Sparkles Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 883255355 ✦ San diego, CA ✦ Designated as a 501(c)(3)

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Overview

What is Sparkles Foundation Inc?

The Sparkles Foundation Inc, a nonprofit organization, is committed to helping orphaned children. They achieve this mission by organizing a fashion show as a fundraising event. A significant portion of the event's earnings, around 85%, is then disbursed to five distinct organizations for their aid initiatives. The Foundation's work focuses on using fundraising events and partnerships to support orphaned children worldwide.

Is Sparkles Foundation Inc legitimate?

Sparkles Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sparkles Foundation Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of Sparkles Foundation Inc?

The Sparkles Foundation, in its mission, focuses on aiding orphaned children. It accomplishes this by raising funds and offering assistance. A significant part of its efforts involves organizing a fashion show, with a substantial portion of the earnings, amounting to 85%, being donated to five distinct organizations, thereby extending its reach and impact.

Who is the CEO of Sparkles Foundation Inc?

Kathy Kassardjian is the Ceo of Sparkles Foundation Inc. The CEO's salary of Sparkles Foundation Inc is $0 and their total compensation is $0.

What is the revenue of Sparkles Foundation Inc?

Sparkles Foundation Inc's revenue in 2022 was $173,405.

Who are the executives of Sparkles Foundation Inc and what are their salaries?


Here are 3 key members and their salaries (Sparkles Foundation Inc's CEO's salary is $0 and their total compensation is $0):


Kathy Kassardjian (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nora Balmer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rita Kanberian (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Sparkles Foundation Inc?

Sparkles Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Sparkles Foundation Inc

The Sparkles Foundation, a nonprofit organization, is committed to aiding orphaned children. They accomplish this mission through fundraising and providing assistance. One of their primary programs involves organizing a fashion show, with the majority of the event's profits being donated to five distinct organizations. This initiative allows the Sparkles Foundation to extend its reach and impact, offering support to a wider range of orphaned children in need.

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Impact




October, 2024

Sparkles Foundation Inc makes a significant impact by supporting orphaned children through fundraising and assistance initiatives. Its core activity involves organizing a fashion show, which raises funds and allocates 85% of its profits to five different organizations dedicated to enhancing the lives of these vulnerable youth. By fostering community involvement and creativity, Sparkles Foundation not only provides financial resources but also raises awareness about the needs of orphan children. The foundation operates in San Diego, California, embodying a mission centered on human services and the well-being of children in need. Through its programs, Sparkles Foundation works to create lasting change in the lives of orphans, offering them hope, support, and opportunities for a brighter future.




This information is meant to be a general summary of Sparkles Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$173,405 (2022)
Expenses
$146,126 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $173,405

Assets and Liabilities:

  • Total Assets: $31,439
  • Total Liabilities: $4,160
  • Net Assets: $27,279

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Organization Details

Principal Officer

Kathy Kassardjian

Main Address

12119 View Pointe Row, San Diego, CA, 92128

NTEE Category

Code: P12 - Human services

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