INSPIRATIONAL WORKSHOPS

EIN: 824494610 501(c)(3) Education

SEATTLE, WA

Total Revenue
$426,192
Total Expenses
$518,196
Total Assets
$54,055
Net Assets
$156
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
WA
Principal Officer
THERESA CARTER-VINCENT
Phone
2062516095
Tax Period
2024-01-01 to 2024-12-31

INSPIRATIONAL WORKSHOPS, founded in 2018, is a small nonprofit in the Education sector that reported $426K in total revenue in fiscal year 2024. Revenue surged 44% from the prior year, signaling strong growth momentum. Expenses of $518K exceeded revenue, resulting in a 22% operating deficit.

Mission

WE COLLABORATE WITH YOUTH OF COLOR IN THEIR LEARNING AND DEVELOPMENT JOURNEY PROVIDING EXPERIENCES AND RESOURCES FOR CRITICAL THINKING, EXPLORING VOICE, DEEPENING BRILLIANCE, AND CONTRIBUTING TO THE HEALTH AND RENEWAL OF THEIR ENVIRONMENTS, COMMUNITIES, AND RESHAPING SYSTEMS.

Program Service Accomplishments

Program 1
Expenses: $102,462

SOWA EXPANDED LEARNING ENSURE MORE KING COUNTY YOUTH AGES 5- 13 WILL BE ENGAGED IN HIGH-QUALITY EXPANDED LEARNING OPPORTUNITIES. THE ORGANIZATION SERVE YOUTH AGES 5-13, MEET THE MINIMUM ATTENDANCE...

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SOWA EXPANDED LEARNING ENSURE MORE KING COUNTY YOUTH AGES 5- 13 WILL BE ENGAGED IN HIGH-QUALITY EXPANDED LEARNING OPPORTUNITIES. THE ORGANIZATION SERVE YOUTH AGES 5-13, MEET THE MINIMUM ATTENDANCE AND DOSAGE REQUIREMENTS, PARTICIPATE IN A MANDATORY YOUTH PROGRAM QUALITY INTERVENTION (YPQI) COHORT, AND FURNISH THE NECESSARY PERSONNEL AND SERVICES AND OTHERWISE DO ALL THINGS NECESSARY FOR ORINCIDENTAL TO ACCOMPLISHING THE ACTIVITIES DESCRIBED IN THE ORGANIZATION'S SCOPE OF WORK.

Program 2
Expenses: $83,681

DEEL PROVIDES CULTURALLY SPECIFIC AND RESPONSIVE PROGRAMMING FOR BLACK GIRLS, YOUNG WOMEN, AND BLACK LGBTQ YOUTH.

Program 3
Expenses: $217,896

ADDRESSING RACISM: KING COUNTY DECLARED RACISM AS A PUBLIC HEALTH CRISIS IN 2020, RECOGNIZING THAT GOVERNMENTS NEED TO ACKNOWLEDGE AND RESPOND BY UNDOING THE CENTURIES OF HARMS OF SYSTEMIC RACISM IN...

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ADDRESSING RACISM: KING COUNTY DECLARED RACISM AS A PUBLIC HEALTH CRISIS IN 2020, RECOGNIZING THAT GOVERNMENTS NEED TO ACKNOWLEDGE AND RESPOND BY UNDOING THE CENTURIES OF HARMS OF SYSTEMIC RACISM IN OUR SOCIETY AND EQUITABLY INVEST IN DISMANTLING RACISM AND PROTECTING THE HEALTH AND WELL-BEING OF BLACK, INDIGENOUS AND PEOPLE OF COLOR SO THAT ALL COMMUNITIES THRIVE. ENVISIONED JOINTLY BY COMMUNITY MEMBERS AND KING COUNTY IN AUGUST 2021 AND LAUNCHED IN MARCH 2022, THE GATHERING COLLABORATIVE IS A GROUP OF TRUSTED COMMUNITY MEMBERS WHO ARE INVOLVED TO UPLIFT BLACK AND INDIGENOUS PEOPLE AND THEIR COMMUNITIES THOSE WHO ARE MOST DIRECTLY HARMED BY RACISM. THE MEMBERS LARGELY REFLECT THESE COMMUNITIES AND HAVE LIVED EXPERIENCE IN THESE COMMUNITIES THAT THEY SERVE. ONE OF THE MAIN GOALS OF THE GATHERING COLLABORATIVE IS TO EQUITABLY DISTRIBUTE $25 MILLION IN INVESTMENTS TO COMMUNITY SERVICE PROVIDERS NON-PROFIT ORGANIZATIONS, GRASSROOT ORGANIZATIONS WITH FISCAL SPONSORS, AND SMALL BUSINESSES TO SUPPORT THEIR GROWTH AND ENTREPRENEURSHIP IN REPAIRING THE DEEP HARMS OF RACISM WORSENED BY THE COVID-19 PANDEMIC, AND BRING HEALING, SOCIAL AND EMOTIONAL STABILITY, WELL-BEING, AND RESTORATION FOR BLACK AND INDIGENOUS PEOPLE AND THEIR COMMUNITIES SO THAT ALL PEOPLE OF COLOR AND ALL COMMUNITIES ACROSS KING COUNTY THRIVE.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $414,969
Program Service Revenue $11,000
Investment Income $71
Other Revenue $152
TOTAL REVENUE $426,192

Expense Breakdown

Grants Paid $0
Salaries & Benefits $317,313
Fundraising Expenses $800
Program Expenses $501,322
Other Expenses $200,883
TOTAL EXPENSES $518,196

Year-over-Year Comparison

2024 2023 Change
Revenue $426,192 $296,025 +0.4%
Expenses $518,196 $287,951 +0.8%
Net Income $-92,004 $8,074 -12.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
4
Employees
6
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
2
$112,660
Total Directors
4
$112,660
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MELVIN PARKER PRESIDENT 3.00
Officer Director
$0 $0 $0
LABRIA ALLEN BOARD MEMBER 3.00
Director
$0 $0 $0
THERESA CARTER-VINCENT FOUNDER & CEO 40.00
Officer Director
$112,660 $0 $112,660
KEVIN BAKER BOARD MEMBER 3.00
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
2024 $426,192 $518,196 $54,055 $-92,004
2023 $296,025 $287,951 $83,370 $8,074
2022 $412,291 $345,383 $75,296 $66,908
2021 $502,355 $488,016 $169,324 $14,339
2020 $339,721 $352,056 $178,097 $-12,335
2019 $271,429 $263,739 $38,780 $7,690
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