Spirit Of Springfield Inc
- Assets
- $816.8k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 64
- Location
- Springfield, MA
- Founding
- 04/1991
- Data as of
- 06/2021
- EIN
- 22-3036584
Organization Overview
Spirit Of Springfield Inc is located in Springfield, MA. The organization was established in 1991. According to its NTEE Classification (S22) the organization is classified as: Neighborhood & Block Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Spirit Of Springfield Inc employed 64 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spirit Of Springfield 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 06/2021, Spirit Of Springfield Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $1.0m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION WAS FORMED TO PERFORM VARIOUS CULTURAL, CIVIC, RECREATIONAL AND CHARITABLE FUNCTIONS THAT HAD BEEN PREVIOUSLY PERFORMED BY THE CITY OF SPRINGFIELD, MA IN ORDER TO ENHANCE THE QUALITY OF LIFE IN THE GREATER SPRINGFIELD AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VARIOUS CULTURAL, CIVIC, RECREATIONAL AND CHARITABLE EVENTS TO ENHANCE THE QUALITY OF LIFE FOR THE RESIDENTS OF SPRINGFIELD AND THE SURROUNDING COMMUNITIES.
BRIGHT NIGHTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judith Matt President | Officer | 40 | $98,077 |
Amy Barron-Burke Vice President | Officer | 40 | $86,935 |
Daniel F Walsh Treasurer | Trustee | 0.5 | $0 |
John Sjoberh Vice Chair | Trustee | 0.5 | $0 |
John Hesslein Board Member | Trustee | 0.5 | $0 |
Melinda Phelps Chair | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $118,042 |
| All other contributions, gifts, grants, and similar amounts not included above | $309,741 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $427,783 |
| Total Program Service Revenue | $1,028,161 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,455,944 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $185,012 |
| Compensation of current officers, directors, key employees. | $120,258 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $87,087 |
| Pension plan accruals and contributions | $5,400 |
| Other employee benefits | $0 |
| Payroll taxes | $29,149 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30,756 |
| Advertising and promotion | $41,630 |
| Office expenses | $88,539 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $11,779 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,311 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $25,573 |
| Insurance | $56,772 |
| All other expenses | $100,841 |
| Total functional expenses | $1,042,386 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $559,133 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $19,681 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $39,853 |
| Prepaid expenses and deferred charges | $83,906 |
| Net Land, buildings, and equipment | $114,008 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $172 |
| Total assets | $816,753 |
| Accounts payable and accrued expenses | $32,494 |
| Grants payable | $0 |
| Deferred revenue | $135,786 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $146,491 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,509 |
| Total liabilities | $318,280 |
| Net assets without donor restrictions | $498,473 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $816,753 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Spirit Of Springfield Inc has recieved totaling $106,599.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $96,599 |
American Eagle Financial Credit Union Incorporated East Hartford, CT PURPOSE: SPONSORSHIP | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Eastman Community Association Grantham, NH | $24,089,251 | $7,350,665 |
Allston Brighton Comm Dev Corp Brighton, MA | $15,959,814 | $4,412,557 |
East Harlem Council For Community Improvement Inc New York, NY | $2,118,161 | $3,411,139 |
Warwick Valley Local Development Corporation Warwick, NY | $848,951 | $5,651,378 |
Radisson Community Association Inc Baldwinsville, NY | $3,036,076 | $2,758,047 |
Blue Hills Civic Association Incorporated Hartford, CT | $568,444 | $2,282,715 |
Southside Institutions Neighborhood Alliance Inc Hartford, CT | $5,370,562 | $1,765,981 |
Community Housing Improvement Program Inc New York, NY | $2,216,727 | $1,575,020 |
Good Old Lower East Side Inc New York, NY | $2,010,294 | $1,873,147 |
Agassiz Baldwin Community A Cambridge Corporation Cambridge, MA | $2,560,544 | $1,271,480 |
Washington Heights Inwood Preservation And Restoration Corpo New York, NY | $2,215,992 | $1,226,530 |
Spirit Of Springfield Inc Springfield, MA | $816,753 | $1,455,944 |