IGNITE THE WORLD MINISTRIES (EIN 943467042) - 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

2009

Legal Domicile

Phone

5038309071

Tax Period

2024-01-01 to 2024-12-31

IGNITE THE WORLD MINISTRIES, founded in 2009, is a small nonprofit in the Religion sector that reported $224K in total revenue in fiscal year 2024.

Mission

BRING THE GOSPEL OF JESUS TO THE WORLD

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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 $223,868

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $223,868

Expense Breakdown

Grants Paid $0

Salaries & Benefits $27,000

Fundraising Expenses $0

Program Expenses $208,823

Other Expenses $197,929

TOTAL EXPENSES $224,929

Year-over-Year Comparison

	2024	2023	Change
Revenue	$223,868	$220,234	+0.0%
Expenses	$224,929	$231,237	0.0%
Net Income	$-1,061	$-11,003	-0.9%

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

$27,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE MAKSIMOWICZ	EXECUTIVE DIRECTOR	35.00	Key Emp	$27,000	$0	$27,000
ROD FRIESEN	DIRECTOR	2.00	Director	$0	$0	$0
VANCE HARRIS	DIRECTOR	2.00	Director	$0	$0	$0
GERRY MORELLI	DIRECTOR	1.00	Director	$0	$0	$0
STAN TUSSING	DIRECTOR	0.00	Director	$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	$223,868	$224,929	$41,673	$-1,061

IGNITE THE WORLD MINISTRIES