Nonprofit · EIN 83-0620564
PRECISION INSTITUTE
Tax-exempt · WILMINGTON, DE 19803
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $619,019 | $614,643 | $4,376 | $119,104 | $0 | $119,104 |
| December 31, 2024 | 990 | $553,417 | $588,987 | -$35,570 | $114,674 | $0 | $114,674 |
| December 31, 2023 | 990 | $694,603 | $651,162 | $43,441 | $150,244 | $0 | $150,244 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $449,655
- Program service revenue
- $168,995
- Investment income
- $369
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $145,078
- Travel
- $250
- Depreciation
- $897
- Program services (functional)
- $503,551
- Management and general (functional)
- $70,336
- Fundraising (functional)
- $40,756
Balance sheet and other
- Total assets, start of year
- $114,674
- Total assets, end of year
- $119,104
- Total liabilities, end of year
- $0
- Net assets, end of year
- $119,104
- Land, buildings and equipment
- $19,787
- Publicly traded securities
- $5,165
- Net assets without donor restrictions
- $119,104
- Gross receipts
- $619,019
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2018
- State of legal domicile
- DE
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERNEST DIANASTASIS | DIRECTOR Trustee or director, Officer | 0.12 | $0 |
| MICHAEL C GASS | CHAIRMAN Trustee or director, Officer | 0.12 | $0 |
| SUSAN O'DONNELL | DIRECTOR Trustee or director, Officer | 0.12 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERNEST DIANASTASIS | DIRECTOR Trustee or director, Officer | 0.12 | $0 |
| MICHAEL C GASS | CHAIRMAN Trustee or director, Officer | 0.12 | $0 |
| SUSAN O'DONNELL | DIRECTOR Trustee or director, Officer | 0.12 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERNEST DIANASTASIS | DIRECTOR Trustee or director, Officer | 0.12 | $0 |
| MICHAEL C GASS | CHAIRMAN Trustee or director, Officer | 0.12 | $0 |
| SUSAN O'DONNELL | DIRECTOR Trustee or director, Officer | 0.12 | $0 |
Address and contacts
- Address (IRS master file)
- 2 RIGHTER PKWY STE 215, WILMINGTON, DE 19803-1529
- In care of
- % ERNEST DIANASTASIS
- Principal officer (990 for 2025)
- ERNEST DIANASTASIS, TWO RIGHTER PARKWAY, SUITE 215, WILMINGTON, DE 19803
- Signed the 990
- ERNEST J DIANASTASIS, DIRECTOR
- Phone
- (610) 742-3306
Mission
AN ASSESSMENT AND TRAINING ORGANIZATION WHICH PREPARES ADULTS WITH DEVELOPMENTAL DISABILITIES FOR THE PROFESSIONAL WORKPLACE. THE PRECISION INSTITUTE HAS A 90% JOB PLACEMENT RATE OF SUCCESS WITH ALL NEURODIVERSE EMPLOYMENT CANDIDATES WGI THROUGH THE PROGRAM.
Program accomplishments
- AN ASSESSMENT AND TRAINING ORGANIZATION WHICH PREPARES ADULTS WITH DEVELOPMENTAL DISABILITIES FOR THE PROFESSIONAL WORKPLACE.Expenses $503,551
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 83-0620564
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Employment (J22)
- Assets (IRS master file)
- $119,104
- Income (IRS master file)
- $619,019
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $619,019 | $614,643 | $119,104 | XML |
| 990 | December 2024 | $553,417 | $588,987 | $114,674 | XML |
| 990 | December 2023 | $694,603 | $651,162 | $150,244 | XML |
| 990 | December 2022 | $463,496 | $647,433 | $106,803 | IRS |
| 990 | December 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 83-0620564).
Questions about PRECISION INSTITUTE
- What is the EIN of PRECISION INSTITUTE?
- The employer identification number (EIN) of PRECISION INSTITUTE is 83-0620564.
- Is PRECISION INSTITUTE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to PRECISION INSTITUTE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PRECISION INSTITUTE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PRECISION INSTITUTE due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PRECISION INSTITUTE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of PRECISION INSTITUTE?
- The 990 for the year ended December 31, 2025 names ERNEST DIANASTASIS.
- Who are the officers and directors of PRECISION INSTITUTE?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does PRECISION INSTITUTE have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $619,019, expenses of $614,643 and total assets of $119,104 at year end.
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