Civic Intelligence

Sparc Foundation Inc.

EIN 81-3036310 • 501(c)3 • Asheville, NC

Pub. 78 EligibleNTEE P20

Profile

Sparc foundation's mission is to work to keep people out of unnecessary and expensive institutional settings.

225 East Chestnut StreetAsheville, NC 28801

thesparcfoundation.org

Siviq Scores

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

Liabilities / Assets

88th percentile

0.68x

Higher debt load relative to assets than 88% of similar nonprofits.

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

Liabilities / Revenue

53rd percentile

0.09x

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

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

Net Margin

32nd percentile

-3.1%

Higher net margin than 32% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

83rd percentile

27%

Faster asset growth than 83% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

64th percentile

16%

Faster revenue growth than 64% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Assets

Up

$279,955

Up $78,069 (+39%) from 2023

Liabilities

Up

$189,722

Up $52,527 (+38%) from 2023

Net Assets

Up

$90,233

Up $25,542 (+39%) from 2023

Revenue

Up

$2,047,822

Up $14,813 (+0.7%) from 2023

Expenses

Up

$2,112,211

Up $85,512 (+4.2%) from 2023

Net Income

Down

-$64,389

Down $70,699 (-1120%) from 2023

Trend Graphs

Balance Sheet Trend

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

$400K$200K$0-$200KAssets 2017: $15,983Liabilities 2017: $64,695Net Assets 2017: -$48,7122017Assets 2018: $85,550Liabilities 2018: $92,477Net Assets 2018: -$6,9272018Assets 2019: $114,573Liabilities 2019: $90,046Net Assets 2019: $24,5272019Assets 2020: $356,552Liabilities 2020: $326,685Net Assets 2020: $29,8672020Assets 2021: $234,429Liabilities 2021: $115,185Net Assets 2021: $119,2442021Assets 2022: $172,946Liabilities 2022: $114,565Net Assets 2022: $58,3812022Assets 2023: $201,886Liabilities 2023: $137,195Net Assets 2023: $64,6912023Assets 2024: $279,955Liabilities 2024: $189,722Net Assets 2024: $90,2332024

Highlighted filing

2024

Assets$279,955
Liabilities$189,722
Net Assets$90,233

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2017: $901,544Expenses 2017: $950,256Net Income 2017: -$48,7122017Revenue 2018: $1,355,425Expenses 2018: $1,313,640Net Income 2018: $41,7852018Revenue 2019: $1,500,079Expenses 2019: $1,468,625Net Income 2019: $31,4542019Revenue 2020: $1,448,471Expenses 2020: $1,420,449Net Income 2020: $28,0222020Revenue 2021: $1,476,993Expenses 2021: $1,387,616Net Income 2021: $89,3772021Revenue 2022: $1,532,955Expenses 2022: $1,593,818Net Income 2022: -$60,8632022Revenue 2023: $2,033,009Expenses 2023: $2,026,699Net Income 2023: $6,3102023Revenue 2024: $2,047,822Expenses 2024: $2,112,211Net Income 2024: -$64,3892024

Highlighted filing

2024

Revenue$2,047,822
Expenses$2,112,211
Net Income-$64,389

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Sep 24, 2025
Return Version
2023v6.0
Gross Receipts
$2,050,020
Mission and Program Overview

Mission

Sparc foundation's mission is to work to keep people out of unnecessary and expensive institutional settings.

SPARC ignites connections to education, employment, and mentorship to strengthen the well-being and personal freedom of people and families in need.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable-$144,308-
Accounts Receivable$103,333--
Cash and Non-Interest-Bearing Accounts$92,763$86,314▼ $6,449
Prepaid Expenses and Deferred Charges$2,790$5,790▲ $3,000
Total Assets$201,886$279,955▲ $78,069
Other Assets Total$3,000$43,543▲ $40,543
Liabilities
Accounts Payable and Accrued Expenses$72,171$125,086▲ $52,915
Other Liabilities-$39,887-
Unsecured Notes Loans Payable$65,024$24,749▼ $40,275
Total Liabilities$137,195$189,722▲ $52,527
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$64,691$87,477▲ $22,786
Net Assets With Donor Restrictions-$2,756-
Total Net Assets Fund Balance$64,691$90,233▲ $25,542
Total Liabilities and Net Assets / Fund Balance$201,886$279,955▲ $78,069

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$43,543--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jackie LatekExecutive DirectorFT$90,464$90,464

Board Members and Trustees

NameTitle
Lance CrawfordBoard Chair
Brent BaileyBoard Member
Dustiin DowBoard Member
Erika BowmanBoard Member
Jennifer SosterBoard Member
Keynon LakeBoard Member
Lissa BrownBoard Member
Marlo SmithSecretary
Veronica EdwardsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,964,037
Program Service Revenue
$80,014
Investment Income
$0
Other Revenue
$3,771
All Other Contributions
$1,536,223
Change in Net Assets
$-64,389

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,047,822
Revenue Not Reported on Form 990
$2,198
Total Revenue per Audited Statements
$2,050,020
Total Revenue per Form 990
$2,047,822
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,848,580
Other Expenses$263,631
Total Fundraising Expense$42,193
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,516,623$90,125$18,290$1,625,038
Payroll Taxes$99,782$29,269$3,991$133,042
Current Officers, Directors, Trustees, and Key Employees$0$75,115$15,385$90,500
Occupancy$53,783$14,182$3,545$71,510
Fees for Services Accounting$0$36,250$0$36,250
Travel$19,949$5,427$0$25,376
Office Expenses$7,026$13,121$0$20,147
Information Technology$4,489$15,549$0$20,038
Fees for Services Other$14,737$4,075$287$19,099
Insurance$11,174$3,535$190$14,899
Advertising$0$9,269$0$9,269
Other Expenses$0$2,209$0$2,209
Interest$1,974$104$0$2,078
Total Functional Expenses$1,770,719$299,299$42,193$2,112,211

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,114,409
Expenses per Audited Statements$2,112,211
Total Expenses per Form 990$2,112,211
Expenses Not Reported on Form 990$2,198
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$2,744
Gaming Gross Income$2,720
Fundraising Direct Expenses$2,198
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$39,887
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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
Filing and Contact Details

Filer

Filer Name
SPARC Foundation Inc
EIN
81-3036310
Phone
8285523771
Address
225 East Chestnut Street, Asheville, NC 28801

Signing Officer

Name
Jackie Latek
Title
Executive Director
Phone
8285523771
Signed
2025-09-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jackie Latek
Formed
2016
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
9
Employees
55
Volunteers
10

Preparer

Firm
Corliss & Solomon Pllc
Address
242 CHARLOTTE ST SUITE 1, ASHEVILLE, NC 28801
Preparer
Todd Oldenburg
Phone
8282360206
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The 990 is prepared by independent accountants, reviewed by management, presented to the Board for review, proposed revisions and final approval.

Pt VI, Line 12C

The organizations conflict of interest policy is reviewed on an annual basis and enforced as necessary. Any Board Member with a conflict of interest on a specific issue informs the Board and abstains from voting on the issue.

Pt VI, Line 15A

In the annual budgeting process, the Board approves a budget line for aggregate salary expense. Thereafter, individual salaries and salary increases for all employees are determined by the Board based on assessment of performance and regular assessment of comparable salary information for non-profit organizations with similar budgets.

Pt VI, Line 18

The form 1023 and 990 are available upon request. Forms 990 is also available on the IRS website and the websites of many charity watchdog organizations.

Pt XI

The Prior Period Adjustment is due to the current year audit identifying grants receivable from FY23 that had not been previously recorded.

Financial Statement Notes

Pt X, Line 2

Sparc Foundation is exempt from federal income taxes under 501(c)(3) of the Internal Revenue Code. Under the Code, however, income from certain activities not related to the organizations tax-exempt purpose may be subject to taxation as unrelated business income. The organization had no income from unrelated business activities in 2023-24 and was, therefore, not required to file Federal Form 990-T (Exempt Organization Business Income Tax Return). The organization believes that it has appropriate support for all tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.

Pt XI, Line 2D

Fundraising Expenses

Pt XII, Line 2D

Fundraising Expenses

Raw XML AppendixShowing 400 of 468 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt072171
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0125086
IRS990/AccountsReceivableGrp/BOYAmt0103333
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0SPARC ignites connections to education, employment, and mentorship to strengthen the well-being and personal freedom of people and families in need.
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt09269
IRS990/AdvertisingGrp/ProgramServicesAmt00
IRS990/AdvertisingGrp/TotalAmt09269
IRS990/AllOtherContributionsAmt01536223
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0Amy Proffitt
IRS990/BooksInCareOfDetail/PhoneNum08283297264
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt034 Proffitt Lane
IRS990/BooksInCareOfDetail/USAddress/CityNm0Marshall
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd028753
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt092763
IRS990/CashNonInterestBearingGrp/EOYAmt086314
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt015385
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt075115
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt090500
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt07750
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01964037
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0263631
IRS990/CYOtherRevenueAmt03771
IRS990/CYProgramServiceRevenueAmt080014
IRS990/CYRevenuesLessExpensesAmt0-64389
IRS990/CYSalariesCompEmpBnftPaidAmt01848580
IRS990/CYTotalExpensesAmt02112211
IRS990/CYTotalFundraisingExpenseAmt042193
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02047822
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0Family Centered Treatment: Family Centered Treatment (FCT) is an evidence- based model serving families who are at-risk of disruption or who have been disrupted due to parental abuse/neglect. Program goals are focused on increasing safety for children in their home of origin. - 37 Families served - 88% of families completed services successfully (69% maintained children in their home successfully; 19% of families were reunified)
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt02756
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt055
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01770719
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt036250
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt036250
IRS990/FeesForServicesOtherGrp/FundraisingAmt0287
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt04075
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt014737
IRS990/FeesForServicesOtherGrp/TotalAmt019099
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt24.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0Jackie Latek
IRS990/Form990PartVIISectionAGrp/PersonNm1Lance Crawford
IRS990/Form990PartVIISectionAGrp/PersonNm2Veronica Edwards
IRS990/Form990PartVIISectionAGrp/PersonNm3Marlo Smith
IRS990/Form990PartVIISectionAGrp/PersonNm4Brent Bailey
IRS990/Form990PartVIISectionAGrp/PersonNm5Dustiin Dow
IRS990/Form990PartVIISectionAGrp/PersonNm6Lissa Brown
IRS990/Form990PartVIISectionAGrp/PersonNm7Keynon Lake
IRS990/Form990PartVIISectionAGrp/PersonNm8Jennifer Soster
IRS990/Form990PartVIISectionAGrp/PersonNm9Erika Bowman
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt090464
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Member
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02016
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingAmt07750
IRS990/FundraisingDirectExpensesAmt02198
IRS990/FundraisingGrossIncomeAmt02744
IRS990/GamingActivitiesInd0false
IRS990/GamingGrossIncomeAmt02720
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt0420064
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt02050020
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt09
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt015549
IRS990/InformationTechnologyGrp/ProgramServicesAmt04489
IRS990/InformationTechnologyGrp/TotalAmt020038
IRS990/InsuranceGrp/FundraisingAmt0190
IRS990/InsuranceGrp/ManagementAndGeneralAmt03535
IRS990/InsuranceGrp/ProgramServicesAmt011174
IRS990/InsuranceGrp/TotalAmt014899
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt0104
IRS990/InterestGrp/ProgramServicesAmt01974
IRS990/InterestGrp/TotalAmt02078
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0SPARC ignites connections to education, employment, and mentorship to strengthen the well-being and personal freedom of people and families in need.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt064691
IRS990/NetAssetsOrFundBalancesEOYAmt090233
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0546
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0546
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeFromGamingGrp/ExclusionAmt02720
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt02720
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt064691
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt087477
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt03545
IRS990/OccupancyGrp/ManagementAndGeneralAmt014182
IRS990/OccupancyGrp/ProgramServicesAmt053783
IRS990/OccupancyGrp/TotalAmt071510
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt013121
IRS990/OfficeExpensesGrp/ProgramServicesAmt07026
IRS990/OfficeExpensesGrp/TotalAmt020147
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03000
IRS990/OtherAssetsTotalGrp/EOYAmt043543
IRS990/OtherExpensesGrp/Desc0Training
IRS990/OtherExpensesGrp/Desc1Program Supplies
IRS990/OtherExpensesGrp/Desc2Special Events
IRS990/OtherExpensesGrp/Desc3Other Expenses
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt2505
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01069
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt32209
IRS990/OtherExpensesGrp/ProgramServicesAmt017023
IRS990/OtherExpensesGrp/ProgramServicesAmt124159
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt018092
IRS990/OtherExpensesGrp/TotalAmt124159
IRS990/OtherExpensesGrp/TotalAmt2505
IRS990/OtherExpensesGrp/TotalAmt32209
IRS990/OtherLiabilitiesGrp/EOYAmt039887
IRS990/OtherRevenueMiscGrp/BusinessCd0990099
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous Revenue
IRS990/OtherRevenueMiscGrp/ExclusionAmt0505
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0505
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt0505
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt018290
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt090125
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01516623
IRS990/OtherSalariesAndWagesGrp/TotalAmt01625038
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt03991
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt029269
IRS990/PayrollTaxesGrp/ProgramServicesAmt099782
IRS990/PayrollTaxesGrp/TotalAmt0133042
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0144308
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02790
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05790
IRS990/PrincipalOfficerNm0Jackie Latek
IRS990/PriorPeriodAdjustmentsAmt089931
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0624190
IRS990/ProgramServiceRevenueGrp/Desc0Client Services
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt080014
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgSrvcAccomActy2Grp/Desc0Domestic Violence Intervention Program: The DVIP provides a 26-week evidence- based curriculum, receiving referrals from the courts, DSS, other agencies and self-referrals. This curriculum provides psycho-education about coercion, power, and control and is focused on offender accountability. - 241 individuals served - Less than 1% of participants were rearrested for a DV related incident - 50 trauma therapy sessions were provided to participants
IRS990/ProgSrvcAccomActy3Grp/Desc0Community Violence Prevention: The PEACE Team addresses the root causes of violence by engaging youth, adults and the elderly in creating healing, empowerment, community cohesion and collective efficacy. Individual support is provided in the areas of economic stability, education access, and healthcare access to improve quality of life and wellness for those served. Community-wide engagement events raise awareness, build networks, empower residents, and mobilize resources. - Events such as a Gun Buy Back and Vigil for those impacted by gun violence, and 48 Hours of Peace & Unity brought hundreds of community members together to provide support, healing, and awareness. - Monthly support groups provided emotional regulation & resiliency support to mothers who have lost children to gun violence. - 61 Individuals received one on one support in areas of employment, re-entry, transportation, sobriety, food security and mentorship.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02015316
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0387664
IRS990/PYOtherRevenueAmt017693
IRS990/PYRevenuesLessExpensesAmt06310
IRS990/PYSalariesCompEmpBnftPaidAmt01639035
IRS990/PYTotalExpensesAmt02026699
IRS990/PYTotalRevenueAmt02033009
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-64389
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt080014
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10 Description: Other Income 2022: 17693. 2023: 505.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01964037
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02015319
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01562955
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01476838
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01408285
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08427434
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0147921
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0505
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt017693
IRS990ScheduleA/OtherIncome170Grp/TotalAmt018198
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99780
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.99790
IRS990ScheduleA/PublicSupportTotal170Amt08427434
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01964037
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02015319
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01562955
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01476838
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01408285
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08427434
IRS990ScheduleA/TotalSupportAmt08445632
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/ExpensesNotReportedAmt02198
IRS990ScheduleD/ExpensesSubtotalAmt02112211
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt043543
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Right-of-Use Asset
IRS990ScheduleD/OtherExpensesIncludedAmt02198
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt039887
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Lease Liability
IRS990ScheduleD/OtherRevenueAmt02198
IRS990ScheduleD/RevenueNotReportedAmt02198
IRS990ScheduleD/RevenueSubtotalAmt02047822
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Sparc Foundation is exempt from federal income taxes under 501(c)(3) of the Internal Revenue Code. Under the Code, however, income from certain activities not related to the organizations tax-exempt purpose may be subject to taxation as unrelated business income. The organization had no income from unrelated business activities in 2023-24 and was, therefore, not required to file Federal Form 990-T (Exempt Organization Business Income Tax Return). The organization believes that it has appropriate support for all tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Fundraising Expenses
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Fundraising Expenses
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt XI, Line 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt XII, Line 2d
IRS990ScheduleD/TotalBookValueOtherAssetsAmt043543
IRS990ScheduleD/TotalExpensesPerForm990Amt02112211
IRS990ScheduleD/TotalLiabilityAmt039887
IRS990ScheduleD/TotalRevenuePerForm990Amt02047822
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02050020
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02114409
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The 990 is prepared by independent accountants, reviewed by management, presented to the Board for review, proposed revisions and final approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organizations conflict of interest policy is reviewed on an annual basis and enforced as necessary. Any Board Member with a conflict of interest on a specific issue informs the Board and abstains from voting on the issue.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2In the annual budgeting process, the Board approves a budget line for aggregate salary expense. Thereafter, individual salaries and salary increases for all employees are determined by the Board based on assessment of performance and regular assessment of comparable salary information for non-profit organizations with similar budgets.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The form 1023 and 990 are available upon request. Forms 990 is also available on the IRS website and the websites of many charity watchdog organizations.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Prior Period Adjustment is due to the current year audit identifying grants receivable from FY23 that had not been previously recorded.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt XI
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0201886
IRS990/TotalAssetsEOYAmt0279955
IRS990/TotalAssetsGrp/BOYAmt0201886
IRS990/TotalAssetsGrp/EOYAmt0279955
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01964037
IRS990/TotalEmployeeCnt055
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt042193
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0299299

Document Assets

No mirrored PDF or thumbnail assets are attached yet.