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Inspire Access Inc

EIN 88-3094715 · Potomac, MD

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood78 out of 100GovernanceGood89 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • It reported loans to or from officers, directors or other insiders.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

OUR MISSION IS TO MOBILIZE PHILANTHROPIC CAPITAL TOWARDS FOR-PROFIT VENTURES IN SUPPORT OF UNDERREPRESENTED FOUNDERS AND COMMUNITIES WHO HAVE HISTORICALLY LACKED ACCESS TO CAPITAL. WE ADVANCE THIS BY PROVIDING PRIS, FISCAL SPONSORSHIPS, AND OTHER FOUNDER-FRIENDLY TOOLS THAT CHANNEL UNRESTRICTED DONATIONS INTO MISSION-ALIGNED VENTURES. BY BRIDGING DONORS AND ENTREPRENEURS, WE EXPAND ACCESS TO CAPITAL, FUEL INNOVATION, AND ADVANCE SOCIAL EQUITY.

Income
$3.7 million
Spending
$810,117
Spent on programs
64%
Reserves
48 months of spending
Largest source of income
donations and private grants, 94%
Employees
1
Volunteers
0

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 78 out of 100. Higher than 41% of charities in its peer group (philanthropy, $1m to $10m).

  • Reserves

    35 of 35

    Spendable reserves would cover 48.0 months of spending.

  • Debt

    5 of 20

    It owes 56% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 78% of income.

  • Income trend

    15 of 15

    Income rose 229% on the year before.

  • Spending floor

    8 of 15

    64% of spending went to programs and raising each dollar of donations cost 3 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 89 out of 100. Higher than 48% of charities in its peer group (philanthropy, $1m to $10m).

  • Independent board

    25 of 25

    5 of 6 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    0 of 10

    Reports at least one of: diversion of assets, excess benefits, loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $519,157 spent. IN 2024, INSPIRE ACCESS FULFILLED ITS PUBLIC CHARITY MISSION BY MOBILIZING PHILANTHROPIC CAPITAL TO SUPPORT UNDERREPRESENTED FOUNDERS AND COMMUNITIES WHO HAVE HISTORICALLY LACKED ACCESS TO CAPITAL. WE DEPLOYED CHARITABLE FUNDS TO SCALE OUR MISSION, SUPPORTING EARLY-STAGE COMPANIES AND TAKING LP POSITIONS IN MISSION-ALIGNED FUNDS.THE ORGANIZATIONS WE SUPPORTED SPAN VITAL SECTORS, INCLUDING HEALTH, EDUCATION, CLIMATE RESILIENCE, AND FINANCIAL INCLUSION. MANY SERVE COMMUNITIES THAT HAVE HISTORICALLY FACED BARRIERS TO OPPORTUNITY. OUR SUPPORT HELPED THESE VENTURES GROW, ATTRACT FOLLOW-ON INVESTMENT, AND INCREASE VISIBILITY ACROSS FUNDING AND NETWORK ECOSYSTEMS.THE DEPLOYMENT OF ALL OUR FUNDS WAS DRIVEN BY OUR CHARITABLE PURPOSE, ENSURING EACH ACTION WAS MISSION-FIRST, DESIGNED TO INCREASE OPPORTUNITY AND REDUCE SYSTEMIC INEQUITY. OUR MODEL IS DISTINGUISHED BY A FOUNDER-FRIENDLY APPROACH THAT CENTERS TRUST, FLEXIBILITY, AND ALIGNMENT. BY MINIMIZING EXTRACTIVE TERMS AND SIMPLIFYING CAPITAL FLOW, WE UNLOCK CATALYTIC SUPPORT FOR VENTURES OFTEN EXCLUDED BY TRADITIONAL INVESTMENT OR PHILANTHROPIC PATHWAYS.WE ALSO LAUNCHED A MODEL C FISCAL SPONSORSHIP PROGRAM, PROVIDING OPERATIONAL INFRASTRUCTURE FOR EMERGING CHARITABLE INITIATIVES LED BY UNDERREPRESENTED FOUNDERS. THIS NEW OFFERING REMOVES EARLY ADMINISTRATIVE BARRIERS, ENABLING FOUNDERS TO PILOT AND GROW MISSION-DRIVEN WORK WITHOUT NEEDING TO FORM STANDALONE NONPROFITS.IN PARALLEL, INSPIRE ACCESS CONTINUED TO SHAPE HOW PHILANTHROPY ENGAGES WITH THE PRIVATE SECTOR. THROUGH CONVENINGS, ADVISORY WORK, AND FISCAL SPONSORSHIP, WE CREATED NEW PATHWAYS FOR DONORS AND ENTREPRENEURS TO COLLABORATE. THESE EFFORTS REFLECT OUR BROADER MISSION: TO EXPAND ACCESS, REDUCE FRICTION, AND SHIFT HOW CHARITABLE CAPITAL FLOWS TOWARD INCLUSIVE ECONOMIC OPPORTUNITY

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since October 2022.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.