Inspired Foundation Inc is located in Zeeland, MI. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Inspired Foundation Inc 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, Inspired Foundation Inc generated $183.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $204.1k during the year ending 12/2022. 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
THE PURPOSE OR PURPOSES FOR WHICH THE CORPORATION IS ORGANIZED IS TO BE A COMMUNITYDEVELOPMENT ORGANIZATION SERVING OUR LOCAL AND GLOBAL COMMUNITY BY ENGAGING IN A BROAD RANGE OF STRATEGIES THAT PROMOTE EDUCATION, HEALTH, AND DEVELOPMENT AND TO ALSO ENGAGE IN ACTIVITIES WHICH ARE NECESSARY, SUITABLE OR CONVENIENT FOR THE ACCOMPLISHMENT OF THAT PURPOSE, OR WHICH ARE INCIDENTAL THERETO OR CONNECTED THEREWITH WHICH ARE CONSISTENT WITH SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THIS CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3), INTERNAL REVENUE CODE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Keith Stewart Treasurer | 0 | $0 | |
Jenny Grill Secretary | 0 | $0 | |
Adam Grill President | 0 | $0 | |
Derek Carpenter Director | 0 | $0 | |
David Olson Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $182,994 |
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 | $182,994 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $204,084 |
Total expenses | $204,084 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $103,445 |
Other assets | $0 |
Total assets | $103,445 |
Total liabilities | $0 |
Net assets or fund balances | $103,445 |
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