SPARK COMMUNITY FOUNDATION (EIN 274374456) - 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

2010

Legal Domicile

Principal Officer

DENISE MCHUGH

Phone

7203312746

Tax Period

2024-01-01 to 2024-12-31

SPARK COMMUNITY FOUNDATION, founded in 2010, is a small nonprofit in the Public & Societal Benefit sector that reported $896K in total revenue in fiscal year 2024. Revenue surged 69% from the prior year, signaling strong growth momentum. The organization ran a surplus of $298K, a strong 33% operating margin.

Mission

PROVIDE ASSISTANCE TO GOVERNMENT AND NON-PROFIT AGENCIES WITH THE MANAGEMENT OF A BROAD ARRAY OF PUBLIC AND PRIVATE FUNDS AND RELATED SERVICES IN THE AREAS OF HEALTH, WELFARE, EDUCATION AND OTHER GOVERNMENTAL PROGRAMS FOR SOCIETY'S BENEFIT.

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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 $894,850

Program Service Revenue $0

Investment Income $680

Other Revenue $0

TOTAL REVENUE $895,530

Expense Breakdown

Grants Paid $0

Salaries & Benefits $95,511

Fundraising Expenses $0

Program Expenses $535,930

Other Expenses $502,397

TOTAL EXPENSES $597,908

Year-over-Year Comparison

	2024	2023	Change
Revenue	$895,530	$530,192	+0.7%
Expenses	$597,908	$490,304	+0.2%
Net Income	$297,622	$39,888	+6.5%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DENISE MCHUGH	EXECUTIVE DIRECTOR	40.00	Officer Director	$0	$0	$0
LIBBY STODDARD	DIRECTOR	0.00	Director	$0	$0	$0
LINDA BRADLEY	DIRECTOR	0.00	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
2024	$895,530	$597,908	$348,833	$297,622
2023	$530,192	$490,304	$51,211	$39,888
2022	$403,974	$455,875	$11,323	$-51,901
2021	$302,437	$270,381	$72,755	$32,056
2020	$270,888	$206,452	$46,700	$64,436
2019	$204,479	$210,798	$2,127	$-6,319

SPARK COMMUNITY FOUNDATION