Inspire Inc
- Assets
- $291.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Prides Crossing, MA
- Founding
- 03/2000
- Data as of
- 04/2022
- EIN
- 04-3475361
Organization Overview
Inspire Inc is located in Prides Crossing, MA. The organization was established in 2000. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Inspire Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 04/2022, Inspire Inc generated $74.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $53.1k during the year ending 04/2022. As we would expect to see with falling revenues, expenses have declined by (5.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
NATIONAL VOLUNTEER NETWORK OF 500 PRE-MBA CONSULTANTS COMPLETED PRO-BONO CONSULTING PROJECTS FOR EDUCATIONAL AND OTHER NON-PROFITS.
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Board, Officers & Key Employees
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,577 |
| Total Program Service Revenue | $26,300 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $74,877 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $6,895 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,695 |
| Other expenses | $43,540 |
| Total expenses | $53,130 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $255,724 |
| Other assets | $0 |
| Total assets | $291,210 |
| Total liabilities | $8,209 |
| Net assets or fund balances | $283,001 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Inspire Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Stuart L & Susan S Bell Family Foundation Palm Beach, FL PURPOSE: GENERAL FUND | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
College Association At Delhi Inc Delhi, NY | $7,817,922 | $8,398,682 |
Bes Inc Boston, MA | $9,472,977 | $7,138,485 |
Green Mountain Higher Education Consortium Inc Shelburne, VT | $1,891,239 | $6,372,980 |
Public Preparatory Network Inc Bronx, NY | $2,858,866 | $7,875,769 |
National Center For The Improvement Of Educational Assessment Inc Dover, NH | $8,277,343 | $5,732,746 |
Nellco Law Library Consortium Inc Albany, NY | $1,891,684 | $4,822,590 |
Council For Aid To Education Inc New York, NY | $2,451,648 | $5,084,606 |
Capital Preparatory Schools Incorporated Bridgeport, CT | $4,972,601 | $3,901,459 |
Blueprint Schools Network Inc Needham, MA | $3,399,810 | $5,269,995 |
Northeast Charter Schools Network Inc Albany, NY | $2,194,163 | $3,870,808 |
Suny Polytechnic Institute Auxiliary Services Corporation Utica, NY | $5,336,092 | $3,112,245 |
C W Mars Inc Worcester, MA | $3,743,677 | $3,516,194 |