RALEIGH, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SPARKNC, founded in 2022, is a community nonprofit in the Education sector that reported $3.0M in total revenue in fiscal year 2023. The organization ran a surplus of $2.9M, a strong 97% operating margin.
SPARKNC EMPOWERS STUDENTS TO DISCOVER CAREERS IN HIGH-TECH FIELDS LIKE CYBERSECURITY, ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING, SOFTWARE DEVELOPMENT AND COMPUTER SYSTEMS ENGINEERING. WE HELP SCHOOLS MOVE AWAY FROM TRADITIONAL CLASSES AND RIGID SCHEDULES. INSTEAD, STUDENTS CHOOSE WHAT, WHERE AND HOW THEY LEARN. EDUCATORS HAVE FLEXIBILITY TO USE INNOVATIVE STRATEGIES TO DELIVER INSTRUCTION IN ENGAGING WAYS TO STUDENTS ACROSS THE STATE.
SPARKNC EMPOWERS STUDENTS TO DISCOVER CAREERS IN HIGH-TECH FIELDS LIKE ARTIFICIAL INTELLIGENCE, SOFTWARE DEVELOPMENT, COMPUTER SYSTEMS ENGINEERING, AND CYBERSECURITY. SPARKNC HAS ESTABLISHED 18...
SPARKNC EMPOWERS STUDENTS TO DISCOVER CAREERS IN HIGH-TECH FIELDS LIKE ARTIFICIAL INTELLIGENCE, SOFTWARE DEVELOPMENT, COMPUTER SYSTEMS ENGINEERING, AND CYBERSECURITY. SPARKNC HAS ESTABLISHED 18 SPARKLABS ACROSS NORTH CAROLINA, EQUIPPED WITH FURNITURE AND EQUIPMENT, A SPARKLAB LEADER, AND A LEARNING PLATFORM FOR STUDENTS TO ACCESS CONTENT AND TRACK PROGRESS. SPARKLABS OFFER VARIOUS TYPES OF LEARNING EXPERIENCES, INCLUDING ON-DEMAND, LIVE-INTERDISTRICT, AND EXPERIENTIAL OPTIONS, WHICH CAN BE STACKED TOWARD ELECTIVE CREDIT. THESE MODERN, COLLABORATIVE SPACES PROVIDE STUDENTS WITH ACCESS TO COMPETENCY-BASED, INDUSTRY-ALIGNED, MODULAR LEARNING EXPERIENCES FOCUSED ON HIGH-WAGE, SOCIALLY IMPACTFUL CAREERS IN HIGH-TECH FIELDS. APPROXIMATELY 2,401 STUDENTS HAVE ENGAGED IN SPARKNC'S LEARNING PLATFORM SINCE AUGUST 2023, DEMONSTRATING THE REACH OF THIS INITIAL PROGRAM SERVICE ACCOMPLISHMENT.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $3,010,000 | N/A | N/A |
| Expenses | $99,917 | N/A | N/A |
| Net Income | $2,910,083 | $0 | N/A |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DR RANDY BRIDGES | CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| DR BILL HARRISON | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| DR JIM MERRILL | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ALLEN MASK | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| DR DERWIN WARREN | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| JENNIFER BELL | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $3,010,000 | $99,917 | $2,917,622 | $2,910,083 |
| 2024 | No data | No data | No data | No data |
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