Friends Of@Spero Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 0 | 0 | 0 | — | — |
| 2018 | 92,961 | 1,713,287 | −1,620,326 | -11.3 | 0% |
| 2019 | 1,371,451 | 1,422,355 | −50,904 | -14.1 | 0% |
| 2020 | 1,325,426 | 1,406,446 | −81,020 | -15.0 | 0% |
| 2021 | 1,364,803 | 1,452,831 | −88,028 | -15.2 | 0% |
| 2022 | 1,435,490 | 2,088,155 | −652,665 | -14.3 | 0% |
| 2023 | 1,648,771 | 1,516,261 | 132,510 | -18.7 | 0% |
In its most recent public year (2023), this organization brought in $132,510 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-18.7 months). Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Friends Of@Spero Academy's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works