Praeclarus

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 760561452 ✦ Houston, TX ✦ Designated as a 501(c)(6)

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Overview

What is Praeclarus?

Praeclarus is a nonprofit organization that brings together approximately 22 to 35 members for weekly breakfast meetings. The primary purpose of these gatherings is to provide a platform for educational speakers and to promote each other's businesses. The meetings are enriched with additional member events, providing a supportive and collaborative environment. During the COVID-19 pandemic, these meetings were held online, and no membership dues were collected. The organization's activities are centered around fostering professional growth and networking among its members.


Official website here: www.praeclarushouston.org

Is Praeclarus legitimate?

Praeclarus is a legitimate nonprofit organization registered as a 501(c)(6) entity. Praeclarus submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.praeclarushouston.org

What is the mission statement of Praeclarus?

Praeclarus, a group of approximately 22 to 35 members, organizes weekly meetings with the primary purpose of inviting educational speakers and promoting each other's businesses. During the specified period, dues were not collected due to the impact of COVID-19. The meetings serve as a platform for members to engage in informative sessions and network, with additional events included in the schedule for some groups. The organization's focus is on fostering a supportive environment for its members, allowing them to learn and grow in their respective fields.


Official website here: www.praeclarushouston.org

Who is the CEO of Praeclarus?

Katherine Parsley is the President of Praeclarus.


Official website here: www.praeclarushouston.org

What is the revenue of Praeclarus?

Praeclarus's revenue in 2023 was $36,105.


Official website here: www.praeclarushouston.org

Who are the executives of Praeclarus and what are their salaries?


Here are 2 key members and their salaries:


Katherine Parsley (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meagen Smekar (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.praeclarushouston.org

Where can I find the form 990EZ for Praeclarus?

Praeclarus's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.praeclarushouston.org

Learn more at the official website: www.praeclarushouston.org

Mission Statement of Praeclarus

Praeclarus, a nonprofit organization, gathers around 22 to 35 individuals for weekly breakfast meetings. The primary purpose of these gatherings is twofold: to listen to educational speakers and to promote the businesses of its members. During these meetings, members share insights and opportunities, fostering a supportive environment. Notably, during certain periods, including the COVID-19 pandemic, these meetings were held online, and no membership dues were collected. Praeclarus's activities are centered around these weekly meetings, which provide a platform for continuous learning and business growth among its members.

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Impact




October, 2024

Praeclarus has made a significant impact by fostering a supportive community for business professionals in Houston, TX. Through weekly breakfast meetings that have adapted to changing circumstances, such as transitioning to a fully online format during the COVID-19 pandemic, Praeclarus has successfully maintained its core mission: to provide educational opportunities and promote collaboration among its members.

By featuring educational speakers and hosting events, Praeclarus empowers approximately 35 members to share insights, networking opportunities, and business strategies. This environment encourages members to learn from industry experts and each other, enabling them to enhance their skills and expand their business reach.

The organization’s commitment to offering these resources without the barrier of dues has also contributed to its accessibility and inclusivity, allowing a diverse range of professionals to benefit from its programs. Overall, Praeclarus not only strengthens individual businesses but also enhances the local economic landscape through collaboration and knowledge sharing.




This information is meant to be a general summary of Praeclarus. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$36,105 (2023)
Expenses
$33,005 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $36,105

Assets and Liabilities:

  • Total Assets: $19,304
  • Total Liabilities: $0
  • Net Assets: $19,304

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Organization Details

Principal Officer

Katherine Parsley

Main Address

300 ST JOSEPH PKWY UNIT 416, HOUSTON, TX, 77002

NTEE Category

Code: Z99 - Unknown

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