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Oklahoma · Nonprofit

THE SPERO PROJECT INC

THE SPERO PROJECT INC (Oklahoma) receives grants from 22 organizations whose IRS filings report $7,590,694 to it, the largest being Servant Foundation ($3,861,821). 16 of them have funded it in more than one year, and 78% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$8.6M
Funders on record
22
Grants received
$7.6M
Net assets
$1.2M
16/22 repeat funderspeak grant-dependency 90%
01What it does

What The Spero Project Inc does

Mission

Provide supportive services to resettled refugees and asylum seekers in oklahoma city. Educating the broader community about issues impacting refugees and asylum seekers. Develop partnerships betwee the refugee, asylum-seeking communities and organizations.

As stated on its FY2024 Form 990.

Program

  1. 204 individuals served through employment support services, 821 individuals served through medical and mental health navigation and support including assistance with translation, transportation, and scheduling support, 281 heads of households supported through housing stability support including sourcing housing and navigating leasing processes, 240 individuals participating in wellness/adjustment groups, 310 individuals active in adult education classes including english language and employment/life skills classes, 53 students in citizenship education classes, 383 students participating in student support programming including after school programs and educational summer programs, 183 children participating in early childhood education programming, 73 youth participating in youth mentoring programming.

    $2,632,329 spentof which $27,960 as grants
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $2,632,329.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($368k) Expenses 100 ($497k) Net assets 100 ($184k)2018 Revenue 104 ($382k) Expenses 98 ($486k) Net assets 43 ($80k)2019 Revenue 191 ($702k) Expenses 106 ($528k) Net assets 138 ($253k)2020 Revenue 237 ($871k) Expenses 163 ($811k) Net assets 171 ($314k)2021 Revenue 561 ($2.1M) Expenses 178 ($884k) Net assets 814 ($1.5M)2022 Revenue 668 ($2.5M) Expenses 559 ($2.8M) Net assets 640 ($1.2M)2023 Revenue 910 ($3.4M) Expenses 739 ($3.7M) Net assets 448 ($823k)2024 Revenue 2341 ($8.6M) Expenses 1650 ($8.2M) Net assets 672 ($1.2M)
'17'18'19'20'21'22'23'24
Revenue (2341)Expenses (1650)Net assets (672)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $1.3M to $2.6M (+101%).

$191k
$86k
$262k
$326k
$1.5M
$1.2M
$1.3M
$2.6M
'17'18'19'20'21'22'23'24
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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 6% · 2023 43% · 2024 84%. Grants only. Government contracts and fees sit inside program revenue.

100% of THE SPERO PROJECT INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (16% for the typical peer).

This organization
Typical peer · 1,617 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

−$129k
’17
−$104k
’18
$174k
’19
$60k
’20
$1.2M
’21
−$318k
’22
−$326k
’23
$411k
’24
0.2
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.

Board chair

Adam Klunzinger

Board president

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed92222299
Joined·······+0
No longer listed·······0
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 9 funders, grant income rose $33k → $1.3M.

11 of 22 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 78% 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 THE SPERO PROJECT INC’s funders (the co-funder graph). Top 21 of 22 funders by total. 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

THE SPERO PROJECT INC leans on a few funders — its largest provides 51% of grant income and the top three 80%; half comes from just 1 funder.

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

97% 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 THE SPERO PROJECT INC.

51%
largest funder
80%
top three
~3
effective funders

Largest funder’s share by year: 2017 55% · 2018 56% · 2019 39% · 2020 91% · 2021 88% · 2022 58% · 2023 82% — growing more concentrated.

“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.

How long its funders stay

57% of THE SPERO PROJECT INC's funders are still giving 3 years after their first grant; 73% give in more than one year at all.

first grant+1y+2y+3y+4y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

78% of THE SPERO PROJECT INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $1.6M that is directly attributable, 67% of it comes from funders outside Oklahoma, across 5 states.

NY
IN
CA
MO
OK

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Oklahoma out of state home

Funder states come from each funder’s own filing. $5.9M arriving through sponsors registered in 9 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

Against its field

THE SPERO PROJECT INC has grown faster than three-quarters of the 1,551 employment nonprofits its size.

Operating margin5% · below the median
Months of reserve0.2mo · bottom quartile
Revenue growth (annualized)57% · top quartile

this organization peer median middle 50% of peers· 1,551 employment nonprofits $1M–$10M, FY2024

Government funding THE SPERO PROJECT INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $5k on record.

State$5k
Top programs
  • Admin Mgmt-Gen.Mgmt Consulting$5k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like THE SPERO PROJECT 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 Oklahoma

Nationally

05Profile & governance

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

Where the money goes

93% of spending goes to programs.

Program 93%Management 7%Fundraising 0%

Governance

7
board members
100%
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.

Footprint & structure

Files a return copy in 1 state

OK

Screen this organization

A dated, signed PDF of the compliance screen for THE SPERO PROJECT 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 THE SPERO PROJECT INC?
THE SPERO PROJECT INC (Oklahoma) receives grants from 22 organizations whose IRS filings report $7,590,694 to it, the largest being Servant Foundation ($3,861,821). 16 of them have funded it in more than one year, and 78% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does THE SPERO PROJECT INC have?
IRS filings report 22 organizations giving $7,590,694 in grants to THE SPERO PROJECT INC, 16 of which have funded it in more than one year.
Who is the largest funder of THE SPERO PROJECT INC?
Servant Foundation is the largest funder on record, with $3,861,821 in grants. The full list of funders is on this page.
How can an organization like THE SPERO PROJECT INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Oklahoma. 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 2017–2024), and the filings of 22 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