IGNITE MYANMAR (EIN 812368008) - 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

2016

Legal Domicile

Principal Officer

Samuel Boykin

Phone

7204800822

Tax Period

2024-01-01 to 2024-12-31

IGNITE MYANMAR, founded in 2016, is a small nonprofit in the Religion sector that reported $207K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year.

Mission

The purpose of Ignite Myanmar is to financially support and encourage indigenous missionaries in Myanmar as they show the love of Christ to those in Myanmar and surrounding nations, by rescuing and bringing hope to orphans, giving new identity to the youth and sharing the Gospel.

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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 $206,589

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $206,589

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $218,872

Other Expenses $218,872

TOTAL EXPENSES $218,872

Year-over-Year Comparison

	2024	2023	Change
Revenue	$206,589	$224,775	-0.1%
Expenses	$218,872	$219,135	0.0%
Net Income	$-12,283	$5,640	-3.2%

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

N/A

Employees

N/A

Volunteers

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
Lisa Miller	Secretary and Director	1	Officer Director	$0	$0	$0
Samuel Scott Boykin	President and Director	4	Officer Director	$0	$0	$0
Chris Joyner	Director	0.2	Director	$0	$0	$0
Laura Boos	Director	0.2	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	$206,589	$218,872	$33,130	$-12,283
2023	$224,775	$219,135	$45,413	$5,640
2022	$229,296	$238,300	$39,773	$-9,004
2020	$216,437	$273,085	$45,949	$-56,648
2018	$238,858	$133,409	$123,300	$105,449

IGNITE MYANMAR