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Nonprofit · EIN 87-4601612

INSPIRE LIFE

Tax-exempt · NEPTUNE, NJ 07753

Financials

$171K$118K2023$262K$205K2024
Revenue Expenses · by fiscal year end
Financials of INSPIRE LIFE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$261,798$205,067$56,731$92,067$0$92,067
December 31, 2023990-EZ$171,285$117,716$53,569$57,172–$57,172
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$261,798
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$102,125
Salaries, compensation and benefits (total)
$102,125
Professional fundraising fees
$2,610
Legal fees
$54
Occupancy
$26,003
Travel
$539
Program services (functional)
$202,457
Fundraising (functional)
$2,610

Balance sheet and other

Total assets, start of year
$35,336
Total assets, end of year
$92,067
Total liabilities, end of year
$0
Net assets, end of year
$92,067
Gross receipts
$261,798
Employees
0
Volunteers
10
Year formed
2016
State of legal domicile
NJ

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Semaj VanzantBoard President
Trustee or director, Officer
3$0
Sabrina Perri-GrininTrustee
Trustee or director
1$0
Shanel IngramTrustee
Trustee or director
1$0
Heather CoburnBoard Secretary
Trustee or director
1$0
Duane MontgomeryCo-Treasurer
Trustee or director, Officer
2$0
Kyra HaywardCo-Treasurer
Trustee or director, Officer
2$0
Dr David Julius FordTrustee
Trustee or director
1$0
Akene DunkleyTrustee
Trustee or director
1$0
Alexander SimoneTrustee
Trustee or director
1$0
990-EZ for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
CARLA VANZANTPRESIDENT20$0
GILLIAN EDGARTRUSTEE10$0
DAVID FORDTRUSTEE10$0
SHANELINGRAM10$0
Semaj Vanzant SrTrustee10$0

Address and contacts

Address (IRS master file)
1710 COLUMBUS AVE, NEPTUNE, NJ 07753-4623
Principal officer (990 for 2024)
Carla Vanzant, 1710 Colombus Ave, Neptune, NJ 07753
Signed the 990
Carla Vanzant, President
Phone
(814) 449-1007
Return prepared by
ALSTON & COMPANY CPA'S

Mission

Inspire Lifes missions is to empower youth and families to pursue purpose, professions, and positive choices

990 for the year ended December 31, 2024

Program accomplishments

  • Promotes education, STEM, literacy, film, and the fine arts.
    Expenses $202,457

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
87-4601612
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$92,067
Income (IRS master file)
$261,798

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$261,798$205,067$92,067XML
990-EZDecember 2023$171,285$117,716$57,172XML
990-EZDecember 2022–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 87-4601612).

Questions about INSPIRE LIFE

What is the EIN of INSPIRE LIFE?
The employer identification number (EIN) of INSPIRE LIFE is 87-4601612.
Is INSPIRE LIFE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to INSPIRE LIFE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does INSPIRE LIFE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of INSPIRE LIFE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INSPIRE LIFE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of INSPIRE LIFE?
The 990 for the year ended December 31, 2024 names Carla Vanzant.
Who are the officers and directors of INSPIRE LIFE?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does INSPIRE LIFE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $261,798, expenses of $205,067 and total assets of $92,067 at year end.

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