Riverpsykhe Inc
- Assets
- $4.2m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 6
- Location
- Kirkland, WA
- Founding
- 10/2019
- Data as of
- 12/2022
- EIN
- 84-1828638
Organization Overview
Riverpsykhe Inc is located in Kirkland, WA. The organization was established in 2019. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Riverpsykhe Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Riverpsykhe Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Riverpsykhe Inc generated $2.8m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $1.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Riverpsykhe Inc has awarded 41 individual grants totaling $2,475,180. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO PROMOTE SOCIAL WELFARE BY SEEKING TO EFFECT THE LIBERATION OF CONSCIOUSNESS IN HEALTHFUL AND FLUID RELATIONSHIP TO SELF, OTHER, AND THE NATURAL WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PSYCHEDELICS RESEARCH:DURING THE YEAR, RIVERPSYKHE SUCCESSFULLY HELPED GUIDE THE CONVERSATION IN THE EMERGING PSYCHEDELIC MOVEMENT IN DEFERENCE TO NATIVE AMERICAN HEALTH AND SOVEREIGNTY, AS WELL AS ETHICS, INCLUSIVITY, AND BEST PRACTICES. WE CONTINUE TO ENGAGE IN CAPACITY BUILDING AND SUPPORT OF THE INDIGENOUS MEDICINE CONSERVATION FUND, A 501C3 FOR THE BENEFIT OF FIVE DISTINCT INDIGENOUS BIO CULTURES AROUND THE WORLD.RIVERPSYKHE DIRECTORS SAT ON THE BOARDS OF MAPS, THE HEFFTER RESEARCH INSTITUTE, THE INDIGENOUS MEDICINE CONSERVATION FUND, B. MORE, AND RIVERSTYX FOUNDATION. RIVERPSYKHE DIRECTORS SAT ON THE ADVISORY BOARD OF THE NYU CENTER FOR PSYCHEDELIC MEDICINE.INDIGENOUS MEDICINE SUPPORT:IN SUPPORT OF NATIVE MEDICINE CONSERVATION, RIVERPSYKHE STAFF PROVIDED CORE CAPACITY BUILDING WITH THE INDIGENOUS PEYOTE CONSERVATION INITIATIVE BY SUPPLYING AN EXECUTIVE DIRECTOR, INITIATED CONSTRUCTION OF ON-SITE BUILDINGS AND, DEVELOPED CONSERVATION INFRASTRUCTURE.ADDITIONALLY, STAFF NETWORKED OUR INDIGENOUS PARTNERS WITH A VARIETY OF MEDIA OUTLETS AND REPORTERS INCLUDING NATIONAL AND INTERNATIONAL CONFERENCES. IMPACT INVESTMENT PORTFOLIO:WE MAINTAINED AND EXPANDED AN IMPACT INVESTMENT PORTFOLIO TOWARDS CATALYTIC CHANGE IN THE DEATH CARE INDUSTRY, INDIGENOUS FOOD SOVEREIGNTY, NUTRIENT CYCLING, AND INNOVATIVE/ETHICAL PSYCHEDELIC BUSINESSES. QUALITATIVE RESEARCH:THE CORE QUALITATIVE RESEARCH TEAM CONTINUED WORK TO COMPLETE THE RELIGIOUS PROFESSIONALS QUALITATIVE STUDY.GRANTS:IN 2022 WE MADE OVER $390,000 IN 501C3 CHARITABLE GRANTS AND AWARDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Miriam Volat Vice President | Officer | 40 | $193,073 |
Thomas Cody Swift Director/pres. | OfficerTrustee | 20 | $10,800 |
Timara Freeman Young Director/sec. | OfficerTrustee | 1 | $0 |
Carey Turnbull Director | Trustee | 0 | $0 |
Kevin Bayuk Treasurer | Officer | 17 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,005,222 |
| Noncash contributions included in lines 1a–1f | $84 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,005,222 |
| Total Program Service Revenue | $0 |
| Investment income | $400 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,835,354 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,840,976 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $390,153 |
| Grants and other assistance to domestic individuals. | $38,582 |
| Grants and other assistance to Foreign Orgs/Individuals | $129,518 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $203,873 |
| Compensation of current officers, directors, key employees. | $101,936 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $169,194 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $58,566 |
| Payroll taxes | $29,686 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,159 |
| Fees for services: Accounting | $90,208 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $444,688 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $152,770 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,601 |
| All other expenses | $11,197 |
| Total functional expenses | $1,767,967 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,723 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,277,397 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $2,884,000 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,182,120 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $16,580 |
| Total liabilities | $16,580 |
| Net assets without donor restrictions | $4,165,540 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,182,120 |
Grants Awarded
Over the last fiscal year, Riverpsykhe Inc has awarded $363,653 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
A FUTURE FOR VETERANS FOUNDAT PURPOSE: General Support | $8,350 |
CENTER FOR VOTER INFORMATION PURPOSE: General Support | $15,000 |
JUSTICE SAN DIEGO PURPOSE: General Support | $49,000 |
MAPS PURPOSE: Grief Study, ICEERS | $125,953 |
NEW APPROACH ADVOCACY FUND PURPOSE: General Support | $100,000 |
SEATTLE AIKIKAI PURPOSE: Aikido diversity & inclusion | $7,000 |