American Psychedelic Practitioners EIN 87-3397251 Form 990 (PDF) Claim this org

American Psychedelic Practitioners FY2023 filing

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Supports safe, holistic integration of psychedelic medicines and practices into US healthcare. For fiscal year 2023 it reported $337K in revenue, $297K in expenses, and $131K in net assets.Pt I

Type
Unknown exempt organization · Nonprofit
Location
Spokane, WA
Website
appa-us.org
Filings
2 on file (2023–2023)
Revenue
$337KFY2023
Expenses
$297K
Net assets
$131K
People
13
Filings
2
Updates
0
More identity details & actions ⌄
EIN  87-3397251 Unknown exempt organization Spokane, WA
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Size
<$100K
What they do
Supports safe, holistic integration of psychedelic medicines and practices into US healthcare.
Leadership
Hadas Alterman - Secretary · Director of National Policy · $76K
Money in and out
$337K revenue, $297K expenses
Bottom line
+12% surplus margin
Reported financial activity · FY2023
Total revenue
$337K
Pt VIII · Ln 12
Total expenses
$297K
Pt IX · Ln 25
Net assets
$131K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $41K
Where spending went · Part IX cols B–D
Program services $0.71 Management & general $0.23 Fundraising $0.06
Surplus margin
+12%
revenue over expenses, this year
Program spending
71%
of expenses reach programs

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$337K
FY2023
Expenses
$297K
FY2023
Total assets
$132K
FY2023
Total liabilities
$2K
FY2023
Total revenue
$337K
Pt VIII · Ln 12
Total expenses
$297K
Pt IX · Ln 25
Net assets
$131K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$41K
Total assetsPt X · Ln 16$132K
Program-expense ratioPt IX · col B71%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

3 program services account for $210K of program spending, described in the organization's own filed words · FY2023.
01

Creation of the Ppgs

Appa collaborated with brainfutures to spearhead a major milestone for the psychedelic medicine community and field infrastructure. Creating field infrastructure was a major component of appa's mandate, which is to develop the infrastructure white papers that will act as guide posts for the psychedelic medical model (therapeutic…

$210Kprogram expense
02

Educating lawmakers and policy makers about psychedelics, and offering practitioner expertise: one way that appa sought to achieve its goal of creating a world where psychedelics are safely integrated into the american medical system was by educating lawmakers and policy makers in washington DC., colorado, oregon, and california.

Pt IX · col B
03

Member Acquisition and Operational Management

Another critical portion of appa's mandate was to create and sustain a membership of psychedelic practitioners working with legal substances, as well as develop a pipeline for those who were studying to be able to practice with psychedelic substances once the compounds had received fda approval.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAmerican Psychedelic Practitioners
EINHdr · item D87-3397251
Principal addressHdr · item CSpokane, WA
WebsiteHdr · item Jappa-us.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director of National Policy
$76,250Pt VII · Sec A
Of Operations & Closure Consultant
$58,153Pt VII · Sec A
COO, CFO (thru 08/23)
$14,986Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 5 named individuals · Part VII

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants100%$337K
Investment income$177
Total revenueLn 12$337K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.71 Management & general $0.23 Fundraising $0.06
Program services71%$210K
Management & general23%$69K
Fundraising6%$18K
Total functional expensesLn 25$297K

Balance Sheet

Part X · end of year
CashLn 1$132K
Total assetsLn 16$132K
Total liabilitiesLn 26$2K
Total net assetsLn 32$131K
Months of cash on handcomputed5.3

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $132K · Operating expenses/yr $297K
5.3 months
Where the money goes
Program services
Program services $210K · Total expenses $297K
71%
Management & General
Management & general $69K · Total expenses $297K
23%
Fundraising
Fundraising $18K · Total expenses $297K
6%
Cost to raise $1
Fundraising expense $18K · Solicited contributions $337K
$0.05 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $337K · Total revenue $337K
100%
Government reliance
Government grants — · Total revenue $337K
Earned-income share
Program service revenue $0 · Total revenue $337K
0%
Investment reliance
Investment income $177 · Total revenue $337K
+0.05%
Program self-sufficiency
Program service revenue $0 · Total expenses $297K
0%
Growth & trend
Revenue growth (YoY)
This year $337K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $131K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $337K · Expenses $297K
+12%
Liabilities-to-Assets
Total liabilities — · Total assets $132K
Net-asset ratio
Net assets $131K · Total assets $132K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $132K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Hadas Alterman - Secretary · Reported title DIRECTOR OF NATIONAL POLICY · Highest reported compensation $76K · Total expenses $297K
26%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $138K · Total expenses $297K
46%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 71%
Overhead ratio 23%
Fundraising cost ratio 5%
Legal fee ratio 7%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$581K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$23K revenue · ⤓ 990 PDF
FY2023$337K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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