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Colorado · Nonprofit

SPERO RECOVERY INC

SPERO RECOVERY INC (Colorado) receives grants from 6 organizations whose IRS filings report $1,092,102 to it, the largest being CARING FOR DENVER FOUNDATION ($724,546). 2 of them have funded it in more than one year.

Revenue FY2024
$2.0M
Funders on record
6
Grants received
$1.1M
Net assets
$-518291
2/6 repeat funderspeak grant-dependency 10%
01What it does

What Spero Recovery Inc does

Mission

A recover community organization providing recovery services including residential drug and alcohol recovery programs and sober living homes.

As stated on its FY2024 Form 990.

Program

  1. Our mission is to improve the quality of life for individuals, families and communities affected by alcohol and drug dependency by proving access to an affordable, effective recovery community.

    $1,343,859 spent
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $1,343,859.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended.

100 = 20202020 Revenue 100 ($1.6M) Expenses 100 ($1.4M) Net assets 100 ($230k)2021 Revenue 100 ($1.6M) Expenses 116 ($1.6M) Net assets 101 ($233k)2022 Revenue 106 ($1.7M) Expenses 119 ($1.7M) Net assets 129 ($298k)2023 Revenue 73 ($1.2M) Expenses 106 ($1.5M) Net assets -42 ($-96669)2024 Revenue 120 ($2.0M) Expenses 169 ($2.4M) Net assets -225 ($-518291)
20202021202220232024
Revenue (120)Expenses (169)Net assets (-225)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $695k to $953k (+37%).

$772k
$702k
$695k
$953k
$1.0M
20202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 5 reported years ran a deficit.

$229k
’20
$3k
’21
$65k
’22
−$299k
’23
−$427k
’24
0.6
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

20202021202220232024
Listed99844
Joined·+6+1+1+2
No longer listed·6252
03Who funds it

Who funds it, year by year

2019 → 2023: the base held at 1 funder, grant income rose $97k → $126k.

4 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 29% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of SPERO RECOVERY INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

SPERO RECOVERY INC leans on a few funders — its largest provides 66% of grant income and the top three 91%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

95% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund SPERO RECOVERY INC.

66%
largest funder
91%
top three
~2
effective funders

Largest funder’s share by year: 2019 100% · 2020 55% · 2021 63% · 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of SPERO RECOVERY INC's grant income comes from Colorado funders.

CO

Funder states come from each funder’s own filing. $318k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like SPERO RECOVERY INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Colorado

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

92% of spending goes to programs.

Program 92%Management 8%Fundraising 0%

Governance

5
board members
0%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for SPERO RECOVERY INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds SPERO RECOVERY INC?
SPERO RECOVERY INC (Colorado) receives grants from 6 organizations whose IRS filings report $1,092,102 to it, the largest being CARING FOR DENVER FOUNDATION ($724,546). 2 of them have funded it in more than one year.
How many funders does SPERO RECOVERY INC have?
IRS filings report 6 organizations giving $1,092,102 in grants to SPERO RECOVERY INC, 2 of which have funded it in more than one year.
Who is the largest funder of SPERO RECOVERY INC?
CARING FOR DENVER FOUNDATION is the largest funder on record, with $724,546 in grants. The full list of funders is on this page.
How can an organization like SPERO RECOVERY INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Colorado. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing