SUNSET SPARK INC (EIN 454683418) - 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

2012

Legal Domicile

Principal Officer

Gaelen Hadlett

Phone

7189021377

Tax Period

2023-01-01 to 2023-12-31

SUNSET SPARK INC, founded in 2012, is a small nonprofit in the Education sector that reported $195K in total revenue in fiscal year 2023. Revenue surged 69% from the prior year, signaling strong growth momentum. Expenses of $177K left a modest 9% surplus.

Mission

See Part III line 1 on next page.

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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 (2023)

Revenue Breakdown

Contributions & Grants $98,229

Program Service Revenue $92,310

Investment Income $77

Other Revenue $4,500

TOTAL REVENUE $195,116

Expense Breakdown

Grants Paid $0

Salaries & Benefits $110,064

Fundraising Expenses $2,950

Program Expenses $144,703

Other Expenses $66,690

TOTAL EXPENSES $176,754

Year-over-Year Comparison

	2023	2022	Change
Revenue	$195,116	$115,374	+0.7%
Expenses	$176,754	$180,100	0.0%
Net Income	$18,362	$-64,726	-1.3%

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

$95,000

Total Directors

$95,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Gaelen Hadlett	Treasurer	50.00	Officer Director	$50,000	$0	$50,000
Yadira Hadlett	Secretary	40.00	Officer Director	$45,000	$0	$45,000
Brenda Mitchell	Chairperson	3.00	Officer Director	$0	$0	$0
Joy Liu	Vice Chairperson	3.00	Officer Director	$0	$0	$0
Ann Marie Conway	Advisor/Member	3.00	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	No data	No data	No data	No data
2023	$195,116	$176,754	$34,278	$18,362
2022	$115,374	$180,100	$13,574	$-64,726
2021	$158,955	$162,351	$90,941	$-3,396
2021	$216,805	$181,191	$76,999	$35,614
2020	$108,715	$208,011	$62,156	$-99,296
2019	$224,137	$233,543	$783	$-9,406
2019	$122,793	$238,275	$135,329	$-115,482
2018	$480,825	$293,256	$250,157	$187,569
2018	$282,475	$286,179	$10,189	$-3,704

SUNSET SPARK INC