Ignite Entrepreneurship Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 0 | 18,701 | −18,701 | -12.0 | — |
| 2017 | 78,311 | 73,132 | 5,179 | -2.2 | — |
| 2018 | 79,030 | 274,347 | −195,317 | -9.1 | — |
| 2019 | 3,827,992 | 3,560,154 | 267,838 | 0.2 | 46% |
| 2020 | 4,230,047 | 3,848,127 | 381,920 | 1.4 | 51% |
| 2021 | 4,395,586 | 4,595,473 | −199,887 | 0.6 | 48% |
| 2022 | 5,148,308 | 4,340,733 | 807,575 | 2.9 | 55% |
| 2023 | 5,027,671 | 4,798,478 | 229,193 | 3.2 | 51% |
In its most recent public year (2023), this organization brought in $229,193 more than it spent. Its reserves stood at about 3.2 months of spending, up from -12 in 2016. Staff pay was 51% 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
Ignite Entrepreneurship Academy Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works