Sprout Inc
- Assets
- $144.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 5
- Location
- Hoboken, NJ
- Founding
- 11/1981
- Data as of
- 12/2021
- EIN
- 13-3344354
Organization Overview
Sprout Inc is located in Hoboken, NJ. The organization was established in 1981. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 12/2021, Sprout Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sprout Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Sprout Inc generated $189.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (24.5%) each year. All expenses for the organization totaled $172.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (26.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE DAY EVENING WEEKEND AND EXTENDED RECREATIONAL TRIPS FOR PEOPLE WITH DEVELOPMENTAL DISABILITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Di Salvo Executive Director | 40 | $21,000 | |
Faith Tunay Vice President | 0 | $0 | |
Laura Cohen Member | 0 | $0 | |
Michael Fioravanti President | 0 | $0 | |
Josue Torres Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $127,486 |
| Total Program Service Revenue | $61,236 |
| Membership dues | $0 |
| Investment income | $371 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $189,093 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $77,525 |
| Professional fees and other payments to independent contractors | $8,125 |
| Occupancy, rent, utilities, and maintenance | $14,300 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $72,295 |
| Total expenses | $172,245 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $144,070 |
| Other assets | $0 |
| Total assets | $144,070 |
| Total liabilities | $53,900 |
| Net assets or fund balances | $90,170 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Sprout Inc has recieved totaling $450.
| Awarding Organization | Amount |
|---|---|
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $400 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lifespire Inc New York, NY | $111,308,535 | $104,118,369 |
Access Supports For Living Inc Middletown, NY | $71,768,349 | $93,183,468 |
Lifetime Assistance Incorporated Rochester, NY | $48,718,996 | $89,182,117 |
Adults And Children With Learning And Developmental Disabilities Inc Bethpage, NY | $86,914,648 | $85,096,870 |
Advance Care Alliance Of Ny Inc New York, NY | $47,978,523 | $95,257,742 |
Nysarc Inc Kingston, NY | $57,449,352 | $82,380,480 |
Dr Gertrude A Barber Center Inc Erie, PA | $51,676,783 | $81,656,066 |
Special People In Northeast Inc Spin Center Philadelphia, PA | $40,173,863 | $79,124,393 |
Nysarc Inc Monticello, NY | $41,640,766 | $75,670,784 |
Step By Step Inc Wilkes Barre, PA | $34,766,610 | $77,394,755 |
Lycoming-Clinton Joinder Board Williamsport, PA | $25,506,489 | $75,903,170 |
Supportive Concepts For Families Inc Reading, PA | $18,791,646 | $75,001,291 |