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Spring Research Institute

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$109k (2024)

Expenses
$91.9k (2024)

Total Assets
$458k (2024)

Total Liabilities
$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$108,874
Expenses
$91,885
Net Income
$16,989
Net Assets
$457,853
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $17,134
15.7%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $15,990
14.7%
Assets/Debt
Total Assets $457,853
Total Liabilities $0
Net Assets $457,853
Compensation
Key Employees and Officers Compensation Other
Steve Paradis (President/Of) $0 $0
Daniel Vazques (Vice Chair) $0 $0
Kelly Whiteside (Chairman) $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$97,240
Expenses
$86,657
Net Income
$10,583
Net Assets
$431,190
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $10,110
10.4%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $17,380
17.9%
Assets/Debt
Total Assets $431,190
Total Liabilities $0
Net Assets $431,190
Compensation
Key Employees and Officers Compensation Other
Steve Paradis (President/Of) $0 $0
Daniel Vazques (Vice Chair) $0 $0
Kelly Whiteside (Chairman) $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$110,964
Expenses
$88,400
Net Income
$22,564
Net Assets
$402,372
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $10,957
9.9%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $23,164
20.9%
Assets/Debt
Total Assets $402,372
Total Liabilities $0
Net Assets $402,372
Compensation
Key Employees and Officers Compensation Other
Steve Paradis (President/Of) $0 $0
Daniel Vazques (Vice Chair) $0 $0
Kelly Whiteside (Chairman) $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$97,964
Expenses
$88,405
Net Income
$9,559
Net Assets
$421,072
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $20,004
20.4%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $17,810
18.2%
Assets/Debt
Total Assets $424,028
Total Liabilities $2,956
Net Assets $421,072
Compensation
Key Employees and Officers Compensation Other
Christopher Mcgowan (President) $37,992 $0
Steve Paradis (Officer) $0 $0
Paul Anderson (Chairman) $0 $0
Kelly Whiteside (Vice Chair) $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$113,726
Expenses
$74,571
Net Income
$39,155
Net Assets
$402,630
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $7,576
6.7%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $22,400
19.7%
Assets/Debt
Total Assets $405,585
Total Liabilities $2,955
Net Assets $402,630
Compensation
Key Employees and Officers Compensation Other
Chris Mcgowan (President) $34,992 $0
Mary Sue Mcgowan (Secretary) $0 $0
Paul Anderson (Chairman) $0 $0
George Koerner (Vice Chair) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$119,853
Expenses
$90,141
Net Income
$29,712
Net Assets
$352,770
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $9,873
8.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $26,230
21.9%
Assets/Debt
Total Assets $355,725
Total Liabilities $2,955
Net Assets $352,770
Compensation
Key Employees and Officers Compensation Other
Chris Mcgowan (President) $35,000 $0
Mary Sue Mcgowan (Secretary) $0 $0
Paul Anderson (Chairman) $0 $0
George Koerner (Vice Chair) $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$126,589
Expenses
$96,972
Net Income
$29,617
Net Assets
$296,098
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $12,344
9.8%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $27,995
22.1%
Assets/Debt
Total Assets $299,053
Total Liabilities $2,955
Net Assets $296,098
Compensation
Key Employees and Officers Compensation Other
Chris Mcgowan (President) $32,000 $0
Mary Sue Mcgowan (Secretary) $0 $0
Paul Anderson (Chairman) $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$119,428
Expenses
$94,784
Net Income
$24,644
Net Assets
$296,459
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $11,919
10.0%
Net Fundraising $0
Sales of Assets -$1,490
Net Inventory Sales $0
Other Revenue $25,749
21.6%
Assets/Debt
Total Assets $299,931
Total Liabilities $3,472
Net Assets $296,459
Compensation
Key Employees and Officers Compensation Other
Chris Mcgowan (President) $31,500 $0
Mary Sue Mcgowan (Secretary) $0 $0
Paul Anderson (Vice Chairma) $0 $0
Michael Betts (Chairman) $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$138,830
Expenses
$149,438
Net Income
-$10,608
Net Assets
$254,621
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $5,003
3.6%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $43,202
31.1%
Assets/Debt
Total Assets $257,838
Total Liabilities $3,217
Net Assets $254,621
Compensation
Key Employees and Officers Compensation Other
John D Thomson (President) $27,000 $0
Mary E Thomson (Secretary) $19,000 $0
Paul Anderson (Vice Chairma) $0 $0
Michael Betts (Chairman) $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$152,376
Expenses
$143,028
Net Income
$9,348
Net Assets
$257,805
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $16,727
11.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $42,399
27.8%
Assets/Debt
Total Assets $259,440
Total Liabilities $1,635
Net Assets $257,805

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$168,821
Expenses
$128,368
Net Income
$40,453
Net Assets
$267,044
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $11,670
6.9%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $44,526
26.4%
Assets/Debt
Total Assets $268,090
Total Liabilities $1,046
Net Assets $267,044

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$133,898
Expenses
$137,165
Net Income
-$3,267
Net Assets
$228,785
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $6,944
5.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $39,954
29.8%
Assets/Debt
Total Assets $243,824
Total Liabilities $15,039
Net Assets $228,785

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$143,041
Expenses
$146,894
Net Income
-$3,853
Net Assets
$212,955
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $4,276
3.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $43,515
30.4%
Assets/Debt
Total Assets $228,676
Total Liabilities $15,721
Net Assets $212,955

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$147,121
Expenses
$149,187
Net Income
-$2,066
Net Assets
$205,180
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $4,955
3.4%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $48,916
33.2%
Assets/Debt
Total Assets $228,872
Total Liabilities $23,692
Net Assets $205,180

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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