Spark Preschool is located in Westerville, OH. The organization was established in 2013. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2022, Spark Preschool employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spark Preschool 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 06/2022, Spark Preschool generated $491.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $394.8k during the year ending 06/2022. While expenses have increased by 13.6% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A CHRISTIAN-BASED EDUCATION FOR 3-5 YEAR OLDS OVER A DEFINED SCHOOL YEAR. THE SCHOOL YEAR STARTS IN SEPTEMBER AND RUNS THROUGH MAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENSES INCURRED TO OPERATE PRESCHOOL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Amy L Pressler Administrator | OfficerTrustee | 38 | $61,472 |
Linda L Cochran Administrator | OfficerTrustee | 38 | $61,371 |
Timothy A Pressler Trustee | Trustee | 1 | $0 |
Troy Cochran Trustee | Trustee | 1 | $0 |
Beth Lanning Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $111,352 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $111,352 |
Total Program Service Revenue | $378,868 |
Investment income | $782 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $491,002 |
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. | $122,843 |
Compensation of current officers, directors, key employees. | $92,107 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $196,338 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $29,370 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,495 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $34 |
Advertising and promotion | $0 |
Office expenses | $23,443 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $6,522 |
Travel | $0 |
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 | $345 |
Insurance | $2,966 |
All other expenses | $2,022 |
Total functional expenses | $394,810 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $218,374 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
Net Land, buildings, and equipment | $3,540 |
Investments—publicly traded securities | $37,346 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $259,260 |
Accounts payable and accrued expenses | $4,012 |
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 | $4,012 |
Net assets without donor restrictions | $255,248 |
Net assets with donor restrictions | $0 |
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 | $259,260 |
Over the last fiscal year, we have identified 1 grants that Spark Preschool has recieved totaling $54.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $54 |
Organization Name | Assets | Revenue |
---|---|---|
Grand Rapids Christian Schools Grand Rapids, MI | $65,671,277 | $35,710,692 |
Pathway Inc Toledo, OH | $1,947,954 | $15,676,190 |
New St Paul Tabernacle Church Of God In Christ Head Start Agency Detroit, MI | $2,136,848 | $14,428,014 |
Leonard And Susan Fuchs Mizrachi School Beachwood, OH | $63,214,368 | $13,451,315 |
Child Care Resource Center Of Cuyahoga County Cleveland, OH | $5,221,997 | $11,522,146 |
Kipp Philadelphia Charter School Philadelphia, PA | $30,756,682 | $16,805,323 |
Chester Charter Scholars Academy Chester, PA | $12,106,141 | $12,761,901 |
First Start Partnerships For Children And Families Inc Chambersburg, PA | $1,240,944 | $9,208,850 |
Morris And Rose Caskey Torah Academy Of Greater Philadelphia Wynnewood, PA | $19,605,172 | $11,408,583 |
Cincinnati Preschool Program Cincinnati, OH | $3,699,695 | $7,358,801 |
Baraga Houghton Keweenaw Child Development Board Inc Houghton, MI | $2,508,419 | $6,917,101 |
West Side Montessori Toledo, OH | $13,475,225 | $7,904,337 |