Practice Collective is located in Leander, TX. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Practice Collective 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 12/2023, Practice Collective generated $183.6k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 45.5% each year . All expenses for the organization totaled $156.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lori Shoults President | 30 | $0 | |
Beth Bauer Secretary | 1 | $0 | |
John Kelley Treasurer | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $89,966 |
| Total Program Service Revenue | $93,682 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $183,648 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $32,997 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $19,963 |
| Other expenses | $103,090 |
| Total expenses | $156,050 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $112,162 |
| Other assets | $0 |
| Total assets | $112,162 |
| Total liabilities | $0 |
| Net assets or fund balances | $112,162 |