Civic Intelligence

Operation Spark

990 • Fiscal year 2020 • EIN 47-1514606

Nov 01, 2019 to Oct 31, 2020 • Filed on Aug 24, 2021

P O Box 19924New Orleans, LA 70179

(504) 799-9925

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$2,644,267

Up $511,803 (+24%) from 2019

Net Assets

Up

$2,223,992

Up $181,976 (+8.9%) from 2019

Liabilities

Up

$420,275

Up $329,827 (+365%) from 2019

Revenue And Expenses

Revenue

Up

$3,551,563

Up $1,153,874 (+48%) from 2019

Expenses

Up

$3,410,179

Up $1,272,960 (+60%) from 2019

Net Income

Down

$141,384

Down $119,086 (-46%) from 2019

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

2020

Assets$2,644,267
Liabilities$420,275
Net Assets$2,223,992

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

2020

Revenue$3,551,563
Expenses$3,410,179
Net Income$141,384
Jump To
Filing Snapshot
Filing Period
Nov 1, 2019 to Oct 31, 2020
Signed
Aug 24, 2021
Return Version
2019v5.0
Gross Receipts
$3,551,563
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$1,437,365$1,995,182▲ $557,817
Accounts Receivable$254,638$225,431▼ $29,207
Land, Buildings, and Equipment, Net$58,149$206,139▲ $147,990
Pledges and Grants Receivable$368,886$195,314▼ $173,572
Prepaid Expenses and Deferred Charges$9,226$12,150▲ $2,924
Cash and Non-Interest-Bearing Accounts-$0-
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$2,132,464$2,644,267▲ $511,803
Other Assets Total$4,200$10,051▲ $5,851
Liabilities
Unsecured Notes Loans Payable-$298,500-
Deferred Revenue-$68,244-
Accounts Payable and Accrued Expenses$88,352$34,452▼ $53,900
Other Liabilities$2,096$19,079▲ $16,983
Total Liabilities$90,448$420,275▲ $329,827
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,489,223$1,449,794▼ $39,429
Net Assets With Donor Restrictions$552,793$774,198▲ $221,405
Total Net Assets Fund Balance$2,042,016$2,223,992▲ $181,976
Total Liabilities and Net Assets / Fund Balance$2,132,464$2,644,267▲ $511,803

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$86,455$44,365$130,820
Other Land Buildings$77,885$6,205$84,090
Leasehold Improvements$41,799$1,511$43,310
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
John FraboniCEOFT$112,988$112,988

Board Members and Trustees

NameTitle
Allen SquareChairman
Jeffrey SerpasDirector
Myron L MitchellDirector
Veronica ReedDirector
Wes WithrowDirector
Adam HawfSecretary
Max GaudinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,279,706
Program Service Revenue
$2,266,919
Investment Income
$4,938
Other Revenue
$0
All Other Contributions
$1,279,706
Change in Net Assets
$141,384

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,551,563
Total Revenue per Audited Statements
$3,551,563
Total Revenue per Form 990
$3,551,563
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,872,754
Other Expenses$1,429,963
Grants and Similar Amounts Paid$107,462
Total Fundraising Expense$6,720
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,044,309$470,110-$1,514,419
Fees for Services Management$850,178--$850,178
Current Officers, Directors, Trustees, and Key Employees-$139,203-$139,203
Fees for Services Legal$88,749$41,218-$129,967
Payroll Taxes$46,210$74,888-$121,098
Grants to Domestic Individuals$107,462--$107,462
Other Employee Benefits$78,150$19,884-$98,034
Occupancy$16,946$42,658-$59,604
All Other Expenses$14,675$11,622$1,000$27,297
Office Expenses$5,916$18,711-$24,627
Depreciation Depletion$14,970$6,228-$21,198
Insurance$1,729$18,723-$20,452
Advertising$1,825$17,009-$18,834
Other Expenses$9,395$15,730$5,720$15,730
Travel$955$164-$1,119
Total Functional Expenses$2,514,958$888,501$6,720$3,410,179

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,410,179
Total Expenses per Audited Statements$3,410,179
Total Expenses per Form 990$3,410,179
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$19,079
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 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
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
2021-08-24
Discuss with paid preparer
Yes

Organization Details

Formed
2014
Legal Domicile
La
Voting Board Members
7
Independent Board Members
7
Employees
27
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

Accounting principles generally accepted in the United States of America provide accounting and disclosure guidance about positions taken by an entity in its tax returns that might be uncertain. The Organization believes that it has appropriate support for any tax positions taken, and management has determined that there are no uncertain tax positions that are material to the financial statements.

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IRS990/OtherSalariesAndWagesGrp/TotalAmt01514419
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt074888
IRS990/PayrollTaxesGrp/ProgramServicesAmt046210
IRS990/PayrollTaxesGrp/TotalAmt0121098
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0368886
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0195314
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09226
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt012150
IRS990/PriorPeriodAdjustmentsAmt040592
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611420
IRS990/ProgramServiceRevenueGrp/BusinessCd1611420
IRS990/ProgramServiceRevenueGrp/BusinessCd2541511
IRS990/ProgramServiceRevenueGrp/BusinessCd3561300
IRS990/ProgramServiceRevenueGrp/Desc0Adult program
IRS990/ProgramServiceRevenueGrp/Desc1High School Program
IRS990/ProgramServiceRevenueGrp/Desc2Student Dev Project
IRS990/ProgramServiceRevenueGrp/Desc3Student Placement Fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0852088
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1302758
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt23500
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt31108573
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0852088
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1302758
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31108573
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/ExpenseAmt0433227
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0302758
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0441513
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0172145
IRS990/PYInvestmentIncomeAmt0776
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0750964
IRS990/PYProgramServiceRevenueAmt01955400
IRS990/PYRevenuesLessExpensesAmt0260470
IRS990/PYSalariesCompEmpBnftPaidAmt01213085
IRS990/PYTotalExpensesAmt02137219
IRS990/PYTotalProfFndrsngExpnsAmt01025
IRS990/PYTotalRevenueAmt02397689
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0141384
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01964160
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01437365
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01995182
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01279706
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0441513
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01238509
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0343118
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0291347
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03594193
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt04938
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0776
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt022
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt05736
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt06656106
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.64590
IRS990ScheduleA/PublicSupportPY170Pct00.39800
IRS990ScheduleA/PublicSupportTotal170Amt02325045
IRS990ScheduleA/SubstantialContributorsTotAmt01269148
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01279706
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0441513
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01238509
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0343118
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0291347
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03594193
IRS990ScheduleA/TotalSupportAmt03599929
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/BookValueAmt086455
IRS990ScheduleD/EquipmentGrp/DepreciationAmt044365
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0130820
IRS990ScheduleD/ExpensesSubtotalAmt03410179
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt041799
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01511
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt043310
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt077885
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06205
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt084090
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt019079
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Credit card payable
IRS990ScheduleD/RevenueSubtotalAmt03551563
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Accounting principles generally accepted in the United States of America provide accounting and disclosure guidance about positions taken by an entity in its tax returns that might be uncertain. The Organization believes that it has appropriate support for any tax positions taken, and management has determined that there are no uncertain tax positions that are material to the financial statements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0206139
IRS990ScheduleD/TotalExpensesPerForm990Amt03410179
IRS990ScheduleD/TotalLiabilityAmt019079
IRS990ScheduleD/TotalRevenuePerForm990Amt03551563
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03551563
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03410179
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0107462
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Living Stipends
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt033
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.

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