SPHERE INC (EIN 222968009) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1987

Legal Domicile

Principal Officer

LORI BERISFORD

Tax Period

2023-01-01 to 2023-12-31

SPHERE INC, founded in 1987, is a small nonprofit that reported $369K in total revenue in fiscal year 2023. Revenue surged 170% from the prior year, signaling strong growth momentum. The organization ran a surplus of $280K, a strong 76% operating margin.

Mission

Advocates and runs programs to enrich and enhance the lives of adults with developmental disabilities.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $227,900

Program Service Revenue $0

Investment Income $16,969

Other Revenue $124,314

TOTAL REVENUE $369,183

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $89,103

Other Expenses $89,103

TOTAL EXPENSES $89,103

Year-over-Year Comparison

	2023	2022	Change
Revenue	$369,183	$136,775	+1.7%
Expenses	$89,103	$79,919	+0.1%
Net Income	$280,080	$56,856	+3.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Caitlin Granucci	Director	005.00	Director	$0	$0	$0
Jill Barberie	Director	005.00	Director	$0	$0	$0
Wendy Lionetti	Director	005.00	Director	$0	$0	$0
Lori Berisford	Chairman of Board	005.00	Officer	$0	$0	$0
Kathleen Bowlby	Treasurer	005.00	Officer	$0	$0	$0
Rebecca Ciota	Secretary	005.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$369,183	$89,103	$1,114,310	$280,080
2022	$136,775	$79,919	$765,240	$56,856
2021	$264,781	$72,319	$795,720	$192,462
2020	$92,157	$104,373	$606,015	$-12,216

SPHERE INC