Civic Intelligence

Spring Initiative Inc.

990 • Fiscal year 2016 • EIN 45-2243846

Aug 01, 2015 to Jul 31, 2016

Clarksdale, MS
Siviq Scores

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

Liabilities / Assets

78th percentile

0.13x

Higher debt load relative to assets than 78% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

81st percentile

0.09x

Higher debt load relative to revenue than 81% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

74th percentile

17%

Higher net margin than 74% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

78th percentile

29%

Faster asset growth than 78% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

4th percentile

-81%

Faster revenue growth than 4% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$31,712

Up $7,137 (+29%) from 2015

Net Assets

Up

$27,544

Up $7,567 (+38%) from 2015

Liabilities

Down

$4,168

Down $430 (-9.4%) from 2015

Revenue

Down

$44,911

Down $188,220 (-81%) from 2015

Expenses

Down

$37,185

Down $232,482 (-86%) from 2015

Net Income

Up

$7,726

Up $44,262 (+121%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2013: $17,272Liabilities 2013: $1,2222013Assets 2014: $61,121Liabilities 2014: $3,0822014Assets 2015: $24,575Liabilities 2015: $4,598Net Assets 2015: $19,9772015Assets 2016: $31,712Liabilities 2016: $4,168Net Assets 2016: $27,5442016Assets 2017: $125,339Liabilities 2017: $2,061Net Assets 2017: $123,2782017Assets 2018: $147,274Liabilities 2018: $1,244Net Assets 2018: $146,0302018Assets 2019: $190,497Liabilities 2019: $4,771Net Assets 2019: $185,7262019Assets 2020: $763,127Liabilities 2020: $5,867Net Assets 2020: $757,2602020Assets 2021: $854,736Liabilities 2021: $13,077Net Assets 2021: $841,6592021Assets 2022: $713,536Liabilities 2022: $17,015Net Assets 2022: $696,5212022Assets 2023: $745,682Liabilities 2023: $8,250Net Assets 2023: $737,4322023Assets 2024: $713,415Liabilities 2024: $4,361Net Assets 2024: $709,0542024

Highlighted filing

2016

Assets$31,712
Liabilities$4,168
Net Assets$27,544

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2013: $84,628Expenses 2013: $68,085Net Income 2013: $16,5432013Revenue 2014: $174,289Expenses 2014: $132,300Net Income 2014: $41,9892014Revenue 2015: $233,131Expenses 2015: $269,667Net Income 2015: -$36,5362015Revenue 2016: $44,911Expenses 2016: $37,185Net Income 2016: $7,7262016Revenue 2017: $567,732Expenses 2017: $465,424Net Income 2017: $102,3082017Revenue 2018: $604,462Expenses 2018: $581,711Net Income 2018: $22,7512018Revenue 2019: $695,327Expenses 2019: $655,631Net Income 2019: $39,6962019Revenue 2020: $1,333,861Expenses 2020: $763,284Net Income 2020: $570,5772020Revenue 2021: $995,248Expenses 2021: $924,008Net Income 2021: $71,2402021Revenue 2022: $1,036,107Expenses 2022: $1,180,586Net Income 2022: -$144,4792022Revenue 2023: $1,468,640Expenses 2023: $1,428,202Net Income 2023: $40,4382023Revenue 2024: $1,429,863Expenses 2024: $1,458,241Net Income 2024: -$28,3782024

Highlighted filing

2016

Revenue$44,911
Expenses$37,185
Net Income$7,726
Filing Detail Status

This 2016 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

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Filing Snapshot
Filing Period
Aug 1, 2015 to Jul 31, 2016
Mission and Program Overview

Mission

Spring empowers youth to discover and unleash their potential through a holistically personal and educational approach by promoting emotional well-being, academic growth and excellence, community engagement and global exposure, social connectedness, physical health and creative expression. Spring functions as a daily after-school program that provides academic instruction, enrichment and support in a framework of stable and trusting relationships with peers and adults. Spring creates opportunities for its students to identify positive, possible future selves by building the academic skills and confidence necessary and encouraging its students to engage with others and themselves in a kind and proactive way. Spring believes that by exposing its students to new places, individuals, ideas and approaches the kids will be empowered to dream big. Spring students overcome obstacles in a supportive environment as they develop goals and a vision for their lives.

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