Liabilities / Assets
71st percentile
Higher debt load relative to assets than 71% of similar nonprofits.
Nevada Coalition for Psychedelic Medicines
990 • Fiscal year 2024 • EIN 92-3319884
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.05x
Liabilities / Revenue
65th percentile
Higher debt load relative to revenue than 65% of similar nonprofits.
Net Margin
88th percentile
Higher net margin than 88% of similar nonprofits.
Top Officer Pay
97th percentile
Higher top officer pay than 97% of similar nonprofits.
Top officer pay equals 26.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$113,897
No earlier filing loaded for comparison.
Net Assets
$108,126
No earlier filing loaded for comparison.
Liabilities
$5,771
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$296,353
No earlier filing loaded for comparison.
Expenses
$191,808
No earlier filing loaded for comparison.
Net Income
$104,545
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Nov 3, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $296,353
Mission and Program Overview
Mission
To champion the legalization of psychedelic-assisted therapy and the reduction of penalties. Through education, collaboration, cultural change, and policy reform, we are fighting to save lives and revolutionize mental health.
To educate and advocate for psychedelic-assisted therapy to save lives and improve mental health
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $0 | $104,545 | ▲ $104,545 |
| Savings and Temporary Cash Investments | $401 | $95,304 | ▲ $94,903 |
| Cash and Non-Interest-Bearing Accounts | $3,180 | $18,543 | ▲ $15,363 |
| Accounts Receivable | $0 | $50 | ▲ $50 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $3,581 | $113,897 | ▲ $110,316 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | - | $5,771 | - |
| Total Liabilities | $0 | $5,771 | ▲ $5,771 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $3,581 | $108,126 | ▲ $104,545 |
| Total Liabilities and Net Assets / Fund Balance | $3,581 | $113,897 | ▲ $110,316 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Jonathan Dalton | CEO/President | FT | $77,000 | $77,000 |
| Catherine Cotter | Executive Director/Treasurer | FT | $59,000 | $59,000 |
Board Members and Trustees
| Name | Title |
|---|---|
| Barry Cole | Director |
| Bryan Lang | Director |
| Dr Sam Zand | Director |
| Matt Peek | Director (Until Apr '24) |
| Greg Rea | Director (Until Jan '24) |
| Justin Van Pelt | Director (Until Jan '24) |
| Tory Clark | Director (Until Jan '24) |
| Eric Anderson | Secretary |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $296,243
- Program Service Revenue
- $106
- Investment Income
- $4
- Other Revenue
- $0
- All Other Contributions
- $296,243
- Change in Net Assets
- $104,545
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $127,478 |
| Other Expenses | $64,330 |
| Total Fundraising Expense | $36,872 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $79,100 | $11,300 | $22,600 | $113,000 |
| Fees for Services Lobbying | $24,233 | - | - | $24,233 |
| Travel | $12,641 | $241 | $1,111 | $13,993 |
| Fees for Services Other | $5,400 | - | $8,100 | $13,500 |
| Payroll Taxes | $6,701 | $936 | $2,091 | $9,728 |
| Conferences and Meetings | $6,188 | $331 | $120 | $6,639 |
| Other Salaries and Wages | $1,900 | - | $2,850 | $4,750 |
| Information Technology | $249 | $1,879 | - | $2,128 |
| Fees for Services Accounting | - | $1,803 | - | $1,803 |
| Office Expenses | $10 | $1,095 | - | $1,105 |
| Advertising | $559 | $40 | - | $599 |
| Other Expenses | - | $330 | - | $330 |
| Total Functional Expenses | $136,981 | $17,955 | $36,872 | $191,808 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Subject to proxy tax
- No
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Backup withholding compliance
- Yes
- Business relationship with 35% controlled entity
- No
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- Yes
- CEO compensation reviewed
- No
- Other officer compensation reviewed
- No
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- No
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI, Section A, line 8B
“No committees are able to act on behalf of the board.”
Form 990, Part VI, Section B, line 11B
“The draft Form 990 is prepared by the Coalition's CPA or accounting team and reviewed by the Executive Director and Treasurer for accuracy and completeness. Once the draft is finalized, a full copy is distributed to all board members via email for review. Board members are given an opportunity to ask questions or request clarifications before Form 990 is officially filed with the IRS.”
Form 990, Part VI, Section B, line 12C
“All members of the board, officers, and members of committees with board delegated authority are covered by the written conflict of interest policy and are required to disclose annually any interests that could give rise to conflict. Potential conflicts of interest are reviewed by the Board and if anyone is determined to have a conflict of interest, they will be removed from all meetings, discussions, and will not be allowed to vote in those specified areas of conflict.”
Form 990, Part VI, Section B, line 15
“The Nevada Coalition for Psychedelic Medicines does not employ staff directly. Compensation for the CEO/President and Executive Director/Treasurer is paid by Sierra Psychedelic Society, an unrelated organization, with a portion reimbursed for services provided to the Coalition. To ensure reasonable compensation, the Coalition plans to implement a formal process that includes board review and approval, documentation of deliberations, and reliance on comparability data from nonprofit salary surveys or similarly sized organizations to support compensation decisions.”
Form 990, Part VI, Section C, line 19
“The Nevada Coalition for Psychedelic Medicines' governing documents, conflict of interest policy and financial statements are available for public inspection upon request.”
Form 990, Part VI, Section A, Line 4:
“During the 2024 tax year, the Nevada Coalition for Psychedelic Medicines' bylaws included a member structure; however, the organization has never implemented or maintained formal membership and is governed solely by its Board of Directors. In 2025, the bylaws were amended to remove all language related to membership.”
Filing and Contact Details
Filer
- Filer Name
- Nevada Coalition for
- EIN
- 92-3319884
- Phone
- 7752507973
- Address
- 1350 Feather Way, Reno, NV 89509
Signing Officer
- Name
- Catherine Cotter
- Title
- Executive Director & Treasurer
- Phone
- 7752507973
- Signed
- 2025-11-03
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Catherine Cotter
- Formed
- 2023
- Legal Domicile
- Nv
- Voting Board Members
- 6
- Independent Board Members
- 4
- Employees
- 0
- Volunteers
- 20
Preparer
- Firm
- Eide Bailly LLP
- Address
- 877 W Main St Ste 800, Boise, ID 83702-5858
- Preparer
- Kimberly C Nelson CPA
- Phone
- 2083447150
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| IRS990/Desc | 0 | Legislative Advocacy & Policy Reform:NCPM advocates for legislation and policy reforms that expand access to psychedelic-assisted therapies, particularly for veterans, first responders, and others with treatment-resistant conditions. In 2024, we engaged directly with Nevada legislators, testified at hearings, coordinated with national advocacy partners, and organized public awareness efforts to support safe and regulated access to psychedelic therapies.(Continued on Schedule O)Key accomplishments include:- Meeting with Nevada state senators and assembly members to advance psychedelic therapy legislation.- Providing policy recommendations in collaboration with national partners including veteran and law enforcement non-profits. - Building bipartisan support and educating policymakers on the therapeutic potential and public health benefits of psychedelic-assisted therapy.In 2024, NCPM leadership also served on the Nevada Psychedelic Medicines Working Group, established under SB242 (passed in 2023 with NCPM's support). Through this role and sustained interim advocacy, NCPM helped shape key policy recommendations that led to the introduction of two major bills in 2025: SJR10, a resolution urging Congress to reschedule certain psychedelics, allocate funding for research, and expand access to therapy, and AB378, a pilot program providing regulated access to psilocybin therapy for veterans and former first responders. SJR10 passed with bipartisan support, with 27 legislators signing on as sponsors or co-sponsors; AB378 was similarly backed by 24 bipartisan supporters. Throughout the year, NCPM remained committed to its mission to advance safe, equitable, and science-informed psychedelic policy in Nevada. |
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| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 9728 |
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| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
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| IRS990/PrincipalOfficerNm | 0 | Catherine Cotter |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | Public Education and Community Engagement:NCPM advances public understanding about the therapeutic potential of psychedelic medicines through educational outreach and community engagement efforts aimed at shifting public perception, informing policy, and empowering stakeholders. In 2024, we hosted virtual summits and webinars addressing emerging clinical research and state and federal policy developments, published regular newsletters, and distributed educational content on safe, equitable access to psychedelic therapies. These initiatives aimed to inform both the public and policymakers, supporting cultural change and legislative momentum.(Continued on Schedule O)Accomplishments may include:- Produced and distributed digital newsletters highlighting local and national psychedelic policy developments.- Hosted online educational events, including webinars and virtual summits, to inform the public about access models, research, and regulation.- Maintained active engagement across digital platforms, reaching approximately 2,300 followers across email and combined social platforms.- Provided informational resources to policymakers and the public in support of safe, regulated psychedelic-assisted therapies. |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | Jonathan Dalton |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 1 | Catherine Cotter |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | CEO/President |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 1 | Executive Director/Treasurer |
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| IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt | 0 | The organization does not establish the compensation of the CEO/President nor the Executive Director/Treasurer. Compensation is determined by Sierra Psychedelic Society (SPS), an unrelated organization, and the organization relied on SPS to establish compensation. Schedule J, Part II reports total compensation paid to both officers. The organization reimbursed SPS for officer compensation totalling $113,000 as reported on Form 990, Part IX, Line 5. |
| IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part I, Line 3 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | No committees are able to act on behalf of the board. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | The draft Form 990 is prepared by the Coalition's CPA or accounting team and reviewed by the Executive Director and Treasurer for accuracy and completeness. Once the draft is finalized, a full copy is distributed to all board members via email for review. Board members are given an opportunity to ask questions or request clarifications before Form 990 is officially filed with the IRS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | All members of the board, officers, and members of committees with board delegated authority are covered by the written conflict of interest policy and are required to disclose annually any interests that could give rise to conflict. Potential conflicts of interest are reviewed by the Board and if anyone is determined to have a conflict of interest, they will be removed from all meetings, discussions, and will not be allowed to vote in those specified areas of conflict. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | The Nevada Coalition for Psychedelic Medicines does not employ staff directly. Compensation for the CEO/President and Executive Director/Treasurer is paid by Sierra Psychedelic Society, an unrelated organization, with a portion reimbursed for services provided to the Coalition. To ensure reasonable compensation, the Coalition plans to implement a formal process that includes board review and approval, documentation of deliberations, and reliance on comparability data from nonprofit salary surveys or similarly sized organizations to support compensation decisions. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | The Nevada Coalition for Psychedelic Medicines' governing documents, conflict of interest policy and financial statements are available for public inspection upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | During the 2024 tax year, the Nevada Coalition for Psychedelic Medicines' bylaws included a member structure; however, the organization has never implemented or maintained formal membership and is governed solely by its Board of Directors. In 2025, the bylaws were amended to remove all language related to membership. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section A, line 8b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section B, line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section B, line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section B, line 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Section C, line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part VI, Section A, Line 4: |
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| IRS990/USAddress/CityNm | 0 | Reno |
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| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
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| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Catherine Cotter |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Executive Director & Treasurer |
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Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $113,897
- Liabilities
- $5,771
- Net assets
- $108,126
- Revenue
- $296,353
- Expenses
- $191,808
- Net income
- $104,545