Spark Promise
- Assets
- $0.0
- Revenue
- $363.3k
- Investments
- $0.0
- Employees
- 9
- Location
- Danville, CA
- Founding
- Data as of
- 06/2024
- EIN
- 86-1328405
Organization Overview
Spark Promise is located in Danville, CA. According to its NTEE Classification (O53) the organization is classified as: Youth Development - Business, under the broad grouping of Youth Development and related organizations. As of 06/2024, Spark Promise employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spark Promise 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 06/2024, Spark Promise generated $363.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (46.6%) each year. All expenses for the organization totaled $558.0k during the year ending 06/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
SPARK BRIDGES COMMUNITIES AND PROMOTES EQUITY IN OPPORTUNITY TO EMPOWER STUDENTS ON THEIR JOURNEY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPARK CREATES CAREER EXPLORATION AND SELF-DISCOVERY EXPERIENCES, PROVIDING CRITICAL INTERVENTION TO FUEL THE ACADEMIC JOURNEYS OF OUR MIDDLE SCHOOL STUDENTS THROUGH INTERACTIONS WITH WORKING ADULTS. SPARK DISCOVERY LABS INCLUDE HANDS-ON SEL LESSONS, FIELD TRIPS, AND PRESENTATIONS FROM A VARIETY OF CORPORATE PARTNERS AND LOCAL BUSINESSES TO BROADEN STUDENTS' UNDERSTANDING OF VARIOUS INDUSTRIES AND CAREERS. SPARK MENTORSHIPS PAIR 7TH AND 8TH-GRADE STUDENTS WITH VOLUNTEER MENTORS FROM CORPORATE PARTNERS AND LOCAL BUSINESSES. THEY WORK TOGETHER TO CREATE A PROJECT ALIGNED WITH THE STUDENTS' INTEREST AND THEIR MENTORS' SKILLS/EXPERIENCE. GROUPS PRACTICE SOCIAL AND EMOTIONAL SKILLS DURING EACH SESSION AND WORK ON TRANSFERABLE PROJECT SKILLS LIKE NETWORKING, TEAMWORK, TIME MANAGEMENT, AND PROJECT MANAGEMENT. THROUGH MENTORSHIP, STUDENTS ARE EXPOSED TO NEW CAREERS THAT HELP FORMULATE THEIR DREAMS FOR THEIR FUTURES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Davina Drabkin Chair | OfficerTrustee | 2 | $0 |
Leah Turner Jenkins Vice Chair | OfficerTrustee | 1 | $0 |
Kevin Levin Treasurer | OfficerTrustee | 1.5 | $0 |
Jay Pettigrew Secretary | OfficerTrustee | 0.5 | $0 |
Garen Corbett Director | Trustee | 1 | $0 |
Michael Davis Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $91,141 |
| All other contributions, gifts, grants, and similar amounts not included above | $271,808 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $362,949 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $363,316 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $151,815 |
| Compensation of current officers, directors, key employees. | $14,817 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $159,909 |
| Pension plan accruals and contributions | $9,493 |
| Other employee benefits | $26,497 |
| Payroll taxes | $24,754 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,200 |
| Fees for services: Accounting | $31,347 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,985 |
| Advertising and promotion | $0 |
| Office expenses | $12,749 |
| Information technology | $9,080 |
| Royalties | $0 |
| Occupancy | $1,763 |
| Travel | $8,543 |
| 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 | $0 |
| Insurance | $9,561 |
| All other expenses | $0 |
| Total functional expenses | $557,979 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $0 |