Overview
What is Inspiracion Inc?
Inspiracion Inc, based in Waco, Texas, is a nonprofit organization with a mission to uplift at-risk Latino families and break the cycle of poverty. They achieve this by fostering parenting knowledge and skills, which in turn, positively impacts the children's development. Their activities include working closely with one or more school districts, supporting state educational objectives, and making parents active partners in their children's education. They provide funds and resources to enhance the educational process for underperforming schools, reducing drop-out rates, and preparing students for higher education and employment. Their services also extend to supporting parents and their young children, with a focus on first-generation immigrants and those living in poverty.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that while Inspiracion Inc is performing adequately, there is room for improvement in its overall accountability and financial health. The organization has a solid foundation in governance, with a full score for having an independent board and maintaining transparency through documented board meeting minutes.
Strengths of Inspiracion Inc include an exceptional program expense ratio of 91.32%, which reflects a strong commitment to directing funds towards its mission rather than administrative costs. Additionally, the organization has recorded no material diversion of assets, showcasing a responsible approach to financial management. These attributes contribute positively to its fiscal responsibility and operational effectiveness.
However, the overall rating suggests that there may be some areas that could benefit from further enhancement, particularly in aspects beyond the financial metrics provided. Stakeholders may want to keep an eye on future reports to see how the organization addresses any shortcomings while continuing to build on its transparent and accountable practices.
This AI summary has been generated from information found on Charity Navigator.
Is Inspiracion Inc legitimate?
Inspiracion Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Inspiracion 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: $146,747
For more financial information, click here
What is the mission statement of Inspiracion Inc?
Inspiracion Inc, a non-profit organization, aims to alleviate the pressures on government by collaborating with schools and districts, supporting their educational objectives. Their primary focus is on engaging parents as active partners in their children's education, helping them meet their full potential and reducing dropout rates. In addition, they strive to provide a well-balanced curriculum that prepares students for employment and higher education. This is accomplished by offering services and resources specifically tailored for parents and their young children, particularly those facing challenges as first-generation immigrants or living in poverty. Ultimately, Inspiracion Inc's mission is to empower at-risk Latino families to break the cycle of poverty, enhancing their parenting skills to positively impact their children's development.
Who is the CEO of Inspiracion Inc?
Marshall Stewman is the Board Chair of Inspiracion Inc.
What is the revenue of Inspiracion Inc?
Inspiracion Inc's revenue in 2022 was $112,320.
Who are the executives of Inspiracion Inc and what are their salaries?
There 15 volunteers at Inspiracion Inc.
Here are 18 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Inspiracion Inc?
Inspiracion Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Inspiracion Inc
Inspiracion Inc, a non-profit organization, is dedicated to empowering at-risk Latinx families to break the cycle of poverty. They achieve this by fostering parenting knowledge and skills that directly impact children's development. By focusing on education and services for parents and their young children, Inspiracion Inc is particularly attuned to the unique challenges faced by first-generation immigrants and those living in poverty.
In line with its mission, Inspiracion Inc provides funds to support additional staff, salaries, benefits, and training in underperforming schools. This investment in human resources is instrumental in enhancing the educational process for children. Beyond this, the non-profit also engages in various program activities aimed at benefiting both parents and children in these schools. In this way, Inspiracion Inc plays a crucial role in helping families overcome the barriers to success and enabling children to realize their full educational potential.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Inspiracion Inc plays a transformative role in the education landscape by fostering critical partnerships with school districts to enhance educational outcomes for children, especially those from at-risk Latino families. By providing resources and support, the organization focuses on empowering parents, enabling them to become active participants in their children’s education.
Through targeted initiatives, Inspiracion Inc works to reduce dropout rates and promote a curriculum that not only prepares students for employment and higher education but also encourages them to be thoughtful, engaged citizens. The organization's emphasis on early childhood education and parenting skills is particularly impactful for first-generation immigrants and families living in poverty, addressing the unique challenges they face.
By facilitating direct payments to vendors and supporting staffing for underperforming schools, Inspiracion Inc ensures that educational processes are more effective and accessible. This integrated approach not only uplifts individual families but also strengthens the community, ultimately contributing to a more equitable educational environment for all students in Waco, TX.
This information is meant to be a general summary of Inspiracion 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: $3,562
- Gross Receipts: $112,320
Assets and Liabilities:
- Total Assets: $206,384
- Total Liabilities: $0
- Net Assets: $206,384
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2018
Phone
(254) 776-3939Principal Officer
Marshall Stewman
Main Address
PO BOX 5754, WACO, TX, 76708
NTEE Category
Code: B80 - Education
If you are a representative of Inspiracion Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.