Civic Intelligence

Spark Venture Group Inc

990EZ • Fiscal year 2019 • EIN 82-1715439

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

Organization ProfileN/A
704 West 51 StreetMiami Beach, FL 33140

(305) 981-6139

Siviq Scores

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

Liabilities / Assets

99th percentile

10.77x

Higher debt load relative to assets than 99% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

100th percentile

62.67x

Higher debt load relative to revenue than 100% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

1st percentile

-2514%

Higher net margin than 1% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

94th percentile

150%

Faster asset growth than 94% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Balance Sheet
Liabilities / Assets99th percentile

Assets

Up

$23,282

Up $13,956 (+150%) from 2018

Net Assets

Down

-$227,389

Down $100,555 (-79%) from 2018

Liabilities

Up

$250,671

Up $114,511 (+84%) from 2018

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin1st percentile

Revenue

$4,000

No earlier filing loaded for comparison.

Expenses

Up

$104,555

Up $10,427 (+11%) from 2018

Net Income

-$100,555

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth94th percentile

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

$400K$200K$0-$200K-$400KAssets 2017: $11,600Liabilities 2017: $44,306Net Assets 2017: -$32,7062017Assets 2018: $9,326Liabilities 2018: $136,160Net Assets 2018: -$126,8342018Assets 2019: $23,282Liabilities 2019: $250,671Net Assets 2019: -$227,3892019Assets 2020: $0Net Assets 2020: $02020

Highlighted filing

2019

Assets$23,282
Liabilities$250,671
Net Assets-$227,389
Open 2019 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$200K$100K$0-$100K-$200KExpenses 2017: $32,7062017Expenses 2018: $94,1282018Revenue 2019: $4,000Expenses 2019: $104,555Net Income 2019: -$100,5552019Expenses 2020: $8,4492020

Highlighted filing

2019

Revenue$4,000
Expenses$104,555
Net Income-$100,555
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.1
Gross Receipts
$4,000
Mission and Program Overview

Mission

To provide learning and wellness centers and programs for the community.

Program Services

DescriptionGrantsExpenses
TO PROVIDE LEARNING AND WELLNESS CENTERS AND PROGRAMS FOR THE COMMUNITY.-$104,555
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
NANCY WARSHOFSKYPresidentPT$0--
BELA LAZERSONTreasurer-$0--
SUSANA BAGLIETTOSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Spark Venture Group Inc
EIN
82-1715439
Phone
3059816139
Address
704 WEST 51 STREET, MIAMI BEACH, FL 33140

Signing Officer

Name
Nancy Warshofsky
Title
President
Signed
2020-11-16
Discuss with paid preparer
Yes

Preparer

Firm
David L Wrubel CPA Pa
Address
407 LINCOLN ROAD PH S, MIAMI BEACH, FL 33139
Preparer
David Wrubel CPA
Phone
3056724272
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

“Supplies 730”

Form 990-EZ, Part I, Line 16, Other Expenses

“Depreciation 1,209”

Form 990-EZ, Part I, Line 16, Other Expenses

“INTERNET 2,200”

Form 990-EZ, Part I, Line 16, Other Expenses

“Insurance - general liability 2,180”

Form 990-EZ, Part I, Line 16, Other Expenses

“Printing and reproduction 500”

Form 990-EZ, Part I, Line 16, Other Expenses

“Repairs and maintenance 800”

Form 990-EZ, Part I, Line 16, Other Expenses

“UTILITIES 8,000”

Form 990-EZ, Part I, Line 16, Other Expenses

“WEB HOSTING 120”

Form 990-EZ, Part I, Line 16, Other Expenses

“Payroll processing fees 1,600”

Form 990-EZ, Part II, Line 26, Liabilities

“DUE TO N WARSHOFSKY Beginning of year 136,160, End of year 250,671”

Raw XML Appendix145 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/PersonNm0NANCY WARSHOFSKY
IRS990EZ/BooksInCareOfDetail/PhoneNum03059816139
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0704 WEST 51ST STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MIAMI BEACH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd033140
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt09326
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt023282
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt04000
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-100555
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IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt023282
IRS990EZ/GrossReceiptsAmt04000
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-126834
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-227389
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-126834
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-227389
IRS990EZ/OccupancyRentUtltsAndMaintAmt062400
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0005.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0NANCY WARSHOFSKY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BELA LAZERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SUSANA BAGLIETTO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt017339
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE LEARNING AND WELLNESS CENTERS AND PROGRAMS FOR THE COMMUNITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE LEARNING AND WELLNESS CENTERS AND PROGRAMS FOR THE COMMUNITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0104555
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt06863
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0FL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0136160
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0250671
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt0104555
IRS990EZ/TotalProgramServiceExpensesAmt0104555
IRS990EZ/TotalRevenueAmt04000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04000
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt04000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04000
IRS990ScheduleA/TotalSupportAmt04000
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Supplies 730
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation 1,209
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INTERNET 2,200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INSURANCE - GENERAL LIABILITY 2,180
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PRINTING AND REPRODUCTION 500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5REPAIRS AND MAINTENANCE 800
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6UTILITIES 8,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7WEB HOSTING 120
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8PAYROLL PROCESSING FEES 1,600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9DUE TO N WARSHOFSKY Beginning of year 136,160, End of year 250,671
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part II, Line 26, Liabilities
ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0NANCY WARSHOFSKY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SPARK VENTURE GROUP INC
ReturnHeader/Filer/BusinessNameControlTxt0SPAR
ReturnHeader/Filer/EIN0821715439
ReturnHeader/Filer/PhoneNum03059816139
ReturnHeader/Filer/USAddress/AddressLine1Txt0704 WEST 51 STREET
ReturnHeader/Filer/USAddress/CityNm0MIAMI BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033140
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ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0A0ACC06EE7DF3347FFBF316E0FD8E95050AC6BBC
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0204.195.153.30
ReturnHeader/FilingSecurityInformation/IPDt02020-11-16
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm012:44:32
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DAVID L WRUBEL CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0407 LINCOLN ROAD PH S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MIAMI BEACH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033139
ReturnHeader/PreparerPersonGrp/PhoneNum03056724272
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID WRUBEL CPA
ReturnHeader/ReturnTs02020-11-16T03:44:11-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$23,282
Liabilities
$250,671
Net assets
-$227,389
Revenue
$4,000
Expenses
$104,555
Net income
-$100,555
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.23$2.51$2.27$0.04$1.05$1.01
2018Detailed filing. Detailed filing data is available for this year.$0.09$1.36$1.27$0.94
2017Detailed filing. Detailed filing data is available for this year.$0.12$0.44$0.33$0.33