Spero Worldwide

Nonprofit profile at a glance

EIN
463859677
IRS 990-EZ coverage
2013–2021
Forms available
Form 990-EZ 2021, Form 990-N 2020
Location
Fredericksburg, VA, USA
Rating
47
Verdict
MIXED
Rating confidence
Moderate
Sector
International Relief

Reported finances

Revenue
$81,907
Expenses
$28,657
Assets
$53,453

Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Jennifer Cervantes (President)

People named in this filing

  • Jennifer Cervantes (President)
  • Juan Cervantes (Treasurer)
  • Cheryl George (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our purpose is to provide physical aid and relief to struggling people throughout the world.

What it reported doing in 2021

Afghanistan: Since the fall of the former government in Afghanistan and the US withdrawal alongside many other NGO's we have helped nearly 100 extremely at-risk Afghan families. Our. mission has been to help those needing to be evacuated through legal means as well as to provide food shelter heat medical care and transportation for many starving families throughout Afghanistan. We have helped to safely and legally relocate families that were being hunted by the Taliban by helping them acquire legal passports legal visas in third countries and transportation along the way.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 1
  • Transparency & Controls: 100
  • Sustainability: 67
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0.5%; rating input score 1
  • Program expense ratio: 1.5%; rating input score 1

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 65%; rating input score 93; 93rd percentile among comparable filings
  • Total-asset coverage ratio: 1.87; rating input score 55; 55th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -17.3% per year; rating input score 0; 24th percentile among comparable filings
  • Revenue growth: 10.5% per year; rating input score 100; 84th percentile among comparable filings
  • Asset growth: 30.4% per year; rating input score 100; 90th percentile among comparable filings

Details

  • Where the money goes: 0.5% of revenue deployed · 1.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $418 in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 8 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 7 filing years from 2013 to 2021
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 1/100.
  • High — Financial Efficiency: Program expense ratio scored 1/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 55/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.