Ignite Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 84,021 | 89,740 | −5,719 | -0.3 | — |
| 2020 | 149,607 | 137,902 | 11,705 | 0.9 | — |
| 2021 | 351,989 | 289,739 | 62,250 | 3.0 | 62% |
| 2022 | 591,378 | 461,234 | 130,144 | 5.3 | 75% |
| 2023 | 930,134 | 804,198 | 125,936 | 4.9 | 65% |
| 2024 | 1,125,216 | 904,279 | 220,937 | 7.3 | 69% |
In its most recent public year (2024), this organization brought in $220,937 more than it spent. Its reserves stood at about 7.3 months of spending, up from -0.3 in 2019. Staff pay was 69% 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 2024. 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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