ZUnclassifiedEIN: 410873733· Ruling Year: 1972

Spero

Owatonna, Minnesota

B+Health Score
72B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 111 peers in Unclassified with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.51×
Peer Median5.86×
💰
$13.2M
Total Revenue
📊
$12.9M
Total Expenses
🏦
$6.6M
Net Assets
📋
$5.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+8.9%
Year-over-year change (2022 → 2023)
Net Margin
+2.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.51
Net assets divided by total expenses
Liabilities-to-Assets
47.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$13,167,0839%$12,884,9285%$12,547,4444%
2022$12,086,4462%$12,272,1666%$12,087,6282%
2021$11,884,8781%$11,532,01811%$12,299,7788%
2020$11,997,79115%$10,402,5803%$11,400,80016%
2019$10,441,9533%$10,705,1942%$9,800,6723%
2018$10,813,2028%$10,517,7596%$10,142,3753%
2017$9,983,4545%$9,916,5606%$9,822,546
2016$9,522,3583%$9,340,2442%$9,834,639
2015$9,202,7112%$9,134,1782%$9,817,1347%
2014$8,984,609$8,917,7471%$9,207,5351%
2013$8,962,5286%$8,831,5044%$9,147,421
2012$9,514,33029%$8,495,81113%$9,172,00669%
2011$7,402,425$7,548,991$5,433,200

Frequently Asked Questions

What does Spero do?

Spero is a unclassified nonprofit organization based in Minnesota. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Spero financially healthy?

Based on our 9-metric Financial Health Score model, Spero has a score of 72/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Spero generate?

Spero reports $13.0M in annual revenue and holds $11.8M in total assets, based on IRS filings.

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