ANN ARBOR SPARK FOUNDATION: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- ANN ARBOR SPARK FOUNDATION (EIN 38-3416745)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-08-26
- IRS object ID
- 202002399349300510
- Schema version
- 2019v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-08-26T08:50:35-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 382706146 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | YEO & YEO PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1450 EISENHOWER PLACE | AddressLine1Txt |
| City | ANN ARBOR | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 481083283 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 383416745 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANN ARBOR SPARK FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ANNA | BusinessNameControlTxt |
| Phone | 7347619317 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 EAST LIBERTY ST | AddressLine1Txt |
| City | ANN ARBOR | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48104 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAUL KRUTKO | PersonNm |
| Person Title | PRESIDENT/CEO | PersonTitleTxt |
| Phone | 7345279143 | PhoneNum |
| Signature | 2020-07-01 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | THOMAS A O'SULLIVAN | PreparerPersonNm |
| PTIN | P01321877 | PTIN |
| Phone | 7347691331 | PhoneNum |
| Preparation | 2020-08-26 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 70.34.166.252 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-08-26 | IPDt |
| IP Tm | 08:50:35 | IPTm |
| IP Timezone | CD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 8671651BE8EF7FFDEF062089206F12EC2768330A | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 737A3B877C7B33C039D624E1942B5CD8B6791E98 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2020-11-19 02:30:22Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Principal Officer | PAUL KRUTKO | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 EAST LIBERTY ST | AddressLine1Txt |
| City | ANN ARBOR | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48104 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $307,500 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.ANNARBORUSA.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1998 | FormationYr |
| Legal Domicile State | MI | LegalDomicileStateCd |
| Activity Or Mission | THE ANN ARBOR SPARK FOUNDATION PROVIDES FUNDING AND SUPPORT FOR THE ACTIVITIES OF ANN ARBOR SPARK, A NOT FOR PROFIT 501(C)6 CORPORATION WHICH ADVANCES ECONOMIC DEVELOPMENT IN THE REGION BY ENCOURAGING AND SUPPORTING BUSINESS ACCELERATION, ATTRACTION, EXPANSION AND RETENTION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 16 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 15 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 105 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $152,000 | PYContributionsGrantsAmt |
| CY Contributions Grants | $307,500 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $200,000 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $352,000 | PYTotalRevenueAmt |
| CY Total Revenue | $307,500 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $145,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $126,000 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $371,558 | PYOtherExpensesAmt |
| CY Other Expenses | $295,589 | CYOtherExpensesAmt |
| PY Total Expenses | $516,558 | PYTotalExpensesAmt |
| CY Total Expenses | $421,589 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$164,558 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$114,089 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $364,931 | TotalAssetsBOYAmt |
| Total Assets EOY | $183,509 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $90,596 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $23,263 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $274,335 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $160,246 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE ANN ARBOR SPARK FOUNDATION PROVIDES FUNDING AND SUPPORT FOR THE ACTIVITIES OF ANN ARBOR SPARK, A NOT FOR PROFIT 501(C)6 CORPORATION WHICH ADVANCES ECONOMIC DEVELOPMENT IN THE REGION BY ENCOURAGING AND SUPPORTING BUSINESS ACCELERATION, ATTRACTION, EXPANSION AND RETENTION. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $126,000 | ExpenseAmt |
| Grant | $126,000 | GrantAmt |
| Desc | THE PRIMARY CHARITABLE PURPOSE OF THE SPARK FOUNDATION IS TO RECEIVE AND ADMINISTER FUNDS FOR THE ENCOURAGEMENT, PROMOTION AND SUPPORT OF AREA DEVELOPMENT, RE-DEVELOPMENT AND RENEWAL; ACTIVITIES AND PROJECTS DESIGNED TO ATTRACT NEW INDUSTRY AND RETAIN EXISTING INDUSTRY; ACTIVITIES AND PROJECTS DESIGNED TO PROMOTE THE AREA; AND OTHER PROJECTS AND ACTIVITIES AIMED AT COMBATING COMMUNITY DETERIORATION IN ORDER TO LESSEN THE BURDEN OF GOVERNMENT. THE ORGANIZATION PROVIDES FUNDING AND SUPPORT FOR THE CHARITABLE AND EDUCATIONAL ACTIVITIES OF ANN ARBOR SPARK TO ADVANCE THE ECONOMIC DEVELOPMENT OF INNOVATION BASED BUSINESSES IN THE ANN ARBOR REGION. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $228,744 | ExpenseAmt |
| Desc | MARKETING ANGEL FUND INVESTMENT ACTIVITY IN MICHIGAN: MARKETING AND EDUCATING NEW INVESTORS AS ANGELS (HIGH NET WORTH INDIVIDUALS WHO INVEST IN STARTUP COMPANIES). THE SERVICES AND SUPPORT PROVIDED TO EARLY STAGE TECHNOLOGY COMPANIES AND ENTREPRENEURS THROUGH OUR GROUP OF INVESTORS ENHANCES MICHIGAN'S ENTREPRENEURIAL ECOSYSTEM BY COORDINATING WITH EXISTING SUCCESSFUL PROGRAMS TO FILL THE PRIVATE FUNDING GAP FOR ENTREPRENEURS IN THE ECOSYSTEM THAT CREATES NEW TECH COMPANIES, NEW EARLY STAGE TECH JOBS, AND CREATES FOLLOW-ON FUNDING TO TECH COMPANIES. OUR CONTRIBUTION IS TO FOCUS ON EDUCATION AND ENGAGEMENT WITHIN THIS COMMUNITY. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $66,845 | ExpenseAmt |
| Desc | PLANNING SUPPORT FOR THE AMERICAN CENTER FOR MOBILITY AT WILLOW RUN. - INTENDED TO HELP BUILD THE REQUEST FOR FUNDING SUPPORT THAT WILL ENABLE THE FACILITY TO BE USED AS A TRAINING FACILITY FOR THE NEW MOBILITY INDUSTRY JOBS AND TO UNDERSTAND AND PLAN FOR THE IMPACT OF NEW MOBILITY TECHNOLOGIES ON EXISTING JOBS AND THE FUTURE OF WORK. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $421,589 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | false | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Taxable Distributions | false | TaxableDistributionsInd |
| Distribution To Donor | false | DistributionToDonorInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 16 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 15 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ELIZABETH PERPICH | PersonNm |
| Phone | 7347619317 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 330 EAST LIBERTY ST | AddressLine1Txt |
| City | ANN ARBOR | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48104 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|---|
| DAVID PARSIGIAN | |||||||
| CHAIR | 0.25 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| DAVID RUUD | |||||||
| VICE CHAIR | 0.25 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| DAVID SNODGRASS | |||||||
| TREASURER | 0.25 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| DR ROSE BELLANCA | |||||||
| SECRETARY | 0.25 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| CYNTHIA WILBANKS | |||||||
| PAST CHAIR | 0.25 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| ROB CASALOU | |||||||
| BOARD MEMBER | 0.25 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| RIC DEVORE | |||||||
| BOARD MEMBER | 0.25 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| SCOTT GRIFFITH | |||||||
| BOARD MEMBER | 0.25 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BHUSHAN KULKARNI | |||||||
| BOARD MEMBER | 0.25 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| TREVOR LAUER | |||||||
| BOARD MEMBER | 0.25 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JONATHAN S NEWPOL | |||||||
| BOARD MEMBER | 0.25 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MARK SCHLISSEL | |||||||
| BOARD MEMBER | 0.25 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| RICHARD B SHERIDAN | |||||||
| BOARD MEMBER | 0.25 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JAMES M SMITH PHD | |||||||
| BOARD MEMBER | 0.25 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CHRIS TAYLOR | |||||||
| BOARD MEMBER | 0.25 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| PAUL KRUTKO | |||||||
| PRESIDENT/CE | 0.25 | 39.75 | Yes (X) | Yes (X) | $0 | $534,087 | $38,749 |
| ELIZABETH PERPICH | |||||||
| DIRECTOR OF | 0.25 | 39.75 | Yes (X) | $0 | $119,225 | $22,833 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Reportable Comp Rltd Org | $653,312 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $61,582 | TotalOtherCompensationAmt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| All Other Contributions | $307,500 | AllOtherContributionsAmt |
| Total Contributions | $307,500 | TotalContributionsAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $307,500 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $126,000 | TotalAmt |
| Program Services | $126,000 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,004 | TotalAmt |
| Program Services | $5,004 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $232,872 | TotalAmt |
| Program Services | $232,872 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,124 | TotalAmt |
| Program Services | $8,124 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,407 | TotalAmt |
| Program Services | $21,407 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,858 | TotalAmt |
| Program Services | $4,858 | ProgramServicesAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,900 | TotalAmt |
| Program Services | $19,900 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| DUES & SUBS | $3,404 | $3,404 |
| FEES | $20 | $20 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $421,589 | TotalAmt |
| Program Services | $421,589 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $158,931 | BOYAmt |
| EOY | $183,509 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $206,000 | BOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $364,931 | BOYAmt |
| EOY | $183,509 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $90,596 | BOYAmt |
| EOY | $23,263 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $90,596 | BOYAmt |
| EOY | $23,263 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $274,335 | BOYAmt |
| EOY | $160,246 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $274,335 | BOYAmt |
| EOY | $160,246 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $364,931 | BOYAmt |
| EOY | $183,509 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$114,089 | ReconcilationRevenueExpnssAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type2 | Yes (X) | SupportingOrgType2Ind |
| Supported Organizations | 1 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp
Supported Organization Name SupportedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANN ARBOR SPARK | BusinessNameLine1Txt |
| Business Name Line2 | ANN ARBOR SPARK | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 382436899 | EIN |
| Organization Type | 10 | OrganizationTypeCd |
| Governing Document Listed | Yes (true) | GoverningDocumentListedInd |
| Support | $126,000 | SupportAmt |
| Other Support | $0 | OtherSupportAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 1 | SupportedOrganizationsTotalCnt |
| Support Sum | $126,000 | SupportSumAmt |
| Other Support Sum | $0 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (true) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | false | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | Yes (true) | SupportedOrgSectionC456Ind |
| Supported Org Qualified | Yes (true) | SupportedOrgQualifiedInd |
| Suprt Exclusively Sec170c2 B | Yes (true) | SuprtExclusivelySec170c2BInd |
| Supported Org Not Organized US | false | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | false | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | false | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | false | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | false | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | false | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | false | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | false | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | false | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | false | ContributionControllerInd |
| Contribution Family | false | ContributionFamilyInd |
| Contribution35 Controlled | false | Contribution35ControlledInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Majority Dir Trst Supported Org | Yes (true) | MajorityDirTrstSupportedOrgInd |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, SECTION A, LINE 3B | THE FOUNDATION ENSURES THAT ANN ARBOR SPARK IS A 501C6 AND SATIFIES THEIR PUBLIC SUPPORT TEST ANNUALLY BY REVIEWING THEIR 990 AND IRS STATUS. |
| PART IV, SECTION A, LINE 3C | MANAGEMENT MONTITORS THAT FUNDS ARE ONLY USED FOR ALLOWABLE ACTIVITIES. |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Rev Etc Audited Fincl Stmt | $307,500 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $307,500 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $307,500 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $421,589 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $421,589 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $421,589 | TotalExpensesPerForm990Amt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | false | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANN ARBOR SPARK | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 S DIVISION STE 430 | AddressLine1Txt |
| City | ANN ARBOR | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48104 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 382436899 | RecipientEIN |
| IRC Section | 6 | IRCSectionDesc |
| Cash Grant | $126,000 | CashGrantAmt |
| Purpose Of Grant | ECONOMIC DEVELOPMENT | PurposeOfGrantTxt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I, PAGE 1, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | A CONDITION OF THESE GRANTS IS THAT ANN ARBOR SPARK SHALL TRACK USE OF THE GRANT FUND TO SHOW THEIR USE IN A MANNER CONSISTENT WITH THE PERMITTED PURPOSES. PRIOR TO RECEIVING THE FUNDS, SPARK SUBMITS A BUDGET TO ENSURE THAT FUNDS ARE SPENT CONSISTENTLY WITH THE MISSION OF THE FOUNDATION, AND A REPORT IS SUBMITTED AT THE END OF THE GRANT OUTLINING AN ACCOUNTING OF HOW THE FUNDS WERE SPENT. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAUL KRUTKO | PersonNm |
| Title | PRESIDENT/CEO | TitleTxt |
| Compensation Based On Rltd Orgs | $534,087 | CompensationBasedOnRltdOrgsAmt |
| Deferred Comp Rltd Orgs | $21,363 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Rltd Orgs | $17,386 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Rltd Orgs | $572,836 | TotalCompensationRltdOrgsAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE J, PART III | FormAndLineReferenceDesc |
| Explanation | PRESIDENT/CEO AND FINANCE DIRECTOR ARE PAID BY ANN ARBOR SPARK. THE ANN ARBOR SPARK FOUNDATION IS A SUPPORTING ORGANIZATION. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | THE ANN ARBOR SPARK FOUNDATION PROVIDES FUNDING AND SUPPORT FOR THE ACTIVITIES OF ANN ARBOR SPARK, A NOT FOR PROFIT 501(C)6 CORPORATION WHICH ADVANCES ECONOMIC DEVELOPMENT IN THE REGION BY ENCOURAGING AND SUPPORTING BUSINESS ACCELERATION, ATTRACTION, EXPANSION AND RETENTION. |
| FORM 990, PAGE 1, PART I, LINE 6 | VOLUNTEERS INCLUDE BOARD AND COMMITTEE MEMBERS. |
| FORM 990, PAGE 6, PART VI, LINE 11B | A DRAFT OF THE FORM 990 IS DISTRIBUTED TO THE FINANCE COMMITTEE AND CEO PRIOR TO FILING. |
| FORM 990, PAGE 6, PART VI, LINE 12C | MEMBERS OF THE BOARD OF DIRECTORS, EXECUTIVE COMMITTEE AND KEY STAFF MUST ANNUALLY SIGN A STATEMENT CONCERNING POTENTIAL CONFLICTS OF INTEREST. THESE STATEMENTS ARE PERIODICALLY REVIEWED BY THE FINANCE COMMITTEE TO DETERMINE IF FURTHER EXAMINATION OR ACTION IS NEEDED. IF AN CONFLICT OF INTEREST EXISTS, ANN ARBOR SPARK FOUNDATION FOLLOWS UP WITH THE EXECUTIVE COMMITTEE, THE EXECUTIVE COMMITTEE DECIDES IF FURTHER ACTION IN NECESSARY. |
| FORM 990, PAGE 6, PART VI, LINE 15A | COMPENSATION COMMITTEE - THE GOVERNANCE COMMITTEE IS RESPONSIBLE FOR EVALUATING AND ESTABLISHING THE SALARY AND BENEFITS FOR THE CEO AND KEY EMPLOYEES. STAFF PREPARES STATISTICS ON COMPARATIVE SALARY DATA FROM SIMILAR ORGANIZATIONS FOR BENCHMARKING. THIS DATA, ALONG WITH PERFORMANCE DATA, IS USED BY THE GOVERNANCE COMMITTEE TO DETERMINE COMPENSATION FOR THE FOLLOWING FISCAL YEAR. THERE ARE NO EMPLOYEES OF ANN ARBOR SPARK FOUNDATION, RATHER THEY ARE ALL EMPLOYEES OF ANN ARBOR SPARK. |
| FORM 990, PAGE 6, PART VI, LINE 15B | COMPENSATION COMMITTEE - THE GOVERNANCE COMMITTEE IS RESPONSIBLE FOR EVALUATING AND ESTABLISHING THE SALARY AND BENEFITS FOR THE CEO AND KEY EMPLOYEES. STAFF PREPARES STATISTICS ON COMPARATIVE SALARY DATA FROM SIMILAR ORGANIZATIONS FOR BENCHMARKING. THIS DATA, ALONG WITH PERFORMANCE DATA, IS USED BY THE GOVERNANCE COMMITTEE TO DETERMINE COMPENSATION FOR THE FOLLOWING FISCAL YEAR. THERE ARE NO EMPLOYEES OF ANN ARBOR SPARK FOUNDATION, RATHER THEY ARE ALL EMPLOYEES OF ANN ARBOR SPARK. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE ORGANIZATION SHARES INFORMATION THAT FALLS WITHIN PARAMETERS AGREED UPON BY OUR FUNDERS, CLIENTS AND PORTFOLIO COMPANIES. SPARK POSTS ITS AUDITED FINANCIAL STATEMENTS ON OUR WEBSITE. THE 990 IS ALSO PUBLIC INFORMATION AVAILABLE ON GUIDESTAR. GOVERNING DOCUMENTS AND POLICIES ARE NOT USUALLY AVAILABLE TO THE GENERAL PUBLIC, ALTHOUGH THE STATE OF MICHIGAN DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS WEBSITE PROVIDES PUBLIC ACCESS TO ANN ARBOR SPARK'S ARTICLES OF INCORPORATION. |
| FORM 990, PART IX, LINE 11G | SPARK PERSONNEL REIMBURSEMENT 224,497 0 0 CONSULT. FEES - GENERAL 8,375 0 0 TOTAL 232,872 0 0 |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANN ARBOR SPARK | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 S DIVISION STE 430 | AddressLine1Txt |
| City | ANN ARBOR | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48104 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 382436899 | EIN |
| Primary Activities | ECON. DEVE | PrimaryActivitiesTxt |
| Legal Domicile State | MI | LegalDomicileStateCd |
| Exempt Code Section | 6 | ExemptCodeSectionTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | false | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (true) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANN ARBOR SPARK | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | B | TransactionTypeTxt |
| Involved | $126,000 | InvolvedAmt |
| Method Of Amount Determination | COST | MethodOfAmountDeterminationTxt |
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