Lynn Brown Inspires
- Assets
- $9.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Irmo, SC
- Founding
- 06/2019
- Data as of
- 12/2022
- EIN
- 83-2907407
Organization Overview
Lynn Brown Inspires is located in Irmo, SC. The organization was established in 2019. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lynn Brown Inspires 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, Lynn Brown Inspires generated $37.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 33.4% each year . All expenses for the organization totaled $42.3k during the year ending 12/2022. While expenses have increased by 36.8% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
INSPIRE YOUNG PEOPLE IN GRADES 5-12 AND AGES 18-25 TO OWN AND CREATE THEIR OWN BUSINESSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Norma Brown CEO | 30 | $0 | |
Tyron Lyn CFO | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,395 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $37,395 |
| 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 | $2,907 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $656 |
| Other expenses | $23,379 |
| Total expenses | $42,274 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,561 |
| Other assets | $0 |
| Total assets | $9,561 |
| Total liabilities | $15,076 |
| Net assets or fund balances | -$5,515 |