Spark Photonics Foundation Inc is located in Waltham, MA. The organization was established in 2019. According to its NTEE Classification (U40) the organization is classified as: Engineering & Technology, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spark Photonics Foundation 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, Spark Photonics Foundation Inc generated $80.6k in total revenue. All expenses for the organization totaled $57.8k during the year ending 12/2021. While expenses have increased by 113.7% 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
PROMOTION OF SCIENTIFIC INNOVATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kevin Mccomber Secretary, Director | 16 | $21,405 | |
Al Kapoor President, Director | 2 | $0 | |
Yi Qian Director | 2 | $0 | |
Marc Hurlbut Treasuer | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $80,611 |
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 | $80,611 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $44,942 |
Professional fees and other payments to independent contractors | $2,614 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $683 |
Other expenses | $9,592 |
Total expenses | $57,831 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $15,337 |
Other assets | $0 |
Total assets | $15,337 |
Total liabilities | $0 |
Net assets or fund balances | $15,337 |
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