THE PRACTICE SPACE INC

EIN: 815115661 501(c)(3) Education

EL CERRITO, CA

Total Revenue
$1,043,662
Total Expenses
$742,873
Total Assets
$506,491
Net Assets
$506,260
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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
CA
Phone
5107080535
Tax Period
2023-01-01 to 2023-12-31

THE PRACTICE SPACE INC, founded in 2017, is a community nonprofit in the Education sector that reported $1.0M in total revenue in fiscal year 2023. Revenue surged 79% from the prior year, signaling strong growth momentum. The organization ran a surplus of $301K, a strong 29% operating margin.

Mission

The Practice Spaces mission is to build confidence and community through communication skill development to advance inclusion, develop empathy, and elevate underrepresented voices. By increasing intergenerational access to public speaking education, we envision a world where diverse communities of youth and adults feel cared for, free from stereotypes, and capable of meaningful connection using their voices.We are led by a majority-women team and Board, founded by AnnMarie Baines, PhD, an educator, learning science researcher, speech and debate coach and UC Berkeley professor with over 20 years of experience in public speaking. Our team of coaches bring expertise in public speaking, speech, debate, storytelling, acting, podcasting, and poetry to design fun and practical experiences for every student. We have served over 2800 students (adults and youth) since our founding in 2017 and 85% of our participants identify as people of color. Our K-12 education work is done primarily in Title

Program Service Accomplishments

Program 1
Expenses: $363,917

Year-Round Direct Services for Youth: We partner to offer after-school programs and summer camps for K-12 youth, who learn speech and debate and participate in community events (such as showcases and...

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Year-Round Direct Services for Youth: We partner to offer after-school programs and summer camps for K-12 youth, who learn speech and debate and participate in community events (such as showcases and tournaments) along with paid jobs for older youth to learn to coach. These programs help young people feel confident with oral communication. Through interactive practice and fun activities, our clubs and camps serve as enrichment, career development, mentoring, and leadership development programs because they help young people develop their voices through culturally-relevant content. 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.

Program 2
Expenses: $77,980

Adult Workshops & Lessons: We partner with businesses and nonprofits, offering customized executive coaching, group workshops, and private lessons focusing on pitches, storytelling, presentations...

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Adult Workshops & Lessons: We partner with businesses and nonprofits, offering customized executive coaching, group workshops, and private lessons focusing on pitches, storytelling, presentations, and keynotes. We offer educational workshops that help participants with speech writing, oral delivery, impostor syndrome, anxiety-coping, and adapting to their audiences. Our workshops are offered to teams at their workplaces, in addition to online and in-person private lessons. They learn tips and techniques that they can immediately apply to their jobs and practice implementing coach feedback through example presentations.

Program 3
Expenses: $77,980

Curriculum & Teacher Coaching: We partner with schools and districts, offering year-long speech/debate curriculum and teacher coaching to engage English Learners in high schools (especially Long-Term...

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Curriculum & Teacher Coaching: We partner with schools and districts, offering year-long speech/debate curriculum and teacher coaching to engage English Learners in high schools (especially Long-Term English Learners) through relevant projects. Our Speech and Debate course uses 6 projects (with online coaching) as the driver for learning for English Learners in high school, including: podcasting, drama, presentation, speak in real life, debate and argumentation and keynote. Teacher coaching and professional development workshops help teachers improve student engagement, advance literacy skills, meet academic standards and reclassification requirements, and prepare for postsecondary life.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $722,077
Program Service Revenue $321,585
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,043,662

Expense Breakdown

Grants Paid $0
Salaries & Benefits $545,412
Fundraising Expenses $43,001
Program Expenses $519,877
Other Expenses $197,461
TOTAL EXPENSES $742,873

Year-over-Year Comparison

2023 2022 Change
Revenue $1,043,662 $581,466 +0.8%
Expenses $742,873 $539,915 +0.4%
Net Income $300,789 $41,551 +6.2%
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
10
Independent Members
9
Employees
28
Volunteers
22

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
4
$0
Total Directors
10
$89,553
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANNMARIE BAINES Executive Dir. 40.00
Director
$87,129 $2,424 $89,553
RASHON LANE Secretary 3.00
Officer Director
$0 $0 $0
JESSE STEWART Director 2.00
Director
$0 $0 $0
EVANGELIA WARD-JACKSON Director 2.00
Director
$0 $0 $0
PAUL BAINES Treasurer 4.00
Officer Director
$0 $0 $0
SYLVIA SUDAT President 3.00
Officer Director
$0 $0 $0
TODD GROVES Director 2.00
Director
$0 $0 $0
LORNA CONTRERAS-TOWNSEND Vice President 2.00
Officer Director
$0 $0 $0
JADE SHIPMAN Director 3.00
Director
$0 $0 $0
ELAINE LIN-HERING Director 2.00
Director
$0 $0 $0
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
2024 No data No data No data No data
2023 $1,043,662 $742,873 $506,491 $300,789
2022 $581,466 $539,915 $203,999 $41,551
2021 $336,145 $322,197 $164,138 $13,948
2020 $214,419 $205,233 $149,086 $9,186
2019 $213,941 $172,863 $138,246 $41,078
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