Overview
What is Spur Impact Association?
Spur Impact Association is a nonprofit organization situated in Wilmington, Delaware. Their primary focus is on engaging younger professionals and motivating them to contribute to their community and careers. They achieve this through their platform, Degives.org, which simplifies fundraising for nonprofits from individual supporters. Spur Impact played a significant role in organizing the Statewide Do More 24 Delaware Gives Day event in March 2022, raising nearly $2.6 million for 452 Delaware nonprofits from over 12,000 unique donors within 24 hours. The organization's mission is to establish itself as a leading hub for nurturing future leaders by fostering connections between individuals, non-profits, and businesses, promoting personal, professional, and philanthropic growth. Spur Impact Association currently employs a team of three individuals.
Official website here: www.spurimpact.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
Spur Impact Association has received a commendable Three-Star rating from Charity Navigator, indicating a solid performance in various operational aspects. The organization excels in Community & Culture with a score of 95, reflecting its strong engagement and positive environment. Additionally, it has achieved a perfect score of 100 in both Constituent Feedback Collection and Usage, highlighting its commitment to incorporating stakeholder input into its programming.
Financially, Spur Impact Association maintains a good Accountability & Finance score of 73, with a high Program Expense Ratio of 95.18%, suggesting that a significant portion of its expenses goes directly to its programs. The Liabilities to Assets Ratio of 81.67% indicates a healthy balance sheet, although there are areas for improvement in financial transparency and efficiency.
While the organization showcases impressive strengths, especially in its feedback practices and community engagement, there is still room for growth in its financial accountability metrics. Overall, Spur Impact Association demonstrates a strong dedication to its mission and the communities it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Spur Impact Association legitimate?
Spur Impact Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spur Impact Association 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: $67,276
Professional Fundraising Fees: $0
Other Salaries and Wages: $81,997
For more financial information, click here
Official website here: www.spurimpact.org
What is the mission statement of Spur Impact Association?
The Spur Impact Association's mission is to serve as a leading platform, encouraging and motivating young professionals to contribute to their careers, communities, and society at large. They strive to accomplish this by establishing connections with various entities, such as non-profits and businesses, with the aim of fostering personal, professional, and philanthropic growth.
The Spur Giving Initiative is a significant component of their mission, designed to help non-profits engage younger donors and attract new board members. Spur Impact's platform, Degives.org, offers a user-friendly and efficient solution for non-profits to raise funds from individual supporters, including younger donors.
By employing its platform, Spur Impact led and organized the Statewide Do More 24 Delaware Gives Day event in March 2022, which successfully raised nearly $2.6 million for 452 Delaware non-profits from over 12,000 unique donors within 24 hours.
In essence, the Spur Impact Association aims to develop, engage, and inspire future leaders by bridging connections with people, organizations, and businesses, promoting growth on various levels.
Official website here: www.spurimpact.org
Who is the CEO of Spur Impact Association?
Charles Vincent is the President of Spur Impact Association.
Official website here: www.spurimpact.org
What is the revenue of Spur Impact Association?
Spur Impact Association's revenue in 2022 was $1,648,770.
Official website here: www.spurimpact.org
Who are the executives of Spur Impact Association and what are their salaries?
The average compensation at Spur Impact Association during 2022 was $49,758. There are 3 employees and 75 volunteers at Spur Impact Association.
Here are 12 key members and their salaries:
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- Compensation: $67,276
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Official website here: www.spurimpact.org
Where can I find the form 990 for Spur Impact Association?
Spur Impact Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.spurimpact.org
Learn more at the official website: www.spurimpact.org
Mission Statement of Spur Impact Association
Spur Impact Association, a notable organization, is devoted to connecting and inspiring young professionals, encouraging them to contribute positively to their careers and communities. Its mission is to establish itself as a leading hub, actively developing, engaging, and motivating the future leaders by fostering connections with people, non-profits, and businesses. This endeavor aims to promote personal, professional, and philanthropic growth among its members.
One of Spur Impact Association's significant initiatives is the Spur Giving Initiative, designed to assist non-profits in attracting younger donors and acquiring new board members. Its digital platform, Degives.org, offers non-profits an easy and efficient method to raise funds from these supporters and others. In demonstration of its commitment, Spur Impact Association led and utilized this platform to organize the Delaware Gives Day event, a statewide event titled 'Do More 24 Delaware,' on March 3-4, 2022. This event successfully raised nearly $2.6 million for 452 Delaware non-profits, with contributions from over 12,000 unique donors, during a 24-hour period. The event's success highlights Spur Impact Association's effectiveness in connecting young professionals with non-profits, thereby boosting charitable giving and fostering community involvement.
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Impact
July, 2024
Spur Impact Association focuses on connecting young professionals and inspiring them to get involved and make an impact in their career and community. Through initiatives like the Spur Giving Initiative, they aim to activate younger donors and new board members. Spur Impact also provides a platform, DEGives.org, which offers a turnkey way for organizations to raise money and support. An example of their impact is seen in their organization and leadership of the statewide Do More 24 Delaware Gives Day event in March 2022, where nearly $2.6 million was raised for 452 Delaware Spur Impact AssociationS from over 12,000 unique donors in just 24 hours. This showcases their effectiveness in mobilizing support and resources for various causes and organizations in the community, making a significant impact on philanthropic efforts.
This information is meant to be a general summary of Spur Impact Association. 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: -$28,920
- Program Service Revenue: $1,655,849
- Gross Receipts: $1,648,770
Assets and Liabilities:
- Total Assets: $183,616
- Total Liabilities: $149,970
- Net Assets: $33,646
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DELAWARE GIVES
Revenue
$1,489,937
MILLENNIAL SUMMIT
Revenue
$129,991
PURSUIT OF HEALTH & WE
Revenue
$23,770
NINE INNINGS OF NETWOR
Revenue
$12,151
Organization Details
Founding Year
2018
Phone
(302) 566-8008Principal Officer
Charles Vincent
Main Address
P O BOX 25208, WILMINGTON, DE, 198995208
Website
www.spurimpact.orgNTEE Category
Code: S80 - Community improvement
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