INSPIRE TOGETHER (EIN 832173664) - 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

2021

Legal Domicile

Principal Officer

JASMOND NELSON

Phone

7609050307

Tax Period

2023-01-01 to 2023-12-31

INSPIRE TOGETHER, founded in 2021, is a small nonprofit in the Human Services sector that reported $476K in total revenue in fiscal year 2023. Revenue surged 41% from the prior year, signaling strong growth momentum. Expenses of $416K left a modest 12% surplus.

Mission

Inspire Together is devoted to serving under privileged populations and communities with essential needs and supportive services. Inspire Together goals is to improve the life of youth and families who have suffered from trauma or a lack of resources through providing essential resources, prevention and education and supportive services.

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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 $475,517

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $475,517

Expense Breakdown

Grants Paid $0

Salaries & Benefits $281,394

Fundraising Expenses $0

Program Expenses $416,480

Other Expenses $135,086

TOTAL EXPENSES $416,480

Year-over-Year Comparison

	2023	2022	Change
Revenue	$475,517	$337,534	+0.4%
Expenses	$416,480	$156,799	+1.7%
Net Income	$59,037	$180,735	-0.7%

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

N/A

Employees

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

$97,115

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JASMOND NELSON	CEO	40.00	Officer	$97,115	$0	$97,115
VICTOR JAMES	Treasurer	1.00	Director	$0	$0	$0
JACKIE WINSTON	Secretary	1.00	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	No data	No data	No data	No data
2023	$475,517	$416,480	$239,772	$59,037
2022	$337,534	$156,799	$180,735	$180,735

INSPIRE TOGETHER