Civic Intelligence

Spark Sf Public Schools

990 • Fiscal year 2021 • EIN 47-4568396

Jul 01, 2020 to Jun 30, 2021 • Filed on May 11, 2022

135 VAN NESS AVE Suite 119San Francisco, CA 94102

(415) 241-5578

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.23x

Higher debt load relative to assets than 53% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Liabilities / Revenue

31st percentile

0.13x

Higher debt load relative to revenue than 31% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Net Margin

78th percentile

35%

Higher net margin than 78% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Top Officer Pay

85th percentile

$515,502

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Asset Growth

4th percentile

-14%

Faster asset growth than 4% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Revenue Growth

80th percentile

52%

Faster revenue growth than 80% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Assets

Down

$15,254,604

Down $2,423,786 (-14%) from 2020

Net Assets

Up

$11,682,213

Up $9,597,890 (+460%) from 2020

Liabilities

Down

$3,572,391

Down $12,021,676 (-77%) from 2020

Revenue

Up

$27,199,561

Up $9,282,935 (+52%) from 2020

Expenses

Up

$17,601,671

Up $675,162 (+4.0%) from 2020

Net Income

Up

$9,597,890

Up $8,607,773 (+869%) from 2020

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2016: $4,184,131Liabilities 2016: $30,000Net Assets 2016: $4,154,1312016Assets 2017: $1,036,643Liabilities 2017: $73,846Net Assets 2017: $962,7972017Assets 2018: $9,971,978Liabilities 2018: $9,593,558Net Assets 2018: $378,4202018Assets 2019: $6,120,873Liabilities 2019: $5,028,066Net Assets 2019: $1,092,8072019Assets 2020: $17,678,390Liabilities 2020: $15,594,067Net Assets 2020: $2,084,3232020Assets 2021: $15,254,604Liabilities 2021: $3,572,391Net Assets 2021: $11,682,2132021Assets 2022: $18,382,753Liabilities 2022: $11,232,067Net Assets 2022: $7,150,6862022Assets 2023: $14,148,030Liabilities 2023: $8,840,179Net Assets 2023: $5,307,8512023

Highlighted filing

2021

Assets$15,254,604
Liabilities$3,572,391
Net Assets$11,682,213

Operations Trend

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

$30M$20M$10M$0-$10MRevenue 2016: $11,080,759Expenses 2016: $6,926,628Net Income 2016: $4,154,1312016Revenue 2017: $7,316,330Expenses 2017: $10,507,664Net Income 2017: -$3,191,3342017Revenue 2018: $17,367,640Expenses 2018: $17,569,922Net Income 2018: -$202,2822018Revenue 2019: $12,439,203Expenses 2019: $11,724,816Net Income 2019: $714,3872019Revenue 2020: $17,916,626Expenses 2020: $16,926,509Net Income 2020: $990,1172020Revenue 2021: $27,199,561Expenses 2021: $17,601,671Net Income 2021: $9,597,8902021Revenue 2022: $17,752,171Expenses 2022: $22,283,698Net Income 2022: -$4,531,5272022Revenue 2023: $11,895,682Expenses 2023: $13,768,320Net Income 2023: -$1,872,6382023

Highlighted filing

2021

Revenue$27,199,561
Expenses$17,601,671
Net Income$9,597,890
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 11, 2022
Return Version
2020v4.1
Gross Receipts
$27,199,561
Mission and Program Overview

Mission

Spark* sf public shcools is a non-profit 501(c)(3)dedicated to building private philanthropic partnerships and financial support for the san francisco unified school district's (sfusd)mission to ensure each and every child receives the quality instruction and equitable support required to thrive inthe 21st century.

SEE SCHEDULE O, PAGE 2

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$10,674,714$9,261,298▼ $1,413,416
Cash and Non-Interest-Bearing Accounts$6,712,893$5,829,274▼ $883,619
Accounts Receivable$259,196$159,196▼ $100,000
Prepaid Expenses and Deferred Charges$31,587$4,836▼ $26,751
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$17,678,390$15,254,604▼ $2,423,786
Other Assets Total$0$0→ $0
Liabilities
Grants Payable$15,181,473$3,135,191▼ $12,046,282
Other Liabilities$356,785$347,196▼ $9,589
Accounts Payable and Accrued Expenses$45,509$90,004▲ $44,495
Deferred Revenue$10,300$0▼ $10,300
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$15,594,067$3,572,391▼ $12,021,676
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,383,870$10,468,846▲ $9,084,976
Net Assets Without Donor Restrictions$700,453$1,213,367▲ $512,914
Total Net Assets Fund Balance$2,084,323$11,682,213▲ $9,597,890
Total Liabilities and Net Assets / Fund Balance$17,678,390$15,254,604▼ $2,423,786
Compensation and Service Providers

Board Members and Trustees

NameTitle
Iris HuChair
Gentle BlythePresident
Amy GraffVice Chair
Cheryl KingDirector
Diana CampoamorDirector
Jared JoinerDirector
Mark ReisbaumDirector
Sylvia YeeDirector
Vincent MatthewsDirector
Myong LeighSecretary
Meghan WallaceTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$27,170,432
Program Service Revenue
$0
Investment Income
$29,129
Other Revenue
$0
All Other Contributions
$27,170,432
Change in Net Assets
$9,597,890

Audited Revenue Reconciliation

Revenue per Audited Statements
$27,199,561
Revenue Not Reported on Form 990
$557,090
Total Revenue per Audited Statements
$27,756,651
Total Revenue per Form 990
$27,199,561
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$17,116,837
Other Expenses$484,834
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$16,968,529--$16,968,529
Fees for Services Other$325,248$29,100-$354,348
Grants to Domestic Individuals$148,308--$148,308
Other Expenses-$38,518-$38,518
Fees for Services Accounting-$36,000-$36,000
Office Expenses-$10,434-$10,434
Insurance-$5,906-$5,906
Fees for Services Legal-$2,099-$2,099
Total Functional Expenses$17,442,085$159,586$0$17,601,671

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$18,158,761
Expenses per Audited Statements$17,601,671
Total Expenses per Form 990$17,601,671
Expenses Not Reported on Form 990$557,090
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
SfusdSan Francisco, CA115To support SFUSD programs$16,968,529
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Party$347,196
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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 A, Line 11B

A copy of the form 990 is provided to all directors of the organization prior to filing. The audit committee who has been charged with the responsibility of reviewing and approving the form 990 on behalf of the board reviews and approves the form 990 prior to it being filed. In addition, management of the organization reviews the completed form 990 and follows up with the tax return preparation firm to answer any questions prior to filing.

form 990, part VI, section B, line 12C

The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy. Upon appointment, each director and executive officer of the organization signs a conflict of interest statement and disclosure form. To ensure the organization operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, the board shall conduct periodic reviews.

form 990, part VI, section B line 15A and 15B COMPENSATION POLICY

The organization does not have any employees. None of the listed individuals received any compensation from the filing organization. During fy21, each was an employee of the san francisco unified school district, a related organization.

form 990, part VI, section C line 19

The governing documents, forms 990 (current and prior three years), and the conflict of interest policy are made available upon written or oral request at the organization's office.

PART VII, SECTION A.1A, column (E) and (F)

Reportable compensation and other compensation from related organizations do not relate to services provided to the organization but rather services provided to the related organization, sfusd, other than as noted below: - gentle blythe contributed 5% of her time in service as president of the spark* sf public schools board of directors at no cost. - myong leigh contributed 0.25% of his time in service as secretary of the spark* sf public schools board of directors at no cost. - meghan wallace contributed 0.25% of her time in service as treasurer of the spark* sf public schools board of directors at no cost. - vincent matthews contributed 0.25% of his time in service as a director of the spark* sf public schools board of directors at no cost.

Filing and Contact Details

Filer

Filer Name
Spark Sf Public Schools
EIN
47-4568396
In Care Of
% COLM HEGARTY
Phone
4152415578
Address
135 VAN NESS AVE Suite 119, SAN FRANCISCO, CA 94102

Signing Officer

Name
gentle blythe
Title
President
Phone
4152416121
Signed
2022-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
gentle blythe
Formed
2015
Legal Domicile
CA
Voting Board Members
11
Independent Board Members
4
Employees
0
Volunteers
11

Preparer

Firm
Seiler Llp
Address
THREE LAGOON DR STE 400, REDWOOD CITY, CA 94065
Preparer
Debra K Mccall
Phone
6503654646
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

Spark* SF Public Schools' mission is to build private financial support and partnerships to support SFUSD's mission and vision in key strategic priority fundraising areas including: Learning, Innovation, Equity, Access, Wellness, and Talent.

Financial Statement Notes

part X, line 2

Gaap requires the organization to evaluate tax positions taken by the organization and recognize a tax liability if the organization has taken an uncertain position that more likely than not would not be sustained upon exanination by the applicable tax authority. The organization has reviewed its tax positions for all open tax years and believes that it has appropriate support for the tax positions taken. Therefore, no liability has been recorded.

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IRS990/GrantsToDomesticOrgsGrp/TotalAmt016968529
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0true
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IRS990/GrossReceiptsAmt027199561
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IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InsuranceGrp/ManagementAndGeneralAmt05906
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IRS990/LocalChaptersInd0false
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IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Spark* SF Public Schools is a non-profit 501(c)(3) dedicated to building private philanthropic partnerships and financial support for the San Francisco Unified School District's (SFUSD) mission to ensure each and every child receives the quality instruction and equitable support required to thrive in the 21st century.
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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01213367
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IRS990/OtherExpensesGrp/Desc1FILING FEES
IRS990/OtherExpensesGrp/Desc2MEALS
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1225
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2273
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt338518
IRS990/OtherExpensesGrp/TotalAmt037031
IRS990/OtherExpensesGrp/TotalAmt1225
IRS990/OtherExpensesGrp/TotalAmt2273
IRS990/OtherExpensesGrp/TotalAmt338518
IRS990/OtherLiabilitiesGrp/BOYAmt0356785
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IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt010674714
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt09261298
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt031587
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04836
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt00
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt027905724
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt012388196
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt017427373
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt07316330
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt082208055
IRS990ScheduleA/TotalSupportAmt082250297
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0557090
IRS990ScheduleD/DonatedServicesUseFcltsAmt0557090
IRS990ScheduleD/ExpensesNotReportedAmt0557090
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IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0347196
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTY
IRS990ScheduleD/RevenueNotReportedAmt0557090
IRS990ScheduleD/RevenueSubtotalAmt027199561
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0GAAP REQUIRES THE ORGANIZATION TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXANINATION BY THE APPLICABLE TAX AUTHORITY. THE ORGANIZATION HAS REVIEWED ITS TAX POSITIONS FOR ALL OPEN TAX YEARS AND BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR THE TAX POSITIONS TAKEN. THEREFORE, NO LIABILITY HAS BEEN RECORDED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0part x, line 2
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IRS990ScheduleD/TotalLiabilityAmt0347196
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IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt027756651
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt018158761
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0148308
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt072
IRS990ScheduleI/RecipientTable/CashGrantAmt016968529
IRS990ScheduleI/RecipientTable/IRCSectionDesc0115
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0To support SFUSD programs

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