Inspire Academics Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,317,134 | 3,308,882 | 8,252 | 0.2 | 24% |
| 2012 | 3,218,522 | 3,238,283 | −19,761 | 0.1 | 30% |
| 2013 | 3,236,403 | 3,257,023 | −20,620 | 0.0 | 33% |
| 2014 | 3,869,509 | 3,869,140 | 369 | 0.0 | 29% |
| 2015 | 4,869,050 | 4,759,307 | 109,743 | -1.4 | 35% |
| 2016 | 4,787,551 | 4,787,505 | 46 | 0.1 | 36% |
| 2017 | 5,341,174 | 5,339,198 | 1,976 | 0.1 | 33% |
| 2018 | 5,872,384 | 5,864,769 | 7,615 | 0.1 | 33% |
| 2019 | 6,528,564 | 6,527,640 | 924 | 0.1 | 31% |
| 2020 | 7,111,190 | 7,104,412 | 6,778 | 0.1 | 32% |
| 2021 | 11,985,809 | 11,985,408 | 401 | 0.0 | 29% |
| 2022 | 10,570,236 | 10,150,592 | 419,644 | 0.5 | 32% |
| 2023 | 11,110,342 | 10,995,473 | 114,869 | 0.6 | 30% |
| 2024 | 13,275,554 | 12,404,561 | 870,993 | 1.4 | 30% |
In its most recent public year (2024), this organization brought in $870,993 more than it spent. Its reserves stood at about 1.4 months of spending, up from 0.2 in 2011. Staff pay was 30% of spending. $223,667 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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