INSTITUTE FOR NONPROFIT PRACTICE INC

EIN: 471613050 501(c)(3) Human Services

BOSTON, MA

Total Revenue
$6,692,316
Total Expenses
$7,539,806
Total Assets
$5,466,295
Net Assets
$4,774,517
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
MA
Principal Officer
YOLANDA COENTRO
Phone
7814005742
Tax Period
2022-07-01 to 2023-06-30

INSTITUTE FOR NONPROFIT PRACTICE INC, founded in 2014, is a community nonprofit in the Human Services sector that reported $6.7M in total revenue in fiscal year 2022. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $7.5M exceeded revenue, resulting in a 13% operating deficit.

Mission

THE INSTITUTE FOR NONPROFIT PRACTICE'S MISSION IS TO TRANSFORM COMMUNITIES BY EQUIPPING THE MOST PROMISING NONPROFIT LEADERS WITH THE SKILLS, CONFIDENCE, AND RESOURCES THEY NEED TO MAKE THEIR ORGANIZATIONS EFFECTIVE, INNOVATIVE, AND SUSTAINABLE. INP OFFERS YEAR LONG CERTIFICATE PROGRAMS FOR NONPROFIT EXECUTIVES, MANAGERS, AND EMERGING LEADERS IN BOTH NATIONAL PROGRAMS OPEN TO ALL AROUND THE COUNTRY AND A SELECT PORTFOLIO OF PLACE-BASED PROGRAMS IN 11 LOCATIONS: BOSTON, MA, CAPE COD & THE ISLANDS, MA, MERRIMACK VALLEY / ESSEX COUNTY, MA, PROVIDENCE, RI, CHICAGO, IL, DALLAS, TX, LOS ANGELES, CA, SAN FRANCISCO BAY AREA, CA, MINNEAPOLIS-ST. PAUL, MN, NEW YORK, NY AND BUFFALO/WESTERN NEW YORK.

Program Service Accomplishments

Program 1
Expenses: $5,202,044 Revenue: $715,250

IN FY23 THE INSTITUTE FOR NONPROFIT PRACTICE (INP) SERVED 381 GRADUATES FROM 265 UNIQUE ORGANIZATIONS ACROSS A GROWING PORTFOLIO OF PROGRAMS DESIGNED FOR INDIVIDUALS WORKING AT SOCIAL IMPACT...

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IN FY23 THE INSTITUTE FOR NONPROFIT PRACTICE (INP) SERVED 381 GRADUATES FROM 265 UNIQUE ORGANIZATIONS ACROSS A GROWING PORTFOLIO OF PROGRAMS DESIGNED FOR INDIVIDUALS WORKING AT SOCIAL IMPACT ORGANIZATIONS. IN ADDITION, INP OFFERED SUPPORT AND PROGRAMMING FOR ITS 4,000 STUDENTS AND ALUMNI FROM COAST TO COAST. INP'S PROGRAMS ARE ROOTED IN A PRACTICAL, COMPREHENSIVE, AND HIGHLY EFFECTIVE CURRICULUM THAT GOES BEYOND WEEKLY LECTURES TO INCORPORATE VALUABLE PEER-TO-PEER LEARNING AND CROSS SECTOR COLLABORATION IN A HANDS-ON, DYNAMIC ENVIRONMENT. COMBINING BEST-IN-CLASS MANAGEMENT AND LEADERSHIP DEVELOPMENT, INP PROGRAMS SERVE LEADERS AT ALL LEVELS OF THEIR CAREERS. IN FY23, INP SERVED SOCIAL IMPACT SECTOR PROFESSIONALS THROUGH BOTH NATIONAL PROGRAMS OPEN TO ALL AROUND THE COUNTRY AND A SELECT PORTFOLIO OF PLACE-BASED PROGRAMS IN 11 LOCATIONS: BOSTON, MA, CAPE COD & THE ISLANDS, MA, MERRIMACK VALLEY / ESSEX COUNTY, MA, PROVIDENCE, RI, CHICAGO, IL, DALLAS, TX, LOS ANGELES, CA, SAN FRANCISCO BAY AREA, CA, MINNEAPOLIS-ST. PAUL, MN, NEW YORK, NY AND BUFFALO/WESTERN NEW YORK.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $5,976,980
Program Service Revenue $715,250
Investment Income $86
Other Revenue $0
TOTAL REVENUE $6,692,316

Expense Breakdown

Grants Paid $533,750
Salaries & Benefits $4,992,167
Fundraising Expenses $976,845
Program Expenses $5,202,044
Other Expenses $2,013,889
TOTAL EXPENSES $7,539,806

Year-over-Year Comparison

2022 2021 Change
Revenue $6,692,316 $8,569,248 -0.2%
Expenses $7,539,806 $5,436,424 +0.4%
Net Income $-847,490 $3,132,824 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
11
Employees
88
Volunteers
118

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$354,882
Total Directors
12
$354,882
Key Employees
6
$1,302,281
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
YOLANDA COENTRO PRESIDENT & CEO 40.00
Officer Director
$346,519 $8,363 $354,882
MARK ROSEN CHAIR(THRU 6/23)/TREAS.(EFF. 6/23) 4.00
Officer Director
$0 $0 $0
DAVID SHAPIRO TREAS.(THRU 6/23)/DIRECTOR 2.00
Officer Director
$0 $0 $0
MATT EPSTEIN CLERK, DIRECTOR 2.00
Officer Director
$0 $0 $0
SUSAN COHEN DIRECTOR/ CHAIR (EFF.6/23) 4.00
Officer Director
$0 $0 $0
JOSH CHALMERS DIRECTOR 2.00
Director
$0 $0 $0
BARRY DYM DIRECTOR 2.00
Director
$0 $0 $0
JUSTIN KANG DIRECTOR 2.00
Director
$0 $0 $0
MONIQUE AIKEN DIRECTOR 2.00
Director
$0 $0 $0
TOM BENDHEIM DIRECTOR 2.00
Director
$0 $0 $0
OLIVIA ENGEL DIRECTOR 2.00
Director
$0 $0 $0
ANGEL ROBERSON DANIELS DIRECTOR 2.00
Director
$0 $0 $0
PATRICK KIRBY CHIEF STRATEGY OFF. & EVP 40.00
Key Emp
$294,690 $36,633 $331,323
AUDREY GILLIS SR. VICE PRESIDENT OF ADVA 40.00
Key Emp
$184,943 $15,564 $200,507
MEGAN BIRD VP OF NAT. PROG. OPS. 40.00
Key Emp
$164,616 $6,584 $171,200
RUSSATTA BUFORD CHIEF ADMINISTRATIVE OFFICER, EVP 40.00
Key Emp
$160,788 $4,450 $165,238
STACEY HARRIS SR. VP OF STRATEGY & GROWTH 40.00
Key Emp
$152,447 $11,422 $163,869
ROBIN VANN RICCA CHIEF PEOPLE & EQUITY OFFICER 40.00
Key Emp
$254,318 $15,826 $270,144
HANH TRAN VP STRATEGIC INITIATIVES 40.00
Highest
$115,042 $4,143 $119,185
TAYLA OBERFIELD VP STRATEGIC INITIATIVES 40.00
Highest
$112,884 $31,266 $144,150
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $6,692,316 $7,539,806 $5,466,295 $-847,490
2022 $8,569,248 $5,436,424 $6,151,845 $3,132,824
2021 $3,693,770 $4,017,415 $2,854,654 $-323,645
2020 $4,155,218 $2,836,179 $3,207,898 $1,319,039
2019 $2,599,460 $1,953,737 $1,646,932 $645,723
2018 $1,578,643 $1,548,570 $960,220 $30,073
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