Inspire Inc
Inspire Inc shows strong revenue and asset growth with no reported officer compensation over a decade.
EIN: 203870179 · Phoenix, AZ · NTEE: E92 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.5M |
| Total Expenses | $3.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $3.4 |
| Net Assets | $1.0M |
| Transparency Score | 90/100 |
Is Inspire Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Inspire Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Inspire Inc
Inspire Inc (EIN: 203870179) is a nonprofit organization based in Phoenix, AZ, classified under NTEE code E92. The organization reported total revenue of $3.5M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Inspire Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Inspire Inc is a mid-size nonprofit that has been operating for 11 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 42.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.4M |
| Total Expenses | $3.2M |
| Surplus / Deficit | +$247K |
| Total Assets | $1.2M |
| Total Liabilities | $167K |
| Net Assets | $1.0M |
| Operating Margin | 7.2% |
| Debt-to-Asset Ratio | 14.0% |
| Months of Reserves | 4.5 months |
Financial Health Grade: A
In 2023, Inspire Inc reported a surplus of $247K with revenue exceeding expenses, holds 4.5 months of operating reserves (adequate), has a debt-to-asset ratio of 14.0% (very low leverage).
Financial Trends
Over 10 years of filings (2014–2023), Inspire Inc's revenue has grown at a compound annual growth rate (CAGR) of 42.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.0% | +5.7% | +35.1% |
| 2022 | +6.7% | +4.5% | +45.1% |
| 2021 | +2.7% | +0.5% | +42.7% |
| 2020 | +14.2% | +0.7% | +16.0% |
| 2019 | +19.3% | +25.8% | -19.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
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 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Inspire 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 $247K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.0%.
Executive Compensation Analysis
Inspire Inc consistently reports 0% officer compensation across all ten years of filings, which is highly unusual for an organization of its size ($3.4 million in revenue in 2023) and suggests either a fully volunteer executive leadership or compensation structured in a way not reported as officer compensation on the 990.
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 Inc's IRS 990 filings:
- Unusually low (0%) reported officer compensation for an organization of this size, which may obscure actual executive remuneration if it's categorized differently.
Strengths
The following positive indicators were identified for Inspire Inc:
- Strong and consistent revenue growth over a decade (from $145,834 in 2014 to $3,413,550 in 2023).
- Consistent operating surpluses, indicating financial stability (e.g., $246,970 surplus 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.
Frequently Asked Questions about Inspire Inc
Is Inspire Inc a legitimate charity?
Inspire Inc (EIN: 203870179) is a registered tax-exempt nonprofit based in Arizona. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $3.5M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Inspire Inc spend its money?
Inspire Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Inspire Inc tax-deductible?
Inspire Inc is registered as a tax-exempt nonprofit (EIN: 203870179). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Inspire Inc CEO make?
Inspire Inc's highest-compensated officer earns $3.4 annually. The organization reported $3.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Inspire Inc's spending goes to programs?
Inspire Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Inspire Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Inspire Inc is above average for NTEE category E92 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Inspire Inc located?
Inspire Inc is headquartered in Phoenix, Arizona and files with the IRS under EIN 203870179. It is classified under NTEE code E92.
How many years of IRS 990 filings does Inspire Inc have?
Inspire Inc has 10 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 $3.5M in total revenue.
Is Inspire Inc a good charity?
Based on its strong financial growth, consistent surpluses, increasing assets, and zero reported officer compensation, Inspire Inc appears to be a well-managed and efficient charity. Its financial health and apparent dedication to program spending are positive indicators.
How has Inspire Inc's revenue grown over time?
Inspire Inc has experienced significant revenue growth, from $145,834 in 2014 to $3,413,550 in 2023, representing an increase of over 2,200% in a decade.
What is the financial health of Inspire Inc?
Inspire Inc's financial health is strong, characterized by consistent revenue growth, increasing assets (from $150,377 in 2014 to $1,194,208 in 2023), and a history of operating with a surplus, indicating sound financial management.
Why is officer compensation reported as 0%?
The consistent reporting of 0% officer compensation is unusual for an organization of this scale. It could mean that executive leadership is entirely volunteer-based, or that compensation is structured and reported under different expense categories, which would require further investigation of the full 990 forms for clarity.
Filing History
IRS 990 filing history for Inspire Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Inspire Inc's revenue has grown by 2240.7%, moving from $146K to $3.4M. Total assets increased by 694.1% over the same period, from $150K to $1.2M. Total functional expenses rose by 1998.1%, from $151K to $3.2M. In its most recent filing year (2023), Inspire Inc reported a surplus of $247K, with revenue exceeding expenses. The organization holds $167K in liabilities against $1.2M in assets (debt-to-asset ratio: 14.0%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.4M | $3.2M | $1.2M | $167K | — | — |
| 2022 | $3.3M | $3.0M | $884K | $103K | — | View 990 |
| 2021 | $3.1M | $2.9M | $609K | $115K | — | View 990 |
| 2020 | $3.0M | $2.9M | $427K | $142K | — | — |
| 2019 | $2.6M | $2.8M | $368K | $226K | — | View 990 |
| 2018 | $2.2M | $2.2M | $454K | $104K | — | View 990 |
| 2017 | $2.0M | $1.8M | $483K | $81K | — | View 990 |
| 2016 | $1.6M | $1.5M | $320K | $69K | — | View 990 |
| 2015 | $1.3M | $1.2M | $235K | $64K | — | View 990 |
| 2014 | $146K | $151K | $150K | $90K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.4M, expenses of $3.2M, and assets of $1.2M (revenue +4.0% year-over-year).
- 2022: Revenue of $3.3M, expenses of $3.0M, and assets of $884K (revenue +6.7% year-over-year).
- 2021: Revenue of $3.1M, expenses of $2.9M, and assets of $609K (revenue +2.7% year-over-year).
- 2020: Revenue of $3.0M, expenses of $2.9M, and assets of $427K (revenue +14.2% year-over-year).
- 2019: Revenue of $2.6M, expenses of $2.8M, and assets of $368K (revenue +19.3% year-over-year).
- 2018: Revenue of $2.2M, expenses of $2.2M, and assets of $454K (revenue +11.8% year-over-year).
- 2017: Revenue of $2.0M, expenses of $1.8M, and assets of $483K (revenue +20.9% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.5M, and assets of $320K (revenue +21.0% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.2M, and assets of $235K (revenue +821.4% year-over-year).
- 2014: Revenue of $146K, expenses of $151K, and assets of $150K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Inspire Inc:
Data Sources and Methodology
This transparency report for Inspire 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.