Spur Impact Association
EIN: 823990289 · Wilmington, DE · NTEE: S80
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $2.3M |
| Net Assets | $336K |
Is Spur Impact Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Spur Impact Association
Spur Impact Association (EIN: 823990289) is a nonprofit organization based in Wilmington, DE, classified under NTEE code S80. The organization reported total revenue of $2.2M and total assets of $267K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Spur Impact Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Spur Impact Association is a mid-size nonprofit that has been operating for 7 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 94.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $2.3M |
| Surplus / Deficit | +$302K |
| Total Assets | $482K |
| Total Liabilities | $146K |
| Net Assets | $336K |
| Operating Margin | 11.7% |
| Debt-to-Asset Ratio | 30.2% |
| Months of Reserves | 2.5 months |
Financial Health Grade: A
In 2023, Spur Impact Association reported a surplus of $302K with revenue exceeding expenses, holds 2.5 months of operating reserves (limited), has a debt-to-asset ratio of 30.2% (moderate leverage).
Financial Trends
Over 6 years of filings (2018–2023), Spur Impact Association's revenue has grown at a compound annual growth rate (CAGR) of 94.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +56.2% | +20.3% | +162.3% |
| 2022 | -13.5% | +12.4% | -56.1% |
| 2021 | +762.9% | +548.0% | +114.6% |
| 2020 | -41.3% | -5.8% | +112.4% |
| 2019 | +302.9% | +153.9% | +2074.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Spur Impact Association has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Spur Impact Association with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $302K, with revenue exceeding expenses.
- Debt-to-asset ratio: 30.2%.
Frequently Asked Questions about Spur Impact Association
Is Spur Impact Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Spur Impact Association (EIN: 823990289) insufficient data. 0 red flags identified, 0 strengths noted.
How does Spur Impact Association spend its money?
Detailed spending breakdown data is not yet available for Spur Impact Association. Check back for updated IRS 990 analysis.
Are donations to Spur Impact Association tax-deductible?
Spur Impact Association is registered as a tax-exempt nonprofit (EIN: 823990289). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Spur Impact Association located?
Spur Impact Association is headquartered in Wilmington, Delaware and files with the IRS under EIN 823990289. It is classified under NTEE code S80.
How many years of IRS 990 filings does Spur Impact Association have?
Spur Impact Association has 6 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 $2.2M in total revenue.
Filing History
IRS 990 filing history for Spur Impact Association showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Spur Impact Association's revenue has grown by 2657.6%, moving from $93K to $2.6M. Total assets increased by 11316.1% over the same period, from $4K to $482K. Total functional expenses rose by 1997.3%, from $108K to $2.3M. In its most recent filing year (2023), Spur Impact Association reported a surplus of $302K, with revenue exceeding expenses. The organization holds $146K in liabilities against $482K in assets (debt-to-asset ratio: 30.2%), resulting in net assets of $336K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $2.3M | $482K | $146K | — | View 990 |
| 2022 | $1.6M | $1.9M | $184K | $150K | — | View 990 |
| 2021 | $1.9M | $1.7M | $418K | $144K | — | View 990 |
| 2020 | $221K | $259K | $195K | $146K | — | View 990 |
| 2019 | $376K | $275K | $92K | $5K | — | View 990 |
| 2018 | $93K | $108K | $4K | $19K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $2.3M, and assets of $482K (revenue +56.2% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.9M, and assets of $184K (revenue -13.5% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.7M, and assets of $418K (revenue +762.9% year-over-year).
- 2020: Revenue of $221K, expenses of $259K, and assets of $195K (revenue -41.3% year-over-year).
- 2019: Revenue of $376K, expenses of $275K, and assets of $92K (revenue +302.9% year-over-year).
- 2018: Revenue of $93K, expenses of $108K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Spur Impact Association:
Data Sources and Methodology
This transparency report for Spur Impact Association 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.