NORMAL PARK MUSEUM MAGNET EDUCATION FUND SPARK

EIN: 464637778 501(c)(3) Education

CHATTANOOGA, TN

Total Revenue
$277,518
Total Expenses
$307,872
Total Assets
$150,575
Net Assets
$149,142
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
TN
Principal Officer
ALYSIA COMERFORD
Phone
4234986880
Tax Period
2024-07-01 to 2025-06-30

NORMAL PARK MUSEUM MAGNET EDUCATION FUND SPARK, founded in 2014, is a small nonprofit in the Education sector that reported $278K in total revenue in fiscal year 2024. Expenses of $308K exceeded revenue, resulting in a 11% operating deficit.

Mission

THE NORMAL PARK MUSEUM MAGNET EDUCATION FUND ("SPARK") EXISTS TO ASSURE THAT THE EDUCATIONAL NEEDS OF ITS STUDENTS ARE FULLY MET. SPARK SUPPORTS NORMAL PARK MUSEUM MAGENT SCHOOL ("THE SCHOOL") IN ITS GOAL, ESPECIALLY IN PROVIDING A FULL CURRICULUM, A PROFESSIONAL STAFF, TARGETED INTERVENTION FOR AT-RISK STUDENTS, AND AN INNOVATIVE AND EQUITABLE APPROACH TO EDUCATION FOR ALL.

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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 (2024)

Revenue Breakdown

Contributions & Grants $124,411
Program Service Revenue $21,404
Investment Income $0
Other Revenue $131,703
TOTAL REVENUE $277,518

Expense Breakdown

Grants Paid $0
Salaries & Benefits $48,087
Fundraising Expenses $0
Program Expenses $286,617
Other Expenses $259,785
TOTAL EXPENSES $307,872

Year-over-Year Comparison

2024 2023 Change
Revenue $277,518 $288,261 0.0%
Expenses $307,872 $287,818 +0.1%
Net Income $-30,354 $443 -69.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
28
Independent Members
28
Employees
1
Volunteers
120

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
5
$0
Total Directors
28
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LEIGH BOIKE BOARD MEMBER 1.00
Director
$0 $0 $0
SHELTON CHAMBERS BOARD MEMBER 1.00
Director
$0 $0 $0
BEN CONNOR BOARD MEMBER 1.00
Director
$0 $0 $0
ANDREW STEPHENSON SECRETARY 5.00
Officer Director
$0 $0 $0
TODD BAKER BOARD MEMBER 1.00
Director
$0 $0 $0
ALLIE BEUKEMA PRESIDENT 5.00
Officer Director
$0 $0 $0
JANICE DYER BOARD MEMBER 1.00
Director
$0 $0 $0
ALYSIA COMERFORD VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
JENNIFER MELDA BOARD MEMBER 1.00
Director
$0 $0 $0
TIFFANY PHILLIPS LAC CHAIR 5.00
Officer Director
$0 $0 $0
JEN BROWN BOARD MEMBER 1.00
Director
$0 $0 $0
CINDY CLEMONS BOARD MEMBER 1.00
Director
$0 $0 $0
SONGKHLA VENZA BOARD MEMBER 1.00
Director
$0 $0 $0
HALEY GROS BOARD MEMBER 1.00
Director
$0 $0 $0
TIFFANY WHALEY BOARD MEMBER 1.00
Director
$0 $0 $0
NATALIE PARKER BOARD MEMBER 1.00
Director
$0 $0 $0
TRAVIS WITHERS BOARD MEMBER 1.00
Director
$0 $0 $0
MARIAN KING BOARD MEMBER 1.00
Director
$0 $0 $0
KAJAL RAMJEE BOARD MEMBER 1.00
Director
$0 $0 $0
JR HILL BOARD MEMBER 1.00
Director
$0 $0 $0
JESSICA KNIGHT-GRAHAM BOARD MEMBER 1.00
Director
$0 $0 $0
HOPE LUKA BOARD MEMBER 1.00
Director
$0 $0 $0
MADALYN ROBERTS BOARD MEMBER 1.00
Director
$0 $0 $0
SOPHIE MOORE BOARD MEMBER 1.00
Director
$0 $0 $0
ALISON POOLE BOARD MEMBER 1.00
Director
$0 $0 $0
CATHERINE STRACKER TREASURER 5.00
Officer Director
$0 $0 $0
JAI THURMAN BOARD MEMBER 1.00
Director
$0 $0 $0
LACEY WILLIAMS BOARD MEMBER 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
2025 $277,518 $307,872 $150,575 $-30,354
2024 $288,261 $287,818 $181,432 $443
2023 $282,984 $265,221 $180,013 $17,763
2022 $198,814 $185,054 $162,260 $13,760
2021 $148,442 $122,474 $148,696 $25,968
2020 $217,779 $201,422 $122,728 $16,357
2019 $237,078 $290,552 $106,371 $-53,474
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