Inspire Education Foundation
- Assets
- $3.5m
- Revenue
- $427.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Duarte, CA
- Founding
- 02/2018
- Data as of
- 06/2019
- EIN
- 82-1864832
Organization Overview
Inspire Education Foundation is located in Duarte, CA. The organization was established in 2018. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Inspire Education Foundation 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 06/2019, Inspire Education Foundation generated $427.9k in total revenue. All expenses for the organization totaled $1.3m during the year ending 06/2019. While expenses have increased by 272.3% per year over the past 3 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR TEACHERS THAT WORK AT INSPIRE CHARTER SCHOOL AFFILIATED PUBLIC CHARTER SCHOOLS. CAREER AND TECHNICAL EDUCATION APPLICANT UNDERSTANDS THAT NOT ALL LEARNING TAKES PLACE IN THE CLASSROOM . TO ENHANCE THE EDUCATIONAL OPPORTUNITIES OF INSPIRE CHARTER SCHOOL AFFILIATED CHARTER SCHOOL STUDENTS, CAREER AND TECHNICAL EDUCATION: APPLICANT WILL WORK WITH BUSINESSES TO DEVELOP CAREER AND TECHNICAL EDUCATION PROGRAMS FOR CHARTER SCHOOL STUDENTS TO RECEIVE HANDS-ON EDUCATIONAL OPPORTUNITIES. THE PROGRAMS MAY PROVIDE STUDENTS THE OPPORTUNITY TO EARN PROFESSIONAL OR TECHNICAL CERTIFICATES, WHICH WILL ENHANCE THEIR JOB OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE A CURRICULUM MODEL THAT EMPHASIZES MEETING INDIVIDUAL STUDENTS' NEEDS FOR MEETING THE CALIFORNIA COMMON CORE STATE STANDARDS FOR THEIR GRADE LEVEL
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Betsi Hambly Treasurer | Officer | 2 | $0 |
Dean Mathes Secretary | Officer | 2 | $0 |
Antony Califano President | Officer | 2 | $0 |
Janis Wong Executive Dir. | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $427,865 |
| Investment income | $0 |
| 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 | $427,865 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $84,018 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,729 |
| Payroll taxes | $6,427 |
| Fees for services: Management | $59,502 |
| Fees for services: Legal | $6,000 |
| Fees for services: Accounting | $500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $108,852 |
| Advertising and promotion | $31,284 |
| Office expenses | $17,626 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $54,475 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $32,656 |
| Insurance | $7,588 |
| All other expenses | $0 |
| Total functional expenses | $1,325,132 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,074,314 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $293,582 |
| Total assets | $3,480,686 |
| Accounts payable and accrued expenses | $46,957 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $4,352,401 |
| Total liabilities | $4,399,358 |
| Net assets without donor restrictions | -$918,672 |
| 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 |
| Total liabilities and net assets/fund balances | -$918,672 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Live Oak A Learning Center For Children San Francisco, CA | $40,489,721 | $19,594,406 |
Biocomx Dana Point, CA | $308,692 | $15,969,949 |
Open Up Resources Menlo Park, CA | $29,661,554 | $16,279,319 |
Teach-Org Inc San Francisco, CA | $5,801,007 | $13,162,873 |
The Reason Foundation Los Angeles, CA | $15,187,245 | $16,170,727 |
San Francisco Study Center Inc San Francisco, CA | $5,230,719 | $12,852,895 |
Hoffman Institute Foundation San Rafael, CA | $2,301,194 | $11,907,757 |
Legacy Traditional School Maricopa Chandler, AZ | $18,281,409 | $11,917,984 |
Cambiar Education San Diego, CA | $11,761,927 | $15,993,046 |
Associated Students Of California State University Chico Chico, CA | $29,452,040 | $13,695,718 |
Todays Fresh Start Los Angeles, CA | $38,805,224 | $12,503,064 |
Agape Fresno, CA | $5,383,451 | $10,431,263 |