Civic Intelligence

Inspiring Futures Inc

EIN 92-2460863 • 501(c)3 • Bronx, NY

Profile

Inspiring nbsp;futures nbsp;was nbsp;formed nbsp;on nbsp;november nbsp;16 nbsp;2022 nbsp;its nbsp;mission nbsp;is nbsp;to nbsp;improve nbsp;high nbsp;school nbsp;and nbsp;college nbsp;educational nbsp;outcomes nbsp;for nbsp;youth nbsp;with nbsp;current nbsp;or nbsp;past nbsp;involvement nbsp;in nbsp;the nbsp;child nbsp;welfare nbsp;homeless nbsp;juvenile nbsp;justice nbsp;systems nbsp;through nbsp;comprehensive nbsp;and nbsp;flexible nbsp;mental nbsp;health nbsp;and nbsp;academic nbsp;support

461 W 126th StBronx, NY 10462

www.inspiringfutures.us

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

73rd percentile

0.18x

Higher debt load relative to assets than 73% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

74th percentile

0.15x

Higher debt load relative to revenue than 74% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

71st percentile

18%

Higher net margin than 71% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

91st percentile

70%

Faster asset growth than 91% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

86th percentile

58%

Faster revenue growth than 86% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Up

$431,703

Up $178,295 (+70%) from 2024

Liabilities

Up

$76,715

Up $64,744 (+541%) from 2024

Net Assets

Up

$354,988

Up $113,551 (+47%) from 2024

Operations
Liabilities / Revenue74th percentileNet Margin71st percentile

Revenue

Up

$504,192

Up $184,188 (+58%) from 2024

Expenses

Up

$415,641

Up $268,042 (+182%) from 2024

Net Income

Down

$88,551

Down $83,854 (-49%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth91st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2022: $117,024Net Assets 2022: $117,0242022Assets 2023: $117,024Net Assets 2023: $117,0242023Assets 2024: $253,408Liabilities 2024: $11,971Net Assets 2024: $241,4372024Assets 2025: $431,703Liabilities 2025: $76,715Net Assets 2025: $354,9882025

Highlighted filing

2025

Assets$431,703
Liabilities$76,715
Net Assets$354,988
Open 2025 Filing

Operations Trend

Revenue Growth86th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0Revenue 2022: $129,700Expenses 2022: $12,676Net Income 2022: $117,0242022Revenue 2023: $129,700Expenses 2023: $12,676Net Income 2023: $117,0242023Revenue 2024: $320,004Expenses 2024: $147,599Net Income 2024: $172,4052024Revenue 2025: $504,192Expenses 2025: $415,641Net Income 2025: $88,5512025

Highlighted filing

2025

Revenue$504,192
Expenses$415,641
Net Income$88,551
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$431,703
Liabilities
$76,715
Net assets
$354,988
Revenue
$504,192
Expenses
$415,641
Net income
$88,551
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.32$0.77$3.55$5.04$4.16$0.89
2024Detailed filing. Detailed filing data is available for this year.$2.53$0.12$2.41$3.20$1.48$1.72
2023Detailed filing. Detailed filing data is available for this year.$1.17$1.17$1.30$0.13$1.17
2022Detailed filing. Detailed filing data is available for this year.$1.17$1.17$1.30$0.13$1.17
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 6, 2025
Return Version
2024v5.0
Gross Receipts
$504,192
Mission and Program Overview

Mission

Provide mental health and educational services to system involved youth and train the community to increase support.

Inspiring futures was formed on november 16, 2022 . Their mission is to improve high school and college educational outcomes for youth with current or past involvement in the child welfare, homeless, juvenile justice systems through comprehensive and flexible mental health and academic support.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$250,395$204,191▼ $46,204
Savings and Temporary Cash Investments-$150,000-
Accounts Receivable$26,271$75,000▲ $48,729
Prepaid Expenses and Deferred Charges$1,742$2,512▲ $770
Total Assets$278,408$431,703▲ $153,295
Liabilities
Deferred Revenue-$50,000-
Other Liabilities$2,461$19,772▲ $17,311
Accounts Payable and Accrued Expenses$9,510$6,943▼ $2,567
Total Liabilities$11,971$76,715▲ $64,744
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$266,437$354,988▲ $88,551
Total Net Assets Fund Balance$266,437$354,988▲ $88,551
Total Liabilities and Net Assets / Fund Balance$278,408$431,703▲ $153,295
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Vicky GaralinaExecutive DiFT$70,000$70,000

Board Members and Trustees

NameTitle
Henry LoveBoard Presid
Dora OwuorBoard Secret
Nicholas WooBoard Treasu
Victor TarantinoCompliance O
SHAWN O'RILEYGeneral Boar
Salem AboghodiehGeneral Boar
Terrence SmithGeneral Boar
Revenue and Support

Revenue Composition

Contributions and Grants
$491,843
Program Service Revenue
$10,201
Investment Income
$2,148
Other Revenue
$0
All Other Contributions
$491,843
Change in Net Assets
$88,551
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$332,757
Other Expenses$82,884
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$120,747$38,829-$159,576
Other Employee Benefits$64,911$16,229-$81,140
Current Officers, Directors, Trustees, and Key Employees$70,000--$70,000
Fees for Services Other$23,291--$23,291
Payroll Taxes$17,633$4,408-$22,041
Fees for Services Accounting-$18,867-$18,867
Office Expenses$3,259$815-$4,074
Occupancy$2,821$705-$3,526
Conferences and Meetings$1,465--$1,465
Insurance-$1,041-$1,041
Other Expenses$2,069$416-$416
Total Functional Expenses$333,814$81,827$0$415,641
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Pto Liability$18,634
Payroll Liabilities$1,138
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“A draft of form 990 was provided to the governing body for review and approval, before it was submitted. This form 990 is prepared by independent accountant, reviewed by executive director, vicky garalina, or nicholas woo, board treasurer, and filed by independent accountant the financial numbers listed on form 990 corresponds with the financial statements as per general ledger accounting reports have been prepared to back up all data entered.”

Form 990, Page 6, Part VI, Line 12C

“All employees are provided a summary of conflict of interest policy and must sign and complete an acknowliedgement of its receipt at time of hire and thereafter board of directors sign it every year. All employees are provided a whistleblower policy and must sign and complete an acknowledgment of its receipt at time of hire and thereafter board of directors sign it every year.”

Form 990, Page 6, Part VI, Line 15A

“The compensation of ceo/executive director is decided by organization budget and peer benchmarking and vote by governing board.”

Form 990, Page 6, Part VI, Line 19

“AVAILABLE UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Inspiring Futures Inc
EIN
92-2460863
Phone
9293767537
Address
461 W 126TH ST 5W, NEW YORK, NY 10027

Signing Officer

Name
Vicky Garalina
Title
Executive Director
Phone
9293767537
Signed
2025-10-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Vicky Garalina
Formed
2022
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
0
Employees
6
Volunteers
2

Preparer

Firm
Lehman Flynn Vollaro Ny Cpas Pllc
Address
534 BROADHOLLOW ROAD - SUITE 302, MELVILLE, NY 11747
Preparer
Gregory Walsh
Phone
2127362220
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Inspiring futures was formed on november 16, 2022 . Their mission is to improve high school and college educational outcomes for youth with current or past involvement in the child welfare, homeless, juvenile justice systems through comprehensive and flexible mental health and academic support.”

Form 990, Page 5, Part V, Line 3B

“The organization did not have any unrelated business gross income for the tax year. Its revenue comprised of foundation and corporate grants, individual donations, and revenue that is related to its charitable purposes.”

Raw XML Appendix360 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt09510
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt06943
IRS990/AccountsReceivableGrp/BOYAmt026271
IRS990/AccountsReceivableGrp/EOYAmt075000
IRS990/AcctCompileOrReviewBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0INSPIRING FUTURES WAS FORMED ON NOVEMBER 16, 2022 . THEIR MISSION IS TO IMPROVE HIGH SCHOOL AND COLLEGE EDUCATIONAL OUTCOMES FOR YOUTH WITH CURRENT OR PAST INVOLVEMENT IN THE CHILD WELFARE, HOMELESS, JUVENILE JUSTICE SYSTEMS THROUGH COMPREHENSIVE AND FLEXIBLE MENTAL HEALTH AND ACADEMIC SUPPORT.
IRS990/AllOtherContributionsAmt0491843
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0VICKY GARALINA
IRS990/BooksInCareOfDetail/PhoneNum09293767537
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0778 MORRIS PARK AVE
IRS990/BooksInCareOfDetail/USAddress/AddressLine2Txt0778 MORRIS PARK AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0BRONX
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010462
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0250395
IRS990/CashNonInterestBearingGrp/EOYAmt0204191
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt070000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt070000
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt01465
IRS990/ConferencesMeetingsGrp/TotalAmt01465
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0491843
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02148
IRS990/CYOtherExpensesAmt082884
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt010201
IRS990/CYRevenuesLessExpensesAmt088551
IRS990/CYSalariesCompEmpBnftPaidAmt0332757
IRS990/CYTotalExpensesAmt0415641
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0504192
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/EOYAmt050000
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0INSPIRING FUTURES INC PROVIDES MENTAL HEAL AND EDUCATIONAL SERVICES TO SYSTEM INVOLVED YOUTH AND TRAIN THE COMMUNITY TO INCREASE SUPPORT. THEIR MISSION IS TO INCREASE HIGH SCHOOL AND COLLEGE GRADUATION RATES FOR THIS POPULATION.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0333814
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt018867
IRS990/FeesForServicesAccountingGrp/TotalAmt018867
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt023291
IRS990/FeesForServicesOtherGrp/TotalAmt023291
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0VICKY GARALINA
IRS990/Form990PartVIISectionAGrp/PersonNm1SALEM ABOGHODIEH
IRS990/Form990PartVIISectionAGrp/PersonNm2HENRY LOVE
IRS990/Form990PartVIISectionAGrp/PersonNm3SHAWN O'RILEY
IRS990/Form990PartVIISectionAGrp/PersonNm4DORA OWUOR
IRS990/Form990PartVIISectionAGrp/PersonNm5TERRENCE SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm6VICTOR TARANTINO
IRS990/Form990PartVIISectionAGrp/PersonNm7NICHOLAS WOO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt070000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1GENERAL BOAR
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD PRESID
IRS990/Form990PartVIISectionAGrp/TitleTxt3GENERAL BOAR
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD SECRET
IRS990/Form990PartVIISectionAGrp/TitleTxt5GENERAL BOAR
IRS990/Form990PartVIISectionAGrp/TitleTxt6COMPLIANCE O
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD TREASU
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02022
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0504192
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartVInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01041
IRS990/InsuranceGrp/TotalAmt01041
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt02148
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02148
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0INSPIRING FUTURES WAS FORMED ON NOVEMBER 16, 2022 . THEIR MISSION IS TO IMPROVE HIGH SCHOOL AND COLLEGE EDUCATIONAL OUTCOMES FOR YOUTH WITH CURRENT OR PAST INVOLVEMENT IN THE CHILD WELFARE, HOMELESS, JUVENILE JUSTICE SYSTEMS THROUGH COMPREHENSIVE AND FLEXIBLE MENTAL HEALTH AND ACADEMIC SUPPORT.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0266437
IRS990/NetAssetsOrFundBalancesEOYAmt0354988
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0266437
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0354988
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0705
IRS990/OccupancyGrp/ProgramServicesAmt02821
IRS990/OccupancyGrp/TotalAmt03526
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0815
IRS990/OfficeExpensesGrp/ProgramServicesAmt03259
IRS990/OfficeExpensesGrp/TotalAmt04074
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt016229
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt064911
IRS990/OtherEmployeeBenefitsGrp/TotalAmt081140
IRS990/OtherExpensesGrp/Desc0YOUTH PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc1SOFTWARE AND TECHNOLOGY
IRS990/OtherExpensesGrp/Desc2BANK AND MERCHANT FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0517
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1416
IRS990/OtherExpensesGrp/ProgramServicesAmt027618
IRS990/OtherExpensesGrp/ProgramServicesAmt12069
IRS990/OtherExpensesGrp/TotalAmt027618
IRS990/OtherExpensesGrp/TotalAmt12586
IRS990/OtherExpensesGrp/TotalAmt2416
IRS990/OtherLiabilitiesGrp/BOYAmt02461
IRS990/OtherLiabilitiesGrp/EOYAmt019772
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt038829
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0120747
IRS990/OtherSalariesAndWagesGrp/TotalAmt0159576
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04408
IRS990/PayrollTaxesGrp/ProgramServicesAmt017633
IRS990/PayrollTaxesGrp/TotalAmt022041
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01742
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02512
IRS990/PrincipalOfficerNm0VICKY GARALINA
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt010201
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt010201
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0320004
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt054589
IRS990/PYRevenuesLessExpensesAmt0172405
IRS990/PYSalariesCompEmpBnftPaidAmt093010
IRS990/PYTotalExpensesAmt0147599
IRS990/PYTotalRevenueAmt0320004
IRS990/ReconcilationRevenueExpnssAmt088551
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt010201
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0150000
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt04,348
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0491843
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0218614
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0128600
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0839057
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt012349
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt012349
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt02148
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt01100
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt01100
IRS990ScheduleA/OtherIncome509Grp/TotalAmt04348
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99490
IRS990ScheduleA/PublicSupportPY509Pct00.99370
IRS990ScheduleA/PublicSupportTotal509Amt0851406
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0504192
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0218614
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0128600
IRS990ScheduleA/Total509Grp/TotalAmt0851406
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0506340
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0219714
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0129700
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0855754
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt018634
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11138
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PTO LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL LIABILITIES
IRS990ScheduleD/TotalLiabilityAmt019772
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INSPIRING FUTURES WAS FORMED ON NOVEMBER 16, 2022 . THEIR MISSION IS TO IMPROVE HIGH SCHOOL AND COLLEGE EDUCATIONAL OUTCOMES FOR YOUTH WITH CURRENT OR PAST INVOLVEMENT IN THE CHILD WELFARE, HOMELESS, JUVENILE JUSTICE SYSTEMS THROUGH COMPREHENSIVE AND FLEXIBLE MENTAL HEALTH AND ACADEMIC SUPPORT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DID NOT HAVE ANY UNRELATED BUSINESS GROSS INCOME FOR THE TAX YEAR. ITS REVENUE COMPRISED OF FOUNDATION AND CORPORATE GRANTS, INDIVIDUAL DONATIONS, AND REVENUE THAT IS RELATED TO ITS CHARITABLE PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A DRAFT OF FORM 990 WAS PROVIDED TO THE GOVERNING BODY FOR REVIEW AND APPROVAL, BEFORE IT WAS SUBMITTED. THIS FORM 990 IS PREPARED BY INDEPENDENT ACCOUNTANT, REVIEWED BY EXECUTIVE DIRECTOR, VICKY GARALINA, OR NICHOLAS WOO, BOARD TREASURER, AND FILED BY INDEPENDENT ACCOUNTANT THE FINANCIAL NUMBERS LISTED ON FORM 990 CORRESPONDS WITH THE FINANCIAL STATEMENTS AS PER GENERAL LEDGER ACCOUNTING REPORTS HAVE BEEN PREPARED TO BACK UP ALL DATA ENTERED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL EMPLOYEES ARE PROVIDED A SUMMARY OF CONFLICT OF INTEREST POLICY AND MUST SIGN AND COMPLETE AN ACKNOWLIEDGEMENT OF ITS RECEIPT AT TIME OF HIRE AND THEREAFTER BOARD OF DIRECTORS SIGN IT EVERY YEAR. ALL EMPLOYEES ARE PROVIDED A WHISTLEBLOWER POLICY AND MUST SIGN AND COMPLETE AN ACKNOWLEDGMENT OF ITS RECEIPT AT TIME OF HIRE AND THEREAFTER BOARD OF DIRECTORS SIGN IT EVERY YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE COMPENSATION OF CEO/EXECUTIVE DIRECTOR IS DECIDED BY ORGANIZATION BUDGET AND PEER BENCHMARKING AND VOTE BY GOVERNING BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 5, PART V, LINE 3B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0278408
IRS990/TotalAssetsEOYAmt0431703
IRS990/TotalAssetsGrp/BOYAmt0278408
IRS990/TotalAssetsGrp/EOYAmt0431703
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0491843
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt081827
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0333814
IRS990/TotalFunctionalExpensesGrp/TotalAmt0415641
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt011971
IRS990/TotalLiabilitiesEOYAmt076715
IRS990/TotalLiabilitiesGrp/BOYAmt011971
IRS990/TotalLiabilitiesGrp/EOYAmt076715
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0266437
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0354988
IRS990/TotalProgramServiceExpensesAmt0333814
IRS990/TotalProgramServiceRevenueAmt010201
IRS990/TotalReportableCompFromOrgAmt070000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt012349
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0504192
IRS990/TotalVolunteersCnt02
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0278408
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0431703
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.INSPIRINGFUTURES.US
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0VICKY GARALINA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09293767537
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INSPIRING FUTURES INC
ReturnHeader/Filer/BusinessNameControlTxt0INSP
ReturnHeader/Filer/EIN0922460863
ReturnHeader/Filer/PhoneNum09293767537
ReturnHeader/Filer/USAddress/AddressLine1Txt0461 W 126TH ST 5W
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010027
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0841874983
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LEHMAN FLYNN VOLLARO NY CPAS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0534 BROADHOLLOW ROAD - SUITE 302
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MELVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011747
ReturnHeader/PreparerPersonGrp/PhoneNum02127362220
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GREGORY WALSH
ReturnHeader/ReturnTs02025-10-20T10:07:57-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.