Skip to main content

Nonprofit · EIN 84-3307188

PSYCHEDELIC RESEARCH AND TRAINING INSTITUTE

Also known as PRATI

Tax-exempt (reinstated) · FORT COLLINS, CO 80525

Financials

$519K$456K2023$560K$511K2024$449K$504K2025
Revenue Expenses · by fiscal year end
Financials of PSYCHEDELIC RESEARCH AND TRAINING INSTITUTE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$449,479$503,722-$54,243$242,683$0$242,683
December 31, 2024990$559,658$511,479$48,179$296,926$0$296,926
December 31, 2023990$519,283$456,345$62,938$248,747$0$248,747
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$8,307
Program service revenue
$435,272
Investment income
$0
Net income from fundraising events
$4,050
Net income from sales of inventory
$1,850
Other revenue
$5,900

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$115,860
Salaries, compensation and benefits (total)
$115,860
Professional fundraising fees
$0
Legal fees
$2,520
Accounting fees
$8,012
Occupancy
$73,337
Travel
$26,398
Program services (functional)
$453,349
Management and general (functional)
$50,373

Balance sheet and other

Total assets, start of year
$296,926
Total assets, end of year
$242,683
Total liabilities, end of year
$0
Net assets, end of year
$242,683
Net assets without donor restrictions
$242,683
Gross receipts
$449,479
Employees
0
Volunteers
3
Year formed
2019
State of legal domicile
CO

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
WILHELMINA DE CASTROPRESIDENT
Trustee or director, Officer
25$104,860
LIA MIXBOARD MEMBER
Trustee or director
2$0
JOE TAFURBOARD MEMBER
Trustee or director
2$0
KWASI ADUSEIBOARD MEMBER
Trustee or director
2$0
990 for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
WILHELMINA DE CASTROPRESIDENT
Trustee or director, Officer
25$116,920
LIA MIXBOARD MEMBER
Trustee or director
2$0
JOE TAFURBOARD MEMBER
Trustee or director
2$0
KWASI ADUSEIBOARD MEMBER
Trustee or director
2$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
WILHELMINA DE CASTROPRESIDENT
Trustee or director, Officer
25$5,570
LIA MIXBOARD MEMBER
Trustee or director
2$0
JOE TAFURBOARD MEMBER
Trustee or director
0.5$0
KWASI ADUSEIBOARD MEMBER
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
2620 E PROSPECT RD STE 190, FORT COLLINS, CO 80525-9098
In care of
% SCOTT SHANNON
Principal officer (990 for 2025)
WILHELMINA DE CASTRO, 2620 EAST PROSPECT ROAD SUITE 190, FORT COLLINS, CO 80525
Signed the 990
WILHELMINA DE CASTRO, EXECUTIVE DIRECTOR
Phone
(909) 702-9968
Return prepared by
EASY OFFICE DBA JITASA

Mission

PRATI IS A NONPROFIT COMMUNITY OF PRACTITIONERS, RESEARCHERS, AND EDUCATORS. THROUGH PSYCHEDELIC MEDICINE, PRATI NURTURES A NEW APPROACH TO MENTAL HEALTH AND ILLUMINATES A PATHWAY FOR INDIVIDUAL AND PLANETARY HEALING. WE DO SO BY EXPANDING PROFESSIONAL CAPACITY FOR TRANSFORMATIONAL CARE, APPROACH TO MENTAL HEALTH AND ILLUMINATES A PATHWAY FOR INDIVIDUAL AND PLANETARY HEALING. WE DO SO BY EXPANDING PROFESSIONAL CAPACITY FOR TRANSFORMATIONAL CARE, RESTORING A RELATIONAL PARADIGM OF HEALTH AND HEALING, AND CONDUCTING CLINICALLY RELEVANT RESEARCH.

990 for the year ended December 31, 2025

Program accomplishments

  • THE BUSINESS OF PSYCHEDELIC MEDICINE - PRATI CONTINUES TO PROVIDE A FOUR-DAY LIVE TRAINING PROGRAM THAT DELIVERS PRACTICAL SKILLS TO BUILD AND RUN A PSYCHEDELIC MEDICINE CLINIC.
    Expenses $175,083 · revenue $1,495
  • KETAMINE-ASSISTED PSYCHOTHERAPY TRAINING - PRATI SUCCESSFULLY TRAINED 140 HEALTHCARE PROFESSIONALS IN KETAMINE-ASSISTED PSYCHOTHERAPY. WE WERE EXCITED TO IMPLEMENT A 100% DISCOUNT TO 20 BIPOC AND/OR INDIVIDUALS FACING ECONOMIC HARDSHIP.
    Expenses $126,422 · revenue $246,734
  • ETS - THIS PRATI PROGRAM WAS TO SUPPORT HEALTHCARE PROFESSIONALS IN LEARNING DIFFERENT THERAPEUTIC AND SUPPORTIVE TECHNIQUES FROM INDIGENOUS TEACHERS, TO HELP SUPPORT THEIR WORK IN PSYCHEDELIC ASSISTED THERAPY.
    Expenses $81,141 · revenue $30,200
  • EOL AND PRACTICUM TRAINING
    Expenses $70,703 · revenue $156,843

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
84-3307188
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B99)
Assets (IRS master file)
$242,683
Income (IRS master file)
$449,479

Revocation and reinstatement

Exemption revoked
May 15, 2022
Posted by the IRS
August 8, 2022
Reinstated
Effective May 15, 2022

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$449,479$503,722$242,683XML
990December 2024$559,658$511,479$296,926XML
990December 2023$519,283$456,345$248,747XML
990December 2022$440,493$325,904$185,536IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-3307188).

Questions about PSYCHEDELIC RESEARCH AND TRAINING INSTITUTE

What is the EIN of PSYCHEDELIC RESEARCH AND TRAINING INSTITUTE?
The employer identification number (EIN) of PSYCHEDELIC RESEARCH AND TRAINING INSTITUTE is 84-3307188.
Is PSYCHEDELIC RESEARCH AND TRAINING INSTITUTE tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2022 and reinstated it effective May 15, 2022.
Are donations to PSYCHEDELIC RESEARCH AND TRAINING INSTITUTE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PSYCHEDELIC RESEARCH AND TRAINING INSTITUTE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PSYCHEDELIC RESEARCH AND TRAINING INSTITUTE due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PSYCHEDELIC RESEARCH AND TRAINING INSTITUTE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of PSYCHEDELIC RESEARCH AND TRAINING INSTITUTE?
The 990 for the year ended December 31, 2025 names WILHELMINA DE CASTRO.
Who are the officers and directors of PSYCHEDELIC RESEARCH AND TRAINING INSTITUTE?
The 990 for the year ended December 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $104,860 (WILHELMINA DE CASTRO, PRESIDENT).
How much revenue does PSYCHEDELIC RESEARCH AND TRAINING INSTITUTE have?
On its 990 for the year ended December 31, 2025 it reported revenue of $449,479, expenses of $503,722 and total assets of $242,683 at year end.

Other nonprofits in FORT COLLINS

All nonprofits in FORT COLLINS · Colorado · Education