INSPIREDU INC

EIN: 843606525 501(c)(3) Education

ATLANTA, GA

Total Revenue
$2,415,436
Total Expenses
$2,488,174
Total Assets
$3,146,689
Net Assets
$2,519,739
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
GA
Principal Officer
RICHARD HICKS
Phone
8336151085
Tax Period
2024-01-01 to 2024-12-31

INSPIREDU INC, founded in 2019, is a community nonprofit in the Education sector that reported $2.4M in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year.

Mission

InspirEdus mission is to help underserved youth develop the skills needed for education and career success through technology-based learning tools and engagement activities with their families, communities, and schools.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,216,560
Program Service Revenue $28,554
Investment Income $11,201
Other Revenue $159,121
TOTAL REVENUE $2,415,436

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,080,404
Fundraising Expenses $196,951
Program Expenses $1,667,406
Other Expenses $1,407,770
TOTAL EXPENSES $2,488,174

Year-over-Year Comparison

2024 2023 Change
Revenue $2,415,436 $2,852,237 -0.2%
Expenses $2,488,174 $1,653,898 +0.5%
Net Income $-72,738 $1,198,339 -1.1%
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
25
Independent Members
25
Employees
24
Volunteers
40

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
$135,000
Total Directors
24
$0
Key Employees
1
$135,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD HICKS CEO 40.00
Officer Key Emp Highest
$135,000 $0 $135,000
RUTH DAVIS BOARD CHAIR 5.00
Officer Director
$0 $0 $0
SUSAN KARAMER BOARD VICE CHAIR 5.00
Officer Director
$0 $0 $0
NIKHIL NARVEKAR TREASURER 5.00
Officer Director
$0 $0 $0
EDWINA BLANCHARD DIRECTOR 2.00
Director
$0 $0 $0
ROGER FUGETT DIRECTOR 2.00
Director
$0 $0 $0
RENEE PEARSON DIRECTOR 2.00
Director
$0 $0 $0
GRANT SHIH DIRECTOR 2.00
Director
$0 $0 $0
KELLY SOLOMON DIRECTOR 2.00
Director
$0 $0 $0
RYAN ESPARZA DIRECTOR 2.00
Director
$0 $0 $0
RYAN APPLEGATE DIRECTOR 2.00
Director
$0 $0 $0
NATHALIE CHARLOT DIRECTOR 2.00
Director
$0 $0 $0
DEROLD MCIVER DIRECTOR 2.00
Director
$0 $0 $0
LARISA JOINER DIRECTOR 2.00
Director
$0 $0 $0
CRAIG HYDE DIRECTOR 2.00
Director
$0 $0 $0
DAMIAN APONE DIRECTOR 2.00
Director
$0 $0 $0
DURGESH DAS DIRECTOR 2.00
Director
$0 $0 $0
ERIKA MOORE DIRECTOR 2.00
Director
$0 $0 $0
WILL WESLEY DIRECTOR 2.00
Director
$0 $0 $0
JUSTIN LALIBERTE DIRECTOR 2.00
Director
$0 $0 $0
MICHELE NOLL DIRECTOR 2.00
Director
$0 $0 $0
TREY KEISLER DIRECTOR 2.00
Director
$0 $0 $0
DANTE JACKSON DIRECTOR 2.00
Director
$0 $0 $0
TIM HUFF DIRECTOR 2.00
Director
$0 $0 $0
CHRIS HARDWICK DIRECTOR 2.00
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 $2,415,436 $2,488,174 $3,146,689 $-72,738
2023 $2,852,237 $1,653,898 $3,190,048 $1,198,339
2022 $1,652,119 $1,854,546 $1,496,155 $-202,427
2021 $2,099,716 $1,496,629 $1,570,683 $603,087
2020 $1,809,303 $915,040 $925,377 $894,263
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