I-Nspire Foundation Inc
- Assets
- $90.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Southaven, MS
- Founding
- 03/2013
- Data as of
- 12/2020
- EIN
- 46-1252809
Organization Overview
I-Nspire Foundation Inc is located in Southaven, MS. The organization was established in 2013. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. I-Nspire Foundation 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, I-Nspire Foundation Inc generated $124.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $86.7k during the year ending 12/2020. While expenses have increased by 3.3% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
WE STRIVE TO IMPROVE THE QUALITY OF LIFE TO THE UNDERSERVED WITHIN THE COMMUNTY THROUGH PROGRAMS WE OFFER SUCH AS FEEDING THE HUNGRY AND PROVIDING CLOTHING FOR THOSE IN NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jackie Washinton Officer | 1 | $0 | |
Sheryl Gasque Officer | 1 | $0 | |
Vincent Mccaskill Chairman | 5 | $0 | |
Greg Johnson Officer | 1 | $0 | |
Royal Chatman Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $124,251 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2 |
| Total Revenue | $124,253 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $774 |
| Professional fees and other payments to independent contractors | $4,318 |
| Occupancy, rent, utilities, and maintenance | $56,346 |
| Printing, publications, postage, and shipping | $191 |
| Other expenses | $25,081 |
| Total expenses | $86,710 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,984 |
| Other assets | $0 |
| Total assets | $90,904 |
| Total liabilities | $30,925 |
| Net assets or fund balances | $59,979 |
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