Overview
What is The Spero Project Inc?
The Spero Project Inc, located in Oklahoma City, Oklahoma, is a dedicated nonprofit organization with a mission to support resettled refugees and asylum seekers within the community. They offer various educational programs, such as the Spero Transitional Education Program (STEP), which caters to over 370 students from pre-k to 12th grade, providing a culturally responsive learning environment. Their services extend to English language acquisition, cultural orientation, and school readiness. Additionally, they offer English Language Learning classes across multiple sites and life skills/employment skill programs, including sewing, health education, and citizenship classes. The Spero Project also provides student support services, such as individualized tutoring, afterschool programs, and summer camps. Beyond education, they offer community support, including assistance with social services, medical and dental care, mental health support, transportation, and translation. Furthermore, they strive to educate the broader community about the challenges faced by refugees and asylum seekers and foster partnerships between these communities and other organizations. With a team of 60 employees, The Spero Project Inc works tirelessly to enhance the lives of resettled individuals in Oklahoma City.
Official website here: www.thesperoproject.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
The Spero Project Inc has earned a Three-Star rating from Charity Navigator, reflecting a solid performance in its accountability and financial health. The organization scored 82% overall, demonstrating a strong commitment to transparency and responsible management of resources.
Strengths include a fully independent board, with all 10 members being independent, and a high program expense ratio of 99.17%, indicating that nearly all funds are directed towards its programs rather than administrative costs. The charity also maintains robust practices around financial governance, such as having a conflict of interest policy and documenting board meeting minutes.
However, while the organization has a low liabilities to assets ratio of 0.91%, suggesting financial stability, its working capital ratio of 0.79 years may present some limitations in terms of liquidity. Overall, The Spero Project Inc appears to be a financially accountable nonprofit with a strong focus on its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Spero Project Inc legitimate?
The Spero Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Spero Project 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: $125,744
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,409,445
For more financial information, click here
Official website here: www.thesperoproject.com
What is the mission statement of The Spero Project Inc?
The Spero Project Inc's mission involves providing supportive services to resettled refugees and asylum seekers. This organization aims to educate the broader community about the challenges these individuals face. Additionally, they strive to foster partnerships between these communities and relevant organizations. Their activities include offering educational programs for children, English Language Learning classes for adults, and life skills and employment skill training. Furthermore, they provide community support services such as navigation assistance, medical and dental care, mental health support, transportation assistance, and translation services.
Official website here: www.thesperoproject.com
Who is the CEO of The Spero Project Inc?
Unavailable
Official website here: www.thesperoproject.com
What is the revenue of The Spero Project Inc?
The Spero Project Inc's revenue in 2022 was $2,460,091.
Official website here: www.thesperoproject.com
Who are the executives of The Spero Project Inc and what are their salaries?
The average compensation at The Spero Project Inc during 2022 was $25,586. There are 60 employees at The Spero Project Inc.
Here are 2 key members and their salaries:
- Compensation: $80,744
- Related: $0
- Other: $0
- Compensation: $45,000
- Related: $0
- Other: $0
Official website here: www.thesperoproject.com
Where can I find the form 990 for The Spero Project Inc?
The Spero Project Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thesperoproject.com
Learn more at the official website: www.thesperoproject.com
Mission Statement of The Spero Project Inc
The Spero Project Inc, a non-profit organization, is committed to providing supportive services to resettled refugees and asylum seekers in their journey towards integration. Their mission extends beyond direct aid, encompassing education and community engagement. They strive to educate the broader public about the challenges faced by these refugees and asylum seekers, fostering understanding and empathy. Additionally, The Spero Project Inc works tirelessly to develop partnerships between these communities and local organizations, aiming to create a more inclusive and supportive environment for them.
In practical terms, The Spero Project Inc offers a range of services designed to cater to the unique needs of this population. They run a Transitional Education Program (STEP) for children, providing a culturally responsive setting for English language acquisition, cultural orientation, and school readiness. Furthermore, they offer English Language Learning classes for adults across several locations, complemented by life skills and employment skill programming. Their student support programs provide individualized tutoring, afterschool activities, and summer programs.
Beyond education, The Spero Project Inc also provides community support, helping resettled individuals navigate social services, access medical and dental care, and receive mental health support. They offer transportation assistance and translation services, ensuring that these individuals can access the resources they need to thrive in their new environment. In essence, The Spero Project Inc is a beacon of hope and support for resettled refugees and asylum seekers, working tirelessly to promote their integration and empowerment.
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Impact
October, 2024
The Spero Project Inc significantly impacts the lives of resettled refugees and asylum seekers in Oklahoma City through comprehensive supportive services. Its Spero Transitional Education Program (STEP) caters to over 370 students from pre-kindergarten to 12th grade, offering culturally responsive full-day educational programming. This initiative focuses on English language acquisition, cultural orientation, and school readiness, ensuring that young learners have the tools to succeed in their new environment.
Moreover, the project addresses the needs of adults by offering English Language Learning classes across six locations, with more than 250 participants enrolled. Over 200 adults benefit from life skills and employment skill programming, acquiring essential skills in areas such as sewing, health education, and citizenship.
The Spero Project also provides vital community support to over 1,000 resettled individuals. This includes assistance with navigating social services, accessing medical and dental care, and participating in mental health adjustment support groups. Transportation assistance and translation services further aid in integrating these individuals into their new community.
Additionally, student support programs, which include individualized tutoring, afterschool activities for 102 students, and summer programs for 53 youth, enhance educational outcomes and community engagement. Through its efforts, The Spero Project fosters partnerships between refugee and asylum-seeking communities and local organizations, while educating the broader community about the challenges faced by these populations. This multipronged approach promotes empowerment, resilience, and integration for resettled individuals in Oklahoma City.
This information is meant to be a general summary of The Spero Project 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 2022.
- Investment Income: $909
- Gross Receipts: $2,460,091
Assets and Liabilities:
- Total Assets: $1,186,148
- Total Liabilities: $10,807
- Net Assets: $1,175,341
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Organization Details
Founding Year
2009
Main Address
P O Box 2243, Oklahoma City, OK, 73101
Website
www.thesperoproject.comNTEE Category
Code: J20 - Employment
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