Inner Spark Foundation
Inner Spark Foundation maintains strong asset growth and zero executive compensation amidst fluctuating revenues.
EIN: 205702918 · Weston, MA · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $652K |
| Total Expenses | $391K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $8 |
| Net Assets | $8.6M |
| Transparency Score | 92/100 |
Is Inner Spark Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Inner Spark Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Inner Spark Foundation
Inner Spark Foundation (EIN: 205702918) is a nonprofit organization based in Weston, MA, classified under NTEE code T20. The organization reported total revenue of $652K and total assets of $10.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Inner Spark Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Inner Spark Foundation is a small nonprofit that has been operating for 17 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $421K |
| Total Expenses | $391K |
| Surplus / Deficit | +$30K |
| Total Assets | $8.6M |
| Total Liabilities | $1 |
| Net Assets | $8.6M |
| Operating Margin | 7.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 263.7 months |
Financial Health Grade: A
In 2023, Inner Spark Foundation reported a surplus of $30K with revenue exceeding expenses, holds 263.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Inner Spark Foundation's revenue has grown at a compound annual growth rate (CAGR) of 9.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +80.7% | -20.1% | +9.8% |
| 2022 | -11.1% | +8.5% | -17.4% |
| 2021 | +330.8% | +48.2% | +43.8% |
| 2020 | -82.4% | -14.2% | +2.7% |
| 2019 | +151.4% | +31.1% | +23.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Inner Spark Foundation with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Inner Spark Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $30K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filing periods, indicating a volunteer-led or very lean leadership structure, which is highly efficient for an organization of its size with assets exceeding $8 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Inner Spark Foundation's IRS 990 filings:
- Fluctuating annual revenues could indicate reliance on inconsistent funding sources.
Strengths
The following positive indicators were identified for Inner Spark Foundation:
- Consistent asset growth from $3.9M to $8.5M over 12 years.
- Zero officer compensation reported across all filing periods, indicating high efficiency.
- Very low liabilities consistently maintained, demonstrating strong financial management.
- Consistent IRS 990 filing history, indicating good transparency.
- Positive net income in the latest filing period (202306: Revenue $420,823 vs. Expenses $391,230).
Frequently Asked Questions about Inner Spark Foundation
Is Inner Spark Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Inner Spark Foundation (EIN: 205702918) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Inner Spark Foundation spend its money?
Inner Spark Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Inner Spark Foundation tax-deductible?
Inner Spark Foundation is registered as a tax-exempt nonprofit (EIN: 205702918). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Inner Spark Foundation CEO make?
Inner Spark Foundation's highest-compensated officer earns $8 annually. The organization reported $652K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Inner Spark Foundation's spending goes to programs?
Inner Spark Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Inner Spark Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Inner Spark Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Inner Spark Foundation located?
Inner Spark Foundation is headquartered in Weston, Massachusetts and files with the IRS under EIN 205702918. It is classified under NTEE code T20.
How many years of IRS 990 filings does Inner Spark Foundation have?
Inner Spark Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $652K in total revenue.
Is Inner Spark Foundation a good charity?
Based on the available data, Inner Spark Foundation appears to be a good charity. It demonstrates strong financial health with growing assets, very low liabilities, and a remarkable commitment to efficiency by reporting 0% officer compensation across all filings. This suggests that donor funds are likely directed almost entirely to its mission.
How has Inner Spark Foundation's financial health changed over time?
Inner Spark Foundation's financial health has generally improved over time, particularly in terms of asset growth, which increased from $3,983,357 in 2011 to $8,595,711 in 2023. While annual revenues and expenses have fluctuated, the organization has consistently maintained low liabilities, indicating sound financial management.
What is the trend in Inner Spark Foundation's revenue?
Inner Spark Foundation's revenue has shown significant fluctuation over the years, ranging from a low of $52,427 in 2012 to a high of $652,150 (latest reported) and $420,823 in 2023. Despite these variations, the organization has managed to grow its asset base consistently.
Filing History
IRS 990 filing history for Inner Spark Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Inner Spark Foundation's revenue has grown by 183%, moving from $149K to $421K. Total assets increased by 115.8% over the same period, from $4.0M to $8.6M. Total functional expenses rose by 185%, from $137K to $391K. In its most recent filing year (2023), Inner Spark Foundation reported a surplus of $30K, with revenue exceeding expenses. The organization holds $1 in liabilities against $8.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $8.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $421K | $391K | $8.6M | $1 | — | — |
| 2022 | $233K | $490K | $7.8M | $27K | — | View 990 |
| 2021 | $262K | $451K | $9.5M | $1 | — | — |
| 2020 | $61K | $305K | $6.6M | $1 | — | — |
| 2019 | $346K | $355K | $6.4M | $2K | — | View 990 |
| 2015 | $138K | $271K | $5.2M | $0 | — | View 990 |
| 2014 | $140K | $226K | $5.3M | $25K | — | View 990 |
| 2013 | $113K | $184K | $4.5M | $0 | — | View 990 |
| 2012 | $52K | $165K | $3.9M | $101 | — | View 990 |
| 2011 | $149K | $137K | $4.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $421K, expenses of $391K, and assets of $8.6M (revenue +80.7% year-over-year).
- 2022: Revenue of $233K, expenses of $490K, and assets of $7.8M (revenue -11.1% year-over-year).
- 2021: Revenue of $262K, expenses of $451K, and assets of $9.5M (revenue +330.8% year-over-year).
- 2020: Revenue of $61K, expenses of $305K, and assets of $6.6M (revenue -82.4% year-over-year).
- 2019: Revenue of $346K, expenses of $355K, and assets of $6.4M (revenue +151.4% year-over-year).
- 2015: Revenue of $138K, expenses of $271K, and assets of $5.2M (revenue -1.4% year-over-year).
- 2014: Revenue of $140K, expenses of $226K, and assets of $5.3M (revenue +23.5% year-over-year).
- 2013: Revenue of $113K, expenses of $184K, and assets of $4.5M (revenue +115.8% year-over-year).
- 2012: Revenue of $52K, expenses of $165K, and assets of $3.9M (revenue -64.7% year-over-year).
- 2011: Revenue of $149K, expenses of $137K, and assets of $4.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Inner Spark Foundation:
Data Sources and Methodology
This transparency report for Inner Spark Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.