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Nicholas Sparks Foundation

P.O. Box 6722 
Annapolis,  MD  21401

GENERAL INFORMATION

  • This organization is a 501(c)(3) Public Charity.
  • This organization is required to file an IRS Form 990 or 990-EZ.
  • Financial information in this report is derived from the organization's December 31, 2014 Form 990.

Web Site

www.nsparksfoundation.org


MISSION AND PROGRAMS

Mission

We inspire and transform students’ lives through educational programs, curriculum development, and distinctive international experiences, encouraging them to become fully engaged, and thoughtful, global citizens.

Programs

Program:Epiphany School of Global Studies
Budget: $250,000
Category: Education
Population Served: Youth/Adolescents only (14 - 19 years)

Program Description:



Balance Sheet Fiscal Year Ending December 31, 2014

Total Note: The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities also must be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Assets January 1, 2014December 31, 2014Change
Cash & Equivalent$162,920$87,363($75,557)
Accounts Receivable$0$0$0
Pledges & Grants Receivable$49,493$0($49,493)
Receivable/Other Due to changes in the 2008 Form 990, this data is no longer reported.$0$0$0
Inventories for Sale or Use$0$0$0
Investment/Securities Due to Changes in the 2008 Form, this value now includes Publicly Traded Securities as well as Other Securities. $0$0$0
Investment/Other Due to various changes in the way this data is reported in the 2008 Form 990, it may not be possible to accurately compare this data from the 2008 form 990 against the same field on prior forms $0$0$0
Fixed Assets The 2008 form does not distinguish between LBE as investments and LBE as fixed assets. This value is equivalent to the sum of both line items on earlier forms (Part IV line 55 plus line 57). $0$0$0
Other Program Related Investments is now a separate field on the new form, Part X-13(A) and (B). $200$200$0
Total Assets:$212,613$87,563($125,050)

LiabilitiesJanuary 1, 2014December 31, 2014Change
Accounts Payable$14,389$33,449$19,060
Grants Payable$0$0$0
Deferred Revenue$0$0$0
Loans and Notes The value on this line may now include payables to former employees, disqualified persons and unrelated third parties. $0$0$0
Tax-Exempt Bond Liabilities$0$0$0
Other Due to various changes in the way this data is reported in the 2008 Form 990, it may not be possible to accurately compare this data from the 2008 Form 990 against the same field on prior forms $0$0$0
Total Liabilities:$14,389$33,449$19,060

Fund Balance:$198,224$54,114($144,110)
 


 
 

Basic Information

 
 
EIN:45-3526660
Chief Executive: Mitchell Stoller
Contact: Mr. Mitchell Stoller, President & CEO
Telephone: 443 -837-6775
Fax: 443 -949-9541
E-mail: stollm3@gmail.com
Ruling Year: 2011
Fiscal Year End Date: December 31, 2014
Assets: $87,563
(from Dec 31, 2014 Form 990)
Income: $208,479
(from Dec 31, 2014 Form 990)
 
 

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