American Psychedelic Practitioners Association

Nonprofit profile at a glance

EIN
873397251
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-N 2022
Location
Monterey, CA, USA
Phone
4153129565
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Research Institutes and/or Public Policy Analysis

Reported finances

Revenue
$22,778
Expenses
$150,296
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Highest reported compensation

  • MEGAN BOWERS PATTERSON INTERIM (ED (THRU 6/24), CLOSURE CONSULTANT): $52,142 total reported compensation
  • HADAS ALTERMAN SECRETARY (DIRECTOR OF COMMUNICATIONS & POLICY (THRU 03/24)): $29,552 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Safely and holistically support the integration of psychedelic medicines and practices into the us healthcare system.

What it reported doing in 2024

Development of the clinical practice guidelines project: the development process for the clinical practice guidelines was the follow-up to appa's professional practice guidelines, which was a multi-phased effort designed to integrate scientific research with clinical insights. It began with an extensive review of current literature and emerging data in psychedelic-assisted therapies, laying an evidence-based foundation. Next, a panel of expertsincluding seasoned clinicians, researchers, and ethical advisorscame together to identify critical practice areas and draft preliminary recommendations. Through a series of iterative workshopping and consultations, feedback was collected and incorporated, ensuring that the guidelines were comprehensive and responsive to real-world challenges. Following these efforts, there was an initiative to assemble a dedicated working group to develop clinical practice guidelinesstructured, evidence-based recommendations intended to help clinicians deliver consistent and effective care, but this endeavor was halted when the organization had to conclude its operations.

Operating model

Revenue model
Donor-supported. 66% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 91
  • Transparency & Controls: 92
  • Accountability: 69
  • Sustainability: 5
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 83.1%; rating input score 83
  • Fundraising efficiency: $19.23 raised per $1 spent on fundraising; rating input score 66; 66th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 2 of 8 controls in place; rating input score 25
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -559.8%; rating input score 7; 7th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 54.4%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: -50.6% per year; rating input score 0; 6th percentile among comparable filings
  • Revenue growth: -174.7% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: -200% per year; rating input score 0; 0th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 83.1% of spending went to programs
  • Governance: 7 of 7 board members independent · 2 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $125K in reported program spending
  • Leadership: top reported pay $52K · 8 people listed
  • Consistency: 21 of 21 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Governance controls: 5 of 7 not reported.
  • High — Sustainability: Operating margin scored 7/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 6/100.