2014-07-23T09:52:22-05:00 2013-12-31 382706146 YEO & YEO PC 455 E EISENHOWER PKWY STE 102 ANN ARBOR MI 481083321 990 2013-01-01 383416745 ANN ARBOR SPARK FOUNDATION ANNA 7347619317 201 S DIVISION ST STE 430 ROOM/SUITE 430 ANN ARBOR MI 48104 PAUL KRUTKO PRESIDENT 7347619317 2014-07-21 THOMAS A O'SULLIVAN P01321877 7347691331 2014-07-23 2013 2015-11-30 17:44:51Z PAUL KRUTKO 201 S DIVISION STE 430 ANN ARBOR MI 48104 1042466 false X WWW.ANNARBORUSA.ORG X 1998 MI 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. 17 17 0 0 236997 311200 2437181 731266 -2722181 0 0 -48003 1042466 0 0 71620 0 0 0 2239713 1001902 2311333 1001902 -2359336 40564 284685 267400 211400 153551 73285 113849 X 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. false true 878905 ANN ARBOR SPARK FOUNDATION MANAGES THE ACCELERATE MICHIGAN INNOVATION COMPETITION. THE ACCELERATE MICHIGAN INNOVATION COMPETITION IS AN INTERNATIONAL BUSINESS COMPETITION DESIGNED TO HIGHLIGHT MICHIGAN AS A ROBUST AND VIBRANT VENUE FOR INNOVATION AND BUSINESS OPPORTUNITY. THE COMPETITION WILL FUEL INNOVATION-BASED BUSINESS GROWTH BY UNCOVERING THE BEST AND BRIGHTEST NEW BUSINESS CONCEPTS FROM LOCAL AND GLOBAL ENTREPRENEURS, EXPOSING THOSE OPPORTUNITIES TO POTENTIAL INVESTMENT CAPITAL AND FOSTERING THEIR GROWTH WITHIN MICHIGAN. THE ACCELERATE MICHIGAN INNOVATION COMPETITION TARGETS MID-TO-LATE-SEED STAGE BUSINESSES WITH POTENTIAL TO GENERATE AN IMMEDIATE IMPACT ON MICHIGAN'S ECONOMY, AS WELL AS STUDENT CONCEPTS WITH LONGER-TERM BUSINESS VIABILITY. WITH NEARLY 1 MILLION IN CASH AWARDS, PLUS IN-KIND SERVICES, THE ACCELERATE MICHIGAN INNOVATION COMPETITION IS ONE OF NORTH AMERICA'S LARGEST BUSINESS COMPETITIONS. THE MISSION IS FOCUSED ON CREATING GLOBAL AWARENESS OF MICHIGAN AS A DYNAMIC AREA OF INNOVATION, INCREASING CAPITAL FOR EARLY STAGE COMPANIES, AND STATE-WIDE ECONOMIC AND RESOURCE DEVELOPMENT. 106753 THE ORGANIZATION PROVIDES FUNDING AND SUPPORT FOR THE ACTIVITIES OF ANN ARBOR SPARK TO ADVANCE THE ECONOMIC DEVELOPMENT OF INNOVATION-BASED BUSINESSES IN THE ANN ARBOR REGION. 985658 true true false false false false false false false false false false false false true false true true 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 true false false false true 23 0 0 false false false false false false false false false false false false false false X 17 17 false false false false false false false true true false false true true true true true true true true false MI X X X LIZ PERPICH 7345279143 201 S DIVISION STE 430 ANN ARBOR MI 48104 CYNTHIA WILBANKS VICE-CHAIR 1.00 X 0 0 0 DAVID PARSIGIAN SECRETARY 1.00 X 0 0 0 TREVOR LAUER TREASURER 1.00 X 0 0 0 ROBERT E GUENZEL BOARD MEMBER 1.00 X 0 0 0 ALBERT BERRIZ BOARD MEMBER 1.00 X 0 0 0 MIKE KENNEDY BOARD MEMBER 1.00 X 0 0 0 CHARLES GULASH BOARD MEMBER 1.00 X 0 0 0 JOHN HIEFTJE BOARD MEMBER 1.00 X 0 0 0 DR SUSAN W MARTIN BOARD MEMBER 1.00 X 0 0 0 DR MARY SUE COLEMAN BOARD MEMBER 1.00 X 0 0 0 JONATHAN S NEWPOL BOARD MEMBER 1.00 X 0 0 0 ROGER S NEWTON BOARD MEMBER 1.00 X 0 0 0 RICHARD B SHERIDAN BOARD MEMBER 1.00 X 0 0 0 TIMOTHY G MARSHALL CHAIR 1.00 X 0 0 0 PAUL DIMOND BOARD MEMBER 1.00 X 0 0 0 ORA PESCOVITZ BOARD MEMBER 1.00 X 0 0 0 MIKE STAEBLER BOARD MEMBER 1.00 X 0 0 0 PAUL KRUTKO PRESIDENT/BO 40.00 X 0 251665 24997 JOSEPH SIMMS VICE PRESIDE 40.00 X 0 157724 20016 409389 45013 false true false VARSITY NEWS NETWORK 201MONROE AVENUE SUITE 300 GRAND RAPIDS MI 49503 250000 1 311200 311200 ACCELERATOR GRANTS 900099 706250 706250 FACILITY 900099 25016 25016 731266 1042466 731266 X 949 949 122398 122398 62700 62700 6241 6241 2408 2408 21527 21527 2021 2021 12845 12845 COMPETITION AWARDS 635000 635000 ECONOMIC DEVELOPMENT 90250 90250 COMPETITION MEALS 19509 19509 BAD DEBT 15295 15295 10759 10759 1001902 985658 16244 0 95262 34078 21 176557 233322 12845 284685 267400 60625 141967 150775 11584 211400 153551 X 73285 113849 73285 113849 284685 267400 40564 X false true X true false X X X false false false ANN ARBOR SPARK ANN ARBOR SPARK 382436899 9 true true true 140250 1 140250 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED DUE TO ANN ARBOR SPARK 11584 11584 1042466 1042466 1042466 1001902 1001902 1001902 false false false false false false false false false PAUL KRUTKO PRESIDENT/BOARD MEMB 228490 23175 9349 15648 276662 JOSEPH SIMMS VICE PRESIDENT 143082 14642 6144 13872 177740 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 2, PART III, LINE 3 IN 2012 THE ANN ARBOR SPARK FOUNDATION FORMALLY DISOLVED THE MLSIC (MICHIGAN LIFE SCIENCE AND INNOVATION CENTER), A FACILITY THAT HOUSED ENTREPRENEUR START-UP COMPANIES AND WET LAB FACILITIES. IN 2013 THE FINAL STAGES OF DISOLUTION; INCLUDING FINAL COLLECTIONS AND PAYMENTS WAS COMPLETED BY THE FOUNDATION. FORM 990, PAGE 2, PART III, LINE 4A MILLION IN CASH AWARDS, PLUS IN-KIND SERVICES, THE ACCELERATE MICHIGAN INNOVATION COMPETITION IS ONE OF NORTH AMERICA'S LARGEST BUSINESS COMPETITIONS. THE MISSION IS FOCUSED ON CREATING GLOBAL AWARENESS OF MICHIGAN AS A DYNAMIC AREA OF INNOVATION, INCREASING CAPITAL FOR EARLY STAGE COMPANIES, AND STATE-WIDE ECONOMIC AND RESOURCE DEVELOPMENT. FORM 990, PAGE 6, PART VI, LINE 11B THE ORGANIZATION INFORMS THE BOARD OF DIRECTORS, ADMINISTRATION COMMITTEE AND EXECUTIVE COMITTEE WHEN THE 990 IS AVAILABLE TO REVIEW AND VIEW. FORM 990, PAGE 6, PART VI, LINE 12C IF THERE IS A CONFLICT OF INTEREST THAT EXISTS, ANN ARBOR SPARK FOUNDATION FOLLOWS UP WITH ITS BOARD OF DIRECTORS. THE BOARD DECIDES IF IT IS A CONFLICT AND THE PROCEDURES THAT WILL BE FOLLOWED. FORM 990, PAGE 6, PART VI, LINE 15A THE COMPENSATION COMMITTEE IS A PART OF THE BOARD THAT REVIEWS SALARY SURVEYS FOR THE INDUSTRY FORM 990, PAGE 6, PART VI, LINE 15B THE COMPENSATION COMMITTEE IS A PART OF THE BOARD THAT REVIEWS SALARY SURVEYS FOR THE INDUSTRY 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. THE MOST RECENTLY FILED FORM 990 IS POSTED ON ANN ARBOR SPARK'S WEBSITE. GOVERNING DOCUMENTS AND POLICIES ARE NOT GENERALLY 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 GOVERNING DOCUMENTS. FORM 990, PART IX, LINE 11G PROGRAM ADMINISTRATION 122,398 0 0 ANN ARBOR SPARK 201 S DIVISION STE 430 ANN ARBOR MI 48104 382436899 ECON. DEVE MI 6 N/A false false true false false false false false false false false false false false false false false false false false ANN ARBOR SPARK B 140250 COST