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 12/2021, Friends Of Sparsh Inc generated $138.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 43.9% each year . All expenses for the organization totaled $47.0k during the year ending 12/2021. While expenses have increased by 40.3% per year over the past 3 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
2021
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.
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.
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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Selvakumar Buvanendaran Treasurer | 0 | $0 | |
Prince Basnyat Director | 0 | $0 | |
Prakash Saraf Founder | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $138,014 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $138,014 |
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 | $35,188 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $11,829 |
Total expenses | $47,017 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $180,697 |
Other assets | $0 |
Total assets | $180,697 |
Total liabilities | $0 |
Net assets or fund balances | $180,697 |
Over the last fiscal year, we have identified 3 grants that Friends Of Sparsh Inc has recieved totaling $32,244.
Awarding Organization | Amount |
---|---|
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $20,372 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $11,372 |
Verizon Foundation Basking Ridge, NJ PURPOSE: MIP PAYOUT FOR 02/03/21 | $500 |
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West Virginia Coalition To End Homelessness Inc Bridgeport, WV | $2,317,658 | $6,094,283 |
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Three Oaks Homeless Shelter Inc Lexington Park, MD | $3,850,234 | $5,125,353 |
Union Mission Ministries Inc Charleston, WV | $7,251,175 | $4,298,913 |