SUNSET SPARK INC

EIN: 454683418 501(c)(3) Education

BROOKLYN, NY

Total Revenue
$195,116
Total Expenses
$176,754
Total Assets
$34,278
Net Assets
$17,552
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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
NY
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

Sunset Sparks mission is to equip immigrant families with the skills to create and enhance educational, cultural, social, and economical opportunities using science and technology. We primarily accomplish this through high quality instruction for kids and families on topics that include computer science, robotics, and their history in and effects on society and culture.

Program Service Accomplishments

Program 1
Expenses: $144,703 Revenue: $92,310

Creative technology residencies: Sunset Spark delivered creative technology, robotics, and cultural technology classes to approximately 3,000 students at 12 schools and 3 community centers. Teacher...

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Creative technology residencies: Sunset Spark delivered creative technology, robotics, and cultural technology classes to approximately 3,000 students at 12 schools and 3 community centers. Teacher Training: We also provided computer science professional development to approximately 200 teachers in the NYC DOE and curriculum development for the DOE CS4All division.

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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 $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

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Governance

Voting Members
5
Independent Members
3
Employees
2
Volunteers
4

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
$95,000
Total Directors
5
$95,000
Key Employees
0
$0
Highest Compensated
0
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
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