INSPIRATION STUDIOS

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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

2020

Legal Domicile

Principal Officer

KIM NEAL

Phone

5138575658

Tax Period

2025-01-01 to 2025-12-31

INSPIRATION STUDIOS, founded in 2020, is a community nonprofit in the Employment sector that reported $1.3M in total revenue in fiscal year 2025. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $204K, a strong 16% operating margin.

Mission

INSPIRATION STUDIOS INSPIRES INDIVIDUALS WITH DEVELOPMENTAL AND INTELLECTUAL DISABILITIES TO LEAD PURPOSEFUL, HEALTHY, AND SELF-DIRECTED LIVES THROUGH INNOVATIVE PROGRAMMING AND SERVICES.

Program Service Accomplishments

Program 1

Expenses: $215,228 Revenue: $459,303

INSIDEOUT STUDIO IS A VOCATIONAL HABILITATION PROGRAM THAT EMPLOYS INDIVIDUALS WITH DISABILITIES. THIS PROGRAM PROVIDES THE OPPORTUNITY FOR ARTISTS WITH DISABILITIES TO PRODUCE, MARKET, AND RECEIVE...

Program 2

Expenses: $267,176 Revenue: $363,651

INSPIRED TRANSPORTATION IS A NON-MEDICAL TRANSPORTATION PROGRAM. THIS PROGRAM MOVES COMMUNITY FORWARD WITH TIMELY, DEPENDABLE, AND SAFE TRANSPORTATION FOR INDIVIDUALS WITH DISABILITIES.

Program 3

Expenses: $66,503 Revenue: $1,928

INSPIRATION STUDIOS IS A 501(C)3 NON-PROFIT THAT OVERSEES THE PROGRAMMATIVE SERVICES OF INSIDEOUT STUDIO, INSPIRED TRANSPORTATION AND INCLUSIVE WELLNESS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $333,720

Program Service Revenue $945,183

Investment Income $1,197

Other Revenue $2,309

TOTAL REVENUE $1,282,409

Expense Breakdown

Grants Paid $0

Salaries & Benefits $661,719

Fundraising Expenses $85,159

Program Expenses $848,110

Other Expenses $417,027

TOTAL EXPENSES $1,078,746

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,282,409	$1,129,342	+0.1%
Expenses	$1,078,746	$810,540	+0.3%
Net Income	$203,663	$318,802	-0.4%

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

Employees

Volunteers

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

$89,950

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIM NEAL	EXECUTIVE DI	40.00	Officer	$85,294	$4,656	$89,950
TIM SPEIGHT	BOARD MEMBER	0.50	Director	$0	$0	$0
MICHELLE BARNES DAVIS	VICE PRESIDE	0.50	Officer Director	$0	$0	$0
KATHY BEATTY	SECRETARY	0.50	Officer Director	$0	$0	$0
DEBBIE MANN	BOARD MEMBER	0.50	Director	$0	$0	$0
ADAM MARCUM	PRESIDENT	0.50	Officer Director	$0	$0	$0
TEDDY KREMER	BOARD MEMBER	0.50	Director	$0	$0	$0
ALISA MILLER	BOARD MEMBER	0.50	Director	$0	$0	$0
CHERYL KREMER	BOARD MEMBER	0.50	Director	$0	$0	$0
AARON HUFFORD	BOARD MEMBER	0.50	Director	$0	$0	$0
MATT MARCUM	BOARD MEMBER	0.50	Director	$0	$0	$0
DAVE STITSINGER	TREASURER	0.50	Officer Director	$0	$0	$0
CONNIE MEHLMAN	BOARD MEMBER	0.50	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
2025	$1,282,409	$1,078,746	$1,200,324	$203,663
2024	No data	No data	No data	No data
2023	$935,099	$752,273	$666,805	$182,826
2022	$666,058	$547,457	$485,085	$118,601
2021	$655,133	$287,145	$359,653	$367,988