Civic Intelligence

Sphereus Foundation

990EZ • Fiscal year 2021 • EIN 27-1155929

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 12, 2022

15335 NE 95st STRedmond, WA 98052

(425) 241-7058

Siviq Scores

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

Liabilities / Assets

97th percentile

1.81x

Higher debt load relative to assets than 97% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

94th percentile

0.99x

Higher debt load relative to revenue than 94% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

11th percentile

-50%

Higher net margin than 11% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

88th percentile

$34,000

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 80.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

8th percentile

-54%

Faster asset growth than 8% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

71st percentile

37%

Faster revenue growth than 71% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$23,235

Down $26,930 (-54%) from 2020

Net Assets

Down

-$18,904

Down $21,300 (-889%) from 2020

Liabilities

Down

$42,139

Down $5,630 (-12%) from 2020

Revenue

Up

$42,503

Up $11,576 (+37%) from 2020

Expenses

Up

$63,803

Up $30,888 (+94%) from 2020

Net Income

Down

-$21,300

Down $19,312 (-971%) from 2020

Historical Trend

Balance Sheet Trend

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

$100K$50K$0-$50KAssets 2018: $28,209Liabilities 2018: $1,570Net Assets 2018: $26,6392018Assets 2019: $11,787Liabilities 2019: $7,403Net Assets 2019: $4,3842019Assets 2020: $50,165Liabilities 2020: $47,769Net Assets 2020: $2,3962020Assets 2021: $23,235Liabilities 2021: $42,139Net Assets 2021: -$18,9042021Assets 2022: $6,136Liabilities 2022: $41,522Net Assets 2022: -$35,3862022Assets 2023: $5,249Liabilities 2023: $46,760Net Assets 2023: -$41,5112023

Highlighted filing

2021

Assets$23,235
Liabilities$42,139
Net Assets-$18,904

Operations Trend

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

$100K$50K$0-$50KRevenue 2018: $55,102Expenses 2018: $48,283Net Income 2018: $6,8192018Revenue 2019: $69,666Expenses 2019: $91,921Net Income 2019: -$22,2552019Revenue 2020: $30,927Expenses 2020: $32,915Net Income 2020: -$1,9882020Revenue 2021: $42,503Expenses 2021: $63,803Net Income 2021: -$21,3002021Revenue 2022: $52,530Expenses 2022: $69,012Net Income 2022: -$16,4822022Revenue 2023: $42,687Expenses 2023: $48,812Net Income 2023: -$6,1252023

Highlighted filing

2021

Revenue$42,503
Expenses$63,803
Net Income-$21,300
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 12, 2022
Return Version
2021v4.1
Gross Receipts
$42,503
Mission and Program Overview

Mission

The SphereUs Foundation aims to increase positive interactions between parents who are geographically dispersed yet jointly rearing their minors (children under 18 years of age).The corporations primary purpose is:(a) To provide funding and other social services to men, women, and children whocomprise dispersed families;(b) To give back to the communities we serve through support of local public andprivate education providers and to donate to research in the areas of ovarian andprostate cancer, heart disease, autism, and diabetes;(c) To assist children with supplemental education services to achieve selfsufficiency and competency in order to improve high school graduation rates,increase college admittance levels, increase college graduation rates, and augmentemployment opportunities as a result;(d) To improve the fitness and wellbeing of all dispersed family members, improving attitude, esteem, and longevity while lowering disease and obesity rates.

Program Services

DescriptionGrantsExpenses
2021 was a post-pandemic-rebuilding-year that saw innumerable processes re-engineered within the greater education market in the United States. Some districts opened their doors so that students could return for full-time, in-person instruction. Other districts adopted hybrid environments which kept teleconferencing and learning management systems as integral to their blended approaches. In light of these changes, our accomplishments emphasized facilitating this new era of education by providing consulting in the areas of recommending new technologies and professional development alternatives. While the loss of learning in 2020 was abysmal, our impact made positive contributions to 2021s renewed emphasis on education improvement strategies. Unfortunately, the pandemic is an on-going scourge to avoid; a malaise that continues to impinge on education as we know it. For this reason, creative improvement processes and technologies will be necessary in 2022 and beyond. Accordingly, our support will continue to emphasize augmenting positive student outcomes by helping to close the learning gaps that educators grapple with on a day-to-day basis.-$36,172
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Christopher WirkkalaPresidentPT$34,000-$34,000
Michael Steiner MDDirector-$0--
Filing and Contact Details

Filer

Filer Name
Sphereus Foundation
EIN
27-1155929
Phone
4252417058
Address
15335 NE 95st ST, Redmond, WA 98052

Signing Officer

Name
Christopher Wirkkala
Title
President
Signed
2022-11-12
Discuss with paid preparer
Yes

Preparer

Firm
Peterson Campoli & Associates CPAs PLLC
Address
1473 Erie Blvd 2nd Flr, Schenectady, NY 12305
Preparer
Colleen M Campoli CPA
Phone
5183729518
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $110

Other Expenses.1003

Information Technology $1255

Other Expenses.1005

Travel $11391

Other Expenses.1007

Conferences, Conventions, and Meetings $2605

Other Expenses.1012

Insurance $350

Other Expenses.1

Comminication Equipment $1851

Other Expenses.2

Meals & Entertainment $1303

Other Expenses.3

Unemployment & Worker Comp $1082

Other Expenses.4

Donations $300

Other Expenses.5

Training $110

Other Expenses.6

Bank & Credit Card Fee $99

Other Expenses.7

Government Filing Fees $10

Other Assets.1011

Prepaid Expenses and Deferred Charges - Beginning $4166 Prepaid Expenses and Deferred Charges - Ending $1387

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $1795

Total Liabilities.1

Payroll Liability - Beginning $874 Payroll Liability - Ending $1744

Total Liabilities.2

SBA Loan - Beginning $38600 SBA Loan - Ending $38600

Total Liabilities.3

PPP Loan - Beginning $8295 PPP Loan - Ending $0

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Conferences, Conventions, and Meetings $2605
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance $350
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-12
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ReturnHeader/Filer/EIN0271155929
ReturnHeader/Filer/PhoneNum04252417058
ReturnHeader/Filer/USAddress/AddressLine1Txt015335 NE 95st ST
ReturnHeader/Filer/USAddress/CityNm0Redmond
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098052
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0270419866
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ReturnHeader/PreparerPersonGrp/PhoneNum05183729518
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Colleen M Campoli CPA
ReturnHeader/ReturnTs02022-11-12T10:37:47-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Christopher
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Wirkkala
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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