The Spring Inc
- Assets
- $6.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Mateo, CA
- Founding
- 04/2002
- Data as of
- 04/2022
- EIN
- 91-2139972
Organization Overview
The Spring Inc is located in San Mateo, CA. The organization was established in 2002. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spring Inc 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 04/2022, Spring Inc generated $22.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.4%) each year. All expenses for the organization totaled $25.5k during the year ending 04/2022. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janet Yang President & CEO | 20 | $0 | |
Wai-Chung Mary Cheng CFO | 0.5 | $0 | |
Betty Kan Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,741 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $22,741 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $700 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,829 |
| Other expenses | $20,385 |
| Total expenses | $25,514 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,617 |
| Other assets | $0 |
| Total assets | $6,617 |
| Total liabilities | $0 |
| Net assets or fund balances | $6,617 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that The Spring Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Oak Foundation Inc Stony Brook, NY PURPOSE: GENERAL FUND | $500 |
Oak Foundation Inc Stony Brook, NY PURPOSE: GENERAL FUND | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alliance For Housing And Healing Los Angeles, CA | $3,099,540 | $10,429,736 |
Fred Maytag Family Foundation San Francisco, CA | $67,782,266 | $1,530,855 |
Voice Of Prophecy Riverside, CA | $11,402,103 | $7,152,408 |
Science And Nonduality Sebastopol, CA | $5,779,504 | $9,674,990 |
College Golf Fellowship Roseville, CA | $4,740,992 | $5,717,609 |
Associated Builders & Contractors Of Southern California Anaheim, CA | $3,214,682 | $4,513,844 |
Domestic Violence Action Center Honolulu, HI | $7,468,123 | $5,543,164 |
Tao Fellowship Sedona, AZ | $19,067,372 | $2,706,388 |
Seed International Inc Santa Fe Springs, CA | $2,583,624 | $3,984,978 |
Ocean Institute Dana Point, CA | $15,364,958 | $4,927,903 |
Friends Of Balboa Park San Diego, CA | $11,444,507 | $4,238,672 |
William Temple House Portland, OR | $4,383,500 | $3,360,205 |