Ignite Homeschool Ministries (EIN 934759797) - Form 990 Financial Analysis & Trantor Score

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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

Phone

4804763302

Tax Period

2024-04-01 to 2025-03-31

Ignite Homeschool Ministries, founded in 2023, is a community nonprofit in the Religion sector that reported $1.4M in total revenue in fiscal year 2024. The organization ran a surplus of $291K, a strong 21% operating margin.

Mission

Coordinate academic tutoring Biblical discipleship leadership development and community opportunities for homeschooling families.

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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 $31,004

Program Service Revenue $1,367,700

Investment Income $99

Other Revenue $0

TOTAL REVENUE $1,398,803

Expense Breakdown

Grants Paid $0

Salaries & Benefits $202,716

Fundraising Expenses $0

Program Expenses $903,036

Other Expenses $905,540

TOTAL EXPENSES $1,108,256

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,398,803	N/A	N/A
Expenses	$1,108,256	N/A	N/A
Net Income	$290,547	N/A	N/A

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

N/A

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

$61,154

Total Directors

$61,154

Key Employees

$29,846

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Erin Rathier	President CEO and Campus Director	40.00	Officer Director Highest	$30,577	$0	$30,577
Andrea Winn	Treasurer CFO and Campus Director	40.00	Officer Director Highest	$30,577	$0	$30,577
Pam Mitchell	Secretary and Board Member	5.00	Officer Director	$0	$0	$0
Kendra McAffee	Board Member	5.00	Director	$0	$0	$0
Emily Tussey	Campus Director	40.00	Key Emp	$29,846	$0	$29,846

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	$1,398,803	$1,108,256	$293,553	$290,547

Ignite Homeschool Ministries