Civic Intelligence

Spur Impact Association

990 • Fiscal year 2020 • EIN 82-3990289

Oct 01, 2019 to Sep 30, 2020 • Filed on Mar 01, 2021

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

91st percentile

0.75x

Higher debt load relative to assets than 91% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

92nd percentile

0.66x

Higher debt load relative to revenue than 92% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

23rd percentile

-17%

Higher net margin than 23% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

92nd percentile

$50,000

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 22.6% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

89th percentile

112%

Faster asset growth than 89% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

27th percentile

-41%

Faster revenue growth than 27% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$194,843

Up $103,092 (+112%) from 2019

Net Assets

Down

$49,287

Down $37,053 (-43%) from 2019

Liabilities

Up

$145,556

Up $140,145 (+2590%) from 2019

Revenue

Down

$220,922

Down $155,477 (-41%) from 2019

Expenses

Down

$259,418

Down $15,854 (-5.8%) from 2019

Net Income

Down

-$38,496

Down $139,623 (-138%) from 2019

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

2020

Assets$194,843
Liabilities$145,556
Net Assets$49,287

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

2020

Revenue$220,922
Expenses$259,418
Net Income-$38,496
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Mar 1, 2021
Return Version
2019v5.2
Gross Receipts
$220,922
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
Savings and Temporary Cash Investments$30,107$135,121▲ $105,014
Rtn Earn Endowment Incm Other Fnds$86,340$49,287▼ $37,053
Investments Other Securities$51,306$26,181▼ $25,125
Intangible Assets-$20,833-
Cash and Non-Interest-Bearing Accounts$10,338$12,208▲ $1,870
Accounts Receivable-$500-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$91,751$194,843▲ $103,092
Liabilities
Unsecured Notes Loans Payable-$135,700-
Accounts Payable and Accrued Expenses$5,411$5,782▲ $371
Other Liabilities$0$2,509▲ $2,509
Grants Payable-$1,565-
Total Liabilities$5,411$145,556▲ $140,145
Net Assets / Fund Balance
Total Net Assets Fund Balance$86,340$49,287▼ $37,053
Total Liabilities and Net Assets / Fund Balance$91,751$194,843▲ $103,092

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$26,181--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Charles VincentExecutive DirectorFT$50,000$50,000
Emma PautlerBoard MemberPT$9,000$9,000

Board Members and Trustees

NameTitle
Adam MorganPresident
Brittany KellerVice President
Christofer JohnsonBoard Member
Kevin HunterBoard Member
Kyle Evans GayBoard Member
Meghan ErdmanBoard Member
David KubackiSecretary
Verity WatsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$20,123
Program Service Revenue
$178,426
Investment Income
$1,097
Other Revenue
$21,276
All Other Contributions
$20,123
Change in Net Assets
$-38,496
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$121,445
Salaries, Compensation, and Employee Benefits$89,225
Grants and Similar Amounts Paid$48,748
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$40,000$10,000-$50,000
Grants to Domestic Orgs$47,804--$47,804
Other Salaries and Wages$26,240$6,560-$32,800
Advertising$25,497$4,116-$29,613
Office Expenses$12,912$534-$13,446
Fees for Services Accounting-$9,118-$9,118
Payroll Taxes$5,140$1,285-$6,425
Other Expenses$4,167$4,884-$4,167
Insurance-$2,433-$2,433
Travel$212$1,662-$1,874
Conferences and Meetings$1,263$434-$1,697
Occupancy-$1,362-$1,362
Grants to Domestic Individuals$944--$944
All Other Expenses-$670-$670
Fees for Service Investment Mgmnt Fees-$563-$563
Total Functional Expenses$215,797$43,621$0$259,418
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
United Way of DelawareWilmington, DE501(c)(3)Do More 24 Delaware Gives Day 2020$47,804
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Wages$2,509
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 35% controlled entity
No
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
2021-03-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles Vincent
Formed
2018
Legal Domicile
De
Voting Board Members
9
Independent Board Members
9
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 XI, LINE 9:

Adjustment for accrued wages -3,700. Adjustment for capitalization of website 5,000.

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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt079758
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt172940
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt219220
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt36508
IRS990/ProgSrvcAccomActy2Grp/Desc0THE PURSUIT OF HEALTH & WELLNESS EXPO IS DELAWARE'S LARGEST HEALTH FAIR AND TRADE SHOW. IT TAKES PLACE AT THE SAME TIME AND IN THE SAME VENUE AS THE DELAWARE CHARITY CHALLENGE WINTER INDOOR TRIATHLON ON THE FIRST WEEKEND IN JANUARY. AT THE 2020 EVENT, MORE THAN 800 ATTENDEES VISITED WITH 85 DIFFERENT EXHIBITORS OVER THE COURSE OF THE HEALTH FAIR.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt018702
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt019220
IRS990/ProgSrvcAccomActy3Grp/Desc0THE DELAWARE GIVES PLATFORM (DEGIVES.ORG) PROVIDES NONPROFITS AN EASY AND TURNKEY WAY FOR NONPROFITS TO RAISE MONEY FROM INDIVIDUAL SUPPORTERS FOR THEIR GENERAL OPERATIONS OR EVENTS. SPUR IMPACT LED AND USED THE PLATFORM TO HELP ORGANIZE THE STATEWIDE DO MORE 24 DELAWARE GIVES DAY EVENT ON MARCH 4-5, 2020, WHICH RAISED NEARLY $400,000 FOR 276 DELAWARE NONPROFITS OVER 24 HOURS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0103990
IRS990/ProgSrvcAccomActy3Grp/GrantAmt047827
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt079758
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/ExpenseAmt037873
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt0921
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt027784
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0221416
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt02285
IRS990/PYInvestmentIncomeAmt0101
IRS990/PYOtherExpensesAmt0209431
IRS990/PYOtherRevenueAmt01380
IRS990/PYProgramServiceRevenueAmt0153502
IRS990/PYRevenuesLessExpensesAmt0101127
IRS990/PYSalariesCompEmpBnftPaidAmt063556
IRS990/PYTotalExpensesAmt0275272
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0376399
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-38496
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt072940
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt086340
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt049287
IRS990/SavingsAndTempCashInvstGrp/BOYAmt030107
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0135121
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt020123
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0221416
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt044050
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0285589
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01097
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0309
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt016
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01422
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0178426
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt0153502
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt049354
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0381282
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01097
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0309
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt016
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01422
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt021275
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt01380
IRS990ScheduleA/OtherIncome509Grp/TotalAmt022655
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0666871
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0198549
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0374918
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt093404
IRS990ScheduleA/Total509Grp/TotalAmt0666871
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0220921
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0376607
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt093420
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0690948
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/OtherLiabilitiesOrgGrp/Amt02509
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED WAGES
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt026181
IRS990ScheduleD/OtherSecuritiesGrp/Desc0DELAWARE COMMUNITY FOUNDATION
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt026181
IRS990ScheduleD/TotalLiabilityAmt02509
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt047804
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0DO MORE 24 DELAWARE GIVES DAY 2020
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0UNITED WAY OF DELAWARE
IRS990ScheduleI/RecipientTable/RecipientEIN0510073399
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0625 N ORANGE ST 3RD FLOOR
IRS990ScheduleI/RecipientTable/USAddress/CityNm0WILMINGTON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0DE
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd019801
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT 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/ExplanationTxt1BOARD 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/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNANCE DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ADJUSTMENT FOR ACCRUED WAGES -3,700. ADJUSTMENT FOR CAPITALIZATION OF WEBSITE 5,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0DE
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt091751
IRS990/TotalAssetsEOYAmt0194843
IRS990/TotalAssetsGrp/BOYAmt091751
IRS990/TotalAssetsGrp/EOYAmt0194843
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt020123
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00

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