Overview

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Est.

2016

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

FRIENDS OF SPERO ACADEMY is a nonprofit organization focused on real estate and education, with a mission to purchase, own, construct, or lease a public schoolhouse for Spero Academy. Operating with a budget of $1.4 million and generating total revenue of $1.7 million in the 2024 filing year, the organization plays a critical role in supporting educational infrastructure. More information can be found on their website at www.spero.academy.

Mission Statement

TO PURCHASE, OWN, CONSTRUCT OR LEASE A PUBLIC SCHOOLHOUSE ON REAL ESTATE FOR LEASE TO SPERO ACADEMY
Revenues
$1.7M
Expenses
$1.4M
Net Income:
+$278.1K
Assets
$16.6M
Liabilities
$18.7M
Net Assets:
-$2.1M
Operating Budget
$1.4M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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C
Chandra Stone
Board Member
T
Tony Farah
Board Member
K
Kirk Wahlstrom
Board Member

Frequently Asked Questions

What is FRIENDS OF SPERO ACADEMY’s budget?
In 2024, FRIENDS OF SPERO ACADEMY reported an annual operating budget of around $1.4 million. More detailed financial information is available to registered users.
What causes does FRIENDS OF SPERO ACADEMY support?
FRIENDS OF SPERO ACADEMY supports work in Real estate and Education.
Where does FRIENDS OF SPERO ACADEMY operate?
FRIENDS OF SPERO ACADEMY is headquartered in Minneapolis, MN.