Sparc Philadelphia (EIN 264277598) - 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

2008

Legal Domicile

Principal Officer

NOFRE VAQUER

Phone

2152294550

Tax Period

2024-07-01 to 2025-06-30

Sparc Philadelphia, founded in 2008, is a community nonprofit in the Human Services sector that reported $2.1M in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $362K, a strong 17% operating margin.

Mission

TO COORDINATE THE ACTIVITIES OF ITS AFFILIATED 501(C)(3) ORGANIZATIONS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $76,164

Program Service Revenue $1,669,652

Investment Income $361,827

Other Revenue $3,827

TOTAL REVENUE $2,111,470

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,127,159

Fundraising Expenses $8,922

Program Expenses $428,736

Other Expenses $622,236

TOTAL EXPENSES $1,749,395

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,111,470	$1,948,422	+0.1%
Expenses	$1,749,395	$1,636,377	+0.1%
Net Income	$362,075	$312,045	+0.2%

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

Volunteers

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

$464,590

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NOFRE VAQUER	CHIEF EXECUTIVE OFFICER	8.0	Officer	$32,109	$47,461	$208,005
Mia MCGuire	CHIEF OPERATING OFFICER	8.0	Officer	$26,377	$11,585	$143,469
lee gutkin	controller	8.0	Officer	$19,265	$16,791	$113,116
reginald FULLER	PRESIDENT	2.0	Officer Director	$0	$0	$0
david BRIGHT	TREASURER	2.0	Officer Director	$0	$0	$0
ANN COSFOL	SECRETARY	1.0	Officer Director	$0	$0	$0
NORMA CARTER	BOARD MEMBER	1.0	Director	$0	$0	$0
roy Diamond	BOARD MEMBER	1.0	Director	$0	$0	$0
Margie Gardner	BOARD MEMBER	1.0	Director	$0	$0	$0
MICHAEL WEINGRAM	BOARD MEMBER	1.0	Director	$0	$0	$0
Ken Oakes	BOARD MEMBER	1.0	Director	$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	$2,111,470	$1,749,395	$11,229,912	$362,075
2024	No data	No data	No data	No data
2023	$1,848,637	$1,645,759	$9,973,380	$202,878
2022	$2,320,083	$1,557,468	$8,453,924	$762,615
2021	$2,257,481	$1,488,893	$5,950,657	$768,588
2020	$1,625,007	$1,641,779	$4,791,173	$-16,772
2019	$1,695,478	$1,673,322	$4,583,737	$22,156
2018	$1,775,981	$1,540,196	$4,420,665	$235,785

Sparc Philadelphia