Civic Intelligence

Inspiration Time Inc.

990 • Fiscal year 2016 • EIN 25-1203214

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 10, 2017

10912 Peach StreetWaterford, PA 16441

(814) 796-6000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

71st percentile

0.21x

Higher debt load relative to assets than 71% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

70th percentile

0.15x

Higher debt load relative to revenue than 70% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

61st percentile

7.4%

Higher net margin than 61% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

70th percentile

$58,929

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 12.0% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

56th percentile

3.6%

Faster asset growth than 56% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

54th percentile

4.7%

Faster revenue growth than 54% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$352,888

Up $12,279 (+3.6%) from 2015

Net Assets

Up

$278,523

Up $36,332 (+15%) from 2015

Liabilities

Down

$74,365

Down $24,053 (-24%) from 2015

Revenue

Up

$492,507

Up $22,316 (+4.7%) from 2015

Expenses

Up

$456,175

Up $9,051 (+2.0%) from 2015

Net Income

Up

$36,332

Up $13,265 (+58%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2010: $365,118Liabilities 2010: $191,921Net Assets 2010: $173,1972010Assets 2011: $359,987Liabilities 2011: $173,174Net Assets 2011: $186,8132011Assets 2013: $379,401Liabilities 2013: $145,915Net Assets 2013: $233,4862013Assets 2014: $346,141Liabilities 2014: $127,016Net Assets 2014: $219,1252014Assets 2015: $340,609Liabilities 2015: $98,418Net Assets 2015: $242,1912015Assets 2016: $352,888Liabilities 2016: $74,365Net Assets 2016: $278,5232016Assets 2017: $425,671Liabilities 2017: $51,800Net Assets 2017: $373,8712017Assets 2018: $558,772Liabilities 2018: $180,950Net Assets 2018: $377,8222018Assets 2019: $464,218Liabilities 2019: $174,873Net Assets 2019: $289,3452019Assets 2020: $446,476Liabilities 2020: $223,246Net Assets 2020: $223,2302020Assets 2021: $363,670Liabilities 2021: $137,319Net Assets 2021: $226,3512021Assets 2022: $338,306Liabilities 2022: $181,865Net Assets 2022: $156,4412022Assets 2023: $300,223Liabilities 2023: $166,109Net Assets 2023: $134,1142023Assets 2024: $487,347Liabilities 2024: $264,024Net Assets 2024: $223,3232024

Highlighted filing

2016

Assets$352,888
Liabilities$74,365
Net Assets$278,523

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $582,2992010Expenses 2011: $543,4362011Revenue 2013: $522,612Expenses 2013: $531,108Net Income 2013: -$8,4962013Revenue 2014: $505,281Expenses 2014: $519,640Net Income 2014: -$14,3592014Revenue 2015: $470,191Expenses 2015: $447,124Net Income 2015: $23,0672015Revenue 2016: $492,507Expenses 2016: $456,175Net Income 2016: $36,3322016Revenue 2017: $584,283Expenses 2017: $497,488Net Income 2017: $86,7952017Revenue 2018: $583,263Expenses 2018: $570,759Net Income 2018: $12,5042018Revenue 2019: $624,362Expenses 2019: $712,839Net Income 2019: -$88,4772019Revenue 2020: $587,051Expenses 2020: $653,166Net Income 2020: -$66,1152020Revenue 2021: $677,135Expenses 2021: $674,014Net Income 2021: $3,1212021Revenue 2022: $663,134Expenses 2022: $732,849Net Income 2022: -$69,7152022Revenue 2023: $657,694Expenses 2023: $680,021Net Income 2023: -$22,3272023Revenue 2024: $798,142Expenses 2024: $708,933Net Income 2024: $89,2092024

Highlighted filing

2016

Revenue$492,507
Expenses$456,175
Net Income$36,332
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 10, 2017
Return Version
2016v3.0
Gross Receipts
$505,275
Mission and Program Overview

Mission

Promote the Gospel of Christ

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$181,733$162,045▼ $19,688
Savings and Temporary Cash Investments$72,465$92,522▲ $20,057
Cash and Non-Interest-Bearing Accounts$55,935$65,982▲ $10,047
Accounts Receivable$19,675$23,950▲ $4,275
Prepaid Expenses and Deferred Charges$9,376$4,092▼ $5,284
Intangible Assets$675$519▼ $156
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Total Assets$340,609$352,888▲ $12,279
Other Assets Total$750$3,778▲ $3,028
Liabilities
Mortgage Notes Payable Secured by Investment Property$81,926$63,086▼ $18,840
Accounts Payable and Accrued Expenses$16,491$11,279▼ $5,212
Other Liabilities$1--
Total Liabilities$98,418$74,365▼ $24,053
Net Assets / Fund Balance
Unrestricted Net Assets$242,191$278,523▲ $36,332
Total Net Assets Fund Balance$242,191$278,523▲ $36,332
Total Liabilities and Net Assets / Fund Balance$340,609$352,888▲ $12,279

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$123,270$214,123$337,393
Equipment$27,775$199,452$227,227
Land$11,000-$11,000
Other Land Buildings-$8,853$8,853
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Adam Q FraseGeneral ManagerFT$58,929$58,929

Board Members and Trustees

NameTitle
Edward MattisonPresident
Kristine LoefflerVice President
Chris RendulicDirector
Ken MerchantDirector
Paul KitchenDirector
Sharon MacKendrickDirector
Diane SengerSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$229,460
Program Service Revenue
$207,393
Investment Income
$57
Other Revenue
$55,597
All Other Contributions
$223,834
Change in Net Assets
$36,332
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$341,949
Salaries, Compensation, and Employee Benefits$114,226
Total Fundraising Expense$6,158
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$44,197$14,732-$58,929
Other Salaries and Wages$19,796$21,716-$41,512
Occupancy$20,950$5,525-$26,475
All Other Expenses$14,694$1,586$6,158$22,438
Depreciation Depletion$9,375$3,126-$12,501
Insurance$7,511$2,504-$10,015
Payroll Taxes$6,889$1,918-$8,807
Advertising$7,290--$7,290
Other Expenses$6,798$185,706-$6,798
Other Employee Benefits$3,320$1,658-$4,978
Fees for Services Accounting$526$2,750-$3,276
Interest$1,805$602-$2,407
Fees for Services Other$1,275$595-$1,870
Information Technology$1,598--$1,598
Office Expenses$1,171$391-$1,562
Fees for Services Legal-$469-$469
Travel$365--$365
Conferences and Meetings$256--$256
Total Functional Expenses$206,739$243,278$6,158$456,175
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$20,591
Fundraising Direct Expenses$12,768
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Women's Conference$11,913$11,913$7,633$4,280
Comedy Night$8,678$8,678$5,135$3,543
Total Events$20,591$20,591$12,768$7,823
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 is prepared by an independent certified public accounting firm. Return is presented and discussed with the Organization's general manager and subsequently filed to the IRS by the return's due date, including extensions.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

All compensation, benefit and bonus are reviewed and approved by the board of directors.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

All documents open to public inspection are available and can be requested from the Organization's general manager or Board of Directors.

Filing and Contact Details

Filer

Filer Name
Inspiration Time Inc
EIN
25-1203214
Phone
8147966000
Address
10912 Peach Street, Waterford, PA 16441

Signing Officer

Name
Adam Q Frase
Title
General Manager
Signed
2017-11-10
Discuss with paid preparer
Yes

Organization Details

Formed
1964
Legal Domicile
Pa
Voting Board Members
7
Independent Board Members
7
Employees
12
Volunteers
20

Preparer

Firm
Maloney Reed Scarpitti & Company LLP
Address
3703 West 26th Street, Erie, PA 16506-2038
Preparer
Frank J Tofani EA
Phone
8148338545
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01658
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt03320
IRS990/OtherEmployeeBenefitsGrp/TotalAmt04978
IRS990/OtherExpensesGrp/Desc0UBTI Expenses
IRS990/OtherExpensesGrp/Desc1Trade expenses
IRS990/OtherExpensesGrp/Desc2Program expenses
IRS990/OtherExpensesGrp/Desc3License & Permits
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0185706
IRS990/OtherExpensesGrp/ProgramServicesAmt048170
IRS990/OtherExpensesGrp/ProgramServicesAmt110753
IRS990/OtherExpensesGrp/ProgramServicesAmt26798
IRS990/OtherExpensesGrp/TotalAmt0185706
IRS990/OtherExpensesGrp/TotalAmt148170
IRS990/OtherExpensesGrp/TotalAmt210753
IRS990/OtherExpensesGrp/TotalAmt36798
IRS990/OtherLiabilitiesGrp/BOYAmt01
IRS990/OtherRevenueMiscGrp/BusinessCd0515100
IRS990/OtherRevenueMiscGrp/Desc0Trade Sales
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt047774
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt047774
IRS990/OtherRevenueTotalAmt047774
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt021716
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt019796
IRS990/OtherSalariesAndWagesGrp/TotalAmt041512
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01918
IRS990/PayrollTaxesGrp/ProgramServicesAmt06889
IRS990/PayrollTaxesGrp/TotalAmt08807
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09376
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04092
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1515100
IRS990/ProgramServiceRevenueGrp/Desc0Membership Dues & Assessments
IRS990/ProgramServiceRevenueGrp/Desc1Provide relig. radio time
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt010
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt125125
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt010
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1207383
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0182258
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0220865
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01221
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0330763
IRS990/PYOtherRevenueAmt053525
IRS990/PYProgramServiceRevenueAmt0194580
IRS990/PYRevenuesLessExpensesAmt023067
IRS990/PYSalariesCompEmpBnftPaidAmt0116361
IRS990/PYTotalExpensesAmt0447124
IRS990/PYTotalRevenueAmt0470191
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt036332
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt072465
IRS990/SavingsAndTempCashInvstGrp/EOYAmt092522
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0229460
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0220877
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0230406
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0227298
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0246362
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01154403
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt057
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01221
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02582
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02839
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0299
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt06998
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0207393
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0194568
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0218988
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0235797
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0304257
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01161003
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.49710
IRS990ScheduleA/PublicSupportPY170Pct00.48180
IRS990ScheduleA/PublicSupportTotal170Amt01154403
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0229460
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0220877
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0230406
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0227298
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0246362
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01154403
IRS990ScheduleA/TotalSupportAmt02322404
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0123270
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0214123
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0337393
IRS990ScheduleD/EquipmentGrp/BookValueAmt027775
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0199452
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0227227
IRS990ScheduleD/LandGrp/BookValueAmt011000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt011000
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08853
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt08853
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0162045
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt012768
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Women's Conference
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Comedy Night
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt011913
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt08678
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt020591
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt011913
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt08678
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt020591
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt07823
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt012768
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt07633
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt05135
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 is prepared by an independent certified public accounting firm. Return is presented and discussed with the Organization's general manager and subsequently filed to the IRS by the return's due date, including extensions.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All compensation, benefit and bonus are reviewed and approved by the board of directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All documents open to public inspection are available and can be requested from the Organization's general manager or Board of Directors.

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.87$2.64$2.23$7.98$7.09$0.89
2023Detailed filing. Detailed filing data is available for this year.$3.00$1.66$1.34$6.58$6.80$0.22
2022Detailed filing. Detailed filing data is available for this year.$3.38$1.82$1.56$6.63$7.33$0.70
2021Detailed filing. Detailed filing data is available for this year.$3.64$1.37$2.26$6.77$6.74$0.03
2020Detailed filing. Detailed filing data is available for this year.$4.46$2.23$2.23$5.87$6.53$0.66
2019Detailed filing. Detailed filing data is available for this year.$4.64$1.75$2.89$6.24$7.13$0.88
2018Detailed filing. Detailed filing data is available for this year.$5.59$1.81$3.78$5.83$5.71$0.13
2017Detailed filing. Detailed filing data is available for this year.$4.26$0.52$3.74$5.84$4.97$0.87
2016Detailed filing. Detailed filing data is available for this year.$3.53$0.74$2.79$4.93$4.56$0.36
2015Detailed filing. Detailed filing data is available for this year.$3.41$0.98$2.42$4.70$4.47$0.23
2014Detailed filing. Detailed filing data is available for this year.$3.46$1.27$2.19$5.05$5.20$0.14
2013Detailed filing. Detailed filing data is available for this year.$3.79$1.46$2.33$5.23$5.31$0.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.60$1.73$1.87$5.43
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.65$1.92$1.73$5.82