BIRMINGHAM, AL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)IGNITE ALABAMA, founded in 2020, is a small nonprofit in the Community Improvement sector that reported $381K in total revenue in fiscal year 2020. Expenses of $361K left a modest 5% surplus.
OUR MISSION IS TO PROMOTE ECONOMIC GROWTH IN RURAL AND DISTRESSED COMMUNITIES. WE DO THIS BY PROVIDING INFRASTRUCTURE, PROGRAMS, AND SUPPORT THAT ENABLE NONPROFITS AND ENTREPRENEUR SUPPORT ORGANIZATIONS (ESOS) TO STABILIZE, SUSTAIN, AND SCALE-FOSTERING LONG-TERM ECONOMIC MOBILITY AND RESILIENCE.
Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $700,705 | $545,565 | +0.3% |
| Expenses | $644,589 | $549,182 | +0.2% |
| Net Income | $56,116 | $-3,617 | -16.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DR KIM CARTER EVANS | PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ISAAC MCCOY | VICE PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| KRISHAWN M JACKSON | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JENNIFER HANANIA COHEN | MEMBER AT LARGE | 2.00 |
Director
|
$0 | $0 | $0 |
| LASHELLE KERR | MEMBER AT LARGE | 2.00 |
Director
|
$0 | $0 | $0 |
| LENSEY KING | MEMBER AT LARGE | 2.00 |
Director
|
$0 | $0 | $0 |
| EVA T ROBERTSON | MEMBER AT LARGE | 2.00 |
Director
|
$0 | $0 | $0 |
| TERRY SPARKS | MEMBER AT LARGE | 2.00 |
Director
|
$0 | $0 | $0 |
| KRYSTAL B WHITE | MEMBER AT LARGE | 2.00 |
Director
|
$0 | $0 | $0 |
| KEY YEILDING | MEMBER AT LARGE | 2.00 |
Director
|
$0 | $0 | $0 |
| MARY ANN GIVENS | MEMBER AT LARGE | 2.00 |
Director
|
$0 | $0 | $0 |
| THOMAS HASLETT | MEMBER AT LARGE | 2.00 |
Director
|
$0 | $0 | $0 |
| TORIN DARLING BRAZZLE | FOUNDER, CEO AND PRESIDENT | 20.00 |
Officer
|
$35,745 | $0 | $35,745 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $700,705 | $644,589 | $53,710 | $56,116 |
| 2023 | $545,565 | $549,182 | $1,200 | $-3,617 |
| 2022 | $497,315 | $480,981 | $44,797 | $16,334 |
| 2022 | $95,845 | $138,007 | $2,635 | $-42,162 |
| 2021 | $381,091 | $360,647 | $28,463 | $20,444 |
Compare IGNITE ALABAMA with other nonprofits in Alabama and across the country.