Spring Impact Incorporated
Nonprofit profile at a glance
- EIN
- 471876230
- IRS 990 coverage
- 2017–2024
- Forms available
- Form 990 2024
- Location
- Concord, CA, USA
- Phone
- 4158905214
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $938,939
- Expenses
- $744,550
- Assets
- $752,670
- Liabilities
- $65,421
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Mohamed Osman (President & CEO)
Highest reported compensation
- Mohamed Osman (President & CEO): $230,871 total reported compensation
- Amy Ragsdale (Dir of Lean Innovation): $105,315 total reported compensation
- Madison Darbonne (Manager): $102,667 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Promoting the efficiency and effectiveness of non-profit organizations, and the effective use of charitable resources through consulting, research and advocacy.
What it reported doing in 2024
Spring impact delivers professional consultative services that help our clients achieve their social mission. Using an approach that combines lean innovation and social replication methods, spring impact helps non-profit organizations and funders to accelerate the ways they achieve their impact goals. These services are delivered through collaborative partnerships that identify both the problems to be solved and efficient and effective ways to solve them at scale. Our work includes facilitated workshops, field visits to understand the needs of constituents, running a series of lean experiments in the field, systems mapping and financial model development, and development and production of tools and resources required for implementing solutions at scale. Spring impact works with funders to identify ways to shift systems and scale high impact solutions and influence the social sector to strengthen and enable more non-profit organizations to scale their impact.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 62
- Transparency & Controls: 79
- Accountability: 100
- Sustainability: 55
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 63.4%; rating input score 63
- Program expense ratio: 80%; rating input score 80
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 20.7%; rating input score 77; 77th percentile among comparable filings
- Total-asset coverage ratio: 1.01; rating input score 43; 43rd percentile among comparable filings
- Liabilities to assets ratio: 0.09; rating input score 44; 44th percentile among comparable filings
- Officer compensation ratio: 27.9%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: 4.3% per year; rating input score 100; 38th percentile among comparable filings
- Revenue growth: -0.3% per year; rating input score 0; 14th percentile among comparable filings
- Asset growth: 11.7% per year; rating input score 100; 64th percentile among comparable filings
Details
- Where the money goes: 63.4% of revenue deployed · 80% of spending went to programs
- Governance: 5 of 5 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $596K in reported program spending
- Leadership: top reported pay $231K · 8 people listed · 3 of 6 pay-setting controls reported
- Consistency: 23 of 23 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 8 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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 — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
- High — Sustainability: Officer compensation ratio scored 8/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 44/100.