Ignite Academy Inc
Tarpon Spgs, Florida
B+Health Score
71B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
This Org0.61×
Peer Median20.77×
💰
$1.1M
Total Revenue
📊
$904K
Total Expenses
🏦
$549K
Net Assets
📋
$16K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+21.0%
Year-over-year change (2023 → 2024)
Net Margin
+19.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.61
Net assets divided by total expenses
Liabilities-to-Assets
2.8%
Total liabilities as % of total assets
Filing History
6 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $1,125,216↑21% | $904,279↑12% | $564,649↑70% | — |
| 2023 | $930,134↑57% | $804,198↑74% | $333,105↑50% | — |
| 2022 | $591,378↑68% | $461,234↑59% | $222,424↑156% | — |
| 2021 | $351,989↑135% | $289,739↑110% | $86,890↑545% | — |
| 2020 | $149,607↑78% | $137,902↑54% | $13,481↑3495% | — |
| 2019 | $84,021 | $89,740 | $375 | — |
Frequently Asked Questions
What does Ignite Academy Inc do?▼
Ignite Academy Inc is a education nonprofit organization based in Florida. It is classified under NTEE code B20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Ignite Academy Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Ignite Academy Inc.
How much revenue does Ignite Academy Inc generate?▼
Ignite Academy Inc reports $1.4M in annual revenue and holds $801K in total assets, based on IRS filings.