INSPIRING LIFE

EIN: 832999881 501(c)(3)

CINCINNATI, OH

Total Revenue
$949,000
Total Expenses
$923,069
Total Assets
$295,840
Net Assets
$295,840
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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
OH
Principal Officer
Sharhonda Johnson
Phone
5133284418
Tax Period
2023-01-01 to 2023-12-31

INSPIRING LIFE, founded in 2021, is a small nonprofit that reported $949K in total revenue in fiscal year 2023. Revenue surged 58% from the prior year, signaling strong growth momentum.

Mission

PROVIDING GROUP HOMES FOR AT RISK YOUTH.

Program Service Accomplishments

Program 1
Expenses: $923,069 Revenue: $949,000

PROVIDED GROUP HOME SERVICES TO YOUTH 13-18. THE NUMBER OF BED DAYS FOR THE GROUP HOME WERE OVER 500 FOR YEAR. ASSISTED THE YOUTH IN EDUCATION AND PERSONAL SKILLS DEVELOPMENT. EXTENDED TO THE YOUTH...

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PROVIDED GROUP HOME SERVICES TO YOUTH 13-18. THE NUMBER OF BED DAYS FOR THE GROUP HOME WERE OVER 500 FOR YEAR. ASSISTED THE YOUTH IN EDUCATION AND PERSONAL SKILLS DEVELOPMENT. EXTENDED TO THE YOUTH ACTIVITIES IN A SIDE OF THE HOME TO ALLOW THEM TO BE REINTEGRATED WITHIN THE COMMUNITY AT-LARGE.

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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 $949,000
Investment Income $0
Other Revenue $0
TOTAL REVENUE $949,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $618,540
Fundraising Expenses $0
Program Expenses $923,069
Other Expenses $304,529
TOTAL EXPENSES $923,069

Year-over-Year Comparison

2023 2022 Change
Revenue $949,000 $602,126 +0.6%
Expenses $923,069 $442,570 +1.1%
Net Income $25,931 $159,556 -0.8%
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
5
Independent Members
5
Employees
15
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
$65,000
Total Directors
1
$65,000
Key Employees
1
$65,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHARHONDA JOHNSON PRESIDENT 40
Officer Director Key Emp Highest
$65,000 $0 $65,000
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 $949,000 $923,069 $295,840 $25,931
2022 $602,126 $442,570 $224,019 $159,556
2021 $196,357 $150,969 $50,764 $45,388
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