Inspirational Network Inc
66% goes to programs $13 to raise $100 Strong reserves Declining revenue
Inspirational Network Inc is a 501(c)(3) organization based in Indian Land, South Carolina, registered in 1994, with $35,338,832 in FY2024 revenue. CharityIndex grades it B+, and it directs about 66% of spending to programs.
3000 Worldreach Dr, Indian Land, SC, 29707 EIN 57-0931093 Since 1994
Revenue (FY2024)
$35.3M
▼ 18.4% vs prior year
Religion median: $139K
Expenses (FY2024)
$28.3M
Net assets
$289.8M
Employees
91
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
BProgram efficiency40% of the rating66% to programs · $13 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Inspirational Network Inc: 66% to programs · $13 to raise $100 earns a B on this criterion. See the exact thresholds →
B+Financial health25% of the rating123 mo reserves · +20% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Inspirational Network Inc: 123 mo reserves · +20% margin earns a B+ on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Inspirational Network Inc: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Inspirational Network Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Impacting people for christ worldwide through media.
Contact & location
- Address
- 3000 Worldreach Dr, Indian Land, SC, 29707
- City
- Indian Land
- State
- South Carolina
- Category
- Religion-Related
- Subcategory
- Religious Media
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $165.6M (FY2013) to $35.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $63.9MNet assets $289.8M
Operating margin
20.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$353.7M
Total liabilities
$63.9M
Net assets
$289.8M
Salaries & benefits
$9.3M
33% of expenses
Board members
8
2 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $35,338,832▼18.4% | $28,273,578▼12.3% | $289,819,561▲2.7% | $353,695,239▲8.0% | 990 |
| 2023 | $43,305,591▲9.5% | $32,250,890▼10.1% | $282,201,376▲4.3% | $327,429,277▲6.2% | 990 |
| 2022 | $39,559,542▼8.9% | $35,863,992▲3.3% | $270,526,943▲1.6% | $308,206,307▲3.3% | 990 |
| 2021 | $43,425,895▲32.6% | $34,706,581▲0.2% | $266,217,674▲3.6% | $298,371,804▲10.3% | 990 |
| 2020 | $32,758,688▼20.2% | $34,634,103▼11.2% | $257,088,035▲31.0% | $270,492,934▲36.2% | 990 |
| 2019 | $41,041,945▲29.7% | $38,991,742▲4.7% | $196,312,607▲45.6% | $198,649,103▲43.9% | 990 |
| 2018 | $31,653,274▲6.7% | $37,230,775▲6.6% | $134,858,111▼4.0% | $138,014,778▼5.0% | 990 |
| 2017 | $29,654,965▼7.7% | $34,917,137▲0.6% | $140,435,612▼3.1% | $145,256,883▼3.3% | 990 |
| 2016 | $32,135,880▼22.0% | $34,696,835▼11.2% | $144,982,852▲4.8% | $150,274,644▲4.3% | 990 |
| 2015 | $41,217,618▼25.2% | $39,068,296▼3.3% | $138,376,450▼1.5% | $144,011,275▼2.1% | 990 |
| 2014 | $55,137,788▼66.7% | $40,421,724▼56.4% | $140,483,997▲11.7% | $147,070,909▲8.1% | 990 |
| 2013 | $165,604,942 | $92,623,352▲2.1% | $125,767,933▲108% | $136,109,227▲14.6% | 990 |
| 2012 | — | $90,733,527▼6.1% | $60,495,718▲5.3% | $118,732,137▲0.5% | 990 |
| 2011 | — | $96,589,779▼0.7% | $57,440,897▼8.1% | $118,147,348▼3.8% | 990 |
| 2010 | — | $97,310,092 | $62,484,385 | $122,854,348 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Benjamin Cerullo — $423,892 (1.50% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Benjamin Cerullo | Dir/evp Ministry Outreach/coo Crossr | 50 | $423,892 |
| David Robertson | Coo, Ministry Outreach & Ops | 50 | $379,573 |
| Robert Dickson | Vp Partner Relations | 50 | $165,272 |
| William Baysinger Sr Dir | Media Planning & Syndication | 50 | $135,857 |
| Charles David Cerullo | Director / President & Ceo | 5 | $132,587 |
| Vernon Johnson | Director of Security | 50 | $129,598 |
| Benny Hyman Dir | Property Maintenance & Warehouse | 50 | $127,163 |
| Lisa Jo Mouradian | Vp Ministry Comm & Ops | 50 | $122,351 |
| Jacque Thomas | Director of Facilities | 50 | $120,292 |
| Melinda Doster | Sr. Dir. Print Production & Data Ops | 50 | $119,581 |
| Michael Black Vp | Digital Init. & Mktg. (end 08/09/24) | 50 | $113,107 |
| Albert Denson | Director | 2 | $20,000 |
| Doug Preudhomme | Director | 2 | $20,000 |
| Raichelle Glover | Director | 2 | $20,000 |
| Ramon Ardizzone | Director | 2 | $20,000 |
| Rebekah Henderson | Director | 2 | $20,000 |
| Rick Ray | Director (end 08/21/24) | 2 | $20,000 |
| Barbara Cerullo | Dir/evp Organizational Development | 5 | — |
| Dale S Ardizzone Esq | General Counsel & Corp Secretary | 5 | — |
| Gregory Richardson Esq | Svp Legal & Business Affairs | 5 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Edifice LLC | Building Contractor | $19,403,837 |
| Environmentalscape Inc | Grounds Maintenance | $314,055 |
| Price Waterhouse Coopers | Accounting Services | $228,000 |
| Goka Inc | Cleaning Service | $128,839 |
Grants received · $11K total
3 grants to Inspirational Network Inc totaling $11K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Christian Charitable Foundation | Evangelism | 2022 | $5,259 |
| National Christian Charitable Foundation | Evangelism | 2022 | $5,259 |
| National Christian Charitable Foundation | Evangelism | 2017 | $103 |
Grants made · $10K in FY2024
1 grant totaling $10K in FY2024. All grants made by Inspirational Network Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Lancaster County Partners For Youth Inc | Program support | $10,000 |
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Frequently asked questions
- Is Inspirational Network Inc a legitimate nonprofit?
- Yes. Inspirational Network Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 57-0931093, based in Indian Land, South Carolina. Donations are tax-deductible.
- What is Inspirational Network Inc's EIN?
- Inspirational Network Inc's Employer Identification Number (EIN) is 57-0931093.
- How much revenue does Inspirational Network Inc report?
- Inspirational Network Inc reported $35,338,832 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Inspirational Network Inc's spending goes to programs?
- Inspirational Network Inc spends about 66% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Inspirational Network Inc have?
- CharityIndex grades Inspirational Network Inc B+, based on program efficiency and fundraising cost.
- How much does Inspirational Network Inc's highest-paid employee make?
- The highest reported compensation on Inspirational Network Inc's latest Form 990 is $423,892, paid to Benjamin Cerullo (Dir/evp Ministry Outreach/coo Crossr).
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Data for Inspirational Network Inc (EIN 57-0931093) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.