPLOYEE 40.00
Key Emp
$85,750 $0 $85,750
NAAMA GROSSBARD EXECUTIVE DIRECTOR 40.00
Officer
$81,475 $0 $81,475
NIKIYA SCHWARZ EMPLOYEE 15.00
Key Emp
$58,811 $0 $58,811
FLORIE ST AIME EMPLOYEE 8.00
Key Emp
$23,608 $0 $23,608
SUSAN WEISS N/A 7.00
Key Emp
$23,608 $0 $23,608
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 $592,099 $710,448 $21,489 $-118,349
2023 $560,701 $773,308 $126,317 $-212,607
2022 $138,624 $961,413 $2,604,714 $-822,789
2021 $4,501,399 $1,871,034 $3,754,554 $2,630,365
2021 $336,593 $915,794 $3,362,461 $-579,201
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