Spark Climate Solutions Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 11,729,345 | 2,343,574 | 9,385,771 | 48.1 | 30% |
| 2023 | 6,363,291 | 5,161,197 | 1,202,094 | 24.6 | 28% |
In its most recent public year (2023), this organization brought in $1,202,094 more than it spent. Its reserves stood at about 24.6 months of spending, down from 48.1 in 2022. Staff pay was 28% of spending. $5,256,877 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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