Civic Intelligence

Sparrows Nest Inc.

990EZ • Fiscal year 2022 • EIN 56-2274692

Jan 01, 2022 to Dec 31, 2022 • Filed on May 14, 2023

908 A N Josephine Boyd StGreensboro, NC 27408

(336) 549-0146

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • NTEE O • <$500k nonprofits • Source year 2022

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • NTEE O • <$500k nonprofits • Source year 2022

Net Margin

79th percentile

33%

Higher net margin than 79% of similar nonprofits.

2022 filings • NTEE O • <$500k nonprofits • Source year 2022

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • NTEE O • <$500k nonprofits • Source year 2022

Asset Growth

92nd percentile

168%

Faster asset growth than 92% of similar nonprofits.

2022 filings • NTEE O • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

74th percentile

70%

Faster revenue growth than 74% of similar nonprofits.

2022 filings • NTEE O • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$97,102

Up $60,907 (+168%) from 2021

Net Assets

Up

$97,102

Up $60,907 (+168%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Up

$182,263

Up $75,018 (+70%) from 2021

Expenses

Up

$122,256

Up $33,396 (+38%) from 2021

Net Income

Up

$60,007

Up $41,622 (+226%) from 2021

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2015: $21,657Liabilities 2015: $02015Assets 2017: $44,880Liabilities 2017: $02017Assets 2018: $51,370Liabilities 2018: $02018Assets 2019: $4,345Liabilities 2019: $02019Assets 2020: $16,310Liabilities 2020: $0Net Assets 2020: $16,3102020Assets 2021: $36,195Liabilities 2021: $0Net Assets 2021: $36,1952021Assets 2022: $97,102Liabilities 2022: $0Net Assets 2022: $97,1022022Assets 2023: $121,988Liabilities 2023: $0Net Assets 2023: $121,9882023Assets 2024: $181,594Liabilities 2024: $0Net Assets 2024: $181,5942024

Highlighted filing

2022

Assets$97,102
Liabilities$0
Net Assets$97,102

Operations Trend

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

$200K$150K$100K$50K$0Revenue 2015: $53,349Expenses 2015: $44,249Net Income 2015: $9,1002015Revenue 2017: $75,614Expenses 2017: $40,168Net Income 2017: $35,4462017Revenue 2018: $65,795Expenses 2018: $62,207Net Income 2018: $3,5882018Revenue 2019: $65,895Expenses 2019: $60,221Net Income 2019: $5,6742019Revenue 2020: $81,025Expenses 2020: $68,411Net Income 2020: $12,6142020Revenue 2021: $107,245Expenses 2021: $88,860Net Income 2021: $18,3852021Revenue 2022: $182,263Expenses 2022: $122,256Net Income 2022: $60,0072022Revenue 2023: $180,751Expenses 2023: $156,765Net Income 2023: $23,9862023Revenue 2024: $124,590Expenses 2024: $64,984Net Income 2024: $59,6062024

Highlighted filing

2022

Revenue$182,263
Expenses$122,256
Net Income$60,007
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 14, 2023
Return Version
2022v5.0
Gross Receipts
$190,871
Mission and Program Overview

Mission

Leadership and mentoring program for middle and high school males

Program Services

DescriptionGrantsExpenses
Suit purchases(uniforms)-Students completing the first year of the program receive a full black suit. We also replace and alter the suits of current members until they graduate. All members earned an average of 90 Service Learning hours within the school year.$9,168$9,168
Students were provided with curriculum to assist in the development of a small owned business. Eight teams developed small business concepts and presented to a panel of judges.$5,000$5,000
First Saturdays were developed for community outreach. These Saturdays included fresh baked goods delivered to first responders, creating crafts for nursing home residents, providing food for over 500 food insecure families through weekly giveaways and an external food pantry.$3,000$3,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mike MatzingerChairman-$0--
Dr Alvin PowellVice Chairman-$0--
Carmela JeffersSecretary Treasurer-$0--
Jane RussellMember-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
The Grand Entrance$51,408$51,408$0$51,408
Total Events$51,408$51,408$40,107$11,301
Filing and Contact Details

Filer

Filer Name
Sparrows Nest Inc
EIN
56-2274692
Phone
3365490146
Address
908 A N Josephine Boyd St, Greensboro, NC 27408

Signing Officer

Name
Evainna Ross
Title
Executive Director
Phone
3365490146
Signed
2023-05-14
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

Description;Amount^Liability Insurance;602|Internet Wifi;1654|Field Trips;16999|Uniforms Suits;14144|Youth Incentives;3968|Food;16563|Scholarships;4514|Marketing;4018|Storage Unit;951|Auto Repairs;773|Gas;2620|Vehicle Insurance;1097|Materials Labor;11995|Payroll Processing;1505^Total;81403^

Form 990-EZ, Part I, Line 20

Depreciation 2000 Ford Explorer

Form 990-EZ, Part II, Line 24

2000 Ford Explorer $900 (Depreciation Value)

Raw XML Appendix195 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Greensboro
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IRS990EZ/OperateHospitalInd00
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IRS990EZ/OrganizationDissolvedEtcInd00
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IRS990EZ/OtherChangesInNetAssetsAmt0900
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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Leadership and mentoring program for middle and high school males
IRS990EZ/PrintingPublicationsPostageAmt0126
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Students were provided with curriculum to assist in the development of a small owned business. Eight teams developed small business concepts and presented to a panel of judges.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1First Saturdays were developed for community outreach. These Saturdays included fresh baked goods delivered to first responders, creating crafts for nursing home residents, providing food for over 500 food insecure families through weekly giveaways and an external food pantry.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Suit purchases(uniforms)-Students completing the first year of the program receive a full black suit. We also replace and alter the suits of current members until they graduate. All members earned an average of 90 Service Learning hours within the school year.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt05000
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt13000
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt29168
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt05000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt13000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt29168
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt00
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IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt00
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IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt035000
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;Amount^Liability Insurance;602|Internet Wifi;1654|Field Trips;16999|Uniforms Suits;14144|Youth Incentives;3968|Food;16563|Scholarships;4514|Marketing;4018|Storage Unit;951|Auto Repairs;773|Gas;2620|Vehicle Insurance;1097|Materials Labor;11995|Payroll Processing;1505^Total;81403^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation 2000 Ford Explorer
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22000 Ford Explorer $900 (Depreciation Value)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 24
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Evainna Ross
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum03365490146
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SPARROWS NEST INC
ReturnHeader/Filer/BusinessNameControlTxt0SPAR
ReturnHeader/Filer/EIN0562274692
ReturnHeader/Filer/PhoneNum03365490146
ReturnHeader/Filer/USAddress/AddressLine1Txt0908 A N Josephine Boyd St
ReturnHeader/Filer/USAddress/CityNm0Greensboro
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027408
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02023-05-15T19:41:37-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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Filings