Civic Intelligence

Spero

990EZ • Fiscal year 2023 • EIN 82-3016222

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 29, 2024

Organization Profilewww.spero-nonprofit.org
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.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

45th percentile

0.5%

Higher net margin than 45% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

57th percentile

5.3%

Faster asset growth than 57% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

78th percentile

41%

Faster revenue growth than 78% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets62nd percentile

Assets

Up

$15,565

Up $779 (+5.3%) from 2022

Net Assets

Up

$15,507

Up $779 (+5.3%) from 2022

Liabilities

Flat

$58

Flat from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin45th percentile

Revenue

Up

$152,624

Up $44,739 (+41%) from 2022

Expenses

Down

$151,845

Down $2,494 (-1.6%) from 2022

Net Income

Up

$779

Up $47,233 (+102%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth57th percentile

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

2023

Assets$15,565
Liabilities$58
Net Assets$15,507
Open 2023 Filing

Operations Trend

Revenue Growth78th percentile

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

2023

Revenue$152,624
Expenses$151,845
Net Income$779
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 29, 2024
Return Version
2023v5.1
Gross Receipts
$163,188
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.-$14,518
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jonah TraasethExecutive DirectorFT$0--
Sara ThompsonPresident-$0--
Debbie RobbinsTreasurer-$0--
Peter TewaltSecretary-$0--
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
2024-08-29
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: $36033”

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

“| Donee's Name: Valoare Plus | Cash Amount Given: $26921”

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

“| Donee's Name: Catalyst | Cash Amount Given: $61502”

Other Expenses.1001

“Advertising and Promotion $4026”

Other Expenses.1002

“Office Expenses $271”

Other Expenses.1005

“Travel $9317”

Other Expenses.1

“Dues and subscriptions $1018”

Other Expenses.2

“Bank fees $726”

Other Expenses.3

“Payroll processing fees $558”

Other Expenses.4

“Meals & entertainment $75”

Total Liabilities.1

“Other liabilities - Beginning $58 Other liabilities - Ending $58”

Raw XML Appendix134 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Jeanne Francis
IRS990EZ/BooksInCareOfDetail/PhoneNum07155798412
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01114 E 38th St
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Minneapolis
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055407
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt014786
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt015565
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0159666
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0779
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02860
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt014786
IRS990EZ/Form990TotalAssetsGrp/EOYAmt015565
IRS990EZ/FundraisingGrossIncomeAmt03522
IRS990EZ/GrantsAndSimilarAmountsPaidAmt0124456
IRS990EZ/GrossReceiptsAmt0163188
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt014728
IRS990EZ/NetAssetsOrFundBalancesEOYAmt015507
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt014728
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt015507
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt13.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt23.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt33.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
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/OtherExpensesTotalAmt015991
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/ProgramServiceExpensesAmt014518
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt08538
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt010564
IRS990EZ/SpecialEventsNetIncomeLossAmt0-7042
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt058
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt058
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0151845
IRS990EZ/TotalProgramServiceExpensesAmt014518
IRS990EZ/TotalRevenueAmt0152624
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/WebsiteAddressTxt0www.spero-nonprofit.org
IRS990ScheduleA/ChurchInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: Good Bureau | Cash Amount Given: $36033
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Donee's Name: Valoare Plus | Cash Amount Given: $26921
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Donee's Name: Catalyst | Cash Amount Given: $61502
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Advertising and Promotion $4026
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Office Expenses $271
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Travel $9317
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Dues and subscriptions $1018
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Bank fees $726
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Payroll processing fees $558
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Meals & entertainment $75
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Other liabilities - Beginning $58 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.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Total Liabilities.1
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Jonah Traaseth
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Dir.
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-08-29
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/ReturnTs02024-08-29T14:40:39-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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
$15,565
Liabilities
$58
Net assets
$15,507
Revenue
$152,624
Expenses
$151,845
Net income
$779
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.83$0.00$0.82$1.92$1.26$0.67
2023Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$1.53$1.52$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$1.08$1.54$0.46
2021Detailed filing. Detailed filing data is available for this year.$0.69$0.08$0.61$1.28$1.39$0.11
2020Detailed filing. Detailed filing data is available for this year.$0.80$0.08$0.72$1.43$1.13$0.30
2019Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$1.51$1.35$0.16
2018Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.26$0.71$0.45$0.26