Daffy

Spero Academy

Spero Academy

Minneapolis, MN 55418
Tax ID20-0309518

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About this organization

Revenue

$7,800,133

Expenses

$7,353,845

Mission

See Part III, Line 1.

About

Spero Academy completed year 15 of operation on June 30, 2019. On June 30, 2019, Spero Academy completed the first full year in the new facility that was constructed specifically for the school and the student population of over 92% of students with disabilities. Enrollment grew from 128 in year one to 140 in year two. The school's wait-list has grown to over 300 students, which supports the plan to reach maximum capacity of 160 students by year five in the new facility. All budgetary goals associated with the operations of the new facility and growing enrollment are being met. The school continues to receive high marks in all evaluations from the University of St. Thomas. The school completed year one of a five-year authorizing contract with St. Thomas on June 30, 2019.

Interesting data from their 2020 990 filing

The filing documents outline the non-profit's mission as “To provide students with a personalized and adaptive education to grow academically, emotionally, and socially.”.

When outlining the tasks it performs, they were referred to as: “See part iii, line 1.”.

  • The non-profit's reported state of operation is MN as per legal requirements.
  • The filing reveals that the address of the non-profit in 2020 is 2701 CALIFORNIA ST NE, MINNEAPOLIS, MN, 55418.
  • As of 2020, the non-profit has 122 employees reported on their 990 form.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $446,288.
  • The organization has 7 independent voting members.
  • The organization was formed in 2003.
  • The organization pays $4,294,072 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.

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