Incspire Inc in Reston, Virginia (VA)
Table of contents:
| Incspire Inc | |
| Employer Identification Number (EIN) | 208619579 |
| Name of Organization | Incspire Inc |
| In Care of Name | Penny Pompei |
| Address | 1886 Metro Center Dr Ste 230, Reston, VA 20190-5290 |
| Subsection | Charitable Organization |
| Ruling Date | 09/2007 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 06/2014 |
| Assets | $10,000 to $24,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $21,655 |
| Amount of Income | $71,575 |
| Form 990 Revenue Amount | $71,575 |
| National Taxonomy of Exempt Entities (NTEE) | Community Improvement, Capacity Building: Economic Development |
Non-representatives - add comments:
Amount of income in 2014: $71,575 (it was $71,989 in 2013)
| This organization: | $71,575 |
| Other organizations performing similar types of work: | $623,666 |
Assets in 2014: $21,655 (it was $30,440 in 2013)
| This organization: | $21,655 |
| Other organizations performing similar types of work: | $2,159,711 |
Expenses in 2013: $67,551
| This organization: | $67,551 |
| Other organizations performing similar types of work: | $483,294 |
Income to expenses ratio in 2013: 1.1
| Incspire Inc: | 1.1 |
| Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2013: 49.1%
| This organization: | 49.1% |
| Other organizations performing similar types of work: | 28.9% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $191,037 | $71,989 | |
| Contributions, gifts, grants, and similar amounts received | $38,230 | $35,359 | |
| Program service revenue including government fees and contracts | $2,345 | $780 | |
| Membership dues and assessments | $0 | $0 | |
| Investment income | $28,350 | $35,850 | |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | |
| Other revenue | $122,112 | $0 | |
| Total expenses | $86,738 | $67,551 | |
| Total net assets | $13,161 | $17,599 | |
| Excess/Deficit for the year | $104,299 | $4,438 | |
| Net assets or fund balances at beginning of year | $-91,138 | $13,161 | |
| Other changes in net assets or fund balances | $0 | $0 | |
| Net assets or fund balances at end of year | $13,161 | $17,599 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $5,422 | $16,185 | $30,440 |
| Total liabilities | $96,560 | $3,024 | $12,841 |
| Net assets or fund balances | $13,161 | $17,599 | |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | |
| Total amount involved | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | |
| Gross receipts for public use of club facilities | $0 | $0 | |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $303,629 |
| Subtotal | $303,629 |
| Gifts, grants, contributions, and membership fees received | $170,229 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $133,400 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $303,629 |
| Public support | $303,629 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
| Write your review! |
|
|
| Recently Added Reviews |
Young Presidents Organization Inc, Ypo Northern Virginia Chapter Inc in Newport News, VA
  |
| Mountain Tails Animal Rescue in Dublin, VA |
|
The Mcclinton Foundation in Covington, VA
|
|
Cooper Trash Parkout Inc in Mclean, VA
|
|
Virginia Beach Policemens Benevolent Association Inc in Virginia Bch, VA
|
| Charlotte County Farm Bureau in Charlotte C H, VA |
| Carol W Pruner Charitable Remainder Unitrust, Pruner Todd W & Carol W Pruner Ttee in Roanoke, VA |
|
Kempsville Volunteer Rescue Squad in Virginia Bch, VA
|
|
Dulles South Food Pantry in Dulles, VA
|
|
Pomegranate Library Inc in Virginia Beach, VA
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Spirit Of 76 Inc | PO BOX 1876, Junction City, KS 66441-6876 | KS | 1976-07 | $1,102,440 |
| 2 | Appomattox Basin Industrial Development Corp | Petersburg, VA 23805 | VA | $882,623 | |
| 3 | Lynchburg Area Development Corp Attn Richard Worthington | 919 Main Street, Lynchburg, VA 24504 | VA | 1961-06 | $29,683 |
| 4 | Wisconsin Business Development Finance Corporation | 100 River Pl1 Board Walkll, Monona, WI 53716 | WI | 1982-07 | $6,747,667 |
| 5 | Tri-County Council For Southern Maryland | PO BOX 745, Hughesville, MD 20637-0745 | MD | 1983-05 | $6,090,097 |
| 6 | City Urban Revitalization Corporation | 68-700 Avenida Lalo Guerrero, Cathedral City, CA 92234-1208 | CA | 2002-06 | $6,002,442 |
| 7 | Iron County Action Plan Committee | PO BOX 108, Ironton, MO 63650 | MO | 2000-02 | $5,517,378 |
| 8 | West Central Arkansas Planning & Development District Inc | PO BOX 6409, Hot Springs, AR 71902-6409 | AR | 1996-03 | $4,534,357 |
| 9 | Southwest Arkansas Planning & | 101 Harvey Couch Blvd, Magnolia, AR 71754 | AR | 1978-02 | $3,421,370 |
| 10 | Hampton Roads Chamber Foundation | 500 E Main St Ste 700, Norfolk, VA 23510-2214 | VA | 1985-07 | $2,638,631 |
| 11 | Washington County Economic Development Partnership, Washington County Economic Development Inc | 20 E Beau Street, Washington, PA 15301 | PA | 2006-12 | $2,476,170 |
| 12 | The Resource Inc | PO BOX 36, North Eastham, MA 02651-0036 | MA | 1994-05 | $2,025,775 |
| 13 | La Cocina Inc | 2948 Folsom St, San Francisco, CA 94110-4028 | CA | 2007-08 | $1,958,553 |
| 14 | Southwest Louisiana Alliance Foundation Inc | PO BOX 3110, Lake Charles, LA 70602-3110 | LA | 1985-06 | $1,472,148 |
| 15 | Special Improvement District Borough Of Redbank Inc | 46 English Plz Ste 6, Red Bank, NJ 07701-1687 | NJ | 1993-02 | $1,175,381 |
| 16 | Incspire Inc | 1886 Metro Center Dr Ste 230, Reston, VA 20190-5290 | VA | 2007-09 | $71,575 |
| 17 | Southwest Development Financing Inc | PO BOX 983, Abingdon, VA 24212-0983 | VA | 1997-03 | $31,752 |
| 18 | League For Hope Inc | Po Box 455, Marshall, VA 22016 | VA | 2007-08 | $0 |
| 19 | Mathews County Sustainable Environment & Economic Dev Inc | PO BOX 552, Mathews, VA 23109-0552 | VA | 1999-12 | $0 |
| 20 | National Community Development Organization | 100 Baker Farm Drive, Hampton, VA 23666 | VA | 2007-08 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 349 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Incspire Inc »
Non-representatives - add comments about Incspire Inc»