Sparrows Nest INC
Sparrows Nest INC is a youth development nonprofit based in Greensboro, NC, formed in 2004. For fiscal year 2025 it reported $95K in revenue, $88K in expenses, and $188K in net assets.Pt I
- Founded
- 2004
- Type
- Public charity (501(c)(3)) · Youth Development
- Location
- Greensboro, NC
- Website
- blacksuit.org
- Filings
- 6 on file (2020–2025)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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Where the work happens
The Black Suit Initiative's Entrepreneurship Program equips middle and high school young men with hands-on business experience through product development, branding, marketing, budgeting, and teamwork.
Suit purchases(uniforms)-Students completing the first year of the program receive a full black suit. We also replace and alter the suits of current members until they graduate. All members earned an average of 90 Service Learning hours within the school year.
With a partnership developed with Apple, students were provided with opportunities to engage in technology based workshops on a monthly basis. Fifty-five young men received these services
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 100% | — | — |
| Revenue growth | -24% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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