Overview
What is Spirit Of Springfield Inc?
Spirit of Springfield Inc is a private, non-profit organization situated in Springfield. Its primary objective is to enhance the community's quality of life by producing high-caliber, large-scale events. Initially formed to assume responsibilities previously handled by the City of Springfield, MA, Spirit of Springfield's mission includes cultural, civic, recreational, and charitable activities. The organization's purpose is to engage the community, foster civic pride, and contribute positively to the greater Springfield area.
Official website here: www.spiritofspringfield.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Stars)
Spirit Of Springfield Inc has received an 84% rating from Charity Navigator, indicating a solid level of accountability and financial health. The score reflects a strong performance in governance with a fully independent board and effective financial oversight. The organization benefits from a high program expense ratio of 74.84%, suggesting that a significant portion of its expenditures is directed towards its mission-related activities.
While the organization shows strengths in various areas, there are some limitations noted in its policies. Specifically, it lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which could pose potential risks to transparency and governance. However, the absence of material diversion of assets and the presence of audited financial statements are positive indicators of its financial integrity.
Overall, Spirit Of Springfield Inc demonstrates strong accountability practices and prudent financial management, though enhancing its policy framework could further strengthen its governance and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Spirit Of Springfield Inc legitimate?
Spirit Of Springfield Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spirit Of Springfield Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $282,231
Professional Fundraising Fees: $0
Other Salaries and Wages: $77,946
For more financial information, click here
Official website here: www.spiritofspringfield.org
What is the mission statement of Spirit Of Springfield Inc?
The Spirit of Springfield Inc, a private, non-profit organization, was established with the aim to assume the cultural, civic, recreational, and charitable functions previously handled by the City of Springfield, Massachusetts. The primary objective is to enhance the quality of life in the wider Springfield area. The organization's mission specifically focuses on producing high-quality, large-scale events and promoting community events, thereby fostering civic pride.
Official website here: www.spiritofspringfield.org
What is the revenue of Spirit Of Springfield Inc?
Spirit Of Springfield Inc's revenue in 2023 was $1,822,554.
Official website here: www.spiritofspringfield.org
Who are the executives of Spirit Of Springfield Inc and what are their salaries?
The average compensation at Spirit Of Springfield Inc during 2023 was $5,002. There are 72 employees and 200 volunteers at Spirit Of Springfield Inc.
Here are 13 key members and their salaries:
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- Compensation: $154,542
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Official website here: www.spiritofspringfield.org
Where can I find the form 990 for Spirit Of Springfield Inc?
Spirit Of Springfield Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.spiritofspringfield.org
Learn more at the official website: www.spiritofspringfield.org
Mission Statement of Spirit Of Springfield Inc
Spirit of Springfield Inc, a non-profit organization, was established with the objective of taking over various cultural, civic, recreational, and charitable functions that were previously handled by the City of Springfield, Massachusetts. The primary goal of this organization is to elevate the quality of life in the greater Springfield area by organizing and hosting a range of events. By performing these functions, Spirit of Springfield aims to foster a sense of community and encourage civic pride within the city.
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Impact
October, 2024
Spirit of Springfield Inc significantly enhances the quality of life in the Greater Springfield area by organizing a range of cultural, civic, recreational, and charitable events. Through high-quality, large-scale productions, the organization fosters community engagement and promotes civic pride among residents. Their events not only provide entertainment and enjoyment but also help to strengthen community bonds and encourage local participation. By revitalizing the vibrant spirit of Springfield, they create a sense of belonging and shared identity among citizens, thereby contributing to the overall improvement of the community.
This information is meant to be a general summary of Spirit Of Springfield Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $1,400
- Program Service Revenue: $1,030,183
- Gross Receipts: $1,822,554
Assets and Liabilities:
- Total Assets: $889,365
- Total Liabilities: $177,232
- Net Assets: $712,133
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BRIGHT NIGHTS AT FORES
Revenue
$856,267
BRIGHT NIGHTS BALL
Revenue
$82,993
BRIGHT NIGHTS ROAD RAC
Revenue
$35,050
OTHER EVENTS
Revenue
$25,647
GOLF CLASSIC
Revenue
$16,455
Organization Details
Founding Year
1989
Principal Officer
Judith Matt
Website
www.spiritofspringfield.orgNTEE Category
Code: S220 - Community improvement
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