The Praxis Project Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 9,621,392 | 6,238,200 | 3,383,192 | 20.0 | 32% |
| 2021 | 22,557,562 | 9,679,475 | 12,878,087 | 28.9 | 34% |
| 2022 | 20,791,301 | 19,531,081 | 1,260,220 | 15.1 | 37% |
| 2023 | 15,128,013 | 21,724,562 | −6,596,549 | 9.9 | 33% |
In its most recent public year (2023), this organization spent $6,596,549 more than it brought in. Its reserves stood at about 9.9 months of spending, down from 20 in 2020. Staff pay was 33% of spending. $11,884,663 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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