Design Inspirations
- Assets
- $322.9k
- Revenue
- $283.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Worth, TX
- Founding
- 11/1996
- Data as of
- 12/2022
- EIN
- 75-2662150
Organization Overview
Design Inspirations is located in Fort Worth, TX. The organization was established in 1996. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Design Inspirations 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, Design Inspirations generated $283.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 34.0% each year . All expenses for the organization totaled $127.6k during the year ending 12/2022. While expenses have increased by 10.2% per year over the past 4 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
DESIGN INSPIRATIONS' PRIMARY EXEMPT PURPOSE IS TO RAISE FUNDS THROUGH VARIOUS FUNDRAISING ACTIVITIES AND THOSE FUNDS WILL BE DONATED BY THE ENTITY TO VARIOUS LOCAL ORGANIZATIONS THAT PROVIDE SERVICES AND PROGRAMS TO WOMEN AND CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HOLDS AN ANNUAL COCKTAIL PARTY AND LUNCHEON IN ASSOCIATION WITH A TABLE DECORATING EVENT. THE FUNDS RAISED FROM THIS EVENT ARE DONATED TO LOCAL CHARITIES IN FORT WORTH, TX.
THE ORGANIZATION GIVES GRANTS FOR NORMAL OPERATING NEEDS AND EXPENSES TO BENEFIT VARIOUS ENTITIES FOR THEIR PHILANTHROPIC EFFORTS. THE ORGANIZATION CHOOSES BENEFICIARIES ANNUALLY AND DOES NOT ACCEPT GRANT REQUESTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paige Pate Chairman Of The Board & President | Officer | 6 | $0 |
Jen Appleman Vice President Of Volunteers | Officer | 6 | $0 |
Anne Wright Vice President Of Speaker | Officer | 6 | $0 |
Jennifer Drez Vice President Of Underwriting | Officer | 6 | $0 |
Duffy Bloemendal Vice President Of Underwriting | Officer | 6 | $0 |
Laura High Secretary | Officer | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $330,519 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $330,519 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$46,922 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $283,597 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $121,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,122 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,284 |
| Total functional expenses | $127,602 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $300,938 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $22,000 |
| Total assets | $322,938 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $322,938 |
| Total liabilities and net assets/fund balances | $322,938 |
Grants Awarded
Over the last fiscal year, Design Inspirations has awarded $121,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
RIVERTREE ACADEMY PURPOSE: FOR NORMAL OPERATING NEEDS AND EXPENSES TO BENEFIT THESE ENTITIES FOR THEIR PHILANTHROPIC EFFORTS. DESIGN INSPIRATIONS CHOOSES BENEFICIARIES ANNUALLY AND GRANTS ARE NOT REQUESTED. | $50,000 |
GILL CHILDREN'S SERVICES PURPOSE: FOR NORMAL OPERATING NEEDS AND EXPENSES TO BENEFIT THESE ENTITIES FOR THEIR PHILANTHROPIC EFFORTS. DESIGN INSPIRATIONS CHOOSES BENEFICIARIES ANNUALLY AND GRANTS ARE NOT REQUESTED. | $50,000 |
PI BETA PHI ALUMNAE CLUB PURPOSE: FOR NORMAL OPERATING NEEDS AND EXPENSES TO BENEFIT THESE ENTITIES FOR THEIR PHILANTHROPIC EFFORTS. DESIGN INSPIRATIONS CHOOSES BENEFICIARIES ANNUALLY AND GRANTS ARE NOT REQUESTED. | $10,500 |
KAPPA KAPPA GAMMA PURPOSE: FOR NORMAL OPERATING NEEDS AND EXPENSES TO BENEFIT THESE ENTITIES FOR THEIR PHILANTHROPIC EFFORTS. DESIGN INSPIRATIONS CHOOSES BENEFICIARIES ANNUALLY AND GRANTS ARE NOT REQUESTED. | $10,500 |