Nonprofit · EIN 82-2967525
SPROCKET INC
Tax-exempt · PADUCAH, KY 42001
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $969,651 | $789,420 | $180,231 | $2,873,721 | $1,721,583 | $1,152,138 |
| June 30, 2024 | 990 | $1,039,442 | $758,470 | $280,972 | $2,891,537 | $1,919,629 | $971,908 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $846,979
- of which government grants
- $842,347
- Program service revenue
- $117,030
- Investment income
- $5,642
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $67,217
- Compensation of officers, directors and key employees
- $128,458
- Other salaries and wages
- $141,837
- Salaries, compensation and benefits (total)
- $318,824
- Professional fundraising fees
- $0
- Accounting fees
- $19,520
- Occupancy
- $90,469
- Travel
- $6,431
- Depreciation
- $88,918
- Program services (functional)
- $572,716
- Management and general (functional)
- $216,704
Balance sheet and other
- Total assets, start of year
- $2,891,537
- Total assets, end of year
- $2,873,721
- Total liabilities, end of year
- $1,721,583
- Net assets, end of year
- $1,152,138
- Land, buildings and equipment
- $945,034
- Net assets without donor restrictions
- $1,152,138
- Gross receipts
- $969,651
- Employees
- 7
- Volunteers
- 8
- Year formed
- 2018
- State of legal domicile
- KY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Monica Bilak | Executive Director Trustee or director, Key employee, Highest-paid employee | 40 | $111,300 |
| Inez Hutchins | Board Chair Trustee or director, Officer | 1 | $0 |
| Jared Riley | Vice Chair Trustee or director, Officer | 1 | $0 |
| Terry Bradley | Treasurer Trustee or director, Officer | 1 | $0 |
| Terri Lundberg | Secretary Trustee or director, Officer | 1 | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Monica Bilak | Executive Director Trustee or director, Key employee, Highest-paid employee | 40 | $115,779 |
| John Truitt | President Trustee or director, Officer | 1 | $0 |
| Julie Tennyson | Vice President Trustee or director, Officer | 1 | $0 |
| Patrick Brumley | Secretary Trustee or director, Officer | 1 | $0 |
| Michale Ramage | Treasurer Trustee or director, Officer | 1 | $0 |
| Inez Hutchins | Director Trustee or director | 1 | $0 |
| Brandon Hall | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 3121 BROADWAY ST, PADUCAH, KY 42001-4305
- In care of
- % MONICA BILAK
- Mailing address (990-N for 2017)
- 3121 Broadway, Paducah KY 42001
- Principal officer (990 for 2024)
- Monica Bilak, 334 North 38th St, Paducah, KY 42001
- Principal officer (990-N for 2017)
- Monica Bilak, 3121 Broadway, Paducah KY 42001
- Signed the 990
- Monica Bilak, Executive Director
- Phone
- (270) 556-8240
- Website
- sprocketpaducah.com
- Return prepared by
- CYB Accounting
Mission
We serve as a pilot to help develop educational programs for the Paducah Innovations Hub as well as Entreprenuerial Innovations in the region.
Program accomplishments
- Educational Programs that promote entrprenuership and community learning developed and hosted by SprocketExpenses $572,716 · grants $707,347 · revenue $969,651
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 82-2967525
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2017
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B01)
- Assets (IRS master file)
- $2,873,721
- Income (IRS master file)
- $969,651
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $969,651 | $789,420 | $2,873,721 | XML |
| 990 | June 2024 | $1,039,442 | $758,470 | $2,891,537 | IRS |
| 990 | June 2023 | $1,029,539 | $889,450 | $2,740,633 | IRS |
| 990 | June 2022 | $978,676 | $1,027,638 | $1,447,101 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-N for 2017 Officer: Monica Bilak | December 31, 2017 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 82-2967525).
Questions about SPROCKET INC
- What is the EIN of SPROCKET INC?
- The employer identification number (EIN) of SPROCKET INC is 82-2967525.
- Is SPROCKET INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to SPROCKET INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SPROCKET INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SPROCKET INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SPROCKET INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of SPROCKET INC?
- The 990 for the year ended June 30, 2025 names Monica Bilak.
- Who are the officers and directors of SPROCKET INC?
- The 990 for the year ended June 30, 2025 lists 5 people; 1 received compensation from the organization, the highest $111,300 (Monica Bilak, Executive Director).
- How much revenue does SPROCKET INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $969,651, expenses of $789,420 and total assets of $2,873,721 at year end.
Other nonprofits in PADUCAH
- RAY AND KAY ECKSTEIN CHARITABLE TRUST EIN 39-6786592 · last filed 990-PF for 2024
- PADUCAH JUNIOR COLLEGE CORP EIN 61-6001156 · last filed 990 for 2025
- PLUMBERS & STEAMFITTERS LOCAL 184 EDUCATION & TRAINING FUND EIN 61-0723681 · last filed 990 for 2026
- PADUCAH PUBLIC SCHOOLS FOUNDATION INC EIN 61-1175239 · last filed 990 for 2025
- LEADERSHIP PADUCAH FOUNDATION INC EIN 61-1390534 · last filed 990-EZ for 2024
- CONCORD ELEMENTARY SCHOOL PTO EIN 61-1660303 · last filed 990-EZ for 2025
- MCCRACKEN COUNTY HIGH SCHOOL VOLLEYBALL BOOSTER CLUB LLC EIN 46-2966441 · last filed 990-EZ for 2024
- LONE ELEMENTARY PTO EIN 20-5451653 · last filed 990-EZ for 2025