Inspiration Outreach Foundation
- Assets
- $37.9k
- Revenue
- $174.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Palatine, IL
- Founding
- 07/2019
- Data as of
- 12/2021
- EIN
- 83-3646130
Organization Overview
Inspiration Outreach Foundation is located in Palatine, IL. The organization was established in 2019. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, 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. Inspiration Outreach 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 12/2021, Inspiration Outreach Foundation generated $174.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (22.1%) each year. All expenses for the organization totaled $209.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION IS AN ORGANIZATION THAT OPERATES MEDICAL MOBILE UNITS WITH THE INTENTION OF HELPING THOSE PEOPLE AFFECTED BY DRUG OR ALCOHOL USE. PROGRAM: OPERATION OF MEDICAL MOBILE UNITS PURPOSE OF PROGRAM: TO PROVIDE DIRECT ASSISTANCE TO THOSE AFFECTED BY DRUG OR ALCOHOL USE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacy L Harding President | 40 | $75,000 | |
Marilyn A Elhert Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $174,000 |
| Interest on Savings | $11 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $115 |
| Total Revenue | $174,126 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $75,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $5,343 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $5,977 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $4,487 |
| Printing and publications | $0 |
| Other expenses | $7,404 |
| Total operating and administrative expenses | $107,661 |
| Contributions, gifts, grants paid | $101,805 |
| Total expenses and disbursements | $209,466 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,477 |
| Savings and temporary cash investments | $4,578 |
| 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 | $0 |
| Net Land, buildings, and equipment | $13,888 |
| Other assets | $0 |
| Total assets | $37,943 |
| 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 | $617 |
| Total liabilities | $617 |
Grants Awarded
Over the last fiscal year, Inspiration Outreach Foundation has awarded $101,805 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Arlington Heights, IL PURPOSE: TO SUPPORT INDIVIDUALS WITH SUBSTANCE USE DISORDER. | $78,584 |
King Of Prussia, PA PURPOSE: TO SUPPORT INDIVIDUALS WITH SUBSTANCE USE DISORDER. | $22,500 |
Taylorsville, UT PURPOSE: TO SUPPORT COMMUNITY OUTREACH. | $721 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lesea Global Feed The Hungry Inc South Bend, IN | $8,955,303 | $44,845,049 |
Terra Foundation For American Art Chicago, IL | $631,506,305 | $28,063,083 |
Johnny Morris Foundation Springfield, MO | $120,561,207 | $600,000 |
Roderick And Solange Macarthur Justice Center Niles, IL | $137,820,704 | $9,175,098 |
John C Proctor Endowment Peoria, IL | $3,704,865 | $6,462,862 |
Collective Impact Network Saint Louis, MO | $21,375,860 | $4,592,347 |
Land Conservation Trust Of Southern Illinois Chicago, IL | $0 | $8,667,779 |
World Food Prize Foundation Urbandale, IA | $73,712,928 | $6,192,203 |
Center To Combat Human Trafficking Decatur, IL | $69,172,505 | $43,496,794 |
Chipstone Foundation Milwaukee, WI | $75,856,336 | $12,810,541 |
Fmc Aquatic Opportunities Chicago, IL | $22,984,375 | $1,955,015 |
Johnson Foundation Inc Racine, WI | $58,249,744 | $4,338,703 |