EIN 51-0626562

Spark Ventures

IRS 501(c) type
501(c)(3)
Num. employees
2
Year formed
2007
Most recent tax filings
2023-06-01
NTEE code, primary
Description
Spark Ventures creates sustainable programs aiming to break the cycle of poverty by providing education, healthcare, jobs and entrepreneurial opportunities.
Total revenues
$720,313
2023
Total expenses
$835,582
2023
Total assets
$507,676
2023
Num. employees
2
2023

Program areas at Spark Ventures

The organization assists about 800 vulnerable children, teens and adults in zambia, nicaragua, mexico and chicago through programs that provide the children with education, food, shelter, health care and emotional support as well as vocational workshops, entrepreneurial opportunities and jobs for vulnerable teens and adults. The organization also uses funds to enhance and expand the effectiveness of partner programs, develop and train personnel, and execute capital projects.
The organization provides domestic volunteer opportunities as well as international service learning and volunteer travel opportunities to visit and engage first-hand with its partner organizations. Additionally, a portion of the trip costs goes toward supporting the partner organization. Partnership trips were suspended in fy21 due to covid restrictions & safety concerns.
The organization educates and raises awareness by communicating the needs and vision of partner organizations as well as sharing information regarding the conditions and realities within the partners' countries and communities.

Who funds Spark Ventures

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
James B Tafel FoundationCharitable$20,000
Morgan Stanley Global Impact Funding TrustUnrestricted General Support$20,000
Schwab Charitable FundInternational, Foreign Affairs$15,266
...and 11 more grants received

Personnel at Spark Ventures

NameTitleCompensation
Kristin SchrepfermanExecutive Director$89,600
Kathryn WolfSecretary / Vice Chairperson / Director$0
Doak ElliottTreasurer / Director$0
Michael CampbellChairperson / Vice Chair / Director$0
Julie Tafel KlausVice Chair / Director$0
...and 5 more key personnel

Financials for Spark Ventures

RevenuesFYE 06/2023
Total grants, contributions, etc.$600,073
Program services$101,979
Investment income and dividends$1,364
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$16,897
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$720,313

Form 990s for Spark Ventures

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-14990View PDF
2022-062022-12-12990View PDF
2021-062021-12-20990View PDF
2020-062021-04-06990View PDF
2019-062020-07-08990View PDF
...and 9 more Form 990s

Organizations like Spark Ventures

OrganizationLocationRevenue
Hugs FoundationRochester, NY$638,662
BLUE Missions GroupMiami, FL$3,081,891
Choice Humanitarian (CHOICE)Draper, UT$3,317,025
Well AwareAustin, TX$1,518,790
Team TassyLos Angeles, CA$1,284,947
Communities Organizing for Haitian Engagement and DevelopmentSaint Paul, MN$455,095
New Life for HaitiPlainfield, IL$428,480
Haiti OutreachGolden Valley, MN$706,913
Hope for Haiti FoundationCary, NC$205,742
Won By One To JamaicaDubois, PA$1,434,926
Data update history
August 10, 2024
Updated personnel
Identified 2 new personnel
July 31, 2024
Received grants
Identified 5 new grant, including a grant for $13,000 from Vallavbhai and Savitaben Patel Foundation
July 13, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 18, 2024
Received grants
Identified 3 new grant, including a grant for $20,000 from James B Tafel Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
International-focused organizationsFamily service centersCharities
Issues
Foreign affairsInternational development
Characteristics
Fundraising eventsOperates internationallyCommunity engagement / volunteeringGala fundraisersTax deductible donationsAccepts online donations
General information
Address
208 S Lasalle
Chicago, IL 60604
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
sparkventures.org/ 
Phone
(773) 293-6710
IRS details
EIN
51-0626562
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2007
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
Q33: International Relief
NAICS code, primary
624230: Emergency and Relief Services
Parent/child status
Independent
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