SPARK THE JOURNEY (EIN 521832497) - 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

1993

Legal Domicile

Principal Officer

BRANDON WHITE

Phone

2026826020

Tax Period

2024-07-01 to 2025-06-30

SPARK THE JOURNEY, founded in 1993, is a community nonprofit in the Education sector that reported $2.1M in total revenue in fiscal year 2024. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $3.3M exceeded revenue, resulting in a 52% operating deficit.

Mission

SPARK THE JOURNEY IS A NON-PROFIT ORGANIZATION THAT PROVIDES MENTORSHIP AND A COMMUNITY OF SUPPORT FOR YOUNG ADULTS FROM WASHINGTON D.C.'S LOW-INCOME NEIGHBORHOODS TO CHART THEIR OWN PATHS TO ACHIEVING COLLEGE AND CAREER SUCCESS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,065,863

Program Service Revenue $0

Investment Income $77,770

Other Revenue $-1,443

TOTAL REVENUE $2,142,190

Expense Breakdown

Grants Paid $31,880

Salaries & Benefits $2,400,752

Fundraising Expenses $321,431

Program Expenses $2,507,215

Other Expenses $824,988

TOTAL EXPENSES $3,257,620

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,142,190	$4,248,089	-0.5%
Expenses	$3,257,620	$3,523,372	-0.1%
Net Income	$-1,115,430	$724,717	-2.5%

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

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

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

$644,937

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THEODORE SCHWAB	CO-FOUNDER/CHAIRMAN EMERITUS	1.00	Officer Director	$0	$0	$0
MARY BUSH	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
JOHN BATES	TREASURER	1.00	Officer Director	$0	$0	$0
CAROL ADELMAN	DIRECTOR	1.00	Director	$0	$0	$0
CATHY BERNASEK	DIRECTOR	1.00	Director	$0	$0	$0
GINA COBURN	DIRECTOR	1.00	Director	$0	$0	$0
GREGORY FIERCE	DIRECTOR	1.00	Director	$0	$0	$0
J WARREN GORRELL JR	DIRECTOR	1.00	Director	$0	$0	$0
REGINALD LOVE	DIRECTOR	1.00	Director	$0	$0	$0
MEENA NANKANI	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN NAUMICK	DIRECTOR	1.00	Director	$0	$0	$0
CHARLES ROSSOTTI	DIRECTOR	1.00	Director	$0	$0	$0
MACANI TOUNGARA	DIRECTOR	1.00	Director	$0	$0	$0
KEOSHA VARELA	DIRECTOR	1.00	Director	$0	$0	$0
DENNIS VIA	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL WOOD	DIRECTOR	1.00	Director	$0	$0	$0
ANTOINE VAN AGTMAEL	DIRECTOR (FROM MAR 2025)	1.00	Director	$0	$0	$0
KHARI BROWN	CHIEF EXECUTIVE OFFICER	40.00	Officer	$410,284	$28,121	$438,405
BRANDON WHITE	EXECUTIVE DIRECTOR/SECRETARY	40.00	Officer	$193,047	$13,485	$206,532
JUSTINE QUINTANA	SR. DIRECTOR OF PROGRAMS	40.00	Highest	$139,500	$11,685	$151,185
LYDIA BAILEY	SR. DIRECTOR OF TALENT AND OPERATIONS	40.00	Highest	$132,447	$11,571	$144,018

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	$2,142,190	$3,257,620	$2,873,008	$-1,115,430
2024	$4,248,089	$3,523,372	$4,055,712	$724,717
2023	$2,817,462	$3,781,899	$3,345,708	$-964,437
2022	$4,620,735	$3,348,557	$4,089,661	$1,272,178
2021	$2,133,722	$2,849,285	$3,247,912	$-715,563
2020	$1,529,083	$2,884,035	$3,654,310	$-1,354,952
2019	$2,680,461	$2,642,522	$4,639,322	$37,939

SPARK THE JOURNEY