In Ipso
- Assets
- $78.3k
- Revenue
- $257.5k
- Investments
- $0.0
- Employees
- 2
- Location
- Boulder, CO
- Founding
- 10/2011
- Data as of
- 12/2022
- EIN
- 27-5196942
Organization Overview
In Ipso is located in Boulder, CO. The organization was established in 2011. According to its NTEE Classification (X22) the organization is classified as: Roman Catholic, under the broad grouping of Religion-Related and related organizations. As of 12/2022, In Ipso employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. In Ipso is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, In Ipso generated $257.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $249.1k during the year ending 12/2022. While expenses have increased by 13.5% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
IN IPSO INC. WAS FORMED FOR THE PURPOSE OF BEING A CENTER OF SPIRITUAL FORMATION TO HELP THE FAITHFUL LIVE THE FULLNESS OF THE CATHOLIC FAITH BY PROVIDING SPIRITUAL FORMATION SPIRITUAL DIRECTION AND RETREATS
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPIRITUAL FORMATION - SEMINARS PARISH MISSIONS CLASSES AND PRESENTATIONS SERVING ABOUT 600 PEOPLE LAY PEOPLE FUTURE DEACONS AND THEIR WIVES ORDAINED DEACONS AND FUTURE SEMINARIANS. THESE ACTIVITIES WERE ANYWHERE FROM 2 HOURS TO 24 WEEKS IN LENGTH.
SPIRITUAL DIRECTION - EACH INDIVIDUAL SESSION IS ONE TO TWO HOURS LONG ON A MONTHLY BASIS AND SPIRITUAL EXERCISES ARE ONE HOUR LONG ON A WEEKLY BASIS LASTING BETWEEN 8 TO 10 MONTHS. WE SERVED 20 PEOPLE.
SILENT RETREATS - IN 2022 WE ORGANIZED ONE 4-DAY RETREAT SERVING 12 PEOPLE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Stur President | OfficerTrustee | 90 | $105,000 |
Dana Stur VP Treasurer | OfficerTrustee | 70 | $62,004 |
Reverend Chris Hellstrom Board Member | Trustee | 20 | $0 |
Deacon Mark Salvato Board Member | Trustee | 5 | $0 |
Kevin Dooley Board Member | Trustee | 5 | $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 | $193,832 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $193,832 |
| Total Program Service Revenue | $63,685 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $257,517 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $167,004 |
| Compensation of current officers, directors, key employees. | $167,004 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,603 |
| Payroll taxes | $12,776 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $130 |
| Fees for services: Accounting | $200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20,500 |
| Advertising and promotion | $75 |
| Office expenses | $9,357 |
| Information technology | $1,106 |
| Royalties | $0 |
| Occupancy | $6,254 |
| Travel | $9,332 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,543 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,911 |
| All other expenses | $115 |
| Total functional expenses | $249,133 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $78,265 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $78,265 |
| Accounts payable and accrued expenses | $7,719 |
| 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 | $0 |
| Total liabilities | $7,719 |
| Net assets without donor restrictions | $70,546 |
| 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 | $78,265 |