Inspiration Labs Inc
- Assets
- $144.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tampa, FL
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 46-2581148
Organization Overview
Inspiration Labs Inc is located in Tampa, FL. The organization was established in 2014. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Inspiration Labs 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 12/2021, Inspiration Labs Inc generated $106.6k 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 (4.2%) each year. All expenses for the organization totaled $123.0k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE A WORKSHOP AREA/SPACE FOR MEMBERS TO WORK ON THEIR PROJECTS SUCH AS ROBOTICS, AQUAPONICS, ELECTRONICS, VIDEO AND ARCADE GAMING, 3D PRINTING, ART, ETC.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carl Dorman Director | 10 | $0 | |
Alexander Wingeier Director | 5 | $0 | |
William Stillwell Director | 5 | $0 | |
Jonathan Adair Director | 5 | $0 | |
William B Shaw President | 5 | $0 | |
Richard Boake Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,355 |
| Total Program Service Revenue | $7,506 |
| Membership dues | $94,696 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $106,565 |
| 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 | $1,800 |
| Occupancy, rent, utilities, and maintenance | $89,200 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $31,515 |
| Total expenses | $122,957 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $137,825 |
| Other assets | $0 |
| Total assets | $144,760 |
| Total liabilities | $22,451 |
| Net assets or fund balances | $122,309 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Inspiration Labs Inc has recieved totaling $584.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $584 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fair Fight Action Inc Atlanta, GA | $4,976,834 | $29,928,008 |
Plato Academy Schools Corporation Clearwater, FL | $134,350,424 | $31,890,679 |
Early Learning Coalition Of Northwest Florida Inc Marianna, FL | $3,346,474 | $28,789,946 |
Early Learning Coalition Of Osceola County Inc Kissimmee, FL | $3,012,946 | $27,905,401 |
Faculty Associates Incorporated Gainesville, FL | $18,354,841 | $24,140,038 |
Landmark Christian School Fairburn, GA | $28,586,929 | $25,037,540 |
Georgia Advanced Technology Ventures Inc Atlanta, GA | $206,195,666 | $20,980,407 |
Galileo School Foundation Inc Sanford, FL | $34,481,901 | $12,247,750 |
Tree Of Knowledge Learning Academy Inc Miami Beach, FL | $8,101,415 | $14,538,092 |
Bridge Prep Academy Of Tampa Inc Miami, FL | $4,019,388 | $14,708,273 |
Alabama Nursing Home Association Education Foundation Montgomery, AL | $40,408,149 | $40,141,575 |
Centennial Place Academy Inc Atlanta, GA | $7,663,078 | $14,548,051 |