Spark Foundation
- Assets
- $1.1m
- Revenue
- $32.2k
- Investments
- $1.1m
- Employees
- 0
- Location
- Driggs, ID
- Founding
- 02/2015
- Data as of
- 12/2022
- EIN
- 46-5414973
Organization Overview
Spark Foundation is located in Driggs, ID. The organization was established in 2015. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spark 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 12/2022, Spark Foundation generated $32.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.7% each year . All expenses for the organization totaled $80.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Spark Foundation has awarded 17 individual grants totaling $244,888. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOP, COORDINATE, AND SUPPORT EFFORTS TO ENHANCE ENVIRONMENTAL AND OUTDOOR EDUCATION, AND FOR THE PROMOTION OF SOCIAL WELFARE TO COMBAT COMMUNITY DETERIORATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Pugh Board Chair | 0.5 | $0 | |
Justin Bowersock Vice President | 0.5 | $0 | |
Peter Boogaard Treasurer | 0.5 | $0 | |
Rose Hendricks Secretary | 0.5 | $0 | |
Susie Work Board Member | 0.5 | $0 | |
Zach Smith Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1 |
| Dividends & Interest | $27,707 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,471 |
| Capital Gain Net Income | $4,471 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $32,179 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,548 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $13,833 |
| Contributions, gifts, grants paid | $67,100 |
| Total expenses and disbursements | $80,933 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,097 |
| Savings and temporary cash investments | $18,624 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,090,114 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,115,835 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Spark Foundation has awarded $67,100 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY FOUNDATION OF TETON VALLEY PURPOSE: TIN CUP CHALLENGE | $16,000 |
EDUCATION FOUNDATION OF TETON VALLEY PURPOSE: EDUCATION FOUNDATION COLLABORATIVE EARLY CHILDHOOD | $5,000 |
COMMUNITY FOUNDATION OF TETON VALLEY PURPOSE: COMMUNITY FOUNDATION | $46,100 |