Inspiring Possibilities Inc
- Assets
- $6.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cypress, TX
- Founding
- 02/2012
- Data as of
- 12/2022
- EIN
- 45-3662201
Organization Overview
Inspiring Possibilities Inc is located in Cypress, TX. The organization was established in 2012. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Inspiring Possibilities Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Inspiring Possibilities Inc generated $63.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.5% each year . All expenses for the organization totaled $77.6k during the year ending 12/2022. While expenses have increased by 10.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO DEVELOP EMPOWERING CONNECTIONS BETWEEN MARTIAL ARTS AND INDIVIDUAL GOALS THAT ENCOURAGE CONFIDENCE AND PHYSICAL FITNESS IN THE LIVES OF INDIVIDUALS WITH SPECIAL NEEDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Lieder Chairman | 10 | $0 | |
Christy Lieder Executive Director | 10 | $13,900 | |
Shelly Lieder Secretary/treasurer | 10 | $0 | |
Brenda Weiser Board Director | 10 | $0 | |
Nichoel Akers Board Director | 10 | $0 | |
Belinda Fultz Board Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,304 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $63,304 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $61,120 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $13,723 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,691 |
| Total expenses | $77,634 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,431 |
| Other assets | $0 |
| Total assets | $6,431 |
| Total liabilities | $0 |
| Net assets or fund balances | $6,431 |