Inspiration Connection Ministries

EIN: 462876397 501(c)(3) Religion

Charlotte, NC

Total Revenue
$25,847
Total Expenses
$61,474
Total Assets
$1,788,741
Net Assets
$1,788,741
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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
2014
Legal Domicile
NC
Principal Officer
Marie Gladden
Phone
7042487660
Tax Period
2018-01-01 to 2018-12-31

Inspiration Connection Ministries, founded in 2014, is a micro nonprofit in the Religion sector that reported $26K in total revenue in fiscal year 2018. Revenue fell 96% from the prior year — a significant decline worth monitoring. Expenses of $61K exceeded revenue, resulting in a 138% operating deficit.

Mission

Teach, disciple, and inspire people to connect to the life of Christ by empowering their faith.

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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%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $1,000
Program Service Revenue $0
Investment Income $24,847
Other Revenue $0
TOTAL REVENUE $25,847

Expense Breakdown

Grants Paid $38,530
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $41,693
Other Expenses $22,944
TOTAL EXPENSES $61,474

Year-over-Year Comparison

2018 2017 Change
Revenue $25,847 $596,092 -1.0%
Expenses $61,474 $226,661 -0.7%
Net Income $-35,627 $369,431 -1.1%
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

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
5

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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dr Marie Gladden Presdent/CEO 30.00
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
2018 $25,847 $61,474 $1,788,741 $-35,627
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