INSPIRE HEALTH FOUNDATION INC

EIN: 880770422 501(c)(3) Education

PITTSBURG, KS

Total Revenue
$349,003
Total Expenses
$57,991
Total Assets
$291,012
Net Assets
$291,012
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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
2022
Legal Domicile
KS
Principal Officer
ROSS TURNEY
Phone
6202319873
Tax Period
2022-11-01 to 2023-10-31

INSPIRE HEALTH FOUNDATION INC, founded in 2022, is a small nonprofit in the Education sector that reported $349K in total revenue in fiscal year 2022. The organization ran a surplus of $291K, a strong 83% operating margin.

Mission

TO DISTRIBUTE RESOURCES TO SUPPORT SCHOLARSHIPS AIMED AT EDUCATION AND TRAINING AROUND HEALTH PROFESSIONS AND THOSE PROFESSIONS THAT MAY NOT BE A HEALTH PROFESSION (SUCH AS ACCOUNTING, COMMUNITY RELATIONS, PUBLIC HEALTH AND LEADERSHIP) THAT ARE DIRECTLY TIED TO IMPROVING HEALTHCARE ORGANIZATIONS IN THE REGION.

Program Service Accomplishments

Program 1
Expenses: $57,991

TO DISTRIBUTE RESOURCES TO SUPPORT SCHOLARSHIPS AIMED AT EDUCATION AND TRAINING AROUND HEALTH PROFESSIONS AND THOSE PROFESSIONS THAT MAY NOT BE A HEALTH PROFESSION (SUCH AS ACCOUNTING, COMMUNITY...

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TO DISTRIBUTE RESOURCES TO SUPPORT SCHOLARSHIPS AIMED AT EDUCATION AND TRAINING AROUND HEALTH PROFESSIONS AND THOSE PROFESSIONS THAT MAY NOT BE A HEALTH PROFESSION (SUCH AS ACCOUNTING, COMMUNITY RELATIONS, PUBLIC HEALTH AND LEADERSHIP) THAT ARE DIRECTLY TIED TO IMPROVING HEALTHCARE ORGANIZATIONS IN THE REGION.

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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 $348,780
Program Service Revenue $0
Investment Income $223
Other Revenue $0
TOTAL REVENUE $349,003

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $57,991
Other Expenses $57,991
TOTAL EXPENSES $57,991

Year-over-Year Comparison

2022 2021 Change
Revenue $349,003 N/A N/A
Expenses $57,991 N/A N/A
Net Income $291,012 $0 N/A
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
15
Independent Members
15
Employees
N/A
Volunteers
15

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
6
$667,159
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALYSIA JOHNSTON DIRECTOR 0.10
Director
$0 $0 $0
BRIAN JONES DIRECTOR 0.10
Director
$0 $0 $0
DANIEL MINNIS DDS DIRECTOR 0.10
Director
$0 $0 $0
DAVID SHEPHERD TREASURER 0.10
Officer Director
$0 $0 $0
DAWN FLORES VICE CHAIR 0.10
Officer Director
$0 $0 $0
GINGER NANCE DIRECTOR 0.10
Director
$0 $0 $0
JAKE LETNER BOARD CHAIRPERSON 0.10
Officer Director
$0 $0 $0
JOHN WYRICK DIRECTOR 0.10
Director
$0 $0 $0
JUDY WESTHOFF DIRECTOR 0.10
Director
$0 $0 $0
NANCY HAIRE SECRETARY 0.10
Officer Director
$0 $0 $0
PATRICK O'BRYAN DIRECTOR 0.10
Director
$0 $0 $0
RACHEL RUIZ DIRECTOR 0.10
Director
$0 $0 $0
SANDRA COBOS DIRECTOR 0.10
Director
$0 $0 $0
SHAWN NACCARATO DIRECTOR 0.10
Director
$0 $0 $0
TRAVIS WILSON DIRECTOR 0.10
Director
$0 $0 $0
KRISTA POSTAI CHIEF EXECUTIVE OFFICER 0.10
Officer
$0 $23,229 $472,924
ROSS TURNEY CHIEF FINANCIAL OFFICER 0.10
Officer
$0 $13,633 $194,235
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
2023 $349,003 $57,991 $291,012 $291,012
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