INSPIRE EARLY LEARNING CENTERS (EIN 453726266) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2011

Legal Domicile

Principal Officer

PATRICK GROSS

Phone

5413301347

Tax Period

2023-01-01 to 2023-12-31

INSPIRE EARLY LEARNING CENTERS, founded in 2011, is a small nonprofit that reported $872K in total revenue in fiscal year 2023. Revenue fell 55% from the prior year — a significant decline worth monitoring. Expenses of $1.0M exceeded revenue, resulting in a 16% operating deficit.

Mission

CHILDCARE/DAYCARE PRESCHOOL CENTER

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Trantor Score

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

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $34,769

Program Service Revenue $846,156

Investment Income $-8,717

Other Revenue $0

TOTAL REVENUE $872,208

Expense Breakdown

Grants Paid $0

Salaries & Benefits $752,743

Fundraising Expenses $26

Program Expenses $914,268

Other Expenses $258,573

TOTAL EXPENSES $1,011,316

Year-over-Year Comparison

	2023	2022	Change
Revenue	$872,208	$1,924,186	-0.5%
Expenses	$1,011,316	$1,624,650	-0.4%
Net Income	$-139,108	$299,536	-1.5%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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
COLLEEN BROSMAN	PRESIDENT	N/A	Officer Director	$0	$0	$0
STEPHANIE BYRNE	DIRECTOR	N/A	Officer Director	$0	$0	$0
PATRICK GROSS	TREASURER	N/A	Officer Director	$0	$0	$0
DANIELLE MURPHY	SECRETARY	N/A	Officer Director	$0	$0	$0
LAUREN NOBLE	VICE PRESIDE	N/A	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
2023	$872,208	$1,011,316	No data	$-139,108
2022	$1,924,186	$1,624,650	$138,216	$299,536
2021	$1,698,532	$1,670,697	$118,553	$27,835
2020	$1,258,326	$1,611,295	$89,783	$-352,969
2019	$2,102,453	$2,060,401	$163,661	$42,052

INSPIRE EARLY LEARNING CENTERS