Ignite C3 Ministries Inc
Nonprofit profile at a glance
- EIN
- 812016795
- IRS 990-EZ coverage
- 2016–2019
- Forms available
- Form 990-EZ 2019
- Location
- Chapel HIll, NC, USA
- Phone
- 9194428476
- Rating
- 64
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $105,626
- Expenses
- $108,522
- Assets
- $4,837
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- Leah K Rade (President & Executive Director)
People named in this filing
- Leah K Rade (President & Executive Director)
- Alana A Meek (Secretary)
- Linda Poythress (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
We provide support groups: grief, financial, wellness & recovery. We also provide one-one-one marriage, grief coaching and relationship coaching. We provide local outreach to schools, including food and school supplies. We provide full-day, week-long summer camps, primarily to high-risk students in grades K-8.
What it reported doing in 2019
Mentors & resources for two high-risk students, including one-on-one mentors, backpacks and school supplies for at-risk students
Operating model
- Revenue model
- Donor-supported. 75% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 38
- Transparency & Controls: 100
- Sustainability: 24
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 37.9%; rating input score 38
- Program expense ratio: 36.9%; rating input score 37
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -2.7%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 0.04; rating input score 6; 6th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 83; 83rd percentile among comparable filings
- Officer compensation ratio: 59.9%; rating input score 2; 2nd percentile among comparable filings
Growth
- Program expense growth: 44.7% per year; rating input score 100; 92nd percentile among comparable filings
- Revenue growth: 23.1% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: -26.2% per year; rating input score 0; 4th percentile among comparable filings
Details
- Where the money goes: 37.9% of revenue deployed · 36.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $40K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2016 to 2019
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Financial Efficiency: Mission deployment rate scored 38/100.
- Moderate — Financial Efficiency: Program expense ratio scored 37/100.
- High — Sustainability: Operating margin scored 25/100.
- High — Sustainability: Total-asset coverage ratio scored 6/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 2/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.