Inspire School Of Arts And Sciences is located in Chico, CA. The organization was established in 2017. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2023, Inspire School Of Arts And Sciences employed 81 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Inspire School Of Arts And Sciences 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 06/2023, Inspire School Of Arts And Sciences generated $5.7m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $5.4m during the year ending 06/2023. While expenses have increased by 4.1% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HIGH LEVELS OF LEARNING AND SUPPORT WITHIN A PERSONALIZED ENVIRONMENT THAT ALLOWS STUDENTS TO EXPLORE THEIR INTERSTS AND DEVELOP THEIR TALENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rebekah Brown Principal Superintendent | 40 | $109,937 | |
Doris Luther Chief Business Officer | 40 | $102,892 | |
Scott Gunderson Teacher | 35 | $108,272 | |
Kenneth Hardy Associate Principal | 40 | $105,279 | |
Matthew Mclaughlin Director Of Special Education | 40 | $124,280 | |
Pat Macias Board Chair | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $5,621,185 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $5,621,185 |
Total Program Service Revenue | $0 |
Investment income | $16,584 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,706,909 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,969,866 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $1,301,848 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $268,856 |
Travel | $85,968 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $581 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $7,055 |
Insurance | $53,463 |
All other expenses | $0 |
Total functional expenses | $5,360,355 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,696,358 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,305,040 |
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 | $80,474 |
Net Land, buildings, and equipment | $15,874 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $5,097,746 |
Accounts payable and accrued expenses | $919,012 |
Grants payable | $0 |
Deferred revenue | $162,990 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $106,384 |
Total liabilities | $1,188,386 |
Net assets without donor restrictions | $3,909,360 |
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 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $5,097,746 |