2020-04-07T10:35:03-07:00 2019-06-30 680260103 Regalia & Associates CPAs 103 Town Country Dr Ste K Danville CA 94526 990 2018-07-01 201836547 Spark Program Inc SPAR 3124704300 67 E Madison Chicago IL 60603 Ben Rowe Treasurer 2020-04-07 true Douglas W Regalia P00186389 9253140390 2018 2020-09-23 17:36:50Z James Ramo 67 E Madison 2101 Chicago IL 60603 3442218 false false X www.sparkprogram.org X 2004 CA Spark engages communities to provide career exploration and self-discovery opportunities that help middle school students understand, experience and pursue what's possible 11 11 62 940 0 3998534 3197347 227166 244871 130 0 1100 0 4226930 3442218 0 0 3310698 2624571 0 898563 1160834 1095207 4471532 3719778 -244602 -277560 1582675 1379392 271357 330887 1311318 1048505 Spark engages communities to provide career exploration and self-discovery opportunities that help middle school students understand, experience and pursue what's possible false false 2506505 244871 As young teens transition to young adults, its the best time to show them whats possible. Its also a time when 7th, 8th, and 9th grade students from underserved communities risk academic disengagement. Sparks proven model intervenes early to reach students in the middle grades at this critical inflection point. Spark emboldens students to succeed in high school and beyond by connecting them with mentors in leading workplaces and inspiring their academic journey.One-to-one mentorships are supplemented with skill building, workshops and resources for students and their families. Spark mentors and partners also benefit with volunteers gaining leadership experience, businesses connecting with local communities and schools gaining experiential learning opportunities. Together, Spark and itspartners empower the next generation to perform better in school, graduate on time and succeed in career and life.Contributed Services and In-kind Contributions----------------------------------------------During the year ended June 30, 2019, Spark was the recipient of a substantial amount of in-kind contributions which were recorded at their estimated fair values as revenues and expenses in its audited financial statements. The estimated value of these contributions is summarized as follows: Airline Travel Vouchers $ 15,025There are also many unpaid volunteers who have made significant contributions of time to various departments or programs of Spark. The value of this contributed time is not reflected in the financial statements because it is not susceptible to objective measurement or valuation. 2506505 true true false false false false false false false false true false false false true true false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false true 14 0 true 62 true false false false false false false false false 0 false false false false false false false false false false false false X 11 11 false false false false false false false true true false false true true true true true true true true false CA IL X X Carolyn Rogowski 3124704300 67 E Madison Suite 2101 Chicago IL 60603 James Ramo Chair 8.00 0.00 X X 0 0 0 Sarah Friar Vice Chair 4.00 0.00 X X 0 0 0 Chris Balme Co-Founder 4.00 0.00 X 0 0 0 Ben Rowe Treasurer 4.00 0.00 X X 0 0 0 Elena Gomez Director 2.00 0.00 X 0 0 0 Jeff Markowitz Director 2.00 0.00 X 0 0 0 Rodney Prezeau Director 2.00 0.00 X 0 0 0 Jesus Ramos Director 2.00 0.00 X 0 0 0 Alyssa Rapp Director 2.00 0.00 X 0 0 0 Perry Wallack Director 2.00 0.00 X 0 0 0 Alicia Winckler Director 2.00 0.00 X 0 0 0 Jeanette Castellanos CEO 40.00 0.00 X 198559 0 3624 Ashley Leonard Executive Director 40.00 0.00 X 98798 0 10019 James Schroder Head of Programs 40.00 0.00 X 111860 0 4602 409217 18245 2 false true false 0 187285 3010062 15025 3197347 Program service fees 611710 244871 244871 244871 0 0 0 0 0 0 0 0 0 3442218 244871 0 0 0 0 200000 129168 15657 55175 0 1943413 1277077 152143 514193 42780 22822 4266 15692 258073 169977 28424 59672 180305 123174 5804 51327 0 21 21 110115 50505 32880 26730 0 0 0 77953 52369 6961 18623 0 26968 24176 2457 335 63762 41019 14525 8218 0 227520 174632 14748 38140 243559 232082 2631 8846 0 0 0 0 118491 94837 33 23621 22648 17024 5624 Events 94712 32157 538 62017 Volunteer Background 38677 38677 Bank charges and fees 33222 1794 16737 14691 In kind expenses 15025 15025 22534 9990 11261 1283 3719778 2506505 314710 898563 51483 48100 2 4 1237726 1178344 62410 25484 0 0 0 0 5023 15744 347523 266352 198487 81171 0 0 0 0 27544 30545 1582675 1379392 140114 138546 131243 170049 22292 271357 330887 X 112592 -10468 1198726 1058973 1311318 1048505 1582675 1379392 X -277560 14747 X false true X true false X 3791286 5351946 3424189 3998534 3197347 19763302 0 0 3791286 5351946 3424189 3998534 3197347 19763302 1909118 17854184 266 156 379 130 931 0 0 19764233 875516 0.90340 0.92700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4142 3033 1109 343381 263319 80062 81171 Deferred revenue 10000 Other Liabilitlies 12292 22292 X 3861716 870348 870348 2991368 450850 450850 3442218 3704753 3704753 15025 15025 3719778 Part X : FIN48 Footnote Income TaxesFinancial statement presentation follows the recommendations of ASC 740, Income Taxes. Under ASC 740, Spark is required to report information regarding its exposure to various tax positions taken by Spark and requires a two-step process that separates recognition from measurement. The first step is determining whether a tax position has met the recognition threshold; the second step is measuring a tax position that meets the recognition threshold. Management believes that Spark has adequately evaluated its current tax positions and has concluded that as of June 30,2019 Spark does not have any uncertain tax positions for which a reserve or an accrual for a tax liability would be necessary.Spark has received notification from the Internal Revenue Service and the State of California that it qualifies for tax-exempt status under Section 501(c)(3) of the Internal Revenue Code and Section 23701d of the California Revenue and Taxation Code. The exemptions are subject to periodic review by the federal and state taxing authorities and management is confident that Spark continues to satisfy all federal and state statutes in order to qualify for continued tax exemption status. Spark may periodically receive unrelated business income (such as sublease rental income) requiring Spark to file separate tax returns under federal and state statutes. Under such conditions, Spark calculates and accrues the applicable taxes. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 Net assets released from restrictions $605350 In-kind services $264998 Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S Temp Restricted Contributions $450850 Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S In-kind expenses $15025 false false false false false false false false false false Jeanette Castellanos CEO 198559 3624 202183 Client Note 1 Client Note 1 - Sublease Rental Expenses------------------------Allocable Rental expense $ 6,159Allocable Insurance expense 190Allocable Depreciation expense 1,613 --------Total allocable expenses $ 7,962 ========NOTE FOR 2018-------------One note for next year. We revised our mission statement with our whole rebranding. Therefore our FY18 (and going forward) 990 should have the new wording: Spark engages communities to provide career exploration and self-discovery opportunities that help middle school students understand, experience and pursue whats possible. Form 990, Part VI, Line 11b: Form 990 Review Process FORM 990 IS PREPARED BY AN OUTSIDE TAX PROFESSIONAL. THE FORM IS THEN REVIEWED BYTHE ORGANIZATION'S MANAGEMENT, A MEMBER OF THE BOARD OF DIRECTORS, AND THE Chief Executive Officer. AFTER A FULL REVIEW, THE FINAL VERSION OF THE TAX RETURN IS PROVIDED TO ALL MEMBERS OF THE ORGANIZATION'S VOTING BODY. A REPRESENTATIVE OF MANAGEMENT AUTHORIZES THE FINAL FORM 990 WHICH IS THEN E-FILED WITH THE INTERNAL REVENUE SERVICE. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts MEMBERS OF THE BOARD OF DIRECTORS REVIEW ALL POTENTIAL CONFLICTS OF INTEREST ATLEAST ANNUALLY. ALL PERSONNEL AND BOARD MEMBERS ARE REQUIRED TO DISCLOSE (INWRITING) POTENTIAL CONFLICTS AND ANY RELATED PARTY AFFILIATIONS. LOANS BETWEEN THEORGANIZATION AND MEMBERS OF MANAGEMENT AND THE BOARD ARE STRICTLY PROHIBITED. THEORGANIZATION SEEKS FULL TRANSPARENCY ON ALL RELATIONSHIPS. ANY POTENTIAL CONFLICTS (IN FACT OR APPEARANCE) ARE DISCUSSED OPENLY AND RESOLVED IN ACCORDANCE WITH THE ORGANIZATION'S POLICIES AND PROCEDURES. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management MEMBERS OF THE BOARD OF DIRECTORS REVIEW THE COMPENSATION OF ALL HIGH-LEVEL PERSONNEL PERIODICALLY IN ACCORDANCE WITH IRS RULES AND REGULATIONS. EFFORTS ARE MADE TO SECURE COMPENSATION DATA FROM INDUSTRY SOURCES IN ORDER TO DETERMINE COMPETITIVENESS AND APPROPRIATENESS OF SALARIES. EVERY EFFORT IS MADE TO ENSURE THAT THE PROCESS IS THOROUGH AND TRANSPARENT IN ACCORDANCE WITH BEST PRACTICES AND THE ORGANIZATION'S POLICIES AND PROCEDURES. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees COMPENSATION OF OTHER HIGH-LEVEL PERSONNEL AND KEY EMPLOYEES IS REVIEWED PERIODICALLY BY MEMBERS OF MANAGEMENT. EFFORTS ARE MADE TO SECURE COMPENSATION DATA FROM INDUSTRY SOURCES IN ORDER TO DETERMINE COMPETITIVENESS AND APPROPRIATENESS OF SALARIES AND ALL RELATED BENEFITS. ALL DECISIONS ARE THEN DOCUMENTED IN PERSONNEL FILES. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available ALL OF THE ORGANIZATION'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND OTHER LEGALFILINGS ARE MAINTAINED IN A SECURE ENVIRONMENT AND HELD AVAILABLE FOR INSPECTION BYTAX AUTHORITIES AND THE GENERAL PUBLIC. TAX RETURNS ARE POSTED ANNUALLY TOWWW.GUIDESTAR.ORG (WHERE THEY ARE AVAILABLE FOR VIEWING AS ELECTRONIC COPIES) AND ARE ALSO AVAILABLE FOR A PHYSICAL INSPECTION AT THE ORGANIZATION'S OFFICEs IN CHICAGO, ILLINOIS AND SAN FRANCISCO, CALIFORNIA. Other Changes In Net Assets Or Fund Balances - Other Increases Change in unamortized discount = $14747