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EIN 83-0620564

Precision Institute

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Wilmington
State
Delaware
Year formed
2018
Most recent tax filings
2023-12-01
NTEE code, primary
J30: Vocational Rehabilitation
Description
Precision Institute trains and assesses adults with developmental disabilities, preparing them for the professional workplace. The organization has had a 90% success rate of job placements for all neurodiverse employment candidates who have completed their program. Located in Wilmington, DE.
Total revenues
$694,603
2023
Total expenses
$651,162
2023
Total assets
$150,244
2023
Num. employees
0
2023

Program areas at Precision Institute

An assessment and training organization which prepares adults with developmental disabilities for the professional workplace.

Who funds Precision Institute

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Gula Tech FoundationAssesses and Trains Individuals Impacted By Autism and Other Developmental Disabilities and Prepares Them To Enter the Workforce in Technology and Business Services Positions Throughout the U.s.$350,000
The Frist FoundationGeneral Support As Directed By Jennifer and Billy Frist$50,000
Laffey-Mchugh FoundationGeneral Operating Support$20,000
...and 3 more grants received

Personnel at Precision Institute

NameTitleCompensation
Ernest J DianastasisDirector$0
Michael C GassChairman$0
Susan O'DonnellDirector$0

Financials for Precision Institute

RevenuesFYE 12/2023
Total grants, contributions, etc.$551,195
Program services$119,408
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$24,000
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$694,603

Form 990s for Precision Institute

Fiscal year endingDate received by IRSFormPDF link
2023-122024-08-30990View PDF
2022-122023-11-15990View PDF
2021-122022-11-16990View PDF

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Data update history
July 14, 2024
Received grants
Identified 2 new grant, including a grant for $350,000 from Gula Tech Foundation
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $50,000 from The Frist Foundation
January 22, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 26, 2023
Received grants
Identified 1 new grant, including a grant for $20,000 from Laffey-Mchugh Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Employment organizationsCharities
Issues
Human servicesJobs and employment
Characteristics
Partially liquidatedState / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
2 Righter Pkwy Suite 215
Wilmington, DE 19803
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
New Castle County, DE
Website URL
theprecision.institute/ 
Phone
(610) 742-3306
IRS details
EIN
83-0620564
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2018
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
J30: Vocational Rehabilitation
NAICS code, primary
624310: Vocational Rehabilitation Services
Parent/child status
Independent
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