THE PEARL PSYCHEDELIC INSTITUTE (EIN 854272437) - 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

2020

Legal Domicile

Principal Officer

RAYMOND TURPIN III

Phone

8285071421

Tax Period

2025-01-01 to 2025-12-31

THE PEARL PSYCHEDELIC INSTITUTE, founded in 2020, is a small nonprofit in the Medical Research sector that reported $536K in total revenue in fiscal year 2025. Revenue surged 40% from the prior year, signaling strong growth momentum. Expenses of $667K exceeded revenue, resulting in a 24% operating deficit.

Mission

THE PEARL PSYCHEDELIC INSTITUTE HAS BEEN CREATED TO ADVANCE THE STUDY AND UNDERSTANDING OF PSYCHEDELIC MEDICINES THROUGH RESEARCH, TREATMENT, TRAINING AND COMMUNITY EDUCATION.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $142,553

Program Service Revenue $393,752

Investment Income $0

Other Revenue $0

TOTAL REVENUE $536,305

Expense Breakdown

Grants Paid $0

Salaries & Benefits $82,214

Fundraising Expenses $22,187

Program Expenses $588,165

Other Expenses $584,756

TOTAL EXPENSES $666,970

Year-over-Year Comparison

	2025	2024	Change
Revenue	$536,305	$382,706	+0.4%
Expenses	$666,970	$537,615	+0.2%
Net Income	$-130,665	$-154,909	-0.2%

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

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

$44,000

Total Directors

Key Employees

$151,072

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ASHLEY ROBINSON	EMPLOYEE	15.00	Key Emp	$36,503	$0	$73,006
RAYMOND TURPIN III	CLINICAL AND EXECUTIVE DIRECTOR	35.00	Officer Key Emp	$22,000	$0	$44,000
KIMBERLY TURPIN	EMPLOYEE	35.00	Key Emp	$17,033	$0	$34,066
BILL ZIMMER	TREASURER	10.00	Officer Director	$0	$0	$0
LYNN CARLSON	PRESIDENT	1.00	Officer Director	$0	$0	$0
NICK NOWAK	BOARD MEMBER	1.00	Director	$0	$0	$0
GINA GIORGIO	SECRETARY	0.50	Officer Director	$0	$0	$0
ANTHONY RIVERA	BOARD MEMBER	0.50	Director	$0	$0	$0
ALEX SIMON	BOARD MEMBER	0.50	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
2025	$536,305	$666,970	$19,616	$-130,665
2024	No data	No data	No data	No data
2023	$630,212	$539,456	$82,530	$90,756

THE PEARL PSYCHEDELIC INSTITUTE