Inspire Experiences Corporation

EIN: 842577542 501(c)(3) Religion

Bethany, OK

Total Revenue
$1,037,100
Total Expenses
$892,618
Total Assets
$253,221
Net Assets
$244,534
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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
OK
Principal Officer
Michael McAfee
Phone
4054350193
Tax Period
2022-01-01 to 2022-12-31

Inspire Experiences Corporation, founded in 2019, is a community nonprofit in the Religion sector that reported $1.0M in total revenue in fiscal year 2022. Revenue surged 206% from the prior year, signaling strong growth momentum. Expenses of $893K left a modest 14% surplus.

Mission

The Organization is a cooperative undertaking by churches with shared doctrinal beliefs to lead people to become fully devoted followers of Christ by inspiring Christ-centered Bible exploration and experiences.

Program Service Accomplishments

Program 1
Expenses: $588,521 Revenue: $104,857

The Organization seeks to lead people to become fully devoted followers of Christ by inspiring Christ-centered Bible exploration and experiences. The Organization partners with pastors and church...

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The Organization seeks to lead people to become fully devoted followers of Christ by inspiring Christ-centered Bible exploration and experiences. The Organization partners with pastors and church leaders to craft memorable and meaningful three to seven day discipleship trips called "Church Experiences." The Church Experience includes a visit to the Museum of the Bible, monuments, and other historical sites and are designed for churches, small groups, and church networks. In addition the Organization periodically conducts "Student Experiences" which provide the opportunity for students to receive religious educational teaching on various topics while being immersed in the history of Washington, D.C. The Student Experiences includes lectures, visits to the Museum of the Bible, monuments, and other historical sites led by the Association's personnel. The Organization also conducts "Leader Experiences" which are intended for businesses, communities, and ministry leaders who want to explore Biblical truths together. While the experiences are the heart of the Organization's activities, the Organization also collaborates with other church networks, Christian ministries, and churches to organize and facilitate large group gatherings.

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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 (2022)

Revenue Breakdown

Contributions & Grants $932,243
Program Service Revenue $104,857
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,037,100

Expense Breakdown

Grants Paid $250,000
Salaries & Benefits $296,339
Fundraising Expenses $114,487
Program Expenses $588,521
Other Expenses $346,279
TOTAL EXPENSES $892,618

Year-over-Year Comparison

2022 2021 Change
Revenue $1,037,100 $339,337 +2.1%
Expenses $892,618 $324,916 +1.7%
Net Income $144,482 $14,421 +9.0%
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
6
Independent Members
3
Employees
7
Volunteers
10

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
4
$141,810
Total Directors
6
$141,810
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael McAfee Director, President 32.00
Officer Director
$75,777 $0 $75,777
Thomas Yates Director, Chair, Treasurer 40.00
Officer Director
$15,264 $0 $15,264
Chris Wall Director, Vice Chair 1.00
Officer Director
$0 $0 $0
Dale Brantner Director, Secretary 40.00
Officer Director
$50,769 $0 $50,769
Rashwan Copeland Director 1.00
Director
$0 $0 $0
Ruth Maholtra Director 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
2022 $1,037,100 $892,618 $253,221 $144,482
2021 $339,337 $324,916 $100,052 $14,421
2020 $319,709 $290,722 $85,631 $28,987
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