Civic Intelligence

Ann Arbor Spark Foundation

990 • Fiscal year 2019 • EIN 38-3416745

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 01, 2020

30 East Liberty StAnn Arbor, MI 48104

(734) 761-9317

Siviq Scores

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

Liabilities / Assets

80th percentile

0.13x

Higher debt load relative to assets than 80% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

81st percentile

0.08x

Higher debt load relative to revenue than 81% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

10th percentile

-37%

Higher net margin than 10% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

100th percentile

$572,836

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 186.3% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

9th percentile

-50%

Faster asset growth than 9% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

31st percentile

-13%

Faster revenue growth than 31% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$183,509

Down $181,422 (-50%) from 2018

Net Assets

Down

$160,246

Down $114,089 (-42%) from 2018

Liabilities

Down

$23,263

Down $67,333 (-74%) from 2018

Revenue

Down

$307,500

Down $44,500 (-13%) from 2018

Expenses

Down

$421,589

Down $94,969 (-18%) from 2018

Net Income

Up

-$114,089

Up $50,469 (+31%) from 2018

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $4,264,356Liabilities 2010: $1,334,134Net Assets 2010: $2,930,2222010Assets 2011: $4,148,443Liabilities 2011: $1,715,823Net Assets 2011: $2,432,6202011Assets 2012: $284,685Liabilities 2012: $211,400Net Assets 2012: $73,2852012Assets 2013: $267,400Liabilities 2013: $153,551Net Assets 2013: $113,8492013Assets 2014: $60,140Liabilities 2014: $0Net Assets 2014: $60,1402014Assets 2015: $55,529Liabilities 2015: $523Net Assets 2015: $55,0062015Assets 2016: $128,506Liabilities 2016: $50,794Net Assets 2016: $77,7122016Assets 2017: $438,893Liabilities 2017: $0Net Assets 2017: $438,8932017Assets 2018: $364,931Liabilities 2018: $90,596Net Assets 2018: $274,3352018Assets 2019: $183,509Liabilities 2019: $23,263Net Assets 2019: $160,2462019Assets 2020: $139,187Liabilities 2020: $9,382Net Assets 2020: $129,8052020Assets 2021: $200,706Liabilities 2021: $67,118Net Assets 2021: $133,5882021Assets 2022: $166,236Liabilities 2022: $101,143Net Assets 2022: $65,0932022Assets 2023: $85,905Liabilities 2023: $35,870Net Assets 2023: $50,0352023Assets 2024: $91,440Liabilities 2024: $35,870Net Assets 2024: $55,5702024

Highlighted filing

2019

Assets$183,509
Liabilities$23,263
Net Assets$160,246

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $3,654,0332010Expenses 2011: $2,908,7562011Expenses 2012: $2,311,3332012Revenue 2013: $1,042,466Expenses 2013: $1,001,902Net Income 2013: $40,5642013Revenue 2014: $36,000Expenses 2014: $89,709Net Income 2014: -$53,7092014Revenue 2015: $40,000Expenses 2015: $45,134Net Income 2015: -$5,1342015Revenue 2016: $243,500Expenses 2016: $220,794Net Income 2016: $22,7062016Revenue 2017: $682,000Expenses 2017: $320,819Net Income 2017: $361,1812017Revenue 2018: $352,000Expenses 2018: $516,558Net Income 2018: -$164,5582018Revenue 2019: $307,500Expenses 2019: $421,589Net Income 2019: -$114,0892019Revenue 2020: $1,613,230Expenses 2020: $1,643,671Net Income 2020: -$30,4412020Revenue 2021: $250,150Expenses 2021: $246,367Net Income 2021: $3,7832021Revenue 2022: $206,714Expenses 2022: $275,209Net Income 2022: -$68,4952022Revenue 2023: $204,858Expenses 2023: $219,916Net Income 2023: -$15,0582023Revenue 2024: $182,887Expenses 2024: $177,352Net Income 2024: $5,5352024

Highlighted filing

2019

Revenue$307,500
Expenses$421,589
Net Income-$114,089
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 1, 2020
Return Version
2019v5.0
Gross Receipts
$307,500
Mission and Program Overview

Mission

The ann arbor spark foundation provides funding and support for the activities of ann arbor spark, a not for profit 501(c)6 corporation which advances economic development in the region by encouraging and supporting business acceleration, attraction, expansion and retention.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$206,000--
Cash and Non-Interest-Bearing Accounts$158,931$183,509▲ $24,578
Total Assets$364,931$183,509▼ $181,422
Liabilities
Accounts Payable and Accrued Expenses$90,596$23,263▼ $67,333
Total Liabilities$90,596$23,263▼ $67,333
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$274,335$160,246▼ $114,089
Total Net Assets Fund Balance$274,335$160,246▼ $114,089
Total Liabilities and Net Assets / Fund Balance$364,931$183,509▼ $181,422
Compensation and Service Providers

Employees

NameTitleOtherTotal
Paul KrutkoPresident/ce$572,836$572,836
Elizabeth PerpichDirector of$142,058$142,058

Board Members and Trustees

NameTitle
David ParsigianChair
Cynthia WilbanksPast Chair
Paul KrutkoPresident/CEO
David RuudVice Chair
Bhushan KulkarniBoard Member
Chris TaylorBoard Member
James M Smith PhdBoard Member
Jonathan S NewpolBoard Member
Mark SchlisselBoard Member
Ric DevoreBoard Member
Richard B SheridanBoard Member
Rob CasalouBoard Member
Scott GriffithBoard Member
Trevor LauerBoard Member
Dr Rose BellancaSecretary
David SnodgrassTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$307,500
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$307,500
Change in Net Assets
$-114,089

Audited Revenue Reconciliation

Revenue per Audited Statements
$307,500
Total Revenue per Audited Statements
$307,500
Total Revenue per Form 990
$307,500
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$295,589
Grants and Similar Amounts Paid$126,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$232,872--$232,872
Grants to Domestic Orgs$126,000--$126,000
Occupancy$21,407--$21,407
Conferences and Meetings$19,900--$19,900
Office Expenses$8,124--$8,124
Fees for Services Legal$5,004--$5,004
Travel$4,858--$4,858
Other Expenses$20--$20
Total Functional Expenses$421,589$0$0$421,589

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$421,589
Total Expenses per Audited Statements$421,589
Total Expenses per Form 990$421,589
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Ann Arbor SparkAnn Arbor, MI6Economic Development$126,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

A draft of the form 990 is distributed to the finance committee and ceo prior to filing.

Form 990, Page 6, Part VI, Line 12C

Members of the board of directors, executive committee and key staff must annually sign a statement concerning potential conflicts of interest. These statements are periodically reviewed by the finance committee to determine if further examination or action is needed. If an conflict of interest exists, ann arbor spark foundation follows up with the executive committee, the executive committee decides if further action in necessary.

Form 990, Page 6, Part VI, Line 15A

Compensation committee - the governance committee is responsible for evaluating and establishing the salary and benefits for the ceo and key employees. Staff prepares statistics on comparative salary data from similar organizations for benchmarking. This data, along with performance data, is used by the governance committee to determine compensation for the following fiscal year. There are no employees of ann arbor spark foundation, rather they are all employees of ann arbor spark.

Form 990, Page 6, Part VI, Line 15B

Compensation committee - the governance committee is responsible for evaluating and establishing the salary and benefits for the ceo and key employees. Staff prepares statistics on comparative salary data from similar organizations for benchmarking. This data, along with performance data, is used by the governance committee to determine compensation for the following fiscal year. There are no employees of ann arbor spark foundation, rather they are all employees of ann arbor spark.

Form 990, Page 6, Part VI, Line 19

The organization shares information that falls within parameters agreed upon by our funders, clients and portfolio companies. Spark posts its audited financial statements on our website. The 990 is also public information available on guidestar. Governing documents and policies are not usually available to the general public, although the state of michigan department of licensing and regulatory affairs website provides public access to ann arbor spark's articles of incorporation.

Filing and Contact Details

Filer

Filer Name
Ann Arbor Spark Foundation
EIN
38-3416745
Phone
7347619317
Address
30 EAST LIBERTY ST, ANN ARBOR, MI 48104

Signing Officer

Name
Paul Krutko
Title
President/CEO
Phone
7345279143
Signed
2020-07-01

Organization Details

Principal Officer
Paul Krutko
Formed
1998
Legal Domicile
Mi
Voting Board Members
16
Independent Board Members
15
Employees
0
Volunteers
105

Preparer

Firm
Yeo & Yeo Pc
Address
1450 EISENHOWER PLACE, ANN ARBOR, MI 48108-3283
Preparer
THOMAS A O'SULLIVAN
Phone
7347691331
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The ann arbor spark foundation provides funding and support for the activities of ann arbor spark, a not for profit 501(c)6 corporation which advances economic development in the region by encouraging and supporting business acceleration, attraction, expansion and retention.

Form 990, Page 1, Part I, Line 6

Volunteers include board and committee members.

Form 990, Part IX, Line 11G

Spark personnel reimbursement 224,497 0 0 consult. Fees - general 8,375 0 0 total 232,872 0 0

Raw XML AppendixShowing 400 of 515 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt090596
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt023263
IRS990/AccountsReceivableGrp/BOYAmt0206000
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE ANN ARBOR SPARK FOUNDATION PROVIDES FUNDING AND SUPPORT FOR THE ACTIVITIES OF ANN ARBOR SPARK, A NOT FOR PROFIT 501(C)6 CORPORATION WHICH ADVANCES ECONOMIC DEVELOPMENT IN THE REGION BY ENCOURAGING AND SUPPORTING BUSINESS ACCELERATION, ATTRACTION, EXPANSION AND RETENTION.
IRS990/AddressChangeInd0X
IRS990/AllOtherContributionsAmt0307500
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0ELIZABETH PERPICH
IRS990/BooksInCareOfDetail/PhoneNum07347619317
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0330 EAST LIBERTY ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0ANN ARBOR
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd048104
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0158931
IRS990/CashNonInterestBearingGrp/EOYAmt0183509
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt019900
IRS990/ConferencesMeetingsGrp/TotalAmt019900
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0307500
IRS990/CYGrantsAndSimilarPaidAmt0126000
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0295589
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-114089
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0421589
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0307500
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0THE PRIMARY CHARITABLE PURPOSE OF THE SPARK FOUNDATION IS TO RECEIVE AND ADMINISTER FUNDS FOR THE ENCOURAGEMENT, PROMOTION AND SUPPORT OF AREA DEVELOPMENT, RE-DEVELOPMENT AND RENEWAL; ACTIVITIES AND PROJECTS DESIGNED TO ATTRACT NEW INDUSTRY AND RETAIN EXISTING INDUSTRY; ACTIVITIES AND PROJECTS DESIGNED TO PROMOTE THE AREA; AND OTHER PROJECTS AND ACTIVITIES AIMED AT COMBATING COMMUNITY DETERIORATION IN ORDER TO LESSEN THE BURDEN OF GOVERNMENT. THE ORGANIZATION PROVIDES FUNDING AND SUPPORT FOR THE CHARITABLE AND EDUCATIONAL ACTIVITIES OF ANN ARBOR SPARK TO ADVANCE THE ECONOMIC DEVELOPMENT OF INNOVATION BASED BUSINESSES IN THE ANN ARBOR REGION.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0126000
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt05004
IRS990/FeesForServicesLegalGrp/TotalAmt05004
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0232872
IRS990/FeesForServicesOtherGrp/TotalAmt0232872
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1539.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1639.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt150.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt160.25
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1538749
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1622833
IRS990/Form990PartVIISectionAGrp/PersonNm0DAVID PARSIGIAN
IRS990/Form990PartVIISectionAGrp/PersonNm1DAVID RUUD
IRS990/Form990PartVIISectionAGrp/PersonNm2DAVID SNODGRASS
IRS990/Form990PartVIISectionAGrp/PersonNm3DR ROSE BELLANCA
IRS990/Form990PartVIISectionAGrp/PersonNm4CYNTHIA WILBANKS
IRS990/Form990PartVIISectionAGrp/PersonNm5ROB CASALOU
IRS990/Form990PartVIISectionAGrp/PersonNm6RIC DEVORE
IRS990/Form990PartVIISectionAGrp/PersonNm7SCOTT GRIFFITH
IRS990/Form990PartVIISectionAGrp/PersonNm8BHUSHAN KULKARNI
IRS990/Form990PartVIISectionAGrp/PersonNm9TREVOR LAUER
IRS990/Form990PartVIISectionAGrp/PersonNm10JONATHAN S NEWPOL
IRS990/Form990PartVIISectionAGrp/PersonNm11MARK SCHLISSEL
IRS990/Form990PartVIISectionAGrp/PersonNm12RICHARD B SHERIDAN
IRS990/Form990PartVIISectionAGrp/PersonNm13JAMES M SMITH PHD
IRS990/Form990PartVIISectionAGrp/PersonNm14CHRIS TAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm15PAUL KRUTKO
IRS990/Form990PartVIISectionAGrp/PersonNm16ELIZABETH PERPICH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt15534087
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt16119225
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15PRESIDENT/CE
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR OF
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GrantAmt0126000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0126000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0126000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0307500
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt015
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE ANN ARBOR SPARK FOUNDATION PROVIDES FUNDING AND SUPPORT FOR THE ACTIVITIES OF ANN ARBOR SPARK, A NOT FOR PROFIT 501(C)6 CORPORATION WHICH ADVANCES ECONOMIC DEVELOPMENT IN THE REGION BY ENCOURAGING AND SUPPORTING BUSINESS ACCELERATION, ATTRACTION, EXPANSION AND RETENTION.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0274335
IRS990/NetAssetsOrFundBalancesEOYAmt0160246
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0274335
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0160246
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt021407
IRS990/OccupancyGrp/TotalAmt021407
IRS990/OfficeExpensesGrp/ProgramServicesAmt08124
IRS990/OfficeExpensesGrp/TotalAmt08124
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0DUES & SUBS
IRS990/OtherExpensesGrp/Desc1FEES
IRS990/OtherExpensesGrp/ProgramServicesAmt03404
IRS990/OtherExpensesGrp/ProgramServicesAmt120
IRS990/OtherExpensesGrp/TotalAmt03404
IRS990/OtherExpensesGrp/TotalAmt120
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0PAUL KRUTKO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0MARKETING ANGEL FUND INVESTMENT ACTIVITY IN MICHIGAN: MARKETING AND EDUCATING NEW INVESTORS AS ANGELS (HIGH NET WORTH INDIVIDUALS WHO INVEST IN STARTUP COMPANIES). THE SERVICES AND SUPPORT PROVIDED TO EARLY STAGE TECHNOLOGY COMPANIES AND ENTREPRENEURS THROUGH OUR GROUP OF INVESTORS ENHANCES MICHIGAN'S ENTREPRENEURIAL ECOSYSTEM BY COORDINATING WITH EXISTING SUCCESSFUL PROGRAMS TO FILL THE PRIVATE FUNDING GAP FOR ENTREPRENEURS IN THE ECOSYSTEM THAT CREATES NEW TECH COMPANIES, NEW EARLY STAGE TECH JOBS, AND CREATES FOLLOW-ON FUNDING TO TECH COMPANIES. OUR CONTRIBUTION IS TO FOCUS ON EDUCATION AND ENGAGEMENT WITHIN THIS COMMUNITY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0228744
IRS990/ProgSrvcAccomActy3Grp/Desc0PLANNING SUPPORT FOR THE AMERICAN CENTER FOR MOBILITY AT WILLOW RUN. - INTENDED TO HELP BUILD THE REQUEST FOR FUNDING SUPPORT THAT WILL ENABLE THE FACILITY TO BE USED AS A TRAINING FACILITY FOR THE NEW MOBILITY INDUSTRY JOBS AND TO UNDERSTAND AND PLAN FOR THE IMPACT OF NEW MOBILITY TECHNOLOGIES ON EXISTING JOBS AND THE FUTURE OF WORK.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt066845
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0152000
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0145000
IRS990/PYOtherExpensesAmt0371558
IRS990/PYProgramServiceRevenueAmt0200000
IRS990/PYRevenuesLessExpensesAmt0-164558
IRS990/PYTotalExpensesAmt0516558
IRS990/PYTotalRevenueAmt0352000
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-114089
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgQualifiedInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtExclusivelySec170c2BInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE FOUNDATION ENSURES THAT ANN ARBOR SPARK IS A 501C6 AND SATIFIES THEIR PUBLIC SUPPORT TEST ANNUALLY BY REVIEWING THEIR 990 AND IRS STATUS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1MANAGEMENT MONTITORS THAT FUNDS ARE ONLY USED FOR ALLOWABLE ACTIVITIES.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 3B
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION A, LINE 3C
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd0true
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0382436899
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0126000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0ANN ARBOR SPARK
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt0ANN ARBOR SPARK
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt0126000
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesSubtotalAmt0421589
IRS990ScheduleD/RevenueSubtotalAmt0307500
IRS990ScheduleD/TotalExpensesPerForm990Amt0421589
IRS990ScheduleD/TotalRevenuePerForm990Amt0307500
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0307500
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0421589
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt0126000
IRS990ScheduleI/RecipientTable/IRCSectionDesc06
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0ECONOMIC DEVELOPMENT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ANN ARBOR SPARK
IRS990ScheduleI/RecipientTable/RecipientEIN0382436899
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0201 S DIVISION STE 430
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ANN ARBOR
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd048104
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0A CONDITION OF THESE GRANTS IS THAT ANN ARBOR SPARK SHALL TRACK USE OF THE GRANT FUND TO SHOW THEIR USE IN A MANNER CONSISTENT WITH THE PERMITTED PURPOSES. PRIOR TO RECEIVING THE FUNDS, SPARK SUBMITS A BUDGET TO ENSURE THAT FUNDS ARE SPENT CONSISTENTLY WITH THE MISSION OF THE FOUNDATION, AND A REPORT IS SUBMITTED AT THE END OF THE GRANT OUTLINING AN ACCOUNTING OF HOW THE FUNDS WERE SPENT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0534087
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt021363
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt017386
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0PAUL KRUTKO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0572836
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0PRESIDENT/CEO AND FINANCE DIRECTOR ARE PAID BY ANN ARBOR SPARK. THE ANN ARBOR SPARK FOUNDATION IS A SUPPORTING ORGANIZATION.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE J, PART III
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ANN ARBOR SPARK FOUNDATION PROVIDES FUNDING AND SUPPORT FOR THE ACTIVITIES OF ANN ARBOR SPARK, A NOT FOR PROFIT 501(C)6 CORPORATION WHICH ADVANCES ECONOMIC DEVELOPMENT IN THE REGION BY ENCOURAGING AND SUPPORTING BUSINESS ACCELERATION, ATTRACTION, EXPANSION AND RETENTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VOLUNTEERS INCLUDE BOARD AND COMMITTEE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A DRAFT OF THE FORM 990 IS DISTRIBUTED TO THE FINANCE COMMITTEE AND CEO PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEMBERS OF THE BOARD OF DIRECTORS, EXECUTIVE COMMITTEE AND KEY STAFF MUST ANNUALLY SIGN A STATEMENT CONCERNING POTENTIAL CONFLICTS OF INTEREST. THESE STATEMENTS ARE PERIODICALLY REVIEWED BY THE FINANCE COMMITTEE TO DETERMINE IF FURTHER EXAMINATION OR ACTION IS NEEDED. IF AN CONFLICT OF INTEREST EXISTS, ANN ARBOR SPARK FOUNDATION FOLLOWS UP WITH THE EXECUTIVE COMMITTEE, THE EXECUTIVE COMMITTEE DECIDES IF FURTHER ACTION IN NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION COMMITTEE - THE GOVERNANCE COMMITTEE IS RESPONSIBLE FOR EVALUATING AND ESTABLISHING THE SALARY AND BENEFITS FOR THE CEO AND KEY EMPLOYEES. STAFF PREPARES STATISTICS ON COMPARATIVE SALARY DATA FROM SIMILAR ORGANIZATIONS FOR BENCHMARKING. THIS DATA, ALONG WITH PERFORMANCE DATA, IS USED BY THE GOVERNANCE COMMITTEE TO DETERMINE COMPENSATION FOR THE FOLLOWING FISCAL YEAR. THERE ARE NO EMPLOYEES OF ANN ARBOR SPARK FOUNDATION, RATHER THEY ARE ALL EMPLOYEES OF ANN ARBOR SPARK.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION COMMITTEE - THE GOVERNANCE COMMITTEE IS RESPONSIBLE FOR EVALUATING AND ESTABLISHING THE SALARY AND BENEFITS FOR THE CEO AND KEY EMPLOYEES. STAFF PREPARES STATISTICS ON COMPARATIVE SALARY DATA FROM SIMILAR ORGANIZATIONS FOR BENCHMARKING. THIS DATA, ALONG WITH PERFORMANCE DATA, IS USED BY THE GOVERNANCE COMMITTEE TO DETERMINE COMPENSATION FOR THE FOLLOWING FISCAL YEAR. THERE ARE NO EMPLOYEES OF ANN ARBOR SPARK FOUNDATION, RATHER THEY ARE ALL EMPLOYEES OF ANN ARBOR SPARK.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION SHARES INFORMATION THAT FALLS WITHIN PARAMETERS AGREED UPON BY OUR FUNDERS, CLIENTS AND PORTFOLIO COMPANIES. SPARK POSTS ITS AUDITED FINANCIAL STATEMENTS ON OUR WEBSITE. THE 990 IS ALSO PUBLIC INFORMATION AVAILABLE ON GUIDESTAR. GOVERNING DOCUMENTS AND POLICIES ARE NOT USUALLY AVAILABLE TO THE GENERAL PUBLIC, ALTHOUGH THE STATE OF MICHIGAN DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS WEBSITE PROVIDES PUBLIC ACCESS TO ANN ARBOR SPARK'S ARTICLES OF INCORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SPARK PERSONNEL REIMBURSEMENT 224,497 0 0 CONSULT. FEES - GENERAL 8,375 0 0 TOTAL 232,872 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.09$0.04$0.06$0.18$0.18$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.09$0.04$0.05$0.20$0.22$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.17$0.10$0.07$0.21$0.28$0.07
2021Detailed filing. Detailed filing data is available for this year.$0.20$0.07$0.13$0.25$0.25$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.14$0.01$0.13$1.61$1.64$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.18$0.02$0.16$0.31$0.42$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.36$0.09$0.27$0.35$0.52$0.16
2017Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.44$0.68$0.32$0.36
2016Detailed filing. Detailed filing data is available for this year.$0.13$0.05$0.08$0.24$0.22$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$0.04$0.05$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$0.04$0.09$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.27$0.15$0.11$1.04$1.00$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.21$0.07$2.31
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.15$1.72$2.43$2.91
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.26$1.33$2.93$3.65