Spring Point Project

Medical research organization based in Minneapolis, MN. 18 employees. Exempt under §501(c)(3).

MissionTO BE THE PREEMINENT SOURCE OF MEDICAL-GRADE PORCINE TISSUE UTILIZED TO CURE DISEASES, WITH THE PRIMARY COMMITMENT TO DIABETES.

Financial snapshot · TY 2024

$3.7M
Total revenue
$3.6M
Total expenses
$8.3M
Net assets

Financial health · TY 2024

83
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
26.2 months of expenses
Program efficiency
100
91.6% spent on programs
Revenue diversity
14
Mix of program fees, grants & contributions

Leadership compensation

Thomas Spizzo
EXECUTIVE DIRECTOR
$237,621
69th percentile vs. peers
Megan Larson
DIRECTOR OF QUALITY
$127,632
26th percentile vs. peers
Geraldine Hullum
DIRECTOR OF ADMINISTRATION
$126,710
33th percentile vs. peers

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Spring Point Project Executive Compensation | 990 Data | DoubleNine