Spark Central (EIN 465367850) - 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

Sylvia Brown

Phone

5092790299

Tax Period

2023-01-01 to 2023-12-31

Spark Central, founded in 2014, is a small nonprofit in the Arts, Culture & Humanities sector that reported $599K in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum. The organization ran a surplus of $187K, a strong 31% operating margin.

Mission

To ignite creativity so people can forge the path to their best future

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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 $451,890

Program Service Revenue $2,996

Investment Income $28,141

Other Revenue $115,943

TOTAL REVENUE $598,970

Expense Breakdown

Grants Paid $0

Salaries & Benefits $276,650

Fundraising Expenses $0

Program Expenses $327,040

Other Expenses $135,351

TOTAL EXPENSES $412,001

Year-over-Year Comparison

	2023	2022	Change
Revenue	$598,970	$454,445	+0.3%
Expenses	$412,001	$462,538	-0.1%
Net Income	$186,969	$-8,093	-24.1%

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

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Tom McLaughlin	Treasurer	1.00	Officer	$0	$0	$0
Sylvia Brown	President	1.00	Officer	$0	$0	$0
Susan Ashe	Member	1.00	Officer	$0	$0	$0
Spencer Shanholtzer	Member	2.00	Officer	$0	$0	$0
Terrie Ashby-Scott	Member	1.00	Officer	$0	$0	$0
Nichole Bogarosh	Member	1.00	Officer	$0	$0	$0
Liz Rognes	Vice President	1.00	Officer	$0	$0	$0
Kristine Gillmer	Secretary	1.00	Officer	$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	$598,970	$412,001	$762,921	$186,969
2023	$598,970	$412,001	$762,921	$186,969
2022	$454,445	$462,538	$574,820	$-8,093
2021	$378,018	$369,989	$582,860	$8,029
2020	$475,258	$324,977	$532,911	$150,281
2020	$455,258	$324,977	$512,911	$130,281
2019	$414,552	$311,367	$345,204	$103,185

Spark Central