Overview
What is Spark Microgrants?
Spark Microgrants is a nonprofit organization that empowers communities to collaborate and define their future through a community-led development model. Based in New York and with offices in Kigali, Kampala, and New York, the organization has impacted over 500,000 people across eight countries in Africa. Spark's innovative Facilitated Collective Action Process (FCAP) combines a village planning process with a seed grant, leading to families doubling their meals and a significant increase in women engaging in leadership roles. Since 2010, Spark has made a difference by scaling its national program in Rwanda, expanding to new countries, producing research on community-led development, and building a global community of practice. Spark trains partner organizations and works with governments to make the FCAP the go-to system for advancing social and economic development, improving lives, and securing lasting change.
Official website here: www.sparkmicrogrants.org
Is Spark Microgrants legitimate?
Spark Microgrants is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spark Microgrants submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $154,083
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,609,991
For more financial information, click here
Official website here: www.sparkmicrogrants.org
What is the mission statement of Spark Microgrants?
Spark Microgrants empowers communities to work collaboratively towards a world where everyone lives with dignity and determines their own positive future. The organization believes in the collective power of people and aims to update the development model from prescriptive to community-led, enabling villages to define their future. Spark's innovative approach, the Facilitated Collective Action Process (FCAP), pairs a village planning process with a seed grant to facilitate cooperative solutions to poverty. This method has led to families doubling their meals and a sevenfold increase in women participating in leadership roles. More than 80 percent of communities establish inclusive village councils that last. Since 2010, Spark has reached over 500,000 people in eight countries. Over the next three years, Spark plans to scale its impact by expanding to two new countries, conducting new research on community-led development, and curating a global community of practice. Today, Spark trains partner organizations and works with governments to implement the FCAP as a preferred system for social and economic development, improving lives, and securing lasting change.
Official website here: www.sparkmicrogrants.org
Who is the CEO of Spark Microgrants?
Alexandra Fisher is the Executive Director And Co- of Spark Microgrants.
Official website here: www.sparkmicrogrants.org
What is the revenue of Spark Microgrants?
Spark Microgrants's revenue in 2022 was $13,702,703.
Official website here: www.sparkmicrogrants.org
Who are the executives of Spark Microgrants and what are their salaries?
The average compensation at Spark Microgrants during 2022 was $352,815. There are 5 employees and 7 volunteers at Spark Microgrants.
Here are 8 key members and their salaries:
- Alexandra Fisher (Executive Director And Co-)
- Lisa Jackson (Chair) [Trustee/Director]
- Sam Bonsey (Vice Chair) [Trustee/Director]
- Jonathan Jackson (Finance Chair) [Trustee/Director]
- Kara Weiss (Governance Chair) [Trustee/Director]
- Stacey Faella (Board Member) [Trustee/Director]
- Amol Jain (Board Member) [Trustee/Director]
- Angela Rugambwa (Board Member) [Trustee/Director]
Official website here: www.sparkmicrogrants.org
Where can I find the form 990 for Spark Microgrants?
The Spark Microgrants’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.sparkmicrogrants.org
Learn more at the official website: www.sparkmicrogrants.org
Mission Statement of Spark Microgrants
Spark Microgrants is an empowering organization that believes in the collective power of communities to create a world where everyone lives with dignity and determines their own positive future. This belief stems from the observation that communities facing poverty are often overlooked by development programs meant to uplift them. Spark aims to update the development model, shifting from prescriptive to community-led, enabling villages to define their own futures.
Spark Microgrants' flagship innovation is the Facilitated Collective Action Process, or FCAP. This unique approach pairs a village planning process with a seed grant, fostering cooperative solutions to poverty. Research demonstrates that the FCAP leads to significant improvements, with families enjoying a twofold increase in meals and a sevenfold rise in women engaging in leadership roles. More than 80 percent of communities establish inclusive village councils that endure.
Since its inception in 2010, Spark Microgrants has reached over 500,000 people in eight countries. Over the next three years, the organization intends to expand its impact by scaling the national program in Rwanda, entering two new countries, producing new research on community-led development, and cultivating a global community of practice.
Today, Spark Microgrants collaborates with partner organizations and governments to scale the FCAP as the preferred system to advance social and economic development, enhance lives, and secure lasting change. With offices in Kigali, Kampala, and New York and operations in six countries in East and West Africa, Spark Microgrants is making a difference in the world, one community at a time.
Impact
This information is meant to be a general summary of Spark Microgrants. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Spark Microgrants has had a significant impact on communities facing poverty by empowering them to define their own future through community-led development initiatives. Their Facilitated Collective Action Process (FCAP) has proven to be a successful model, resulting in families doubling the meals they eat and a significant increase in women engaging in leadership roles. More than 80% of communities involved have created inclusive village councils that have lasting impact.
Since 2010, Spark Microgrants has reached over 500,000 people in eight countries, including a flagship program with the government of Rwanda. They have offices in Kigali, Kampala, and New York, operating in six countries in East and West Africa. Spark is committed to accelerating its impact by scaling its national program in Rwanda, expanding to new countries, conducting research on community-led development, and fostering a global community of practice.
Today, Spark Microgrants trains partner organizations and collaborates with governments to advance social and economic development through the FCAP model. Their work aims to improve lives and create lasting change in communities, making strides towards a world where everyone lives with dignity and shapes their own positive future.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
2011
Phone
(860) 805-6478
Principal Officer
Alexandra Fisher
Main Address
PO BOX 20435, NEW YORK, NY, 100019998
Website
www.sparkmicrogrants.org
NTEE Category
Code: Q33 - International
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