philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Spri INC FY2024 filing

Not tax-deductible

Waltham, MA501(c)(6)Since 1996EIN 36-3169484

To increase the impact of its members in the marketplace, and to further expand the usage of their products and services through the exchange, development, and publication of technical and marketing information.

88¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average deficit $18K a year · 2% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
7 mo
of spending, in cash
Looks good: 6.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $20K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$517K
70% of total assets
Worth a look: liabilities are 70% of assets; over 65%.
Pt X · Ln 26
Independent board members
27
of 27 voting members
Looks good: 27 of 27 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$981K
+11% vs prior year
Spent
$1.1M
To programs
88%
Net assets
$219K
By yearFY2021–FY2025
Revenue
$981K
FY2024▲ +11%
Revenue by fiscal year
FY2021$652K
FY2022$851K
FY2023$885K
FY2024$981K
FY2025$1.1M
FY2025$1.1M
Expenses
$1.1M
FY2024▲ +13%
Expenses by fiscal year
FY2021$650K
FY2022$791K
FY2023$956K
FY2024$1.1M
FY2025$1.0M
FY2025$1.2M
Net assets
$219K
FY2024▼ -29%
Net assets by fiscal year
FY2021$359K
FY2022$403K
FY2023$308K
FY2024$219K
FY2025$244K
FY2025$177K

From the FY2024 Form 990 (year ending February 2024) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1982.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $953K Management & general 12% · $125K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

35 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Brad Van Dam
President & Past President Elect
$0Pt VII · Sec A
Mike Hubbard
Immediate Past President (until 11/23)
$0Pt VII · Sec A
Scott Carpenter
President Elect & Past Sec/Treasurer
$0Pt VII · Sec A
Adam Burzynski
Secretary/Treasurer (until 8/23)
$0Pt VII · Sec A
Brian Chamberlan
Secretary/Treasurer (as of 8/23)
$0Pt VII · Sec A
Zebonie Sukle
Director & Past President
$0Pt VII · Sec A
Mike Darsch
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Spri INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Promotes member products and services by sharing and developing technical and marketing information.

Provided by the organization

This section is blank until Spri INC claims this page.

Know this organization? Claim it to add your story

3 program services account for $953K of program spending, described in the organization's own filed words · FY2023.
01

Research and development related to the industry to provide members with information regarding various technical activities.

$389Kprogram expense
02

Conferences, conventions and meetings which provide the opportunity for all members of the industry to gather and discuss issues, problems, etc.

$327Kprogram expense
03

Educational programs which provide new ideas, updates and exchange of information within the field. Reports related to the industry which provide information to members so that they may monitor product usage by generic type.

$237Kprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Helle Family FoundationFY2023$20K
Total grants receivedfrom 1 funder$20K

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$981K
Ln 12
Fees for servicesLn 2g$899K
Other incomeLn 4–11$71K
Investment incomeLn 3$11K
Money outPt IX
$1.1M
Ln 25
Programscol B$953K
Managementcol C$125K
Owns and owesPt X
$219K
net assets · Ln 32
Cash and savingsLn 1–2$593K
Total assetsLn 16$736K
LiabilitiesLn 26$517K
PeoplePt VI, VII
35
listed · VII A
PaidVII A0
Voting boardVI 1a27
IndependentVI 1b27
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$899K
Investment incomeLn 3$11K
Other incomeLn 4–11$71K
Total revenueLn 12$981K
Assets in detailPt X, end of year
CashLn 1$164K
SavingsLn 2$429K
Cash and savings togetherLn 1–2$593K
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$736K
LiabilitiesLn 26$517K
Net assetsLn 32$219K
OperationsPt I, VI
EmployeesI 50
VolunteersI 645
Fiscal year endsHeaderFebruary
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$551K$593K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$748K$736K
LiabilitiesLn 26$440K$517K
Net assetsLn 32$308K$219K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$146K$126K$20K
Legal feesLn 11b$59K$59K
Accounting feesLn 11c$27K$27K
Other fees for servicesLn 11g$101K$101K
Advertising and promotionLn 12$43K$43K
Office expensesLn 13$9K$6K$3K
Information technologyLn 14$305K$305K
Conferences, conventions and meetingsLn 19$177K$170K$7K
InsuranceLn 23$5K$5K
Other expenses (24a–d)Ln 24$152K$148K$4K
All other expensesLn 24e$56K$55K$256
Total functional expensesLn 25$1.1M$953K$125K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 $1.1M$1.0M$17K$244K 990 PDF
FY2024 Viewing $981K$1.1M−$97K$219K 990 PDF
FY2023 $885K$956K−$71K$308K 990 PDF
FY2022 $851K$791K$59K$403K 990 PDF
FY2021 $652K$650K$2K$359K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $980,858 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $898,598$898,598
VIII-3 Investment incomeExcluded from tax $11,034$11,034
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $71,226$71,226
VIII-12 Total revenueRelated to mission $969,824 · Unrelated business $0 · Excluded from tax $11,034$980,858
Part IX · Statement of functional expenses $1,077,855 across 11 lines filed
IX-11a Management feesPrograms $125,560 · Management $20,440$146,000
IX-11b Legal feesManagement $58,580$58,580
IX-11c Accounting feesManagement $26,896$26,896
IX-11g Other fees for servicesPrograms $100,803$100,803
IX-12 Advertising and promotionPrograms $42,924$42,924
IX-13 Office expensesPrograms $5,623 · Management $3,289$8,912
IX-14 Information technologyPrograms $305,009$305,009
IX-19 Conferences, conventions and meetingsPrograms $169,892 · Management $6,741$176,633
IX-23 InsuranceManagement $4,672$4,672
IX-24 Other expenses (24a–d)Programs $147,502 · Management $4,394$151,896
IX-24e All other expensesPrograms $55,274 · Management $256$55,530
IX-25 Total functional expensesPrograms $952,587 · Management $125,268 · Fundraising $0$1,077,855
Part X · Balance sheet $735,694 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $140,449$164,180
X-2 Savings and temporary cash investmentsStart of year $410,106$428,714
X-4 Accounts receivableStart of year $107,797$98,028
X-9 Prepaid expenses and deferred chargesStart of year $89,467$44,772
X-10c Land, buildings and equipment, netStart of year $0$0
X-16 Total assetsStart of year $747,819$735,694
X-17 Accounts payable and accrued expensesStart of year $46,385$62,625
X-19 Deferred revenueStart of year $393,473$454,531
X-26 Total liabilitiesStart of year $439,858$517,156
X-27 Net assets without donor restrictionsStart of year $307,961$218,538
X-32 Total net assets or fund balancesStart of year $307,961$218,538
X-33 Total liabilities and net assetsStart of year $747,819$735,694
Part XI · Reconciliation of net assets $218,538 net assets at year end
XI-1 Total revenue$980,858
XI-2 Total expenses$1,077,855
XI-3 Revenue less expenses−$96,997
XI-4 Net assets at start of year$307,961
XI-5 Net unrealized gains (losses) on investments$7,574
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$218,538

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Export with similar orgs (CSV)
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.