Liabilities / Assets
79th percentile
Higher debt load relative to assets than 79% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.12x
Liabilities / Revenue
76th percentile
Higher debt load relative to revenue than 76% of similar nonprofits.
Net Margin
26th percentile
Higher net margin than 26% of similar nonprofits.
Top Officer Pay
90th percentile
Higher top officer pay than 90% of similar nonprofits.
Top officer pay equals 31.1% of source-year revenue.
Asset Growth
23rd percentile
Faster asset growth than 23% of similar nonprofits.
Revenue Growth
38th percentile
Faster revenue growth than 38% of similar nonprofits.
Balance Sheet
Assets
Down$69,440
Down $10,573 (-13%) from 2020
Net Assets
Down$61,182
Down $10,918 (-15%) from 2020
Liabilities
Up$8,258
Up $345 (+4.4%) from 2020
Revenue And Expenses
Revenue
Down$128,457
Down $14,201 (-10.0%) from 2020
Expenses
Up$139,375
Up $26,243 (+23%) from 2020
Net Income
Down-$10,918
Down $40,444 (-137%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- Aug 6, 2022
- Return Version
- 2021v4.0
- Gross Receipts
- $144,076
Mission and Program Overview
Mission
Identify and empower communities fighting human trafficking internationally by funding and developing programming that addresses human trafficking's root issues.
Connecting donors to vetted international non-profits fighting human trafficking.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Conducted further research into the problem of human trafficking and its root causes in high traffic areas of the globe. Identified additional partner organizations to work with to develop and fund anti-trafficking programming. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Jonah Traaseth | Executive Director | FT | $40,000 | - | $40,000 |
| Sara Thompson | President | - | $0 | - | - |
| Debbie Robbins | Treasurer | - | $0 | - | - |
| Peter Tewalt | Secretary | - | $0 | - | - |
Fundraising, Events, and Gaming
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Golf Gala | $16,221 | $16,221 | $15,619 | $602 |
| Total Events | $16,221 | $16,221 | $15,619 | $602 |
Filing and Contact Details
Filer
- Filer Name
- Spero
- EIN
- 82-3016222
- Phone
- 7155798412
- Address
- 1114 E 38th St, Minneapolis, MN 55407
Signing Officer
- Name
- Jonah Traaseth
- Title
- Executive Director
- Signed
- 2022-08-06
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Jacobs & Baxter CPAs
- Address
- 12805 Highway 55 Ste 204, Minneapolis, MN 55441
- Preparer
- Deborah L Jacobs CPA
- Phone
- 7635590940
Supplemental Narrative
Additional Explanations
Grants and Similar Amounts Paid In Excess of $5,000.1
“| Donee's Name: Good Bureau | Cash Amount Given: $33649”
Grants and Similar Amounts Paid In Excess of $5,000.2
“| Donee's Name: Valoare Plus | Cash Amount Given: $11295”
Grants and Similar Amounts Paid In Excess of $5,000.3
“| Donee's Name: Catalyst | Cash Amount Given: $27945”
Other Expenses.1001
“Advertising and Promotion $1533”
Other Expenses.1002
“Office Expenses $5096”
Other Expenses.1005
“Travel $7281”
Other Expenses.1012
“Insurance $285”
Other Expenses.1
“Dues and subscriptions $2434”
Other Expenses.2
“Bank fees $2325”
Other Expenses.3
“Meals & entertainment $117”
Other Assets.1005
“Accounts Receivable - Beginning $0 Accounts Receivable - Ending $32808”
Other Assets.1011
“Prepaid Expenses and Deferred Charges - Beginning $0 Prepaid Expenses and Deferred Charges - Ending $51”
Other Assets.1
“Other - Beginning $25951 Other - Ending $0”
Total Liabilities.1
“Other liabilities - Beginning $7913 Other liabilities - Ending $8258”
Raw XML Appendix161 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Jeanne Francis |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7155798412 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1114 E 38th St |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Minneapolis |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 55407 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 54062 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 36581 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 127855 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -10918 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 2279 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 80013 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 69440 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 16221 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 74889 |
| IRS990EZ/GrossReceiptsAmt | 0 | 144076 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 72100 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 61182 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 72100 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 61182 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 40000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Jonah Traaseth |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Sara Thompson |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Debbie Robbins |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Peter Tewalt |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Executive Dir. |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Secretary |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 25951 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 32859 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 19071 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Connecting donors to vetted international non-profits fighting human trafficking. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Conducted further research into the problem of human trafficking and its root causes in high traffic areas of the globe. Identified additional partner organizations to work with to develop and fund anti-trafficking programming. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 43136 |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 15619 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 602 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 7913 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 8258 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 139375 |
| IRS990EZ/TotalRevenueAmt | 0 | 128457 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/WebsiteAddressTxt | 0 | www.spero-nonprofit.org |
| IRS990ScheduleA/ChurchInd | 0 | X |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 15619 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | Golf Gala |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 16221 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 16221 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 16221 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 16221 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 602 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 15619 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 15619 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | | Donee's Name: Good Bureau | Cash Amount Given: $33649 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | | Donee's Name: Valoare Plus | Cash Amount Given: $11295 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | | Donee's Name: Catalyst | Cash Amount Given: $27945 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Advertising and Promotion $1533 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Office Expenses $5096 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Travel $7281 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Insurance $285 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Dues and subscriptions $2434 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Bank fees $2325 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Meals & entertainment $117 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Accounts Receivable - Beginning $0 Accounts Receivable - Ending $32808 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Prepaid Expenses and Deferred Charges - Beginning $0 Prepaid Expenses and Deferred Charges - Ending $51 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | Other - Beginning $25951 Other - Ending $0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | Other liabilities - Beginning $7913 Other liabilities - Ending $8258 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Grants and Similar Amounts Paid In Excess of $5,000.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Grants and Similar Amounts Paid In Excess of $5,000.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Grants and Similar Amounts Paid In Excess of $5,000.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.1012 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Other Assets.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Other Assets.1011 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Other Assets.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 13 | Total Liabilities.1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd | 0 | FAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Jonah Traaseth |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Executive Dir. |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-08-06 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Spero |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SPER |
| ReturnHeader/Filer/EIN | 0 | 823016222 |
| ReturnHeader/Filer/PhoneNum | 0 | 7155798412 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1114 E 38th St |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Minneapolis |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 55407 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 464357921 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Jacobs & Baxter CPAs |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 12805 Highway 55 Ste 204 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Minneapolis |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 55441 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7635590940 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Deborah L Jacobs CPA |
| ReturnHeader/ReturnTs | 0 | 2022-08-06T13:57:46-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | Jonah |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Traaseth |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $69,440
- Liabilities
- $8,258
- Net assets
- $61,182
- Revenue
- $128,457
- Expenses
- $139,375
- Net income
- -$10,918