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Ignite Academy Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 814874677 ✦ Tarpon springs, FL ✦ Designated as a 501(c)(3)

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Overview

What is Ignite Academy Inc?

Ignite Academy Inc, located in Tarpon Springs, Florida, is a committed nonprofit organization with a mission to empower children. Their primary goal is to foster an engaging learning environment that encourages unlimited growth in children, integrating real-life health concepts to inspire them to make a positive impact on the world. With a team of 18 dedicated individuals, Ignite Academy Inc strives to enhance children's overall health and strengthen their families, providing a vital connection to their personal stories. This organization is dedicated to uplifting the community and making a lasting impact on young lives.


Official website here: www.igniteacademy.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (73%, Two-Star out of Four Star rating)

Ignite Academy Inc has received a "Needs Improvement" rating, indicating that while it meets some standards, there are significant areas that require attention. The organization excels in accountability and finance, scoring a perfect 100% in this area, which suggests a strong commitment to ethical practices and transparency, particularly with an independent board that is fully compliant with governance standards.

However, the nonprofit faces challenges in financial reporting, receiving a score of 0 out of 15 points for its financial statements. This lack of financial documentation could raise concerns about the organization's fiscal health and transparency in operations. Additionally, there are gaps in its governance policies, as evidenced by a score of 0 out of 4 points for the whistleblower policy and document retention.

Despite the strong program expense ratio, which indicates that all funds are being directed towards its mission, the overall lack of financial transparency and governance policies may limit donor confidence. Addressing these weaknesses could enhance Ignite Academy Inc's standing and effectiveness in achieving its objectives.


This AI summary has been generated from information found on Charity Navigator.

Is Ignite Academy Inc legitimate?

Ignite Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ignite Academy Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $121,769
Professional Fundraising Fees: $0
Other Salaries and Wages: $398,520

For more financial information, click here


Official website here: www.igniteacademy.com

What is the mission statement of Ignite Academy Inc?

Ignite Academy Inc's mission is centered around fostering an educational environment that encourages unlimited growth in children. This is achieved by integrating real-world health concepts into their learning experiences, with the ultimate goal of inspiring them to make a positive impact on the world. The academy strives to help children thrive by connecting them to their personal narratives, enhancing their overall health, and equipping their families with the necessary resources.


Official website here: www.igniteacademy.com

Who is the CEO of Ignite Academy Inc?

Justin Gingerich is the President Of Board of Ignite Academy Inc.


Official website here: www.igniteacademy.com

What is the revenue of Ignite Academy Inc?

Ignite Academy Inc's revenue in 2023 was $930,134.


Official website here: www.igniteacademy.com

Who are the executives of Ignite Academy Inc and what are their salaries?

The average compensation at Ignite Academy Inc during 2023 was $28,905. There are 18 employees at Ignite Academy Inc.


Here are 4 key members and their salaries:


Jessica Serrano (President Of Board)
  • Compensation: $61,346
  • Related: $0
  • Other: $0
Justin Gingerich (Secretary Of Board)
  • Compensation: $60,423
  • Related: $0
  • Other: $0
Kyle Loomis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Housh (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.igniteacademy.com

Where can I find the form 990 for Ignite Academy Inc?

Ignite Academy Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.igniteacademy.com

Learn more at the official website: www.igniteacademy.com

Mission Statement of Ignite Academy Inc

Ignite Academy Inc, a nonprofit organization, is dedicated to fostering an environment that stimulates unlimited growth in children by immersing them in real-world health concepts. This mission is aimed at empowering children to make a significant impact on the world. The organization believes in helping children thrive by connecting them to their personal stories, enhancing their overall health, and providing the family with the necessary tools. By doing so, Ignite Academy Inc aims to ignite a passion for learning and cultivate a generation of globally responsible individuals.

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Impact




July, 2024

Ignite Academy Inc is creating learning environments that ignite boundless growth by immersing kids in real health to impact the world. Their mission to help children thrive by connecting kids to their story, building overall health, and equipping the family is making a significant impact in Tarpon Springs, Florida. Their focus on education, combined with a commitment to holistic well-being, is shaping the future generation in a meaningful way.




This information is meant to be a general summary of Ignite Academy Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$930,134 (2023)
Expenses
$804,198 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $810,174
  • Gross Receipts: $930,134

Assets and Liabilities:

  • Total Assets: $333,105
  • Total Liabilities: $4,956
  • Net Assets: $328,149

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION

Revenue

$800,313

AFTER SCHOOL CARE

Revenue

$5,978

SUMMER CAMP

Revenue

$3,883

Organization Details

Founding Year

2017

Principal Officer

Justin Gingerich

Main Address

1350 EAST LAKE ROAD N, TARPON SPRINGS, FL, 34688

NTEE Category

Code: B20 - Education

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