Civic Intelligence

Speroway Inc.

990EZ • Fiscal year 2024 • EIN 47-1700484

Jul 01, 2023 to Jun 30, 2024 • Filed on Sep 09, 2024

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

73rd percentile

0.01x

Higher debt load relative to assets than 73% of similar nonprofits.

2024 filings • NTEE B • <$500k nonprofits • Source year 2024

Liabilities / Revenue

73rd percentile

0.01x

Higher debt load relative to revenue than 73% of similar nonprofits.

2024 filings • NTEE B • <$500k nonprofits • Source year 2024

Net Margin

80th percentile

37%

Higher net margin than 80% of similar nonprofits.

2024 filings • NTEE B • <$500k nonprofits • Source year 2024

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.

2024 filings • NTEE B • <$500k nonprofits • Source year 2024

Asset Growth

93rd percentile

130%

Faster asset growth than 93% of similar nonprofits.

2024 filings • NTEE B • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

94th percentile

218%

Faster revenue growth than 94% of similar nonprofits.

2024 filings • NTEE B • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Up

$125,558

Up $70,910 (+130%) from 2023

Net Assets

Up

$124,508

Up $72,370 (+139%) from 2023

Liabilities

Down

$1,050

Down $1,460 (-58%) from 2023

Revenue And Expenses
Liabilities / Revenue73rd percentileNet Margin80th percentile

Revenue

Up

$194,525

Up $133,430 (+218%) from 2023

Expenses

Up

$122,155

Up $65,106 (+114%) from 2023

Net Income

Up

$72,370

Up $68,324 (+1689%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth93rd 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

2024

Assets$125,558
Liabilities$1,050
Net Assets$124,508
Open 2024 Filing

Operations Trend

Revenue Growth94th 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

2024

Revenue$194,525
Expenses$122,155
Net Income$72,370
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Sep 9, 2024
Return Version
2023v5.0
Gross Receipts
$194,525
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-$122,155
TO PROVIDE SUPPORT AND EMPOWER VUNERABLE CHILDREN AROUND THE WORLD THROUGH THE WORLD THROUGH FOOD, EDUCATION AND HEALTHCARE.--
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KENNETH FORBESPresident-$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
2024-09-09
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 10

“Speroway canada 4,500 3390 s service road suite 101 burlington on 14031”

Form 990-ez, Part I, Line 16

“Expenses supplies 489 20,613 total 21,102”

Form 990-ez, Part II, Line 26

“Loan from affiliate 2,510 1,050”

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 Appendix143 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/BOYAmt054648
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0125558
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0194525
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt072370
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt096553
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt054648
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0125558
IRS990EZ/GrantsAndSimilarAmountsPaidAmt04500
IRS990EZ/GrossReceiptsAmt0194525
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt052138
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0124508
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt052138
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0124508
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
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/OtherExpensesTotalAmt021102
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/ProgramServiceExpensesAmt0122155
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02510
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01050
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0122155
IRS990EZ/TotalProgramServiceExpensesAmt0122155
IRS990EZ/TotalRevenueAmt0194525
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/OtherSupportSumAmt0194525
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0081051260
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt0194525
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0194525
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0GERARDO ALBERTO CACERES NOVOA I
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt0GERARDO ALBERTO CACERES NOVOA I
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0194525
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SPEROWAY CANADA 4,500 3390 S SERVICE ROAD SUITE 101 BURLINGTON ON 14031
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES SUPPLIES 489 20,613 TOTAL 21,102
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LOAN FROM AFFILIATE 2,510 1,050
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO PROVIDE SUPPORT AND EMPOWER VUNERABLE CHILDREN AROUND THE WORLD THROUGH FOOD, EDUCATION AND HEALTHCARE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO PROVIDE SUPPORT AND EMPOWER VUNERABLE CHILDREN AROUND THE WORLD THROUGH
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KENNETH FORBES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07167591500
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-09-09
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/PreparationDt02024-09-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TIMOTHY M BROWN CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-10-01T11:52:03-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$125,558
Liabilities
$1,050
Net assets
$124,508
Revenue
$194,525
Expenses
$122,155
Net income
$72,370
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