Quick charity verification for Inspire Inc (EIN: 203870179)
Verdict: Inspire Inc appears trustworthy
90/100Mission Score
$3.5MRevenue
$1.3MAssets
1Red Flags
5Strengths
Red Flags
Unusually low (0%) reported officer compensation for an organization of this size, which may obscure actual executive remuneration if it's categorized differently.
Strengths
Strong and consistent revenue growth over a decade (from $145,834 in 2014 to $3,413,550 in 2023).
Significant growth in assets (from $150,377 in 2014 to $1,194,208 in 2023), demonstrating accumulation of resources.
Low liabilities relative to assets, indicating a healthy balance sheet (e.g., $166,712 liabilities vs. $1,194,208 assets in 2023).
Consistent filing of IRS Form 990s, indicating good transparency practices.
Spending Breakdown
How Inspire Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Inspire Inc
Is Inspire Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Inspire Inc (EIN: 203870179) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Inspire Inc a good charity to donate to?
Inspire Inc has a Mission Score of 90/100. Revenue: $3.5M. Assets: $1.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Inspire Inc?
The Employer Identification Number (EIN) for Inspire Inc is 203870179. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Inspire Inc spend its money?
Inspire Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Inspire Inc's tax-exempt status?
You can verify Inspire Inc's tax-exempt status using EIN 203870179 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Inspire Inc demonstrates consistent financial growth and appears to be in a healthy financial position. Over the past decade, the organization has shown remarkable revenue growth, from $145,834 in 2014 to $3,413,550 in 2023. This growth is also reflected in its assets, which have increased from $150,377 to $1,194,208 over the same period, indicating sound financial management and accumulation of resources. The organization consistently operates with a surplus, as seen in 2023 where revenue exceeded expenses by $246,970.
The organization's spending efficiency is strong, with a significant portion of its expenses likely directed towards its programs, given the absence of reported officer compensation. This suggests a focus on mission-related activities rather than high administrative overhead. The consistent growth in assets and relatively low liabilities (e.g., $166,712 in 2023 against $1,194,208 in assets) further support a positive financial outlook.
Transparency is enhanced by the consistent filing of IRS Form 990s over ten periods and the clear indication of 0% officer compensation across all reported years. This suggests that the organization is either volunteer-led at the executive level or compensates its leadership through other means not categorized as officer compensation, which warrants further investigation for complete transparency. However, the overall trend points to a well-managed and financially responsible nonprofit.