Inspiring Dreams Network Corp
Nonprofit profile at a glance
- EIN
- 825267160
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2021
- Location
- Hurricane, WV, USA
- Phone
- 3046336833
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Youth Development Programs
Reported finances
- Revenue
- $157,695
- Expenses
- $125,080
- Assets
- $113,563
- Liabilities
- $206
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- DR BARBARA BRADY (EXECUTIVE DIRECTOR)
- BOBBIE SPRY (VICE PRESIDENT)
- TIFFANY PITTMAN (PAST PRESIDENT)
- SARAH BARTON (PRESIDENT)
People named in this filing
- DR BARBARA BRADY (EXECUTIVE DIRECTOR)
- JOHN BARTON (BOARD MEMBER)
- BOBBIE SPRY (VICE PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of the corporation is exclusively for educational, and scientific purposes, including, for such purposes, the making of distributions to organizations that qualify as exempt organizations under section 501(c)(3) of the internal revenue code, or the corresponding section of any future federal tax code and herein stated as follows: specifically, a network of mentors and community partners will support disenfranchised youth to build success skills, explore opportunities and access resources and services, engaging, inspiring and empowering them to create a dream for future success and take actions to reach their maximum potential. Our vision is to utilize local professionals who are trained in supporting students in academic and learning development, career investigation, post-secondary and life planning, and building interpersonal and social skills to prepare them for success in school and to set and reach social goals.
What it reported doing in 2024
The greater kanawha valley foundation grant (tgkvfg): "supporting at-risk youth through coaching and community connections"
Operating model
- Revenue model
- Donor-supported. 74% of the money available for current operations came from contributions and gifts.
- 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 68
- Transparency & Controls: 100
- Sustainability: 59
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 61.8%; rating input score 62
- Program expense ratio: 78%; rating input score 78
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 20.7%; rating input score 75; 75th percentile among comparable filings
- Total-asset coverage ratio: 0.91; rating input score 56; 56th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 50; 50th percentile among comparable filings
- Officer compensation ratio: 25.1%; rating input score 14; 14th percentile among comparable filings
Growth
- Program expense growth: 50.9% per year; rating input score 100; 92nd percentile among comparable filings
- Revenue growth: 63.1% per year; rating input score 100; 97th percentile among comparable filings
- Asset growth: 71.2% per year; rating input score 100; 97th percentile among comparable filings
Details
- Where the money goes: 61.8% of revenue deployed · 78% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $98K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Sustainability: Total-asset coverage ratio scored 56/100.
- High — Sustainability: Officer compensation ratio scored 14/100.
- Review — Sustainability: Liabilities to assets ratio scored 50/100.