Spur Impact Association
Nonprofit profile at a glance
- EIN
- 823990289
- IRS 990 coverage
- 2018–2024
- Forms available
- Form 990 2024
- Location
- Wilmington, DE, USA
- Phone
- 3025668008
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community Service Clubs
Reported finances
- Revenue
- $2,416,308
- Expenses
- $2,594,333
- Assets
- $131,159
- Liabilities
- $185,859
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- AUNDRE CHAMBERS (PRESIDENT)
- CHELSEA CLARK (VICE PRESIDENT)
- CHARLES VINCENT (EXECUTIVE DIRECTOR)
Highest reported compensation
- CHARLES VINCENT (EXECUTIVE DIRECTOR): $76,282 total reported compensation
- FLORA SUTALO (TREASURER): $4,926 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
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.
What it reported doing in 2024
The spur connection initiative strengthens Delaware's nonprofit sector by educating, training, and building capacity among those working or volunteering in the field. This initiative includes Delaware difference makers and the spur leaders network (sln), formerly the emerging leaders community programs. Delaware difference makers facilitates networking, collaboration, and professional development opportunities for nonprofit professionals and volunteers. The sln trains and connects professionals and leaders interested in philanthropy, volunteerism, and board service with organizations seeking their expertise. In 2025, spur impact expanded this model by launching get on board: spur service, a one-day training for current and aspiring board members. Through five sln cohorts completed as of september 30, 2025, 51 participants have graduated, with 28 (72%) successfully placed on 34 Delaware nonprofit boards. The inaugural get on board event welcomed over 75 attendees, with early outcomes including multiple new board placements, demonstrating the initiative's growing success and tangible community impact.
Operating model
- Revenue model
- Earned-program. 97% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Grant intermediary. The nonprofit sent 82% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 89
- Accountability: 95
- Sustainability: 17
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 96.1%; rating input score 96
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 93.8%; rating input score 94; 20th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 94.9%; rating input score 95; 29th percentile among comparable filings
- 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 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -7.4%; rating input score 17; 17th percentile among comparable filings
- Total-asset coverage ratio: 0.05; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: 1.42; rating input score 2; 2nd percentile among comparable filings
- Officer compensation ratio: 3.1%; rating input score 68; 68th percentile among comparable filings
Growth
- Program expense growth: 26.5% per year; rating input score 100; 90th percentile among comparable filings
- Revenue growth: 23.7% per year; rating input score 100; 91st percentile among comparable filings
- Asset growth: 4.6% per year; rating input score 100; 32nd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 96.1% of spending went to programs
- Governance: 9 of 9 board members independent · 8 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $2.5M in reported program spending
- Leadership: top reported pay $76K · 10 people listed
- Consistency: 29 of 30 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors and grants
- Filing history: 7 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: 15 filed money-flow records
- Related organizations: 13 filed related-organization links
- 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 — Sustainability: Operating margin scored 17/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 2/100.