The Inspirational Network Inc (EIN 570931093) - 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

1992

Legal Domicile

Principal Officer

C David Cerullo

Phone

8035781000

Tax Period

2023-01-01 to 2023-12-31

The Inspirational Network Inc, founded in 1992, is a mid-sized nonprofit in the Religion sector that reported $43.3M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $11.1M, a strong 26% operating margin.

Mission

Impacting people for Christ worldwide through media.

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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 $20,715,432

Program Service Revenue $4,049,468

Investment Income $14,753,714

Other Revenue $3,786,977

TOTAL REVENUE $43,305,591

Expense Breakdown

Grants Paid $86,057

Salaries & Benefits $10,033,061

Fundraising Expenses $2,557,417

Program Expenses $20,805,272

Other Expenses $22,131,772

TOTAL EXPENSES $32,250,890

Year-over-Year Comparison

	2023	2022	Change
Revenue	$43,305,591	$39,559,542	+0.1%
Expenses	$32,250,890	$35,863,992	-0.1%
Net Income	$11,054,701	$3,695,550	+2.0%

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

110

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

$12,066,944

Total Directors

$6,431,152

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Charles David Cerullo	Director / President & CEO	5.00	Officer Director	$127,488	$34,856	$5,425,948
Barbara Cerullo	Dir/EVP Organizational Development	5.00	Officer Director	$0	$34,856	$443,896
Benjamin Cerullo	Dir/EVP Ministry Outreach/COO Crossr	50.00	Officer Director	$393,434	$47,874	$441,308
Albert Denson	Director	2.00	Director	$20,000	$0	$20,000
Doug Preudhomme	Director	2.00	Director	$20,000	$0	$20,000
Raichelle Glover	Director	2.00	Director	$20,000	$0	$20,000
Ramon Ardizzone	Director	2.00	Director	$20,000	$0	$20,000
Rebekah Henderson	Director	2.00	Director	$20,000	$0	$20,000
Rick Ray	Director	2.00	Director	$20,000	$0	$20,000
Dale S Ardizzone Esq	General Counsel & Corp Secretary	5.00	Officer	$0	$60,374	$2,362,151
Robert I Brace	CFO & Corp Treasurer	5.00	Officer	$0	$54,529	$734,018
David Robertson	COO, Ministry Outreach & Operations	50.00	Officer	$396,487	$56,576	$453,063
Mark A Kramer	EVP Media Ops & Technology Services	5.00	Officer	$0	$41,685	$424,702
John Erick Roos	EVP Corp Communications & Research	5.00	Officer	$0	$51,965	$397,611
Gregory Richardson Esq	SVP Legal & Business Affairs	5.00	Officer	$0	$55,031	$384,432
Rebecca Zambrana	VP Human Resources	5.00	Officer	$0	$46,016	$271,686
Robert Dickson	VP Partner Relations	50.00	Officer	$165,576	$41,309	$206,885
Michael Black	VP Digital Initiatives & Marketing	50.00	Officer	$167,581	$11,432	$179,013
Lisa Jo Mouradian	VP Inspiration TV & Inspiration TV on Demand	50.00	Officer	$124,016	$53,708	$177,724
Melissa Thorton	VP Corporate Communications	5.00	Officer	$0	$21,518	$164,507
Angela York	Director of Facilities	50.00	Highest	$140,951	$12,902	$153,853
William Baysinger	Sr Director, Media Planning & Syndication	50.00	Highest	$131,064	$21,064	$152,128
Mark Queen	Sr Director Ministry Media	50.00	Highest	$129,407	$22,046	$151,453
Beatrice Harris	Producer III	50.00	Highest	$129,567	$19,107	$148,674
Ruben Landa	Producer III	50.00	Highest	$124,681	$7,258	$131,939

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
2024	No data	No data	No data	No data
2023	$43,305,591	$32,250,890	$327,429,277	$11,054,701
2022	$39,559,542	$35,863,992	$308,206,307	$3,695,550
2021	$43,425,895	$34,706,581	$298,371,804	$8,719,314
2020	$32,758,688	$34,634,103	$270,492,934	$-1,875,415
2019	$41,041,945	$38,991,742	$198,649,103	$2,050,203
2018	$31,653,274	$37,230,775	$138,014,778	$-5,577,501

The Inspirational Network Inc