Spark Development Network Inc
EIN: 453936247 · Peoria, AZ · NTEE: B990
| Metric | Value |
|---|---|
| Total Revenue | $6.9M |
| Total Expenses | $4.6M |
| Net Assets | $2.8M |
Is Spark Development Network Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Spark Development Network Inc
Spark Development Network Inc (EIN: 453936247) is a nonprofit organization based in Peoria, AZ, classified under NTEE code B990. The organization reported total revenue of $6.9M and total assets of $5.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Spark Development Network Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Spark Development Network Inc is a mid-size nonprofit that has been operating for 13 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 57.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.5M |
| Total Expenses | $4.6M |
| Surplus / Deficit | +$944K |
| Total Assets | $2.9M |
| Total Liabilities | $94K |
| Net Assets | $2.8M |
| Operating Margin | 17.1% |
| Debt-to-Asset Ratio | 3.3% |
| Months of Reserves | 7.5 months |
Financial Health Grade: A
In 2023, Spark Development Network Inc reported a surplus of $944K with revenue exceeding expenses, holds 7.5 months of operating reserves (strong position), has a debt-to-asset ratio of 3.3% (very low leverage).
Financial Trends
Over 9 years of filings (2015–2023), Spark Development Network Inc's revenue has grown at a compound annual growth rate (CAGR) of 57.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.3% | -17.0% | +56.0% |
| 2022 | +63.1% | +90.3% | +1.5% |
| 2021 | +59.1% | +25.4% | +38.4% |
| 2020 | -4.3% | +41.6% | -11.8% |
| 2019 | +49.7% | +38.1% | +67.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Spark Development Network Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Spark Development Network Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $944K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.3%.
Frequently Asked Questions about Spark Development Network Inc
Is Spark Development Network Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Spark Development Network Inc (EIN: 453936247) insufficient data. 0 red flags identified, 0 strengths noted.
How does Spark Development Network Inc spend its money?
Detailed spending breakdown data is not yet available for Spark Development Network Inc. Check back for updated IRS 990 analysis.
Are donations to Spark Development Network Inc tax-deductible?
Spark Development Network Inc is registered as a tax-exempt nonprofit (EIN: 453936247). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Spark Development Network Inc located?
Spark Development Network Inc is headquartered in Peoria, Arizona and files with the IRS under EIN 453936247. It is classified under NTEE code B990.
How many years of IRS 990 filings does Spark Development Network Inc have?
Spark Development Network Inc has 9 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 $6.9M in total revenue.
Filing History
IRS 990 filing history for Spark Development Network Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Spark Development Network Inc's revenue has grown by 3743.4%, moving from $144K to $5.5M. Total assets increased by 3937.4% over the same period, from $71K to $2.9M. Total functional expenses rose by 5821.5%, from $77K to $4.6M. In its most recent filing year (2023), Spark Development Network Inc reported a surplus of $944K, with revenue exceeding expenses. The organization holds $94K in liabilities against $2.9M in assets (debt-to-asset ratio: 3.3%), resulting in net assets of $2.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.5M | $4.6M | $2.9M | $94K | — | — |
| 2022 | $5.5M | $5.5M | $1.8M | $8K | — | — |
| 2021 | $3.4M | $2.9M | $1.8M | $5K | — | View 990 |
| 2020 | $2.1M | $2.3M | $1.3M | $0 | — | View 990 |
| 2019 | $2.2M | $1.6M | $1.5M | $93 | — | View 990 |
| 2018 | $1.5M | $1.2M | $889K | $3K | — | View 990 |
| 2017 | $985K | $618K | $578K | $461 | — | — |
| 2016 | $347K | $207K | $211K | $894 | — | View 990 |
| 2015 | $144K | $77K | $71K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.5M, expenses of $4.6M, and assets of $2.9M (revenue -0.3% year-over-year).
- 2022: Revenue of $5.5M, expenses of $5.5M, and assets of $1.8M (revenue +63.1% year-over-year).
- 2021: Revenue of $3.4M, expenses of $2.9M, and assets of $1.8M (revenue +59.1% year-over-year).
- 2020: Revenue of $2.1M, expenses of $2.3M, and assets of $1.3M (revenue -4.3% year-over-year).
- 2019: Revenue of $2.2M, expenses of $1.6M, and assets of $1.5M (revenue +49.7% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.2M, and assets of $889K (revenue +51.2% year-over-year).
- 2017: Revenue of $985K, expenses of $618K, and assets of $578K (revenue +184.0% year-over-year).
- 2016: Revenue of $347K, expenses of $207K, and assets of $211K (revenue +141.6% year-over-year).
- 2015: Revenue of $144K, expenses of $77K, and assets of $71K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Spark Development Network Inc:
Data Sources and Methodology
This transparency report for Spark Development Network Inc 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.