Spark Makerspace Co FY2021 filing

Tax-deductible

New London, CT501(c)(3)Since 2015Human ServicesEIN 47-5056168

Our mission is to support making and providing the location, tools, and equipment for people to pursue projects, facilitating the open and productive exchange of ideas, and engaging in community outreach and education.

501(c)(3) charity; gifts are tax-deductible.
38¢ of each $1 spent went to programs.
$39K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 7
filings with a surplus
Average surplus $64K a year · 31% of revenue · last 7 filings
Fine: a surplus in 5 of the last 7 filings.
Pt I · Ln 19 · 7 filings
Spent on programs
38%
of spending
Concern: 38% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$39K
to officers and key staff · 45% of spending
Concern: pay to officers and key staff is 45% of spending; over 30%.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 6.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $2K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$155K
32% of total assets
Looks good: liabilities are 32% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 9 voting members
Concern: none of 9 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$246K
+13% vs prior year
Spent
$86K
To programs
38%
Net assets
$335K
By yearFY2019–FY2025
Revenue
$246K
FY2021▲ +13%
Revenue by fiscal year
FY2019$204K
FY2020$217K
FY2021$246K
FY2022$231K
FY2023$155K
FY2024$202K
FY2025$166K
Expenses
$86K
FY2021▼ -11%
Expenses by fiscal year
FY2019$123K
FY2020$96K
FY2021$86K
FY2022$137K
FY2023$157K
FY2024$169K
FY2025$207K
Net assets
$335K
FY2021▲ +91%
Net assets by fiscal year
FY2019$55K
FY2020$176K
FY2021$335K
FY2022$427K
FY2023$427K
FY2024$463K
FY2025$422K

From the FY2021 Form 990 · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2019.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

38 cents of each dollar spent went to programs.

Program services 38% · $33K Management & general 40% · $34K Fundraising 22% · $19K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

9 people listed on the 990; $39K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Dir.
$38,750Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Casey Moran’s $44K as Executive Dir. is at the 31st percentile of top reported officer pay among 2168 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2022FY2021FY2020FY2019
Casey Moran$43,542$38,750$33,387$29,175

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Spark Makerspace Co executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides space, tools, and equipment for community projects and idea exchange.

Provided by the organization

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3 program services account for $33K of program spending, described in the organization's own filed words · FY2021.
01

Relocation

In January 2021, our rental space had weather damage to the roof, causing ceilings to collapse into the workshops. And the two heating systems stopped functioning leaving the space unsafe and uninhabitable.

$20Kprogram expense
02

Membership & Community

due to the pandemic restrictions and rental building damage, Spark was unable to open its doors to members. Instead, Spark provided virtual programming and meetups.

$12Kprogram expense
03

Education

facilitated a few online classes. Developed a new certification program for each space

$806program expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$2K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$246K
Ln 12
Gifts and grantsLn 1h$220K
Fees for servicesLn 2g$26K
Investment incomeLn 3$18
Money outPt IX
$86K
Ln 25
Programscol B$33K
Managementcol C$34K
Fundraisingcol D$19K
Owns and owesPt X
$335K
net assets · Ln 32
Cash and savingsLn 1–2$43K
Total assetsLn 16$490K
LiabilitiesLn 26$155K
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$220K
Government grantsLn 1e$45K
Fees for servicesLn 2g$26K
Investment incomeLn 3$18
Gains on assetsLn 7$0
Total revenueLn 12$246K
Assets in detailPt X, end of year
CashLn 1$43K
SavingsLn 2$0
Cash and savings togetherLn 1–2$43K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$428K
Other assetsLn 15$100
Total assetsLn 16$490K
LiabilitiesLn 26$155K
Net assetsLn 32$335K
OperationsPt I, VI
EmployeesI 53
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$58K$43K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$97K$428K
Total assetsLn 16$176K$490K
LiabilitiesLn 26$0$155K
Net assetsLn 32$176K$335K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$39K$13K$13K$13K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$3K$1K$1K$262
Management feesLn 11a$0
Legal feesLn 11b$5K$3K$2K$504
Accounting feesLn 11c$8K$4K$3K$760
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$348$348
Office expensesLn 13$3K$1K$1K$275
Information technologyLn 14$369$185$147$37
RoyaltiesLn 15$0
OccupancyLn 16$12K$6K$5K$1K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$4K$2K$2K$417
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$8K$4K$3K$764
InsuranceLn 23$6K$3K$2K$614
Other expenses (24a–d)Ln 24$12K$9K$2K$561
All other expensesLn 24e−$14K−$14K−$77−$20
Total functional expensesLn 25$86K$33K$34K$19K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $166K$207K−$41K$422K 990 PDF
FY2024 $202K$169K$33K$463K 990 PDF
FY2023 $155K$157K−$1K$427K 990 PDF
FY2022 $231K$137K$94K$427K 990 PDF
FY2021 Viewing $246K$86K$161K$335K 990 PDF
FY2020 $217K$96K$121K$176K 990 PDF
FY2019 $204K$123K$80K$55K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $246,191 across 11 lines filed
VIII-1a Federated campaigns$92,000
VIII-1e Government grants$45,383
VIII-1f All other contributions, gifts and grants$82,539
VIII-1h Total contributions, gifts and grants$219,922
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $26,251$26,251
VIII-3 Investment incomeRelated to mission $18$18
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $26,269$246,191
Part IX · Statement of functional expenses $85,510 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $13,175 · Management $12,788 · Fundraising $12,787$38,750
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $1,309 · Management $1,046 · Fundraising $262$2,617
IX-11a Management fees$0
IX-11b Legal feesPrograms $2,521 · Management $2,017 · Fundraising $504$5,042
IX-11c Accounting feesPrograms $3,800 · Management $3,040 · Fundraising $760$7,600
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotionFundraising $348$348
IX-13 Office expensesPrograms $1,376 · Management $1,100 · Fundraising $275$2,751
IX-14 Information technologyPrograms $185 · Management $147 · Fundraising $37$369
IX-15 Royalties$0
IX-16 OccupancyPrograms $5,987 · Management $4,790 · Fundraising $1,197$11,974
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestPrograms $2,085 · Management $1,668 · Fundraising $417$4,170
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $3,824 · Management $3,059 · Fundraising $764$7,647
IX-23 InsurancePrograms $3,068 · Management $2,454 · Fundraising $614$6,136
IX-24 Other expenses (24a–d)Programs $9,058 · Management $2,243 · Fundraising $561$11,862
IX-24e All other expensesPrograms −$13,659 · Management −$77 · Fundraising −$20−$13,756
IX-25 Total functional expensesPrograms $32,729 · Management $34,275 · Fundraising $18,506$85,510
Part X · Balance sheet $490,411 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $58,096$43,373
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $96,876$427,970
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assetsStart of year $20,982$18,968
X-15 Other assetsStart of year $1$100
X-16 Total assetsStart of year $175,955$490,411
X-26 Total liabilitiesStart of year $0$154,930
X-27 Net assets without donor restrictionsStart of year $145,534$335,481
X-32 Total net assets or fund balancesStart of year $175,955$335,481
X-33 Total liabilities and net assetsStart of year $175,955$490,411
Part XI · Reconciliation of net assets $335,481 net assets at year end
XI-1 Total revenue$246,191
XI-2 Total expenses$85,510
XI-3 Revenue less expenses$160,681
XI-4 Net assets at start of year$175,955
XI-9 Other changes in net assets−$1,155
XI-10 Net assets at end of year$335,481

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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