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Nonprofit · EIN 85-3898934

AIME SPARK

Tax-exempt · CLARKSTON, MI 48346

Financials

$0$221K2023
Revenue Expenses · by fiscal year end
Financials of AIME SPARK by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$0$220,885-$220,885$267,474$0$267,474
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$206,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$206,000
Management and general (functional)
$14,885

Balance sheet and other

Total assets, start of year
$488,359
Total assets, end of year
$267,474
Total liabilities, end of year
$0
Net assets, end of year
$267,474
Gross receipts
$0
Employees
0
Volunteers
0
Year formed
2021
State of legal domicile
MI

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, 2023, highest compensation first.

NameTitleHours / weekCompensation
MARC SUMMERSPRESIDENT
Officer
–$0

Address and contacts

Address (IRS master file)
6401 CITATION DR, CLARKSTON, MI 48346-2992
Principal officer (990 for 2023)
MARC SUMMERS, 7160 ELDERWOOD CIR, CLARKSTON, MI 48346
Signed the 990
MARC SUMMERS, PRESIDENT
Phone
(215) 720-1794
Return prepared by
KELLIE RIGGS

Mission

The Spark small business grant programs will fuel new growth and employment opportunities in the wholesale mortgage industry.

990 for the year ended December 31, 2023

Program accomplishments

  • PROVIDING GRANTS TO RETAIL MORTGAGE PROFESSIONALS INTERESTED IN BECOMING MORTGAGE BROKER OWNERS. THE GOAL OF THE GRANT IS TO PROVIDE ADDITIONA RESOURCES TO BETTER EQUIP NEW WHOLESALE BROKERS WITH THE TOOLS THEY NEED TO SET UP A SUCCESSFUL INDEPENDENT BUSINESS THROUGH BOTH OUR FUNDING GRANT PROGRAM AND OUR TRAINING GRANT PROGRAM.
    Expenses $206,000 · grants $206,000

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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, 2025Not on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
85-3898934
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2021
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Human services (P99)
Assets (IRS master file)
$267,474

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2023$0$220,885$267,474XML
990December 2022$0$267,503$488,359IRS
990December 2021–––IRS

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 AIME SPARK

What is the EIN of AIME SPARK?
The employer identification number (EIN) of AIME SPARK is 85-3898934.
Is AIME SPARK tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to AIME SPARK tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AIME SPARK file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of AIME 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 AIME SPARK last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2023.
Who is the principal officer of AIME SPARK?
The 990 for the year ended December 31, 2023 names MARC SUMMERS.
Who are the officers and directors of AIME SPARK?
The 990 for the year ended December 31, 2023 lists 1 person; 0 received compensation from the organization.
How much revenue does AIME SPARK have?
On its 990 for the year ended December 31, 2023 it reported revenue of $0, expenses of $220,885 and total assets of $267,474 at year end.

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