INSPIRE ACADEMICS INC (EIN 202193239) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

BECKY VALENTINE

Phone

2084333090

Tax Period

2023-07-01 to 2024-06-30

INSPIRE ACADEMICS INC, founded in 2004, is a mid-sized nonprofit in the Education sector that reported $13.3M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $12.4M left a modest 7% surplus.

Mission

INSPIRE ACADEMICS, INC IS A PUBLIC CHARTER SCHOOL ORGANIZED UNDER THE LAWS OF THE STATE OF IDAHO.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $13,199,535

Program Service Revenue $0

Investment Income $76,019

Other Revenue $0

TOTAL REVENUE $13,275,554

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,400,333

Fundraising Expenses $0

Program Expenses $8,254,749

Other Expenses $7,004,228

TOTAL EXPENSES $12,404,561

Year-over-Year Comparison

	2023	2022	Change
Revenue	$13,275,554	$11,110,342	+0.2%
Expenses	$12,404,561	$10,995,473	+0.1%
Net Income	$870,993	$114,869	+6.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANE WHITE	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL STRICKLAND	BOARD MEMBER	1.00	Director	$0	$0	$0
BECKY VALENTINE	President	1.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$13,275,554	$12,404,561	$5,190,439	$870,993
2023	$11,110,342	$10,995,473	$4,769,856	$114,869
2022	$10,570,236	$10,150,592	$3,259,112	$419,644
2021	$11,985,809	$11,985,408	$4,544,145	$401
2020	$7,111,190	$7,104,412	$2,127,843	$6,778
2019	$6,528,564	$6,527,640	$1,903,360	$924

INSPIRE ACADEMICS INC