Ignite Health Foundation
Nonprofit profile at a glance
- EIN
- 923289443
- IRS 990-EZ coverage
- 2024–2025
- Forms available
- Form 990-EZ 2025
- Location
- Austin, TX, USA
- Phone
- 7138169090
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $4,867
- Expenses
- $46,833
- Assets
- $2,019
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
People named in this filing
- Ayse McCracken (Founder)
- Kim Schwartz (Trustee, Treasurer)
- Susan Feigin Harris (Trustee, Secretary)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Corporation is organized and is operated exclusively for charitable and educational purposes within the meaning of section 501(c)(3) of the IRS Code of 1986, as amended. More specifically, the Corporation is operated exclusively to carry out the charitable and educational purposes of organizations engaged in activities designed to further gender parity in the healthcare industry ("Supported Organizations") and to make grants to the Supported Organizations, with such grants specifically limited to use exclusively for the charitable and educational activities of the Supported Organizations.
What it reported doing in 2025
Ignite's Q3 update in our Series, Innovation in Uncertain Times held on October 8, 2025 at Pegasus Park. Nine months into a year of policy changes, funding cuts, and a cooling early-stage investment market, uncertainty is reshaping the path for founders and investors alike. But within this turbulence, new opportunities are emerging. From our previous conversations in Houston and Denver, we've learned about new strategies health system leaders, innovators, and investors are now pursuing, how organizations and investors are reprioritizing, and that innovation is not slowing down! October 8th at Pegasus Park, Ignite hosted a fireside chat with innovators and investors who are navigating today's realities and sharing where they see continued challenges as well as some bright spots ahead. Panel included: Sandra Saldana Nouri, PhD, MBA, CEO & Co-Founder, Alva Health, Inc., James Wang, Founder, Mimosa Ventures, Kim Schwartz, Managing Director, US Health Tech Lead, Accenture, Emily Coskey, Associate, Wilson Sonsini Goodrich & Rosati, and Moderator: Ayse McCracken, Founder, Ignite. Attendees: 53. LinkedIn Post Overall reach: 5,937. Additional sponsor: Pfizer
Operating model
- Revenue model
- Donor-supported. 82% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 82
- Sustainability: 18
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 98.3%; rating input score 98
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -862.3%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 0.04; rating input score 9; 9th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 200% per year; rating input score 100; 100th percentile among comparable filings
- Revenue growth: -160.2% per year; rating input score 0; 1st percentile among comparable filings
- Asset growth: -182.4% per year; rating input score 0; 0th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 98.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 5 filed program accomplishments · $46K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2024 to 2025
- Contacts: How to reach this organization
- 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.
- High — Sustainability: Operating margin scored 2/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 9/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.