Insight Network is located in Alexandria, VA. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Insight Network 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, Insight Network generated $10.2k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 70.8% each year .
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
INI DONATED FUNDS TO SUPPORT INDIVIDUALS AND ORGANIZATIONS ESPECIALLY IN DISADVANTAGED COMMUNITIES TO IMPROVE LIFE CHANCES. WE AIM TO SUPPORT THOSE EFFORTS BY PROVIDING FINANCIAL AID AND RELEVANT INFORMATION TO FUND AND GUIDE THEIR EFFORTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tracie Ferrell Executive Director | 4 | $0 | |
Chantrell Mccormick Associated Director | 2 | $0 | |
Gregory Reaves Secretary | 4 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $10,211 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $10,211 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $450 |
Printing and publications | $0 |
Other expenses | $4,473 |
Total operating and administrative expenses | $4,923 |
Contributions, gifts, grants paid | $3,598 |
Total expenses and disbursements | $8,521 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,592 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $1,592 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, Insight Network has awarded $3,598 in support to 19 organizations.
Grant Recipient | Amount |
---|---|
KLYNN BANKS PURPOSE: ASSISTANCE FOR EDUCATIONAL NEEDS | $300 |
KAYCE EKPENIKE PURPOSE: ASSISTANCE FOR EDUCATIONAL NEEDS | $200 |
JA'LAYA BANKS PURPOSE: ASSISTANCE FOR EDUCATIONAL NEEDS | $100 |
KANDI DAVIS PURPOSE: ASSISTANCE FOR EDUCATIONAL NEEDS | $50 |
MAURICE LEWIS PURPOSE: ASSISTANCE FOR EDUCATIONAL NEEDS | $50 |
MEYANI MOORE PURPOSE: GIFT TO RECOGNIZE EDUCATIONAL ACCOMPLISHMENT | $700 |