One Spark Inc

EIN: 455473493 501(c)(3)

Jacksonville, FL

Total Revenue
$698,526
Total Expenses
$569,545
Total Assets
$384,151
Net Assets
$384,151
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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
2011
Legal Domicile
FL
Principal Officer
Peter Rummell
Phone
9042500070
Tax Period
2018-01-01 to 2018-12-31

One Spark Inc, founded in 2011, is a small nonprofit that reported $699K in total revenue in fiscal year 2018. Revenue surged 547% from the prior year, signaling strong growth momentum. The organization ran a surplus of $129K, a strong 18% operating margin.

Mission

One Spark is dedicated to promoting an environment to start, build, and scale new ideas. These goals are achieved by a number of different activities. To promote a culture of creativity and innovation, One Spark sponsors an annual event that brings together creative innovators working on solutions to environmental issues, art, technology, and social issues to raise awareness and a bit of financial assistance to those dedicated to working to build and scale new ideas. In order to highlight the growing number of creative innovators working or moving to Jacksonville, Florida. For consecutive days creators will come together to show their most amazing ideas, projects, and creations.

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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 (2018)

Revenue Breakdown

Contributions & Grants $692,526
Program Service Revenue $6,000
Investment Income $0
Other Revenue $0
TOTAL REVENUE $698,526

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $569,545
Other Expenses $569,545
TOTAL EXPENSES $569,545

Year-over-Year Comparison

2018 2017 Change
Revenue $698,526 $108,000 +5.5%
Expenses $569,545 $226,752 +1.5%
Net Income $128,981 $-118,752 -2.1%
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
5
Employees
N/A
Volunteers
750

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
0
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Peter Rummell Chairman 8.00
Director
$0 $0 $0
Michael Munz Director 8.00
Director
$0 $0 $0
Abel Harding Director 1.00
Director
$0 $0 $0
Pamela Paul Director 1.00
Director
$0 $0 $0
Elizabeth Benson Director 1.00
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
2018 $698,526 $569,545 $384,151 $128,981
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