Inspira Health Network Inc
Inspira Health Network Inc: Strong Asset Growth, Volatile Revenue, and High Executive Compensation
EIN: 222508425 · Bridgeton, NJ · NTEE: E21 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $14.0M |
| Total Expenses | $7.1M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $7,071,673, |
| Net Assets | $92.7M |
| Transparency Score | 75/100 |
Is Inspira Health Network Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Inspira Health Network Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Inspira Health Network Inc
Inspira Health Network Inc (EIN: 222508425) is a nonprofit organization based in Bridgeton, NJ, classified under NTEE code E21. The organization reported total revenue of $14.0M and total assets of $97.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Inspira Health Network Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Inspira Health Network Inc is a large nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.5M |
| Total Expenses | $7.1M |
| Surplus / Deficit | +$1.4M |
| Total Assets | $108.2M |
| Total Liabilities | $15.5M |
| Net Assets | $92.7M |
| Operating Margin | 16.4% |
| Debt-to-Asset Ratio | 14.4% |
| Months of Reserves | 183.7 months |
Financial Health Grade: A
In 2023, Inspira Health Network Inc reported a surplus of $1.4M with revenue exceeding expenses, holds 183.7 months of operating reserves (strong position), has a debt-to-asset ratio of 14.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Inspira Health Network Inc's revenue has grown at a compound annual growth rate (CAGR) of 17.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -51.7% | -59.4% | +3.8% |
| 2022 | -0.5% | +1089.6% | -7.6% |
| 2021 | +376.2% | -4.1% | +16.0% |
| 2020 | -2.8% | -23.6% | +5.9% |
| 2019 | -59.8% | -56.7% | +7.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Inspira Health Network Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Inspira Health Network Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.4%.
Executive Compensation Analysis
In 2023, Inspira Health Network Inc. reported executive compensation, with the CEO's total compensation at $7,071,673, which is significantly higher than the organization's reported revenue of $8,455,513 for the same year, raising questions about proportionality.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Inspira Health Network Inc's IRS 990 filings:
- Executive compensation of $7,071,673 in 2023 is disproportionately high compared to the reported revenue of $8,455,513 for the same year.
- Revenue has shown significant volatility over the past five years, ranging from $3,697,840 in 2020 to $17,521,299 in 2022, indicating potential instability in funding streams.
- Despite substantial asset growth, the organization reported a 0% charitable commitment across all available years, which could be a red flag for a nonprofit.
Strengths
The following positive indicators were identified for Inspira Health Network Inc:
- Consistent and substantial growth in total assets, from $72,411,164 in 2016 to $108,247,489 in 2023, demonstrates strong financial management and capacity.
- The organization maintains a healthy asset-to-liability ratio, indicating financial stability and solvency.
- Regular and timely filing of financial documents (990s) ensures transparency and accountability to the public.
Frequently Asked Questions about Inspira Health Network Inc
Is Inspira Health Network Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Inspira Health Network Inc (EIN: 222508425) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Inspira Health Network Inc spend its money?
Inspira Health Network Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Inspira Health Network Inc tax-deductible?
Inspira Health Network Inc is registered as a tax-exempt nonprofit (EIN: 222508425). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Inspira Health Network Inc CEO make?
Inspira Health Network Inc's highest-compensated officer earns $7,071,673, annually. The organization reported $14.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Inspira Health Network Inc's spending goes to programs?
Inspira Health Network Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Inspira Health Network Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Inspira Health Network Inc is above average for NTEE category E21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Inspira Health Network Inc located?
Inspira Health Network Inc is headquartered in Bridgeton, New Jersey and files with the IRS under EIN 222508425. It is classified under NTEE code E21.
How many years of IRS 990 filings does Inspira Health Network Inc have?
Inspira Health Network Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $14.0M in total revenue.
What does Inspira Health Network Inc do?
Inspira Health Network Inc is a nonprofit organization in the Health Care sector, located in Bridgeton, New Jersey. It is classified under NTEE code E21.
How much revenue does Inspira Health Network Inc have?
Inspira Health Network Inc reported total revenue of $13,968,240. Based on 13 IRS 990 filings on record.
What are Inspira Health Network Inc's total assets?
Inspira Health Network Inc holds total assets of $97,850,526 as reported in IRS 990 filings.
Where is Inspira Health Network Inc located?
Inspira Health Network Inc is based in Bridgeton, New Jersey.
What is Inspira Health Network Inc's EIN?
Inspira Health Network Inc's Employer Identification Number (EIN) is 222508425. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Inspira Health Network Inc?
Inspira Health Network Inc is classified under NTEE code E21 (Health Care).
Is Inspira Health Network Inc a registered 501(c)(3)?
Yes, Inspira Health Network Inc is recognized as a tax-exempt organization by the IRS. EIN: 222508425.
Does Inspira Health Network Inc file IRS Form 990?
Yes, Inspira Health Network Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Inspira Health Network Inc's revenue in 2023?
In the 202312 filing period, Inspira Health Network Inc reported total revenue of $8,455,513, total expenses of $7,071,673, and net assets of $108,247,489.
Is Inspira Health Network Inc's revenue growing or declining?
Inspira Health Network Inc's revenue is declining. Revenue went from $17,521,299 (202212) to $8,455,513 (202312), a -51.7% change. Based on 13 filings on record.
What is Inspira Health Network Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Inspira Health Network Inc covers tax period 202312. It shows revenue of $8,455,513, expenses of $7,071,673, total assets of $108,247,489, and liabilities of $15,537,137.
How much does Inspira Health Network Inc spend on programs vs administration?
Based on IRS 990 analysis, Inspira Health Network Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Inspira Health Network Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Inspira Health Network Inc appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Inspira Health Network Inc?
The following concerns were identified: Executive compensation of $7,071,673 in 2023 is disproportionately high compared to the reported revenue of $8,455,513 for the same year.. Revenue has shown significant volatility over the past five years, ranging from $3,697,840 in 2020 to $17,521,299 in 2022, indicating potential instability in funding streams.. Despite substantial asset growth, the organization reported a 0% charitable commitment across all available years, which could be a red flag for a nonprofit.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Inspira Health Network Inc's strengths?
Positive indicators for Inspira Health Network Inc include: Consistent and substantial growth in total assets, from $72,411,164 in 2016 to $108,247,489 in 2023, demonstrates strong financial management and capacity.. The organization maintains a healthy asset-to-liability ratio, indicating financial stability and solvency.. Regular and timely filing of financial documents (990s) ensures transparency and accountability to the public.. These findings are derived from AI analysis of the organization's financial filings.
How does Inspira Health Network Inc compensate executives?
In 2023, Inspira Health Network Inc. reported executive compensation, with the CEO's total compensation at $7,071,673, which is significantly higher than the organization's reported revenue of $8,455,513 for the same year, raising questions about proportionality. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the significant increase in total assets from $72,411,164 in 2016 to $108,247,489 in 2023, what specific strategies has Inspira Health Network Inc. employed to achieve such consistent growth?
The provided data does not detail specific strategies for asset growth, but the consistent increase suggests effective investment management, successful fundraising campaigns, or strategic acquisitions of property and equipment over the years.
How does Inspira Health Network Inc. justify the executive compensation of $7,071,673 in 2023, which represents a substantial portion of its reported revenue of $8,455,513 for the same period?
Without additional context from the organization's filings or statements, it is difficult to ascertain the specific justification. This level of compensation relative to revenue could be attributed to one-time bonuses, deferred compensation payouts, or a highly competitive market for executive talent in the healthcare sector, but it warrants further investigation.
Filing History
IRS 990 filing history for Inspira Health Network Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Inspira Health Network Inc's revenue has grown by 587.4%, moving from $1.2M to $8.5M. Total assets increased by 177.4% over the same period, from $39.0M to $108.2M. Total functional expenses rose by 1943.6%, from $346K to $7.1M. In its most recent filing year (2023), Inspira Health Network Inc reported a surplus of $1.4M, with revenue exceeding expenses. The organization holds $15.5M in liabilities against $108.2M in assets (debt-to-asset ratio: 14.4%), resulting in net assets of $92.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.5M | $7.1M | $108.2M | $15.5M | — | — |
| 2022 | $17.5M | $17.4M | $104.3M | $15.6M | — | View 990 |
| 2021 | $17.6M | $1.5M | $112.9M | $15.4M | — | View 990 |
| 2020 | $3.7M | $1.5M | $97.3M | $15.1M | — | View 990 |
| 2019 | $3.8M | $2.0M | $91.9M | $16.5M | — | View 990 |
| 2018 | $9.5M | $4.6M | $85.7M | $19.9M | — | View 990 |
| 2017 | $4.5M | $4.0M | $87.0M | $21.3M | — | View 990 |
| 2016 | $2.6M | $1.6M | $72.4M | $19.1M | — | View 990 |
| 2015 | $4.4M | $2.9M | $59.1M | $17.9M | — | View 990 |
| 2014 | $3.8M | $1.9M | $57.2M | $20.2M | — | View 990 |
| 2013 | $-1,359,054 | $4.4M | $47.9M | $21.3M | — | View 990 |
| 2012 | $1.6M | $541K | $47.0M | $18.8M | — | View 990 |
| 2011 | $1.2M | $346K | $39.0M | $17.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.5M, expenses of $7.1M, and assets of $108.2M (revenue -51.7% year-over-year).
- 2022: Revenue of $17.5M, expenses of $17.4M, and assets of $104.3M (revenue -0.5% year-over-year).
- 2021: Revenue of $17.6M, expenses of $1.5M, and assets of $112.9M (revenue +376.2% year-over-year).
- 2020: Revenue of $3.7M, expenses of $1.5M, and assets of $97.3M (revenue -2.8% year-over-year).
- 2019: Revenue of $3.8M, expenses of $2.0M, and assets of $91.9M (revenue -59.8% year-over-year).
- 2018: Revenue of $9.5M, expenses of $4.6M, and assets of $85.7M (revenue +110.5% year-over-year).
- 2017: Revenue of $4.5M, expenses of $4.0M, and assets of $87.0M (revenue +70.8% year-over-year).
- 2016: Revenue of $2.6M, expenses of $1.6M, and assets of $72.4M (revenue -40.8% year-over-year).
- 2015: Revenue of $4.4M, expenses of $2.9M, and assets of $59.1M (revenue +16.2% year-over-year).
- 2014: Revenue of $3.8M, expenses of $1.9M, and assets of $57.2M.
- 2013: Revenue of $-1,359,054, expenses of $4.4M, and assets of $47.9M (revenue -186.4% year-over-year).
- 2012: Revenue of $1.6M, expenses of $541K, and assets of $47.0M (revenue +27.9% year-over-year).
- 2011: Revenue of $1.2M, expenses of $346K, and assets of $39.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Inspira Health Network Inc:
Data Sources and Methodology
This transparency report for Inspira Health Network Inc 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.