Civic Intelligence

Ann Arbor Spark

990 • Fiscal year 2012 • EIN 38-2436899

Jan 01, 2012 to Dec 31, 2012 • Filed on May 28, 2013

201 S Division St Suite 430Room/Suite 43048104
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

13th percentile

0.06x

Higher debt load relative to assets than 13% of similar nonprofits.

2012 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

37th percentile

1.7%

Faster asset growth than 37% of similar nonprofits.

2012 filings • 501(c)6 • $10M-$25M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$19,071,666

Up $311,565 (+1.7%) from 2011

Net Assets

Up

$17,869,989

Up $1,408,818 (+8.6%) from 2011

Liabilities

Down

$1,201,677

Down $1,097,253 (-48%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$4,502,573

Up $1,273,119 (+39%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2010: $15,633,201Liabilities 2010: $766,299Net Assets 2010: $14,866,9022010Assets 2011: $18,760,101Liabilities 2011: $2,298,930Net Assets 2011: $16,461,1712011Assets 2012: $19,071,666Liabilities 2012: $1,201,677Net Assets 2012: $17,869,9892012Assets 2013: $21,049,825Liabilities 2013: $1,178,740Net Assets 2013: $19,871,0852013Assets 2014: $19,756,421Liabilities 2014: $342,592Net Assets 2014: $19,413,8292014Assets 2015: $15,745,733Liabilities 2015: $508,909Net Assets 2015: $15,236,8242015Assets 2016: $13,911,785Liabilities 2016: $679,490Net Assets 2016: $13,232,2952016Assets 2017: $12,949,911Liabilities 2017: $963,930Net Assets 2017: $11,985,9812017Assets 2018: $13,710,766Liabilities 2018: $1,302,074Net Assets 2018: $12,408,6922018Assets 2019: $13,747,838Liabilities 2019: $858,573Net Assets 2019: $12,889,2652019Assets 2020: $16,521,548Liabilities 2020: $759,203Net Assets 2020: $15,762,3452020Assets 2021: $15,665,812Liabilities 2021: $638,225Net Assets 2021: $15,027,5872021Assets 2022: $16,558,054Liabilities 2022: $2,596,111Net Assets 2022: $13,961,9432022Assets 2023: $13,599,567Liabilities 2023: $1,679,419Net Assets 2023: $11,920,1482023Assets 2024: $19,044,143Liabilities 2024: $5,627,948Net Assets 2024: $13,416,1952024

Highlighted filing

2012

Assets$19,071,666
Liabilities$1,201,677
Net Assets$17,869,989

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0-$10MExpenses 2010: $3,493,2002010Expenses 2011: $3,229,4542011Expenses 2012: $4,502,5732012Revenue 2013: $9,493,800Expenses 2013: $4,908,560Net Income 2013: $4,585,2402013Revenue 2014: $6,191,772Expenses 2014: $4,997,458Net Income 2014: $1,194,3142014Revenue 2015: $2,852,868Expenses 2015: $5,233,376Net Income 2015: -$2,380,5082015Revenue 2016: $3,547,755Expenses 2016: $5,626,230Net Income 2016: -$2,078,4752016Revenue 2017: $6,065,650Expenses 2017: $6,654,361Net Income 2017: -$588,7112017Revenue 2018: $5,891,018Expenses 2018: $6,517,754Net Income 2018: -$626,7362018Revenue 2019: $7,136,038Expenses 2019: $7,987,774Net Income 2019: -$851,7362019Revenue 2020: $20,798,132Expenses 2020: $18,797,874Net Income 2020: $2,000,2582020Revenue 2021: $11,784,140Expenses 2021: $13,583,079Net Income 2021: -$1,798,9392021Revenue 2022: $9,443,903Expenses 2022: $10,507,768Net Income 2022: -$1,063,8652022Revenue 2023: $8,451,260Expenses 2023: $9,490,354Net Income 2023: -$1,039,0942023Revenue 2024: $12,807,921Expenses 2024: $11,301,566Net Income 2024: $1,506,3552024

Highlighted filing

2012

Revenue-
Expenses$4,502,573
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
May 28, 2013
Return Version
2012v2.1
Gross Receipts
$11,328,717
Mission and Program Overview

Mission

Ann arbor spark advances the region by encouraging and supporting business acceleration, attraction, expansion and retention. Our organization identifies and meets the needs of companies at every stage, from start-ups to large organizations. Ann arbor spark collaborates with business, academic, government and community investment partners to position the region as a destination for innovation.

Major Activities

Activity 2
The business expansion & attraction team collaborates with its economic development partners to provide targeted incentives and support for innovation-based businesses. Spark provides services to help with business retention, expansion and attraction to the ann arbor region. See above.
Activity 3
Spark central incubator located in downtown ann arbor offers an ideal location for launching, developing and growing your innovation-based company. Affordable office and meeting space, administrative support services and advanced communications technology. You'll also have access to mentoring, networking and educational events. Spark east business incubator located in ypsilanti, michigan, offers professional, staffed office facilities equipped with the latest technology without all the costly overhead expenses. Spark east also offers networking and educational events. And because the incubator is part of the new eastside innovation campus, tenants have access to an amazing array of business development centers, consulting expertise and educational programs. All concentrated within a two block area of downtown ypsilanti. See above.
Filing and Contact Details

Filer

EIN
38-2436899
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IRS990/Activity2/Description0THE BUSINESS EXPANSION & ATTRACTION TEAM COLLABORATES WITH ITS ECONOMIC DEVELOPMENT PARTNERS TO PROVIDE TARGETED INCENTIVES AND SUPPORT FOR INNOVATION-BASED BUSINESSES. SPARK PROVIDES SERVICES TO HELP WITH BUSINESS RETENTION, EXPANSION AND ATTRACTION TO THE ANN ARBOR REGION. SEE ABOVE.
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IRS990/Activity3/Description0SPARK CENTRAL INCUBATOR LOCATED IN DOWNTOWN ANN ARBOR OFFERS AN IDEAL LOCATION FOR LAUNCHING, DEVELOPING AND GROWING YOUR INNOVATION-BASED COMPANY. AFFORDABLE OFFICE AND MEETING SPACE, ADMINISTRATIVE SUPPORT SERVICES AND ADVANCED COMMUNICATIONS TECHNOLOGY. YOU'LL ALSO HAVE ACCESS TO MENTORING, NETWORKING AND EDUCATIONAL EVENTS. SPARK EAST BUSINESS INCUBATOR LOCATED IN YPSILANTI, MICHIGAN, OFFERS PROFESSIONAL, STAFFED OFFICE FACILITIES EQUIPPED WITH THE LATEST TECHNOLOGY WITHOUT ALL THE COSTLY OVERHEAD EXPENSES. SPARK EAST ALSO OFFERS NETWORKING AND EDUCATIONAL EVENTS. AND BECAUSE THE INCUBATOR IS PART OF THE NEW EASTSIDE INNOVATION CAMPUS, TENANTS HAVE ACCESS TO AN AMAZING ARRAY OF BUSINESS DEVELOPMENT CENTERS, CONSULTING EXPERTISE AND EDUCATIONAL PROGRAMS. ALL CONCENTRATED WITHIN A TWO BLOCK AREA OF DOWNTOWN YPSILANTI. SEE ABOVE.
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IRS990/Occupancy/ManagementAndGeneral045090
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IRS990/Occupancy/Total0409905
IRS990/OfficeExpenses/Fundraising03916
IRS990/OfficeExpenses/ManagementAndGeneral013703
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IRS990/OtherExpenses/Description0MISC
IRS990/OtherExpenses/Description1TAXES
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IRS990/ProgramServiceRevenue/Description1LDFA REVENUE
IRS990/ProgramServiceRevenue/Description2MUNICIPAL SERVICE REVENUE
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IRS990/ReconciliationUnrealizedInvest0-4144739
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IRS990/RelatedOrgControlledEntity0true
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IRS990/ReportInvestOthSecurities0false
IRS990/ReportLandBldgEquip0true
IRS990/ReportOtherAssets0false
IRS990/ReportOtherLiabilities0false
IRS990/ReportProgRelInvest0true
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IRS990/SavingsAndTempCashInvestments/EOY01902424
IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED
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IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine20RESTRICTED
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IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
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IRS990/ScheduleBRequired0true
IRS990ScheduleD/DonatedServicesUseOfFacilities0126931
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IRS990ScheduleD/Equipment/BookValue064340
IRS990ScheduleD/Equipment/Depreciation0292478
IRS990ScheduleD/Equipment/OtherCostOrOtherBasis0356818
IRS990ScheduleD/ExpensesNotRptdF9900126931
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IRS990ScheduleD/InvestmentsProgramRelated/BookValue014479734
IRS990ScheduleD/InvestmentsProgramRelated/BookValue12132087
IRS990ScheduleD/InvestmentsProgramRelated/Description0MICHIGAN PRE-SEED CAPITAL FUND
IRS990ScheduleD/InvestmentsProgramRelated/Description1MICRO LOANS
IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation0F
IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation1F
IRS990ScheduleD/LeaseholdImprovements/BookValue02078

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$19.0$5.63$13.4$12.8$11.3$1.51
2023Detailed filing. Detailed filing data is available for this year.$13.6$1.68$11.9$8.45$9.49$1.04
2022Detailed filing. Detailed filing data is available for this year.$16.6$2.60$14.0$9.44$10.5$1.06
2021Detailed filing. Detailed filing data is available for this year.$15.7$0.64$15.0$11.8$13.6$1.80
2020Detailed filing. Detailed filing data is available for this year.$16.5$0.76$15.8$20.8$18.8$2.00
2019Detailed filing. Detailed filing data is available for this year.$13.7$0.86$12.9$7.14$7.99$0.85
2018Detailed filing. Detailed filing data is available for this year.$13.7$1.30$12.4$5.89$6.52$0.63
2017Detailed filing. Detailed filing data is available for this year.$12.9$0.96$12.0$6.07$6.65$0.59
2016Detailed filing. Detailed filing data is available for this year.$13.9$0.68$13.2$3.55$5.63$2.08
2015Detailed filing. Detailed filing data is available for this year.$15.7$0.51$15.2$2.85$5.23$2.38
2014Detailed filing. Detailed filing data is available for this year.$19.8$0.34$19.4$6.19$5.00$1.19
2013Detailed filing. Detailed filing data is available for this year.$21.0$1.18$19.9$9.49$4.91$4.59
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.1$1.20$17.9$4.50
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.8$2.30$16.5$3.23
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.6$0.77$14.9$3.49