NonprofitsReason For Hope Inc

Mental Health & Crisis Intervention

Reason For Hope Inc

NEW YORK, NY

Total revenue

$1.3M

Total expenses

$1.1M

Net assets

$861K

Grants received

$2.9M

12 grants

EIN

872435191

Tax year

2024

Mission

Reason for hope, inc.'s mission is to prevent deaths of despair by helping to develop and advocate for the policy and legal reforms needed to facilitate safe and affordable access to psychedelic and other emerging therapies for the treatment of various mental health conditions.

Programs

1 program

Grant funding: provides funding to veteran mental health leadership coalition for education of veteran community on psychedelic and other emerging therapies for veterans, community organizing and events, consensus policy development, and advocacy.

Expenses: $190KGrants: $190K

Financials

FY 2024

Revenue

Contributions & grants$1.3M
Program service revenue
Investment income$16K
Other revenue
Total revenue$1.3M

Expenses

Grants paid$190K
Salaries & benefits$584K
Fundraising$50K
Other expenses$346K
Total expenses$1.1M
Total assets$895K
Net assets$861K

People

6 listed

NameRoleCompensation

BRETT M WATERS

EXECUTIVE DIRECTOR

Board

$250K

70 hrs/wk

JESSE MACLACHLAN

DIRECTOR OF STATE POLICY

Board

$120K

45 hrs/wk

MARTIN R STEELE

CHIEF EXECUTIVE OFFICER

Board

$120K

20 hrs/wk

HALEY WATERS

DIRECTOR

Board

1 hrs/wk

JULIE WATERS

DIRECTOR

Board

1 hrs/wk

LYNETTE AVERILL PHD

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 12 of 12

FromAmountPurposeYear
$250K
GENERAL SUPPORT OF MISSION
2023
$208K
GENERAL OPERATING SUPPORT
2023
$101K
For grant recipient's exempt purposes
2023
$30K
Grant to support
2023
$53K
For grant recipient's exempt purposes
2022
$25K
GENERAL OPERATING
2022
$8K
OPERATING SUPPORT
2022

Funded by

$2.9M from 9 funders · 12 grants · 2022–2023

Donor Advised Charitable Giving Inc

$1.5M · 2 grants · 2022–2023

Steven & Alexandra Cohen Foundation Inc

$500K · 2 grants · 2022–2023

Daffy Charitable Fund

$250K · 1 grant · 2023

Fidelity Investments Charitable Gift Fund

$154K · 2 grants · 2022–2023

Global Impact

$30K · 1 grant · 2023

Details

EIN872435191
NTEE codeF01
Subsection03
Ruling date2021-12
Formed2021
Employees3
Volunteers0
REASON FOR HOPE INC — Mission, Financials & Grants Received | Grantivo