Ignite Presque Isle
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 5,265,872 | 865,038 | 4,400,834 | 61.0 | 39% |
| 2022 | 4,298,460 | 2,564,428 | 1,734,032 | 28.7 | 36% |
| 2023 | 5,228,714 | 3,653,438 | 1,575,276 | 25.3 | 44% |
In its most recent public year (2023), this organization brought in $1,575,276 more than it spent. Its reserves stood at about 25.3 months of spending, down from 61 in 2021. Staff pay was 44% 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 Presque Isle'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