The Spark Inc (EIN 841916027) - 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

2020

Legal Domicile

Principal Officer

Stephanie Pierce

Tax Period

2023-01-01 to 2023-12-31

The Spark Inc, founded in 2020, is a small nonprofit in the Education sector that reported $165K in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $146K left a modest 12% surplus.

Mission

Programs, education, and services to entrepreneurs

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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 $164,994

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $164,994

Expense Breakdown

Grants Paid $0

Salaries & Benefits $83,340

Fundraising Expenses $13,991

Program Expenses $105,192

Other Expenses $62,228

TOTAL EXPENSES $145,568

Year-over-Year Comparison

	2023	2022	Change
Revenue	$164,994	$208,369	-0.2%
Expenses	$145,568	$173,037	-0.2%
Net Income	$19,426	$35,332	-0.5%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sarah Siders	Executive Director	40.00		$64,231	$0	$64,231
Brian Rempe	Board Member	0.25	Director	$0	$0	$0
Jamie Bosse	Board Member	0.25	Director	$0	$0	$0
Nadia Arbelo	Board Member	0.25	Director	$0	$0	$0
Stephanie Pierce	Board Member	0.25	Director	$0	$0	$0
Jeff Wick	Board Member	0.25	Director	$0	$0	$0
Kent Glasscock	Board Member	0.25	Director	$0	$0	$0
Derek Richards	Chair of the Board	0.25	Director	$0	$0	$0
Sheila Ellis-Glasper	Board Member	0.25	Director	$0	$0	$0
Terry Holdren	Board Member	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	$164,994	$145,568	$80,427	$19,426
2022	$208,369	$173,037	$85,692	$35,332
2021	$218,453	$218,094	$62,490	$359

The Spark Inc