Civic Intelligence

Spaaces Foundation Inc.

990EZ • Fiscal year 2024 • EIN 84-5004237

Jan 01, 2024 to Dec 31, 2024 • Filed on Mar 03, 2025

2087 Princeton StSarasota, FL 34237

(941) 374-3492

Siviq Scores

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

Liabilities / Assets

84th percentile

0.21x

Higher debt load relative to assets than 84% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

81st percentile

0.09x

Higher debt load relative to revenue than 81% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

76th percentile

23%

Higher net margin than 76% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

94th percentile

141%

Faster asset growth than 94% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

86th percentile

63%

Faster revenue growth than 86% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$76,912

Up $44,935 (+141%) from 2023

Net Assets

Up

$60,838

Up $41,663 (+217%) from 2023

Liabilities

Up

$16,074

Up $3,272 (+26%) from 2023

Revenue

Up

$178,226

Up $69,004 (+63%) from 2023

Expenses

Up

$137,879

Up $28,165 (+26%) from 2023

Net Income

Up

$40,347

Up $40,839 (+8301%) from 2023

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2022: $23,383Liabilities 2022: $4,948Net Assets 2022: $18,4352022Assets 2023: $31,977Liabilities 2023: $12,802Net Assets 2023: $19,1752023Assets 2024: $76,912Liabilities 2024: $16,074Net Assets 2024: $60,8382024Assets 2025: $121,378Liabilities 2025: $18,487Net Assets 2025: $102,8912025

Highlighted filing

2024

Assets$76,912
Liabilities$16,074
Net Assets$60,838

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2022: $86,632Expenses 2022: $89,839Net Income 2022: -$3,2072022Revenue 2023: $109,222Expenses 2023: $109,714Net Income 2023: -$4922023Revenue 2024: $178,226Expenses 2024: $137,879Net Income 2024: $40,3472024Revenue 2025: $213,615Expenses 2025: $160,088Net Income 2025: $53,5272025

Highlighted filing

2024

Revenue$178,226
Expenses$137,879
Net Income$40,347
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 3, 2025
Return Version
2024v5.0
Gross Receipts
$183,651
Mission and Program Overview

Mission

To assist emerging contemporary artists

To assist emerging contemporarpy artists

Program Services

DescriptionGrantsExpenses
SPAACES BRINGS THE COMMUNITY TOGETHER TO CONSIDER A WIDE VARIETY OF ARTISTIC ACTIVITIES RELATIVE TO CURRENT SOCIAL POLITICAL AND CULTURAL MOVEMENTS-$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARIANNE C JUNKERFounderPT$0--
SARA COFFOUPresidentPT$0--
MICHAEL R STEVENSONVice PresidentPT$0--
DAVID LYONSBoard Member-$0--
KATHERINE BZURABoard Member-$0--
KAREN SULLIVANBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Spaaces Foundation Inc
EIN
84-5004237
In Care Of
% MARIANNE C JUNKER
Phone
9413743492
Address
2087 PRINCETON ST, SARASOTA, FL 34237

Signing Officer

Name
Marianne C Junker
Title
President
Phone
3124987002
Signed
2025-03-03
Discuss with paid preparer
Yes

Preparer

Firm
Francina M Hollaway CPA LLC
Address
2937 Bee Ridge Road Suite 5, Sarasota, FL 34239
Preparer
Francina M Hollaway
Phone
9419251040
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

Description amountlate fee income 102

Description of other expenses Part I line 16

Description amountrepairs and maintenance 1,219banking fees 373merchant fees 9interest expense 1,035travel 374supplies 499quickbooks fees 3,020misc 77website 1,513crm subscription 1,809marketing and social media 1,651business registration 397amortization expense 1,517depreciation expense 1,790

Other changes in net assets or fund balances Part I line 20

Description amountfund balance adjustment 1,316

Description of other assets Part II line 24

Category beginning of year end of yearfurniture and fixtures 257 0security deposits 2,500 2,500leasehold improvements 19,113 57,663undeposited funds 0 6,272

Description of total liabilities Part II line 26

Category beginning of year end of yearrefundable security deposits 5,004 7,326sales tax payable 4,804 0credit cards 2,994 8,328fla agency payable 0 420

Raw XML Appendix179 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/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTLATE FEE INCOME 102
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTREPAIRS AND MAINTENANCE 1,219BANKING FEES 373MERCHANT FEES 9INTEREST EXPENSE 1,035TRAVEL 374SUPPLIES 499QUICKBOOKS FEES 3,020MISC 77WEBSITE 1,513CRM SUBSCRIPTION 1,809MARKETING AND SOCIAL MEDIA 1,651BUSINESS REGISTRATION 397AMORTIZATION EXPENSE 1,517DEPRECIATION EXPENSE 1,790
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION AMOUNTFUND BALANCE ADJUSTMENT 1,316
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CATEGORY BEGINNING OF YEAR END OF YEARFURNITURE AND FIXTURES 257 0SECURITY DEPOSITS 2,500 2,500LEASEHOLD IMPROVEMENTS 19,113 57,663UNDEPOSITED FUNDS 0 6,272
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Description of total liabilities Part II line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARIANNE C JUNKER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03124987002
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SPAACES FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0SPAA
ReturnHeader/Filer/EIN0845004237
ReturnHeader/Filer/InCareOfNm0% MARIANNE C JUNKER
ReturnHeader/Filer/PhoneNum09413743492
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0220864553
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Francina M Hollaway CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02937 Bee Ridge Road Suite 5
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Sarasota
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd034239
ReturnHeader/PreparerPersonGrp/PhoneNum09419251040
ReturnHeader/PreparerPersonGrp/PreparationDt02025-03-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0FRANCINA M HOLLAWAY
ReturnHeader/ReturnTs02025-03-03T10:42:07-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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