Civic Intelligence

Operation Spark

990 • Fiscal year 2018 • EIN 47-1514606

Nov 01, 2017 to Oct 31, 2018 • Filed on Jul 19, 2019

2733 Esplanade AenueNew Orleans, LA 70119

(504) 638-6767

Siviq Scores

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

Liabilities / Assets

34th percentile

0.03x

Higher debt load relative to assets than 34% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

24th percentile

0.02x

Higher debt load relative to revenue than 24% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

91st percentile

48%

Higher net margin than 91% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

99th percentile

341%

Faster asset growth than 99% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

97th percentile

232%

Faster revenue growth than 97% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$1,827,355

Up $1,412,781 (+341%) from 2017

Net Assets

Up

$1,781,546

Up $1,390,172 (+355%) from 2017

Liabilities

Up

$45,809

Up $22,609 (+97%) from 2017

Revenue

Up

$2,984,352

Up $2,085,838 (+232%) from 2017

Expenses

Up

$1,553,408

Up $896,450 (+136%) from 2017

Net Income

Up

$1,430,944

Up $1,189,388 (+492%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2015: $29,493Liabilities 2015: $5,403Net Assets 2015: $24,0902015Assets 2016: $143,695Liabilities 2016: $12,711Net Assets 2016: $130,9842016Assets 2017: $414,574Liabilities 2017: $23,200Net Assets 2017: $391,3742017Assets 2018: $1,827,355Liabilities 2018: $45,809Net Assets 2018: $1,781,5462018Assets 2019: $2,132,464Liabilities 2019: $90,448Net Assets 2019: $2,042,0162019Assets 2020: $2,644,267Liabilities 2020: $420,275Net Assets 2020: $2,223,9922020Assets 2021: $2,623,999Liabilities 2021: $545,919Net Assets 2021: $2,078,0802021Assets 2022: $2,414,215Liabilities 2022: $65,444Net Assets 2022: $2,348,7712022Assets 2023: $2,838,574Liabilities 2023: $367,736Net Assets 2023: $2,470,8382023Assets 2024: $2,713,733Liabilities 2024: $281,202Net Assets 2024: $2,432,5312024

Highlighted filing

2018

Assets$1,827,355
Liabilities$45,809
Net Assets$1,781,546

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2015: $221,229Expenses 2015: $198,523Net Income 2015: $22,7062015Revenue 2016: $423,917Expenses 2016: $317,023Net Income 2016: $106,8942016Revenue 2017: $898,514Expenses 2017: $656,958Net Income 2017: $241,5562017Revenue 2018: $2,984,352Expenses 2018: $1,553,408Net Income 2018: $1,430,9442018Revenue 2019: $2,397,689Expenses 2019: $2,137,219Net Income 2019: $260,4702019Revenue 2020: $3,551,563Expenses 2020: $3,410,179Net Income 2020: $141,3842020Revenue 2021: $2,866,020Expenses 2021: $3,011,932Net Income 2021: -$145,9122021Revenue 2022: $3,015,485Expenses 2022: $2,744,795Net Income 2022: $270,6902022Revenue 2023: $2,797,943Expenses 2023: $2,675,876Net Income 2023: $122,0672023Revenue 2024: $2,527,377Expenses 2024: $2,565,684Net Income 2024: -$38,3072024

Highlighted filing

2018

Revenue$2,984,352
Expenses$1,553,408
Net Income$1,430,944
Jump To
Filing Snapshot
Filing Period
Nov 1, 2017 to Oct 31, 2018
Signed
Jul 19, 2019
Return Version
2017v2.2
Gross Receipts
$2,984,352
Mission and Program Overview

Mission

Operation Spark is opening a new door to prosperity for low-opportunity individuals by presenting the fastest route to a career in software development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable-$663,381-
Savings and Temporary Cash Investments-$643,834-
Cash and Non-Interest-Bearing Accounts$121,492$237,945▲ $116,453
Accounts Receivable$269,551$226,038▼ $43,513
Land, Buildings, and Equipment, Net$14,431$43,520▲ $29,089
Prepaid Expenses and Deferred Charges$4,900$8,436▲ $3,536
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$414,574$1,827,355▲ $1,412,781
Other Assets Total$4,200$4,201▲ $1
Liabilities
Accounts Payable and Accrued Expenses$16,763$45,128▲ $28,365
Deferred Revenue$6,437--
Other Liabilities-$681-
Total Liabilities$23,200$45,809▲ $22,609
Net Assets / Fund Balance
Temporarily Rstr Net Assets$55,000$997,939▲ $942,939
Unrestricted Net Assets$336,374$783,607▲ $447,233
Total Net Assets Fund Balance$391,374$1,781,546▲ $1,390,172
Total Liabilities and Net Assets / Fund Balance$414,574$1,827,355▲ $1,412,781

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$40,278$10,304$50,582
Other Land Buildings$1,873$2,866$4,739
Leasehold Improvements$1,369$1,941$3,310
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
John FraboniCEOFT$83,818$9,696$93,514

Board Members and Trustees

NameTitle
Dr Lisa Green-DerryChairman
Allen SquareDirector
Jeffrey SerpasDirector
Myron L MitchellDirector
Virginia TicklesDirector
Chike AguhSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,238,509
Program Service Revenue
$1,745,821
Investment Income
$22
Other Revenue
$0
All Other Contributions
$1,238,509
Change in Net Assets
$1,430,944

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,984,352
Revenue Not Reported on Form 990
$30,000
Total Revenue per Audited Statements
$3,014,352
Total Revenue per Form 990
$2,984,352
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$839,439
Salaries, Compensation, and Employee Benefits$668,421
Total Fundraising Expense$53,368
Grants and Similar Amounts Paid$45,548
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$594,228$936$6,000$601,164
Other Salaries and Wages$459,998$28,000-$487,998
Current Officers, Directors, Trustees, and Key Employees$29,750$29,750$39,667$99,167
Occupancy$52,110$14,530$3,210$69,850
Grants to Domestic Individuals$45,548--$45,548
Payroll Taxes$32,851$8,577$3,023$44,451
All Other Expenses$29,751$7,329$168$37,248
Other Employee Benefits$26,676$10,129-$36,805
Fees for Services Legal$532$15,839-$16,371
Other Expenses$7,942$1,489$496$9,927
Travel$9,146$462-$9,608
Depreciation Depletion$4,936$4,396-$9,332
Office Expenses$3,410$5,122-$8,532
Advertising$6,729$627-$7,356
Information Technology$4,991$2,051-$7,042
Insurance-$6,581-$6,581
Interest$320--$320
Total Functional Expenses$1,361,464$138,576$53,368$1,553,408

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,583,407
Total Expenses per Form 990$1,553,408
Expenses per Audited Statements$1,553,407
Expenses Not Reported on Form 990$30,000
Expenses Not Reported on Financial Statements$1
Other Expense Adjustments$1
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit card payable$681
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

The Organization has only one class of member.

Form 990, Part VI, Line 11B: Form 990 Review Process

Draft of document is provided for review and comment prior to filing.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Upon request

Filing and Contact Details

Filer

Filer Name
Operation Spark
EIN
47-1514606
Phone
5046386767
Address
2733 Esplanade Aenue, New Orleans, LA 70119

Signing Officer

Name
John Fraboni
Title
CEO
Signed
2019-07-19
Discuss with paid preparer
Yes

Organization Details

Formed
2014
Legal Domicile
La
Voting Board Members
7
Independent Board Members
7
Employees
9
Volunteers
10

Preparer

Firm
John Wyatte Foard LLC
Address
3005 Magazine St Suite C, New Orleans, LA 70115
Preparer
John Foard
Phone
5043225437
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3: Ceased Conducting or Significant Changes To Services

The Organization ceased operation of its "Development Shop" program.

Financial Statement Notes

Part X : FIN48 Footnote

The Organization recognizes the tax benefit from uncertain tax positions only if it is "more likely than not" the tax position will be sustained on examination by the taxing authorities. To the extent the Organization's assessment of such tax positions change, the change will be recorded in the period in which the determination is made. No adjustments were required for the year ended October 31, 2018.

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Scholarships $30000

Part XII, Line 2D: Other expenses and losses per audited F/S

Scholarships $30000

Part XII, Line 4B: Other revenue amounts included on 990 but not included in F/S

Rounding $1

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IRS990/OtherExpensesGrp/Desc2Bad Debt
IRS990/OtherExpensesGrp/Desc3UTILITIES
IRS990/OtherExpensesGrp/FundraisingAmt0804
IRS990/OtherExpensesGrp/FundraisingAmt1496
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0101
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12657
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21489
IRS990/OtherExpensesGrp/ProgramServicesAmt028528
IRS990/OtherExpensesGrp/ProgramServicesAmt113394
IRS990/OtherExpensesGrp/ProgramServicesAmt210624
IRS990/OtherExpensesGrp/ProgramServicesAmt37942
IRS990/OtherExpensesGrp/TotalAmt028629
IRS990/OtherExpensesGrp/TotalAmt116855
IRS990/OtherExpensesGrp/TotalAmt210624
IRS990/OtherExpensesGrp/TotalAmt39927
IRS990/OtherLiabilitiesGrp/EOYAmt0681
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt028000
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0459998
IRS990/OtherSalariesAndWagesGrp/TotalAmt0487998
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt03023
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08577
IRS990/PayrollTaxesGrp/ProgramServicesAmt032851
IRS990/PayrollTaxesGrp/TotalAmt044451
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0663381
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04900
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08436
IRS990/PriorPeriodAdjustmentsAmt0-40772
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611420
IRS990/ProgramServiceRevenueGrp/BusinessCd1611420
IRS990/ProgramServiceRevenueGrp/BusinessCd2561300
IRS990/ProgramServiceRevenueGrp/Desc0Adult program
IRS990/ProgramServiceRevenueGrp/Desc1High School Program
IRS990/ProgramServiceRevenueGrp/Desc2Student Placement Fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0491524
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1423570
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2830727
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0491524
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1423570
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2830727
IRS990/ProgSrvcAccomActy2Grp/Desc0High School to High Wage: The high school program is available for juniors and seniors in New Orleans public schools, Baton Rouge public schools and neighboring parishes. The primary goal is to offer low income students an alternative path to post-secondary education. Program runs on a semester basis with classes 4 nights a week.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0344557
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0423570
IRS990/ProgSrvcAccomActy3Grp/Desc0Bootcamp:We present life as a professional software developer in 5 weeks, introducing students to the daily workflow of building software in a professional environment. By the end of the class, our participants are on their way to being super users with the command-line and leave literate in the basics of JavaScript after building several apps and games on Node.js and HTML5. They can debug an app and problem solve on the Internet and know where to find resources to continue learning on their own terms. They also learn soft skills that make them a great team player.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt05103
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt046742
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0343118
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0197288
IRS990/PYProgramServiceRevenueAmt0555396
IRS990/PYRevenuesLessExpensesAmt0241556
IRS990/PYSalariesCompEmpBnftPaidAmt0459670
IRS990/PYTotalExpensesAmt0656958
IRS990/PYTotalRevenueAmt0898514
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01430944
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01305508
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0643834
IRS990ScheduleA/FactsAndCircumstancesTestTxt0Current Year Facts and Circumstances: The Organization receives funding from various sources throughout the year and is able to pass the 10% test through funding received through a number of unrelated donors. The Organization's governing body represents the broad interest of the public. The Organization provides services that directly benefit members of the general public on a continuous basis. Management is aware of the importance to diversify funding sources and continues to work to obtain funding from a variety of source when available.
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01238509
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0343118
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0291347
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0169272
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt015245
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02057491
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt022
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt022
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02485734
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.31630
IRS990ScheduleA/PublicSupportTotal170Amt0650760
IRS990ScheduleA/SubstantialContributorsTotAmt01406731
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01238509
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0343118
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0291347
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0169272
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt015245
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02057491
IRS990ScheduleA/TotalSupportAmt02057513
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt040278
IRS990ScheduleD/EquipmentGrp/DepreciationAmt010304
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt050582
IRS990ScheduleD/ExpensesNotReportedAmt030000
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01
IRS990ScheduleD/ExpensesSubtotalAmt01553407
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01369
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01941
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt03310
IRS990ScheduleD/OtherExpensesIncludedAmt030000
IRS990ScheduleD/OtherExpensesNotIncludedAmt01
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01873
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02866
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt04739
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0681
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Credit card payable
IRS990ScheduleD/OtherRevenueAmt030000
IRS990ScheduleD/RevenueNotReportedAmt030000
IRS990ScheduleD/RevenueSubtotalAmt02984352
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization recognizes the tax benefit from uncertain tax positions only if it is "more likely than not" the tax position will be sustained on examination by the taxing authorities. To the extent the Organization's assessment of such tax positions change, the change will be recorded in the period in which the determination is made. No adjustments were required for the year ended October 31, 2018.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Scholarships $30000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Scholarships $30000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3Rounding $1
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d: Other expenses and losses per audited F/S
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S
IRS990ScheduleD/TotalBookValueLandBuildingsAmt043520
IRS990ScheduleD/TotalExpensesPerForm990Amt01553408
IRS990ScheduleD/TotalLiabilityAmt0681
IRS990ScheduleD/TotalRevenuePerForm990Amt02984352
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03014352
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01583407
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt040048
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt15500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Internship awards
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1Living Stipends
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt071
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt12
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00

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