Civic Intelligence

Spedd Inc.

990 • Fiscal year 2020 • EIN 25-1188760

Jul 01, 2019 to Jun 30, 2020 • Filed on Jan 19, 2021

Organization Profile

View Organization Page

1129 Industrial Park Road Ste 119Vandergrift, PA 15690

(724) 568-4188

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

76th percentile

0.59x

Higher debt load relative to assets than 76% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

93rd percentile

4.75x

Higher debt load relative to revenue than 93% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Net Margin

72nd percentile

14%

Higher net margin than 72% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$200,484

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 5.9% of source-year revenue.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Asset Growth

14th percentile

-3.4%

Faster asset growth than 14% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

21st percentile

-15%

Faster revenue growth than 21% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets76th percentile

Assets

Down

$27,256,788

Down $971,408 (-3.4%) from 2019

Net Assets

Up

$11,159,280

Up $488,146 (+4.6%) from 2019

Liabilities

Down

$16,097,508

Down $1,459,554 (-8.3%) from 2019

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin72nd percentile

Revenue

Down

$3,387,014

Down $581,181 (-15%) from 2019

Expenses

Down

$2,898,868

Down $109,862 (-3.7%) from 2019

Net Income

Down

$488,146

Down $471,319 (-49%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth14th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2015: $27,969,473Liabilities 2015: $19,552,663Net Assets 2015: $8,416,8102015Assets 2016: $27,493,676Liabilities 2016: $18,991,678Net Assets 2016: $8,501,9982016Assets 2017: $27,649,183Liabilities 2017: $18,946,262Net Assets 2017: $8,702,9212017Assets 2018: $28,035,586Liabilities 2018: $18,323,917Net Assets 2018: $9,711,6692018Assets 2019: $28,228,196Liabilities 2019: $17,557,062Net Assets 2019: $10,671,1342019Assets 2020: $27,256,788Liabilities 2020: $16,097,508Net Assets 2020: $11,159,2802020Assets 2021: $27,500,100Liabilities 2021: $15,120,806Net Assets 2021: $12,379,2942021Assets 2022: $27,841,148Liabilities 2022: $14,257,823Net Assets 2022: $13,583,3252022Assets 2023: $28,692,805Liabilities 2023: $14,826,676Net Assets 2023: $13,866,1292023Assets 2024: $28,631,323Liabilities 2024: $13,646,825Net Assets 2024: $14,984,4982024Assets 2025: $28,788,923Liabilities 2025: $12,450,417Net Assets 2025: $16,338,5062025

Highlighted filing

2020

Assets$27,256,788
Liabilities$16,097,508
Net Assets$11,159,280
Open 2020 Filing

Operations Trend

Revenue Growth21st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0Revenue 2015: $3,280,144Expenses 2015: $3,081,183Net Income 2015: $198,9612015Revenue 2016: $3,052,200Expenses 2016: $2,967,007Net Income 2016: $85,1932016Revenue 2017: $3,190,248Expenses 2017: $2,989,329Net Income 2017: $200,9192017Revenue 2018: $3,962,920Expenses 2018: $2,954,172Net Income 2018: $1,008,7482018Revenue 2019: $3,968,195Expenses 2019: $3,008,730Net Income 2019: $959,4652019Revenue 2020: $3,387,014Expenses 2020: $2,898,868Net Income 2020: $488,1462020Revenue 2021: $4,058,990Expenses 2021: $2,838,976Net Income 2021: $1,220,0142021Revenue 2022: $4,019,412Expenses 2022: $2,815,381Net Income 2022: $1,204,0312022Revenue 2023: $3,034,418Expenses 2023: $2,751,614Net Income 2023: $282,8042023Revenue 2024: $3,987,457Expenses 2024: $2,869,088Net Income 2024: $1,118,3692024Revenue 2025: $4,412,783Expenses 2025: $3,058,775Net Income 2025: $1,354,0082025

Highlighted filing

2020

Revenue$3,387,014
Expenses$2,898,868
Net Income$488,146
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jan 19, 2021
Return Version
2019v5.0
Gross Receipts
$3,387,014
Mission and Program Overview

Mission

To increase employment opportunities and improve deteriorating neighborhoods in western pennsylvania through the rehabilitation of neglected industrial and commercial properties into business incubators and new venture facilities which assist small business in growing and creating jobs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$24,322,991$24,006,586▼ $316,405
Investments Program Related$2,539,928$2,391,379▼ $148,549
Cash and Non-Interest-Bearing Accounts$130,542$532,086▲ $401,544
Loans From Officers Directors$406,019$406,019→ $0
Intangible Assets$208,218$181,449▼ $26,769
Other Notes and Loans Receivable, Net$132,151$38,937▼ $93,214
Accounts Receivable$811,060$25,545▼ $785,515
Prepaid Expenses and Deferred Charges$2,844$1,270▼ $1,574
Total Assets$28,228,196$27,256,788▼ $971,408
Other Assets Total$80,462$79,536▼ $926
Liabilities
Unsecured Notes Loans Payable$14,953,406$14,007,870▼ $945,536
Other Liabilities$1,566,140$1,612,351▲ $46,211
Accounts Payable and Accrued Expenses$631,497$71,268▼ $560,229
Total Liabilities$17,557,062$16,097,508▼ $1,459,554
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$10,671,134$11,159,280▲ $488,146
Total Net Assets Fund Balance$10,671,134$11,159,280▲ $488,146
Total Liabilities and Net Assets / Fund Balance$28,228,196$27,256,788▼ $971,408

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$2,391,379--
Buildings$21,559,930$4,465,023-
Land$2,321,531--
Equipment$125,125$73,232-
Compensation and Service Providers
Top Officer Pay37th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jerome D LombardiPresident, CFT$194,400$6,084$200,484
Jerome D LombardiPresident, CEO-$194,400$6,084$200,484
Brenda SchmidtDirectorFT$57,500$4,945$62,445
Kimberly DenglerDirectorFT$45,300$4,770$50,070
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,163,443
Investment Income
$223,571
Other Revenue
$0
Change in Net Assets
$488,146

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,387,014
Total Revenue per Audited Statements
$3,387,014
Total Revenue per Form 990
$3,387,014
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,482,880
Salaries, Compensation, and Employee Benefits$415,988
Total Fundraising Expense$2,460
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$851,932--$851,932
Depreciation Depletion$541,792--$541,792
Current Officers, Directors, Trustees, and Key Employees$170,130$127,070-$297,200
All Other Expenses$149,506$12,691-$162,197
Insurance$97,308$32,436-$129,744
Other Salaries and Wages$61,635$12,010-$73,645
Other Expenses$56,105--$56,105
Fees for Services Legal$6,505$19,515-$26,020
Payroll Taxes$12,772$11,494$1,277$25,543
Other Employee Benefits$9,800$8,820$980$19,600
Travel-$17,827-$17,827
Fees for Services Accounting-$12,750-$12,750
Fees for Services Other$9,666--$9,666
Office Expenses$2,033$3,206$203$5,442
Information Technology-$4,077-$4,077
Total Functional Expenses$2,634,512$261,896$2,460$2,898,868

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,898,868
Total Expenses per Audited Statements$2,898,868
Total Expenses per Form 990$2,898,868
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$406,019$406,019→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
N/p - Brackenridge Corp$1,449,636
Prepaid Tenant Rent$85,336
Security Deposits$77,379
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Board members receive a draft copy of the 990 for review and meet with the independent auditor prior to giving final review.”

Form 990, Page 6, Part VI, Line 12C

“The board reviews any conflict of interest disclosure filed by officers, directors, trustees or key employees.”

Form 990, Page 6, Part VI, Line 15A

“The board reviews comparable market data and form 990 filings by other non-profit organizations in determining the compensation levels of the ceo and other top management officials.”

Form 990, Page 6, Part VI, Line 15B

“The board reviews comparable market data and form 990 filings by other non-profit organizations in determining the compensation levels of other officers or key employees.”

Form 990, Page 6, Part VI, Line 19

“Governing documents, conflict of interest policy, and financial statements are available to the public at the company's office during regular business hours.”

Filing and Contact Details

Filer

Filer Name
Spedd Inc
EIN
25-1188760
Phone
7245684188
Address
1129 INDUSTRIAL PARK ROAD STE 119, VANDERGRIFT, PA 15690

Signing Officer

Name
Jerome D Lombardi
Title
President, CEO
Phone
7245684188
Signed
2021-01-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jerome D Lombardi
Formed
1967
Legal Domicile
Pa
Voting Board Members
3
Independent Board Members
3
Employees
6

Preparer

Firm
Estermyer & Associates Pc
Address
246 MOON CLINTON RD STE 200, MOON TWP, PA 15108-2490
Preparer
Lj Estermyer CPA
Phone
4122646305
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“To increase employment opportunities and improve deteriorating neighborhoods in western pennsylvania through the rehabilitation of neglected industrial and commercial properties into business incubators and new venture facilities which assist small business in growing and creating jobs.”

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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0265800
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt04250
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0642170
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt03014894
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt03354332
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt03215498
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt03137321
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt02986631
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt015708676
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0372120
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0265800
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt04250
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0642170
IRS990ScheduleA/InvestmentIncomeCYPct00.04000
IRS990ScheduleA/InvestmentIncomePYPct00.02000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96070
IRS990ScheduleA/PublicSupportPY509Pct00.98290
IRS990ScheduleA/PublicSupportTotal509Amt015708676
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03014894
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt03354332
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt03215498
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt03137321
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02986631
IRS990ScheduleA/Total509Grp/TotalAmt015708676
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03387014
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt03620132
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt03215498
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt03137321
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02990881
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt016350846
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt021559930
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04465023
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt026024953
IRS990ScheduleD/EquipmentGrp/BookValueAmt0125125
IRS990ScheduleD/EquipmentGrp/DepreciationAmt073232
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0198357
IRS990ScheduleD/ExpensesSubtotalAmt02898868
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt02391379
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0INVESTMENT - ACCROTOOL, INC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/LandGrp/BookValueAmt02321531
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt02321531
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01449636
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt185336
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt277379
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0N/P - BRACKENRIDGE CORP
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PREPAID TENANT RENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt03387014
IRS990ScheduleD/TotalBookValueLandBuildingsAmt024006586
IRS990ScheduleD/TotalBookValueProgramRltdAmt02391379
IRS990ScheduleD/TotalExpensesPerForm990Amt02898868
IRS990ScheduleD/TotalLiabilityAmt01612351
IRS990ScheduleD/TotalRevenuePerForm990Amt03387014
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03387014
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02898868
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0194400
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt06084
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JEROME D LOMBARDI
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT, CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0200484
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0276894
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt1129125
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0WORKING CAPITAL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1WORKING CAPITAL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0572253
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt1136520
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0LYNN CAMPBELL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1JEROME LOMBARDI
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1true
IRS990ScheduleL/TotalBalanceDueAmt0406019
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO INCREASE EMPLOYMENT OPPORTUNITIES AND IMPROVE DETERIORATING NEIGHBORHOODS IN WESTERN PENNSYLVANIA THROUGH THE REHABILITATION OF NEGLECTED INDUSTRIAL AND COMMERCIAL PROPERTIES INTO BUSINESS INCUBATORS AND NEW VENTURE FACILITIES WHICH ASSIST SMALL BUSINESS IN GROWING AND CREATING JOBS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS RECEIVE A DRAFT COPY OF THE 990 FOR REVIEW AND MEET WITH THE INDEPENDENT AUDITOR PRIOR TO GIVING FINAL REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD REVIEWS ANY CONFLICT OF INTEREST DISCLOSURE FILED BY OFFICERS, DIRECTORS, TRUSTEES OR KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD REVIEWS COMPARABLE MARKET DATA AND FORM 990 FILINGS BY OTHER NON-PROFIT ORGANIZATIONS IN DETERMINING THE COMPENSATION LEVELS OF THE CEO AND OTHER TOP MANAGEMENT OFFICIALS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD REVIEWS COMPARABLE MARKET DATA AND FORM 990 FILINGS BY OTHER NON-PROFIT ORGANIZATIONS IN DETERMINING THE COMPENSATION LEVELS OF OTHER OFFICERS OR KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC AT THE COMPANY'S OFFICE DURING REGULAR BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt028228196
IRS990/TotalAssetsEOYAmt027256788
IRS990/TotalAssetsGrp/BOYAmt028228196
IRS990/TotalAssetsGrp/EOYAmt027256788
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt02460
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0261896
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02634512
IRS990/TotalFunctionalExpensesGrp/TotalAmt02898868
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt017557062
IRS990/TotalLiabilitiesEOYAmt016097508
IRS990/TotalLiabilitiesGrp/BOYAmt017557062
IRS990/TotalLiabilitiesGrp/EOYAmt016097508
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt010671134
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt011159280
IRS990/TotalOtherCompensationAmt015799
IRS990/TotalProgramServiceExpensesAmt02634512
IRS990/TotalProgramServiceRevenueAmt03163443
IRS990/TotalReportableCompFromOrgAmt0297200
IRS990/TotalRevenueGrp/ExclusionAmt0372120
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03014894
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03387014
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt028228196
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt027256788
IRS990/TravelGrp/ManagementAndGeneralAmt017827
IRS990/TravelGrp/TotalAmt017827
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt014953406
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt014007870
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01129 INDUSTRIAL PARD RD STE 119
IRS990/USAddress/CityNm0VANDERGRIFT
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd015690
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JEROME D LOMBARDI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT, CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum07245684188
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-01-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SPEDD INC
ReturnHeader/Filer/BusinessNameControlTxt0SPED
ReturnHeader/Filer/EIN0251188760
ReturnHeader/Filer/PhoneNum07245684188
ReturnHeader/Filer/USAddress/AddressLine1Txt01129 INDUSTRIAL PARK ROAD STE 119
ReturnHeader/Filer/USAddress/CityNm0VANDERGRIFT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd015690

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$27,256,788
Liabilities
$16,097,508
Net assets
$11,159,280
Revenue
$3,387,014
Expenses
$2,898,868
Net income
$488,146
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$28.8$12.5$16.3$4.41$3.06$1.35
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.6$13.6$15.0$3.99$2.87$1.12
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.7$14.8$13.9$3.03$2.75$0.28
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.8$14.3$13.6$4.02$2.82$1.20
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.5$15.1$12.4$4.06$2.84$1.22
2020Detailed filing. Detailed filing data is available for this year.$27.3$16.1$11.2$3.39$2.90$0.49
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.2$17.6$10.7$3.97$3.01$0.96
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.0$18.3$9.71$3.96$2.95$1.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.6$18.9$8.70$3.19$2.99$0.20
2016Detailed filing. Detailed filing data is available for this year.$27.5$19.0$8.50$3.05$2.97$0.09
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.0$19.6$8.42$3.28$3.08$0.20
Peer Organizations

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