Y — Mutual & Membership BenefitEIN: 453940350· Ruling Year: 2012

Spark Institute Inc

Simsbury, Connecticut

BHealth Score
55B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 2 peers in Mutual & Membership Benefit with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.09×
Peer Median29.60×
💰
$1.9M
Total Revenue
📊
$2.2M
Total Expenses
🏦
$2.4M
Net Assets
📋
$265K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+1.4%
Year-over-year change (2022 → 2023)
Net Margin
-16.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.09
Net assets divided by total expenses
Liabilities-to-Assets
10.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,863,776↑1%$2,168,346↑4%$2,624,583↓13%
2022$1,837,476↑12%$2,094,808↑11%$3,027,771↓8%
2021$1,638,817↑29%$1,895,326↑10%$3,290,502↓7%
2020$1,269,602↓36%$1,716,501↓22%$3,536,274↓10%
2019$1,999,025↓12%$2,208,920↑18%$3,913,120↓4%
2018$2,259,682↑11%$1,865,006↓7%$4,062,767↑9%
2017$2,033,429↓5%$2,013,814↑9%$3,731,743↑1%
2016$2,140,778↑9%$1,844,957↓8%$3,691,347↑5%
2015$1,964,828$1,996,784↑10%$3,508,611
2014$1,968,761↓2%$1,818,390↑10%$3,523,672↑5%
2013$2,012,720↑20%$1,654,631↑9%$3,361,060↑16%
2012$1,684,186↓33%$1,517,132$2,906,096↑2%
2011$2,500,000$0$2,841,595

Frequently Asked Questions

What does Spark Institute Inc do?▼

Spark Institute Inc is a mutual & membership benefit nonprofit organization based in Connecticut. It is classified under NTEE code Y03 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Spark Institute Inc financially healthy?▼

Based on our 9-metric Financial Health Score model, Spark Institute Inc has a score of 55/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Spark Institute Inc generate?▼

Spark Institute Inc reports $2.2M in annual revenue and holds $2.7M in total assets, based on IRS filings.

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Spark Institute Inc — Simsbury, CT | GiveScope