Nonprofit · EIN 81-3057920
SPARK
Tax-exempt · OMAHA, NE 68102
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,457,261 | $1,255,706 | $201,555 | $7,506,474 | $4,771,410 | $2,735,064 |
| December 31, 2023 | 990 | $758,136 | $1,076,799 | -$318,663 | $2,599,787 | $71,480 | $2,528,307 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,336,940
- of which government grants
- $279,171
- Program service revenue
- $25,408
- Investment income
- $113,309
- Net rental income
- -$20,893
- Other revenue
- -$18,396
Expenses
- Grants and similar amounts paid
- $340,000
- Compensation of officers, directors and key employees
- $147,066
- Other salaries and wages
- $273,676
- Salaries, compensation and benefits (total)
- $498,893
- Professional fundraising fees
- $0
- Legal fees
- $13,716
- Accounting fees
- $48,903
- Occupancy
- $44,114
- Depreciation
- $3,344
- Program services (functional)
- $1,042,298
- Management and general (functional)
- $111,418
- Fundraising (functional)
- $101,990
Balance sheet and other
- Total assets, start of year
- $2,599,787
- Total assets, end of year
- $7,506,474
- Total liabilities, end of year
- $4,771,410
- Net assets, end of year
- $2,735,064
- Land, buildings and equipment
- $733,622
- Net assets without donor restrictions
- $1,927,022
- Net assets with donor restrictions
- $808,042
- Gross receipts
- $1,505,750
- Employees
- 13
- Volunteers
- 20
- Year formed
- 2016
- State of legal domicile
- NE
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BUEY TUT | CHIEF EXECUTIVE OFFICER Officer | 22 | $141,672 | $7,308 |
| ANGELA SMITH | SENIOR DIRECTOR Highest-paid employee | 22 | $136,500 | $5,397 |
| CAMMY WATKINS | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| JEFFREY KEMP | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| OJ SPOONER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| HOBSON POWELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR RALPH LASSITER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KENDRA RINGENBERG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHAD CLAUSER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ATHENA RAMOS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NANCY PRIDAL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANNETTE SMITH | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANGELA SMITH | INTERIM CEO THROUGH 7/31/23 Officer | 22 | $132,930 | $4,951 |
| ANGEL STARKS | DIRECTOR OF LEARNING AND DEVELOPMENT Highest-paid employee | 40 | $105,256 | $8,563 |
| BUEY TUT | CHIEF EXECUTIVE OFFICER AS OF 8/1/23 Officer | 22 | $56,842 | $6,935 |
| CAMMY WATKINS | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| JEFFREY KEMP | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| ANDREA KATHOL | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| ANNETTE SMITH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NANCY PRIDAL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR RALPH LASSITER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| OJ SPOONER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1111 N 13TH ST STE 311, OMAHA, NE 68102-4252
- Mailing address (990-N for 2016)
- 1700 Farnam Street, Omaha NE 68102
- Principal officer (990 for 2024)
- BUEY TUT, 1111 NORTH 13 STREET 311, OMAHA, NE 68102
- Principal officer (990-N for 2016)
- Sylvester Orsi, 1700 Farnam Street, Omaha NE 68102
- Signed the 990
- BUEY TUT, CEO
- Phone
- (402) 800-1242
- Website
- WWW.SPARKCDI.ORG
- Return prepared by
- FRANKEL LLC
Mission
ORGANIZATION WAS ESTABLISHED TO CHAMPION COMMUNITY DEVELOPMENT BY FORMING AND LEADING PARTNERSHIPS THAT CREATE, IMPLEMENT AND EVALUATE HOLISTIC REVITALIZATION PROJECTS.
Program accomplishments
- SPARK IS A 501(C) NONPROFIT ORGANIZATION THAT BRINGS A UNIQUE, COLLABORATIVE AND COMMUNITY-BASED APPROACH TO ECONOMIC DEVELOPMENT IN THE OMAHA/COUNCIL BLUFFS REGION. WE RECOGNIZE THAT PHILANTHROPIC ORGANIZATIONS, CIVIC INSITUTIONS, AND OTHER EQUITY PARTNERS HAVE THE RESOURCES TO IMPACT CHANGE WHILE COMMUNITY RESIDENTS, BUSINESS OWNERS AND OTHER STAKEHOLDERS BEST UNDERSTAND THE COMMUNITY'S NEEDS. SPARK SERVES AS A BRIDGE BETWEEN THESE VARIOUS PARTIES, LEVERAGING OUR EXPERTISE, RELATIONSHIPS AND FUNDING TO TRANSFORM NEIGHBORHOODS THROUGH A PROCESS OF HOLISTIC DEVELOPMENT. HOLISTIC DEVELOPMENT APPLIES RIGOROUS REAL ESTATE DEVELOPMENT METHODS WHILE CONSIDERING ALL THE FOUNDATIONAL ASSETS: SOCIAL, POLITICAL, ECONOMIC AND PHYSICAL, THAT ARE NECESSARY FOR COMMUNITIES TO THRIVE AND PROSPER. OUR ROLE IS TO SUPPORT AND SUPPLEMENT THE WORK OF EXISTING ORGANIZATIONS, BUILD UPON EXISTING COMMUNITY ASSETS, PROVIDE FUNDING, LEVERAGE RESOURES TO CLOSE FINANCING GAPS AND TO HELP EDUCATE AND MINIMIZE THE RISK FOR DEVELOPERS WHO WOULD OTHERWISE NOT INVEST IN THESE COMMUNITIES. MOREOVER, WE WORK HAND IN HAND WITH THE COMMUNITY TO IDENTIFY AND TRAIN COMMUNITY LEADERS TO EFFECTIVELY ADVOCATE FOR THEMSELVES BOTH NOW AND FOR FUTURE GENERATIONS.Expenses $1,042,298 · grants $340,000 · revenue $27,905
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 81-3057920
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31)
- Assets (IRS master file)
- $7,506,474
- Income (IRS master file)
- $1,505,750
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,457,261 | $1,255,706 | $7,506,474 | IRS |
| 990 | December 2023 | $758,136 | $1,076,799 | $2,599,787 | XML |
| 990 | December 2022 | $853,160 | $743,103 | $2,864,842 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2016 Officer: Sylvester Orsi | December 31, 2016 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about SPARK
- What is the EIN of SPARK?
- The employer identification number (EIN) of SPARK is 81-3057920.
- Is SPARK tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to SPARK tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SPARK 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 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 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?
- The 990 for the year ended December 31, 2024 names BUEY TUT.
- Who are the officers and directors of SPARK?
- The 990 for the year ended December 31, 2024 lists 12 people; 2 received compensation from the organization, the highest $141,672 (BUEY TUT, CHIEF EXECUTIVE OFFICER).
- How much revenue does SPARK have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,457,261, expenses of $1,255,706 and total assets of $7,506,474 at year end.
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- SOUTHSIDE REDEVELOPMENT CORPORATION EIN 84-2173880 · last filed 990 for 2025
- NEW BETTER BUSINESS BUREAU INC EIN 47-0258465 · last filed 990 for 2024
- OMAHA COMMUNITY PLAYHOUSE EIN 47-0399856 · last filed 990 for 2025
- BOLD EDUCATION FUND INC EIN 45-5369198 · last filed 990 for 2024
- LIONS EYE BANK OF NEBRASKA INC EIN 47-0666857 · last filed 990 for 2025
- 11TH STREET ENTERPRISES EIN 93-1412056 · last filed 990 for 2025
- NONPROFIT ASSOCIATION OF THE MIDLANDS EIN 47-0778684 · last filed 990 for 2024
All nonprofits in OMAHA · Nebraska · Community improvement and capacity building