Ignite A Better World Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 79,187 | 76,070 | 3,117 | 0.5 | — |
| 2016 | 77,312 | 80,060 | −2,748 | 0.4 | — |
| 2017 | 74,073 | 76,000 | −1,927 | 0.1 | — |
| 2018 | 57,655 | 58,000 | −345 | 0.1 | — |
| 2019 | 64,450 | 58,100 | 6,350 | 1.4 | — |
| 2020 | 27,530 | 49,020 | −21,490 | 3.3 | — |
| 2021 | 14,857 | 8,100 | 6,757 | 30.0 | — |
| 2022 | 25,531 | 0 | 25,531 | — | — |
| 2023 | 54,361 | 63,176 | −8,815 | 8.7 | — |
In its most recent public year (2023), this organization spent $8,815 more than it brought in. Its reserves stood at about 8.7 months of spending, up from 0.5 in 2015.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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