IGNITEMOBILE INC

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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

2012

Legal Domicile

Phone

2513453313

Tax Period

2024-01-01 to 2024-12-31

IGNITEMOBILE INC, founded in 2012, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $778K in total revenue in fiscal year 2024.

Mission

TO FULLY ENGAGE UNITED METHODISTS IN EXPRESSING GODS LOVE BY SHARING THE GOOD NEWS OF JESUS CHRIST THROUGH HOLISTIC MINISTRIES THAT TRANSFORM OUR COMMUNITIES.

Program Service Accomplishments

Program 1

Expenses: $570,292

THE RESALE SHOP IS MAINTAINED TO GENERATE FUNDS TO SUPPORT COMMUNITY MINISTRIES. DONATED ITEMS ARE RECEIVED AND SOLD TO PEOPLE WHO HAVE A NEED FOR CLOTHING OR HOUSEHOLD GOODS. BASED ON EMERGENCY...

THE RESALE SHOP IS MAINTAINED TO GENERATE FUNDS TO SUPPORT COMMUNITY MINISTRIES. DONATED ITEMS ARE RECEIVED AND SOLD TO PEOPLE WHO HAVE A NEED FOR CLOTHING OR HOUSEHOLD GOODS. BASED ON EMERGENCY NECESSITY, SOME RECIPIENTS RECEIVE GOODS AT NO COST TO THEM.

Program 2

Expenses: $207,000

THE ORGANIZATION DISBURSED FUNDS TO UNITED METHODIST AFFILIATED ORGANIZATIONS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $42,171

Program Service Revenue $0

Investment Income $6

Other Revenue $735,801

TOTAL REVENUE $777,978

Expense Breakdown

Grants Paid $207,000

Salaries & Benefits $334,188

Fundraising Expenses $0

Program Expenses $777,292

Other Expenses $246,518

TOTAL EXPENSES $787,706

Year-over-Year Comparison

	2024	2023	Change
Revenue	$777,978	$746,103	+0.0%
Expenses	$787,706	$715,013	+0.1%
Net Income	$-9,728	$31,090	-1.3%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANITA BRYANT	DIRECTOR	2.00	Director	$0	$0	$0
CHARLES FAIL	EX-OFFICIO	2.00	Director	$0	$0	$0
EMILY GARNER	DIRECTOR	2.00	Director	$0	$0	$0
PAUL HOWARD	DIRECTOR	2.00	Director	$0	$0	$0
SHADRECK KAGORO	DIRECTOR	2.00	Director	$0	$0	$0
MIKE GABY	DIRECTOR	2.00	Director	$0	$0	$0
JANEAN MCCAWLEY	STORE COMMITTEE CHAIR	2.00	Director	$0	$0	$0
HOWARD MUNN	DIRECTOR	2.00	Director	$0	$0	$0
JENNIFER PRECHT	CHAIR	2.00	Officer Director	$0	$0	$0
ANTONIE WALKER	DIRECTOR	2.00	Director	$0	$0	$0
LEE WALTERS	DIRECTOR	2.00	Director	$0	$0	$0
KIM DOSS	STAFF	4.00	Director	$0	$0	$0
SHEILA BATES	DIRECTOR	2.00	Director	$0	$0	$0
THOMAS CLEMENT	VICE CHAIR	4.00	Officer	$0	$0	$0
BETTY STONE	TREASURER	2.00	Officer	$0	$0	$0
LISA PROVITO	STORE MANAGER	40.00	Key Emp	$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
2024	$777,978	$787,706	$403,529	$-9,728
2023	$746,103	$715,013	$413,837	$31,090
2022	$732,930	$584,741	$382,669	$148,189
2021	$573,581	$559,740	$231,880	$13,841
2020	$554,513	$526,155	$214,561	$28,358
2019	$534,864	$534,416	$189,980	$448
2018	$540,317	$604,257	$181,827	$-63,940
2017	$888,992	$786,976	$255,175	$102,016