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Nonprofit · EIN 88-3773471

THERAPSYCH THERAPEUTIC FUND

Tax-exempt · COLORADO SPGS, CO 80937

Financials

$542K$55K2024
Revenue Expenses · by fiscal year end
Financials of THERAPSYCH THERAPEUTIC FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$542,388$55,026$487,362$488,534$0$488,534
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$499,813
Program service revenue
$0
Investment income
$38,001
Net gain from sales of assets
$37,907
Other revenue
$4,574

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Occupancy
$1,471
Depreciation
$13,934
Program services (functional)
$53,023
Management and general (functional)
$2,003

Balance sheet and other

Total assets, start of year
$1,172
Total assets, end of year
$488,534
Total liabilities, end of year
$0
Net assets, end of year
$488,534
Land, buildings and equipment
$486,073
Net assets without donor restrictions
$488,534
Gross receipts
$896,100
Employees
0
Year formed
2022
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, 2024, highest compensation first.

NameTitleHours / weekCompensation
LANE BELONEBOARD MEMBER
Trustee or director
1.25$0
SCOTT DEWALTEXECUTIVE DI
Trustee or director, Officer
30$0
ANDREW VAN DYKEBOARD MEMBER
Trustee or director
1.25$0
JOHN GILLISBOARD MEMBER
Trustee or director
1.25$0
ALISA HANNUMBOARD MEMBER
Trustee or director
1.25$0
SARAH HOPEBOARD MEMBER
Trustee or director
1.25$0
JILL MCCORMICKBOARD MEMBER
Trustee or director
1.25$0
KENNY STAHLBOARD MEMBER
Trustee or director
1.25$0
LEIF ULLMANBOARD MEMBER
Trustee or director
1.25$0

Address and contacts

Address (IRS master file)
PO BOX 38636, COLORADO SPGS, CO 80937-8636
In care of
% SCOTT B DEWALT
Mailing address (990-N for 2023)
32 Manitou Ave, MANITOU SPGS CO 80829
Principal officer (990 for 2024)
SCOTT DEWALT, 206 CHEYENNE BLVD, COLORADO SPRINGS, CO 80829
Principal officer (990-N for 2023)
Scottt DeWalt, 206 Cheyenne Blvd, Colorado Springs CO 80829
Signed the 990
SCOTT DEWALT, EXECUTIVE DIRECTOR
Phone
(719) 685-6473
Return prepared by
WCG INC

Mission

THERAPSYCH'S MISSION IS TO MAKE ALTERNATIVE HEALING AND WELLNESS MODALITIES ACCESSIBLE TO THE GENERAL PUBLIC, AND SPECIFICALLY, TO THOSE WHO HAVE TRIED TRADITIONAL ROUTES OF HEALING WITHOUT SUCCESS. IT DOES SO BY LEASING SPACE TO ALTERNATIVE WELLNESS PRACTITIONERS AND SERVICE PROVIDERS, AND OFFERS SUBSIDIZED OR LOW COST TREATMENTS THROUGH DIRECT FINANCIAL SUPPORT AND GRANTS TO LOW INCOME INDIVIDUALS.

990 for the year ended December 31, 2024

Program accomplishments

  • EXPENSES FOR RENOVATION OF A BUILDING TO ALLOW FOR PRIVACY AND COMFORT SO THAT INDIVIDUAL WELLNESS PRACTITIONERS CAN RENT SPACES DAILY OR MONTHLY IN ORDER TO PROVIDE ALTERNATIVE HEALTH AND WELLNESS SERVICES TO THE GENERAL PUBLIC.
    Expenses $53,023

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
88-3773471
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$488,534
Income (IRS master file)
$896,100

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$542,388$55,026$488,534XML
990-N for 2023
Officer: Scottt DeWalt
December 31, 2023≤ $50,000 receipts––e-Postcard

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 88-3773471).

Questions about THERAPSYCH THERAPEUTIC FUND

What is the EIN of THERAPSYCH THERAPEUTIC FUND?
The employer identification number (EIN) of THERAPSYCH THERAPEUTIC FUND is 88-3773471.
Is THERAPSYCH THERAPEUTIC FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to THERAPSYCH THERAPEUTIC FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THERAPSYCH THERAPEUTIC FUND 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 THERAPSYCH THERAPEUTIC FUND due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THERAPSYCH THERAPEUTIC FUND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of THERAPSYCH THERAPEUTIC FUND?
The 990 for the year ended December 31, 2024 names SCOTT DEWALT.
Who are the officers and directors of THERAPSYCH THERAPEUTIC FUND?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does THERAPSYCH THERAPEUTIC FUND have?
On its 990 for the year ended December 31, 2024 it reported revenue of $542,388, expenses of $55,026 and total assets of $488,534 at year end.

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