Spring Point Project
Spring Point Project consistently operates with a surplus and reports no officer compensation.
EIN: 201896813 · Minneapolis, MN · NTEE: H80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.7M |
| Total Expenses | $3.2M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $7.8M |
| Transparency Score | 95/100 |
Search Intent Cockpit
Spring Point Project Form 990, Revenue, CEO Pay, and IRS Filing Signals
Spring Point Project is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Spring Point Project in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $3.7M and expenses of $3.2M.
Revenue and Expenses
Spring Point Project reported $3.7M in revenue and $3.2M in expenses, a surplus of $457K.
Executive Compensation
Top officer compensation appears as $3 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
95/100 mission score, 2 red flags, and 5 strengths are shown from structured and AI review.
Is Spring Point Project Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $2.9M (90%) |
Across stored filings, Spring Point Project shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade A | 13 stored filing years |
| Peer context | Compare with North American Lake Management Society | Minnesota and Category H context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with North American Lake Management Society →All Minnesota nonprofits
All Category H
Local and Sector Spokes
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Minneapolis, MN nonprofitsCategory H in Minnesota
Health in Minnesota
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
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Keep the Investigation Moving
Spring Point Project directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Spring Point Project
Spring Point Project (EIN: 201896813) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code H80. The organization reported total revenue of $3.7M and total assets of $8.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Spring Point Project's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Spring Point Project is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.7M |
| Total Expenses | $3.2M |
| Surplus / Deficit | +$457K |
| Total Assets | $8.3M |
| Total Liabilities | $432K |
| Net Assets | $7.8M |
| Operating Margin | 12.3% |
| Debt-to-Asset Ratio | 5.2% |
| Months of Reserves | 30.5 months |
Financial Health Grade: A
In 2023, Spring Point Project reported a surplus of $457K with revenue exceeding expenses, holds 30.5 months of operating reserves (strong position), has a debt-to-asset ratio of 5.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Spring Point Project's revenue has grown at a compound annual growth rate (CAGR) of 7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.7% | +3.8% | +8.6% |
| 2022 | -11.2% | +2.1% | +0.2% |
| 2021 | +25.9% | +14.1% | +4.4% |
| 2020 | +8.7% | +14.1% | +4.9% |
| 2019 | -14.2% | +26.5% | +2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Spring Point Project with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Spring Point Project allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $457K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all 13 available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization with annual revenues exceeding $3 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Spring Point Project's IRS 990 filings:
- Unusually low liabilities in recent years compared to earlier periods (e.g., $432,132 in 2023 vs. $5,586,819 in 2014) without clear explanation in the provided data.
- The consistent 0% officer compensation, while positive for efficiency, is unusual for an organization of this size and could warrant further inquiry into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Spring Point Project:
- Consistent positive net income, demonstrating financial sustainability (e.g., $3,706,775 revenue vs. $3,249,439 expenses in 2023).
- Steady growth in assets over the past decade, indicating strong financial management ($6,870,877 in 2014 to $8,268,932 in 2023).
- Remarkable 0% officer compensation reported across all filings, suggesting extremely low executive overhead and high program focus.
- Strong program spending efficiency, as implied by the lack of executive compensation and consistent surpluses.
- Low liabilities in recent years, indicating a healthy balance sheet.
Frequently Asked Questions about Spring Point Project
Is Spring Point Project a legitimate charity?
Spring Point Project (EIN: 201896813) is a registered tax-exempt nonprofit based in Minnesota. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.7M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Spring Point Project spend its money?
Spring Point Project directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Spring Point Project tax-deductible?
Spring Point Project is registered as a tax-exempt nonprofit (EIN: 201896813). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Spring Point Project CEO make?
Spring Point Project's highest-compensated officer earns $3 annually. The organization reported $3.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Spring Point Project's spending goes to programs?
Spring Point Project directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Spring Point Project compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Spring Point Project is above average for NTEE category H80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Spring Point Project located?
Spring Point Project is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 201896813. It is classified under NTEE code H80.
How many years of IRS 990 filings does Spring Point Project have?
Spring Point Project has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.7M in total revenue.
Is Spring Point Project a good charity?
Based on the available financial data, Spring Point Project appears to be a very good charity. It consistently operates with a surplus, has growing assets, and notably reports 0% officer compensation, indicating a strong commitment to its mission and efficient use of funds.
How has Spring Point Project's financial health changed over time?
Spring Point Project has shown consistent financial growth and stability. Its assets have increased from $6,870,877 in 2014 to $8,268,932 in 2023, and it has generally maintained a positive net income, with revenue consistently exceeding expenses in recent years.
What is the significance of 0% officer compensation?
The 0% officer compensation across all filings is highly significant. It suggests that the organization's leadership may be entirely volunteer-based or that compensation is structured in a way that it is not reported as 'officer compensation' on the 990, which would require further investigation. However, on its face, it indicates a very low administrative overhead at the executive level.
Filing History
IRS 990 filing history for Spring Point Project showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Spring Point Project's revenue has grown by 138.3%, moving from $1.6M to $3.7M. Total assets increased by 11.7% over the same period, from $7.4M to $8.3M. Total functional expenses rose by 26.8%, from $2.6M to $3.2M. In its most recent filing year (2023), Spring Point Project reported a surplus of $457K, with revenue exceeding expenses. The organization holds $432K in liabilities against $8.3M in assets (debt-to-asset ratio: 5.2%), resulting in net assets of $7.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.7M | $3.2M | $8.3M | $432K | — | View 990 |
| 2022 | $3.1M | $3.1M | $7.6M | $258K | — | View 990 |
| 2021 | $3.5M | $3.1M | $7.6M | $268K | — | View 990 |
| 2020 | $2.8M | $2.7M | $7.3M | $423K | — | View 990 |
| 2019 | $2.6M | $2.4M | $6.9M | $216K | — | View 990 |
| 2018 | $3.0M | $1.9M | $6.8M | $274K | — | View 990 |
| 2017 | $2.4M | $1.6M | $7.2M | $1.8M | — | View 990 |
| 2016 | $2.1M | $1.5M | $6.8M | $2.2M | — | View 990 |
| 2015 | $4.2M | $1.6M | $7.1M | $3.2M | — | View 990 |
| 2014 | $1.8M | $1.5M | $6.9M | $5.6M | — | View 990 |
| 2013 | $872K | $1.6M | $5.9M | $4.8M | — | View 990 |
| 2012 | $1.4M | $1.8M | $6.8M | $5.0M | — | View 990 |
| 2011 | $1.6M | $2.6M | $7.4M | $5.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.7M, expenses of $3.2M, and assets of $8.3M (revenue +17.7% year-over-year).
- 2022: Revenue of $3.1M, expenses of $3.1M, and assets of $7.6M (revenue -11.2% year-over-year).
- 2021: Revenue of $3.5M, expenses of $3.1M, and assets of $7.6M (revenue +25.9% year-over-year).
- 2020: Revenue of $2.8M, expenses of $2.7M, and assets of $7.3M (revenue +8.7% year-over-year).
- 2019: Revenue of $2.6M, expenses of $2.4M, and assets of $6.9M (revenue -14.2% year-over-year).
- 2018: Revenue of $3.0M, expenses of $1.9M, and assets of $6.8M (revenue +27.4% year-over-year).
- 2017: Revenue of $2.4M, expenses of $1.6M, and assets of $7.2M (revenue +10.7% year-over-year).
- 2016: Revenue of $2.1M, expenses of $1.5M, and assets of $6.8M (revenue -49.3% year-over-year).
- 2015: Revenue of $4.2M, expenses of $1.6M, and assets of $7.1M (revenue +137.3% year-over-year).
- 2014: Revenue of $1.8M, expenses of $1.5M, and assets of $6.9M (revenue +104.0% year-over-year).
- 2013: Revenue of $872K, expenses of $1.6M, and assets of $5.9M (revenue -37.1% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.8M, and assets of $6.8M (revenue -10.9% year-over-year).
- 2011: Revenue of $1.6M, expenses of $2.6M, and assets of $7.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Spring Point Project:
Data Sources and Methodology
This transparency report for Spring Point Project is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.