Operation Spark
- Assets
- $2.8m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 24
- Location
- New Orleans, LA
- Founding
- 08/2014
- Data as of
- 10/2023
- EIN
- 47-1514606
Organization Overview
Operation Spark is located in New Orleans, LA. The organization was established in 2014. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 10/2023, Operation Spark employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Operation Spark 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 10/2023, Operation Spark generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 26.6% each year . All expenses for the organization totaled $2.7m during the year ending 10/2023. While expenses have increased by 30.6% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION SPARK IS OPENING A NEW DOOR TO PROSPERITY FOR LOW-OPPORTUNITY INDIVIDUALS BY PRESENTING THE FASTEST ROUTE TO A CAREER IN SOFTWARE DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADULT - COMPRISED OF BOOTCAMP AND IMMERSION. BOOTCAMP: WE PRESENT LIFE AS A PROFESSIONAL SOFTWARE DEVELOPER IN 5 WEEKS, INTRODUCING STUDENTS TO THE DAILY WORKFLOW OF BUILDING SOFTWARE IN A PROFESSIONAL ENVIRONMENT. BY THE END OF THE CLASS, OUR PARTICIPANTS ARE ON THEIR WAY TO BEING SUPER USERS WITH THE COMMAND-LINE AND LEAVE LITERATE IN THE BASICS OF JAVASCRIPT AFTER BUILDING SEVERAL APPS AND GAMES ON NODE.JS AND HTML5. THEY CAN DEBUG AN APP AND PROBLEM SOLVE ON THE INTERNET AND KNOW WHERE TO FIND RESOURCES TO CONTINUE LEARNING ON THEIR OWN TERMS. THEY ALSO LEARN SOFT SKILLS THAT MAKE THEM A GREAT TEAM PLAYER. IMMERSION: IMMERSION PROGRAM BRINGS STUDENTS TO THE LEVEL OF FULL STACK SOFTWARE ENGINEER AFTER THREE MONTHS OF FOCUSING ON NOTHING BUT WRITING SOFTWARE FOR 11 HOURS A DAY, 6 DAYS A WEEK.
HIGH SCHOOL TO HIGH WAGE: THE HIGH SCHOOL PROGRAM IS AVAILABLE FOR JUNIORS AND SENIORS IN NEW ORLEANS PUBLIC SCHOOLS, BATON ROUGE PUBLIC SCHOOLS AND NEIGHBORING PARISHES. THE PRIMARY GOAL IS TO OFFER LOW INCOME STUDENTS AN ALTERNATIVE PATH TO POST-SECONDARY EDUCATION. PROGRAM RUNS ON A SEMESTER BASIS WITH CLASSES 4 NIGHTS A WEEK.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Fraboni President & CEO | Officer | 40 | $188,248 |
Pamela Steward Dir Prog. Invest. | 40 | $131,915 | |
Harvey Sanders Dir Adult Instruct | 40 | $118,094 | |
Mayukh Raychaudhuri Director - Hs Prog | 40 | $111,964 | |
Kimberly Farrel Director - Finance | 40 | $100,833 | |
Max Gaudin Chairman | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $693,257 |
| All other contributions, gifts, grants, and similar amounts not included above | $968,931 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,662,188 |
| Total Program Service Revenue | $1,121,528 |
| Investment income | $4,094 |
| 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 | $2,797,943 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $21,749 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $206,043 |
| Compensation of current officers, directors, key employees. | $82,417 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,494,950 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $73,791 |
| Payroll taxes | $122,059 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $335,878 |
| Advertising and promotion | $41,413 |
| Office expenses | $6,695 |
| Information technology | $40,496 |
| Royalties | $0 |
| Occupancy | $160,177 |
| Travel | $6,847 |
| 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 | $70,974 |
| Insurance | $10,066 |
| All other expenses | $18,622 |
| Total functional expenses | $2,675,876 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,228,087 |
| Pledges and grants receivable | $480,546 |
| Accounts receivable, net | $397,988 |
| 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 | $14,145 |
| Net Land, buildings, and equipment | $466,003 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $251,805 |
| Total assets | $2,838,574 |
| Accounts payable and accrued expenses | $51,565 |
| Grants payable | $0 |
| Deferred revenue | $70,487 |
| 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 | $245,684 |
| Total liabilities | $367,736 |
| Net assets without donor restrictions | $2,150,388 |
| Net assets with donor restrictions | $320,450 |
| 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 | $2,838,574 |