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Praxis Inc

EIN 45-0967206 · New York, NY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood75 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

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.

Income
$12.3 million
Spending
$10.0 million
Spent on programs
83%
Reserves
4.7 months of spending
Largest source of income
donations and private grants, 89%
Employees
22
Volunteers
30
Highest pay
$448,840, co-founder & president

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 75 out of 100. Higher than 48% of charities in its peer group (religion, $10m to $100m).

  • Reserves

    20 of 35

    Spendable reserves would cover 4.7 months of spending.

  • Debt

    10 of 20

    It owes 41% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 19% of income.

  • Income trend

    15 of 15

    Income rose 44% on the year before.

  • Spending floor

    15 of 15

    83% of spending went to programs and raising each dollar of donations cost 2 cents.

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 57% of charities in its peer group (religion, $10m to $100m).

  • Independent board

    25 of 25

    6 of 7 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (4)
  1. $4.1 million spent. GLOBAL VENTURE BUILDING ECOSYSTEMPRAXIS RUNS INTENSIVE 12-MONTH ACCELERATORS FOR CHRISTIAN ENTREPRENEURS BUILDING REDEMPTIVE VENTURES, PROVIDING VALUES-ALIGNED CAPITAL, WORLD-CLASS MENTORSHIP, PEER COMMUNITY, SPIRITUAL FORMATION, AND IMAGINATIVE CONTENT. CURRENTLY OPERATING FOUR GLOBAL PROGRAMS - US BUSINESS, US NONPROFIT, AFRICA, AND ASIA PACIFIC - EACH COHORT SERVES APPROXIMATELY 12 FELLOWS, SUPPORTED THROUGH IN-PERSON GATHERINGS, COACHING, AND PEER CIRCLES THAT CONTINUE WELL BEYOND THE PROGRAM ITSELF. (CONTINUED ON SCHEDULE O)PRAXIS ALSO CONVENES REGIONAL GATHERINGS THAT BRING ENTREPRENEURS, INVESTORS, AND BUILDERS TOGETHER FOR MULTI-DAY EVENTS OF CONVENING, RELATIONSHIP BUILDING, AND IMAGINATIVE STORIES, WITH RECENT GATHERINGS SERVING THE AFRICA AND ASIA PACIFIC REGIONS IN NAIROBI AND SINGAPORE. THROUGH ITS LOCAL ECOSYSTEMS WORK, PRAXIS EQUIPS ECOSYSTEM BUILDERS TO DEVELOP LOCAL REDEMPTIVE COMMUNITIES, OFFERING STRUCTURED PROGRAMMING THROUGH LABS, TABLES, AND COURSES THAT SPAN ACROSS MORE THAN 100 CITIES WORLDWIDE.
  2. $2.6 million spent. SUMMIT & COMMUNITYEVERY YEAR, THE PRAXIS COMMUNITY GATHERS AT THE SUMMIT TO LEARN TOGETHER, CELEBRATE FAITHFUL WORK, AND COLLABORATE AROUND NEW OPPORTUNITIES FOR REDEMPTIVE INNOVATION ACROSS CITIES, SECTORS, AND SOCIAL CHALLENGES. THE BROADER COMMUNITY INITIATIVE CURATES THE RIGHT PEOPLE, CREATES WORLD-CLASS FORMATION EXPERIENCES, AND ACTIVATES CAPITAL AND ACTIVITY TOWARD OUR SHARED WORK. THIS ALSO INCLUDES THE REDEMPTIVE IMAGINATION PROJECT, A CULTURAL STUDIO, ORGANIZING TO ADDRESS THE MAJOR ISSUES OF OUR TIME.
  3. $1.6 million spent. MEDIA, BRAND & PRODUCTPRAXIS MEDIA IS THE CREATIVE, IDEAS, AND STORYTELLING ENGINE OF THE ORGANIZATION PRODUCING ORIGINAL CONTENT ACROSS AUDIO, WRITTEN, AND VISUAL FORMATS THAT BRINGS REDEMPTIVE VISION TO LIFE. WORKING IN CLOSE PARTNERSHIP, THE BRAND & PARTNERSHIPS INITIATIVE STEWARDS THE PRAXIS BRAND ACROSS ALL CHANNELS, LEADING GO-TO-MARKET EFFORTS TO BUILD AWARENESS, ENGAGEMENT, AND TRUST. TOGETHER THESE TEAMS CULTIVATE STRATEGIC RELATIONSHIPS ACROSS CHURCHES, UNIVERSITIES, AND PARTNER ORGANIZATIONS TO GROW PRAXIS'S REACH AND INFLUENCE.
  4. ENDURING ORGANIZATION - THE MISSION OF THE ENDURING ORGANIZATION IS TO CREATE AND MANAGE A WORLD-CLASS REDEMPTIVE NON-PROFIT ORGANIZATION WITH A MISSION-EMBODYING ORGANIZATIONAL CULTURE AND FINANCIAL HEALTH. WE BUILD SYSTEMS, STRUCTURES, INTERNAL OPERATIONS, AND AN ECONOMIC ENGINE THAT KEEPS UP WITH THE GROWTH OF THE REST OF THE ORGANIZATION.

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending September 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since January 2012.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.