Nonprofit · EIN 20-0309518
SPERO ACADEMY
Tax-exempt · MINNEAPOLIS, MN 55418
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $19,701,894 | $19,934,566 | -$232,672 | $5,031,261 | $9,321,703 | -$4,290,442 |
| June 30, 2024 | 990 | $18,858,189 | $18,818,562 | $39,627 | $4,853,952 | $9,334,716 | -$4,480,764 |
| June 30, 2023 | 990 | $16,018,761 | $15,808,305 | $210,456 | $4,811,098 | $6,760,211 | -$1,949,113 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $19,369,602
- of which government grants
- $19,363,302
- Program service revenue
- $255,300
- Investment income
- -$9,170
- Net gain from sales of assets
- -$9,172
- Net income from sales of inventory
- -$306
- Other revenue
- $86,162
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $258,509
- Other salaries and wages
- $9,361,410
- Salaries, compensation and benefits (total)
- $12,227,297
- Professional fundraising fees
- $0
- Legal fees
- $30,741
- Accounting fees
- $99,428
- Occupancy
- $3,839,675
- Depreciation
- $73,942
- Program services (functional)
- $19,318,996
- Management and general (functional)
- $615,570
Balance sheet and other
- Total assets, start of year
- $4,853,952
- Total assets, end of year
- $5,031,261
- Total liabilities, end of year
- $9,321,703
- Net assets, end of year
- -$4,290,442
- Land, buildings and equipment
- $310,339
- Gross receipts
- $19,714,489
- Employees
- 260
- Volunteers
- 7
- Year formed
- 2003
- State of legal domicile
- MN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KELLY TIEDEMANN | SPECIAL ED DIRECTOR Highest-paid employee | 40 | $135,452 | $19,147 |
| SUSAN SCHELLER | ACADEMIC DIRECTOR Highest-paid employee | 40 | $127,988 | $20,003 |
| DIANE PANGAL | EXECUTIVE DIRECTOR Officer | 40 | $125,113 | $19,696 |
| GILBERT HALE | PRINCIPAL Highest-paid employee | 40 | $110,373 | $28,438 |
| DEVIN TAYLOR | ACCOUNTABILITY DIRECTOR Highest-paid employee | 40 | $109,210 | $16,661 |
| WILLIAM TOLAND | TEACHER Highest-paid employee | 40 | $102,365 | $17,071 |
| JACQUELINE DONOFRIO | MEMBER/TEACHER Trustee or director | 41 | $100,265 | $11,432 |
| CAROLYN FRITZ | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DONNA PIAZZA | VICE-CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| KAREN MARSHALL | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JIM LAWRENCE | MEMBER Trustee or director | 1 | $0 | $0 |
| TROY HITE | MEMBER Trustee or director | 1 | $0 | $0 |
| ROBERT SCHAUST | MEMBER Trustee or director | 1 | $0 | $0 |
| JULIANA BIEDERMAN | MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KELLY TIEDEMANN | SPECIAL ED DIRECTOR Highest-paid employee | 40 | $125,287 | $17,417 |
| SUSAN SCHELLER | ACADEMIC DIRECTOR Highest-paid employee | 40 | $119,063 | $18,021 |
| DIANE PANGAL | EXECUTIVE DIRECTOR/EX-OFFICIO Officer | 40 | $110,674 | $18,266 |
| GILBERT HALE | PRINCIPAL Highest-paid employee | 40 | $108,403 | $18,488 |
| JACQUELINE DONOFRIO | MEMBER/TEACHER Trustee or director | 40 | $51,569 | $4,374 |
| DONNA PIAZZA | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| CAROLYN FRITZ | VICE-CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| KAREN MARSHALL | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JIM LAWRENCE | MEMBER Trustee or director | 1 | $0 | $0 |
| TROY HITE | MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DIANE PANGAL | EXECUTIVE DIRECTOR Officer | 40 | $104,500 | $15,075 |
| DONNA PIAZZA | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| CAROLYN FRITZ | VICE-CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| KAREN MARSHALL | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JIM LAWRENCE | MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2701 CALIFORNIA ST NE, MINNEAPOLIS, MN 55418-2606
- In care of
- % LINDA SILRUM
- Principal officer (990 for 2024)
- DIANE PANGAL, 2701 CALIFORNIA STREET NE, MINNEAPOLIS, MN 55418
- Signed the 990
- DIANE PANGAL, EXECUTIVE DIRECTOR
- Phone
- (612) 465-8600
- Website
- WWW.SPERO.ACADEMY
- Return prepared by
- CREATIVE PLANNING TAX LLC
Mission
EMPOWER ACADEMIC, SOCIAL AND EMOTIONAL GROWTH FOR ALL IN A CULTURALLY INCLUSIVE AND COLLABORATIVE ENVIRONMENT. WE PRIORITIZE ADAPTIVE EDUCATION AND A SUPPORTIVE COMMUNITY TO ENSURE EVERY STUDENT FEELS VALUED AND PREPARED TO REACH THEIR FULL POTENTIAL. WE FOCUS OUR RESOURCES AND ENERGY ON DEVELOPING OUR CORE CAPABILITIES TO DEVELOP OUR STRATEGIC INTENTS:--CREATE DIFFERENTIATED PROGRAMS THAT INTEGRATE ACADEMICS WITH SOCIAL AND EMOTIONAL LEARNING--COMPREHENSIVELY IDENTIFY INDIVIDUAL EDUCATION NEEDS AND LEARNING STYLES--UTILIZE COLLABORATIVE TEAMING AMONG STAFF, SPECIALISTS, AND FAMILIES TO INTEGRATE AND COORDINATE PERSONALIZED EDUCATION--STRUCTURE LEARNING ENVIRONMENTS WITH SMALL STUDENT-TO-TEACHER RATIOS--ASSESS STUDENT PROGRESS ACROSS ALL LEARNING AREAS
Program accomplishments
- SPERO ACADEMY COMPLETED YEAR 21 OF OPERATION ON JUNE 30, 2025. DURING THE YEAR ENDED JUNE 30, 2025, SPERO ACADEMY SERVED A TOTAL OF 270 STUDENTS AND OVER 93% OF THE STUDENT POPULATION ARE STUDENTS WITH DISABILITIES. THE SCHOOL'S WAIT-LIST HAS GROWN, AND WILL SUPPORT THE PLAN TO REACH MAXIMUM CAPACITY OF 225 STUDENTS BY YEAR FIVE IN THE NEW FACILITY, AND 385 OVERALL ACROSS BOTH SITES. ALL BUDGETARY GOALS ASSOCIATED WITH THE OPERATIONS OF THE NEW FACILITY AND GROWING ENROLLMENT ARE BEING MET. THE SCHOOL CONTINUES TO RECEIVE HIGH MARKS IN ALL EVALUATIONS FROM THE UNIVERSITY OF ST. THOMAS, OUR AUTHORIZER.Expenses $19,318,996 · revenue $341,768
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 20-0309518
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2004
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $5,031,261
- Income (IRS master file)
- $19,714,489
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $19,701,894 | $19,934,566 | $5,031,261 | IRS |
| 990 | June 2024 | $18,858,189 | $18,818,562 | $4,853,952 | IRS |
| 990 | June 2023 | $16,018,761 | $15,808,305 | $4,811,098 | XML |
| 990 | June 2022 | $9,958,889 | $9,882,062 | $4,601,682 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-0309518).
Questions about SPERO ACADEMY
- What is the EIN of SPERO ACADEMY?
- The employer identification number (EIN) of SPERO ACADEMY is 20-0309518.
- Is SPERO ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to SPERO ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SPERO ACADEMY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SPERO ACADEMY due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SPERO ACADEMY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of SPERO ACADEMY?
- The 990 for the year ended June 30, 2025 names DIANE PANGAL.
- Who are the officers and directors of SPERO ACADEMY?
- The 990 for the year ended June 30, 2025 lists 14 people; 7 received compensation from the organization, the highest $135,452 (KELLY TIEDEMANN, SPECIAL ED DIRECTOR).
- How much revenue does SPERO ACADEMY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $19,701,894, expenses of $19,934,566 and total assets of $5,031,261 at year end.
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