Fort Worth SPARC (EIN 465112626) - 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

2014

Legal Domicile

Principal Officer

Tobi L Jackson

Phone

8179079092

Tax Period

2023-01-01 to 2023-12-31

Fort Worth SPARC, founded in 2014, is a small nonprofit in the Education sector that reported $437K in total revenue in fiscal year 2023.

Mission

To strengthen after-school programs through Advocacy, Resources, and Collaboration

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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 $437,397

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $437,397

Expense Breakdown

Grants Paid $361,322

Salaries & Benefits $80,737

Fundraising Expenses $9,795

Program Expenses $444,220

Other Expenses $30,448

TOTAL EXPENSES $472,507

Year-over-Year Comparison

	2023	2022	Change
Revenue	$437,397	$453,545	0.0%
Expenses	$472,507	$401,634	+0.2%
Net Income	$-35,110	$51,911	-1.7%

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

156

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

$75,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Tobi Jackson	Executive Director	40.00	Officer	$75,000	$0	$75,000
Kathleen Powderly MD	President	0.25	Officer Director	$0	$0	$0
Pablo Calderon	Vice President	0.50	Officer Director	$0	$0	$0
Molly Hyry	Treasurer	2.00	Officer Director	$0	$0	$0
Vicki Ray	Secretary	0.75	Officer Director	$0	$0	$0
Mervil Johnson	Director	0.50	Director	$0	$0	$0
Tiesa Leggett	Director	0.17	Director	$0	$0	$0
Susie Reyes	Director	0.50	Director	$0	$0	$0
John Gales Jr	Director	0.75	Director	$0	$0	$0
Mary Emily Pardue	Director	0.25	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	$437,397	$472,507	$83,749	$-35,110
2022	$453,545	$401,634	$118,859	$51,911
2021	$573,363	$542,815	$174,418	$30,548

Fort Worth SPARC