Civic Intelligence

Spero

990EZ • Fiscal year 2022 • EIN 82-3016222

Jan 01, 2022 to Dec 31, 2022 • Filed on May 11, 2023

4357 Snelling AveMinneapolis, MN 55406

(715) 579-8412

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.00x

Higher debt load relative to assets than 62% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

59th percentile

0.00x

Higher debt load relative to revenue than 59% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

11th percentile

-43%

Higher net margin than 11% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

90th percentile

$40,000

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 37.1% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

5th percentile

-79%

Faster asset growth than 5% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

27th percentile

-16%

Faster revenue growth than 27% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$14,786

Down $54,654 (-79%) from 2021

Net Assets

Down

$14,728

Down $46,454 (-76%) from 2021

Liabilities

Down

$58

Down $8,200 (-99%) from 2021

Revenue

Down

$107,885

Down $20,572 (-16%) from 2021

Expenses

Up

$154,339

Up $14,964 (+11%) from 2021

Net Income

Down

-$46,454

Down $35,536 (-325%) from 2021

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2018: $26,152Liabilities 2018: $0Net Assets 2018: $26,1522018Assets 2019: $42,664Liabilities 2019: $90Net Assets 2019: $42,5742019Assets 2020: $80,013Liabilities 2020: $7,913Net Assets 2020: $72,1002020Assets 2021: $69,440Liabilities 2021: $8,258Net Assets 2021: $61,1822021Assets 2022: $14,786Liabilities 2022: $58Net Assets 2022: $14,7282022Assets 2023: $15,565Liabilities 2023: $58Net Assets 2023: $15,5072023Assets 2024: $82,513Liabilities 2024: $58Net Assets 2024: $82,4552024

Highlighted filing

2022

Assets$14,786
Liabilities$58
Net Assets$14,728

Operations Trend

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

$200K$100K$0-$100KRevenue 2018: $71,343Expenses 2018: $45,291Net Income 2018: $26,0522018Revenue 2019: $151,277Expenses 2019: $134,855Net Income 2019: $16,4222019Revenue 2020: $142,658Expenses 2020: $113,132Net Income 2020: $29,5262020Revenue 2021: $128,457Expenses 2021: $139,375Net Income 2021: -$10,9182021Revenue 2022: $107,885Expenses 2022: $154,339Net Income 2022: -$46,4542022Revenue 2023: $152,624Expenses 2023: $151,845Net Income 2023: $7792023Revenue 2024: $192,471Expenses 2024: $125,523Net Income 2024: $66,9482024

Highlighted filing

2022

Revenue$107,885
Expenses$154,339
Net Income-$46,454
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 11, 2023
Return Version
2022v5.0
Gross Receipts
$123,897
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

DescriptionGrantsExpenses
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.-$129,234
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jonah TraasethExecutive DirectorFT$40,000-$40,000
Sara ThompsonPresident-$0--
Debbie RobbinsTreasurer-$0--
Peter TewaltSecretary-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Gala$19,187$19,187$16,012$3,175
Total Events$19,187$19,187$16,012$3,175
Filing and Contact Details

Filer

Filer Name
Spero
EIN
82-3016222
Phone
7155798412
Address
4357 Snelling Ave, Minneapolis, MN 55406

Signing Officer

Name
Jonah Traaseth
Title
Executive Director
Signed
2023-05-11
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: $56343

Grants and Similar Amounts Paid In Excess of $5,000.2

| Donee's Name: Valoare Plus | Cash Amount Given: $11415

Grants and Similar Amounts Paid In Excess of $5,000.3

| Donee's Name: Catalyst | Cash Amount Given: $38000

Other Expenses.1001

Advertising and Promotion $503

Other Expenses.1002

Office Expenses $768

Other Expenses.1012

Insurance $68

Other Expenses.1

Bank fees $1429

Other Expenses.2

Dues and subscriptions $481

Other Expenses.3

Meals & entertainment $298

Other Assets.1005

Accounts Receivable - Beginning $32808 Accounts Receivable - Ending $0

Other Assets.1011

Prepaid Expenses and Deferred Charges - Beginning $51 Prepaid Expenses and Deferred Charges - Ending $0

Total Liabilities.1

Other liabilities - Beginning $8258 Other liabilities - Ending $58

Raw XML Appendix159 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.

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IRS990EZ/BooksInCareOfDetail/PhoneNum07155798412
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01114 E 38th St
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Minneapolis
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055407
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt036581
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IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Jonah Traaseth
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Sara Thompson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Debbie Robbins
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Peter Tewalt
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Executive Dir.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt032859
IRS990EZ/OtherExpensesTotalAmt03547
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Connecting donors to vetted international non-profits fighting human trafficking.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Conducted 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/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0129234
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SalariesOtherCompEmplBnftAmt043184
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt016012
IRS990EZ/SpecialEventsNetIncomeLossAmt03175
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt08258
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt058
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0154339
IRS990EZ/TotalProgramServiceExpensesAmt0129234
IRS990EZ/TotalRevenueAmt0107885
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/WebsiteAddressTxt0www.spero-nonprofit.org
IRS990ScheduleA/ChurchInd0X
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
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt016012
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Golf Gala
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt019187
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt019187
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt019187
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt03175
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt016012
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt016012
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: Good Bureau | Cash Amount Given: $56343
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Donee's Name: Valoare Plus | Cash Amount Given: $11415
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Donee's Name: Catalyst | Cash Amount Given: $38000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Advertising and Promotion $503
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Office Expenses $768
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Insurance $68
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Bank fees $1429
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Dues and subscriptions $481
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Meals & entertainment $298
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Accounts Receivable - Beginning $32808 Accounts Receivable - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Prepaid Expenses and Deferred Charges - Beginning $51 Prepaid Expenses and Deferred Charges - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Other liabilities - Beginning $8258 Other liabilities - Ending $58
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Grants and Similar Amounts Paid In Excess of $5,000.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Grants and Similar Amounts Paid In Excess of $5,000.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Assets.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Assets.1011
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Total Liabilities.1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Jonah Traaseth
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Dir.
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Spero
ReturnHeader/Filer/BusinessNameControlTxt0SPER
ReturnHeader/Filer/EIN0823016222
ReturnHeader/Filer/PhoneNum07155798412
ReturnHeader/Filer/USAddress/AddressLine1Txt04357 Snelling Ave
ReturnHeader/Filer/USAddress/CityNm0Minneapolis
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055406
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0464357921
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Jacobs & Baxter CPAs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt012805 Highway 55 Ste 204
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Minneapolis
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055441
ReturnHeader/PreparerPersonGrp/PhoneNum07635590940
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Deborah L Jacobs CPA
ReturnHeader/ReturnTs02023-05-11T07:03:53-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Jonah
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Traaseth
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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Filings