Overview
What is Inspired Nation Inc?
Inspired Nation Inc is a nonprofit organization situated in York, Maine, with a mission to connect the aspirations and abilities of young people with their vision of a brighter, more motivated future. They achieve this by hosting regional singing competitions, showcasing talented individuals between the ages of 12 and 21. These events not only serve as a platform for showcasing talent but also contribute to community building. By sponsoring these competitions, Inspired Nation raises funds and awareness for local charities that focus on youth development. The goal is to organize 5 to 10 regional events annually, leading up to a national competition featuring regional winners.
Official website here: www.inspirednation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star Rating
Inspired Nation Inc has received an 83% score from Charity Navigator, indicating a solid level of accountability and finance management for the organization. The rating is derived entirely from their Accountability & Finance score, which reflects a strong commitment to transparency and responsible fiscal practices. The charity boasts a fully independent board, with 100% of its members being independent, and a favorable liabilities to assets ratio of just 2.64%.
While the organization demonstrates strong strengths, such as a high program expense ratio of 78.54%, it has notable gaps in its governance policies. Specifically, Inspired Nation Inc lacks a whistleblower policy and a document retention and destruction policy, which are important for safeguarding against potential misconduct and ensuring proper management of records. These missing policies may raise concerns about internal controls and oversight.
Overall, Inspired Nation Inc exhibits commendable financial management and accountability; however, addressing the identified governance policy gaps could enhance its standing and operational integrity further. Continued focus on improving these areas will be essential for building greater trust among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Inspired Nation Inc legitimate?
Inspired Nation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Inspired Nation Inc 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: $0
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Official website here: www.inspirednation.org
What is the mission statement of Inspired Nation Inc?
Inspired Nation Inc, as an organization, is committed to bridging the gap between the aspirations and talents of young individuals and their vision for a more inspiring world. The primary objective of Inspired Nation is to foster growth among youth, foster community, and generate funds and awareness. They achieve this by sponsoring regional vocal competitions for singers and artists aged between 12 and 21. These events not only showcase talent but also draw attention to community needs, with all proceeds being donated to local charities that primarily benefit youth. Inspired Nation aims to organize 5-10 such regional events annually, culminating in a national competition featuring regional winners.
Official website here: www.inspirednation.org
Who is the CEO of Inspired Nation Inc?
Kara Dioguardi is the President of Inspired Nation Inc.
Official website here: www.inspirednation.org
What is the revenue of Inspired Nation Inc?
Inspired Nation Inc's revenue in 2022 was $59,526.
Official website here: www.inspirednation.org
Who are the executives of Inspired Nation Inc and what are their salaries?
There 4 volunteers at Inspired Nation Inc.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.inspirednation.org
Where can I find the form 990 for Inspired Nation Inc?
Inspired Nation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.inspirednation.org
Learn more at the official website: www.inspirednation.org
Mission Statement of Inspired Nation Inc
Inspired Nation, an organization, is committed to bridging the gap between the aspirations and talents of young individuals and their vision of a more enlightened future. The mission of this nonprofit is centered around fostering young talent, fostering community, and raising funds and awareness for worthy causes that positively impact youth. To achieve this, Inspired Nation sponsors vocal competitions in various regions. These events showcase singers and artists aged between 12 and 21, simultaneously highlighting community needs. A significant aspect of these events is the donation of all proceeds to local charities that specifically benefit youth. Inspired Nation aims to organize 5 to 10 regional competitions annually, culminating in a national competition where the regional winners compete against each other.
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Impact
August, 2024
Inspired Nation Inc's impact is evident through its efforts to foster young talent, build community, and raise money and awareness through regional benefit vocal competitions. By providing a platform for singers and artists between the ages of 12 - 21 to showcase their abilities, Inspired Nation not only celebrates the talent of the youth but also directs the proceeds from these events to local charities benefiting young individuals in need. Through their mission to inspire a better world and support the dreams of the youth, Inspired Nation is making a tangible difference in communities across the country.
This information is meant to be a general summary of Inspired Nation Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $32,833
- Gross Receipts: $59,526
Assets and Liabilities:
- Total Assets: $61,133
- Total Liabilities: $1,618
- Net Assets: $59,515
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Organization Details
Founding Year
2017
Phone
(917) 826-9928Principal Officer
Kara Dioguardi
Main Address
1 Dabney Lane, York, ME, 03909
Website
www.inspirednation.orgNTEE Category
Code: A6B - Arts
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