Civic Intelligence

Pearl Psychedelic Institute

990EZ • Fiscal year 2021 • EIN 85-4272437

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 10, 2022

Organization Profilewww.pearlpsychedelicinstitute.org
255 Chestnut Flats LaneWaynesville, NC 28786

(828) 507-1421

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

97th percentile

1.33x

Higher debt load relative to assets than 97% of similar nonprofits.

2021 filings • NTEE H • <$500k nonprofits • Source year 2021

Liabilities / Revenue

93rd percentile

0.65x

Higher debt load relative to revenue than 93% of similar nonprofits.

2021 filings • NTEE H • <$500k nonprofits • Source year 2021

Net Margin

26th percentile

-16%

Higher net margin than 26% of similar nonprofits.

2021 filings • NTEE H • <$500k nonprofits • Source year 2021

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • NTEE H • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Balance Sheet
Liabilities / Assets97th percentile

Assets

$8,979

No earlier filing loaded for comparison.

Net Assets

-$2,921

No earlier filing loaded for comparison.

Liabilities

$11,900

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin26th percentile

Revenue

$18,204

No earlier filing loaded for comparison.

Expenses

$21,125

No earlier filing loaded for comparison.

Net Income

-$2,921

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0-$50K-$100KAssets 2021: $8,979Liabilities 2021: $11,900Net Assets 2021: -$2,9212021Assets 2022: $12,813Liabilities 2022: $22,089Net Assets 2022: -$9,2762022Assets 2023: $82,530Liabilities 2023: $1,050Net Assets 2023: $81,4802023Assets 2024: $39,864Liabilities 2024: $113,293Net Assets 2024: -$73,4292024

Highlighted filing

2021

Assets$8,979
Liabilities$11,900
Net Assets-$2,921
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2021: $18,204Expenses 2021: $21,125Net Income 2021: -$2,9212021Revenue 2022: $86,715Expenses 2022: $93,070Net Income 2022: -$6,3552022Revenue 2023: $630,212Expenses 2023: $539,456Net Income 2023: $90,7562023Revenue 2024: $382,706Expenses 2024: $537,615Net Income 2024: -$154,9092024

Highlighted filing

2021

Revenue$18,204
Expenses$21,125
Net Income-$2,921
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 10, 2022
Return Version
2021v4.0
Gross Receipts
$18,204
Mission and Program Overview

Mission

The Pearl Psychedelic Institute is a nonprofit that aims to bring psychedelic-assisted psychotherapy into mainstream practice through research, treatment, and training while reducing the barriers to patient access.

Program Services

DescriptionGrantsExpenses
The Pearl Psychedelic Institute has been created to advance the study and understanding of psychedelic medicines through research, treatment, training and community education.--
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
RAYMOND TURPIN IIIPresident-$0--
BILL ZIMMERVice President-$0--
LEAH RAINISSecretary-$0--
JOHN MICHAEL KLEDISTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
The Pearl Psychedelic Institute
EIN
85-4272437
Phone
8285071421
Address
255 CHESTNUT FLATS LANE, WAYNESVILLE, NC 28786

Signing Officer

Name
Raymond Turpin
Title
President
Signed
2022-06-10
Discuss with paid preparer
Yes

Preparer

Firm
Peridot Consulting Inc
Address
PO Box 8904, Asheville, NC 28814
Preparer
John Michael Kledis EA
Phone
8282426971
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $200”

Other Expenses.1002

“Office Expenses $4211”

Other Expenses.1012

“Insurance $5042”

Total Liabilities.1006

“Payable to Officers, Directors, Etc. - Beginning $0 Payable to Officers, Directors, Etc. - Ending $11900”

Raw XML Appendix120 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/BooksInCareOfDetail/PersonNm0RAYMOND TURPIN III
IRS990EZ/BooksInCareOfDetail/PhoneNum08285071421
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0255 CHESTNUT FLATS LN
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WAYNESVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028786
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt08979
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IRS990EZ/ContributionsGiftsGrantsEtcAmt018204
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IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-2921
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt04537
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
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IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-2921
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RAYMOND TURPIN III
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BILL ZIMMER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LEAH RAINIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JOHN MICHAEL KLEDIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt09453
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0The Pearl Psychedelic Institute is a nonprofit that aims to bring psychedelic-assisted psychotherapy into mainstream practice through research, treatment, and training while reducing the barriers to patient access.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The Pearl Psychedelic Institute has been created to advance the study and understanding of psychedelic medicines through research, treatment, training and community education.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt07135
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt011900
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt021125
IRS990EZ/TotalRevenueAmt018204
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://www.pearlpsychedelicinstitute.org
IRS990ScheduleA/HospitalInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $4211
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $5042
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Payable to Officers, Directors, Etc. - Beginning $0 Payable to Officers, Directors, Etc. - Ending $11900
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Total Liabilities.1006
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RAYMOND TURPIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-06-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE PEARL PSYCHEDELIC INSTITUTE
ReturnHeader/Filer/BusinessNameControlTxt0PEAR
ReturnHeader/Filer/EIN0854272437
ReturnHeader/Filer/PhoneNum08285071421
ReturnHeader/Filer/USAddress/AddressLine1Txt0255 CHESTNUT FLATS LANE
ReturnHeader/Filer/USAddress/CityNm0WAYNESVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028786
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0814577555
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Peridot Consulting Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 8904
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Asheville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028814
ReturnHeader/PreparerPersonGrp/PhoneNum08282426971
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0John Michael Kledis EA
ReturnHeader/ReturnTs02022-06-10T12:31:24-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RAYMOND
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0TURPIN
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,979
Liabilities
$11,900
Net assets
-$2,921
Revenue
$18,204
Expenses
$21,125
Net income
-$2,921
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.40$1.13$0.73$3.83$5.38$1.55
2023Detailed filing. Detailed filing data is available for this year.$0.83$0.01$0.81$6.30$5.39$0.91
2022Detailed filing. Detailed filing data is available for this year.$0.13$0.22$0.09$0.87$0.93$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.09$0.12$0.03$0.18$0.21$0.03