Inspire EIN 46-4838755 Form 990 (PDF) Claim this org

Inspire FY2020 filing

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Empowering youth through training, investment, and inspiration for their future success. For fiscal year 2020 it reported $367K in revenue, $234K in expenses, and $209K in net assets.Pt I

Type
Public charity (501(c)(3)) · Youth Development
Location
Commerce City, CO
Website
www.coloradoinspires.org
Filings
2 on file (2020–2020)
Revenue
$367KFY2020
Expenses
$234K
Net assets
$209K
People
4
Filings
2
Updates
0
More identity details & actions ⌄
EIN  46-4838755 Public charity (501(c)(3)) Commerce City, CO
Form 990 (PDF)
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Size
$100K–1M
What they do
Empowering youth through training, investment, and inspiration for their future success.
Leadership
Jesse Ramirez · Co Founder and Chief Executive Officer · $62K
Money in and out
$367K revenue, $234K expenses
Bottom line
43% program efficiency
Where the money goes · FY2020
Total revenue
$367K
Pt VIII · Ln 12
Total expenses
$234K
Pt IX · Ln 25
Net assets
$209K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $134K
Where spending went · Part IX cols B–D
Program services $0.43 Management & general $0.57
Program efficiency
43%
of spending reaches programs
Operating runway
11.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+36%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$367K
FY2020
Expenses
$234K
FY2020
Total assets
$216K
FY2020
Total liabilities
$6K
FY2020
Total revenue
$367K
Pt VIII · Ln 12
Total expenses
$234K
Pt IX · Ln 25
Net assets
$209K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$134K
Total assetsPt X · Ln 16$216K
Program-expense ratioPt IX · col B43%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CInspire
EINHdr · item D46-4838755
Principal addressHdr · item CCommerce City, CO
WebsiteHdr · item Jwww.coloradoinspires.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFYouth Development (O50)
Ruling yearIRS BMFAug 2024

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
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
Co Founder and Chief Executive Officer
$62,500Pt VII · Sec A
President of the Bod
$0Pt VII · Sec A
Secretary of the Bod
$0Pt VII · Sec A
Treasurer of the Bod
$0Pt VII · Sec A

Jesse Ramirez’s $65K as Co Founder and Chief Executive Officer is at the 56th percentile of top reported officer pay among 1984 $100K–1M youth development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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

NameFY2024FY2020
Jesse Ramirez$65,000$62,500

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

3 program services account for $53K of program spending, described in the organization's own filed words · FY2020.
01

Change Agent Institute

Colorado State University: 100-140 High School Seniors (i.e. Change Agents), 3 Day training, students are empowered to explore college and career options; Change Agents have opportunity to meet college and professional mentors; Change Agents learn about college process

$25Kprogram expense
02

Lighting Hearts on Fire

University of Colorado at Denver; 130 High School Students (i.e. Change Agents); Change Agents explore their college lists; Empowered to break cycles faced by 1st Generation College Students; Change Agents explore their leadership styles.

$15Kprogram expense
03

Empowering 7 Generations of Activists

University of Colorado at Boulder; 100 High School Students (i.e. Change Agents); Have opportunity to explore their family histories; Identify career pathways based on their educational levels; Explore ways to help fund their college aspirations.

$12Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$344K · 94%
Contributions & grants$23K · 6%
Program service revenue94%$344K
Contributions & grants6%$23K
Investment income$52
— government grantsLn 1e$23K
Total revenueLn 12$367K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.43 Management & general $0.57
Program services43%$100K
Management & general57%$134K
Total functional expensesLn 25$234K

Balance Sheet

Part X · end of year
CashLn 1$216K
Total assetsLn 16$216K
Total liabilitiesLn 26$6K
Total net assetsLn 32$209K
Months of cash on handcomputed11.1

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $216K · Operating expenses/yr $234K
11.1 months
Where the money goes
Program services
Program services $100K · Total expenses $234K
43%
Management & General
Management & general $134K · Total expenses $234K
57%
Fundraising
Fundraising $0 · Total expenses $234K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $23K · Total revenue $367K
6%
Government reliance
Government grants $23K · Total revenue $367K
6%
Earned-income share
Program service revenue $344K · Total revenue $367K
94%
Investment reliance
Investment income $52 · Total revenue $367K
+0.01%
Program self-sufficiency
Program service revenue $344K · Total expenses $234K
147%
Growth & trend
Revenue growth (YoY)
This year $367K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $209K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $367K · Expenses $234K
+36%
Liabilities-to-Assets
Total liabilities — · Total assets $216K
Net-asset ratio
Net assets $209K · Total assets $216K
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $216K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jesse Ramirez · Reported title Co Founder and Chief Executive Officer · Highest reported compensation $62K · Total expenses $234K
27%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $130K · Total expenses $234K
56%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 43%
Overhead ratio 57%
Fundraising cost ratio 0%
Accounting fee ratio 0.7%

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 3 funders$181K
See all 3 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
FY2024 (Latest)$720K revenue · ⤓ 990 PDF
FY2023not on file
FY2022not on file
FY2021not on file
FY2020$367K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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