Friends Of Sparsh Inc
- Assets
- $317.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ellicott City, MD
- Founding
- 12/2018
- Data as of
- 12/2023
- EIN
- 83-2446938
Organization Overview
Friends Of Sparsh Inc is located in Ellicott City, MD. The organization was established in 2018. According to its NTEE Classification (P85) the organization is classified as: Homeless 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. Friends Of Sparsh Inc 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 12/2023, Friends Of Sparsh Inc generated $121.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 21.3% each year . All expenses for the organization totaled $26.5k during the year ending 12/2023. While expenses have increased by 9.2% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
FRIENDS OF SPARSH WAS ABLE TO HOST SEVERAL EVENTS IN PURSUIT OF THE MISSION IN 2020 INCLUDING A HOLIDAY EVENT AT PROJECT PLASE, INC. A SHELTER IN BALTIMORE. THIS FURTHERED THE GOAL OF SUPPORTING LOCAL FAMILIES WITH THE PHYSICAL NEEDS AND SUPPORT NECESSARY TO TRANSITION FROM A SHELTER TO A STABLE LIVING ARRANGEMENT.
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 |
|---|---|---|---|
Prince Basnyat Director | 0 | $0 | |
Prakash Saraf Founder | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $111,835 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $9,938 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $121,773 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $26,454 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $26,454 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $317,836 |
| Other assets | $0 |
| Total assets | $317,836 |
| Total liabilities | $0 |
| Net assets or fund balances | $317,836 |