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 12/2021, 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 12/2021, In Ipso generated $277.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $240.6k during the year ending 12/2021. While expenses have increased by 10.8% per year over the past 7 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
2021
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 500 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 25 PEOPLE.
SILENT RETREATS - IN 2021 WE ORGANIZED THREE 4-DAY RETREATS SERVING 63 PEOPLE.
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 |
Deacon Ernie Martinez Board Member | Trustee | 5 | $0 |
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 | $150,349 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $150,349 |
Total Program Service Revenue | $127,029 |
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 | $277,378 |
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. | $101,947 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $7,490 |
Payroll taxes | $9,047 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $20,678 |
Advertising and promotion | $376 |
Office expenses | $8,735 |
Information technology | $859 |
Royalties | $0 |
Occupancy | $10,053 |
Travel | $3,872 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $5,634 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,859 |
All other expenses | $0 |
Total functional expenses | $240,609 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $69,407 |
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 | $69,407 |
Accounts payable and accrued expenses | $7,245 |
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 | $7,245 |
Net assets without donor restrictions | $62,162 |
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 | $69,407 |
Over the last fiscal year, we have identified 1 grants that In Ipso has recieved totaling $320.
Awarding Organization | Amount |
---|---|
Evangelical Christian Union Longmont, CO PURPOSE: EDUCATION MINISTRY SUPPORT | $320 |
Organization Name | Assets | Revenue |
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Diocesan Council For The Society Of St Vincent De Paul Diocese Phoenix Phoenix, AZ | $96,360,524 | $83,770,017 |
Catholic Care Campus Inc Olathe, KS | $79,287,672 | $21,709,074 |
Arizonas Catholic Tuition Support Organization Tucson, AZ | $20,396,361 | $14,356,229 |
Mercy Hospital Healdton Inc Healdton, OK | $902,032 | $7,792,389 |
Catholic Neighborhood Outreach Incorporated Overland Park, KS | $647,746 | $2,422,949 |
Real Life Catholic Greenwood Village, CO | $630,887 | $1,839,112 |
St Felix Pantry Inc Rio Rancho, NM | $1,901,819 | $2,064,344 |
Catholic Laity And Clergy For Renewal Inc Casper, WY | $910,567 | $1,673,228 |
Catholic Benefits Association Lca Castle Rock, CO | $2,192,496 | $1,367,920 |
Victory Latin American Outreach Inc Hutchinson, KS | $68,374 | $878,398 |
Holy Cross Village Inc Denver, CO | $4,138,172 | $734,053 |
Franciscan Retreat Center At Mountst Francis Colorado Springs, CO | $402,255 | $867,907 |