Nonprofit · EIN 37-2045764
PRACTICE COLLECTIVE
Tax-exempt · LEANDER, TX 78641
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $366,284 | $382,981 | -$16,697 | $114,961 | $0 | $114,961 |
| December 31, 2024 | 990 | $370,911 | $351,415 | $19,496 | $131,658 | $0 | $131,658 |
| December 31, 2023 | 990-EZ | $183,648 | $156,050 | $27,598 | $112,162 | – | $112,162 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $247,090
- Program service revenue
- $118,097
- Investment income
- $0
- Net income from fundraising events
- $1,097
- Other revenue
- $1,097
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $129,000
- Salaries, compensation and benefits (total)
- $160,342
- Professional fundraising fees
- $0
- Accounting fees
- $979
- Occupancy
- $800
- Travel
- $26,708
- Program services (functional)
- $367,582
- Management and general (functional)
- $15,399
Balance sheet and other
- Total assets, start of year
- $131,658
- Total assets, end of year
- $114,961
- Total liabilities, end of year
- $0
- Net assets, end of year
- $114,961
- Net assets without donor restrictions
- $91,007
- Net assets with donor restrictions
- $23,954
- Gross receipts
- $368,549
- Employees
- 1
- Volunteers
- 5
- Year formed
- 2022
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BETH BAUER | SECRETARY Officer | – | $0 |
| JOHN KELLEY | TREASURER Officer | – | $0 |
| LORI SHOULTS | PRESIDENT Officer | – | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BETH BAUER | SECRETARY Officer | – | $0 |
| JOHN KELLEY | TREASURER Officer | – | $0 |
| LORI SHOULTS | PRESIDENT Officer | – | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LORI SHOULTS | PRESIDENT | 30 | $0 |
| BETH BAUER | SECRETARY | 1 | $0 |
| JOHN KELLEY | TREASURER | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 4141 CRYSTAL MESA CV, LEANDER, TX 78641-4857
- In care of
- % LORI SHOULTS
- Principal officer (990 for 2025)
- LORI SHOULTS, 4141 CRYSTAL MESA COVE, LEANDER, TX 78641
- Signed the 990
- LORI SHOULTS, PRESIDENT
- Phone
- (847) 508-0282
- Website
- PRACTICECOLLECTIVE.ORG
- Return prepared by
- NRACPA LLC
Mission
PROVIDE HOLISTIC EXPERIENCES, SAFE COMMUNITIES AND RELEVANT RESOURCES THAT INVITE AND ENCOURAGE FOLLERS OF JESUS CHRIST ON THEIR INWARD AND OUTWARD JOURNEY OF SPIRITUAL TRANSFORMATION.
Program accomplishments
- PASTORS, PRIESTS AND GUIDES RETREATExpenses $262,558 · revenue $49,227
- IGNATIAN JOURNEY COURSEExpenses $18,610 · revenue $15,790
- IGNATION JOURNEY RETREAT AND COHORTExpenses $21,447 · revenue $22,531
- OTHER PROGRAMS AND ADMINISTRATIONExpenses $64,967 · revenue $24,196
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 37-2045764
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X20)
- Assets (IRS master file)
- $114,961
- Income (IRS master file)
- $368,549
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $366,284 | $382,981 | $114,961 | IRS |
| 990 | December 2024 | $370,911 | $351,415 | $131,658 | IRS |
| 990-EZ | December 2023 | $183,648 | $156,050 | $112,162 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 37-2045764).
Questions about PRACTICE COLLECTIVE
- What is the EIN of PRACTICE COLLECTIVE?
- The employer identification number (EIN) of PRACTICE COLLECTIVE is 37-2045764.
- Is PRACTICE COLLECTIVE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to PRACTICE COLLECTIVE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PRACTICE COLLECTIVE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PRACTICE COLLECTIVE due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PRACTICE COLLECTIVE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of PRACTICE COLLECTIVE?
- The 990 for the year ended December 31, 2025 names LORI SHOULTS.
- Who are the officers and directors of PRACTICE COLLECTIVE?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does PRACTICE COLLECTIVE have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $366,284, expenses of $382,981 and total assets of $114,961 at year end.
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