HOUSE OF INSPIRATION INC

EIN: 582549706 501(c)(3) Mental Health

RIVERDALE, GA

Total Revenue
$301,536
Total Expenses
$399,290
Total Assets
$43,228
Net Assets
$-233,645
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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
2000
Legal Domicile
GA
Principal Officer
KEITH THOMPSON
Tax Period
2023-01-01 to 2023-12-31

HOUSE OF INSPIRATION INC, founded in 2000, is a small nonprofit in the Mental Health sector that reported $302K in total revenue in fiscal year 2023. Expenses of $399K exceeded revenue, resulting in a 32% operating deficit.

Mission

COUNSELING SERVICES AND ASSISTANCE FOR TROUBLED COUPLES. UNDER CONTRACT WITH THE STATE OF GEORGIA. GROUP HOME FOR TROUBLED YOUTH.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $301,536
Investment Income $0
Other Revenue $0
TOTAL REVENUE $301,536

Expense Breakdown

Grants Paid $0
Salaries & Benefits $131,356
Fundraising Expenses $0
Program Expenses $399,290
Other Expenses $267,934
TOTAL EXPENSES $399,290

Year-over-Year Comparison

2023 2022 Change
Revenue $301,536 $306,076 0.0%
Expenses $399,290 $416,721 0.0%
Net Income $-97,754 $-110,645 -0.1%
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
3
Independent Members
3
Employees
10
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
1
$0
Total Directors
0
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEITH THOMPSON CEO 60.00
Officer Key Emp
$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
2024 No data No data No data No data
2023 $301,536 $399,290 $43,228 $-97,754
2022 $306,076 $416,721 $66,727 $-110,645
2021 $275,683 $311,284 $65,093 $-35,601
2020 $412,212 $401,857 $45,905 $10,355
2019 $415,849 $433,100 $2,224 $-17,251
2018 $366,997 $356,638 $19,475 $10,359
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