Sparc Inc
- Assets
- $560.9k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 8
- Location
- Yorktown Heights, NY
- Founding
- 12/1995
- Data as of
- 12/2021
- EIN
- 13-3832725
Organization Overview
Sparc Inc is located in Yorktown Heights, NY. The organization was established in 1995. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 12/2021, Sparc Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sparc Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Sparc Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $878.2k during the year ending 12/2021. While expenses have increased by 1.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SOCIAL, RECREATIONAL AND THERAPEUTIC SERVICES FOR INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES OVER 75 PROGRAMS WEEKLY TO OVER 1000 INDIVIDUALS EACH YEAR IN THE WESTCHESTER COUNTY AREA. SERVICES INCLUDE A WIDE VARIETY OF COMMUNITY BASED PROGRAMS FACILITATING INDEPENDENCE, FUNCTIONAL, BEHAVIORAL, AND LIFE SKILLS. PROVIDES DIAGNOSTIC/ASSESSMENT SERVICES, CONSULTATION, TRAINING, EDUCATION AND SUPPORT TO CAREGIVERS, STUDENTS AND FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Macias-Torres Executive Dir. | Officer | 40 | $120,500 |
Roger Campos President | Trustee | 1 | $0 |
Sanford Proner Vice President | Trustee | 1 | $0 |
Carol Foy Director | Trustee | 1 | $0 |
Eileen Prizeman Secretary | Trustee | 1 | $0 |
Linda Sampson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $901,421 |
| All other contributions, gifts, grants, and similar amounts not included above | $70,219 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $971,640 |
| Total Program Service Revenue | $279,150 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $4,384 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $14,357 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,269,531 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $120,500 |
| Compensation of current officers, directors, key employees. | $21,341 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $282,963 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $20,702 |
| Payroll taxes | $34,350 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $91,395 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,887 |
| Advertising and promotion | $0 |
| Office expenses | $16,696 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $42,446 |
| Travel | $6,599 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,774 |
| Insurance | $20,476 |
| All other expenses | $1,845 |
| Total functional expenses | $878,152 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $237,308 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $34,498 |
| Accounts receivable, net | $166,710 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,412 |
| Net Land, buildings, and equipment | $2,958 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $115,013 |
| Total assets | $560,899 |
| Accounts payable and accrued expenses | $55,868 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $55,868 |
| Net assets without donor restrictions | $443,133 |
| Net assets with donor restrictions | $61,898 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $560,899 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sparc Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Silverberg Family Foundation Inc Port Washington, NY PURPOSE: EDUCATION | $25,000 |
Endowment Analysis
| Beg. Balance | $105,645 |
| Earnings | $4,609 |
| Admin Expense | $341 |
| Ending Balance | $109,913 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Open Sky Community Services Inc Worcester, MA | $49,353,222 | $95,640,760 |
Center For Family Services Inc Camden, NJ | $47,141,556 | $95,147,617 |
Bronx Parent Housing Network Inc Bronx, NY | $36,981,186 | $84,449,036 |
Senior Health Properties-South Inc Bala Cynwyd, PA | $22,024,850 | $74,814,140 |
Toward Independent Living & Learning Inc Dedham, MA | $105,262,723 | $73,578,332 |
The Bridge Inc New York, NY | $39,348,732 | $57,559,803 |
Ability Beyond Disability Inc Bethel, CT | $36,674,739 | $52,693,685 |
Citizen Advocates Inc Malone, NY | $27,154,352 | $47,844,425 |
Continuum Of Care Inc New Haven, CT | $19,340,756 | $52,456,759 |
Jawonio Inc New City, NY | $45,101,853 | $45,626,177 |
Greatcare Inc New York, NY | $4,284,136 | $43,084,551 |
Yedei Chesed Inc Chestnut Ridge, NY | $23,307,240 | $44,946,201 |