Inheritance Fire FY2024 filing

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EIN 43-1712018 Public charity (501(c)(3)) Franklin, TN
Form 990 (PDF)

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Revenue & expenses by yearFY2021–FY2025
Revenue
$818K
FY2024▼ -20%
Expenses
$799K
FY2024▼ -2%

Form 990 for the fiscal year ending June 2024 (IRS tax year 2023).


Empowering leaders to create lasting change for children in conflict, trafficking, and persecution. For fiscal year 2024 it reported $818K in revenue, $799K in expenses, and $623K in net assets.Pt I

Type
Public charity (501(c)(3)) · Nonprofit
Location
Franklin, TN
Website
in-fire.org
Filings
5 on file (2021–2024)
Revenue
$818KFY2024
Expenses
$799K
Net assets
$623K
People
6
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Size
$100K–1M
What they do
Empowering leaders to create lasting change for children in conflict, trafficking, and persecution.
Leadership
Marcus Young · President & CEO · $73K
Money in and out
$818K revenue, $799K expenses
Bottom line
100% program efficiency

What Funders Ask

6 questions, answered from this org's own filings

Will my donation be tax-deductible?

GOOD

Yes — A charitable, religious, educational, scientific, or literary organization. Contributions are generally tax-deductible for donors.

IRS Business Master File records this organization as tax-exempt with deductible contributions. See detail →

Can I donate to this org right now?

GOOD

No revocation on IRS record

This EIN does not appear on the IRS auto-revocation list. See detail →

Is this organization up to date?

GOOD

Filed FY2024 (typical filing lag)

Most recent Form 990 on file is for fiscal year 2024 (2 years ago). See detail →

Is it receiving grants from reputable foundations?

GOOD

4 funders, incl. International Generosity Foundation Trust

4 distinct foundation funder(s) on file, $275K received in the most recent year with grants. See detail →

How is the money spent?

GOOD

100% to programs

100% of total functional expenses went to program services in the most recent filing (Form 990 Part IX); the rest is overhead and fundraising. See detail →

What's its financial size and trend?

NEUTRAL

$100K–1M · ↓ -20% vs prior year

Revenue band $100K–1M, -20% versus the prior filing year (down). See detail →

Where the money goes · FY2024
Total revenue
$818K
Pt VIII · Ln 12
Total expenses
$799K
Pt IX · Ln 25
Net assets
$623K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $19K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs
Operating runway
11.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+2%
revenue over expenses, this year

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Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$784K
FY2024▲ +21%
Total liabilities
$160K
FY2024▼ -4%
Revenue less expensesPt I · Ln 19$19K
Total assetsPt X · Ln 16$784K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CInheritance Fire
EINHdr · item D43-1712018
Principal addressHdr · item CFranklin, TN
WebsiteHdr · item Jin-fire.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFMay 2003

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
President & CEO
$72,748Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
De Facto Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Marcus Young$76,706$72,748$67,203$65,564$120,098

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $799K of program spending, described in the organization's own filed words · FY2023.
01

Providing shelter, care, protection, education, and skills opportunities for high risk children. Throughout infires programs throughout mekong basin, northern highlands, mindanao and parts of latin america, they have developed sustainable and safe home locations, capacitated local leaders, built local volunteer teams, and extended…

$799Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$813K · 99%
Investment income$4K · 1%
Contributions & grants99%$813K
Investment income1%$4K
Total revenueLn 12$818K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$799K
Total functional expensesLn 25$799K

Balance Sheet

Part X · end of year
CashLn 1$328K
Total assetsLn 16$784K
Total liabilitiesLn 26$160K
Total net assetsLn 32$623K
Months of cash on handcomputed4.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $740K · Operating expenses/yr $799K
11.1 months
Where the money goes
Program services
Program services $799K · Total expenses $799K
100%
Management & General
Management & general $0 · Total expenses $799K
0%
Fundraising
Fundraising $0 · Total expenses $799K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $782K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $813K · Total revenue $818K
99%
Government reliance
Government grants — · Total revenue $818K
—
Earned-income share
Program service revenue $0 · Total revenue $818K
0%
Investment reliance
Investment income $4K · Total revenue $818K
+0.5%
Program self-sufficiency
Program service revenue $0 · Total expenses $799K
0%
Growth & trend
Revenue growth (YoY)
This year $818K · Prior year $1.0M
-20%
Net-asset trend (YoY)
End of year $623K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $818K · Expenses $799K
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $784K
—
Net-asset ratio
Net assets $623K · Total assets $784K
80%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $412K · Total assets (Pt X, ln 16) $784K
53%
People & payroll
Highest Reported Total Compensation
Individual Marcus Young · Reported title PRESIDENT & CEO · Highest reported compensation $73K · Total expenses $799K
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $80K · Total expenses $799K
10%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%——
Overhead ratio 0%——
Fundraising cost ratio 0%——
Revenue growth -20%——
Legal fee ratio <0.01%——
Accounting fee ratio 0.5%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 4 funders$275K
See all 4 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$983K revenue · ⤓ 990 PDF
FY2024$818K revenue · viewing · ⤓ 990 PDF
FY2023$1.0M revenue · ⤓ 990 PDF
FY2022$511K revenue · ⤓ 990 PDF
FY2021$580K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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