Civic Intelligence

The Spring Foundation Inc

990PF • Fiscal year 2024 • EIN 27-1498037

Jan 01, 2024 to Dec 31, 2024 • Filed on May 12, 2025

PO Box 420376Atlanta, GA 30342-0376

(770) 396-1100

Siviq Scores

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

Liabilities / Assets

9th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

9th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • $100M-$250M nonprofits • Source year 2024

Net Margin

96th percentile

79%

Higher net margin than 96% of similar nonprofits.

2024 filings • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • $100M-$250M nonprofits • Source year 2024

Asset Growth

80th percentile

14%

Faster asset growth than 80% of similar nonprofits.

2024 filings • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

95th percentile

237%

Faster revenue growth than 95% of similar nonprofits.

2024 filings • $100M-$250M nonprofits • Annualized from 2023 to 2024

Assets

Up

$120,079,101

Up $15,100,376 (+14%) from 2023

Net Assets

Up

$120,079,101

Up $15,100,376 (+14%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue

Up

$19,018,599

Up $13,367,681 (+237%) from 2023

Expenses

Down

$3,918,223

Down $914,254 (-19%) from 2023

Net Income

Up

$15,100,376

Up $14,281,935 (+1745%) from 2023

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2012: $21,143,966Liabilities 2012: $0Net Assets 2012: $21,143,9662012Assets 2013: $53,258,424Liabilities 2013: $0Net Assets 2013: $53,258,4242013Assets 2014: $66,432,322Liabilities 2014: $0Net Assets 2014: $66,432,3222014Assets 2015: $60,575,261Liabilities 2015: $0Net Assets 2015: $60,575,2612015Assets 2016: $65,645,074Liabilities 2016: $100,000Net Assets 2016: $65,545,0742016Assets 2017: $71,746,721Liabilities 2017: $0Net Assets 2017: $71,746,7212017Assets 2018: $67,451,710Liabilities 2018: $0Net Assets 2018: $67,451,7102018Assets 2019: $61,001,411Liabilities 2019: $0Net Assets 2019: $61,001,4112019Assets 2020: $62,618,989Liabilities 2020: $0Net Assets 2020: $62,618,9892020Assets 2021: $117,748,270Liabilities 2021: $0Net Assets 2021: $117,748,2702021Assets 2022: $104,160,284Liabilities 2022: $0Net Assets 2022: $104,160,2842022Assets 2023: $104,978,725Liabilities 2023: $0Net Assets 2023: $104,978,7252023Assets 2024: $120,079,101Liabilities 2024: $0Net Assets 2024: $120,079,1012024

Highlighted filing

2024

Assets$120,079,101
Liabilities$0
Net Assets$120,079,101

Operations Trend

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

$80M$60M$40M$20M$0-$20MExpenses 2012: $504,5102012Revenue 2013: $32,638,484Expenses 2013: $4,524,026Net Income 2013: $28,114,4582013Revenue 2014: $18,261,972Expenses 2014: $5,088,074Net Income 2014: $13,173,8982014Revenue 2015: -$1,293,075Expenses 2015: $4,563,986Net Income 2015: -$5,857,0612015Revenue 2016: $11,872,605Expenses 2016: $6,902,792Net Income 2016: $4,969,8132016Revenue 2017: $9,440,438Expenses 2017: $3,238,791Net Income 2017: $6,201,6472017Revenue 2018: -$1,929,128Expenses 2018: $2,365,883Net Income 2018: -$4,295,0112018Revenue 2019: -$366,630Expenses 2019: $6,083,669Net Income 2019: -$6,450,2992019Revenue 2020: $6,692,520Expenses 2020: $3,074,281Net Income 2020: $3,618,2392020Revenue 2021: $60,546,422Expenses 2021: $5,417,179Net Income 2021: $55,129,2432021Revenue 2022: -$7,184,259Expenses 2022: $6,403,727Net Income 2022: -$13,587,9862022Revenue 2023: $5,650,918Expenses 2023: $4,832,477Net Income 2023: $818,4412023Revenue 2024: $19,018,599Expenses 2024: $3,918,223Net Income 2024: $15,100,3762024

Highlighted filing

2024

Revenue$19,018,599
Expenses$3,918,223
Net Income$15,100,376
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 12, 2025
Return Version
2024v5.1
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHELLE D DOBBINSDirector/PresidentPT$0--
MICHAEL M MASTERSDirector/TreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
The Spring Foundation Inc
EIN
27-1498037
Phone
7703961100
Address
PO BOX 420376, ATLANTA, GA 30342-0376

Signing Officer

Name
Michael Masters
Title
Dir./treasurer
Phone
7703961100
Signed
2025-05-12
Discuss with paid preparer
Yes

Preparer

Firm
Warren Averett LLC
Address
3500 LENOX RD NE SUITE 1600, ATLANTA, GA 30326
Preparer
Jennifer L Farnam
Phone
7703961100
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt2SUPPORT OF PROGRAMS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt3SUPPORT OF PROGRAMS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt4SUPPORT OF PROGRAMS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt5SUPPORT OF PROGRAMS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt0CATHOLIC CHARITIES OF THE ARCHDIOCESE OF MIAMI
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt1GREATER WASHINGTON COMMUNITY FOUNDATION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt2LIFEWAY NETWORK
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt3LYMPHATIC EDUCATION & RESEARCH NETWORK
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt4PARTNERS IN HEALTH
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt5THE UNIVERSITY OF TENNESSEE FOUNDATION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt0PC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt1PC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt2PC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt3PC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt4PC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt5PC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt0NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt1NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt2NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt3NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt4NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt5NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt01505 NE 26 STREET
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt11325 G STREET NW
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt285-10 61ST ROAD
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt399 WALL STREET 5440
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt4800 BOYLSTON STREET 300
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt51525 UNIVERSITY AVENUE ROOM 223
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm0WILTON MANORS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm1WASHINGTON
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm2REGO PARK
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm3NEW YORK
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm4BOSTON
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm5KNOXVILLE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd0FL
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd1DC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd2NY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd3NY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd4MA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd5TN
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd033305
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd120005
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd211374
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd310005
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd402199
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd537921
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriApprvFutAmt00
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt02700000
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd00
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt02700000
IRS990PF/UndistributedIncomeGrp/AppliedToPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt00
IRS990PF/UndistributedIncomeGrp/CorpusDistri170b1EOr4942g3Amt00
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt05296054
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovAppCYAmt02152585
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt02152585
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovAppCYCorpusAmt02152585
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt00
IRS990PF/UndistributedIncomeGrp/PriorYearDeficiencyOrTaxAmt00
IRS990PF/UndistributedIncomeGrp/PriorYearUndistributedIncmAmt00
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt02700000
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/Taxable1Amt00
IRS990PF/UndistributedIncomeGrp/Taxable2Amt00
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt00
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt02152585
IRS990PF/UndistributedIncomeGrp/TotalForPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt0443469
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt10
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt20
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0K-1: MARLIN FUND ORDINARY LOSS/PORTFOLIO DEDUCTION
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1OTHER EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2K-1: MARLIN FUND INVESTMENT INTEREST EXPENSE
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt10
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt20
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt01071593
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt1283
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt2171
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt01071593
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt1283
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt2171
TaxesSchedule/TaxesDetail/AdjustedNetIncomeAmt00
TaxesSchedule/TaxesDetail/AdjustedNetIncomeAmt10
TaxesSchedule/TaxesDetail/Amt0122790
TaxesSchedule/TaxesDetail/Amt116961
TaxesSchedule/TaxesDetail/CategoryTxt0FEDERAL EXCISE TAX
TaxesSchedule/TaxesDetail/CategoryTxt1K-1: MARLIN FUND - FOREIGN TAX
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt00
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt10
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt00
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt116961
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL MASTERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIR./TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07703961100
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE SPRING FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0SPRI
ReturnHeader/Filer/EIN0271498037
ReturnHeader/Filer/PhoneNum07703961100
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 420376
ReturnHeader/Filer/USAddress/CityNm0ATLANTA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd0303420376
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0454084437
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WARREN AVERETT LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03500 LENOX RD NE SUITE 1600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ATLANTA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030326
ReturnHeader/PreparerPersonGrp/PhoneNum07703961100
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JENNIFER L FARNAM
ReturnHeader/ReturnTs02025-05-14T10:12:12-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$120$0.00$120$19.0$3.92$15.1
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$105$0.00$105$5.65$4.83$0.82
2022Detailed filing. Detailed filing data is available for this year.$104$0.00$104$7.18$6.40$13.6
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$118$0.00$118$60.5$5.42$55.1
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$62.6$0.00$62.6$6.69$3.07$3.62
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$61.0$0.00$61.0$0.37$6.08$6.45
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$67.5$0.00$67.5$1.93$2.37$4.30
2017Detailed filing. Detailed filing data is available for this year.$71.7$0.00$71.7$9.44$3.24$6.20
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$65.6$0.10$65.5$11.9$6.90$4.97
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$60.6$0.00$60.6$1.29$4.56$5.86
2014Detailed filing. Detailed filing data is available for this year.$66.4$0.00$66.4$18.3$5.09$13.2
2013Detailed filing. Detailed filing data is available for this year.$53.3$0.00$53.3$32.6$4.52$28.1
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.1$0.00$21.1$0.50