South Park Area Redevelopment Committee

Organization Overview

South Park Area Redevelopment Committee, operating under the name Sparc, is located in Seattle, WA. The organization was established in 1975. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. As of 12/2022, Sparc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sparc 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 12/2022, Sparc generated $457.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $518.0k during the year ending 12/2022. While expenses have increased by 8.5% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

IN ADDITION TO PROMOTING REVITALIZATION IN SOUTH PARK, SPARC MANAGES THE SOUTH PARK NEIGHBORHOOD CENTER. THE SPNC PROVIDES OFFICE AND MEETING SPACE FOR OTHER NONPROFITS TO DO GOOD WORKS

Describe the Organization's Program Activity:

Part 3 - Line 4a

DUWAMISH VALLEY YOUTH CORPS: PROVIDES WORK OPPORTUNITY FOR 48 AT RISK TEENS. PARTICIPANTS LEARN LIFE/WORK/SOCIAL SKILLS THROUGH TARGETED LESSONS, COMPUTER TRAINING & REAL LIFE EXPERIENCE. FOCUS IS ON PUBLIC SERVICE AND IMPROVED PHYSICAL ENVIRONMENT.


ALL OTHERS: SPARTS & SPNA


SPARC: MANAGEMENT OF THE SOUTH PARK NEIGHBORHOOD CENTER, PROVIDING OFFICE AND MEETING SPACE FOR OVER 12 NONPROFIT ORGANIZATIONS. FISCAL SPONSOR FOR 6 NONPROFIT ORGANIZATIONS.


DUWAMISH ROWING CLUB: A CLUB WORKING TO BRING THE SPORT OF ROWING TO THE RESIDENTS OF SOUTH PARK, GEORGETOWN, WHITE CENTER AND HIGHLAND PARK


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Board, Officers & Key Employees

Name (title)Compensation
Meredith Hall
President
$0
Anna Marti
Treasurer
$0
William Pease
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $10,000
All other contributions, gifts, grants, and similar amounts not included above$56,946
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$66,946
Total Program Service Revenue$390,545
Investment income $2
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 $457,493

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