Ignite Collective Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 160,247 | 146,831 | 13,416 | 1.1 | — |
| 2016 | 218,479 | 244,530 | −26,051 | -0.6 | — |
| 2017 | 522,185 | 521,431 | 754 | -0.3 | 91% |
| 2018 | 896,229 | 817,348 | 78,881 | 0.9 | 91% |
| 2019 | 1,162,371 | 1,047,426 | 114,945 | 2.0 | 94% |
| 2020 | 1,011,201 | 1,010,804 | 397 | 2.8 | 94% |
| 2021 | 1,150,173 | 1,085,172 | 65,001 | 8.6 | 95% |
| 2022 | 1,075,617 | 1,112,535 | −36,918 | 8.9 | 97% |
| 2023 | 1,032,862 | 1,257,714 | −224,852 | 4.7 | 13% |
In its most recent public year (2023), this organization spent $224,852 more than it brought in. Its reserves stood at about 4.7 months of spending, up from 1.1 in 2015. Staff pay was 13% of spending.
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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