Sparks Foundation
- Assets
- $5.2m
- Revenue
- -$114.8k
- Investments
- $2.7m
- Employees
- 0
- Location
- Columbia, TN
- Founding
- 12/2003
- Data as of
- 12/2022
- EIN
- 23-7029788
Organization Overview
Sparks Foundation is located in Columbia, TN. The organization was established in 2003. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sparks Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2014, Sparks Foundation has awarded 107 individual grants totaling $1,358,877. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $22,275 |
| Dividends & Interest | $40,528 |
| Net Rental Income | $110 |
| Net Gain on Sale of Assets | -$177,690 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$114,777 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $45,551 |
| Total operating and administrative expenses | $52,271 |
| Contributions, gifts, grants paid | $241,500 |
| Total expenses and disbursements | $293,771 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,121,437 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $100,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $248,274 |
| Total assets | $5,178,287 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Sparks Foundation has awarded $241,500 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY FOUNDATION OF GREATER MEM PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION TO STRENGTHEN AND IMPROVE THE CITY OF MEMPHIS AND THE VICINITY THROUGH PHILANTHROPY. | $50,000 |
VICTORY CHURCH PURPOSE: TO SUPPORT THE CHURCH'S MISSION TO CHANGE THE WORLD BY HELPING PEOPLE FIND AND FOLLOW JESUS | $10,000 |
GARY SINISE FOUNDATION PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION TO SERVE THE NATION BY HONORING ITS DEFENDERS, VETERANS, 1ST RESPONDERS, THEIR FAMILIES AND THOSE IN NEED. | $10,000 |
OHER FOUNDATION PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION TO PROVIDE INDIVIDUALS BOTH IN NEED AND DISADVANTAGED, WITH EMPOWERING OPPORTUNITIES THAT ENRICH THEIR LIVES, AND PROVIDE A MECHANISM FOR HIGHER EDUCATION AND HEALTHY LIVING BY ADDRESSING THEIR OBSTACLES AND FINDIND SOLUTIONS. | $50,000 |
CONGRESSIONAL SPORTSMEN'S FOUNDATIO PURPOSE: TO SUPPORT THE ORGANIZATION'S WORK WITH CONGRESS TO ADVANCE HUNTING, ANGLING, RECREATIONAL SHOOTING AND TRAPPING | $10,000 |
HARVEST CHURCH PURPOSE: TO SUPPORT THE CHURCH'S MISSION TO WORSHIP GOD TOGETHER AND MAKE DISCIPLES OF JESUS CHRIST. | $10,000 |