Sparkpositivity Inc
EIN: 821023404 · Omaha, NE · NTEE: B90
| Metric | Value |
|---|---|
| Total Revenue | $67K |
| Total Expenses | $55K |
| Net Assets | $20K |
Is Sparkpositivity Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sparkpositivity Inc
Sparkpositivity Inc (EIN: 821023404) is a nonprofit organization based in Omaha, NE, classified under NTEE code B90. The organization reported total revenue of $67K and total assets of $21K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sparkpositivity Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sparkpositivity Inc is a micro nonprofit that has been operating for 9 years, with 3 years of IRS 990 filings on record (2022–2024). Revenue has grown at a compound annual rate of -26.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $53K |
| Total Expenses | $55K |
| Surplus / Deficit | $-2,292 |
| Total Assets | $20K |
| Net Assets | $20K |
| Operating Margin | -4.3% |
| Months of Reserves | 4.4 months |
Financial Health Grade: B
In 2024, Sparkpositivity Inc reported a deficit of $2K with expenses exceeding revenue, holds 4.4 months of operating reserves (adequate).
Financial Trends
Over 3 years of filings (2022–2024), Sparkpositivity Inc's revenue has declined at a compound annual growth rate (CAGR) of -26.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -19.0% | -25.8% | -10.2% |
| 2023 | -33.0% | -16.3% | -28.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sparkpositivity 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 Sparkpositivity 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
Frequently Asked Questions about Sparkpositivity Inc
Is Sparkpositivity Inc a legitimate charity?
Sparkpositivity Inc (EIN: 821023404) is a registered tax-exempt nonprofit based in Nebraska. It has 3 years of IRS 990 filings on record. Total revenue: $67K. No red flags identified. Financial health grade: B.
How does Sparkpositivity Inc spend its money?
Sparkpositivity Inc reported $67K in total revenue in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Sparkpositivity Inc tax-deductible?
Sparkpositivity Inc is registered as a tax-exempt nonprofit (EIN: 821023404). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sparkpositivity Inc located?
Sparkpositivity Inc is headquartered in Omaha, Nebraska and files with the IRS under EIN 821023404. It is classified under NTEE code B90.
How many years of IRS 990 filings does Sparkpositivity Inc have?
Sparkpositivity Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $67K in total revenue.
Filing History
IRS 990 filing history for Sparkpositivity Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2022–2024), Sparkpositivity Inc's revenue has declined by 45.7%, moving from $98K to $53K. Total assets decreased by 36.1% over the same period, from $32K to $20K. Total functional expenses fell by 37.9%, from $89K to $55K. In its most recent filing year (2024), Sparkpositivity Inc reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $53K | $55K | $20K | $0 | — | — |
| 2023 | $66K | $75K | $22K | $0 | — | — |
| 2022 | $98K | $89K | $32K | $0 | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $53K, expenses of $55K, and assets of $20K (revenue -19.0% year-over-year).
- 2023: Revenue of $66K, expenses of $75K, and assets of $22K (revenue -33.0% year-over-year).
- 2022: Revenue of $98K, expenses of $89K, and assets of $32K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sparkpositivity Inc:
Data Sources and Methodology
This transparency report for Sparkpositivity 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.