INSPIRE ACCESS (EIN 883094715) - 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

2022

Legal Domicile

Principal Officer

PATRICE KING BRICKMAN

Phone

3017042002

Tax Period

2023-01-01 to 2023-12-31

INSPIRE ACCESS, founded in 2022, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.1M in total revenue in fiscal year 2023. The organization ran a surplus of $822K, a strong 72% operating margin.

Mission

OUR MISSION IS TO MOBILIZE PHILANTHROPIC CAPITAL TOWARDS FOR-PROFIT VENTURES IN SUPPORT OF UNDERREPRESENTED FOUNDERS AND COMMUNITIES WHO HAVE HISTORICALLY LACKED ACCESS TO CAPITAL. WE ADVANCE THIS BY PROVIDING PRIS, FISCAL SPONSORSHIPS, AND OTHER FOUNDER-FRIENDLY TOOLS THAT CHANNEL UNRESTRICTED DONATIONS INTO MISSION-ALIGNED VENTURES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,042,798

Program Service Revenue $0

Investment Income $92,405

Other Revenue $0

TOTAL REVENUE $1,135,203

Expense Breakdown

Grants Paid $25,000

Salaries & Benefits $0

Fundraising Expenses $66,263

Program Expenses $188,395

Other Expenses $288,206

TOTAL EXPENSES $313,206

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,135,203	N/A	N/A
Expenses	$313,206	N/A	N/A
Net Income	$821,997	N/A	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

Governance

Voting Members

Independent Members

Employees

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICE KING BRICKMAN	PRESIDENT & CEO	1.00	Officer Director	$0	$0	$0
ERNITA THOMAS	TREASURER	1.00	Officer Director	$0	$0	$0
LEROY PINGHO	SECRETARY	1.00	Officer Director	$0	$0	$0
HILLARY BALTIMORE	DIRECTOR	1.00	Director	$0	$0	$0
LAURIE MARTIN	DIRECTOR	1.00	Director	$0	$0	$0
ANNE MOSLE	DIRECTOR	1.00	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	No data	No data	No data	No data
2023	$1,135,203	$313,206	$5,630,384	$821,997

INSPIRE ACCESS