INSPIRING TECH FOUNDATION

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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

GLORIA BELL

Phone

2679092308

Tax Period

2022-01-01 to 2022-12-31

INSPIRING TECH FOUNDATION, founded in 2022, is a small nonprofit in the Youth Development sector that reported $223K in total revenue in fiscal year 2022. The organization ran a surplus of $128K, a strong 58% operating margin.

Mission

THE INSPIRING TECH FOUNDATION BELIEVES EVERYONE DESERVES TO EXPLORE THE POSSIBILITIES IN TECH. OUR MISSION IS TO PROVIDE THESE OPPORTUNITIES, ESPECIALLY TO UNDERREPRESENTED GROUPS IN TECH, THROUGH PROGRAMS THAT EDUCATE, INSPIRE, AND CONNECT. THE INSPIRING TECH FOUNDATION COMPLETES THIS MISSION THROUGH ITS OWN PROGRAMS, SUCH AS THE WOMEN IN TECH SUMMIT (WITS), AND PARTNERSHIPS WITH LIKE-MINDED AND LIKE-MISSIONED ORGANIZATIONS.

Program Service Accomplishments

Program 1

Expenses: $42,491 Revenue: $19,855

1) HELD THE WOMEN IN TECH SUMMIT (WITS) FALL 2022 VIRTUAL SUMMIT - A CONFERENCE PROVIDING EDUCATION, INSPIRATION, AND CONNECTIONS FOR WOMEN-IDENTIFYING AND NON-BINARY INDIVIDUALS WORKING IN EVERY...

1) HELD THE WOMEN IN TECH SUMMIT (WITS) FALL 2022 VIRTUAL SUMMIT - A CONFERENCE PROVIDING EDUCATION, INSPIRATION, AND CONNECTIONS FOR WOMEN-IDENTIFYING AND NON-BINARY INDIVIDUALS WORKING IN EVERY FIELD IN TECH, IN TECHNICAL AND NON-TECHNICAL ROLES, AT ALL LEVELS OF THEIR CAREERS. WITS MISSION IS TO PROVIDE THESE CRUCIAL EDUCATION, INSPIRATION, AND CONNECTION OPPORTUNITIES FOR WOMEN-IDENTIFYING AND NON-BINARY INDIVIDUALS AT A PRICE POINT THAT MAKES IT ACCESSIBLE TO MOST AND TO PROVIDE TICKET ASSISTANCE AND/OR SCHOLARSHIPS FOR THOSE WHO NEED IT.

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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 (2022)

Revenue Breakdown

Contributions & Grants $202,825

Program Service Revenue $19,855

Investment Income $0

Other Revenue $0

TOTAL REVENUE $222,680

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $8,474

Program Expenses $42,491

Other Expenses $94,322

TOTAL EXPENSES $94,322

Year-over-Year Comparison

	2022	2021	Change
Revenue	$222,680	N/A	N/A
Expenses	$94,322	N/A	N/A
Net Income	$128,358	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

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
GLORIA BELL	PRESIDENT/FOUNDER	50.00	Director	$0	$0	$0
AMY CLIETT	VICE PRESIDENT	1.25	Director	$0	$0	$0
WHITNEY HOFFMAN	TREASURER	1.25	Director	$0	$0	$0
BOBBIE CARLTON	SECRETARY	1.25	Director	$0	$0	$0
GENIA WILBOURN	BOARD MEMBER	1.25	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
2022	$222,680	$94,322	$128,358	$128,358