IGNITE MINISTRIES INC

EIN: 825260569 501(c)(3) Religion

OCALA, FL

Total Revenue
$358,245
Total Expenses
$325,430
Total Assets
$244,788
Net Assets
$242,935
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
FL
Principal Officer
JOSHUA L SARMIENTO
Phone
4234329298
Tax Period
2025-01-01 to 2025-12-31

IGNITE MINISTRIES INC, founded in 2018, is a small nonprofit in the Religion sector that reported $358K in total revenue in fiscal year 2025. Revenue decreased 9% compared to the prior year. Expenses of $325K left a modest 9% surplus.

Mission

At Ignite Ministries, we envision a world transformed by the power of God's love and grace, where lives are rebuilt, hearts are restored, and hope is renewed. Inspired by the profound message of Isaiah 61, our ministry is dedicated to being a beacon of light, bringing forth healing, redemption, and spiritual growth in the lives of individuals and communities. As an out reach ministry to the community it also provides drug rehabilitation counseling and provides food and supplies to individuals in need.

Program Service Accomplishments

Program 1
Expenses: $325,430 Revenue: $358,245

At Ignite Ministries, we envision a world transformed by the power of God's love and grace, where lives are rebuilt, hearts are restored, and hope is renewed. Inspired by the profound message of...

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At Ignite Ministries, we envision a world transformed by the power of God's love and grace, where lives are rebuilt, hearts are restored, and hope is renewed. Inspired by the profound message of Isaiah 61, our ministry is dedicated to being a beacon of light, bringing forth healing, redemption, and spiritual growth in the lives of individuals and communities. As an out reach ministry to the community providing drug rehabilitation counseling and food and supplies to individuals in need.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $358,235
Program Service Revenue $0
Investment Income $10
Other Revenue $0
TOTAL REVENUE $358,245

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $325,430
Other Expenses $325,430
TOTAL EXPENSES $325,430

Year-over-Year Comparison

2025 2024 Change
Revenue $358,245 $393,297 -0.1%
Expenses $325,430 $305,335 +0.1%
Net Income $32,815 $87,962 -0.6%
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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Governance

Voting Members
8
Independent Members
8
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
4
$32,795
Total Directors
1
$8,707
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANGIE RODRIGUEZ ELDER 10.00
Director
$8,707 $0 $8,707
JOSHUA L SARMIENTO CEO 60.00
Officer
$24,375 $0 $24,375
BOBBI SARMIENTO VP 40.00
Officer
$0 $0 $0
JOLENE TORRES SECRETARY 10.00
Officer
$0 $0 $0
RHIANNON HODGES TREASURER 10.00
Officer
$8,420 $0 $8,420
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 $358,245 $325,430 $244,788 $32,815
2024 No data No data No data No data
2023 $272,130 $251,536 $50,819 $20,594
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