Inner Life Fund Inc
- Assets
- $295.8k
- Revenue
- $30.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hubert, NC
- Founding
- 08/2006
- Data as of
- 12/2022
- EIN
- 20-5109708
Organization Overview
Inner Life Fund Inc is located in Hubert, NC. The organization was established in 2006. According to its NTEE Classification (X05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Inner Life Fund 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 12/2022, Inner Life Fund Inc generated $30.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (36.6%) each year. All expenses for the organization totaled $24.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
FINANCIAL SUPPORT FOR SISTERS OF ST. FRANCIS (NV).
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James L Hirsen President | 1 | $0 | |
Margaret Hirsen Sec'y/cfo | 1 | $0 | |
Deborah J Dewart Director | 1 | $0 | |
Christian Jara Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $30 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $30 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $775 |
| Contributions, gifts, grants paid | $24,000 |
| Total expenses and disbursements | $24,775 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,280 |
| Savings and temporary cash investments | $291,490 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $295,770 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Peer Organizations
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|---|---|---|
Blueprint 1543 Knoxville, TN | $887,932 | $1,240,910 |
Wall Watchers Matthews, NC | $156,056 | $444,704 |
Staying True To Americas National Destiny Foundation Inc Chesapeake, VA | $134,732 | $558,600 |
World History Institute Franklin, TN | $935,194 | $228,165 |
Family Foundation Action Richmond, VA | $186,301 | $279,915 |
Center For Baptist Heritage And Studies Richmond, VA | $121,570 | $0 |
Foundation On Judaism And Christian Origins Rome, GA | $415,009 | $0 |
Global Medical Research Institute Inc Cleveland, TN | $63,574 | $0 |
Inner Life Fund Inc Hubert, NC | $295,770 | $30 |
New City Commons Foundation Charlottesville, VA | $276 | $0 |
American Society For The Study Of Religion Raleigh, NC | $8,648 | $0 |
Institute For Jewish-Christian Studies Murphy, NC | $21,480 | $0 |