Reno, NV
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Nevada Coalition for Psychedelic Medicines, founded in 2023, is a small nonprofit in the Mental Health sector that reported $296K in total revenue in fiscal year 2024. Revenue surged 1097% from the prior year, signaling strong growth momentum. The organization ran a surplus of $105K, a strong 35% operating margin.
To champion the legalization of psychedelic-assisted therapy and the reduction of penalties. Through education, collaboration, cultural change, and policy reform, we are fighting to save lives and revolutionize mental health.
Legislative Advocacy & Policy Reform:NCPM advocates for legislation and policy reforms that expand access to psychedelic-assisted therapies, particularly for veterans, first responders, and others...
Legislative Advocacy & Policy Reform:NCPM advocates for legislation and policy reforms that expand access to psychedelic-assisted therapies, particularly for veterans, first responders, and others with treatment-resistant conditions. In 2024, we engaged directly with Nevada legislators, testified at hearings, coordinated with national advocacy partners, and organized public awareness efforts to support safe and regulated access to psychedelic therapies.(Continued on Schedule O)Key accomplishments include:- Meeting with Nevada state senators and assembly members to advance psychedelic therapy legislation.- Providing policy recommendations in collaboration with national partners including veteran and law enforcement non-profits. - Building bipartisan support and educating policymakers on the therapeutic potential and public health benefits of psychedelic-assisted therapy.In 2024, NCPM leadership also served on the Nevada Psychedelic Medicines Working Group, established under SB242 (passed in 2023 with NCPM's support). Through this role and sustained interim advocacy, NCPM helped shape key policy recommendations that led to the introduction of two major bills in 2025: SJR10, a resolution urging Congress to reschedule certain psychedelics, allocate funding for research, and expand access to therapy, and AB378, a pilot program providing regulated access to psilocybin therapy for veterans and former first responders. SJR10 passed with bipartisan support, with 27 legislators signing on as sponsors or co-sponsors; AB378 was similarly backed by 24 bipartisan supporters. Throughout the year, NCPM remained committed to its mission to advance safe, equitable, and science-informed psychedelic policy in Nevada.
Public Education and Community Engagement:NCPM advances public understanding about the therapeutic potential of psychedelic medicines through educational outreach and community engagement efforts...
Public Education and Community Engagement:NCPM advances public understanding about the therapeutic potential of psychedelic medicines through educational outreach and community engagement efforts aimed at shifting public perception, informing policy, and empowering stakeholders. In 2024, we hosted virtual summits and webinars addressing emerging clinical research and state and federal policy developments, published regular newsletters, and distributed educational content on safe, equitable access to psychedelic therapies. These initiatives aimed to inform both the public and policymakers, supporting cultural change and legislative momentum.(Continued on Schedule O)Accomplishments may include:- Produced and distributed digital newsletters highlighting local and national psychedelic policy developments.- Hosted online educational events, including webinars and virtual summits, to inform the public about access models, research, and regulation.- Maintained active engagement across digital platforms, reaching approximately 2,300 followers across email and combined social platforms.- Provided informational resources to policymakers and the public in support of safe, regulated psychedelic-assisted therapies.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $296,353 | $24,751 | +11.0% |
| Expenses | $191,808 | $21,210 | +8.0% |
| Net Income | $104,545 | $3,541 | +28.5% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Eric Anderson | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Catherine Cotter | Executive Director/Treasurer | 40.00 |
Officer
Director
|
$59,000 | $0 | $59,000 |
| Jonathan Dalton | CEO/President | 40.00 |
Officer
Director
|
$77,000 | $0 | $77,000 |
| Greg Rea | Director (Until Jan '24) | 1.00 |
Director
|
$0 | $0 | $0 |
| Tory Clark | Director (Until Jan '24) | 1.00 |
Director
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$0 | $0 | $0 |
| Justin Van Pelt | Director (Until Jan '24) | 1.00 |
Director
|
$0 | $0 | $0 |
| Bryan Lang | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Matt Peek | Director (Until Apr '24) | 1.00 |
Director
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$0 | $0 | $0 |
| Barry Cole | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Dr Sam Zand | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $296,353 | $191,808 | $113,897 | $104,545 |
Compare Nevada Coalition for Psychedelic Medicines with other nonprofits in Nevada and across the country.