Ignite Academy (EIN 815483297) - 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

2017

Phone

4197894122

Tax Period

2025-01-01 to 2025-12-31

Ignite Academy, founded in 2017, is a small nonprofit in the Human Services sector that reported $397K in total revenue in fiscal year 2025. Expenses of $357K left a modest 10% surplus.

Mission

To reach people with the love of Christ by meeting both physical and spiritual needs. This is accomplished by assisting men and women, who are facing hard times, with overcoming hunger, poverty, addiction, and abuse.

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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 $397,226

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $397,226

Expense Breakdown

Grants Paid $0

Salaries & Benefits $222,406

Fundraising Expenses $0

Program Expenses $59,158

Other Expenses $134,959

TOTAL EXPENSES $357,365

Year-over-Year Comparison

	2025	2024	Change
Revenue	$397,226	$382,456	+0.0%
Expenses	$357,365	$452,306	-0.2%
Net Income	$39,861	$-69,850	-1.6%

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

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
Kyle Brownlee	Director	1.00	Director	$0	$0	$0
Rita Kissner	Director	2.00	Director	$0	$0	$0
Rich Seward	Director	2.00	Director	$0	$0	$0
William Lammers	President	30.00	Officer	$0	$0	$0
Leslie Meyer	Secretary	1.00	Officer	$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	$397,226	$357,365	$226,404	$39,861
2024	$382,456	$452,306	$190,102	$-69,850
2023	$410,391	$426,986	$262,616	$-16,595
2022	$547,565	$435,786	$285,235	$111,779
2021	$446,094	$361,211	$168,815	$84,883
2020	$195,180	$412,143	$131,591	$-216,963
2019	$721,444	$541,694	$264,649	$179,750
2018	$498,653	$480,588	$80,987	$18,065
2017	$249,321	$195,598	$61,062	$53,723

Ignite Academy