Spark Institute Inc
Simsbury, Connecticut
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)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 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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