Ipraxis
- Assets
- $35.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Philadelphia, PA
- Founding
- 11/2004
- Data as of
- 06/2022
- EIN
- 52-2437369
Organization Overview
Ipraxis is located in Philadelphia, PA. The organization was established in 2004. According to its NTEE Classification (S05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Ipraxis employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ipraxis 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 06/2022, Ipraxis generated $80.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (18.1%) each year. All expenses for the organization totaled $65.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (16.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE INSPIRE PROGRAM SUPPORTS A VOLUNTEER FORCE OF LOCAL SCIENTISTS, ENGINEERSRESEARCHERS AND ENTREPRENEURS WORKING TO IMPROVE THE QUALITY OF SCIENCEEDUCATION IN PHILADELPHIA'S PUBLIC SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeremiah White President | 40 | $31,694 | |
Adeboye Adejare Vice-Chair | 2 | $0 | |
Calvin Johnson Chairman | 2 | $0 | |
Melanie Hidalgo-Britt Secretary | 2 | $0 | |
Alexander Grimwade Director | 2 | $0 | |
Joseph Onorato Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,456 |
| Total Program Service Revenue | $3,000 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $17,700 |
| Total Revenue | $80,156 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $31,694 |
| Professional fees and other payments to independent contractors | $15,307 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $488 |
| Other expenses | $18,068 |
| Total expenses | $65,557 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,590 |
| Other assets | $0 |
| Total assets | $35,590 |
| Total liabilities | $821 |
| Net assets or fund balances | $34,769 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ipraxis has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
William Penn Foundation Philadelphia, PA PURPOSE: GENERAL SUPPORT | $10,000 |
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