Civic Intelligence

Spur Impact Association

990 • Fiscal year 2019 • EIN 82-3990289

Oct 01, 2018 to Sep 30, 2019 • Filed on Jan 29, 2020

P O Box 25208Wilmington, DE 19899-5208

(302) 566-8008

Siviq Scores

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

Liabilities / Assets

75th percentile

0.06x

Higher debt load relative to assets than 75% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

68th percentile

0.01x

Higher debt load relative to revenue than 68% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

81st percentile

27%

Higher net margin than 81% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

88th percentile

$35,192

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 9.3% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

99th percentile

2075%

Faster asset growth than 99% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

97th percentile

303%

Faster revenue growth than 97% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$91,751

Up $87,532 (+2075%) from 2018

Net Assets

Up

$86,340

Up $101,335 (+676%) from 2018

Liabilities

Down

$5,411

Down $13,803 (-72%) from 2018

Revenue

Up

$376,399

Up $282,979 (+303%) from 2018

Expenses

Up

$275,272

Up $166,857 (+154%) from 2018

Net Income

Up

$101,127

Up $116,122 (+774%) from 2018

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2018: $4,219Liabilities 2018: $19,214Net Assets 2018: -$14,9952018Assets 2019: $91,751Liabilities 2019: $5,411Net Assets 2019: $86,3402019Assets 2020: $194,843Liabilities 2020: $145,556Net Assets 2020: $49,2872020Assets 2021: $418,119Liabilities 2021: $143,581Net Assets 2021: $274,5382021Assets 2022: $183,616Liabilities 2022: $149,970Net Assets 2022: $33,6462022Assets 2023: $481,646Liabilities 2023: $145,584Net Assets 2023: $336,0622023Assets 2024: $266,534Liabilities 2024: $143,209Net Assets 2024: $123,3252024

Highlighted filing

2019

Assets$91,751
Liabilities$5,411
Net Assets$86,340

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2018: $93,420Expenses 2018: $108,415Net Income 2018: -$14,9952018Revenue 2019: $376,399Expenses 2019: $275,272Net Income 2019: $101,1272019Revenue 2020: $220,922Expenses 2020: $259,418Net Income 2020: -$38,4962020Revenue 2021: $1,906,362Expenses 2021: $1,681,111Net Income 2021: $225,2512021Revenue 2022: $1,648,770Expenses 2022: $1,889,662Net Income 2022: -$240,8922022Revenue 2023: $2,576,180Expenses 2023: $2,273,764Net Income 2023: $302,4162023Revenue 2024: $2,227,288Expenses 2024: $2,440,025Net Income 2024: -$212,7372024

Highlighted filing

2019

Revenue$376,399
Expenses$275,272
Net Income$101,127
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Jan 29, 2020
Return Version
2018v3.1
Gross Receipts
$376,399
Mission and Program Overview

Mission

To be the premier hub developing, engaging, and inspiring tomorrow's leaders by fostering connections with people, non-profits, and businesses to promote growth personally, professionally, and philanthropically.

Focused on connecting young professionals and inspiring them to get involved and make an impact in their career and community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$-14,995$86,340▲ $101,335
Investments Other Securities-$51,306-
Savings and Temporary Cash Investments$16$30,107▲ $30,091
Loans From Officers Directors$15,000$0▼ $15,000
Cash and Non-Interest-Bearing Accounts$4,203$10,338▲ $6,135
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$4,219$91,751▲ $87,532
Liabilities
Accounts Payable and Accrued Expenses$4,214$5,411▲ $1,197
Total Liabilities$19,214$5,411▼ $13,803
Net Assets / Fund Balance
Total Net Assets Fund Balance$-14,995$86,340▲ $101,335
Total Liabilities and Net Assets / Fund Balance$4,219$91,751▲ $87,532

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$51,306--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Charles VincentExecutive DirectorFT$35,192$35,192

Board Members and Trustees

NameTitle
Kyle Evans GayPresident
Brittany KellerVice President
Christofer JohnsonBoard Member
David KubackiBoard Member
Emma PautlerBoard Member
Verity WatsonSecretary
Adam MorganTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$221,416
Program Service Revenue
$153,502
Investment Income
$101
Other Revenue
$1,380
All Other Contributions
$221,416
Change in Net Assets
$101,127
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$209,431
Salaries, Compensation, and Employee Benefits$63,556
Grants and Similar Amounts Paid$2,285
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$24,634$10,558-$35,192
Advertising$30,338$1,345-$31,683
Other Salaries and Wages$16,694$7,154-$23,848
Office Expenses$17,789$1,864-$19,653
Payroll Taxes$3,161$1,355-$4,516
Conferences and Meetings$2,653$1,540-$4,193
Travel$507$3,147-$3,654
Insurance$882$1,720-$2,602
Fees for Services Accounting-$2,313-$2,313
Grants to Domestic Individuals$2,285--$2,285
Occupancy-$1,070-$1,070
Other Expenses$3,339$755-$755
Interest-$311-$311
Fees for Service Investment Mgmnt Fees-$43-$43
Total Functional Expenses$237,216$38,056$0$275,272
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$15,000$0▼ $15,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Management and the finance committee review the form 990 and related schedules prior to filing. Once the form 990 is reviewed, the audit committee reports to the board about the return. The board authorizes the filing of the return.

Form 990, Part VI, Section B, Line 12C

Board members and staff are required to complete the form annually. Should a perceived conflict arise, the executive director and / or the board president (depending on the person) will address the situation to seek clarity and, if necessary, take appropriate action.

Form 990, Part VI, Section C, Line 19

The organization makes its governance documents available upon request.

Filing and Contact Details

Filer

Filer Name
Spur Impact Association
EIN
82-3990289
Phone
3025668008
Address
P O BOX 25208, WILMINGTON, DE 19899-5208

Signing Officer

Name
Charles Vincent
Title
Executive Director
Phone
3025668008
Signed
2020-01-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles Vincent
Formed
2018
Legal Domicile
De
Voting Board Members
7
Independent Board Members
7
Employees
2
Volunteers
75

Preparer

Firm
Walz Group
Address
PO BOX 5555, LANCASTER, PA 17606-5555
Preparer
Daniel T Massey
Phone
7173928200
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

Spur impact is developing a new initiative called delaware gives, which will include a new event called delaware gives day, which will be a comprehensive and statewide day of giving to benefit multiple nonprofits serving delaware and which is scheduled to be held in march 2020. As part of this initiative, spur impact has received grant funding to develop a new website platform, which will be used to facilitate the event and related fundraising efforts on delaware gives day and throughout the year.

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IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE OTHER SPUR IMPACT INITIATIVES ARE THE NINE INNINGS OF NETWORKING, THE DELAWARE DIFFERENCE MAKERS, AND DELAWARE GIVES DAY. THE NINE INNINGS OF NETWORKING IS A JOB FAIR AND NETWORKING EVENT HELD TWICE A YEAR IN THE BEGINNING AND LATE SUMMER. THE EVENTS ARE HELD DURING A BASEBALL GAME AT A LOCAL MINOR LEAGUE STADIUM, ALLOWING FOR A MORE RELAXED NETWORKING AND RECRUITING ATMOSPHERE. THE DELAWARE DIFFERENCE MAKERS IS AN INFORMAL NETWORKING GROUP DESIGNED TO HELP THOSE WHO WORK IN THE NONPROFIT SECTOR MEET THEIR COUNTERPARTS, SHARE BEST PRACTICES, AND OTHERWISE DISCOVER NEW OR EMERGING INDUSTRY TRENDS OR EVENTS. DELAWARE GIVES DAY IS DESCRIBED ABOVE IN SCHEDULE O.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt019723
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt07276
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt044050
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01610
IRS990/PYInvestmentIncomeAmt016
IRS990/PYOtherExpensesAmt0106805
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt049354
IRS990/PYRevenuesLessExpensesAmt0-14995
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0108415
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt093420
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0101127
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0100933
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-14995
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt086340
IRS990/SavingsAndTempCashInvstGrp/BOYAmt016
IRS990/SavingsAndTempCashInvstGrp/EOYAmt030107
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE CURRENT YEAR IS THE ORGANIZATION'S SECOND YEAR IN OPERATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, SECTION C, LINE 15
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0221416
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt044050
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0265466
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0309
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt016
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0325
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0153502
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt049354
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0202856
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0309
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt016
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0325
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt01380
IRS990ScheduleA/OtherIncome509Grp/TotalAmt01380
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0468322
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0374918
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt093404
IRS990ScheduleA/Total509Grp/TotalAmt0468322
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0376607
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt093420
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0470027
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
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt051306
IRS990ScheduleD/OtherSecuritiesGrp/Desc0DELAWARE COMMUNITY FOUNDATION
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt051306
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0START UP COSTS OF ORGANIZATION
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt015000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0CHARLES VINCENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0EXECUTIVE DIRECTOR OF ORGANIZATION
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SPUR IMPACT IS DEVELOPING A NEW INITIATIVE CALLED DELAWARE GIVES, WHICH WILL INCLUDE A NEW EVENT CALLED DELAWARE GIVES DAY, WHICH WILL BE A COMPREHENSIVE AND STATEWIDE DAY OF GIVING TO BENEFIT MULTIPLE NONPROFITS SERVING DELAWARE AND WHICH IS SCHEDULED TO BE HELD IN MARCH 2020. AS PART OF THIS INITIATIVE, SPUR IMPACT HAS RECEIVED GRANT FUNDING TO DEVELOP A NEW WEBSITE PLATFORM, WHICH WILL BE USED TO FACILITATE THE EVENT AND RELATED FUNDRAISING EFFORTS ON DELAWARE GIVES DAY AND THROUGHOUT THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MANAGEMENT AND THE FINANCE COMMITTEE REVIEW THE FORM 990 AND RELATED SCHEDULES PRIOR TO FILING. ONCE THE FORM 990 IS REVIEWED, THE AUDIT COMMITTEE REPORTS TO THE BOARD ABOUT THE RETURN. THE BOARD AUTHORIZES THE FILING OF THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS AND STAFF ARE REQUIRED TO COMPLETE THE FORM ANNUALLY. SHOULD A PERCEIVED CONFLICT ARISE, THE EXECUTIVE DIRECTOR AND / OR THE BOARD PRESIDENT (DEPENDING ON THE PERSON) WILL ADDRESS THE SITUATION TO SEEK CLARITY AND, IF NECESSARY, TAKE APPROPRIATE ACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNANCE DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd01
IRS990/StatesWhereCopyOfReturnIsFldCd0DE
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt04219
IRS990/TotalAssetsEOYAmt091751
IRS990/TotalAssetsGrp/BOYAmt04219
IRS990/TotalAssetsGrp/EOYAmt091751
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0221416
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt038056
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0237216
IRS990/TotalFunctionalExpensesGrp/TotalAmt0275272
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt019214
IRS990/TotalLiabilitiesEOYAmt05411
IRS990/TotalLiabilitiesGrp/BOYAmt019214
IRS990/TotalLiabilitiesGrp/EOYAmt05411
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-14995
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt086340
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt019723
IRS990/TotalOtherProgSrvcRevenueAmt07276
IRS990/TotalProgramServiceExpensesAmt0237216
IRS990/TotalProgramServiceRevenueAmt0153502
IRS990/TotalReportableCompFromOrgAmt035192
IRS990/TotalRevenueGrp/ExclusionAmt0101
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0154882
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0376399
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt075
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04219
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt091751
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt03147
IRS990/TravelGrp/ProgramServicesAmt0507
IRS990/TravelGrp/TotalAmt03654
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0P O BOX 25208

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