In a mixing bowl, combine cashew butter, sugar, egg, vanilla and stir together. In a small bowl, stir together baking soda, baking powder, salt, and cocoa powder. Add dry ingredients to wet ingredients and mix together to combine thoroughly. Fold in chocolate chips and sprinkles, cover with plastic wrap, and refrigerate for 15 minutes while you preheat your oven.
Preheat oven to 350F. Line baking sheet with silicone baking mats or parchment paper. Using a cookie scoop, scoop into 24 even balls, roughly 1.5 inches apart. Bake for 10-12 minutes, then allow to cool for 10 minutes to firm up and enjoy!