Sparkles Foundation Inc
- Assets
- $34.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Diego, CA
- Founding
- Data as of
- 12/2023
- EIN
- 88-3255355
Organization Overview
Sparkles Foundation Inc is located in San Diego, CA. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sparkles Foundation 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 12/2023, Sparkles Foundation Inc generated $140.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (10.0%) each year. All expenses for the organization totaled $152.5k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
FUND RAISING ACTIVITY AS CHILDREN FASHION SHOW85% PROFITS DONATED TO THE 5 ORGANIZATIONS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Kassardjian CEO | 20 | $0 | |
Nora Balmer Secretary | 5 | $0 | |
Rita Kanberian Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $140,558 |
| 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 | $140,558 |
| 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 | $5,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $4,334 |
| Other expenses | $43,126 |
| Total expenses | $152,460 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,061 |
| Other assets | $0 |
| Total assets | $34,536 |
| Total liabilities | $19,159 |
| Net assets or fund balances | $15,377 |