Inspiration Golf Inc

EIN: 821905673 501(c)(3)

Durham, NC

Total Revenue
$2,787
Total Expenses
$11,016
Total Assets
$26,252
Net Assets
$22,802
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
NC
Principal Officer
Thomas Stuart
Phone
9196374688
Tax Period
2023-01-01 to 2023-12-31

Inspiration Golf Inc, founded in 2017, is a micro nonprofit that reported $3K in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $11K exceeded revenue, resulting in a 295% operating deficit.

Mission

We seek to improve the quality of life for those with disabilities by promoting health, wellness, personal independence, social skills, return to daily life activities and community through our adaptive golf programs.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,117
Program Service Revenue $1,670
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,787

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,290
Other Expenses $11,016
TOTAL EXPENSES $11,016

Year-over-Year Comparison

2023 2022 Change
Revenue $2,787 $2,124 +0.3%
Expenses $11,016 $10,758 +0.0%
Net Income $-8,229 $-8,634 0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
25

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
3
$0
Total Directors
6
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Randy Agapito Executive Director 003.00
Officer Director Key Emp
$0 $0 $0
Thomas Stuart Treasurer 003.00
Officer Director
$0 $0 $0
Paul Fulford Board Member 002.00
Director
$0 $0 $0
Anthony Thompson Board Member 001.00
Director
$0 $0 $0
Hugh Parks Board Member 001.00
Director
$0 $0 $0
Steven McRae Board Member 001.00
Director
$0 $0 $0
Sue Fulford Secretary 001.00
Officer
$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 $2,787 $11,016 $26,252 $-8,229
2022 $2,124 $10,758 $33,506 $-8,634
2021 $11,661 $11,282 $43,600 $379
2020 $9,165 $11,444 $42,349 $-2,279
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Inspiration Golf Inc with other nonprofits in North Carolina and across the country.