Spreading Hope INC
Inspires gospel-shaped schools to serve at-risk urban youth. For fiscal year 2025 it reported $199K in revenue, $282K in expenses, and $52K in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Education
- Location
- Minneapolis, MN
- Website
- spreadinghopenetwork.org
- Filings
- 5 on file (2021–2025)
More identity details & actions ⌄
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Russell Gregg’s $18K as Secretary is at the 13th percentile of top reported officer pay among 1616 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 4 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Daniel Olson | $9,000 | $24,000 | — | — | — |
| Dan Olson | — | — | $18,000 | $18,000 | $18,000 |
| Russell Gregg | $17,667 | $15,500 | — | — | — |
| Russ Gregg | — | — | $15,000 | $15,000 | $15,000 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Where the work happens
Providing resources and hosting SITE/VISITS for prospective school planters. Hosted school leaders at hope academy and provided digital resources to school leaders. Provide school planter assessment services and coaching. Hosting virtual and in-person retreats and conferences.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 99% | — | — |
| Overhead ratio | 1% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | -0.6% | — | — |
| Accounting fee ratio | 0.2% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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