2023-11-04T04:36:46-04:00 2023-06-30 990EZ 2022-07-01 922460863 Inspiring Futures Inc % Victoria Garafola INSP 9293767537 778 Morris Park ave 14 Bronx NY 10462 Victoria Garafola Executive Director 2023-11-04 2022 2023-04-26 12:10:37Z X X X https: www.inspiringfutures.us X X 129700 X 128600 1100 0 0 0 0 0 0 0 0 0 0 0 0 129700 0 0 11092 40 238 1306 12676 117024 0 117024 0 117024 0 0 0 117024 0 117024 Provide mental health and educational services to system involved youth and train the community to increase support. see Schedule O 125000 12676 12676 Henry Love Board of Directors President 1 0 0 0 Nicholas Woo Board of Directors Treasurer 1 0 0 0 Dora Owuor Board of Directors Secretary 1 0 0 0 Victor Tarantino Board of Directors Compliance Officer 1 0 0 0 Loren Michaels Board of Directors Officer 1 0 0 0 Terrence Smith Board of Directors Officer 1 0 0 0 Shawn O'Riley Board of Directors Officer 1 0 0 0 Victoria Garafola Board of Directors Executive Director 40 0 0 0 false false false false false 0 false false false false NY Nicholas Woo 778 Morris Park ave 14 Bronx NY 10462 9293767537 false false false false false false false false false false NONE NONE true X 0 0 0 0 128600 128600 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 128600 128600 0 128600 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1100 1100 129700 X Part II - Line 10 | Year:, Amount:, Description:| 2018, 0, | 2019, 0| 2020, 0| 2021, 0| 2022, 1100Inspiring Futures received income from training other agencies on related topics.| RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Item B - Amended Return The original form has the wrong fiscal year on it. It says January 1 to December 31 but our fiscal year is July 1 to June 30. Part I, line 16 | Other Expenses:, Amount:| Gmail suite 137.20 Quickbooks 14.70 TherapyNotes Electronic Health Record system 300 youth program supplies 24.50 website maintenance 116.08 staff and volunteer appreciation 113.04 legal set-up fees 600 = $1,305.52, $1306| Part I, Line 1 | Explanation:| Inspiring Futures was formed on November 16 2022. Prior to that it was operating under fiscal sponsor Mosholu Montefiore Community Center MMCC EIN 13-3622107. As such the first fiscal year operating as an independent 501c3 is shortened 11 16 22 to 06 30 23. Prior to 11 16 23 MMCC included all donations and expenses on their tax documents. The contributions in the 2022-2023 fiscal year include an $85,000 grant pledged on 6 13 2023. With 2 weeks left of the fiscal year Inspiring futures will be using this funding in the 2023-2024 fiscal year. It appears as overflow from the fiscal year but is money received at the end of 2022-2023 to be used in 2023-2024. Part I, Line 8 | Explanation:| The organization received in-kind donations for personnel: CPA services from David W Bazile Accounting LLC legal set-up from Fordham law clinic research methods and training from NYU Clinical Psychology doctoral program. Part I, Line 13 | Explanation:| Inspiring Futures did not have payroll expenses since all work for this fiscal year was done by independent contractors and included in the independent contractor line. In FY 2024 Inspiring Futures aims to turn the independent contractors into full-time employees which will benefit the students served and the bottom line of the agency. Part I, Line 15 | Explanation:| Printing Publications Postage and Shipping includes the cost to maintain a PO Box as Inspiring Futures does not yet have a physical address though it is the goal to obtain a physical space to conduct programming once funding allows. Part I, Line 16 | Explanation:| Gmail suite 137.20 Quickbooks 14.70 TherapyNotes Electronic Health Record system 300 youth program supplies 24.50 website maintenance 116.08 staff and volunteer appreciation 113.04 legal set-up fees 600 = $1,305.52 Part III, Line 28 | Explanation:| We provide free educational and mental health services for any youth or young adult who has ever been or is currently involved with the child welfare system. We also offer trainings to caregivers agency personnel and institutions to increase the support for these youth. Our mission is to increase high school and college graduation rates for this population.