INSPIRED FOUNDATION INC (EIN 854220445) - 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

Phone

6162832696

Tax Period

2024-01-01 to 2024-12-31

INSPIRED FOUNDATION INC, founded in 2021, is a small nonprofit in the Community Improvement sector that reported $487K in total revenue in fiscal year 2024. Revenue surged 53% from the prior year, signaling strong growth momentum.

Mission

The purpose or purposes for which the corporation is organized is to be a communitydevelopment organization serving our local and global community by engaging in a broad range of strategies that promote education, health, and development and to also engage in activities which are necessary, suitable or convenient for the accomplishment of that purpose, or which are incidental thereto or connected therewith which are consistent with Section 501(c)(3) of the Internal Revenue Code. This corporation is organized and operated exclusively for charitable, scientific, literary and educational purposes within the meaning of Section 501(c)(3), Internal Revenue Code.

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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 (2024)

Revenue Breakdown

Contributions & Grants $487,263

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $487,263

Expense Breakdown

Grants Paid $0

Salaries & Benefits $109,058

Fundraising Expenses $0

Program Expenses $502,813

Other Expenses $393,755

TOTAL EXPENSES $502,813

Year-over-Year Comparison

	2024	2023	Change
Revenue	$487,263	$317,601	+0.5%
Expenses	$502,813	$349,105	+0.4%
Net Income	$-15,550	$-31,504	-0.5%

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

Total Directors

$30,550

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ADAM GRILL	President	40.00	Director	$30,550	$0	$30,550
KEITH STEWART	Director	0.00	Director	$0	$0	$0
JENNY GRILL	Secretary	0.00	Director	$0	$0	$0
DAVID OLSON	Treasurer	0.00	Director	$0	$0	$0
DEREK CARPENTER	Director	0.00	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	$487,263	$502,813	$56,391	$-15,550
2023	$317,601	$349,105	$71,941	$-31,504
2021	$200,668	$76,133	$124,535	$124,535

INSPIRED FOUNDATION INC