I-Nspire Foundation Inc
- Assets
- $122.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Southaven, MS
- Founding
- 03/2013
- Data as of
- 12/2022
- 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 12/2022, I-Nspire Foundation Inc generated $90.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.4%) each year. All expenses for the organization totaled $69.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (15.1%) per year over the past 6 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
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 |
|---|---|---|---|
Rhonda Mccaskill Chairman | 2 | $0 | |
Sheryl Gasque Treasurer | 1 | $0 | |
Barry Seals Board Member | 1 | $0 | |
Jasmine Mccaskill Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $89,464 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $603 |
| Total Revenue | $90,067 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,209 |
| Professional fees and other payments to independent contractors | $15,378 |
| Occupancy, rent, utilities, and maintenance | $18,099 |
| Printing, publications, postage, and shipping | $1,908 |
| Other expenses | $30,518 |
| Total expenses | $69,112 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,470 |
| Other assets | $0 |
| Total assets | $122,407 |
| Total liabilities | $17,928 |
| Net assets or fund balances | $104,479 |