Ignite Hoops
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 60,282 | 54,909 | 5,373 | 2.6 | — |
| 2017 | 125,747 | 124,338 | 1,409 | 1.3 | — |
| 2018 | 205,316 | 194,943 | 10,373 | 1.4 | 39% |
| 2019 | 279,489 | 264,886 | 14,603 | 1.7 | 41% |
| 2020 | 199,267 | 138,648 | 60,619 | 8.5 | — |
| 2021 | 413,630 | 404,765 | 8,865 | 3.2 | 39% |
| 2022 | 458,043 | 501,192 | −43,149 | 1.5 | 45% |
| 2023 | 623,607 | 567,455 | 56,152 | 2.6 | 54% |
In its most recent public year (2023), this organization brought in $56,152 more than it spent. Its reserves stood at about 2.6 months of spending. Staff pay was 54% 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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