NonprofitsPearl Psychedelic Institute

Medical Research

Pearl Psychedelic Institute

WAYNESVILLE, NC

Total revenue

$383K

Total expenses

$538K

Net assets

Grants received

$382K

11 grants

EIN

854272437

Tax year

2024

Mission

The pearl psychedelic institute has been created to advance the study and understanding of psychedelic medicines through research, treatment, training and community education.

Financials

FY 2024

Revenue

Contributions & grants$192K
Program service revenue$190K
Investment income
Other revenue$628
Total revenue$383K

Expenses

Grants paid
Salaries & benefits$135K
Fundraising$19K
Other expenses$403K
Total expenses$538K
Total assets$40K
Net assets

People

10 listed

NameRoleCompensation

EHREN CRUZ

BOARD MEMBER

Board

0.5 hrs/wk

JUSTIN POWELL

BOARD MEMBER

Board

0.5 hrs/wk

JOHN MICHAEL KLEDIS

TREASURER

Board

0.5 hrs/wk

LYNN CARLSON

PRESIDENT

Board

1 hrs/wk

KELLY BUTLER

VICE PRESIDENT

Board

1 hrs/wk

COLLIN OBERRY

SECRETARY

Board

0.5 hrs/wk

RAYMOND TURPIN III

CLINICAL AND EXECUTIVE DIRECTOR

Board

35 hrs/wk

BILL ZIMMER

CFO AND COO

Board

10 hrs/wk

LAURA PATE

EMPLOYEE

Staff

15 hrs/wk

KIMBERLY TURPIN

EMPLOYEE

Staff

35 hrs/wk

Grants received

Showing 11 of 11

FromAmountPurposeYear
$57K
FUNDING FOR STAFF SALARIES, FUNDS FOR A RAMP, FUNDRAISING SUPPORT, DRUG SAFE, AND STAFF AND BOARD TRAINING.
2024
$7K
FUNDING TO SUPPORT FINANCIAL AUDIT, CONFERENCE PARTICIPATION, AND TO PURCHASE A KETAMINE INFUSION PUMP, 4 WIRELESS HEADPHONES FOR THERAPY, AND 4 COMPUTERS.
2024
$1K
GENERAL OPERATING SUPPORT
2024
$12K
FUNDING FOR BATHROOM AND MEDICATION CLOSET MODIFICATIONS, AN AED, A PORTABLE WHEELCHAIR RAMP, 4 COMPUTERS, MARKETING MATERIAL, AND SUPPORT FOR THE GALA.
2023
$4K
FUNDING TOWARDS THE PURCHASE A BIO-FEEDBACK BED FOR THE CLINIC, TO HELP REDUCE STRESS AND TO BE USED WITH KETAMINE THERAPY.
2023
$11K
GENERAL SUPPORT
2022
$10K
FUNDING FOR THERAPIST TRAINING AND COMMUNITY EDUCATION FOR LOCAL THERAPIST, INCLUDING PURCHASE OF TRAINING EQUIPMENT, PROVIDE CEUS AND CONDUCT THE TRAINING.
2022
$5K
FUNDING TO FURNISH A THERAPY AND TRAINING AREA AT THE NEW OFFICE AT WAYNESVILLE.
2022
$5K
General & Unrestricted
2022
$5K
FUNDING TO PURCHASE A LASER PRINTER, EMR SYSTEMS TRAINING, DONOR DATABASE PLATFORM ASSISTANCE, TRAINING MANUALS, ROOM DIVIDER, SOUND MITIGATION SYSTEM AND WORKSTATION FOR THE NEW OFFICE.
2022

Funded by

$382K from 5 funders · 11 grants · 2022–2024

Evergreen Foundation

$99K · 7 grants · 2022–2024

Multidisciplinary Association For

$11K · 1 grant · 2022

Colquitt Foundation

$1K · 1 grant · 2024

Details

EIN854272437
NTEE codeH48
Subsection03
Ruling date2022-05
Formed2020
Employees5
PEARL PSYCHEDELIC INSTITUTE — Mission, Financials & Grants Received | Grantivo