Nonprofit · EIN 57-0902628
INSPIRE ABILITIES FOUNDATION INC
Tax-exempt · ANDERSON, SC 29625
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ (amended) | $39,552 | $74,834 | -$35,282 | $54,395 | – | $54,395 |
| June 30, 2024 | 990-EZ | $37,053 | $5,514 | $31,539 | $89,677 | – | $89,677 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $5,623
- Investment income
- $1,922
- Net income from fundraising events
- $32,007
Expenses
- Grants and similar amounts paid
- $70,000
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $164
- Printing, publications and postage
- $104
- Other expenses
- $4,566
- Program services (functional)
- $5,130
Balance sheet and other
- Total assets, start of year
- $89,677
- Total assets, end of year
- $54,395
- Total liabilities, end of year
- –
- Net assets, end of year
- $54,395
- Cash, savings and investments
- $54,395
- Gross receipts
- $49,275
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-EZ for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Stanley F Cochran | Treasurer | 2 | $0 |
990-EZ for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Stanley Cochran | treasurer | 0.5 | $0 |
| Mike Cannon | vice-chairman | 0.5 | $0 |
| Courtney White | Chairman | 0.5 | $0 |
| Tim Crowe | trustee | 0.5 | $0 |
| Ashley Brooks | trustee | 0.5 | $0 |
| Leon Nix | trustee | 0.5 | $0 |
| Greg Swilling | trustee | 0.5 | $0 |
| Horace Padgett | trustee | 0.5 | $0 |
| Richard Macbeth | trustee | 0.5 | $0 |
| Jerrel Lynn King | trustee | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 214 MCGEE RD, ANDERSON, SC 29625-2104
- Signed the 990-EZ
- Stanley F CochranInspire Abilities, Treasurer
- Phone
- (864) 934-6274
Mission
The organization provides support to special need persons so they may a better quality of life.
Program accomplishments
- Christmas Party for 150 people with food, drink and dancingExpenses $3,100
- Dedication for new shelter building with food and drinkExpenses $2,030 · grants $2,030
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 57-0902628
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1990
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Assets (IRS master file)
- $54,395
- Income (IRS master file)
- $49,275
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $39,552 | $74,834 | $54,395 | XML |
| 990-EZ | June 2024 | $37,053 | $5,514 | $89,677 | XML |
| 990-EZ | June 2023 | – | – | – | IRS |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990-EZ | June 2020 | – | – | – | IRS |
| 990-EZ | June 2018 | – | – | – | 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 57-0902628).
Questions about INSPIRE ABILITIES FOUNDATION INC
- What is the EIN of INSPIRE ABILITIES FOUNDATION INC?
- The employer identification number (EIN) of INSPIRE ABILITIES FOUNDATION INC is 57-0902628.
- Is INSPIRE ABILITIES FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to INSPIRE ABILITIES FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INSPIRE ABILITIES FOUNDATION INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of INSPIRE ABILITIES FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INSPIRE ABILITIES FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
- Who are the officers and directors of INSPIRE ABILITIES FOUNDATION INC?
- The 990-EZ for the year ended June 30, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does INSPIRE ABILITIES FOUNDATION INC have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $39,552, expenses of $74,834 and total assets of $54,395 at year end.
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