INSPIRED LIFE INC (EIN 854260192) - 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

2020

Legal Domicile

Principal Officer

TIM BOETTGER

Phone

3193485621

Tax Period

2024-01-01 to 2024-12-31

INSPIRED LIFE INC, founded in 2020, is a small nonprofit in the Religion sector that reported $229K in total revenue in fiscal year 2024. Expenses of $359K exceeded revenue, resulting in a 57% operating deficit.

Mission

HELPING INSPIRE, SHAPE, AND EQUIP OUR CHILDREN THROUGH GRASSROOTS INSPIRATION, POLITICAL INFLUENCE, EDUCATIONAL ENHANCEMENTS, AND SCHOOL PARTNERSHIPS, SO OUR CHILDREN BECOME UNIQUELY DEVELOPED, LIFE-READY, FAITH-FILLED, GIFT-AWARE, AND SERVANT MINDED IN THE WORLD."

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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 $228,783

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $228,783

Expense Breakdown

Grants Paid $0

Salaries & Benefits $266,929

Fundraising Expenses $1,170

Program Expenses $357,863

Other Expenses $92,104

TOTAL EXPENSES $359,033

Year-over-Year Comparison

	2024	2023	Change
Revenue	$228,783	$218,100	+0.0%
Expenses	$359,033	$224,215	+0.6%
Net Income	$-130,250	$-6,115	+20.3%

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

$51,906

Total Directors

$51,906

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TIM BOETTGER	PRESIDENT	30.00	Officer Director	$50,404	$1,502	$51,906
HEIDI GOETZINGER	DIRECTOR	1.00	Director	$0	$0	$0
TJ HANKEN	DIRECTOR	1.00	Director	$0	$0	$0
ERIC JOHNSON	VICE PRESIDE	5.00	Officer Director	$0	$0	$0
TROY PRICE	SECRETARY	1.00	Officer 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	$228,783	$359,033	$57,466	$-130,250
2023	$218,100	$224,215	$181,199	$-6,115
2022	$707,345	$550,323	$187,023	$157,022

INSPIRED LIFE INC