Civic Intelligence

The Spero Foundation

990EZ • Fiscal year 2017 • EIN 80-0240592

Jan 01, 2017 to Dec 31, 2017 • Filed on Apr 17, 2018

Organization ProfileN/A
PO Box 1295Sierra Madre, CA 91025

(626) 355-4645

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2017

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2017

Net Margin

56th percentile

6.2%

Higher net margin than 56% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

70th percentile

18%

Faster asset growth than 70% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

97th percentile

294%

Faster revenue growth than 97% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$9,245

Up $1,434 (+18%) from 2016

Net Assets

Up

$9,245

Up $1,434 (+18%) from 2016

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin56th percentile

Revenue

Up

$23,066

Up $17,210 (+294%) from 2016

Expenses

Up

$21,632

Up $15,665 (+263%) from 2016

Net Income

Up

$1,434

Up $1,545 (+1392%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth70th percentile

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

$80K$60K$40K$20K$0Assets 2011: $72,526Liabilities 2011: $02011Assets 2012: $73,177Net Assets 2012: $73,1772012Assets 2013: $45,065Net Assets 2013: $45,0652013Assets 2014: $15,368Liabilities 2014: $02014Assets 2015: $7,922Net Assets 2015: $7,9222015Assets 2016: $7,811Net Assets 2016: $7,8112016Assets 2017: $9,245Net Assets 2017: $9,2452017Assets 2018: $0Net Assets 2018: $02018

Highlighted filing

2017

Assets$9,245
Liabilities-
Net Assets$9,245
Open 2017 Filing

Operations Trend

Revenue Growth97th percentile

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

$100K$50K$0-$50KRevenue 2011: $61,894Expenses 2011: $15,177Net Income 2011: $46,7172011Revenue 2012: $33,343Expenses 2012: $28,697Net Income 2012: $4,6462012Revenue 2013: $29,244Expenses 2013: $57,356Net Income 2013: -$28,1122013Revenue 2014: $2,967Expenses 2014: $32,664Net Income 2014: -$29,6972014Revenue 2015: $17,521Expenses 2015: $24,967Net Income 2015: -$7,4462015Revenue 2016: $5,856Expenses 2016: $5,967Net Income 2016: -$1112016Revenue 2017: $23,066Expenses 2017: $21,632Net Income 2017: $1,4342017Revenue 2018: $2,729Expenses 2018: $11,974Net Income 2018: -$9,2452018

Highlighted filing

2017

Revenue$23,066
Expenses$21,632
Net Income$1,434
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Apr 17, 2018
Return Version
2017v2.3
Gross Receipts
$45,236
Mission and Program Overview

Mission

The Spero Foundation, although dedicated to the financial, volunteer and consulting services of the community, will be focusing on the support of cancer victims and their families in the greater Sierra Madre area, specifically with Arcadia Methodist Hospital. The hospital has a program entitled " The Year Beyond" that provides support to the community members who have been impacted by cancer. The program provides support help with resources for the patient and their family members. Fundraising activities will benefit the program financially.

The spero foundation is dedicated to the financial, volunteer, and consulting services in our community. Our current emphasis is on individuals and organizations in our community that service or provide for the children or developmentally disabled adults. Through our fundraising efforts, we donate financially. We also volunteer our resources and time to these organizations.

Program Services

DescriptionGrantsExpenses
THE SPERO FOUNDATION MADE DONATIONS TO VARIOUS OTHER ORGANIZATIONS THAT ARE RELATED TO THEIR MISSION STATEMENT THROUGH SUCH AS THE ZENYATTA ROOM, FRIENDS IN DEED, CREATIVE ARTS GROUP, FRIENDS OF THE SIERRA MADRE LIBRARY.$18,400$18,400
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SUSAN CLIFTONPresident-$0--
LINDA KNOWLESVice Preside-$0--
HEIDI HARTMANChairman-$0--
THERESA RYANSecretary-$0--
COLLEEN MCKERNANTreasurer-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Hops for Hope$39,171$34,208$6,770$27,438
Total Events$39,171$34,208$20,719$13,489
Filing and Contact Details

Filer

Filer Name
The Spero Foundation
EIN
80-0240592
Phone
6263554645
Address
PO BOX 1295, SIERRA MADRE, CA 91025

Signing Officer

Name
Colleen Mckernan
Title
Treasurer
Phone
6263554645
Signed
2018-04-17
Discuss with paid preparer
Yes

Preparer

Firm
Zeina Maalouf CPA
Address
610 N SANTA ANITA AVE, ARCADIA, CA 91006-2722
Preparer
Zeina Maalouf
Phone
6263214880
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

“Name: creative arts group address: 108 n baldwin ave sierra madre, ca 91024 cash contribution: 8,500”

Form 990-ez, Part I, Line 16

“Expenses bank charges 180 administrative expenses 448 telephone expense 458 office expenses 793 total 1,879”

Form 990-ez, Part III

“The spero foundation is dedicated to the financial, volunteer, and consulting services in our community. Our current emphasis is on individuals and organizations in our community that service or provide for the children or developmentally disabled adults. Through our fundraising efforts, we donate financially. We also volunteer our resources and time to these organizations.”

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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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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,245
Liabilities
-
Net assets
$9,245
Revenue
$23,066
Expenses
$21,632
Net income
$1,434
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$0.00$0.00$2.73$12.0$9.25
2017Detailed filing. Detailed filing data is available for this year.$9.25$9.25$23.1$21.6$1.43
2016Detailed filing. Detailed filing data is available for this year.$7.81$7.81$5.86$5.97$0.11
2015Detailed filing. Detailed filing data is available for this year.$7.92$7.92$17.5$25.0$7.45
2014Summary only. Only limited summary data is available for this year.$15.4$0.00$2.97$32.7$29.7
2013Detailed filing. Detailed filing data is available for this year.$45.1$45.1$29.2$57.4$28.1
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$73.2$73.2$33.3$28.7$4.65
2011Summary only. Only limited summary data is available for this year.$72.5$0.00$61.9$15.2$46.7