Form 990 for tax year 2024
Filed by INSPIRED COMMUNITY PROJECT INC.
Totals
- Total revenue
- $886,855
- Total expenses
- $986,770
- Contributions and grants received
- $878,071
- Grants paid
- $0
- Program service revenue
- $1,943
- Investment income
- $6,841
- Other revenue
- $0
- Total assets, end of year
- $638,543
- Total liabilities, end of year
- $597,245
- Net assets or fund balances, end of year
- $41,298
- Program services expenses (Part IX)
- $734,509
- Management and general expenses
- $245,629
- Fundraising expenses
- $6,632
- Program service expenses (Part III)
- $734,509
Program services were 74.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$410,606
-
1f · All other contributions, gifts and grants
$467,465
-
2a · Program service revenue: Childcare & behavioral therapy services
total $1,943 · unrelated business $0 · excluded $0
-
3 · Investment income
total $6,841 · unrelated business $0 · excluded $6,841
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $114,123 · program services $68,474 · management and general $39,943 · fundraising $5,706
-
7 · Other salaries and wages
total $441,929 · program services $361,961 · management and general $79,968 · fundraising $0
-
9 · Other employee benefits
total $4,069 · program services $4,069 · management and general $0 · fundraising $0
-
10 · Payroll taxes
total $40,215 · program services $33,928 · management and general $5,874 · fundraising $413
-
11b · Fees: legal
total $11,318 · program services $0 · management and general $11,318 · fundraising $0
-
11c · Fees: accounting
total $11,594 · program services $0 · management and general $11,594 · fundraising $0
-
11g · Fees: other
total $86,524 · program services $80,547 · management and general $5,977 · fundraising $0
-
12 · Advertising and promotion
total $1,048 · program services $0 · management and general $1,048 · fundraising $0
-
13 · Office expenses
total $29,662 · program services $15,416 · management and general $14,246 · fundraising $0
-
14 · Information technology
total $6,015 · program services $1,967 · management and general $4,048 · fundraising $0
-
16 · Occupancy
total $44,616 · program services $40,155 · management and general $4,461 · fundraising $0
-
17 · Travel
total $6,341 · program services $2,945 · management and general $3,396 · fundraising $0
-
20 · Interest
total $40,341 · program services $0 · management and general $40,341 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $16,289 · program services $14,660 · management and general $1,629 · fundraising $0
-
23 · Insurance
total $85,676 · program services $72,477 · management and general $12,686 · fundraising $513
-
24a · Other expenses: Program supplies
total $25,878 · program services $25,878 · management and general $0 · fundraising $0
-
24b · Other expenses: Processing and other Fees
total $9,084 · program services $8,798 · management and general $286 · fundraising $0
-
24c · Other expenses: Professional development
total $1,241 · program services $0 · management and general $1,241 · fundraising $0
-
24d · Other expenses: License, dues, and fees
total $4,339 · program services $0 · management and general $4,339 · fundraising $0
-
24e · All other expenses
total $6,468 · program services $3,234 · management and general $3,234 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $142,303 · end of year $230,844
-
2 · Savings and temporary cash investments
beginning of year $0 · end of year $1,001
-
9 · Prepaid expenses and deferred charges
beginning of year $0 · end of year $1,247
-
10a · Land, buildings and equipment: cost or other basis
$421,740
-
10b · Land, buildings and equipment: accumulated depreciation
$16,289
-
10c · Land, buildings and equipment, net
end of year $405,451
-
17 · Accounts payable and accrued expenses
beginning of year $1,090 · end of year $18,600
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $578,645
-
27 · Net assets without donor restrictions
beginning of year $141,213 · end of year $41,298
Mission and programs · 2024
Mission
The organizations mission is to advance the field of early childhood education through rigorous research and evidence-based practices, workforce development, and family advocacy coaching.
-
The Inspired Community Projects (TICP) focuses on providing quality early childhood education, childcare options, and therapy services in the economically distressed Bronx. The organization is in the process of opening a new location in the Bronx, NY and establishing an early intervention therapy center and childcare facility that provides specialized education for neurodivergent children. The project will also include workforce development programs.
Expenses $734,509 · Revenue $1,943
As filed on the 2024 return.
Listed in Part VII
-
Jillian Moses
President
- Total calculated
- $112,800
- From this org
- $112,800
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
January Greene
Chairperson
- Total calculated
- $0
- Hours/week
- 3
-
Randy Subramany
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Lisa Friscia
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Susan Minervini
Director
- Total calculated
- $0
- Hours/week
- 1
-
Bill Simone
Director
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 15 February 2026
- IRS schema version
- 2024v5.2
- Source object
- 202601039349300525
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