Inspirational Workshops
Nonprofit profile at a glance
- EIN
- 824494610
- IRS 990 coverage
- 2019–2024
- Forms available
- Form 990 2024, Form 990-EZ 2018
- Location
- Seattle, WA, USA
- Phone
- 2062516095
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Student Services, Organizations of Students
Reported finances
- Revenue
- $426,192
- Expenses
- $518,196
- Assets
- $54,055
- Liabilities
- $53,899
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- MELVIN PARKER (PRESIDENT)
- THERESA CARTER-VINCENT (FOUNDER & CEO)
Highest reported compensation
- THERESA CARTER-VINCENT (FOUNDER & CEO): $112,660 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
We collaborate with youth of color in their learning and development journey providing experiences and resources for critical thinking, exploring voice, deepening brilliance, and contributing to the health and renewal of their environments, communities, and reshaping systems.
What it reported doing in 2024
Addressing racism: king county declared racism as a public health crisis in 2020, recognizing that governments need to acknowledge and respond by undoing the centuries of harms of systemic racism in our society and equitably invest in dismantling racism and protecting the health and well-being of black, indigenous and people of color so that all communities thrive. Envisioned jointly by community members and king county in august 2021 and launched in march 2022, the gathering collaborative is a group of trusted community members who are involved to uplift black and indigenous people and their communities those who are most directly harmed by racism. The members largely reflect these communities and have lived experience in these communities that they serve. One of the main goals of the gathering collaborative is to equitably distribute $25 million in investments to community service providers non-profit organizations, grassroot organizations with fiscal sponsors, and small businesses to support their growth and entrepreneurship in repairing the deep harms of racism worsened by the covid-19 pandemic, and bring healing, social and emotional stability, well-being, and restoration for black and indigenous people and their communities so that all people of color and all communities across king county thrive.
Operating model
- Revenue model
- Grant-funded. 93% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 85
- Accountability: 84
- Sustainability: 11
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 96.7%; rating input score 97
- Fundraising efficiency: $518.71 raised per $1 spent on fundraising; rating input score 96; 96th percentile among comparable filings
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 13th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -21.6%; rating input score 13; 13th percentile among comparable filings
- Total-asset coverage ratio: 0.1; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: 1; rating input score 5; 5th percentile among comparable filings
- Officer compensation ratio: 21.7%; rating input score 17; 17th percentile among comparable filings
Growth
- Program expense growth: 6.9% per year; rating input score 100; 61st percentile among comparable filings
- Revenue growth: 12.4% per year; rating input score 100; 78th percentile among comparable filings
- Asset growth: 1.4% per year; rating input score 100; 30th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 96.7% of spending went to programs
- Governance: 4 of 4 board members independent · 5 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $501K in reported program spending
- Leadership: top reported pay $113K · 4 people listed
- Consistency: 25 of 26 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes major donors
- Filing history: 6 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- High — Sustainability: Operating margin scored 13/100.
- High — Sustainability: Total-asset coverage ratio scored 7/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 5/100.
- High — Sustainability: Officer compensation ratio scored 17/100.