One Spark Inc
Nonprofit profile at a glance
- EIN
- 455473493
- IRS 990-EZ coverage
- 2017–2020
- Forms available
- Form 990 2018, Form 990-EZ 2020
- Location
- Jacksonville, FL, USA
- Phone
- 9042500070
- Rating confidence
- Limited
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $0
- Expenses
- $131,927
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- Peter Rummell (Chairman)
- Michael Munz (Director)
- Abel Harding (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
One Spark is dedicated to promoting an environment to start, build, and scale new ideas. These goals are achieved by a number of different activities. To promote a culture of creativity and innovation, One Spark sponsors an annual event that brings together creative innovators working on solutions to environmental issues, art, technology, and social issues to raise awareness and a bit of financial assistance to those dedicated to working to build and scale new ideas. In order to highlight the growing number of creative innovators working or moving to Jacksonville, Florida. For consecutive days creators will come together to show their most amazing ideas, projects, and creations.
What it reported doing in 2020
One Spark is dedicated to promoting an environment to start, build, and scale new ideas. These goals are achieved by a number of different activities. To promote a culture of creativity and innovation, One Spark sponsors an annual event that brings together creative innovators working on solutions to environmental issues, art, technology, and social issues.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 37
- Transparency & Controls: 73
- Sustainability: 7
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 98.5%; rating input score 99
Transparency & Controls
- Consistency checks: 88.9%; rating input score 89; 1st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -9.1% per year; rating input score 0; 38th percentile among comparable filings
- Revenue growth: -22.9% per year; rating input score 0; 18th percentile among comparable filings
- Asset growth: 13.6% per year; rating input score 100; 77th percentile among comparable filings
Details
- Where the money goes: 98.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $130K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2017 to 2020
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.