SPARKPATH INC

EIN: 411948020 501(c)(3) Education

Arden Hills, MN

Total Revenue
$312,241
Total Expenses
$394,814
Total Assets
$28,919
Net Assets
$-45,876
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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
1999
Legal Domicile
MN
Principal Officer
John Schultz
Phone
6126381500
Tax Period
2023-07-01 to 2024-06-30

SPARKPATH INC, founded in 1999, is a small nonprofit in the Education sector that reported $312K in total revenue in fiscal year 2023. Expenses of $395K exceeded revenue, resulting in a 26% operating deficit.

Mission

SparkPath (formerly known as Success Beyond the Classroom) creates powerful learning experiences that challenge students to explore interests, discover new perspectives, connect with professionals in the community, and visualize their success beyond the classroom.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $88,617
Program Service Revenue $221,246
Investment Income $2,378
Other Revenue $0
TOTAL REVENUE $312,241

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $750
Program Expenses $354,087
Other Expenses $394,814
TOTAL EXPENSES $394,814

Year-over-Year Comparison

2023 2022 Change
Revenue $312,241 $306,068 +0.0%
Expenses $394,814 $376,290 +0.0%
Net Income $-82,573 $-70,222 +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

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
400

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
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jonathan Wiese Board Member 1
Director
$0 $0 $0
Marilyn Porter Clerk 1
Officer Director
$0 $0 $0
Mary Spychalla Board Member 1
Director
$0 $0 $0
Loan Ngo Treasurer 1
Officer Director
$0 $0 $0
Denise Ratzlaff Board Member 1
Director
$0 $0 $0
Nancy Diekmann Board Chair 1
Officer Director
$0 $0 $0
Maija Sedzielarz Board Member 1
Director
$0 $0 $0
Anes Muratovic Board Vice Chair 1
Officer Director
$0 $0 $0
Holly Fistler Board Member 1
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 No data No data No data No data
2024 $312,241 $394,814 $28,919 $-82,573
2023 $306,068 $376,290 $68,651 $-70,222
2022 $299,747 $223,291 $138,651 $76,456
2021 $234,960 $234,014 $50,853 $946
2020 $274,797 $267,057 $68,407 $7,740
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