Inspire Academics Inc
Inspire Academics Inc shows consistent revenue growth and zero reported officer compensation over the past decade.
EIN: 202193239 · Boise, ID · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $13.0M |
| Total Expenses | $12.4M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $13 |
| Net Assets | $1.5M |
| Transparency Score | 90/100 |
Is Inspire Academics Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Inspire Academics Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Inspire Academics Inc
Inspire Academics Inc (EIN: 202193239) is a nonprofit organization based in Boise, ID, classified under NTEE code B29. The organization reported total revenue of $13.0M and total assets of $4.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Inspire Academics Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Inspire Academics Inc is a large nonprofit that has been operating for 17 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 11.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $13.3M |
| Total Expenses | $12.4M |
| Surplus / Deficit | +$871K |
| Total Assets | $5.2M |
| Total Liabilities | $3.7M |
| Net Assets | $1.5M |
| Operating Margin | 6.6% |
| Debt-to-Asset Ratio | 71.8% |
| Months of Reserves | 5.0 months |
Financial Health Grade: A
In 2024, Inspire Academics Inc reported a surplus of $871K with revenue exceeding expenses, holds 5.0 months of operating reserves (adequate), has a debt-to-asset ratio of 71.8% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Inspire Academics Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +19.5% | +12.8% | +8.8% |
| 2023 | +5.1% | +8.3% | +46.4% |
| 2022 | -11.8% | -15.3% | -28.3% |
| 2021 | +68.5% | +68.7% | +113.6% |
| 2020 | +8.9% | +8.8% | +11.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2009 |
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 Inspire Academics Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Inspire Academics Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $871K, with revenue exceeding expenses.
- Debt-to-asset ratio: 71.8%.
Executive Compensation Analysis
Inspire Academics Inc consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with over $13 million in revenue. This suggests either a fully volunteer executive leadership, or that executive compensation is categorized differently within their financial statements, or that the organization is exceptionally lean at the top.
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 Inspire Academics Inc's IRS 990 filings:
- Consistent 0% officer compensation for an organization of this size is unusual and warrants further investigation into how executive leadership is compensated or structured.
Strengths
The following positive indicators were identified for Inspire Academics Inc:
- Consistent and significant revenue growth, from $4.8M in 2015 to $13.2M in 2024.
- Strong asset growth, indicating increasing financial stability and capacity.
- Expenses closely track revenue, suggesting efficient deployment of funds for programs.
- Long and consistent IRS 990 filing history (14 filings), demonstrating regulatory compliance.
- Zero reported officer compensation, which can be a strong indicator of efficient resource allocation if leadership is genuinely volunteer or very modestly compensated.
Frequently Asked Questions about Inspire Academics Inc
Is Inspire Academics Inc a legitimate charity?
Inspire Academics Inc (EIN: 202193239) is a registered tax-exempt nonprofit based in Idaho. Our AI analysis gives it a Mission Score of 90/100. It has 14 years of IRS 990 filings on record. Total revenue: $13.0M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Inspire Academics Inc spend its money?
Inspire Academics Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Inspire Academics Inc tax-deductible?
Inspire Academics Inc is registered as a tax-exempt nonprofit (EIN: 202193239). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Inspire Academics Inc CEO make?
Inspire Academics Inc's highest-compensated officer earns $13 annually. The organization reported $13.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Inspire Academics Inc's spending goes to programs?
Inspire Academics Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Inspire Academics Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Inspire Academics Inc is above average for NTEE category B29 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Inspire Academics Inc located?
Inspire Academics Inc is headquartered in Boise, Idaho and files with the IRS under EIN 202193239. It is classified under NTEE code B29.
How many years of IRS 990 filings does Inspire Academics Inc have?
Inspire Academics Inc has 14 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 $13.0M in total revenue.
Is Inspire Academics Inc a good charity?
Based on the provided financial data, Inspire Academics Inc appears to be a well-managed charity with strong financial health, consistent growth, and a notable commitment to not reporting officer compensation. Their increasing assets and revenue suggest effective program delivery and fundraising.
How has Inspire Academics Inc's revenue grown over time?
Inspire Academics Inc has experienced significant revenue growth, increasing from $4,869,050 in 2015 to $13,275,554 in 2024, demonstrating a strong upward trend in financial support and operational scale.
What is the organization's stance on executive compensation?
The organization consistently reports 0% officer compensation in its IRS 990 filings, indicating either a volunteer-led executive team or a unique compensation structure that does not fall under the 'officer compensation' category.
Are Inspire Academics Inc's assets growing?
Yes, the organization's assets have shown substantial growth, increasing from $1,326,057 in 2015 to $5,190,439 in 2024, indicating a strengthening financial foundation.
Filing History
IRS 990 filing history for Inspire Academics Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Inspire Academics Inc's revenue has grown by 300.2%, moving from $3.3M to $13.3M. Total assets increased by 1047.5% over the same period, from $452K to $5.2M. Total functional expenses rose by 274.9%, from $3.3M to $12.4M. In its most recent filing year (2024), Inspire Academics Inc reported a surplus of $871K, with revenue exceeding expenses. The organization holds $3.7M in liabilities against $5.2M in assets (debt-to-asset ratio: 71.8%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $13.3M | $12.4M | $5.2M | $3.7M | — | View 990 |
| 2023 | $11.1M | $11.0M | $4.8M | $4.2M | — | View 990 |
| 2022 | $10.6M | $10.2M | $3.3M | $2.8M | — | View 990 |
| 2021 | $12.0M | $12.0M | $4.5M | $4.5M | — | View 990 |
| 2020 | $7.1M | $7.1M | $2.1M | $2.1M | — | View 990 |
| 2019 | $6.5M | $6.5M | $1.9M | $1.9M | — | View 990 |
| 2018 | $5.9M | $5.9M | $1.5M | $1.5M | — | View 990 |
| 2017 | $5.3M | $5.3M | $1.1M | $1.1M | — | View 990 |
| 2016 | $4.8M | $4.8M | $1.3M | $1.2M | — | View 990 |
| 2015 | $4.9M | $4.8M | $1.3M | $1.9M | — | View 990 |
| 2014 | $3.9M | $3.9M | $959K | $949K | — | View 990 |
| 2013 | $3.2M | $3.3M | $574K | $564K | — | View 990 |
| 2012 | $3.2M | $3.2M | $546K | $515K | — | View 990 |
| 2011 | $3.3M | $3.3M | $452K | $402K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $13.3M, expenses of $12.4M, and assets of $5.2M (revenue +19.5% year-over-year).
- 2023: Revenue of $11.1M, expenses of $11.0M, and assets of $4.8M (revenue +5.1% year-over-year).
- 2022: Revenue of $10.6M, expenses of $10.2M, and assets of $3.3M (revenue -11.8% year-over-year).
- 2021: Revenue of $12.0M, expenses of $12.0M, and assets of $4.5M (revenue +68.5% year-over-year).
- 2020: Revenue of $7.1M, expenses of $7.1M, and assets of $2.1M (revenue +8.9% year-over-year).
- 2019: Revenue of $6.5M, expenses of $6.5M, and assets of $1.9M (revenue +11.2% year-over-year).
- 2018: Revenue of $5.9M, expenses of $5.9M, and assets of $1.5M (revenue +9.9% year-over-year).
- 2017: Revenue of $5.3M, expenses of $5.3M, and assets of $1.1M (revenue +11.6% year-over-year).
- 2016: Revenue of $4.8M, expenses of $4.8M, and assets of $1.3M (revenue -1.7% year-over-year).
- 2015: Revenue of $4.9M, expenses of $4.8M, and assets of $1.3M (revenue +25.8% year-over-year).
- 2014: Revenue of $3.9M, expenses of $3.9M, and assets of $959K (revenue +19.6% year-over-year).
- 2013: Revenue of $3.2M, expenses of $3.3M, and assets of $574K (revenue +0.6% year-over-year).
- 2012: Revenue of $3.2M, expenses of $3.2M, and assets of $546K (revenue -3.0% year-over-year).
- 2011: Revenue of $3.3M, expenses of $3.3M, and assets of $452K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Inspire Academics Inc:
Data Sources and Methodology
This transparency report for Inspire Academics 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.