Pravan Foundation Inc
Nonprofit profile at a glance
- EIN
- 660953894
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- San Juan, PR, USA
- Phone
- 7874270700
- Rating
- 61
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Mental Health Association
Reported finances
- Revenue
- $125,261
- Expenses
- $9,304
- Assets
- $122,765
- Liabilities
- $36,983
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- DAVID MELCHOR (EXECUTIVE DIRECTOR)
People named in this filing
- DAVID MELCHOR (EXECUTIVE DIRECTOR)
- TANIA RIVERA (MEDICAL DIRECTOR)
- JOSE ENRIQUE NASSAR (MARKETING)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See schedule o
What it reported doing in 2024
Partnerships for Psychedelic Research - Partnering with the University of Puerto Rico and the Multidisciplinary Association for Psychedelic Studies (MAPS) to conduct groundbreaking research on the potential of MDMA to treat PTSD and other conditions. Together, we aim to generate data that can inform policymakers and advocate for the rescheduling of these medicines to make them legally accessible to those who can benefit.
Operating model
- Revenue model
- Donor-supported. 100% 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 - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 34
- Transparency & Controls: 100
- Sustainability: 85
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 5.9%; rating input score 6
- Program expense ratio: 80%; rating input score 80
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 92.6%; rating input score 99; 99th percentile among comparable filings
- Total-asset coverage ratio: 13.19; rating input score 99; 99th percentile among comparable filings
- Liabilities to assets ratio: 0.3; rating input score 15; 15th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 5.9% of revenue deployed · 80% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $7K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- 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 — Financial Efficiency: Mission deployment rate scored 6/100.
- High — Sustainability: Liabilities to assets ratio scored 15/100.