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Nonprofit · EIN 23-7029788

SPARKS FOUNDATION

Tax-exempt · COLUMBIA, TN 38401

Financials

$1000K$374K2023$389K$469K2024
Revenue Expenses · by fiscal year end
Financials of SPARKS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$389,194$468,683-$79,489$7,279,001$0$7,279,001
December 31, 2023990-PF$999,885$374,120$625,765$6,424,463$0$6,424,463
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$5,000
Dividends
$126,655
Interest
$3,324
Net rental income
-$40
Net gain from sales of assets
$254,255

Expenses

Grants and similar amounts paid
$401,000
Disbursements for charitable purposes
$401,000
Excise tax on investment income
$4,577

Balance sheet and other

Total assets, start of year
$6,424,463
Total assets, end of year
$7,279,001
Total liabilities, end of year
$0
Net assets, end of year
$7,279,001
Fair market value of assets
$7,279,001
Qualifying distributions
$401,000
Net investment income
$384,194

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Robert D Sparks
2500 Carpenter Bride Rd, Columbia, TN 384017803
Trustee2$0
990-PF for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
Robert D Sparks
2500 Carpenter Bride Rd, Columbia, TN 384017803
Trustee2$0

Address and contacts

Address (IRS master file)
2500 CARPENTER BRIDGE RD, COLUMBIA, TN 38401-7803
Signed the 990-PF
Robert D Sparks, Trustee
Phone
(901) 230-5192
Return prepared by
Tate & Cox PC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
23-7029788
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2003
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$7,279,001
Income (IRS master file)
$1,531,277

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$389,194$468,683$7,279,001IRS
990-PFDecember 2023$999,885$374,120$6,424,463XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7029788).

Questions about SPARKS FOUNDATION

What is the EIN of SPARKS FOUNDATION?
The employer identification number (EIN) of SPARKS FOUNDATION is 23-7029788.
Is SPARKS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to SPARKS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does SPARKS FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of SPARKS FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SPARKS FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of SPARKS FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
How much revenue does SPARKS FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $389,194, expenses of $468,683 and total assets of $7,279,001 at year end.

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