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Nonprofit · EIN 45-2243846

SPRING INITIATIVE INC

Tax-exempt · CLARKSDALE, MS 38614

Financials

$1.5M$1.4M2022$1.4M$1.5M2023$2.1M$1.7M2024
Revenue Expenses · by fiscal year end
Financials of SPRING INITIATIVE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
July 31, 2025990$2,095,341$1,701,741$393,600$1,105,260$2,606$1,102,654
July 31, 2024990$1,429,863$1,458,241-$28,378$713,415$4,361$709,054
July 31, 2023990$1,468,640$1,428,202$40,438$745,682$8,250$737,432
Financial details: 990 for the year ended July 31, 2025

Revenue

Contributions, gifts and grants
$2,084,202
of which government grants
$236,920
Program service revenue
$0
Investment income
$0
Other revenue
$11,139

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$1,073,563
Salaries, compensation and benefits (total)
$1,073,563
Professional fundraising fees
$0
Accounting fees
$4,867
Travel
$71,954
Depreciation
$48,880
Program services (functional)
$928,223
Management and general (functional)
$773,518

Balance sheet and other

Total assets, start of year
$713,415
Total assets, end of year
$1,105,260
Total liabilities, end of year
$2,606
Net assets, end of year
$1,102,654
Land, buildings and equipment
$362,168
Net assets without donor restrictions
$602,654
Net assets with donor restrictions
$500,000
Gross receipts
$2,095,341
Employees
23
Year formed
2011
State of legal domicile
MS

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 July 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
SHANELLE FRAZIERBOARD MEMBER
Trustee or director
–$0
AMANDA JOHNSONBOARD MEMBER
Trustee or director
–$0
STEVE JOSSELLBOARD MEMBER
Trustee or director
–$0
BARBARA LINDERDIRECTOR
Trustee or director
–$0
DONNA MERKELDIRECTOR
Trustee or director
–$0
ANTHONY PHILLIPPBOARD MEMBER
Trustee or director
–$0
MARY THOMPSONBOARD CHAIR
Trustee or director, Officer
–$0
990 for the year ended July 31, 2024: 7 people
NameTitleHours / weekCompensation
SHANELLE FRAZIERBOARD MEMBER
Trustee or director
–$0
AMANDA JOHNSONBOARD MEMBER
Trustee or director
–$0
STEVE JOSSELLBOARD MEMBER
Trustee or director
–$0
BARBARA LINDERDIRECTOR
Trustee or director
–$0
DONNA MERKELDIRECTOR
Trustee or director
–$0
ANTHONY PHILLIPPBOARD MEMBER
Trustee or director
–$0
MARY THOMPSONBOARD CHAIR
Trustee or director, Officer
–$0
990 for the year ended July 31, 2023: 6 people
NameTitleHours / weekCompensation
AMANDA JOHNSONBOARD MEMBER
Trustee or director
–$0
STEVE JOSSELLBOARD MEMBER
Trustee or director
–$0
BARBARA LINDERDIRECTOR
Trustee or director
–$0
DONNA MERKELDIRECTOR
Trustee or director
–$0
ANTHONY PHILLIPPBOARD MEMBER
Trustee or director
–$0
MARY THOMPSONBOARD CHAIR
Trustee or director, Officer
–$0

Address and contacts

Address (IRS master file)
317 E 2ND ST, CLARKSDALE, MS 38614-4304
In care of
% MATT SUTTON
Mailing address (990-N for 2011)
PO Box 400, Clarksdale MS 38614
Principal officer (990 for 2024)
MARY THOMPSON
Principal officer (990-N for 2011)
Matthew L Sutton, PO Box 1759, Clarksdale MS 38614
Signed the 990
BIANCA C ZARARESCU, COEXECUTIVE DIRECTOR
Return prepared by
BRIDGERS GOODMAN BAIRD & CLARKE PLLC

Mission

SPRING EMPOWERS YOUTH TO DISCOVER AND UNLEASH THEIR POTENTIAL THROUGH A HOLISTIC PERSONAL AND EDUCATION APPROACH BY PROMOTING EMOTIONAL WELL-BEING, ACADEMIC GROWTH AND EXCELLENCE, COMMUNITY ENGAGEMENT AND GLOBAL EXPOSURE, SOCIAL CONNECTEDNESS, PHYSICAL HEALTH AND CREATIVE EXPRESSION. SPRING FUNCTIONS AS A DAILY AFTER-SCHOOL PROGRAM THAT PROVIDES ACADEMIC INSTRUCTION, ENRICHMENT AND SUPPORT IN A FRAMEWORK OF STABLE AND TRUSTING RELATIONSHIPS WITH PEERS AND ADULTS. SPRING CREATES OPPORTUNITIES FOR ITS STUDENTS TO IDENTIFY POSITIVE, POSSIBLE FUTURE SELVES BY BUILDING THE ACADEMIC SKILLS AND CONFIDENCE NECESSARY AND ENCOURAGING ITS STUDENTS TO ENGAGE WITH OTHERS AND THEMSELVES IN A KIND AND PROACTIVE WAY. SPRING BELIEVES THAT BY EXPOSING ITS STUDENTS TO NEW PLACES, INDIVIDUALS, IDEAS, AND APPROACHES, THE KIDS WILL BE EMPOWERED TO DREAM BIG. SPRING STUDENTS OVERCOME OBSTACLES IN A SUPPORTIVE ENVIRONMENT AS THEY DEVELOP GOALS AND A VISION FOR THEIR LIVES.

990 for the year ended July 31, 2025

Program accomplishments

  • DAILY COMPREHENSIVE YOUTH PROGRAMS SERVING STUDENTS IN DIFFERENT AGE GROUPS YEAR ROUND.. PROGRAMS RUN MONDAY-FRIDAY, 4PM-7PM, BUT INCLUDE SIGNIFICANT PROGRAMMING DURING WEEKENDS AND BREAKS, INCLUDING COLLEGE VISITS AND EDUCATIONAL TRIPS THROUGHOUT THE YEAR. PROGRAM FOCUSES INCLUDE INDIVIDUALIZED ACADEMIC INSTRUCTION AND TUTORING (REMEDIAL AND ENRICHING), COLLEGE PREP, MENTORING, THERAPY, INTERNSHIPS, EXERCISE, HEALTHY NUTRITION, AND ENRICHMENT ACTIVITIES TO ENGAGE EACH STUDENT'S EMOTIONAL, SOCIAL, MENTAL, COGNITIVE AND PHYSICAL NEEDS.
    Expenses $819,453
  • BABY UNIVERSITY, WHICH IS A NINE WEEK INTENSIVE PARENTING PROGRAM FOR EXPECTING PARENTS AND FAMILIES WITH CHILDREN UNDER THE AGE OF THREE. EACH COURSE IS STRUCTURED AROUND A MIXTURE OF INSTRUCTION AND GUIDED PLAY TIME TO HELP PARENTS BUILD SKILLS THAT WILL FOSTER OPTIMAL PHYSICAL, EMOTIONAL, AND COGNITIVE DEVELOPMENT IN THEIR BABIES AND TODDLERS. CLASSES ALSO PROVIDE OPPORTUNITIES FOR PEER SUPPORT, INTROSPECTION AND EXPERIENTIAL LEARNING.
    Expenses $108,770

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 July, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025July 31, 2026December 15, 2026Not due yet
2024July 31, 2025December 15, 2025990 on file
2023July 31, 2024December 16, 2024990 on file

IRS record

EIN
45-2243846
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2011
Accounting year ends
July
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B90)
Assets (IRS master file)
$1,105,260
Income (IRS master file)
$2,095,341

Filing history

FormYear endedRevenueExpensesAssetsReturn
990July 2025$2,095,341$1,701,741$1,105,260XML
990July 2024$1,429,863$1,458,241$713,415XML
990July 2023$1,468,640$1,428,202$745,682XML
990July 2022$1,036,107$1,180,586$713,536IRS
990July 2021–––IRS
990July 2020–––IRS
990-N for 2011
Officer: Matthew L Sutton
June 30, 2012≤ $50,000 receipts––e-Postcard

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 45-2243846).

Questions about SPRING INITIATIVE INC

What is the EIN of SPRING INITIATIVE INC?
The employer identification number (EIN) of SPRING INITIATIVE INC is 45-2243846.
Is SPRING INITIATIVE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to SPRING INITIATIVE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SPRING INITIATIVE INC 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 SPRING INITIATIVE INC due?
The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SPRING INITIATIVE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended July 2025.
Who is the principal officer of SPRING INITIATIVE INC?
The 990 for the year ended July 31, 2025 names MARY THOMPSON.
Who are the officers and directors of SPRING INITIATIVE INC?
The 990 for the year ended July 31, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does SPRING INITIATIVE INC have?
On its 990 for the year ended July 31, 2025 it reported revenue of $2,095,341, expenses of $1,701,741 and total assets of $1,105,260 at year end.

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