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Filing year 2024

SPECTRUM GROWTH INC

Lorain, Ohio·EIN 86-3103724·NTEE P20 · Human Services·501(c)(3)
Total revenue
$5.3M
Total assets
$384k
Total expenses
$5.4M
Reported officers
3
Mission

To provide an environment that fosters excellence, social-emotional growth, and healthy development to ensure that all students are prepared to take on the unique challenges of the 21st century.

Reported officers (all unpaid)

No paid executives reported in 2024. SPECTRUM GROWTH INC reported 3 unpaid officers and board members on its 990.

Member
Member
President
Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at SPECTRUM GROWTH INC equaled 0.0% of the organization's total expenses. The median for human services organizations is 8%.

This organization (2023)
0.0%
Sector median
8%
Middle half of sector
3% to 17%

Based on 26,698 human services organizations, each measured at its most recent filing year with reported expenses and compensation.

Pay for the position

Chief Executive Officer pay rose 200% from 2022 to 2023, while revenue rose 24%.

$125 in 2022 to $375 in 2023.
  • Board Member pay rose 297% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Financial trend

Revenue and expenses over time

SPECTRUM GROWTH INC reported revenue and expenses across 3 filing years.

RevenueExpenses
$4.4M
$4.4M
2022
$5.5M
$5.2M
2023
$5.3M
$5.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Human Services executives earn in Ohio

SPECTRUM GROWTH INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable human services organization in Ohio earns a median of $71,892.

25th percentile
$37k
Median
$71,892
75th percentile
$125k
90th percentile
$224k

These are human services sector-wide figures, not this organization's reported pay. Based on 1,053 organizations across 1,053 filings (2021 – 2024).

See full Human Services pay data for Ohio

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FAQ

Common questions about SPECTRUM GROWTH INC

What are SPECTRUM GROWTH INC's revenue and expenses?

In 2024, SPECTRUM GROWTH INC reported $5.3M in total revenue and $5.4M in total expenses on its IRS Form 990.

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