Spark Youth Nyc Inc
Spark Youth Nyc Inc maintains stable finances with consistent revenue and zero reported officer compensation.
EIN: 133037380 · New York, NY · NTEE: I83Z · Updated: 2026-03-28
Is Spark Youth Nyc Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Spark Youth Nyc Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Spark Youth Nyc Inc
Spark Youth Nyc Inc (EIN: 133037380) is a nonprofit organization based in New York, NY, classified under NTEE code I83Z. The organization reported total revenue of $2.3M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Spark Youth Nyc Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Spark Youth Nyc Inc is a mid-size nonprofit that has been operating for 46 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 10.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $2.1M |
| Surplus / Deficit | $-218,881 |
| Total Assets | $1.6M |
| Total Liabilities | $116K |
| Net Assets | $1.4M |
| Operating Margin | -11.7% |
| Debt-to-Asset Ratio | 7.4% |
| Months of Reserves | 9.0 months |
Financial Health Grade: B
In 2023, Spark Youth Nyc Inc reported a deficit of $219K with expenses exceeding revenue, holds 9.0 months of operating reserves (strong position), has a debt-to-asset ratio of 7.4% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Spark Youth Nyc Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.4% | +18.5% | -6.7% |
| 2022 | -7.5% | +6.0% | -3.9% |
| 2021 | +63.5% | +18.8% | +44.4% |
| 2020 | -45.4% | -25.6% | -14.7% |
| 2019 | +14.9% | +17.7% | +26.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1980 |
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 Spark Youth Nyc Inc with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Spark Youth Nyc Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $219K, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.4%.
Executive Compensation Analysis
Spark Youth Nyc Inc consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers or that such compensation is covered by other means, which is highly unusual for an organization of its size with over $2 million in annual expenses.
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 Spark Youth Nyc Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is highly unusual for an organization of this size and could indicate a lack of transparency in how executive leadership is compensated or structured.
Strengths
The following positive indicators were identified for Spark Youth Nyc Inc:
- Consistent revenue generation, averaging over $1.7 million annually over the past decade.
- Healthy asset growth, reaching $1,565,813 in 2023, providing a strong financial base.
- Low liabilities relative to assets, indicating good financial management and solvency.
- Strong program focus implied by the absence of reported officer compensation, suggesting resources are directed elsewhere.
Frequently Asked Questions about Spark Youth Nyc Inc
Is Spark Youth Nyc Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Spark Youth Nyc Inc (EIN: 133037380) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Spark Youth Nyc Inc spend its money?
Spark Youth Nyc Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Spark Youth Nyc Inc tax-deductible?
Spark Youth Nyc Inc is registered as a tax-exempt nonprofit (EIN: 133037380). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Spark Youth Nyc Inc financially stable?
Yes, Spark Youth Nyc Inc appears financially stable. While they had a deficit in 2023 ($2,087,137 expenses vs. $1,868,256 revenue), this followed several years of surpluses, and their assets have grown to $1,565,813, significantly exceeding liabilities.
How does Spark Youth Nyc Inc manage executive compensation?
Spark Youth Nyc Inc consistently reports 0% officer compensation in all available IRS 990 filings, suggesting a highly unusual compensation structure where officers are either unpaid or compensated through non-officer roles, or that the compensation is not reported in this specific line item.
Has Spark Youth Nyc Inc's revenue been consistent?
Yes, Spark Youth Nyc Inc's revenue has been relatively consistent, generally ranging between $1.2 million and $2.3 million annually over the past decade, with the latest reported revenue at $1,868,256 in 2023.
Filing History
IRS 990 filing history for Spark Youth Nyc Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Spark Youth Nyc Inc's revenue has grown by 249.6%, moving from $534K to $1.9M. Total assets increased by 417.6% over the same period, from $302K to $1.6M. Total functional expenses rose by 167.6%, from $780K to $2.1M. In its most recent filing year (2023), Spark Youth Nyc Inc reported a deficit of $219K, with expenses exceeding revenue. The organization holds $116K in liabilities against $1.6M in assets (debt-to-asset ratio: 7.4%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $2.1M | $1.6M | $116K | — | — |
| 2022 | $1.9M | $1.8M | $1.7M | $10K | — | — |
| 2021 | $2.0M | $1.7M | $1.7M | $212K | — | View 990 |
| 2020 | $1.3M | $1.4M | $1.2M | $61K | — | View 990 |
| 2019 | $2.3M | $1.9M | $1.4M | $124K | — | View 990 |
| 2018 | $2.0M | $1.6M | $1.1M | $245K | — | View 990 |
| 2017 | $1.5M | $1.5M | $608K | $127K | — | View 990 |
| 2016 | $1.7M | $1.6M | $561K | $139K | — | View 990 |
| 2015 | $1.4M | $1.4M | $480K | $116K | — | View 990 |
| 2014 | $1.2M | $1.3M | $544K | $238K | — | View 990 |
| 2013 | $1.1M | $1.2M | $547K | $186K | — | View 990 |
| 2012 | $1.1M | $972K | $543K | $109K | — | View 990 |
| 2011 | $838K | $845K | $326K | $70K | — | View 990 |
| 2010 | $534K | $780K | $302K | $39K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $2.1M, and assets of $1.6M (revenue -1.4% year-over-year).
- 2022: Revenue of $1.9M, expenses of $1.8M, and assets of $1.7M (revenue -7.5% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.7M, and assets of $1.7M (revenue +63.5% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.4M, and assets of $1.2M (revenue -45.4% year-over-year).
- 2019: Revenue of $2.3M, expenses of $1.9M, and assets of $1.4M (revenue +14.9% year-over-year).
- 2018: Revenue of $2.0M, expenses of $1.6M, and assets of $1.1M (revenue +32.0% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.5M, and assets of $608K (revenue -8.6% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.6M, and assets of $561K (revenue +15.6% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.4M, and assets of $480K (revenue +19.0% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.3M, and assets of $544K (revenue +9.1% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.2M, and assets of $547K (revenue -3.9% year-over-year).
- 2012: Revenue of $1.1M, expenses of $972K, and assets of $543K (revenue +37.2% year-over-year).
- 2011: Revenue of $838K, expenses of $845K, and assets of $326K (revenue +56.7% year-over-year).
- 2010: Revenue of $534K, expenses of $780K, and assets of $302K.
Data Sources and Methodology
This transparency report for Spark Youth Nyc 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.