Skip to main content

Nonprofit · EIN 45-3940350

SPARK INSTITUTE INC

Also known as APARK

Tax-exempt · SIMSBURY, CT 06070

Financials

$1.9M$2.2M2023$2.2M$2.2M2024
Revenue Expenses · by fiscal year end
Financials of SPARK INSTITUTE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,247,165$2,200,729$46,436$2,730,264$330,474$2,399,790
December 31, 2023990$1,863,776$2,168,346-$304,570$2,624,583$265,199$2,359,384
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,198,342
Investment income
$48,823
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$745,984
Salaries, compensation and benefits (total)
$821,110
Professional fundraising fees
$0
Accounting fees
$25,065
Depreciation
$239,000
Program services (functional)
$1,854,714
Management and general (functional)
$346,015

Balance sheet and other

Total assets, start of year
$2,624,583
Total assets, end of year
$2,730,264
Total liabilities, end of year
$330,474
Net assets, end of year
$2,399,790
Publicly traded securities
$938,121
Net assets without donor restrictions
$2,399,790
Gross receipts
$2,247,165
Employees
2
Year formed
2011
State of legal domicile
MO

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
TIMOTHY ROUSEEXECUTIVE DI
Officer
40$539,984
MARLENE D JUNGCOO AND CFO
Officer
40$206,000
CRAIG BELLAROSADIRECTOR
Trustee or director
0.25$0
RICK IRACEDIRECTOR
Trustee or director
0.25$0
JOHN MCCARTHYDIRECTOR
Trustee or director
0.25$0
BRANT WONGDIRECTOR
Trustee or director
0.25$0
WILLIAM BYERLYDIRECTOR
Trustee or director
0.25$0
JUDY NELSONDIRECTOR
Trustee or director
0.25$0
MATT CONDOSDIRECTOR
Trustee or director
0.25$0
RICH MAGNERDIRECTOR
Trustee or director
0.25$0
NATE MILESDIRECTOR
Trustee or director
0.25$0
FRANCISCO NEGRONDIRECTOR
Trustee or director
0.25$0
MICHAEL MILLERTREASURER
Trustee or director, Officer
0.25$0
TODD MCGRATHVICE CHAIRMA
Trustee or director, Officer
0.25$0
JOSEPH SMOLENCHAIRMAN
Trustee or director, Officer
0.25$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensation
TIMOTHY ROUSEEXECUTIVE DI
Officer
40$539,361
MARLENE D JUNGCOO AND CFO
Officer
40$205,585
CRAIG BELLAROSADIRECTOR
Trustee or director
0.25$0
RICK IRACEDIRECTOR
Trustee or director
0.25$0
JOHN MCCARTHYDIRECTOR
Trustee or director
0.25$0
BRANT WONGDIRECTOR
Trustee or director
0.25$0
WILLIAM BYERLYDIRECTOR
Trustee or director
0.25$0
JUDY NELSONDIRECTOR
Trustee or director
0.25$0
MATT CONDOSDIRECTOR
Trustee or director
0.25$0
RICH MAGNERDIRECTOR
Trustee or director
0.25$0
NATE MILESDIRECTOR
Trustee or director
0.25$0
FRANCISCO NEGRONDIRECTOR
Trustee or director
0.25$0
MICHAEL MILLERTREASURER
Trustee or director, Officer
0.25$0
TODD MCGRATHVICE CHAIRMA
Trustee or director, Officer
0.25$0
JOSEPH SMOLENCHAIRMAN
Trustee or director, Officer
0.25$0

Address and contacts

Address (IRS master file)
PO BOX 333, SIMSBURY, CT 06070-0333
Principal officer (990 for 2024)
TIMOTHY ROUSE, 9 PHELPS LANE, SIMSBURY, CT 06070
Signed the 990
MICHAEL MILLER, TREASURER
Phone
(860) 658-5058
Return prepared by
MAHONEY SABOL & COMPANY LLP

Mission

THE SPARK INSTITUTE, INC. ("SPARK") HELPS TO SHAPE NATIONAL RETIREMENT POLICY BY PROVIDING RESEARCH, EDUCATION, TESTIMONY AND COMMENTS ON PENDING LEGISLATIVE AND REGULATORY ISSUES TO MEMBERS OF CONGRESS AND RELEVANT GOVERNMENT AGENCY OFFICIALS. WE HELP SHAPE NATIONAL RETIREMENT POLICY BY DEVELOPING AND ADVANCING POSITIONS ON CRITICAL ISSUES THAT AFFECT PLAN SPONSORS, PARTICIPANTS, SERVICE PROVIDERS, AND INVESTMENT PROVIDERS. OUR MEMBERS INCLUDE RECORD KEEPERS, MUTUAL FUND COMPANIES, BROKERAGE FIRMS, INSURANCE COMPANIES, BANKS, CONSULTANTS, TRADE CLEARING FIRMS AND INVESTMENT MANAGERS. OUR MEMBERS PLAY A KEY ROLE IN IDENTIFYING OUR PRIORITIES AND IN DEVELOPING THE POSITIONS WE TAKE ON CRITICAL ISSUES. COLLECTIVELY, OUR MEMBERSHIP SERVICES APPROXIMATELY 100 MILLION EMPLOYER- SPONSORED PARTICIPANTS.

990 for the year ended December 31, 2024

Program accomplishments

  • SHAPE NATIONAL RETIREMENT POLICY PROVIDING RESEARCH, EDUCATION, TESTIMONY AND COMMENTS ON PENDING LEGISLATIVE AND REGULATORY ISSUES TO MEMBERS OF CONGRESS AND RELEVANT GOVERNMENT AGENCY OFFICIALS. OUR MEMBERS PLAY A KEY ROLE IN IDENTIFYING OUR PRIORITIES AND IN DEVELOPING THE POSITIONS WE TAKE ON CRITICAL ISSUES.
    Expenses $1,854,714 · revenue $2,198,342

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
45-3940350
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2012
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,730,264
Income (IRS master file)
$2,247,165

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,247,165$2,200,729$2,730,264XML
990December 2023$1,863,776$2,168,346$2,624,583XML
990December 2022$1,837,476$2,094,808$3,027,771IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 45-3940350).

Questions about SPARK INSTITUTE INC

What is the EIN of SPARK INSTITUTE INC?
The employer identification number (EIN) of SPARK INSTITUTE INC is 45-3940350.
Is SPARK INSTITUTE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2012.
Are donations to SPARK INSTITUTE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does SPARK INSTITUTE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SPARK INSTITUTE INC 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 SPARK INSTITUTE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SPARK INSTITUTE INC?
The 990 for the year ended December 31, 2024 names TIMOTHY ROUSE.
Who are the officers and directors of SPARK INSTITUTE INC?
The 990 for the year ended December 31, 2024 lists 15 people; 2 received compensation from the organization, the highest $539,984 (TIMOTHY ROUSE, EXECUTIVE DI).
How much revenue does SPARK INSTITUTE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,247,165, expenses of $2,200,729 and total assets of $2,730,264 at year end.

Other nonprofits in SIMSBURY

All nonprofits in SIMSBURY · Connecticut · Mutual and membership benefit