Inspire Innovation Lab

990 • Fiscal year 2021 • EIN 47-0973679

Jul 01, 2020 to Jun 30, 2021

Organization Profile WWW.INSPIREINNOVATIONLAB.ORG

Moorhead, MN

Siviq Scores

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

1.50x

Higher debt load relative to assets than 96% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

0.11x

Higher debt load relative to revenue than 80% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

-1.7%

Higher net margin than 33% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

No value available

This filing does not contain officer compensation rows.

Source year 2021

2.8%

Faster asset growth than 46% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

37%

Faster revenue growth than 70% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet

Liabilities / Assets96th percentile

Assets

$14,458

Up $389 (+2.8%) from 2020

Net Assets

-$7,204

No earlier filing loaded for comparison.

Liabilities

$21,662

Up $3,762 (+21%) from 2020

Revenue And Expenses

Liabilities / Revenue80th percentile Net Margin33rd percentile

Revenue

$203,844

Up $54,604 (+37%) from 2020

Expenses

$207,217

Up $33,023 (+19%) from 2020

Net Income

-$3,373

Up $21,581 (+86%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth46th percentile

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

Highlighted filing

2021

Assets$14,458

Liabilities$21,662

Net Assets-$7,204

Open 2021 Filing

Operations Trend

Revenue Growth70th percentile

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

Highlighted filing

2021

Revenue$203,844

Expenses$207,217

Net Income-$3,373

Open 2021 Filing

Filing Detail Status

This 2021 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, 2020 to Jun 30, 2021

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

2021 • Form 990Summary only. Only limited summary data is available for this year.

Open filing

Assets: $14,458
Liabilities: $21,662
Net assets: -$7,204
Revenue: $203,844
Expenses: $207,217
Net income: -$3,373

	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