NonprofitsSparknc

Education

Sparknc

RALEIGH, NC

Total revenue

$7.1M

Total expenses

$973K

Net assets

$9.1M

Grants received

$658K

3 grants

EIN

921765886

Tax year

2024

Mission

Sparknc empowers students to discover careers in high-tech fields like cybersecurity, artificial intelligence and machine learning, software development and computer systems engineering. We help schools move away from traditional classes and rigid schedules. Instead, students choose what, where and how they learn. And educators have flexibility to use innovative strategies to deliver instruction in engaging ways to students across the state. We offer an extensive and constantly evolving catalog of learning experiences to give students different paths to gain knowledge and build skills, and to showcase what they learn in personalized digital portfolios of work. We also help students connect with industry experts through in-person events, team-based internships, and other rich experiences. By doing this we give students a competitive edge on their way to high-wage and socially impactful careers, providing a dynamic talent pipeline for north carolina.

Financials

FY 2024

Revenue

Contributions & grants$7.1M
Program service revenue
Investment income
Other revenue
Total revenue$7.1M

Expenses

Grants paid
Salaries & benefits$555K
Fundraising
Other expenses$417K
Total expenses$973K
Total assets$9.4M
Net assets$9.1M

People

7 listed

NameRoleCompensation

LYNN MOODY

PRESIDENT

Board

$148K

40 hrs/wk

DR BILL HARRISON

TREASURER

Board

2 hrs/wk

DR JIM MERRILL

SECRETARY

Board

2 hrs/wk

DR RANDY BRIDGES

CHAIR

Board

2 hrs/wk

DR DERWIN WARREN

BOARD MEMBER

Board

2 hrs/wk

JENNIFER BELL

BOARD MEMBER

Board

2 hrs/wk

ALLEN MASK

BOARD MEMBER

Board

2 hrs/wk

Grants received

Showing 3 of 3

FromAmountPurposeYear
$500K
WORK-BASED LEARNING
2024
$150K
EXPANSION OF HANDS-ON TECH LEARNING AND MENTORSHIP PROGRAM IN WNC.
2024
$8K
STIPEND
2024

Funded by

$658K from 3 funders · 3 grants · 2024

Massachusetts Higher Education

$500K · 1 grant · 2024

Dogwood Health Trust

$150K · 1 grant · 2024

Education Reimagined

$8K · 1 grant · 2024

Details

EIN921765886
NTEE codeB90
Subsection03
Ruling date2023-06
Formed2022
Employees8
Volunteers6
SPARKNC — Mission, Financials & Grants Received | Grantivo