College Spark Washington
- Assets
- $104.7m
- Revenue
- $3.2m
- Investments
- $101.0m
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 11/1983
- Data as of
- 09/2022
- EIN
- 91-1215725
Organization Overview
College Spark Washington is located in Seattle, WA. The organization was established in 1983. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. College Spark Washington 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 09/2022, College Spark Washington generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $5.1m during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, College Spark Washington has awarded 238 individual grants totaling $18,920,307. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Warren Brown Executive Director | 40 | $273,734 | |
Kris Lambright Chief Financial Officer | 20 | $94,353 | |
Joseph Accuardi-Gilliam Trustee | 2 | $0 | |
Amy Anderson Trustee | 2 | $0 | |
Allison Bromley From 1222 Trustee | 2 | $0 | |
Anthony Craig Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Robert Watrus | 9/29/23 | $60,000 |
The Berc Group | 9/29/23 | $153,000 |
Tiedemann Advisors Llc | 9/29/23 | $303,577 |
Clark Nuber Ps | 9/29/23 | $54,260 |
Asb Allegiance Real Estate Fund Lp | 9/29/23 | $53,819 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,982 |
| Dividends & Interest | $3,097,977 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $129,060 |
| Capital Gain Net Income | $824,605 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,230,019 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $345,796 |
| Other employee salaries and wages | $500,376 |
| Pension plans, employee benefits | $187,430 |
| Interest | $0 |
| Taxes | $99,824 |
| Depreciation | $0 |
| Occupancy | $101,326 |
| Travel, conferences, and meetings | $18,267 |
| Printing and publications | $248 |
| Other expenses | $85,143 |
| Total operating and administrative expenses | $2,066,694 |
| Contributions, gifts, grants paid | $3,066,074 |
| Total expenses and disbursements | $5,132,768 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $547,675 |
| Savings and temporary cash investments | $3,129,717 |
| Net Accounts receivable | $200 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $45,633 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $25,780,539 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,248 |
| Total assets | $104,693,147 |
| Accounts payable and accrued expenses | $278,362 |
| Grants payable | $134,801 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $413,163 |
Grants Awarded
Over the last fiscal year, College Spark Washington has awarded $3,557,471 in support to 54 organizations.
| Grant Recipient | Amount |
|---|---|
TEAMCHILD (SOUTH KING COUNTY DISCIPLINE COALITION) PURPOSE: EEF2038 SOUTH KING COUNTY DISCIPLINE COALITION TEAMCHILD GENERAL OPERATING EXPENSES | $80,000 |
WASHINGTON STATE UNIVERSITY PURPOSE: EEF2111 DIVERSIFYING LEADERSHIP PATHWAYS | $138,170 |
TREEHOUSE PURPOSE: EEF2110 EDUCATIONAL ADVOCACY COMMUNITY RESOURCE PROJECT | $90,000 |
ONEAMERICA PURPOSE: EEF2114 BUILDING A PIPELINE FOR MULTIRACIAL SCHOOL BOARD LEADERSHIP | $150,000 |
WASHINGTON ETHNIC STUDIES NOW PURPOSE: EEF2116 ETHNIC STUDIES CURRICULUM AND RESOURCE PROJECT | $90,000 |
COMMUNITIES IN SCHOOLS OF BENTON-FRANKLIN PURPOSE: EEF2121 AMPLIFYING COMMUNITY VOICE FOR SYSTEMS CHANGE | $60,000 |