Inspire Innovation Lab

990EZ • Fiscal year 2020 • EIN 47-0973679

Jul 01, 2019 to Jun 30, 2020

Organization Profile WWW.INSPIREINNOVATIONLAB.ORG

Moorhead, MN

Siviq Scores

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

1.27x

Higher debt load relative to assets than 95% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

0.12x

Higher debt load relative to revenue than 78% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

-17%

Higher net margin than 23% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

No value available

This filing does not contain officer compensation rows.

Source year 2020

-37%

Faster asset growth than 12% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

-18%

Faster revenue growth than 46% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet

Liabilities / Assets95th percentile

Assets

Down

$14,069

Down $8,331 (-37%) from 2019

Net Assets

No earlier filing loaded for comparison.

Liabilities

$17,900

Up $16,623 (+1302%) from 2019

Revenue And Expenses

Liabilities / Revenue78th percentile Net Margin23rd percentile

Revenue

Down

$149,240

Down $33,391 (-18%) from 2019

Expenses

$174,194

Up $5,490 (+3.3%) from 2019

Net Income

Down

-$24,954

Down $38,881 (-279%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

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

Highlighted filing

2020

Assets$14,069

Liabilities$17,900

Net Assets-

Open 2020 Filing

Operations Trend

Revenue Growth46th percentile

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

Highlighted filing

2020

Revenue$149,240

Expenses$174,194

Net Income-$24,954

Open 2020 Filing

Filing Detail Status

This 2020 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2024)

Jump To

Filing Snapshot

Filing Period: Jul 1, 2019 to Jun 30, 2020

Mission and Program Overview

Mission

To provide professional development, student programming, and innovative learning experiences for teachers, students and the community in an effort to achieve widespread educational impact with a focus toward the empowerment of underrepresented groups.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZSummary only. Only limited summary data is available for this year.

Open filing

Assets: $14,069
Liabilities: $17,900
Net assets: -
Revenue: $149,240
Expenses: $174,194
Net income: -$24,954

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.18	$0.17	$0.01	$4.01	$4.17	$0.16
2023Summary only. Only limited summary data is available for this year.	$0.38	$0.21	$0.17	$3.91	$3.83	$0.08
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.35	$0.26	$0.09	$2.89	$2.73	$0.16
2021Summary only. Only limited summary data is available for this year.	$0.14	$0.22	$0.07	$2.04	$2.07	$0.03
2020Summary only. Only limited summary data is available for this year.	$0.14	$0.18		$1.49	$1.74	$0.25
2019Summary only. Only limited summary data is available for this year.	$0.22	$0.01		$1.83	$1.69	$0.14
2018Detailed filing. Detailed filing data is available for this year.	$0.07		$0.07	$1.36	$1.51	$0.15
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.73		$0.73	$1.51	$1.14	$0.37
2016Summary only. Only limited summary data is available for this year.	$0.35	$0.00		$0.84	$0.59	$0.25