SPARK THOMASVILLE INC

EIN: 880557291 501(c)(3) Unknown

THOMASVILLE, GA

Total Revenue
$192,436
Total Expenses
$119,976
Total Assets
$293,104
Net Assets
$293,098
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
GA
Principal Officer
BRIANA BUTLER
Phone
2298434888
Tax Period
2024-01-01 to 2024-12-31

SPARK THOMASVILLE INC, founded in 2022, is a small nonprofit in the Unknown sector that reported $192K in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $72K, a strong 38% operating margin.

Mission

Spark Thomasville stands to serve our community by igniting the Spark Passion of potential entrepreneurs, not only to educate and train them, but also to provide leverage and encouragement for them to create legacies for their generation and generations to come. Spark will endeavor to create the necessary support system to undergird these entrepreneurs, so they will have the ability to create jobs and build their community one business at a time.

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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 $187,892
Program Service Revenue $1,260
Investment Income $3,284
Other Revenue $0
TOTAL REVENUE $192,436

Expense Breakdown

Grants Paid $7,000
Salaries & Benefits $78,347
Fundraising Expenses $9,647
Program Expenses $14,120
Other Expenses $34,629
TOTAL EXPENSES $119,976

Year-over-Year Comparison

2024 2023 Change
Revenue $192,436 $266,639 -0.3%
Expenses $119,976 $99,423 +0.2%
Net Income $72,460 $167,216 -0.6%
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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Governance

Voting Members
11
Independent Members
11
Employees
2
Volunteers
10

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
1
$72,100
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NATHANIEL ABRAMS PRESIDENT/DIRECTOR 10.00
Director
$0 $0 $0
DOUGLAS SHIERLING VICE PRESIDENT/DIRECTOR 10.00
Director
$0 $0 $0
BRIANA BUTLER DIRECTOR 10.00
Director
$0 $0 $0
MELVIN HUGANS DIRECTOR 10.00
Director
$0 $0 $0
HARRY JONES DIRECTOR 10.00
Director
$0 $0 $0
WILLIE ALLEN SECRETARY/DIRECTOR 10.00
Director
$0 $0 $0
KAREN HAMRICK TREASURER/DIRECTOR 10.00
Director
$0 $0 $0
SHARON EDWARDS DIRECTOR 10.00
Director
$0 $0 $0
ANDRE MARRIA DIRECTOR 10.00
Director
$0 $0 $0
LEE WAGNER DIRECTOR 10.00
Director
$0 $0 $0
ISRAEL D BLAKE DIRECTOR 10.00
Director
$0 $0 $0
DESHAY WILLIAMS EXECUTIVE DIRECTOR 40.00
Officer
$72,100 $0 $72,100
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 $192,436 $119,976 $293,104 $72,460
2023 $266,639 $99,423 $220,837 $167,216
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