Sparc Endowment Fund Inc

Organization Overview

Sparc Endowment Fund Inc is located in Springfield, IL. The organization was established in 1991. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sparc Endowment Fund Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO RECEIVE/MAINTAIN FUNDS OF REAL OR PERSONAL PROPERTY AND APPLY THE INCOME THEREFROM TO SUPPORT PROGRAMS OF SPARC TO IMPROVE THE GENERAL WELFARE OF PERSONS WITH DEVELOPMENTAL DISABILITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO RECEIVE/MAINTAIN FUNDS OF REAL OR PERSONAL PROPERTY AND APPLY THE INCOME THEREFROM TO SUPPORT PROGRAMS OF SPARC TO IMPROVE THE GENERAL WELFARE OF PERSONS WITH DEVELOPMENTAL DISABILITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Jim Bremhorst
Chair
$0
Dennis Ryan
Treasurer
$0
David Ed
Board Member
$0
Mary Trask
Board Member
$0
Steve Nardulli
Board Member
$0
Jim Bremhorst
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$7,562
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$7,562
Total Program Service Revenue$0
Investment income $39,547
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $5,009
Net Gain/Loss on Asset Sales -$311,412
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue -$254,294

Grants Awarded

Over the last fiscal year, Sparc Endowment Fund Inc has awarded $1,106,108 in support to 2 organizations.

Grant RecipientAmount

SPARC

PURPOSE: TO FUND THE SERVICES OF SPARC

$0

SPARC

PURPOSE: TO FUND THE SERVICES OF SPARC

$1,106,108
View Grant Profile

Peer Organizations

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