Inspired Nation Inc (EIN 821044066) - 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

2017

Legal Domicile

Principal Officer

Kara DioGuardi

Phone

9178269928

Tax Period

2023-01-01 to 2023-12-31

Inspired Nation Inc, founded in 2017, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $60K in total revenue in fiscal year 2023. The organization ran a surplus of $25K, a strong 41% operating margin.

Mission

Inspired Nation is an organization that aims to build a bridge between the talent and dreams of our youth and their hope for a better, more inspired world.

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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 $5,000

Program Service Revenue $0

Investment Income $54,617

Other Revenue $147

TOTAL REVENUE $59,764

Expense Breakdown

Grants Paid $20,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $23,027

Other Expenses $14,991

TOTAL EXPENSES $34,991

Year-over-Year Comparison

	2023	2022	Change
Revenue	$59,764	$59,526	+0.0%
Expenses	$34,991	$20,194	+0.7%
Net Income	$24,773	$39,332	-0.4%

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

N/A

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
Kara DioGuardi	President	010.00	Officer Director	$0	$0	$0
Michael Galvin	Treasurer	001.00	Officer Director	$0	$0	$0
Sara Simonds	Secretary	001.00	Officer Director	$0	$0	$0
Jeff Cohen	Director	001.00	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
2023	$59,764	$34,991	$87,209	$24,773
2022	$59,526	$20,194	$61,133	$39,332
2021	$69,809	$90,991	$21,656	$-21,182
2020	$42,560	$57,661	$41,890	$-15,101
2019	$426,029	$413,290	$57,981	$12,739
2018	$484,210	$486,780	$46,501	$-2,570

Inspired Nation Inc