Sparkshare Inc
- Assets
- $153.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Boston, MA
- Founding
- 08/2017
- Data as of
- 12/2022
- EIN
- 81-4004922
Organization Overview
Sparkshare Inc is located in Boston, MA. The organization was established in 2017. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sparkshare Inc 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 12/2022, Sparkshare Inc generated $164.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $163.8k during the year ending 12/2022. While expenses have increased by 6.4% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Program Activity:
Part 3
SPARKSHARE EMPOWERS YOUTH LEADERS WITH THE CONNECTIONS, EXPERIENCES, AND SKILLS THEY NEED TO TRANSFORM THEIR COMMUNITIES. WE ENVISION THE NEXT GENERATION OF PROBLEM SOLVERS WHO COME TOGETHER ACROSS DIFFERENCES TO CATALYZE THE POSITIVE CHANGE THEY SEEK IN THEIR COMMUNITITES AND THE WORLD. WE ARE A GROWING NETWORK COMMUNITY OF TEAMS OF HIGH-SCHOOL AGE YOUTH, AND ORGANIZATIONS SEEKING TO PARTNER WITH YOUTH TO SUPPORT POSITIVE CHANGE. OUR YOUTH CHAMPION THE CHANGES THAT MATTER TO THEM, TAKING ON ISSUES FROM RACIAL INJUSTICE TO MENTAL WELLNESS, FOOD INSECURITY TO SUBSTANCE USE AND MORE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maicharia Weir Lytle Chairperson & Director | 0 | $0 | |
Evan Harrel Treasurer & Director | 0 | $0 | |
Neil Silverston Executive Director & Direc | 40 | $37,692 | |
Marsha Alperin Director | 0 | $0 | |
Stephen Spaloss Director | 0 | $0 | |
Ben Lund Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $164,194 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $164,194 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $128,301 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $7,937 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $27,602 |
| Total expenses | $163,840 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $139,666 |
| Other assets | $0 |
| Total assets | $153,500 |
| Total liabilities | $87,600 |
| Net assets or fund balances | $65,900 |