IGNITE WORLDWIDE

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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

2007

Legal Domicile

Principal Officer

CATHI RODGVELLER

Phone

2066833258

Tax Period

2023-07-01 to 2024-06-30

IGNITE WORLDWIDE, founded in 2007, is a small nonprofit in the Youth Development sector that reported $818K in total revenue in fiscal year 2023. Revenue surged 20% from the prior year, signaling strong growth momentum.

Mission

IGNITE WORLDWIDE IS THE ANSWER TO ACHIEVING GENDER EQUITY IN STEM. WE WORK DIRECTLY WITH TEACHERS DURING THE SCHOOL DAY TO PROVIDE PROGRAMMING THAT PROMOTES STEM EDUCATION AND CAREER ADVANCEMENT FOR GIRLS AND NONBINARY YOUTH FROM HISTORICALLY MARGINALIZED COMMUNITIES. THROUGH HANDS-ON EVENTS THAT CONNECT STUDENTS WITH ROLE MODELS WHO LIVE AND WORK IN THEIR COMMUNITIES, STUDENTS RECOGNIZE NEW POSSIBILITIES FOR THEIR FUTURES.

Program Service Accomplishments

Program 1

Expenses: $646,435 Revenue: $40,000

AN IGNITE SCHOOL CHAPTER WOULD INCLUDE: PANEL DISCUSSIONS, FIELD TRIPS, AND JOB SHADOWING. FURTHERMORE, EACH SCHOOL CHAPTER INCLUDES AN EDUCATOR, FINANCIAL AND VOLUNTEERS SUPPORTERS, THE BUILDING OF PEER SUPPORT, AND HOSTING IGNITE EVENTS FOR GIRLS. IGNITE HOLD EVENTS THROUGHOUT THE YEAR TO INTRODUCE STEM CAREERS TO THE PARTICIPATING GIRLS. SINCE 1999, IGNITE HAS EDUCATED AND EMPOWERED OVER 80,000 YOUNG WOMEN IN MIDDLE SCHOOL AND HIGH SCHOOL GRADES TO PURSUE EDUCATION AND CAREERS IN STEM. IN THE SEATTLE SCHOOL DISTRICT ALONE, FEMALE PARTICIPATION IN TECHNOLOGY CLASSES SOARED FROM 10% TO 50% IMMEDIATELY AFTER GIRLS ATTENDED THEIR FIRST IGNITE EVENT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $816,108

Program Service Revenue $40,000

Investment Income $502

Other Revenue $-38,751

TOTAL REVENUE $817,859

Expense Breakdown

Grants Paid $0

Salaries & Benefits $791,131

Fundraising Expenses $103,732

Program Expenses $646,435

Other Expenses $55,972

TOTAL EXPENSES $847,103

Year-over-Year Comparison

	2023	2022	Change
Revenue	$817,859	$680,927	+0.2%
Expenses	$847,103	$770,456	+0.1%
Net Income	$-29,244	$-89,529	-0.7%

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

Volunteers

650

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

$225,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CATHI RODGVELLER	FOUNDER/CEO	40	Officer	$225,000	$0	$225,000
LARISA GOLDIN	BOARD PRESIDENT	1	Officer Director	$0	$0	$0
RAELENE SANDERS	BOARD TREASURER	1	Officer Director	$0	$0	$0
MANISHA ARORA	BOARD VICE PRESIDENT	1	Officer Director	$0	$0	$0

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	No data	No data	No data	No data
2024	$817,859	$847,103	$686,082	$-29,244
2024	$817,859	$847,103	$686,082	$-29,244
2023	$680,927	$770,456	$734,149	$-89,529
2022	$791,757	$706,773	$829,640	$84,984
2021	$768,498	$411,504	$719,597	$356,994
2020	$471,426	$381,301	$399,365	$90,125
2019	$374,304	$321,028	$287,605	$53,276
2018	$316,187	$267,826	$214,797	$48,361