Civic Intelligence

Spark Photonics Foundation Inc.

990EZ • Fiscal year 2021 • EIN 83-3595839

Jan 01, 2021 to Dec 31, 2021 • Filed on May 13, 2022

303 Wyman Street Suite 300Waltham, MA 02451

(617) 519-6050

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

73rd percentile

28%

Higher net margin than 73% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

85th percentile

$21,405

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 26.6% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

100th percentile

18835%

Faster asset growth than 100% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2020 to 2021

Assets

Up

$15,337

Up $15,256 (+18835%) from 2020

Net Assets

Up

$15,337

Up $22,780 (+306%) from 2020

Liabilities

Down

$0

Down $7,524 (-100%) from 2020

Revenue

Up

$80,611

Up $80,611 from 2020

Expenses

Up

$57,831

Up $56,211 (+3470%) from 2020

Net Income

Up

$22,780

Up $24,400 (+1506%) from 2020

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0-$50KAssets 2019: $100Liabilities 2019: $5,923Net Assets 2019: -$5,8232019Assets 2020: $81Liabilities 2020: $7,524Net Assets 2020: -$7,4432020Assets 2021: $15,337Liabilities 2021: $0Net Assets 2021: $15,3372021Assets 2022: $142,287Liabilities 2022: $0Net Assets 2022: $142,2872022Assets 2023: $148,723Liabilities 2023: $1,039Net Assets 2023: $147,6842023Assets 2024: $170,834Liabilities 2024: $3,372Net Assets 2024: $167,4622024

Highlighted filing

2021

Assets$15,337
Liabilities$0
Net Assets$15,337

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2019: $100Expenses 2019: $5,923Net Income 2019: -$5,8232019Revenue 2020: $0Expenses 2020: $1,620Net Income 2020: -$1,6202020Revenue 2021: $80,611Expenses 2021: $57,831Net Income 2021: $22,7802021Revenue 2022: $302,800Expenses 2022: $175,850Net Income 2022: $126,9502022Revenue 2023: $298,800Expenses 2023: $293,403Net Income 2023: $5,3972023Revenue 2024: $461,859Expenses 2024: $442,081Net Income 2024: $19,7782024

Highlighted filing

2021

Revenue$80,611
Expenses$57,831
Net Income$22,780
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 13, 2022
Return Version
2021v4.2
Gross Receipts
$80,611
Mission and Program Overview

Mission

To promote scientific innovation in the field of photonics through supporting education and research and development, and to develop an integrated photonics ecosystem as a resource for industry leader, startups, and educational institutions.

To promote scientific innovation in the field of photonics through supporting education and reseach and development, and to develop an integrated photonics ecosystem as a resource for industry leaders, start-ups and educational institutions

Program Services

DescriptionGrantsExpenses
PROMOTION OF SCIENTIFIC INNOVATION$70,611$28,298
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KEVIN MCCOMBERSecretary, DirectorPT$21,405-$21,405
AL KAPOORPresident, Director-$0--
YI QIANDirector-$0--
MARC HURLBUTTreasuer-$0--
Filing and Contact Details

Filer

Filer Name
Spark Photonics Foundation Inc
EIN
83-3595839
Phone
6175196050
Address
303 WYMAN STREET SUITE 300, WALTHAM, MA 02451

Signing Officer

Name
Kevin Mccomber
Title
Secretary
Phone
6175196050
Signed
2022-05-13
Discuss with paid preparer
Yes

Preparer

Firm
Caras & Shulman Pc
Address
78 BLANCHARD RD STE 306, BURLINGTON, MA 01803
Preparer
Caras Shulman Pc
Phone
7812733950
Supplemental Narrative

Additional Explanations

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

Description: meals and entertainment. Amount: 85. Description: office supplies. Amount: 1,972. Description: travel. Amount: 778. Description: dues and subscriptions. Amount: 344. Description: payroll tax and expenses. Amount: 2,369. Description: telephone. Amount: 70. Description: miscellaneous. Amount: 3,390. Description: advertising and promotion. Amount: 53. Description: payroll processing fees. Amount: 81. Description: trademark filing fees. Amount: 450. Total to form 990-ez, line 16: 9,592.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: loan from related party. Beg. Of year amount: 7,524. End of year amount: 0.

Raw XML Appendix149 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KEVIN MCCOMBER
IRS990EZ/BooksInCareOfDetail/PhoneNum06175196050
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt019 APPLETON STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WALTHAM
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002453
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt081
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IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
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IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-7443
IRS990EZ/NetAssetsOrFundBalancesEOYAmt015337
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-7443
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt015337
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt216.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt221405
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0AL KAPOOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1YI QIAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KEVIN MCCOMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MARC HURLBUT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT, DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY, DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASUER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt09592
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE SCIENTIFIC INNOVATION IN THE FIELD OF PHOTONICS THROUGH SUPPORTING EDUCATION AND RESEACH AND DEVELOPMENT, AND TO DEVELOP AN INTEGRATED PHOTONICS ECOSYSTEM AS A RESOURCE FOR INDUSTRY LEADERS, START-UPS AND EDUCATIONAL INSTITUTIONS
IRS990EZ/PrintingPublicationsPostageAmt0683
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROMOTION OF SCIENTIFIC INNOVATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt070611
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt028298
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SchoolOperatingInd00
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IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt057831
IRS990EZ/TotalProgramServiceExpensesAmt028298
IRS990EZ/TotalRevenueAmt080611
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0100
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt080711
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt080611
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0100
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt080711
IRS990ScheduleA/TotalSupportAmt080711
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/ExplanationTxt0DESCRIPTION: MEALS AND ENTERTAINMENT. AMOUNT: 85. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 1,972. DESCRIPTION: TRAVEL. AMOUNT: 778. DESCRIPTION: DUES AND SUBSCRIPTIONS. AMOUNT: 344. DESCRIPTION: PAYROLL TAX AND EXPENSES. AMOUNT: 2,369. DESCRIPTION: TELEPHONE. AMOUNT: 70. DESCRIPTION: MISCELLANEOUS. AMOUNT: 3,390. DESCRIPTION: ADVERTISING AND PROMOTION. AMOUNT: 53. DESCRIPTION: PAYROLL PROCESSING FEES. AMOUNT: 81. DESCRIPTION: TRADEMARK FILING FEES. AMOUNT: 450. TOTAL TO FORM 990-EZ, LINE 16: 9,592.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: LOAN FROM RELATED PARTY. BEG. OF YEAR AMOUNT: 7,524. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KEVIN MCCOMBER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum06175196050
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SPARK PHOTONICS FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0SPAR
ReturnHeader/Filer/EIN0833595839
ReturnHeader/Filer/PhoneNum06175196050
ReturnHeader/Filer/USAddress/AddressLine1Txt0303 WYMAN STREET SUITE 300
ReturnHeader/Filer/USAddress/CityNm0WALTHAM
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ReturnHeader/Filer/USAddress/ZIPCd002451
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042629080
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CARAS & SHULMAN PC
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ReturnHeader/PreparerPersonGrp/PhoneNum07812733950
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CARAS SHULMAN PC
ReturnHeader/ReturnTs02022-05-13T15:21:49-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KEVIN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MCCOMBER
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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Filings