Civic Intelligence

Inspireducation Inc.

990EZ • Fiscal year 2022 • EIN 86-1775000

Jan 01, 2022 to Dec 31, 2022 • Filed on May 13, 2023

Organization Profile
2511 East Main StreetBexley, OH 43209

(614) 852-9942

Siviq Scores

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

Liabilities / Assets

98th percentile

3.51x

Higher debt load relative to assets than 98% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

93rd percentile

0.61x

Higher debt load relative to revenue than 93% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

60th percentile

11%

Higher net margin than 60% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

88th percentile

$33,241

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 21.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

82nd percentile

44%

Faster asset growth than 82% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

95th percentile

420%

Faster revenue growth than 95% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets98th percentile

Assets

Up

$27,525

Up $8,420 (+44%) from 2021

Net Assets

Up

-$69,042

Up $17,611 (+20%) from 2021

Liabilities

Down

$96,567

Down $9,191 (-8.7%) from 2021

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin60th percentile

Revenue

Up

$158,481

Up $128,022 (+420%) from 2021

Expenses

Up

$140,870

Up $23,758 (+20%) from 2021

Net Income

Up

$17,611

Up $104,264 (+120%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth82nd percentile

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

$150K$100K$50K$0-$50K-$100KAssets 2021: $19,105Liabilities 2021: $105,758Net Assets 2021: -$86,6532021Assets 2022: $27,525Liabilities 2022: $96,567Net Assets 2022: -$69,0422022Assets 2024: $17,304Liabilities 2024: $79,571Net Assets 2024: -$62,2672024

Highlighted filing

2022

Assets$27,525
Liabilities$96,567
Net Assets-$69,042
Open 2022 Filing

Operations Trend

Revenue Growth95th percentile

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

$400K$200K$0-$200KRevenue 2021: $30,459Expenses 2021: $117,112Net Income 2021: -$86,6532021Revenue 2022: $158,481Expenses 2022: $140,870Net Income 2022: $17,6112022Revenue 2024: $323,399Expenses 2024: $322,362Net Income 2024: $1,0372024

Highlighted filing

2022

Revenue$158,481
Expenses$140,870
Net Income$17,611
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 13, 2023
Return Version
2022v5.0
Gross Receipts
$158,481
Mission and Program Overview

Mission

post-secondary career and education advising

Program Services

DescriptionGrantsExpenses
Post secondary education advising for 51 students of Cornerstone Academy Ethopian Tewahedo Social Services Big Brothers & Sisters All That & Boys & Girls Club submitted 235 applications were awarded $1.6 million in renewable scholarships and $.652K in need based aid per year. Renewable four year scholarship total is $9.0 million.$0$106,057
Fund raising and grant award efforts to increase our funding and expand our reach to needy students.$0$22,955
Meetings with schools churches,& social groups to introduce them to our services$0$11,758
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard AlbeitCo-FounderFT$22,949$10,292$33,241
Alexandra GreeneCo-FounderFT$24,001$5,472$29,473
Yoshi AkutsuBoard President-$0--
Marai JohnsonBoard Secretary-$0--
Mark WeikerBoard Treasurer-$0--
Steve HammBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Inspireducation Inc
EIN
86-1775000
In Care Of
% Richard Albeit
Address
2511 East Main Street, Bexley, OH 43209

Signing Officer

Name
John Krulcik
Title
Friend of this organization
Signed
2023-05-13
Supplemental Narrative

Additional Explanations

Part I, line 16

“| Other Expenses:, Amount:| Line of credit interest, $4322| Business software subscriptions, $708| Bank & credit card fees, $403|”

Part II, line 24

“| Explanation:, BOYAmount:, EOYAmount:| Professional services invoice, $964, $1063|”

Part II, line 26

“| Explanation:, BOYAmount:, EOYAmount:| Line of credit and accrued interest credit balances & accounts payable, $105758, $96567|”

Raw XML Appendix162 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Board member
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Other Expenses:, Amount:| Line of credit interest, $4322| Business software subscriptions, $708| Bank & credit card fees, $403|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Explanation:, BOYAmount:, EOYAmount:| Professional services invoice, $964, $1063|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Explanation:, BOYAmount:, EOYAmount:| Line of credit and accrued interest credit balances & accounts payable, $105758, $96567|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part II, line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part II, line 26
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0John Krulcik
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Friend of this organization
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Inspireducation Inc
ReturnHeader/Filer/BusinessNameControlTxt0INSP
ReturnHeader/Filer/EIN0861775000
ReturnHeader/Filer/ForeignPhoneNum06148529942
ReturnHeader/Filer/InCareOfNm0% Richard Albeit
ReturnHeader/Filer/USAddress/AddressLine1Txt02511 East Main Street
ReturnHeader/Filer/USAddress/CityNm0Bexley
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd043209
ReturnHeader/ReturnTs02023-05-13T14:34:56-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$27,525
Liabilities
$96,567
Net assets
-$69,042
Revenue
$158,481
Expenses
$140,870
Net income
$17,611
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.80$0.62$3.23$3.22$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.28$0.97$0.69$1.58$1.41$0.18
2021Detailed filing. Detailed filing data is available for this year.$0.19$1.06$0.87$0.30$1.17$0.87