Spark Youth
- Assets
- $44.6m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 39
- Location
- Minneapolis, MN
- Founding
- 08/2009
- Data as of
- 08/2023
- EIN
- 80-0331558
Organization Overview
Spark Youth is located in Minneapolis, MN. The organization was established in 2009. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. As of 08/2023, Spark Youth employed 39 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spark Youth 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 08/2023, Spark Youth generated $3.0m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 41.5% each year . All expenses for the organization totaled $5.5m during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SPARY-Y SERVES OVER 1,900 YOUTH DIRECTLY THROUGH SCHOOL PROGRAMMING, COMMUNITY WORKSHOPS, AND INTERNSHIPS. ITS PROGRAMS PAIR HANDS-ON AGRICULTURE SYSTEMS, SUCH AS AQUAPONICS, WITH CUSTOM SUSTAINABILITY, ENTREPRENEURIAL, & STEM-BASED CURRICULUM. SPARY-Y'S URBAN AG. LAB, FEATURING AN ON-SITE COMMERCIAL-SCALE AQUAPONICS SYSTEM, PROVIDES OPPORTUNITIES FOR YOUTH EMPLOYMENT AND SKILLS TRAINING. THE UAL, PAIRED WITH SPARK-Y'S DIY LAB, PROVIDES EQUIPMENT AND RESOURCES FOR YOUTH TO TEST THEIR OWN INNOVATIVE IDEAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPARK-Y PROVIDES 3 MAJOR AREAS OF YOUTH INVOLVEMENT AND EMPOWERMENT: 1) ACTION-ORIENTED LABS IN SCIENCE CLASSROOMS, FOCUSED ON STEM EDUCATION AND JOB PREPARATION. 2) ANNUAL INTERNSHIP ROOTED IN COMMUNITY OUTREACH AND SUSTAINABLE PROJECTS, PROVIDING REAL-WORLD JOB EXPERIENCE AND ACTIVE LEARNING. 3) A YEAR-ROUND URBAN AGRICULTURE LAB, THAT UTILIZES SUSTAINABLE GROWING PRACTICES AND SERVES AS A YOUTH JOB PATH AND BUSINESS FEASIBILITY TEST GROUND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erania Brackett Board Member | Trustee | 1 | $0 |
Jeff Arnesen Board Chair | Trustee | 2 | $0 |
Dan Lieberman Board Member | Trustee | 1 | $0 |
Makenna Short Secretary | OfficerTrustee | 1 | $0 |
Patrick Whannell Board Member | Trustee | 1 | $0 |
Zachary Robinson Executive Director | Officer | 55 | $165,540 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $341,833 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $341,833 |
| Total Program Service Revenue | $2,420,682 |
| Investment income | $235,202 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,997,717 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $165,540 |
| Compensation of current officers, directors, key employees. | $16,554 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $635,251 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $64,814 |
| Fees for services: Management | $104,860 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,538 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $151,673 |
| Advertising and promotion | $11,813 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $42,923 |
| Travel | $1,887 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,377 |
| Interest | $2,784,798 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,019,808 |
| Insurance | $28,617 |
| All other expenses | $0 |
| Total functional expenses | $5,461,510 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $281,315 |
| Savings and temporary cash investments | $4,938,966 |
| Pledges and grants receivable | $101,966 |
| Accounts receivable, net | $271,621 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,734 |
| Net Land, buildings, and equipment | $39,002,498 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,650 |
| Total assets | $44,603,750 |
| Accounts payable and accrued expenses | $77,551 |
| Grants payable | $0 |
| Deferred revenue | $50,000 |
| Tax-exempt bond liabilities | $46,746,027 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $46,873,578 |
| Net assets without donor restrictions | -$2,389,828 |
| Net assets with donor restrictions | $120,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $44,603,750 |