Ignite Achievement Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 5,043,328 | 5,006,917 | 36,411 | 3.2 | 54% |
| 2021 | 5,705,099 | 5,314,047 | 391,052 | 3.9 | 46% |
| 2022 | 6,453,124 | 6,445,617 | 7,507 | 3.2 | 37% |
| 2023 | 2,280,538 | 2,987,733 | −707,195 | 4.2 | 35% |
In its most recent public year (2023), this organization spent $707,195 more than it brought in. Its reserves stood at about 4.2 months of spending. Staff pay was 35% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works