IGNITE NW

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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

2023

Legal Domicile

Principal Officer

Lauren White

Phone

3605353999

Tax Period

2024-01-01 to 2024-12-31

IGNITE NW, founded in 2023, is a small nonprofit in the Religion sector that reported $225K in total revenue in fiscal year 2024. Revenue surged 42% from the prior year, signaling strong growth momentum.

Mission

To enkindle the fire of Catholic faith in youth through an annual summer conference.

Program Service Accomplishments

Program 1

Expenses: $209,864 Revenue: $0

350 youth and adults participated in our annual Ignite NW Catholic Youth Conference. The conference brings in religious and priests from around the country to lead high school students from the...

350 youth and adults participated in our annual Ignite NW Catholic Youth Conference. The conference brings in religious and priests from around the country to lead high school students from the Northwest in four days of talks, workshops, small group discussions, recreation, meal time and prayer.

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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 $110,799

Program Service Revenue $110,861

Investment Income $3,075

Other Revenue $0

TOTAL REVENUE $224,735

Expense Breakdown

Grants Paid $500

Salaries & Benefits $0

Fundraising Expenses $12,700

Program Expenses $209,864

Other Expenses $235,382

TOTAL EXPENSES $235,882

Year-over-Year Comparison

	2024	2023	Change
Revenue	$224,735	$158,198	+0.4%
Expenses	$235,882	$48,697	+3.8%
Net Income	$-11,147	$109,501	-1.1%

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

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
Lauren White	Exective Director	10	Director	$0	$0	$0
Nicholas Holt	Board Chair	0.5	Officer	$0	$0	$0
John Boyl	Board Vice-Chair	0.5	Officer	$0	$0	$0
Maria D'Angelo	Board Secretary	0.5	Officer	$0	$0	$0
Ann Marie Henninger	Board Member	0.5	Officer	$0	$0	$0
Alma Santiago	Board Member	0.5	Officer	$0	$0	$0
Katie Bortolazzo	Board Member	0.5	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
2024	$224,735	$235,882	$100,045	$-11,147