Civic Intelligence

Sparrow Education Foundation Inc

EIN 47-4389272 • 501(c)3 • Lakeland, FL

Profile

provide trauma informed educational setting for children in kindergarten - eight grade.

8595 US Highway 98 NLakeland, FL 33809

www.sparrowacademy.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

93rd percentile

0.97x

Higher debt load relative to assets than 93% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

46th percentile

0.06x

Higher debt load relative to revenue than 46% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

43rd percentile

1.5%

Higher net margin than 43% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

52nd percentile

$63,570

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 5.2% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

79th percentile

20%

Faster asset growth than 79% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

83rd percentile

49%

Faster revenue growth than 83% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$70,880

Up $12,056 (+20%) from 2023

Liabilities

Down

$68,857

Down $32,762 (-32%) from 2023

Net Assets

Up

$2,023

Up $44,818 (+105%) from 2023

Revenue

Up

$1,233,478

Up $405,581 (+49%) from 2023

Expenses

Up

$1,214,685

Up $350,518 (+41%) from 2023

Net Income

Up

$18,793

Up $55,063 (+152%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0-$200KAssets 2015: $683Liabilities 2015: $0Net Assets 2015: $6832015Assets 2016: $10,054Liabilities 2016: $0Net Assets 2016: $10,0542016Assets 2018: $9,733Liabilities 2018: $0Net Assets 2018: $9,7332018Assets 2019: $260,046Liabilities 2019: $0Net Assets 2019: $260,0462019Assets 2020: $336,129Liabilities 2020: $0Net Assets 2020: $336,1292020Assets 2021: $425,771Liabilities 2021: $38,809Net Assets 2021: $386,9622021Assets 2022: $378,539Liabilities 2022: $44,078Net Assets 2022: $334,4612022Assets 2023: $58,824Liabilities 2023: $101,619Net Assets 2023: -$42,7952023Assets 2024: $70,880Liabilities 2024: $68,857Net Assets 2024: $2,0232024

Highlighted filing

2024

Assets$70,880
Liabilities$68,857
Net Assets$2,023

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2015: $15,471Expenses 2015: $14,788Net Income 2015: $6832015Revenue 2016: $99,690Expenses 2016: $90,319Net Income 2016: $9,3712016Revenue 2018: $327,160Expenses 2018: $360,185Net Income 2018: -$33,0252018Revenue 2019: $544,322Expenses 2019: $294,009Net Income 2019: $250,3132019Revenue 2020: $666,886Expenses 2020: $499,936Net Income 2020: $166,9502020Revenue 2021: $658,456Expenses 2021: $607,623Net Income 2021: $50,8332021Revenue 2022: $787,590Expenses 2022: $803,959Net Income 2022: -$16,3692022Revenue 2023: $827,897Expenses 2023: $864,167Net Income 2023: -$36,2702023Revenue 2024: $1,233,478Expenses 2024: $1,214,685Net Income 2024: $18,7932024

Highlighted filing

2024

Revenue$1,233,478
Expenses$1,214,685
Net Income$18,793

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 20, 2025
Return Version
2024v5.2
Gross Receipts
$1,233,478
Mission and Program Overview

Mission

provide trauma informed educational setting for children in kindergarten - eight grade.

provide trauma informed educational setting for children in kindergarten - twelfth grade.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$58,824$70,880▲ $12,056
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$58,824$70,880▲ $12,056
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$99,627$64,722▼ $34,905
Accounts Payable and Accrued Expenses$1,992$4,135▲ $2,143
Total Liabilities$101,619$68,857▼ $32,762
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-42,795$2,023▲ $44,818
Total Net Assets Fund Balance$-42,795$2,023▲ $44,818
Total Liabilities and Net Assets / Fund Balance$58,824$70,880▲ $12,056
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rhonda McginnisPrincipalFT$63,570$63,570

Board Members and Trustees

NameTitle
Greg BarnetteBoard Member
Michael PippenBoard Member
Terry DuncanBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$115,811
Program Service Revenue
$1,117,667
Investment Income
$0
Other Revenue
$0
All Other Contributions
$115,811
Change in Net Assets
$18,793
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$885,489
Other Expenses$328,715
Grants and Similar Amounts Paid$481
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$759,783--$759,783
Current Officers, Directors, Trustees, and Key Employees-$63,570-$63,570
Insurance$63,051--$63,051
Payroll Taxes$62,136--$62,136
All Other Expenses$42,209$10,632-$52,841
Information Technology$46,310--$46,310
Other Expenses$20,598$15,859-$20,598
Office Expenses$16,187--$16,187
Advertising$11,103--$11,103
Conferences and Meetings$6,236--$6,236
Occupancy$2,039$2,039-$4,078
Fees for Services Accounting$3,145--$3,145
Grants to Domestic Orgs$481--$481
Fees for Services Other$159--$159
Total Functional Expenses$1,108,122$106,563$0$1,214,685
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
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, Section B, Line 11B

The 990 is provided to the governing body for review and consideration prior to filing. The governing body agreed the form 990 is prepared correctly to the best of their knowledge and approved submission to the internal revenue service.

Form 990, Part VI, Section B, Line 12C

Any director, principal officer, or member of a committee with governing board delegated powers,who has a direct or indirect financial interest is an interested person. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interestand be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of aconflict of interest is discussed and voted upon. The remaining board or committee members shall decide of a conflict of interest exists. If the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If after hearing the member's response and after making further investigation as warranted by the circumstances, the governing board or committee determines the member has failed to discose an actual or possible conflict of intrest, it shall take appropriate disciplinary and corrective action.

Form 990, Part VI, Section C, Line 18

Governing documents, conflict of interest policy, and financial statements are maintained at the organizaiotn place of operation and available upon request.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Sparrow Education Foundation Inc
EIN
47-4389272
Phone
8637772269
Address
8595 US HIGHWAY 98 N, LAKELAND, FL 33809

Signing Officer

Name
Rhonda Mcginnis
Title
Principal
Signed
2025-11-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rhonda Mcginnis
Voting Board Members
4
Independent Board Members
5
Employees
35
Volunteers
12

Preparer

Firm
Robinson Gruters and Roberts
Address
133 Harbor Dr S, Venice, FL 34285
Preparer
Kelly Jones
Phone
9414887794
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IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
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IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0false
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0SOME STUDENTS ATTENDING SPARROW ACADEMY RECEIVE FUNDS FROM THE FDOE MCKAY SCHOLARSHIP AND GARDINER SCHOLARSHIP PROGRAMS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc3Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS PROVIDED TO THE GOVERNING BODY FOR REVIEW AND CONSIDERATION PRIOR TO FILING. THE GOVERNING BODY AGREED THE FORM 990 IS PREPARED CORRECTLY TO THE BEST OF THEIR KNOWLEDGE AND APPROVED SUBMISSION TO THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS,WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST IS AN INTERESTED PERSON. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTERESTAND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF ACONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE OF A CONFLICT OF INTEREST EXISTS. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MAINTAINED AT THE ORGANIZAIOTN PLACE OF OPERATION AND AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
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IRS990/TotalProgramServiceRevenueAmt01117667
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IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01117667
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01233478
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt070880
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IRS990/USAddress/CityNm0LAKELAND
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IRS990/WebsiteAddressTxt0HTTPS://WWW.Sparrowacademy.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Rhonda Mcginnis
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Principal
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SPARROW EDUCATION FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0SPAR
ReturnHeader/Filer/EIN0474389272
ReturnHeader/Filer/PhoneNum08637772269
ReturnHeader/Filer/USAddress/AddressLine1Txt08595 US HIGHWAY 98 N
ReturnHeader/Filer/USAddress/CityNm0LAKELAND
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0832835632
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Robinson Gruters and Roberts
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0133 Harbor Dr S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Venice
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd034285
ReturnHeader/PreparerPersonGrp/PhoneNum09414887794
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KELLY JONES
ReturnHeader/ReturnTs02025-11-20T07:20:19-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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