ANN ARBOR SPARK Charity Report

Public IRS 990 nonprofit record

ANN ARBOR SPARK

EIN 38-2436899 · Homeowners & Tenants Associations (L50)

What they do

Ann Arbor SPARK Advances The Region By Encouraging and Supporting Business Acceleration, Attraction, Expansion and Retention. Our Organization Identifies and Meets The Needs of Companies At Every Stage, From Start-ups to Large Organizations. Ann Arbor SPARK Collaborates With Business, Academic, Government and Community Investment Partners to Position The Region As A Destination for Innovation.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $94.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders36 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

85.25%of revenue went to mission work94.3% of expenses · Program services

1.17%of revenue went to fundraising1.3% of expenses

$88.24spent for every $100 of revenueRevenue covered expenses this year.

3.97%of revenue went to management and office costs4.4% of expenses

$1.69in assets for every $1 spent this yearSome assets cannot be spent right away.

91.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $438,044 for PAUL KRUTKO (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$20,798,132

Mission workProgram services$17,730,03085.25% of revenue94.3% of expenses

ManagementOffice and general costs$824,7033.97% of revenue4.4% of expenses

FundraisingAsking for donations$243,1411.17% of revenue1.3% of expenses

Revenue left after expensesReported annual surplus$2,000,2589.62% of revenueShown in gray on the chart

Total expenses$18,797,87490.38% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2020CurrentExpense mix: 94.3% mission · 4.4% management · 1.3% fundraisingTotal expenses: 90.38% of revenue

2019Expense mix: 82.8% mission · 14.5% management · 2.7% fundraisingTotal expenses: 111.94% of revenue

2018Expense mix: 83.3% mission · 13.4% management · 3.2% fundraisingTotal expenses: 110.64% of revenue

2017Expense mix: 85.3% mission · 12.5% management · 2.2% fundraisingTotal expenses: 109.71% of revenue

2016Expense mix: 83.9% mission · 13.5% management · 2.5% fundraisingTotal expenses: 158.59% of revenue

Money in and money out

Revenue$12,807,921

Expenses$11,301,566

Annual surplus $1,506,355 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$17,730,030 · 156.9% of expenses

This source amount exceeds total expenses; compare the filing details carefully.

Management and office costs$824,703 · 7.3% of expenses

Fundraising$243,141 · 2.2% of expenses

See all reported dollar amounts

Revenue$12,807,921

Expenses$11,301,566

Assets$19,044,143

Income$12,944,075

Contributions$11,718,401

Mission work (program services)$17,730,030

Fundraising$243,141

Grants given$10,171,134

Average grant$10,411

Stocks and bonds$2,997,569

Accounting fees$49,505

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

PAUL KRUTKOPRESIDENT & CEO · 39 hrs/week $438,044Base $395,347 · Other $42,697

PHIL SANTERBUSINESS DEVELOPMENT V.P. · 40 hrs/week $200,760Base $194,019 · Other $6,741

WILLIAM MAYERENTREPRENEURIAL SRVS V.P. · 40 hrs/week $184,204Base $162,204 · Other $22,000

JENN HAYMANMARKETING V.P. · 40 hrs/week $164,211Base $136,195 · Other $28,016

MICHAEL FLANAGANCAPITAL PROGRAMS V.P. · 40 hrs/week $164,188Base $157,000 · Other $7,188

LAURA BERARDUCICOMMUNICATIONS DIRECTOR · 40 hrs/week $119,030Base $106,513 · Other $12,517

JENNIFER OLMSTEADBUSINESS DEVELOPMENT DIRECTOR · 40 hrs/week $111,510Base $106,319 · Other $5,191

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (36)

PAUL KRUTKOPRESIDENT & CEO

PHIL SANTERBUSINESS DEVELOPMENT V.P.

WILLIAM MAYERENTREPRENEURIAL SRVS V.P.

JENN HAYMANMARKETING V.P.

MICHAEL FLANAGANCAPITAL PROGRAMS V.P.

LAURA BERARDUCICOMMUNICATIONS DIRECTOR

JENNIFER OLMSTEADBUSINESS DEVELOPMENT DIRECTOR

MARK LEPAGEBOARD MEMBER

LON LOWENBOARD MEMBER

MILTON DOHONEYBOARD MEMBER

PATTI GLAZABOARD MEMBER

PAUL RONEYBOARD MEMBER

PETER MERTENSBOARD MEMBER

RICK SHERIDANBOARD MEMBER

ROBERT YOUNGBOARD MEMBER

SIMON WHITELOCKEVICE CHAIR

TIFFANY FORDSECRETARY

TIMOTHY MARSHALLBOARD MEMBER

TOM CRAWFORDCFO

TRISH REILLYBOARD MEMBER

MARCY MARSHALLBOARD MEMBER

BRANDON HOFMEISTERBOARD MEMBER

LEIGH GREDENBOARD MEMBER

KELLY SEXTONCHAIR

JUSTIN HODGEBOARD MEMBER

JOHN MCLAUGHLINBOARD MEMBER

JEFF HAUPTMANBOARD MEMBER

GREGORY DILLBOARD MEMBER

DR ROSE BELLANCABOARD MEMBER

DAVID SNODGRASSTREASURER

DAVID RUUDPAST CHAIR

DAVID PARSIGIANBOARD MEMBER

CHRIS SINGBOARD MEMBER

CHRIS KOWITZBOARD MEMBER

CHRIS KOLBBOARD MEMBER

BRENDA STUMBOBOARD MEMBER

About this charity

Recognized since: January 1984
Location: 330 EAST LIBERTY ST LOWER LEVEL, ANN ARBOR, MI 48104-2274
County: Washtenaw
In care of: Paul Krutko
Primary officer: Paul Krutko, President/CEO

How to reach them

WebsiteVisit the charity’s website Phone(734) 761-9317

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: YEO & YEO PC
NTEE classification: Homeowners & Tenants Associations (L50)
IRS tax category: Homeowners & Tenants Associations
Grant-giving organization: Yes

ANN ARBOR SPARK

ANN ARBOR SPARK

What they do

Should I give to this charity?

Basic facts we verified

Money made simple

Ask these three easy questions

Financial picture

How each $100 of revenue was used

Has the pattern changed?

Money in and money out

Reported spending amounts

Leadership and board

People reported as paid

About this charity

How to reach them

Filing and classification

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