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Nonprofiteer
← SPUR IMPACT ASSOCIATION

Form 990 for tax year 2022

Filed by SPUR IMPACT ASSOCIATION.

Totals

Total revenue
$2,576,180
Total expenses
$2,273,764
Contributions and grants received
$536,213
Grants paid
$1,648,193
Program service revenue
$2,023,761
Investment income
$13,706
Other revenue
$2,500
Total assets, end of year
$481,646
Total liabilities, end of year
$145,584
Net assets or fund balances, end of year
$336,062
Program services expenses (Part IX)
$2,192,282
Management and general expenses
$81,482
Fundraising expenses
$0
Program service expenses (Part III)
$2,192,282

Program services were 96.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $536,213

  • 2a · Program service revenue: MILLENNIAL SUMMIT

    total $1,896,646 · related or exempt $1,896,646

  • 2b · Program service revenue: DDELAWARE GIVES

    total $123,579 · related or exempt $123,579

  • 2c · Program service revenue: DE DIFFERENCE MAKERS/E

    total $1,650 · related or exempt $1,650

  • 2d · Program service revenue: PURSUIT OF HEALTH & WE

    total $1,461 · related or exempt $1,461

  • 2e · Program service revenue: NINE INNINGS OF NETWOR

    total $425 · related or exempt $425

  • 3 · Investment income

    total $13,706 · excluded $13,706

  • 11a · Other revenue: OTHER INCOME

    total $2,500 · related or exempt $2,500

  • 11e · Other revenue, total

    $2,500

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,648,193 · program services $1,648,193

  • 5 · Compensation of officers, directors and key employees

    total $105,985 · program services $84,788 · management and general $21,197

  • 7 · Other salaries and wages

    total $35,716 · program services $28,573 · management and general $7,143

  • 10 · Payroll taxes

    total $10,816 · program services $8,653 · management and general $2,163

  • 11a · Fees: management

    total $200 · program services $200

  • 11c · Fees: accounting

    total $19,352 · management and general $19,352

  • 11f · Fees: investment management

    total $1,570 · management and general $1,570

  • 12 · Advertising and promotion

    total $230,250 · program services $220,716 · management and general $9,534

  • 13 · Office expenses

    total $25,840 · program services $25,120 · management and general $720

  • 16 · Occupancy

    total $1,113 · management and general $1,113

  • 17 · Travel

    total $3,062 · program services $365 · management and general $2,697

  • 19 · Conferences, conventions and meetings

    total $3,669 · program services $2,868 · management and general $801

  • 20 · Interest

    total $3,664 · management and general $3,664

  • 23 · Insurance

    total $2,716 · management and general $2,716

  • 24a · Other expenses: FACILITY RENTALS

    total $83,919 · program services $76,821 · management and general $7,098

  • 24b · Other expenses: MISCELLANEOUS EXPENSE

    total $45,241 · program services $45,241

  • 24c · Other expenses: HONORARIUMS

    total $42,444 · program services $42,444

  • 24d · Other expenses: AMORTIZATION

    total $8,300 · program services $8,300

  • 24e · All other expenses

    total $1,714 · management and general $1,714

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $17,390 · end of year $45,608

  • 2 · Savings and temporary cash investments

    beginning of year $15,901 · end of year $265,761

  • 4 · Accounts receivable

    beginning of year $40,228 · end of year $47,828

  • 12 · Investments: other securities

    beginning of year $100,074 · end of year $120,726

  • 14 · Intangible assets

    beginning of year $10,023 · end of year $1,723

  • 17 · Accounts payable and accrued expenses

    beginning of year $12,736 · end of year $6,898

  • 18 · Grants payable

    end of year $4,437

  • 24 · Unsecured notes and loans payable

    beginning of year $134,750 · end of year $131,454

  • 25 · Other liabilities

    beginning of year $2,484 · end of year $2,795

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $33,646 · end of year $336,062

Mission and programs · 2022

Mission

TO BE THE PREMIER HUB DEVELOPING, ENGAGING, AND INSPIRING TOMORROW'S LEADERS BY FOSTERING CONNECTIONS WITH PEOPLE, NONPROFITS, AND BUSINESSES TO PROMOTE GROWTH PERSONALLY, PROFESSIONALLY, AND PHILANTHROPICALLY.

Activities or mission (Part I)

FOCUSED ON CONNECTING YOUNG PROFESSIONALS AND INSPIRING THEM TO GET INVOLVED AND MAKE AN IMPACT IN THEIR CAREER AND COMMUNITY.

  • THE SPUR GIVING INITIATIVE IS DESIGNED TO HELP NONPROFITS ACTIVATE YOUNGER DONORS AND NEW BOARD MEMBERS. SPUR IMPACT'S PLATFORM (DEGIVES.ORG) PROVIDES NONPROFITS AN EASY AND TURNKEY WAY TO RAISE MONEY FROM THESE AND OTHER INDIVIDUAL SUPPORTERS. SPUR IMPACT LED AND USED THE PLATFORM TO HELP ORGANIZE THE STATEWIDE DO MORE 24 DELAWARE GIVES DAY EVENT ON MARCH 2-3, 2023, WHICH RAISED MORE THAN $2.3 MILLION FOR 524 DELAWARE NONPROFITS FROM MORE THAN 17,000 UNIQUE DONORS OVER 24 HOURS.

    Expenses $1,825,668 · Grants $1,648,193 · Revenue $1,896,646

  • THE MILLSUMMIT IS THE PREMIER LEADERSHIP AND PROFESSIONAL DEVELOPMENT CONFERENCE DESIGNED TO HELP CONNECT EMERGING LEADERS, DIFFERENCE MAKERS, RISING STARS, AND OTHER PROFESSIONALS WHO WANT TO MAKE AN IMPACT IN THEIR CAREER AND COMMUNITY. IN 2023, THERE WERE MORE THAN 400 UNIQUE IN PERSON AND VIRTUAL ATTENDEES FROM 18 STATES, INCLUDING 61 SPEAKERS (77% OF SPEAKERS WERE WOMEN OR PERSONS OF COLOR). THE MILLSUMMIT CONTINUES TO BE AMONG THE LARGEST HYBRID CONFERENCES OF ITS KIND IN THE COUNTRY.

    Expenses $196,386 · Revenue $123,579

  • THE DELAWARE DIFFERENCE MAKERS ARE AN INFORMAL NETWORKING GROUP DESIGNED TO HELP THOSE WHO WORK IN THE NONPROFIT SECTOR MEET THEIR COUNTERPARTS, SHARE BEST PRACTICES, AND OTHERWISE DISCOVER NEW OR EMERGING INDUSTRY TRENDS OR EVENTS. IN 2023, SPUR IMPACT LAUNCHED THE EMERGING LEADERS COMMUNITY (ELC), A PROGRAM DESIGNED TO HELP TRAIN YOUNG PROFESSIONALS AND EMERGING LEADERS INTERESTED IN PHILANTHROPY AND NONPROFIT BOARD LEADERSHIP. THE ELC WILL HELP DEVELOP AND GROW THE TALENT PIPELINE AND HELP PLACE ELC MEMBERS ONTO NONPROFIT BOARDS.

    Expenses $14,407 · Revenue $1,461

  • THE OTHER SPUR IMPACT INITIATIVES INCLUDE THE NINE INNINGS OF NETWORKING (SPUR NETWORKING) AND THE PURSUIT OF HEALTH & WELLNESS (SPUR WELLNESS). THE NINE INNINGS OF NETWORKING ARE DELAWARE-FOCUSED JOB FAIR AND NETWORKING EVENTS. IN 2022-23, SPUR IMPACT HELD TWO OF THESE NETWORKING EVENTS DURING A BASEBALL GAME AT A LOCAL MINOR LEAGUE STADIUM, IN ADDITION TO OTHER NETWORKING EVENTS THROUGHOUT THE YEAR. THE NATURE OF THE EVENT AT THE BASEBALL STADIUM ALLOWS FOR A MORE RELAXED NETWORKING AND RECRUITING ATMOSPHERE BETWEEN THE PROSPECTIVE EMPLOYEES (AND OTHER ATTENDEES) AND ANY EMPLOYERS ATTENDING THE GAME. THE JOB FAIR ASPECT OF THE NINE INNINGS OF NETWORKING INITIATIVE IS EXPECTED TO BE PHASED OUT WITH A MORE INTENTIONAL FOCUS ON IN-PERSON AND HYBRID NETWORKING EVENTS THROUGHOUT THE YEAR.THE PURSUIT OF HEALTH & WELLNESS OR SPUR WELLNESS INITIATIVE IS FOCUSED ON PROMOTING HEALTH AND WELLNESS IN DIFFERENT WAYS TO THE EMERGING LEADERS AND YOUNG PROFESSIONALS IN SPUR IMPACT'S NETWORK AS WELL AS TO THE BROADER COMMUNITY. ALTHOUGH THE HEALTH FAIR EVENT IS NOT EXPECTED TO CONTINUE, SPUR IMPACT HAS CONTINUED TO DEVELOP ITS HEALTH IN HIGH HEELS WOMEN'S FOCUSED NETWORKING EVENT AND ALSO INCORPORATES HEALTH & WELLNESS TOPICS INTO MUCH OF ITS PROGRAMMING THROUGHOUT THE YEAR.

    Expenses $155,821 · Revenue $4,575

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Meghan Erdman

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • Kristen Isaac

    VICE PRESIDENT

    Total calculated
    $25,500
    From this org
    $25,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    15
  • Brittany Keller

    SECRETARY & TREASURER

    Total calculated
    $4,000
    From this org
    $4,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    5
  • Chelsea Clark

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Kyle Evans

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Kevin Hunter

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Chrstofer Johnson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Adam Morgan

    BOARD MEMBER

    Total calculated
    $1,934
    From this org
    $1,934
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Emma Pautler

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Verity Watson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Rodney Yoder

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Charles Vincent

    EXECUTIVE DIRECTOR

    Total calculated
    $74,551
    From this org
    $74,551
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
2 August 2024
IRS schema version
2022v5.0
Source object
202412159349300336

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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