Sparkjoy Foundation

Salt Lake Cty, Utah

B+Health Score
66B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 30 peers in Philanthropy, Voluntarism & Grantmaking with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org10.60×
Peer Median15.61×
💰
$7.2M
Total Revenue
📊
$6.4M
Total Expenses
🏦
$67.5M
Net Assets
📋
$462
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+126.4%
Year-over-year change (2022 → 2023)
Net Margin
+11.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
10.60
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$7,209,300↑126%$6,368,954↓72%$67,492,103↑2%
2022$3,184,080↓74%$23,126,549↑326%$66,303,674↓23%
2021$12,155,838↓56%$5,431,253↑79%$86,245,916↑8%
2020$27,889,261↑19%$3,033,525↑34%$79,750,837↑45%
2019$23,509,910↑1004%$2,270,055↑53%$54,895,006↑64%
2018-$2,601,396↓109%$1,485,363↑108%$33,425,728↓11%
2017$28,953,379↑11105%$712,414↑25%$37,512,487↑305%
2016$258,390↑21%$569,996↓16%$9,271,522↓3%
2015$213,756↓98%$675,239$9,583,128↓5%
2014$10,044,611$0$10,044,611

Frequently Asked Questions

What does Sparkjoy Foundation do?▼

Sparkjoy Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in Utah. It is classified under NTEE code T11 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Sparkjoy Foundation financially healthy?▼

Based on our 9-metric Financial Health Score model, Sparkjoy Foundation has a score of 66/100 (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 Sparkjoy Foundation generate?▼

Sparkjoy Foundation reports $9.3M in annual revenue and holds $71.8M in total assets, based on IRS filings.

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