Insight Network
- Assets
- $1.6k
- Revenue
- $10.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Alexandria, VA
- Founding
- Data as of
- 12/2022
- EIN
- 86-1950504
Organization Overview
Insight Network is located in Alexandria, VA. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Insight Network 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, Insight Network generated $10.2k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 70.8% each year .
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
INI DONATED FUNDS TO SUPPORT INDIVIDUALS AND ORGANIZATIONS ESPECIALLY IN DISADVANTAGED COMMUNITIES TO IMPROVE LIFE CHANCES. WE AIM TO SUPPORT THOSE EFFORTS BY PROVIDING FINANCIAL AID AND RELEVANT INFORMATION TO FUND AND GUIDE THEIR EFFORTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chantrell Mccormick Associated Director | 2 | $0 | |
Tracie Ferrell Executive Director | 4 | $0 | |
Gregory Reaves Secretary | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,211 |
| Interest on Savings | $0 |
| 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 | $0 |
| Total Revenue | $10,211 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $450 |
| Printing and publications | $0 |
| Other expenses | $4,473 |
| Total operating and administrative expenses | $4,923 |
| Contributions, gifts, grants paid | $3,598 |
| Total expenses and disbursements | $8,521 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,592 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $1,592 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Insight Network has awarded $3,598 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
MEYANI MOORE PURPOSE: GIFT TO RECOGNIZE EDUCATIONAL ACCOMPLISHMENT | $700 |
RIVER PARISH YOUTH FOOTBALL TEAM PURPOSE: SUPPORT TO BUY EQUIPMENT AND SUPPORT OPERATIONS | $500 |
WEST ST JOHN ELEMENTARY SCHOOL PURPOSE: SUPPORT TO SCHOOL PROGRAM | $470 |
KLYNN BANKS PURPOSE: ASSISTANCE FOR EDUCATIONAL NEEDS | $300 |
CAMP RADIANCE PURPOSE: SCHOLARSHIP FOR ATTENDEE | $275 |
XAVIER UNIVERSITY PURPOSE: SCHOLARSHIP FUND CONTRIBUTION | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Building Hope Finance Washington, DC | $123,995,340 | $7,003,194 |
Nc State Engineering Foundation Inc Raleigh, NC | $172,988,383 | $18,412,442 |
Dc Public Education Fund Washington, DC | $19,324,284 | $7,024,090 |
St Christophers School Foundation Richmond, VA | $94,106,126 | $9,680,251 |
National Automatic Sprinkler 669 Va Education Fund Columbia, MD | $15,668,623 | $8,120,660 |
United States Japan Foundation Owings Mills, MD | $106,169,200 | $4,759,214 |
Lowes Foundation Mooresville, NC | $8,794,184 | $2,155,365 |
Knox Education Foundation Knoxville, TN | $6,393,317 | $5,852,579 |
St Stephen S And St Agnes School Foundation Alexandria, VA | $47,445,810 | $11,356,184 |
St Georges Independent Schools Foundation Collierville, TN | $31,055,433 | $2,932,779 |
Charles B Keesee Educational Fund Incorporated Martinsville, VA | $78,271,755 | $5,985,709 |
James Barry Robinson Home For Boys Trust Norfolk, VA | $49,691,285 | $5,553,084 |