Inspirit Fund
- Assets
- $12.1m
- Revenue
- $140.5k
- Investments
- $11.5m
- Employees
- 0
- Location
- Centennial, CO
- Founding
- 08/2014
- Data as of
- 12/2022
- EIN
- 46-3785697
Organization Overview
Inspirit Fund is located in Centennial, CO. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Inspirit Fund 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, Inspirit Fund generated $140.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $597.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Inspirit Fund has awarded 48 individual grants totaling $1,475,389. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
A PROJECT TO BUILD ENTREPRENEURIAL ONLINE SUPPORT (CURRICULUM DESIGN/MENTORING/ SUPPORT) TO INDIVIDUALS WITHOUT COLLEGE DEGREES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Bradford King Co-Pres/dir/sec | 10 | $0 | |
Pamela King Co-Pres/dir/tre | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10,099 |
| Dividends & Interest | $178,113 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $35,764 |
| Capital Gain Net Income | $35,764 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$83,468 |
| Total Revenue | $140,508 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $1,038 |
| Taxes | $34,597 |
| Depreciation | $0 |
| Occupancy | $18,000 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,987 |
| Total operating and administrative expenses | $100,622 |
| Contributions, gifts, grants paid | $496,618 |
| Total expenses and disbursements | $597,240 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $628,505 |
| Savings and temporary cash investments | $0 |
| 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 | $4,885,045 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,097,479 |
| 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 |
Grants Awarded
Over the last fiscal year, Inspirit Fund has awarded $322,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MORGAN STANLEY GLOBAL IMPACT FUNDIN PURPOSE: GENERAL AND UNRESTRICTED | $222,000 |
PASADENA PLAYHOUSE PURPOSE: GENERAL AND UNRESTRICTED | $100,000 |