Practice Space Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
We build confidence and community through communication skill development.
- Income
- $1.2 million
- Spending
- $1.1 million
- Spent on programs
- 64%
- Reserves
- 4.2 months of spending
- Largest source of income
- donations and private grants, 79%
- Employees
- 64
- Volunteers
- 36
- Highest pay
- $121,546, sr dir of programs
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 78 out of 100. Higher than 63% of charities in its peer group (education, $1m to $10m).
Reserves
20 of 35Spendable reserves would cover 4.2 months of spending.
Debt
20 of 20It owes 7% of what it owns.
Living within its means
15 of 15Income exceeded spending by 8% of income.
Income trend
15 of 15Income rose 13% on the year before.
Spending floor
8 of 1564% of spending went to programs and raising each dollar of donations cost 10 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 94 out of 100. Higher than 67% of charities in its peer group (education, $1m to $10m).
Independent board
25 of 258 of 10 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
9 of 15Its accounts were reviewed or compiled by an independent accountant, but not audited.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, 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 (3)
- $396,921 spent. K-8 Programs for Youth: We offer after-school programs and summer camps for youth in grades K-8, who learn speech and debate and participate in community events (such as showcases and tournaments). These programs help young people feel confident with oral communication. Students practice a wide range of public speaking modalities to gain positive memories around public speaking. They experience presentations, debate, acting, advocacy speeches, poetry, podcasting, and more, and practice regularly each week with coach feedback. In 2024, we served roughly 400 participants through workshops twice per week, year-round.
- $171,900 spent. High School Programs for Youth: We offer after-school programs and summer camps for high school youth in grades 9-12, who participate in competitive speech and debate teams, storytelling and poetry clubs, career development opportunities, and leadership development programs. They also receive training to learn how to facilitate and coach younger students. Through interactive practice and safe learning environments, youth develop their voices and prepare for public performance opportunities. In 2024, we served roughly 284 participants through weekly workshops year-round.
- $127,503 spent. Adult Workshops, Curriculum, and Coaching: We partner with businesses, nonprofits and school districts to offer customized workshops, curriculum, and coaching to enhance communication in the workplace. Participants work with a coach to build skills around pitches, storytelling, discussion, presentations, and keynotes. Workshops also help participants with speech writing, oral delivery, anxiety-coping, and adapting to their audiences. Our curriculum helps organizations launch and implement programs that support community voice. Our work with school districts helps teachers facilitate student voice and increase engagement and literacy in the classrooms. Overall, our adult work provides tips and techniques that they can immediately apply to their jobs and practice implementing coach feedback. In 2024, we served roughly 300 adult participants in 2024.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
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.
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 October 13, 2026.
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.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since November 2017.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
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 October 21, 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.