Ipraxis
- Assets
- $30.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Philadelphia, PA
- Founding
- 11/2004
- Data as of
- 06/2024
- 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 06/2024, 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 06/2024, Ipraxis generated $69.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (15.7%) each year. All expenses for the organization totaled $66.6k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (12.7%) per year over the past 9 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
2024
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 PHILADELPHIAS PUBLIC SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Fair Chairman | 2 | $0 | |
Adeboye Adejare Vice-Chair | 2 | $0 | |
Jeremiah White President | 40 | $23,757 | |
Joseph Onorato Treasurer | 2 | $0 | |
Melanie Hidalgo-Britt Secretary | 2 | $0 | |
Clarence Young Senior Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $69,619 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $69,619 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $23,757 |
| Professional fees and other payments to independent contractors | $1,525 |
| Occupancy, rent, utilities, and maintenance | $170 |
| Printing, publications, postage, and shipping | $51 |
| Other expenses | $41,145 |
| Total expenses | $66,648 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,657 |
| Other assets | $0 |
| Total assets | $30,657 |
| Total liabilities | $286 |
| Net assets or fund balances | $30,371 |