Nebraska · Nonprofit
SPARK CAPITAL
SPARK CAPITAL (Nebraska) receives grants from 6 organizations whose IRS filings report $2,340,285 to it, the largest being THE SHERWOOD FOUNDATION ($1,498,062). 2 of them have funded it in more than one year.
- Revenue FY2024
- $1.9M
- Funders on record
- 6
- Grants received
- $2.3M
- Net assets
- $4.3M
What Spark Capital does
Mission
Spark Capital was organized and is operated exclusively for the benefit of, or to carry out the purposes of, spark as a supporting organization. The organization will provide financial and educational services to economically distressed communities in and around omaha, nebraska and council bluffs, iowa in order to promote social welfare and to combat community deterioration.
As stated on its FY2024 Form 990.
Programs
Spark Capital will issue loans to recipient organizations to finance community development projects, including affordable housing projects, commercial projects and community development projects (such as healthcare and educational facilities). These community development activities will be located in, or serve to benefit, economically disadvantaged areas in and around omaha, nebraska and council bluffs, ia. The goal of all finance projects will be to create community benenfit for the targeted economically disadvantaged area, such as through formation of new businesses, job creation and access to affordable housing for residents, or the facilitation of population growth.
$515,238 spent$135,336 earned by the program92% of program spendingEducational services will be provided in the form of technical assistance to individuals seeking to form organizations and established organizations that plan to develop poor and distressed communities by providing housing and amenities for low- and moderate-income populations. Through Spark Capital's provision of technical assistance, recipient individuals and organizations will be better equipped to form community development projects in the targeted economically disadvantaged areas, resulting in community benefit.
$45,595 spent$11,976 earned by the program8% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $560,833.
The organization over time
Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $4.8M to $9.8M (+106%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2022 83% · 2023 14% · 2024 3%. Grants only. Government contracts and fees sit inside program revenue.
85% of SPARK CAPITAL’s revenue is contributions — more donation-reliant than the typical peer (81% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 4 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Buey Ray Tut
Chief executive officer
As listed on its FY2024 Form 990.
Who funds it, year by year
2021 → 2023: the base narrowed from 3 funders to 1 funder, grant income fell $326k → $144k.
1 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $628k from one payer (the payer shares this organization's board, largest Spark). These are real filings, and they are not money SPARK CAPITAL raised.
From the IRS filings of SPARK CAPITAL’s funders (the co-funder graph). Top 5 of 6 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
SPARK CAPITAL leans on a few funders — its largest provides 64% of grant income and the top three 98%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2021 91% · 2022 100% · 2023 100% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of SPARK CAPITAL's grant income comes from Nebraska funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $20k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
SPARK CAPITAL runs a healthier operating margin than three-quarters of the 11,263 human services nonprofits its size.
this organization peer median middle 50% of peers· 11,263 human services nonprofits $1M–$10M, FY2024
Government funding SPARK CAPITAL receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $375k on record.
- Department of the Treasury$375k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like SPARK CAPITAL
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Nebraska
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
82% of spending goes to programs.
Governance
Footprint & structure
Part of a family of 3 related entities
- Fabric LLC · disregarded
- Sparking Development · disregarded
- Spark · exempt
Screen this organization
A dated, signed PDF of the compliance screen for SPARK CAPITAL: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds SPARK CAPITAL?
- SPARK CAPITAL (Nebraska) receives grants from 6 organizations whose IRS filings report $2,340,285 to it, the largest being THE SHERWOOD FOUNDATION ($1,498,062). 2 of them have funded it in more than one year.
- How many funders does SPARK CAPITAL have?
- IRS filings report 6 organizations giving $2,340,285 in grants to SPARK CAPITAL, 2 of which have funded it in more than one year.
- Who is the largest funder of SPARK CAPITAL?
- THE SHERWOOD FOUNDATION is the largest funder on record, with $1,498,062 in grants. The full list of funders is on this page.
- How can an organization like SPARK CAPITAL find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Nebraska. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Spark Capital →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2021–2024), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing