Civic Intelligence

Praxis Inc.

990 • Fiscal year 2020 • EIN 45-0967206

Oct 01, 2019 to Sep 30, 2020 • Filed on Aug 11, 2021

Organization Profilewww.praxislabs.org

View Organization Page

409 W 45th Street 3rd FloorNew York, NY 10036-4211

(310) 357-1523

Siviq Scores

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

Liabilities / Assets

69th percentile

0.20x

Higher debt load relative to assets than 69% of similar nonprofits.

2020 filings • NTEE X • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

57th percentile

0.11x

Higher debt load relative to revenue than 57% of similar nonprofits.

2020 filings • NTEE X • $1M-$5M nonprofits • Source year 2020

Net Margin

62nd percentile

18%

Higher net margin than 62% of similar nonprofits.

2020 filings • NTEE X • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

99th percentile

$283,583

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 7.4% of source-year revenue.

2020 filings • NTEE X • $1M-$5M nonprofits • Source year 2020

Asset Growth

83rd percentile

60%

Faster asset growth than 83% of similar nonprofits.

2020 filings • NTEE X • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

46th percentile

-6.6%

Faster revenue growth than 46% of similar nonprofits.

2020 filings • NTEE X • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets69th percentile

Assets

Flat

$2,196,618

Flat from 2020

Net Assets

Flat

$1,759,657

Flat from 2020

Liabilities

Flat

$436,961

Flat from 2020

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin62nd percentile

Revenue

Flat

$3,839,905

Flat from 2020

Expenses

Flat

$3,147,835

Flat from 2020

Net Income

Flat

$692,070

Flat from 2020

Historical Trend

Balance Sheet Trend

Asset Growth83rd percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $262,931Liabilities 2011: $4,008Net Assets 2011: $258,9232011Assets 2012: $315,976Liabilities 2012: $5,148Net Assets 2012: $310,8282012Assets 2013: $326,739Liabilities 2013: $6,646Net Assets 2013: $320,0932013Assets 2014: $398,407Liabilities 2014: $39,628Net Assets 2014: $358,7792014Assets 2015: $288,779Liabilities 2015: $130,636Net Assets 2015: $158,1432015Assets 2016: $256,603Liabilities 2016: $13,805Net Assets 2016: $242,7982016Assets 2017: $443,221Liabilities 2017: $202,295Net Assets 2017: $240,9262017Assets 2018: $783,343Liabilities 2018: $224,659Net Assets 2018: $558,6842018Assets 2019: $1,375,045Liabilities 2019: $307,458Net Assets 2019: $1,067,5872019Assets 2020: $2,196,618Liabilities 2020: $436,961Net Assets 2020: $1,759,6572020Assets 2020: $2,196,618Liabilities 2020: $436,961Net Assets 2020: $1,759,6572020Assets 2021: $3,068,328Liabilities 2021: $196,377Net Assets 2021: $2,871,9512021Assets 2022: $3,579,268Liabilities 2022: $433,404Net Assets 2022: $3,145,8642022Assets 2023: $4,549,151Liabilities 2023: $974,346Net Assets 2023: $3,574,8052023Assets 2024: $5,407,472Liabilities 2024: $891,048Net Assets 2024: $4,516,4242024

Highlighted filing

2020

Assets$2,196,618
Liabilities$436,961
Net Assets$1,759,657
Open 2020 Filing

Operations Trend

Revenue Growth46th percentile

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

$10M$5.0M$0-$5.0MRevenue 2011: $367,348Expenses 2011: $108,425Net Income 2011: $258,9232011Expenses 2012: $484,6212012Expenses 2013: $585,6042013Revenue 2014: $907,836Expenses 2014: $869,150Net Income 2014: $38,6862014Revenue 2015: $1,054,243Expenses 2015: $1,254,879Net Income 2015: -$200,6362015Revenue 2016: $1,792,228Expenses 2016: $1,707,573Net Income 2016: $84,6552016Revenue 2017: $2,545,155Expenses 2017: $2,451,142Net Income 2017: $94,0132017Revenue 2018: $3,169,856Expenses 2018: $2,852,098Net Income 2018: $317,7582018Revenue 2019: $4,112,118Expenses 2019: $3,582,165Net Income 2019: $529,9532019Revenue 2020: $3,839,905Expenses 2020: $3,147,835Net Income 2020: $692,0702020Revenue 2020: $3,839,905Expenses 2020: $3,147,835Net Income 2020: $692,0702020Revenue 2021: $4,191,471Expenses 2021: $3,079,177Net Income 2021: $1,112,2942021Revenue 2022: $5,600,439Expenses 2022: $5,326,526Net Income 2022: $273,9132022Revenue 2023: $6,898,049Expenses 2023: $6,469,110Net Income 2023: $428,9392023Revenue 2024: $8,549,565Expenses 2024: $7,626,800Net Income 2024: $922,7652024

Highlighted filing

2020

Revenue$3,839,905
Expenses$3,147,835
Net Income$692,070
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Aug 11, 2021
Return Version
2019v5.2
Gross Receipts
$3,839,905
Mission and Program Overview

Mission

The mission of the Organization is to provide Praxis Fellows with the knowledge and network needed to develop high-impact organizations, all within an environment that allows for an exploration of how to embody the Gospel within their work.

Praxis is a creative engine for redemptive entrepreneurship.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,190,162$2,012,643▲ $822,481
Accounts Receivable$20,338$95,917▲ $75,579
Land, Buildings, and Equipment, Net$83,814$57,227▼ $26,587
Prepaid Expenses and Deferred Charges$80,552$30,652▼ $49,900
Savings and Temporary Cash Investments$179$179→ $0
Total Assets$1,375,045$2,196,618▲ $821,573
Liabilities
Accounts Payable and Accrued Expenses$127,243$303,741▲ $176,498
Deferred Revenue$180,215$133,220▼ $46,995
Total Liabilities$307,458$436,961▲ $129,503
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$889,676$1,516,507▲ $626,831
Net Assets With Donor Restrictions$177,911$243,150▲ $65,239
Total Net Assets Fund Balance$1,067,587$1,759,657▲ $692,070
Total Liabilities and Net Assets / Fund Balance$1,375,045$2,196,618▲ $821,573

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$24,703$55,155$79,858
Equipment$23,476$12,835$36,311
Leasehold Improvements$9,048$9,727$18,775
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
David BlanchardCo-Founder & PresidentFT$213,775$69,808$283,583
Andrew CrouchPartner, Theology & CultureFT$211,500$10,575$222,075
Scott KauffmannPartner, ContentFT$177,600$36,420$214,020
Jon HartPartner, Praxis AcademyFT$122,300$18,938$141,238
Meghan EasleyChief of StaffFT$109,520$18,063$127,583
Philip LorishDirector of Cultural ResearchFT$110,000$5,500$115,500

Board Members and Trustees

NameTitle
Kurt KeilhackerBoard Chair
April ChapmanDirector
Debbie McCoyDirector
Mark SearsDirector
Steve GravesSecretary
Mike BontragerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,197,849
Program Service Revenue
$626,213
Investment Income
$360
Other Revenue
$15,483
All Other Contributions
$2,932,635
Change in Net Assets
$692,070

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,839,905
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,839,905
Total Revenue per Form 990
$3,839,905
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,658,162
Other Expenses$1,456,895
Total Fundraising Expense$144,445
Grants and Similar Amounts Paid$32,778
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$972,161$84,537$60,387$1,117,085
Travel$408,095$94,577$537$503,209
Fees for Services Other$315,973$91,878$9,000$416,851
Current Officers, Directors, Trustees, and Key Employees$203,910$29,130$58,260$291,300
Office Expenses$56,107$106,713$256$163,076
Occupancy$8,450$131,697-$140,147
Other Employee Benefits$101,544$8,407$4,616$114,567
Payroll Taxes$76,274$7,264$7,264$90,802
Information Technology$13,476$68,836$1,999$84,311
Fees for Services Accounting-$58,016-$58,016
Other Expenses$50,383--$50,383
Pension Plan Contributions$38,967$3,315$2,126$44,408
Grants to Domestic Individuals$32,778--$32,778
Depreciation Depletion-$26,587-$26,587
All Other Expenses-$7,852-$7,852
Insurance-$6,312-$6,312
Advertising$136$15-$151
Total Functional Expenses$2,278,254$725,136$144,445$3,147,835

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,147,835
Total Expenses per Audited Statements$3,147,835
Total Expenses per Form 990$3,147,835
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying 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
Audit committee
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
No
CEO compensation reviewed
Yes
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

“The organization does not have any committees with authority to act on behalf of the governing body. Therefore, this question was answered "no" in accordance with the instructions.”

Form 990, Part VI, Section B, line 11B

“Form 990 is prepared by an independent CPA firm and reviewed in detail by the President. The Board receives a copy of the return prior to filing with the IRS.”

Form 990, Part VI, Section B, line 12C

“Officers and board members sign annual conflict of interest statements which are reviewed by the President. The President's statement is reviewed by the Board Chair. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any decision with regard to matters affected by the relationship.”

Form 990, Part VI, Section B, line 15A

“Line 15a - The process for approving compensation is approved by the Board at the executive session, and comparable data is used. The process is recorded in the minutes. The President is not included in the discussion of compensation. Line 15b - The organization does not compensate any other officers or key employees. Therefore, this line was answered "no" in accordance with the instructions.”

Form 990, Part VI, Section C, line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Praxis Inc
EIN
45-0967206
Phone
3103571523
Address
409 W 45th Street 3rd Floor, New York, NY 10036-4211

Signing Officer

Name
David Blanchard
Title
Co-Founder & President
Phone
3103571523
Signed
2021-08-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Blanchard
Formed
2011
Legal Domicile
Il
Voting Board Members
7
Independent Board Members
6
Employees
13
Volunteers
5

Preparer

Firm
Capin Crouse LLP
Address
1330 Avenue of the Americas Suite, 23A, New York, NY 10019
Preparer
Sara Tibbott
Phone
5055022746
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

“Other Professional Fees: Program service expenses 85,517. Management and general expenses 40,244. Fundraising expenses 9,000. Total expenses 134,761. Contractor fees: Program service expenses 230,456. Management and general expenses 51,634. Fundraising expenses 0. Total expenses 282,090.”

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IRS990/Desc0Praxis is a creative engine for redemptive entrepreneurship, supporting founders, funders, and innovators motivated by their faith to renew culture and love their neighbors. Our community of practice operates through high-touch programs, robust content, and a global portfolio of redemptive business and nonprofit ventures.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Co-Founder & President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Partner, Theology & Culture
IRS990/Form990PartVIISectionAGrp/TitleTxt2Partner, Content
IRS990/Form990PartVIISectionAGrp/TitleTxt3Partner, Praxis Academy
IRS990/Form990PartVIISectionAGrp/TitleTxt4Chief of Staff
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director of Cultural Research
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt7Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt8Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt057227
IRS990/LandBldgEquipCostOrOtherBssAmt0134944
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt015266
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt015266
IRS990/MissionDesc0To motivate, educate, and resource Christians to pursue redemptive entrepreneurship & compassionately demonstrate their faith across culture.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01067587
IRS990/NetAssetsOrFundBalancesEOYAmt01759657
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0217
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0217
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0889676
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01516507
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0131697
IRS990/OccupancyGrp/ProgramServicesAmt08450
IRS990/OccupancyGrp/TotalAmt0140147
IRS990/OfficeExpensesGrp/FundraisingAmt0256
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0106713
IRS990/OfficeExpensesGrp/ProgramServicesAmt056107
IRS990/OfficeExpensesGrp/TotalAmt0163076
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt04616
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt08407
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0101544
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0114567
IRS990/OtherExpensesGrp/Desc0Honorarium
IRS990/OtherExpensesGrp/ProgramServicesAmt050383
IRS990/OtherExpensesGrp/TotalAmt050383
IRS990/OtherRevenueTotalAmt015266
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt060387
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt084537
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0972161
IRS990/OtherSalariesAndWagesGrp/TotalAmt01117085
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt07264
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07264
IRS990/PayrollTaxesGrp/ProgramServicesAmt076274
IRS990/PayrollTaxesGrp/TotalAmt090802
IRS990/PensionPlanContributionsGrp/FundraisingAmt02126
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03315
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt038967
IRS990/PensionPlanContributionsGrp/TotalAmt044408
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt080552
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt030652
IRS990/PrincipalOfficerNm0David Blanchard
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/BusinessCd4900099
IRS990/ProgramServiceRevenueGrp/Desc0Accel Program Fees
IRS990/ProgramServiceRevenueGrp/Desc1Academy Fees
IRS990/ProgramServiceRevenueGrp/Desc2Speaking Fees
IRS990/ProgramServiceRevenueGrp/Desc3Annual Summit
IRS990/ProgramServiceRevenueGrp/Desc4Venture Lab
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0167960
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1116476
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt291698
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt387445
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt474744
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0167960
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1116476
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt291698
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt387445
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt474744
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03321016
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0100
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01944884
IRS990/PYOtherRevenueAmt04446
IRS990/PYProgramServiceRevenueAmt0786656
IRS990/PYRevenuesLessExpensesAmt0529953
IRS990/PYSalariesCompEmpBnftPaidAmt01637181
IRS990/PYTotalExpensesAmt03582165
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04112118
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0692070
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0641696
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0179
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0179
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Misc Income - 2015 Amount: $ 6,082. 2016 Amount: $ 2,003. 2017 Amount: $ 459. 2019 Amount: $ 15,266.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 10, Explanation of Other Income:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03197849
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03321016
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02483601
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01948902
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01316881
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt012268249
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0360
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0360
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt03166843
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt015266
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0459
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt02003
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt06082
IRS990ScheduleA/OtherIncome170Grp/TotalAmt023810
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.73960
IRS990ScheduleA/PublicSupportPY170Pct00.75980
IRS990ScheduleA/PublicSupportTotal170Amt09091030
IRS990ScheduleA/SubstantialContributorsTotAmt03177219
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03197849
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03321016
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02483601
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01948902
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01316881
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt012268249
IRS990ScheduleA/TotalSupportAmt012292419
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt023476
IRS990ScheduleD/EquipmentGrp/DepreciationAmt012835
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt036311
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03147835
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt09048
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt09727
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt018775
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt024703
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt055155
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt079858
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03839905
IRS990ScheduleD/TotalBookValueLandBuildingsAmt057227
IRS990ScheduleD/TotalExpensesPerForm990Amt03147835
IRS990ScheduleD/TotalRevenuePerForm990Amt03839905
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03839905
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03147835
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt032778
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Fellow Grants
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt012
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The organization provided unrestricted grants to their Nonprofit Fellows, which were allocated from their Summit community registration fees. The Summit attendees each selected two Fellows whom they wanted to donate a portion of their registration fee toward. There were no further requirements attached to these grants.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleJ/AnyNonFixedPaymentsInd01
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd00

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,196,618
Liabilities
$436,961
Net assets
$1,759,657
Revenue
$3,839,905
Expenses
$3,147,835
Net income
$692,070
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.41$0.89$4.52$8.55$7.63$0.92
2023Summary only. Only limited summary data is available for this year.$4.55$0.97$3.57$6.90$6.47$0.43
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.58$0.43$3.15$5.60$5.33$0.27
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.07$0.20$2.87$4.19$3.08$1.11
2020Detailed filing. Detailed filing data is available for this year.$2.20$0.44$1.76$3.84$3.15$0.69
2020Summary only. Only limited summary data is available for this year.$2.20$0.44$1.76$3.84$3.15$0.69
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.38$0.31$1.07$4.11$3.58$0.53
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.78$0.22$0.56$3.17$2.85$0.32
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.20$0.24$2.55$2.45$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.26$0.01$0.24$1.79$1.71$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.29$0.13$0.16$1.05$1.25$0.20
2014Detailed filing. Detailed filing data is available for this year.$0.40$0.04$0.36$0.91$0.87$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.01$0.32$0.59
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.01$0.31$0.48
2011Summary only. Only limited summary data is available for this year.$0.26$0.00$0.26$0.37$0.11$0.26