JEAN C DRUMMOND INSPIRATIONAL PRODUCTIONS INC

EIN: 934844151 501(c)(3) Education

BOWIE, MD

Total Revenue
$250,000
Total Expenses
N/A
Total Assets
$250,000
Net Assets
$250,000
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
DE
Principal Officer
JEAN DRUMMOND
Phone
2408829967
Tax Period
2023-12-13 to 2023-12-31

JEAN C DRUMMOND INSPIRATIONAL PRODUCTIONS INC, founded in 2023, is a small nonprofit in the Education sector that reported $250K in total revenue in fiscal year 2023.

Mission

JEAN C DRUMMOND INSPIRATIONAL PRODUCTIONS IS DEDICATED TO INSPIRING, EDUCATING AND COACHING MINORITY UNDERSERVED ENTREPRENEURS TO BEGIN, GROW AND EXPAND THEIR BUSINESS IDEAS AND PORTFOLIOS.

Program Service Accomplishments

Program 1

JCD INSPIRATIONAL PRODUCTIONS WILL HOST POWERFUL LEADERSHIP CONFERENCES, HOST MOTIVATIONAL SEMINARS AND TRAINING SESSIONS AND PROVIDE TOOLS SUCH AS BOOKS AND TOOLKITS TO GUIDE PARTICIPANTS TO A...

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JCD INSPIRATIONAL PRODUCTIONS WILL HOST POWERFUL LEADERSHIP CONFERENCES, HOST MOTIVATIONAL SEMINARS AND TRAINING SESSIONS AND PROVIDE TOOLS SUCH AS BOOKS AND TOOLKITS TO GUIDE PARTICIPANTS TO A SUCCESSFUL BUSINESS STRATEGY. MANY MINORITY INDIVIDUALS ARE UNABLE TO RECEIVE LOANS AND FINANCIAL SUPPORT TO LAUNCH FEASIBLE BUSINESS IDEAS. THERE IS A DISPROPORTIONATELY SMALL NUMBER OF MINORITY BUSINESS OWNERS TO SHARE SUCCESSFUL STORIES AND STRATEGIES WITH THE NEXT GENERATION OF POTENTIAL ENTREPRENEURS. AS FOUNDER OF THIS ORGANIZATION, JEAN DRUMMOND PLANS TO DEDICATE MORE AND MORE OF HER TIME AS SHE TRANSITIONS FROM HER FULL TIME WORK. HER INTENT IN 2024 IS TO SPEND 25 PERCENT, THEN IN 2025 50 PERCENT OF HER TIME AND THEN BY 2028 100 PERCENT ON ACTIVITES RELATED TO THIS ORGANIZATION. THE ACTIVITIES WILL BE FUNDED THROUGH IN-KIND DONATIONS AND MINORITY BUSINESS SEEKERS WILL NOT BE LIMITED IN USING THE ORGANIZATION'S SERVICES BECAUSE OF INABILITY TO PAY. ECONOMIC DEVELOPMENT IS CRITICAL TO ELIMINATE POVERTY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $250,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $250,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2023 2022 Change
Revenue $250,000 N/A N/A
Expenses N/A N/A N/A
Net Income N/A 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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Liquidity & Cash Position

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Governance

Voting Members
1
Independent Members
1
Employees
N/A
Volunteers
1

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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEAN DRUMMOND FOUNDER 3.00
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
2023 $250,000 No data $250,000 No data
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