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Sparc Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 813036310 ✦ Asheville, NC ✦ Designated as a 501(c)(3)

Overview

What is Sparc Foundation Inc?

Sparc Foundation Inc, located in Asheville, North Carolina, is a dedicated nonprofit organization with a mission to prevent individuals from entering unnecessary and costly institutional settings. With a team of 45 employees, Sparc Foundation works tirelessly to achieve this goal, providing essential services that help people lead more independent lives. While specific details about their programs and initiatives are not provided in the information, it's clear that their core focus is on promoting community-based support and resources, aiming to reduce reliance on expensive institutional care.


Official website here: www.thesparcfoundation.org

Is Sparc Foundation Inc legitimate?

Sparc Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sparc Foundation Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,136,345

For more financial information, click here


Official website here: www.thesparcfoundation.org

What is the mission statement of Sparc Foundation Inc?

The Sparc Foundation's mission is centered around preventing individuals from unnecessarily and excessively entering expensive institutional settings. They strive to achieve this objective through their dedicated efforts and initiatives. The foundation's mission was successfully executed, resulting in keeping people out of such costly and potentially unnecessary settings. The Sparc Foundation's work aims to promote alternative, potentially more suitable, and less expensive solutions for individuals in need.


Official website here: www.thesparcfoundation.org

Who is the CEO of Sparc Foundation Inc?

Jackie Latek is the Executive Di of Sparc Foundation Inc.


Official website here: www.thesparcfoundation.org

What is the revenue of Sparc Foundation Inc?

Sparc Foundation Inc's revenue in 2022 was $1,532,955.


Official website here: www.thesparcfoundation.org

Who are the executives of Sparc Foundation Inc and what are their salaries?

The average compensation at Sparc Foundation Inc during 2022 was $25,252. There are 45 employees at Sparc Foundation Inc.

Here are 10 key members and their salaries:

    Jackie Latek (Executive Di) [Trustee/Director]
  • Compensation: $82,286
  • Related: $0
  • Other: $0

    • Veronica Edwards (Board Treasu) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tracy Novak (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jody Stevenson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brent Bailey (Member/Forme) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marlo Smith (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Allison Ettinger (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dustin Dow (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lissa Brown (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lance Crawford (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.thesparcfoundation.org

    Where can I find the form 990 for Sparc Foundation Inc?

    The Sparc Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.thesparcfoundation.org

    Learn more at the official website: www.thesparcfoundation.org

    Mission Statement of Sparc Foundation Inc

    Sparc Foundation Inc is committed to a mission that aims to prevent individuals from unnecessarily and excessively entering expensive institutional settings. This mission is a proactive approach taken by the organization, striving to keep people out of such environments. By accomplishing this goal, Sparc Foundation Inc contributes to a more efficient and cost-effective system for addressing various needs, without resorting to expensive institutional settings.

    Impact

    This information is meant to be a general summary of Sparc Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Sparc Foundation Inc's impact lies in its mission to keep people out of unnecessary and expensive institutional settings. By providing human services in Asheville, NC, the organization effectively works towards this goal, ensuring individuals have the necessary support and resources to live independently and avoid costly institutional care. The impact of Sparc Foundation Inc can be seen in the tangible outcomes of individuals being able to lead fulfilling lives within their communities, thanks to the organization's dedicated efforts.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $1,532,955

    • Assets and Liabilities:
  • Total Assets: $172,946
  • Total Liabilities: $114,565
  • Net Assets: $58,381
  • Organization Details

    Founding Year

    2016

    Principal Officer

    Jackie Latek

    Main Address

    225 EAST CHESTNUT STREET, ASHEVILLE, NC, 28801

    NTEE Category

    Code: P20 - Human services

    If you are a representative of Sparc Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.