Education
(B90)
IRS Verified
DX Registered
990 on File
SPARKWHEEL INC
Financial strength (30%)
87/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Mission Statement
The mission of SparkWheel is to remove barriers and provide those we serve with the tools and resources they need to thrive, now and into the future.
Financial Overview — FY 2025
$6.2M
Total Revenue
$7.2M
Total Expenses
$2.4M
Net Assets
104
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
77.4%
Fundraising Efficiency
N/A
Operating Reserve
3.94x
Liability-to-Asset
17.1%
Revenue Diversification
76.2%
Executive Compensation
$317K
Compared with Peers
FY 2025
Compared with 5,421 similar organizations
(United States, Education, $1M–$10M in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
77.4% | 84.2% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
16.0% | 12.9% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
6.6% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
3.9 mo | 9.0 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
17.1% | 21.7% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
76.2% | 89.4% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-2.1% | 5.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-5.7% | 6.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-16.4% | 3.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $6.2M | $7.2M | $2.4M | 77.4% | 104 |
| 2024 | $6.3M | $7.6M | $3.4M | 78.5% | 107 |
| 2023 | $6.7M | $8.4M | $4.7M | 82.0% | 114 |
| 2022 | $10.7M | $6.4M | $5.6M | 84.4% | 99 |
| 2021 | $5.6M | $5.6M | N/A | — | 93 |
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