Spero Collaborative
- Assets
- $9.9k
- Revenue
- $51.9k
- Investments
- $0.0
- Employees
- 1
- Location
- Monterey, CA
- Founding
- 09/2015
- Data as of
- 12/2020
- EIN
- 47-3490301
Organization Overview
Spero Collaborative is located in Monterey, CA. The organization was established in 2015. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spero Collaborative 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 12/2020, Spero Collaborative generated $51.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (8.8%) each year. All expenses for the organization totaled $102.5k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION CONNECTS CARE-GIVERS, COMMUNITY BUILDERS AND COMPASSIONATE EXPERTS ACROSS BORDERS FOR COLLABORATIVE, CREATIVE AND CONTEXT APPROPRIATE REVITALIZATION OF COMMUNITIES IN CRISIS BOTH ONLINE AND ON THE GROUND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH COMMUNITY SERVICE PROJECTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Bajari Director | Officer | $0 | |
Jc Myers President | Trustee | $0 | |
Tracy Winkleblack Treasurer | Trustee | $0 | |
Sue Storm Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $51,847 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,847 |
| Total Program Service Revenue | $0 |
| Investment income | $10 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $51,857 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $84,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,815 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,300 |
| Advertising and promotion | $345 |
| Office expenses | $1,792 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,588 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $102,479 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,944 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,944 |
| Accounts payable and accrued expenses | $16,652 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $16,652 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | -$6,708 |
| Total liabilities and net assets/fund balances | $9,944 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Spero Collaborative has recieved totaling $105,959.
| Awarding Organization | Amount |
|---|---|
Vcj Family Foundation Fountain Hills, AZ PURPOSE: GENERAL SUPPORT | $100,000 |
Network For Good Inc Washington, DC PURPOSE: Unrestricted | $5,959 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Edward Charles Foundation Beverly Hills, CA | $22,160,900 | $41,333,882 |
Asu Research Enterprise Tempe, AZ | $25,129,055 | $57,628,345 |
Sheryl Sandberg & Dave Goldberg Family Foundation Palo Alto, CA | $7,237,479 | $10,073,242 |
Bi-Bett Walnut Creek, CA | $8,734,847 | $8,886,262 |
California Foundation For Independent Living Centers Sacramento, CA | $3,702,594 | $8,030,349 |
Community Access Network Non Profit Corporation Corona, CA | $7,199,298 | $6,228,219 |
Elder Care Alliance Alameda, CA | $36,709,405 | $4,507,097 |
Los Angeles Police Foundation Los Angeles, CA | $14,536,566 | $5,939,965 |
Our Little Helpers Inc Los Angeles, CA | $244,623 | $3,613,015 |
Arsolas Distribution Center And Community Services Oakland, CA | $0 | $4,046,289 |
Clatsop Community Action Astoria, OR | $4,439,328 | $4,346,082 |
Varsity Team Inc San Diego, CA | $1,446,243 | $4,030,641 |