Inspiration Time Inc
- Assets
- $446.5k
- Revenue
- $587.1k
- Investments
- $0.0
- Employees
- 11
- Location
- Waterford, PA
- Founding
- 02/1985
- Data as of
- 12/2020
- EIN
- 25-1203214
Organization Overview
Inspiration Time Inc is located in Waterford, PA. The organization was established in 1985. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Inspiration Time Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Inspiration Time 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 12/2020, Inspiration Time Inc generated $587.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $653.2k during the year ending 12/2020. While expenses have increased by 6.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE THE GOSPEL OF CHRIST
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ENTITY PROMOTES THE GOSPEL OF JESUS CHRIST THROUGH A COMMUNICATION SYSTEM SERVICING NORTHWEST PENNSYLVANIA AND SURROUNDING AREAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joel J Natalie Station Mgr | 40 | $65,977 | |
Adam Q Frase General Manager | 40 | $62,420 | |
Diane Senger Secretary | OfficerTrustee | 2 | $0 |
Kristine Loeffler Treasurer | OfficerTrustee | 2 | $0 |
Edward Mattison President | OfficerTrustee | 2 | $0 |
Paul Kitchen Vice President | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $279,732 |
| Investment income | $7 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $11,954 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $587,051 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $117,018 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $94,779 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $15,207 |
| Payroll taxes | $16,572 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,962 |
| Fees for services: Accounting | $5,710 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $11,602 |
| Office expenses | $1,482 |
| Information technology | $4,081 |
| Royalties | $0 |
| Occupancy | $37,615 |
| Travel | $181 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,043 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $27,839 |
| Insurance | $11,406 |
| All other expenses | $0 |
| Total functional expenses | $653,166 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $86,777 |
| Savings and temporary cash investments | $15,853 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $26,479 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $76,318 |
| Other assets | $0 |
| Total assets | $446,476 |
| Accounts payable and accrued expenses | $24,209 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $199,037 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $223,246 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $223,230 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Inspiration Time Inc has recieved totaling $37,911.
| Awarding Organization | Amount |
|---|---|
Erie Community Foundation Erie, PA PURPOSE: VARIOUS PROJECTS | $36,826 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $760 |
Ge Foundation Norwalk, CT PURPOSE: MATCHING GIFTS | $325 |
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Strategic Resource Group Inc Easton, MD | $12,208,514 | $28,797,480 |
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Chayim Vchesed Inc Brooklyn, NY | $4,624,709 | $20,578,750 |
Word Among Us Inc Frederick, MD | $22,622,798 | $15,315,908 |
Church Of God Home Inc Carlisle, PA | $19,131,303 | $10,297,438 |
Back 2 Back Ministries Inc Mason, OH | $16,341,723 | $15,736,396 |