Spero Recovery Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 199,003 | 177,073 | 21,930 | 0.6 | — |
| 2019 | 757,630 | 755,941 | 1,689 | 0.0 | 32% |
| 2020 | 1,649,488 | 1,420,268 | 229,220 | 1.9 | 34% |
| 2021 | 1,649,345 | 1,646,770 | 2,575 | 1.7 | 38% |
| 2022 | 1,749,533 | 1,684,170 | 65,363 | 2.1 | 39% |
| 2023 | 1,210,881 | 1,509,602 | −298,721 | -0.8 | 41% |
In its most recent public year (2023), this organization spent $298,721 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.8 months), down from 0.6 in 2018. Staff pay was 41% 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
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