IGNITE MINISTRIES (EIN 200366087) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2013

Legal Domicile

Principal Officer

DOUG SHERMAN

Phone

5123870302

Tax Period

2025-01-01 to 2025-12-31

IGNITE MINISTRIES, founded in 2013, is a micro nonprofit in the Religion sector that reported $97K in total revenue in fiscal year 2025. Revenue surged 105% from the prior year, signaling strong growth momentum. Expenses of $88K left a modest 9% surplus.

Mission

TO HELP PEOPLE RETHINK WHO GOD IS FROM THE GROUND UP.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $96,604

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $96,604

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $86,190

Other Expenses $87,635

TOTAL EXPENSES $87,635

Year-over-Year Comparison

	2025	2024	Change
Revenue	$96,604	$47,088	+1.1%
Expenses	$87,635	$66,830	+0.3%
Net Income	$8,969	$-19,742	-1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

$48,149

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOUG SHERMAN	FOUNDER	10.00	Officer	$0	$0	$0
TJ MORELLI	DIRECTOR	2.00	Director	$0	$0	$0
DG ELMORE	DIRECTOR	2.00	Director	$0	$0	$0
DAN MILLER	DIRECTOR	2.00	Director	$0	$0	$0
STEVE KAHLE	DIRECTOR	2.00	Director	$0	$0	$0
SHAD HADDOX	DIRECTOR	2.00	Director	$0	$0	$0
LISA SIMS	EXECUTIVE DI	20.00	Director	$48,149	$0	$48,149

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$96,604	$87,635	$38,024	$8,969
2024	$47,088	$66,830	$29,055	$-19,742
2023	$33,463	$63,128	$48,797	$-29,665
2022	$59,756	$88,447	$78,462	$-28,691
2021	$118,609	$69,332	$107,369	$49,277
2020	$108,195	$93,730	$58,092	$14,465
2019	$112,150	$128,155	$44,245	$-16,005
2018	$175,159	$128,148	$60,250	$47,011

IGNITE MINISTRIES