Civic Intelligence

Inspiration Time Inc.

990 • Fiscal year 2017 • EIN 25-1203214

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

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

65th percentile

0.12x

Higher debt load relative to assets than 65% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

64th percentile

0.09x

Higher debt load relative to revenue than 64% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

72nd percentile

15%

Higher net margin than 72% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

70th percentile

$59,213

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 10.1% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

78th percentile

21%

Faster asset growth than 78% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

70th percentile

19%

Faster revenue growth than 70% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$425,671

Up $72,783 (+21%) from 2016

Net Assets

Up

$373,871

Up $95,348 (+34%) from 2016

Liabilities

Down

$51,800

Down $22,565 (-30%) from 2016

Revenue

Up

$584,283

Up $91,776 (+19%) from 2016

Expenses

Up

$497,488

Up $41,313 (+9.1%) from 2016

Net Income

Up

$86,795

Up $50,463 (+139%) from 2016

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

2017

Assets$425,671
Liabilities$51,800
Net Assets$373,871

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

2017

Revenue$584,283
Expenses$497,488
Net Income$86,795
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.2
Gross Receipts
$596,323
Mission and Program Overview

Mission

Promote the Gospel of Christ

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$162,045$168,740▲ $6,695
Savings and Temporary Cash Investments$92,522$94,003▲ $1,481
Cash and Non-Interest-Bearing Accounts$65,982$54,704▼ $11,278
Accounts Receivable$23,950$23,032▼ $918
Prepaid Expenses and Deferred Charges$4,092$6,592▲ $2,500
Intangible Assets$519$363▼ $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$352,888$425,671▲ $72,783
Other Assets Total$3,778$78,237▲ $74,459
Liabilities
Mortgage Notes Payable Secured by Investment Property$63,086$45,732▼ $17,354
Accounts Payable and Accrued Expenses$11,279$6,038▼ $5,241
Deferred Revenue-$30-
Total Liabilities$74,365$51,800▼ $22,565
Net Assets / Fund Balance
Unrestricted Net Assets$278,523$338,936▲ $60,413
Temporarily Rstr Net Assets-$34,935-
Total Net Assets Fund Balance$278,523$373,871▲ $95,348
Total Liabilities and Net Assets / Fund Balance$352,888$425,671▲ $72,783

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$113,754$223,639$337,393
Equipment$43,986$182,565$226,551
Land$11,000-$11,000
Other Land Buildings-$8,853$8,853
Other Assets Org$78,237--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Adam Q FraseGeneral ManagerFT$59,213$59,213

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
$306,067
Program Service Revenue
$211,156
Investment Income
$2,547
Other Revenue
$64,513
All Other Contributions
$306,067
Change in Net Assets
$86,795
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$364,465
Salaries, Compensation, and Employee Benefits$133,023
Total Fundraising Expense$10,059
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$57,673$18,371-$76,044
Current Officers, Directors, Trustees, and Key Employees$12,725$27,327-$40,052
All Other Expenses$26,038$8,011$1,125$35,174
Occupancy$18,969$6,324-$25,293
Depreciation Depletion$9,364$3,122-$12,486
Payroll Taxes$7,900$2,113-$10,013
Insurance$7,267$2,423-$9,690
Other Expenses$13,235$12,412$8,919$8,919
Advertising$6,986--$6,986
Other Employee Benefits$4,592$2,322-$6,914
Fees for Services Accounting$1,985$3,172-$5,157
Information Technology$2,587$862-$3,449
Fees for Services Legal$1,552$518-$2,070
Interest$1,363$454-$1,817
Travel$1,069$521-$1,590
Office Expenses$1,012$339-$1,351
Conferences and Meetings$240$45$15$300
Total Functional Expenses$211,791$275,638$10,059$497,488
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$29,287
Fundraising Direct Expenses$12,040
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Women's Conference$15,384$15,384$10,632$4,752
Comedy Night$8,938$8,938$1,408$7,530
Total Events$24,322$24,322$12,040$12,282
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
2018-11-15
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/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt03778
IRS990/OtherAssetsTotalGrp/EOYAmt078237
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02322
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt04592
IRS990/OtherEmployeeBenefitsGrp/TotalAmt06914
IRS990/OtherExpensesGrp/Desc0UBTI Expenses
IRS990/OtherExpensesGrp/Desc1Trade expenses
IRS990/OtherExpensesGrp/Desc2Program expenses
IRS990/OtherExpensesGrp/Desc3Fundraising expense
IRS990/OtherExpensesGrp/FundraisingAmt08919
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0187302
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt112412
IRS990/OtherExpensesGrp/ProgramServicesAmt037234
IRS990/OtherExpensesGrp/ProgramServicesAmt113235
IRS990/OtherExpensesGrp/TotalAmt0187302
IRS990/OtherExpensesGrp/TotalAmt149646
IRS990/OtherExpensesGrp/TotalAmt213235
IRS990/OtherExpensesGrp/TotalAmt38919
IRS990/OtherRevenueMiscGrp/BusinessCd0515100
IRS990/OtherRevenueMiscGrp/Desc0Trade Sales
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt047266
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt047266
IRS990/OtherRevenueTotalAmt047266
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt018371
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt057673
IRS990/OtherSalariesAndWagesGrp/TotalAmt076044
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02113
IRS990/PayrollTaxesGrp/ProgramServicesAmt07900
IRS990/PayrollTaxesGrp/TotalAmt010013
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04092
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06592
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1515100
IRS990/ProgramServiceRevenueGrp/Desc0Membership Dues & Assessments
IRS990/ProgramServiceRevenueGrp/Desc1Provide relig. radio time
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt122676
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1211150
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0188474
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0229460
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt057
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0341949
IRS990/PYOtherRevenueAmt055597
IRS990/PYProgramServiceRevenueAmt0207393
IRS990/PYRevenuesLessExpensesAmt036332
IRS990/PYSalariesCompEmpBnftPaidAmt0114226
IRS990/PYTotalExpensesAmt0456175
IRS990/PYTotalRevenueAmt0492507
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt086795
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt092522
IRS990/SavingsAndTempCashInvstGrp/EOYAmt094003
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0306073
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0229460
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0220877
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0230406
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0227298
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01214114
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt047
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt057
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01221
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02582
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02839
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt06746
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0211150
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0207393
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0194568
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0218988
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0235797
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01067896
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.53050
IRS990ScheduleA/PublicSupportPY170Pct00.49710
IRS990ScheduleA/PublicSupportTotal170Amt01214114
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0306073
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0229460
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0220877
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0230406
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0227298
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01214114
IRS990ScheduleA/TotalSupportAmt02288756
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0113754
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0223639
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0337393
IRS990ScheduleD/EquipmentGrp/BookValueAmt043986
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0182565
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0226551
IRS990ScheduleD/LandGrp/BookValueAmt011000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt011000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt078237
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Assets not in service
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08853
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt08853
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0168740
IRS990ScheduleD/TotalBookValueOtherAssetsAmt078237
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt012040
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Women's Conference
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Comedy Night
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt015384
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt08938
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt024322
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt015384
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt08938
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt024322
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt012282
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt012040

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