Sparta Education Foundation
- Assets
- $795.4k
- Revenue
- $95.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Sparta, MI
- Founding
- 08/1992
- Data as of
- 06/2022
- EIN
- 38-3012934
Organization Overview
Sparta Education Foundation is located in Sparta, MI. The organization was established in 1992. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sparta Education Foundation 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, Sparta Education Foundation generated $95.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $52.2k during the year ending 06/2022. While expenses have increased by 7.4% 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
SUPPORT THE SPARTA AREA SCHOOLS AND SCHOOL PROGRAMS BY PROVIDING GRANTS AND SCHOLARSHIPS
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS AWARDED TO OUTGOING SPARTA HIGH SCHOOL SENIORS
PURCHASE MUSICAL INSTRUMENTS FOR APPLEVIEW SCHOOL FOR STUDENTS
PURCHASE THERAPY DOG AND ACCOMPANING SUPPLIES FOR HANDLER
ALL OTHER GRANTS FOR STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Anderson President | Officer | 2 | $0 |
Sue Blackall Secretary | Officer | 2 | $0 |
Ron Hoover Treasurer | Officer | 2 | $0 |
Sue Knauf Vice President | Officer | 2 | $0 |
Michelle Alster Trustee | Trustee | 2 | $0 |
Jennifer Baldini Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $8,576 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $81,600 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $90,176 |
| Total Program Service Revenue | $0 |
| Investment income | $5,770 |
| 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 | $95,946 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $24,108 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,288 |
| Fees for services: Other | $9,477 |
| Advertising and promotion | $1,526 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $52,150 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,912 |
| Savings and temporary cash investments | $786,480 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $795,392 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $40,100 |
| 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 | $40,100 |
| Net assets without donor restrictions | $0 |
| 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 | $755,292 |
| Total liabilities and net assets/fund balances | $795,392 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sparta Education Foundation has recieved totaling $289.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $289 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indianapolis Center For Congregations Inc Indianapolis, IN | $32,027,513 | $626,552 |
Keycorp Empl Beneficiary Assoc Tr For Post-Retirement Medical Bene Brooklyn, OH | $26,681,464 | $4,575,931 |
American Dairy Association Mideast Columbus, OH | $3,095,778 | $5,413,695 |
Maryhill Manor Inc Niagara, WI | $3,813,579 | $4,581,573 |
Lakeview Temple Inc Indianapolis, IN | $11,968,336 | $5,459,594 |
Guiding Light Mission Inc Grand Rapids, MI | $5,495,648 | $6,134,188 |
Time Of Grace Ministry Milwaukee, WI | $2,034,999 | $5,176,400 |
Dominican Sisters Corp St Ann Rest Home Milwaukee, WI | $0 | $3,927,255 |
Christian Law Association Mason, OH | $71,651 | $2,937,777 |
Silver Birch Ranch Inc White Lake, WI | $4,892,959 | $3,186,747 |
Ohio Valley Teen Challenge Inc Youngstown, OH | $3,551,177 | $3,239,879 |
The Biologos Foundation Inc Grand Rapids, MI | $3,556,989 | $1,728,773 |