Spero Family Foundation
- Assets
- $580.3k
- Revenue
- $96.6k
- Investments
- $576.5k
- Employees
- 0
- Location
- New York, NY
- Founding
- 06/2014
- Data as of
- 12/2021
- EIN
- 46-4093872
Organization Overview
Spero Family Foundation is located in New York, NY. The organization was established in 2014. According to its NTEE Classification (D19) the organization is classified as: Support N.E.C., under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spero Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Spero Family Foundation generated $96.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.9% each year . All expenses for the organization totaled $68.9k during the year ending 12/2021. While expenses have increased by 1.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Spero Family Foundation has awarded 95 individual grants totaling $311,923. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charlie R Spero President | 0 | $0 | |
Carrie A Spero Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $73,248 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $23,137 |
| Capital Gain Net Income | $23,137 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $206 |
| Total Revenue | $96,591 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $746 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $330 |
| Total operating and administrative expenses | $1,076 |
| Contributions, gifts, grants paid | $67,776 |
| Total expenses and disbursements | $68,852 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,805 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $472,213 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $580,281 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Spero Family Foundation has awarded $67,776 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: GENERAL PURPOSE | $50,000 |
New Haven, CT PURPOSE: GENERAL PURPOSE | $10,000 |
New York, NY PURPOSE: GENERAL PURPOSE | $2,126 |
Alexandria, VA PURPOSE: GENERAL PURPOSE | $2,000 |
FORDHAM UNIVERSITY PURPOSE: GENERAL PURPOSE | $1,000 |
UNIVERSITY OF PENNSYLVANIA PURPOSE: GENERAL PURPOSE | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Territorio De Zaguates Inc Greenvale, NY | $117,674 | $1,037,157 |
Iaabc Foundation Cranberry Township, PA | $307,450 | $580,460 |
Spero Family Foundation New York, NY | $580,281 | $96,591 |
Pawsitive Pantry Waitsfield, VT | $94,098 | $0 |
Lucky Dog Rehabilitation Center Fleetwood, PA | $38,548 | $0 |
Lycoming County Beagle Club Inc Picture Rocks, PA | $682,119 | $49,357 |
Friends Of Danvers Dog Park Danvers, MA | $5,678 | $0 |
Animal Talks Inc Roslindale, MA | $0 | $0 |