IGNITE HOPE (EIN 931881999) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2023

Legal Domicile

Principal Officer

Lekesha Davis

Phone

3144491145

Tax Period

2024-07-01 to 2025-06-30

IGNITE HOPE, founded in 2023, is a small nonprofit in the Mental Health sector that reported $322K in total revenue in fiscal year 2024. Revenue surged 944% from the prior year, signaling strong growth momentum. Expenses of $283K left a modest 12% surplus.

Mission

The mission of Ignite Hope is to provide hope, compassion, and culturally competent, behavioral health services and support to individuals and families in the community. We strive to increase equitable access to quality mental health care to youth and families in under-resourced communities. Our purpose is to bridge the health disparity gap experienced by marginalized communities.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $238,825

Program Service Revenue $68,025

Investment Income $0

Other Revenue $15,294

TOTAL REVENUE $322,144

Expense Breakdown

Grants Paid $0

Salaries & Benefits $204,636

Fundraising Expenses $0

Program Expenses $283,373

Other Expenses $78,737

TOTAL EXPENSES $283,373

Year-over-Year Comparison

	2024	2023	Change
Revenue	$322,144	$30,865	+9.4%
Expenses	$283,373	N/A	N/A
Net Income	$38,771	$30,865	+0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
Zaundrea Young	Board Chair	0.3	Director	$0	$0	$0
Wendy Orson	Board Secretary	0.3	Director	$0	$0	$0
Rebecca Bockhorst	Board Treasurer	0.3	Director	$0	$0	$0
Vickie Wade	Board Member	0.3	Director	$0	$0	$0
Destini Goodwin	Board Member	0.3	Director	$0	$0	$0
Shamele Hill	Board Member	0.3	Director	$0	$0	$0
Amber Simpson	Board Member	0.3	Director	$0	$0	$0
Cameo Jones	Board Member	0.3	Director	$0	$0	$0
Teresa Brandon	Chief Executive Officer	10	Officer	$0	$0	$0
Lekesha Davis	Chief Operating Officer	24	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	$322,144	$283,373	$39,163	$38,771

IGNITE HOPE