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Inspire Innovation Lab

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 470973679 ✦ Moorhead, MN ✦ Designated as a 501(c)(3)

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Overview

What is Inspire Innovation Lab?

Inspire Innovation Lab is a nonprofit organization based in Moorhead, Minnesota, with 19 employees. Their primary mission is to enhance STEM education by providing resources and continuing education to teachers, implementing innovative programs for students, and engaging the local community. The lab fosters partnerships with local businesses to offer volunteer, financial, and mentoring support, with a focus on empowering underrepresented groups. Their activities extend beyond schools, aiming to foster STEM entrepreneurial and artistic fluency in the broader community.


Official website here: www.inspireinnovationlab.org

What do the Facebook reviews say about Inspire Innovation Lab?

100% of 28 reviewers on Facebook recommend Inspire Innovation Lab. Here is a summary of their reviews:

The feedback highlights the positive experiences parents and children have at the Inspire Lab, particularly praising the afterschool program for its engaging and enjoyable environment. Many appreciate the lab’s strong focus on STEM education, noting how it serves as a valuable local resource for the community.

The warm and friendly nature of the staff also receives frequent commendation, contributing to the overall welcoming atmosphere of the facility. Parents feel reassured knowing their children are not only having fun but also learning and exploring important concepts in science, technology, engineering, and math.


This AI summary has been generated from reviews found on Facebook.

Is Inspire Innovation Lab legitimate?

Inspire Innovation Lab is a legitimate nonprofit organization registered as a 501(c)(3) entity. Inspire Innovation Lab submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $168,970

For more financial information, click here


Official website here: www.inspireinnovationlab.org

What is the mission statement of Inspire Innovation Lab?

The Inspire Innovation Lab is dedicated to providing professional development, student programming, and innovative learning experiences for teachers, students, and the community. Their primary focus is on achieving widespread educational impact, particularly for underrepresented groups. To accomplish this, they develop and provide STEM educational resources and continuing education to instructors. They also implement STEM, entrepreneurial, and art educational programs and support for primary and secondary students, as well as the community. Furthermore, they foster a network of businesses seeking to provide volunteer, financial, and mentoring assets to increase STEM entrepreneurial and art fluency within the educational milieu.


Official website here: www.inspireinnovationlab.org

Who is the CEO of Inspire Innovation Lab?

Carrie Leopold is the Board Member of Inspire Innovation Lab.


Official website here: www.inspireinnovationlab.org

What is the revenue of Inspire Innovation Lab?

Inspire Innovation Lab's revenue in 2022 was $289,326.


Official website here: www.inspireinnovationlab.org

Who are the executives of Inspire Innovation Lab and what are their salaries?

The average compensation at Inspire Innovation Lab during 2022 was $8,893. There are 19 employees at Inspire Innovation Lab.


Here are 4 key members and their salaries:


Ruth Buffalo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrie Leopold (Pres/Board C)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allen Ralston (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.inspireinnovationlab.org

Where can I find the form 990 for Inspire Innovation Lab?

Inspire Innovation Lab's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.inspireinnovationlab.org

Learn more at the official website: www.inspireinnovationlab.org

Mission Statement of Inspire Innovation Lab

Inspire Innovation Lab, a nonprofit organization, is committed to providing widespread educational impact with a focus on empowering underrepresented groups. They accomplish this goal by offering professional development opportunities for teachers, engaging students in innovative learning experiences, and fostering a community-wide commitment to STEM education. The organization's mission is to develop and provide STEM educational resources and continuing education for instructors, implement STEM, entrepreneurial, and art educational programs for primary and secondary students, and extend these programs to the broader community. Inspire Innovation Lab aims to establish a network of local businesses eager to contribute volunteer, financial, and mentoring assets to enhance STEM entrepreneurial and art proficiency within the educational environment of the region.

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Impact




October, 2024

Inspire Innovation Lab has a significant impact on education within the community by providing professional development, student programming, and innovative learning experiences tailored to empower underrepresented groups. It focuses on developing and delivering STEM educational resources, as well as continuing education for instructors, ensuring that teachers are equipped with the latest tools and knowledge.

The Lab also implements educational programs in STEM, entrepreneurship, and the arts for primary and secondary students, creating pathways for engagement and skill-building. By fostering a network of local businesses, it enhances community involvement through volunteer opportunities, financial support, and mentoring, which collectively work to increase fluency in STEM, entrepreneurial, and artistic disciplines.

Overall, Inspire Innovation Lab plays a crucial role in enriching the educational landscape in Moorhead, MN, by enabling access to quality resources and experiences that inspire creativity and innovation across diverse populations.




This information is meant to be a general summary of Inspire Innovation Lab. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$289,326 (2022)
Expenses
$273,186 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1
  • Program Service Revenue: $247,318
  • Gross Receipts: $289,326

Assets and Liabilities:

  • Total Assets: $34,551
  • Total Liabilities: $25,615
  • Net Assets: $8,936

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE REVENUE

Revenue

$247,318

Organization Details

Founding Year

2014

Principal Officer

Carrie Leopold

Main Address

810 4TH AVE S SUITE 101, MOORHEAD, MN, 56560

NTEE Category

Code: B90 - Education

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