Praxis is a venture building ecosystem advancing redemptive entrepreneurship, supporting founders, funders, and innovators motivated by their faith to address the major issues of our time.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
$1.4M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $968K a year · 14% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.4M
to officers and key staff · 18% of spending
Fine: pay to officers and key staff is 18% of spending; 15% to 20%.
Pt VII · Sec A
7 mo
of spending, in cash
Looks good: 7.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
11
named funders · $7.3M
Looks good: 11 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$891K
16% of total assets
Looks good: liabilities are 16% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 7 voting members
Looks good: 6 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$8.5M
+24% vs prior year
Spent
$7.6M
To programs
87%
Net assets
$4.5M
By yearFY2020–FY2025
Revenue
$8.5M
FY2024▲ +24%
Tap a bar for its year
Revenue by fiscal year
FY2020$3.8M
FY2021$4.2M
FY2022$5.6M
FY2023$6.9M
FY2024$8.5M
FY2025$12.3M
Expenses
$7.6M
FY2024▲ +18%
Tap a bar for its year
Expenses by fiscal year
FY2020$3.1M
FY2021$3.1M
FY2022$5.3M
FY2023$6.5M
FY2024$7.6M
FY2025$10.0M
Net assets
$4.5M
FY2024▲ +26%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.8M
FY2021$2.9M
FY2022$3.1M
FY2023$3.6M
FY2024$4.5M
FY2025$6.9M

From the FY2024 Form 990 (year ending September 2024) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 2012.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $6.7M Management & general 12% · $881K Fundraising 1% · $90K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

13 people listed on the 990; $1.4M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Co-Founder & President
$298,200Pt VII · Sec A
Managing Partner
$238,750Pt VII · Sec A
Partner, Content
$200,625Pt VII · Sec A
Partner, Global
$164,925Pt VII · Sec A
Partner, Theology & Culture
$156,192Pt VII · Sec A
Partner, Business Portfolio
$153,126Pt VII · Sec A
Partner, Labs
$148,200Pt VII · Sec A
$0Pt VII · Sec A

David Blanchard’s $318K as Co-Founder & President is at the 97th percentile of top reported officer pay among 1636 $1–10M religion nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2020
David Blanchard$318,342$298,200$290,900—$235,275
Sajan George$240,625$238,750$230,625$195,469—
Dave Blanchard———$239,400—
Andrew Crouch$233,250$156,192$222,750$203,906$211,500
Scott Kauffmann—$200,625$191,250$186,250$177,600
Mel Murray II—$164,925$140,000——
Mel Murray$162,625————
Ben Bohannon$152,501$153,126———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Praxis INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowers entrepreneurs to build businesses that heal and restore communities.

Questions for Praxis INC

Tap to ask. Praxis INC sees how many people are interested.

Your first name shows with your question. Praxis INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · $6.0M · in their own filed words · FY2023
01

Praxis Ventures

The mission of the Venture Group is to develop and resource a portfolio of the top redemptive ventures in the world and serve their Christian founders from startup to scale, from growth to impact.

$2.9Mprogram expense
02

Content for Redemptive Imagination

Our content for redemptive imagination is intended to be a primary prophetic resource for entrepreneurial Christians, shaping the formative and imaginative agenda as they consider what and how they should build in the world. We do this through research & content, program offerings, and partnerships throughout our growing ecosystem.

$2.0Mprogram expense
03

Praxis Summit

We gather as a community for the Praxis Summit-to learn together, celebrate one another's faithful work, and collaborate around new opportunities for redemptive innovation across cities, sectors, and social challenges.

$1.0Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 11 funders →
Grants paid · 34 grants · $1.9M · 2019–2024
Charity VestCT · FY2024$293,000
91 Place IncorporatedIN · FY2024$50,000
Abara INCTX · FY2024$50,000
Corner to CornerTN · FY2024$50,000
Okb Hope FoundationNJ · FY2024$50,000
Sharpen RecoveryTX · FY2024$50,000
Undivided INCOH · FY2024$50,000
Uprooted WayCA · FY2024$50,000
Order of the Common LifeOH · FY2023$50,000
Forgotten Initiative INCIL · FY2023$50,000
Thrive Funds INCIN · FY2023$50,000
Settled IncorporatedMN · FY2023$50,000
Hildegard CollegeCA · FY2023$50,000
Scholars of FinanceMN · FY2023$50,000
Greenline Housing FoundationCA · FY2023$50,000
Design Outreach INCOH · FY2023$50,000
See all 34 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$8.5M
Ln 12
Gifts and grantsLn 1h$7.4M
Fees for servicesLn 2g$1.1M
Other incomeLn 4–11$28K
Money outPt IX
$7.6M
Ln 25
Programscol B$6.7M
Managementcol C$881K
Fundraisingcol D$90K
Owns and owesPt X
$4.5M
net assets · Ln 32
Cash and savingsLn 1–2$4.6M
Total assetsLn 16$5.4M
LiabilitiesLn 26$891K
PeoplePt VI, VII
13
listed · VII A
PaidVII A7
Voting boardVI 1a7
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$7.4M
Fees for servicesLn 2g$1.1M
Investment incomeLn 3$7K
Other incomeLn 4–11$28K
Total revenueLn 12$8.5M
Assets in detailPt X, end of year
CashLn 1$4.2M
SavingsLn 2$361K
Cash and savings togetherLn 1–2$4.6M
InvestmentsLn 11–13$134K
Land, buildings, equipmentLn 10c$39K
Other assetsLn 15$364K
Total assetsLn 16$5.4M
LiabilitiesLn 26$891K
Net assetsLn 32$4.5M
OperationsPt I, VI
EmployeesI 522
VolunteersI 630
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$3.8M$4.6M
InvestmentsLn 11–13$58K$134K
Land, buildings, equipmentLn 10c$26K$39K
Total assetsLn 16$4.5M$5.4M
LiabilitiesLn 26$974K$891K
Net assetsLn 32$3.6M$4.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$662K$662K
Grants and assistance to foreign recipientsLn 3$50K$50K
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$762K$725K$37K
Pay of disqualified personsLn 6$7K$7K
Other salaries and wagesLn 7$2.1M$1.8M$314K
Pension plan contributionsLn 8$115K$115K
Other employee benefitsLn 9$569K$565K$4K
Payroll taxesLn 10$208K$202K$5K
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$73K$73K
Investment management feesLn 11f$3K$3K
Other fees for servicesLn 11g$440K$278K$160K$2K
Office expensesLn 13$507K$489K$6K$12K
Information technologyLn 14$17K$17K$256
OccupancyLn 16$177K$11K$166K
TravelLn 17$1.8M$1.7M$60K$50K
Depreciation, depletion and amortizationLn 22$11K$11K
InsuranceLn 23$11K$4K$7K
Other expenses (24a–d)Ln 24$31K$31K
All other expensesLn 24e$126K$69K$31K$26K
Total functional expensesLn 25$7.6M$6.7M$881K$90K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $12.3M$10.0M$2.4M$6.9M 990 PDF
FY2024 Viewing $8.5M$7.6M$923K$4.5M 990 PDF
FY2023 $6.9M$6.5M$429K$3.6M 990 PDF
FY2022 $5.6M$5.3M$274K$3.1M 990 PDF
FY2021 $4.2M$3.1M$1.1M$2.9M 990 PDF
FY2020 $3.8M$3.1M$692K$1.8M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $8,549,565 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $5,818,396$7,438,227
I-9 Program service revenuePrior year $1,063,677$1,075,822
I-10 Investment incomePrior year $211$7,291
I-11 Other revenuePrior year $15,765$28,225
I-12 Total revenuePrior year $6,898,049$8,549,565
I-13 Grants and similar amounts paidPrior year $600,000$711,929
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $3,357,330$3,746,216
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,511,780$3,168,655
I-18 Total expensesPrior year $6,469,110$7,626,800
I-19 Revenue less expensesPrior year $428,939$922,765
Part VI · Governance 6 of 7 board members independent, no flags
VI-1a Voting members of the governing body7
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $8,549,565 across 5 lines filed
Lines not itemized here account for $28,225 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$7,438,227
VIII-1h Total contributions, gifts and grants$7,438,227
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,075,822$1,075,822
VIII-3 Investment incomeExcluded from tax $7,291$7,291
VIII-12 Total revenueRelated to mission $1,104,047 · Unrelated business $0 · Excluded from tax $7,291$8,549,565
Part IX · Statement of functional expenses $7,626,800 across 21 lines filed
IX-1 Grants to domestic organizationsPrograms $661,929$661,929
IX-3 Grants and assistance to foreign recipientsPrograms $50,000$50,000
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $725,138 · Management $36,884$762,022
IX-6 Pay of disqualified personsPrograms $6,700$6,700
IX-7 Other salaries and wagesPrograms $1,770,900 · Management $314,334$2,085,234
IX-8 Pension plan contributionsPrograms $115,174$115,174
IX-9 Other employee benefitsPrograms $565,364 · Management $4,042$569,406
IX-10 Payroll taxesPrograms $202,220 · Management $5,460$207,680
IX-11b Legal feesManagement $2,500$2,500
IX-11c Accounting feesManagement $73,229$73,229
IX-11f Investment management feesManagement $3,071$3,071
IX-11g Other fees for servicesPrograms $278,064 · Management $159,656 · Fundraising $2,225$439,945
IX-13 Office expensesPrograms $488,999 · Management $6,231 · Fundraising $11,613$506,843
IX-14 Information technologyPrograms $16,876 · Fundraising $256$17,132
IX-16 OccupancyPrograms $10,913 · Management $166,474$177,387
IX-17 TravelPrograms $1,659,333 · Management $60,171 · Fundraising $49,815$1,769,319
IX-22 Depreciation, depletion and amortizationManagement $11,286$11,286
IX-23 InsurancePrograms $3,719 · Management $6,871$10,590
IX-24 Other expenses (24a–d)Programs $31,150$31,150
IX-24e All other expensesPrograms $68,920 · Management $30,954 · Fundraising $26,329$126,203
IX-25 Total functional expensesPrograms $6,655,399 · Management $881,163 · Fundraising $90,238$7,626,800
Part X · Balance sheet $5,407,472 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $3,465,092$4,226,689
X-2 Savings and temporary cash investmentsStart of year $300,543$360,708
X-4 Accounts receivableStart of year $30,236$14,500
X-9 Prepaid expenses and deferred chargesStart of year $180,654$269,107
X-10c Land, buildings and equipment, netStart of year $25,838$38,601
X-11 Publicly traded securitiesStart of year $57,517$133,919
X-15 Other assetsStart of year $489,271$363,948
X-16 Total assetsStart of year $4,549,151$5,407,472
X-17 Accounts payable and accrued expensesStart of year $65,973$162,349
X-19 Deferred revenueStart of year $412,352$355,750
X-25 Other liabilitiesStart of year $496,021$372,949
X-26 Total liabilitiesStart of year $974,346$891,048
X-27 Net assets without donor restrictionsStart of year $3,274,805$2,581,424
X-28 Net assets with donor restrictionsStart of year $300,000$1,935,000
X-32 Total net assets or fund balancesStart of year $3,574,805$4,516,424
X-33 Total liabilities and net assetsStart of year $4,549,151$5,407,472
Part XI · Reconciliation of net assets $4,516,424 net assets at year end
XI-1 Total revenue$8,549,565
XI-2 Total expenses$7,626,800
XI-3 Revenue less expenses$922,765
XI-4 Net assets at start of year$3,574,805
XI-5 Net unrealized gains (losses) on investments$18,854
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$4,516,424

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.