Civic Intelligence

Operation Spark

990 • Fiscal year 2019 • EIN 47-1514606

Nov 01, 2018 to Oct 31, 2019 • Filed on Aug 26, 2020

P O Box 19924New Orleans, LA 70179

(504) 799-9925

Siviq Scores

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

Liabilities / Assets

41st percentile

0.04x

Higher debt load relative to assets than 41% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

35th percentile

0.04x

Higher debt load relative to revenue than 35% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

67th percentile

11%

Higher net margin than 67% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

77th percentile

17%

Faster asset growth than 77% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

14th percentile

-20%

Faster revenue growth than 14% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$2,132,464

Up $305,109 (+17%) from 2018

Net Assets

Up

$2,042,016

Up $260,470 (+15%) from 2018

Liabilities

Up

$90,448

Up $44,639 (+97%) from 2018

Revenue

Down

$2,397,689

Down $586,663 (-20%) from 2018

Expenses

Up

$2,137,219

Up $583,811 (+38%) from 2018

Net Income

Down

$260,470

Down $1,170,474 (-82%) from 2018

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

2019

Assets$2,132,464
Liabilities$90,448
Net Assets$2,042,016

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

2019

Revenue$2,397,689
Expenses$2,137,219
Net Income$260,470
Jump To
Filing Snapshot
Filing Period
Nov 1, 2018 to Oct 31, 2019
Signed
Aug 26, 2020
Return Version
2018v3.1
Gross Receipts
$2,397,689
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
Savings and Temporary Cash Investments$643,834$1,437,365▲ $793,531
Pledges and Grants Receivable$663,381$368,886▼ $294,495
Accounts Receivable$226,038$254,638▲ $28,600
Cash and Non-Interest-Bearing Accounts$237,945$0▼ $237,945
Land, Buildings, and Equipment, Net$43,520$58,149▲ $14,629
Prepaid Expenses and Deferred Charges$8,436$9,226▲ $790
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$1,827,355$2,132,464▲ $305,109
Other Assets Total$4,201$4,200▼ $1
Liabilities
Accounts Payable and Accrued Expenses$45,128$88,352▲ $43,224
Other Liabilities$681$2,096▲ $1,415
Total Liabilities$45,809$90,448▲ $44,639
Net Assets / Fund Balance
Unrestricted Net Assets$783,607$1,489,223▲ $705,616
Temporarily Rstr Net Assets$997,939$552,793▼ $445,146
Total Net Assets Fund Balance$1,781,546$2,042,016▲ $260,470
Total Liabilities and Net Assets / Fund Balance$1,827,355$2,132,464▲ $305,109

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$54,907$26,075$80,982
Other Land Buildings$1,873$2,866$4,739
Leasehold Improvements$1,369$1,941$3,310
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
John FraboniCEOFT$101,254$101,254

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
$441,513
Program Service Revenue
$1,955,400
Investment Income
$776
Other Revenue
$0
All Other Contributions
$399,143
Change in Net Assets
$260,470
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,213,085
Other Expenses$750,964
Grants and Similar Amounts Paid$172,145
Total Fundraising Expense$35,493
Professional Fundraising Fees$1,025

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$820,739$127,545-$948,284
Fees for Services Other$439,791$61,951$4,351$506,093
Grants to Domestic Individuals$172,145--$172,145
Current Officers, Directors, Trustees, and Key Employees$55,833$27,917$27,917$111,667
Payroll Taxes$57,812$19,194$2,126$79,132
Other Employee Benefits$47,189$26,813-$74,002
Occupancy$48,639$9,527-$58,166
Travel$30,293$2,279-$32,572
All Other Expenses$20,394$6,647$74$27,115
Depreciation Depletion$12,552$3,220-$15,772
Insurance-$12,731-$12,731
Other Expenses$1,393$8,011-$9,404
Office Expenses$549$8,609-$9,158
Advertising$5,239$2,967-$8,206
Fees for Services Professional Fundraising--$1,025$1,025
Total Functional Expenses$1,765,329$336,397$35,493$2,137,219
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$1,025
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$2,096
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
5047999925
Address
P O Box 19924, New Orleans, LA 70179

Signing Officer

Name
John Fraboni
Title
CEO
Signed
2020-08-26
Discuss with paid preparer
Yes

Organization Details

Formed
2014
Legal Domicile
La
Voting Board Members
7
Independent Board Members
7
Employees
21
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

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.

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IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02126
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt019194
IRS990/PayrollTaxesGrp/ProgramServicesAmt057812
IRS990/PayrollTaxesGrp/TotalAmt079132
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0663381
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0368886
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08436
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09226
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/RelatedOrExemptFuncIncomeAmt0963779
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1528404
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2463217
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0963779
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1528404
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2463217
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/ExpenseAmt0562501
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0528404
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01238509
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt045548
IRS990/PYInvestmentIncomeAmt022
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0839439
IRS990/PYProgramServiceRevenueAmt01745821
IRS990/PYRevenuesLessExpensesAmt01430944
IRS990/PYSalariesCompEmpBnftPaidAmt0668421
IRS990/PYTotalExpensesAmt01553408
IRS990/PYTotalRevenueAmt02984352
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0260470
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01426996
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0643834
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01437365
IRS990ScheduleA/FactsAndCircumstancesTestTxt0Prior 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/CurrentTaxYearAmt0441513
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01238509
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0343118
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0291347
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0169272
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02483759
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0776
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt022
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0798
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt04441134
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.39800
IRS990ScheduleA/PublicSupportPY170Pct00.31630
IRS990ScheduleA/PublicSupportTotal170Amt0988856
IRS990ScheduleA/SubstantialContributorsTotAmt01494903
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0441513
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01238509
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0343118
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0291347
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0169272
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02483759
IRS990ScheduleA/TotalSupportAmt02484557
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/EquipmentGrp/BookValueAmt054907
IRS990ScheduleD/EquipmentGrp/DepreciationAmt026075
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt080982
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01369
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01941
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt03310
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01873
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02866
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt04739
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02096
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Credit card payable
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/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt058149
IRS990ScheduleD/TotalLiabilityAmt02096
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt039236
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt1132909
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Internship awards
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1Living Stipends
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt075
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt115
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Organization has only one class of member.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Draft of document is provided for review and comment prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Upon request
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false

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