I-NSPIRE FOUNDATION INC: Form 990EZ, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- I-NSPIRE FOUNDATION INC (EIN 46-1252809)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-04-15
- IRS object ID
- 202521059349200832
- Schema version
- 2024v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-04-15T17:15:35-04:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 452548786 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Hugheys Debits & Credits LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6061 Stage Road Ste 1 | AddressLine1Txt |
| City | Memphis | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 38134 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 461252809 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | I-nspire Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Vince McCaskill | InCareOfNm |
| Business Name Control | I-NS | BusinessNameControlTxt |
| Phone | 9012995724 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 1042 | AddressLine1Txt |
| City | Southaven | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 38671 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | VINCE MCCASKILL | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Phone | 9012995724 | PhoneNum |
| Signature | 2025-04-15 | SignatureDt |
| Discuss With Paid Preparer | false | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ELCANIUS HUGHEY | PreparerPersonNm |
| PTIN | P01903257 | PTIN |
| Phone | 9014514240 | PhoneNum |
| Preparation | 2025-04-15 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $26,752 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $25,751 | ContributionsGiftsGrantsEtcAmt |
| Program Service Revenue | $534 | ProgramServiceRevenueAmt |
| Other Revenue Total | $467 | OtherRevenueTotalAmt |
| Total Revenue | $26,752 | TotalRevenueAmt |
| Fees And Other Pymt To Ind Cntrct | $2,503 | FeesAndOtherPymtToIndCntrctAmt |
| Occupancy Rent Utlts And Maint | $455 | OccupancyRentUtltsAndMaintAmt |
| Other Expenses Total | $26,222 | OtherExpensesTotalAmt |
| Total Expenses | $29,180 | TotalExpensesAmt |
| Excess Or Deficit For Year | -$2,428 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $102,579 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $100,151 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part II | Yes (X) | InfoInScheduleOPartIIInd |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,562 | BOYAmt |
| EOY | $114 | EOYAmt |
Land And Buildings LandAndBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total Detail OtherAssetsTotalDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,080 | BOYAmt |
| EOY | $128,995 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $102,642 | BOYAmt |
| EOY | $129,109 | EOYAmt |
Sum Of Total Liabilities SumOfTotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63 | BOYAmt |
| EOY | $28,958 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $102,579 | BOYAmt |
| EOY | $100,151 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Exempt Purpose | We strive to improve the quality of life | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Program Srvc Accom | We strive to improve the quality of life to the underserved within the communty through programs we offer such as feeding the hungry and providing clothing for those in need. | DescriptionProgramSrvcAccomTxt |
| Program Service Expenses | $5,651 | ProgramServiceExpensesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $5,651 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (5 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|
| Rhonda McCaskill | ||||
| Chairman | 2.00 | $0 | $0 | $0 |
| Sheryle Gasque | ||||
| Board Member | 1.00 | $0 | $0 | $0 |
| Barry Seals | ||||
| Board Member | 1.00 | $0 | $0 | $0 |
| Jasmine McCaskill | ||||
| Board Member | 1.00 | $0 | $0 | $0 |
| Vince McCaskill | ||||
| Treasurer | 2.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Vince McCaskill | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 1042 | AddressLine1Txt |
| City | Southaven | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 38671 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9012995724 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | false | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (true) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $124,253 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $169,734 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $89,464 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $125,564 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $26,752 | CurrentTaxYearAmt |
| Total | $535,767 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $124,253 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $169,734 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $89,464 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $125,564 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $26,752 | CurrentTaxYearAmt |
| Total | $535,767 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $130,183 | SubstantialContributorsTotAmt |
| Public Support Total170 | $405,584 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus2 Years | $603 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year | $467 | CurrentTaxYearAmt |
| Total | $1,072 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $536,839 | TotalSupportAmt |
| Public Support CY170 | 0.75550 | PublicSupportCY170Pct |
| Public Support PY170 | 1.00000 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Description of other revenue Part I line 8 | Description AmountInterest Income 467 |
| Description of other expenses Part I line 16 | Description AmountDepreciation from 4562 8,358Benevolence 1,081Supplies 3,480Admin 5,853Insurance 540Community Outreach 1,000Subscriptions 121Transaction Fees 156Other Expenses 2,212Repairs 3,421 |
| Description of other assets Part II line 24 | Category Beginning of Year End of YearAssets 100,080 128,995 |
| Description of total liabilities Part II line 26 | Category Beginning of Year End of YearLiabilities 63 28,958 |
Comments