Gifts Of Inspiration Foundation
EIN: 872718750 · Sully, IA · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $138K |
| Total Expenses | $81K |
| Net Assets | $859K |
Is Gifts Of Inspiration Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gifts Of Inspiration Foundation
Gifts Of Inspiration Foundation (EIN: 872718750) is a nonprofit organization based in Sully, IA, classified under NTEE code T20. The organization reported total revenue of $138K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gifts Of Inspiration Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gifts Of Inspiration Foundation is a small nonprofit that has been operating for 4 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -69.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $93K |
| Total Expenses | $81K |
| Surplus / Deficit | +$12K |
| Total Assets | $859K |
| Total Liabilities | $1 |
| Net Assets | $859K |
| Operating Margin | 13.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 127.7 months |
Financial Health Grade: A
In 2023, Gifts Of Inspiration Foundation reported a surplus of $12K with revenue exceeding expenses, holds 127.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), Gifts Of Inspiration Foundation's revenue has declined at a compound annual growth rate (CAGR) of -69.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +167.9% | +243.0% | +24.1% |
| 2022 | -96.6% | +111961.9% | -32.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gifts Of Inspiration Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Gifts Of Inspiration Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $12K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Gifts Of Inspiration Foundation
Is Gifts Of Inspiration Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Gifts Of Inspiration Foundation (EIN: 872718750) insufficient data. 0 red flags identified, 0 strengths noted.
How does Gifts Of Inspiration Foundation spend its money?
Detailed spending breakdown data is not yet available for Gifts Of Inspiration Foundation. Check back for updated IRS 990 analysis.
Are donations to Gifts Of Inspiration Foundation tax-deductible?
Gifts Of Inspiration Foundation is registered as a tax-exempt nonprofit (EIN: 872718750). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gifts Of Inspiration Foundation located?
Gifts Of Inspiration Foundation is headquartered in Sully, Iowa and files with the IRS under EIN 872718750. It is classified under NTEE code T20.
How many years of IRS 990 filings does Gifts Of Inspiration Foundation have?
Gifts Of Inspiration Foundation has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $138K in total revenue.
Filing History
IRS 990 filing history for Gifts Of Inspiration Foundation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Gifts Of Inspiration Foundation's revenue has declined by 91%, moving from $1.0M to $93K. Total assets decreased by 16.5% over the same period, from $1.0M to $859K. Total functional expenses rose by 384219%, from $21 to $81K. In its most recent filing year (2023), Gifts Of Inspiration Foundation reported a surplus of $12K, with revenue exceeding expenses. The organization holds $1 in liabilities against $859K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $859K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $93K | $81K | $859K | $1 | — | — |
| 2022 | $35K | $24K | $692K | $1 | — | View 990 |
| 2021 | $1.0M | $21 | $1.0M | $1 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $93K, expenses of $81K, and assets of $859K (revenue +167.9% year-over-year).
- 2022: Revenue of $35K, expenses of $24K, and assets of $692K (revenue -96.6% year-over-year).
- 2021: Revenue of $1.0M, expenses of $21, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gifts Of Inspiration Foundation:
Data Sources and Methodology
This transparency report for Gifts Of Inspiration Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.