Nicholas Sparks Foundation is located in New Bern, NC. The organization was established in 2011. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. As of 12/2020, Nicholas Sparks Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nicholas 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.
For the year ending 12/2020, Nicholas Sparks Foundation generated $96.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (35.9%) each year. All expenses for the organization totaled $69.6k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (39.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
SUPPORTING GLOBAL TRAVEL AND LEARNING OPPORTUNITIES AND THE DEVELOPMENT OF GLOBALLY FOCUSED CURRICULUM AT THE EPIPHANY SCHOOL OF GLOBAL STUDIES.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
Nicholas Sparks Chairman  | 2 | $0 | |
Emily Sweet Secretary/treasurer  | 2 | $0 | |
Michael Smith Director  | 2 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,875 | 
| Total Program Service Revenue | $82,350 | 
| Membership dues | $0 | 
| Investment income | $0 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $96,225 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $0 | 
| Salaries, other compensation, and employee benefits | $0 | 
| Professional fees and other payments to independent contractors | $6,825 | 
| Occupancy, rent, utilities, and maintenance | $14,705 | 
| Printing, publications, postage, and shipping | $185 | 
| Other expenses | $2,881 | 
| Total expenses | $69,596 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,393 | 
| Other assets | $0 | 
| Total assets | $31,393 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $31,393 |