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 $701K in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $645K left a modest 8% 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.
IGNITE! ASSESSES NEEDS, DEVELOPS "INDIVIDUALIZED BUSINESS ACTION PLANS AND DIRECTS MINORITY SMALL BUSINESS OWNERS, ENTREPRENEURS, AND/OR NONPROFIT LEADERS TO THE APPROPRIATE PARTNER AGENCY BEST...
IGNITE! ASSESSES NEEDS, DEVELOPS "INDIVIDUALIZED BUSINESS ACTION PLANS AND DIRECTS MINORITY SMALL BUSINESS OWNERS, ENTREPRENEURS, AND/OR NONPROFIT LEADERS TO THE APPROPRIATE PARTNER AGENCY BEST EQUIPPED TO PROVIDE TECHNICAL ASSISTANCE RELEVANT TO THEIR CURRENT NEED. IGNITE! ACHIEVES THIS THROUGH THE DOING BUSINESS IN ALABAMA PROGRAM (DBIA). DBIA IS A FIVE (5) YEAR PROJECT DESIGNED TO PROVIDE TECHNICAL ASSISTANCE, MENTORSHIP, AND SUPPORT TO 150 MINORITY SMALL BUSINESS OWNERS, ENTREPRENEURS, AND/OR NONPROFIT LEADERS. THE ORGANIZATION HAS IMPLEMENTED DBIA PROGRAMS SUCH AS ENTREPRENEURSHIP BOOTCAMP, THE C-SUITE PROJECT AND JUNETEENTH LEADERSHIP.DBIA WAS CREATED WITH THE FULL FOCUS OF CREATING PARTNERSHIPS AND PROGRAMS THAT WILL ENHANCE THE FINANCIAL AND OPERATIONAL POSITION OF YOUR BUSINESS. THE ORGANIZATION HAS PARTNERED WITH PROFESSIONAL ORGANIZATIONS TO OFFER MANY RESOURCES THAT COVER TOPICS SUCH AS: BUSINESS FORMATION/STRUCTUREBUSINESS SCALINGFINANCIAL REPORTINGBUSINESS AND PERSONAL CREDITACCESS TO CAPITALLEGALSOCIAL MEDIAGOVERNMENT/CORPORATE CONTRACTSHOW TO PITCH?MARKETING/BRANDING/PUBLIC RELATIONS
IGNITE! HOSTS AN ANNUAL EMPOWERMENT SUMMIT, IN BIRMINGHAM, ALABAMA TO FURTHER ITS MISSION TO ENSURE MINORITIES STAY INFORMED AND HAVE A CLEAR UNDERSTANDING TO COMPETITIVELY COMPETE, SUCCEED, AND...
IGNITE! HOSTS AN ANNUAL EMPOWERMENT SUMMIT, IN BIRMINGHAM, ALABAMA TO FURTHER ITS MISSION TO ENSURE MINORITIES STAY INFORMED AND HAVE A CLEAR UNDERSTANDING TO COMPETITIVELY COMPETE, SUCCEED, AND EXCEL. THE EVENT IS ALSO STREAMED ON FACEBOOK TO ALLOW FOR MORE WIDESPREAD ACCESS. THIS ANNUAL EVENT IS CENTERED AROUND THE SUSTAINABILITY OF WOMEN AND MINORITY-OWNED BUSINESSES FOR THE FUTURE. THE OBJECTIVES OF THE SUMMIT INCLUDE DEMYSTIFYING THE NOTIONS OF "GETTING RICH QUICK", LEARNING FINANCIAL ASTUTENESS AND METHODS OF PERSISTENCE IN BUSINESS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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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.