Civic Intelligence

Speroway Inc.

990EZ • Fiscal year 2023 • EIN 47-1700484

Jul 01, 2022 to Jun 30, 2023 • Filed on Nov 02, 2023

Organization ProfileWWW.SPEROWAY.COM
10535 Main StreetClarence, NY 14031

(716) 759-1500

Siviq Scores

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

Liabilities / Assets

79th percentile

0.05x

Higher debt load relative to assets than 79% of similar nonprofits.

2023 filings • NTEE B • <$500k nonprofits • Source year 2023

Liabilities / Revenue

81st percentile

0.04x

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

2023 filings • NTEE B • <$500k nonprofits • Source year 2023

Net Margin

48th percentile

6.6%

Higher net margin than 48% of similar nonprofits.

2023 filings • NTEE B • <$500k nonprofits • Source year 2023

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

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

2023 filings • NTEE B • <$500k nonprofits • Source year 2023

Asset Growth

64th percentile

11%

Faster asset growth than 64% of similar nonprofits.

2023 filings • NTEE B • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

99th percentile

67783%

Faster revenue growth than 99% of similar nonprofits.

2023 filings • NTEE B • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets79th percentile

Assets

Up

$54,648

Up $5,506 (+11%) from 2022

Net Assets

Up

$52,138

Up $4,046 (+8.4%) from 2022

Liabilities

Up

$2,510

Up $1,460 (+139%) from 2022

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin48th percentile

Revenue

Up

$61,095

Up $61,005 (+67783%) from 2022

Expenses

Up

$57,049

Up $32,706 (+134%) from 2022

Net Income

Up

$4,046

Up $28,299 (+117%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth64th percentile

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

$150K$100K$50K$0Assets 2018: $60,712Liabilities 2018: $1,050Net Assets 2018: $59,6622018Assets 2019: $37,133Liabilities 2019: $6,645Net Assets 2019: $30,4882019Assets 2020: $39,780Liabilities 2020: $1,845Net Assets 2020: $37,9352020Assets 2021: $74,190Liabilities 2021: $1,845Net Assets 2021: $72,3452021Assets 2022: $49,142Liabilities 2022: $1,050Net Assets 2022: $48,0922022Assets 2023: $54,648Liabilities 2023: $2,510Net Assets 2023: $52,1382023Assets 2024: $125,558Liabilities 2024: $1,050Net Assets 2024: $124,5082024Assets 2025: $63,676Net Assets 2025: $63,6762025

Highlighted filing

2023

Assets$54,648
Liabilities$2,510
Net Assets$52,138
Open 2023 Filing

Operations Trend

Revenue Growth99th percentile

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

$200K$100K$0-$100KRevenue 2018: $86,090Expenses 2018: $26,428Net Income 2018: $59,6622018Revenue 2019: $38,550Expenses 2019: $67,724Net Income 2019: -$29,1742019Revenue 2020: $89,325Expenses 2020: $81,878Net Income 2020: $7,4472020Revenue 2021: $68,361Expenses 2021: $33,951Net Income 2021: $34,4102021Revenue 2022: $90Expenses 2022: $24,343Net Income 2022: -$24,2532022Revenue 2023: $61,095Expenses 2023: $57,049Net Income 2023: $4,0462023Revenue 2024: $194,525Expenses 2024: $122,155Net Income 2024: $72,3702024Revenue 2025: $62,000Expenses 2025: $123,882Net Income 2025: -$61,8822025

Highlighted filing

2023

Revenue$61,095
Expenses$57,049
Net Income$4,046
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Nov 2, 2023
Return Version
2022v5.0
Gross Receipts
$61,095
Mission and Program Overview

Mission

To provide support and empower vulnerable children around the world through food, education and healthcare.

To provide support and empower vunerable children around the world through food, education and healthcare.

Program Services

DescriptionGrantsExpenses
TO PROVIDE SUPPORT AND EMPOWER VUNERABLE CHILDREN AROUND THE WORLD THROUGH THE WORLD THROUGH FOOD, EDUCATION AND HEALTHCARE.$61,095$62,094
TO PROVIDE SUPPORT AND EMPOWER VUNERABLE CHILDREN AROUND THE WORLD THROUGH-$56,050
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KENNETH FORBESPresidentPT$0--
LYNN SPINASecretary-$0--
OTIS GARRISONTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Speroway Inc
EIN
47-1700484
Phone
7167591500
Address
10535 MAIN STREET, CLARENCE, NY 14031

Signing Officer

Name
Kenneth Forbes
Title
President
Phone
7167591500
Signed
2023-11-02
Discuss with paid preparer
Yes

Preparer

Firm
The Zlc Group Cpas LLC
Address
2399 SWEET HOME RD, AMHERST, NY 14228
Preparer
Timothy M Brown CPA
Phone
7168399001
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses bank fees 999 supplies 443 travel 3,915 total 5,357”

Form 990-ez, Part II, Line 26

“Loan from affiliate 1,050 2,510”

Form 990-ez, Part III

“To provide support and empower vunerable children around the world through food, education and healthcare.”

Form 990-ez, Part III, Line 31

“To provide support and empower vunerable children around the world through”

Raw XML Appendix157 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt0NONE
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0OTIS GARRISON
IRS990EZ/BooksInCareOfDetail/PhoneNum07167591500
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt010535 MAIN STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CLARENCE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd014031
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt049142
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt054648
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt061095
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt04046
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt051692
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt049142
IRS990EZ/Form990TotalAssetsGrp/EOYAmt054648
IRS990EZ/GrossReceiptsAmt061095
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt048092
IRS990EZ/NetAssetsOrFundBalancesEOYAmt052138
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt048092
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt052138
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KENNETH FORBES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LYNN SPINA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2OTIS GARRISON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt05357
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE SUPPORT AND EMPOWER VUNERABLE CHILDREN AROUND THE WORLD THROUGH FOOD, EDUCATION AND HEALTHCARE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE SUPPORT AND EMPOWER VUNERABLE CHILDREN AROUND THE WORLD THROUGH THE WORLD THROUGH FOOD, EDUCATION AND HEALTHCARE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1TO PROVIDE SUPPORT AND EMPOWER VUNERABLE CHILDREN AROUND THE WORLD THROUGH
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt061095
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt062094
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt156050
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01050
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02510
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt057049
IRS990EZ/TotalProgramServiceExpensesAmt0118144
IRS990EZ/TotalRevenueAmt061095
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.SPEROWAY.COM
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/OtherSupportSumAmt030548
IRS990ScheduleA/SupportedOrganizationsCnt02
IRS990ScheduleA/SupportedOrganizationsTotalCnt02
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0081051260
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1522022113
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd1true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd12
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt023000
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt17548
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt023000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt17548
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0GERARDO ALBERTO CACERES NOVOA I
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1FONKOZE USA INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt0GERARDO ALBERTO CACERES NOVOA I
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt030548
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES BANK FEES 999 SUPPLIES 443 TRAVEL 3,915 TOTAL 5,357
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LOAN FROM AFFILIATE 1,050 2,510
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO PROVIDE SUPPORT AND EMPOWER VUNERABLE CHILDREN AROUND THE WORLD THROUGH FOOD, EDUCATION AND HEALTHCARE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO PROVIDE SUPPORT AND EMPOWER VUNERABLE CHILDREN AROUND THE WORLD THROUGH
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KENNETH FORBES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07167591500
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SPEROWAY INC
ReturnHeader/Filer/BusinessNameControlTxt0SPER
ReturnHeader/Filer/EIN0471700484
ReturnHeader/Filer/PhoneNum07167591500
ReturnHeader/Filer/USAddress/AddressLine1Txt010535 MAIN STREET
ReturnHeader/Filer/USAddress/CityNm0CLARENCE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd014031
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0474753799
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0THE ZLC GROUP CPAS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02399 SWEET HOME RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AMHERST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd014228
ReturnHeader/PreparerPersonGrp/PhoneNum07168399001
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TIMOTHY M BROWN CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-11-13T18:38:22-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KENNETH
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DICK
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$54,648
Liabilities
$2,510
Net assets
$52,138
Revenue
$61,095
Expenses
$57,049
Net income
$4,046
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.64$0.64$0.62$1.24$0.62
2024Detailed filing. Detailed filing data is available for this year.$1.26$0.01$1.25$1.95$1.22$0.72
2023Detailed filing. Detailed filing data is available for this year.$0.55$0.03$0.52$0.61$0.57$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.49$0.01$0.48$0.00$0.24$0.24
2021Detailed filing. Detailed filing data is available for this year.$0.74$0.02$0.72$0.68$0.34$0.34
2020Detailed filing. Detailed filing data is available for this year.$0.40$0.02$0.38$0.89$0.82$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.37$0.07$0.30$0.39$0.68$0.29
2018Detailed filing. Detailed filing data is available for this year.$0.61$0.01$0.60$0.86$0.26$0.60