Spencer Management, Inc.
How we got $15.0M
Based on its 77 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SPENCER MANAGEMENT, INC. this business | $15.0M | — |
| ENCOURAGING WORD MINISTRIES, INC Bartlesville · 1 employees | $163K | 0.1 mi |
| FIRST BAPTIST CHURCH OF BARTLESVILLE Bartlesville · 48 employees | $6.1M | 0.2 mi |
| CHURCHES UNITED FOR COMMUNITY CONCERN Bartlesville · 6 employees | $316K | 0.8 mi |
| VERTICAL CHURCH INC Bartlesville · 1 employees | $217K | 1.2 mi |
| EAST BARTLESVILLE CHRISTIAN CHURCH Bartlesville · 4 employees | $947K | 2.0 mi |
| FIRST CHURCH OF THE NAZARENE Bartlesville · 10 employees | $1.4M | 2.1 mi |
The full calculation
| Employees reported to the SBA | 77 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $15.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $11.2M |
| Estimate: the two combined (geometric mean) | $15.0M |
| EBITDA margin (industry, adjusted for size) | 26% |
| EBITDA = revenue × margin | $3.9M |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Revenue range | $9.8M – $17.1M |
| EBITDA range | $2.6M – $4.5M |
| Industry (NAICS) | Religious, Grantmaking, Civic, Professional, and Similar Organizations (813110) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Advisors
- BankingArvest BankPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $279K | 77 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Spencer Management, Inc.
Spencer Management, Inc. is a churches & nonprofits company in Bartlesville, Oklahoma. It is owned by Mark Spencer (Founder). Its estimated annual revenue is about $15.0M, with roughly $3.9M of EBITDA. It has about 77 employees.
Common questions
- Who owns Spencer Management, Inc.?
- Spencer Management, Inc. is owned by Mark Spencer (Founder), according to public sources such as the company's website or filings.
- How much revenue does Spencer Management, Inc. make?
- SeeBITDA estimates Spencer Management, Inc.'s annual revenue at about $15.0M (likely between $9.8M and $17.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- How many employees does Spencer Management, Inc. have?
- About 77, as reported on its PPP loan.