Civic Intelligence

Ignite Hope Inc

990EZ • Fiscal year 2021 • EIN 81-0735046

Jan 01, 2021 to Dec 31, 2021 • Filed on May 03, 2022

2879 Observation Point NWMarietta, GA 30064

(678) 640-7626

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

80th percentile

0.14x

Higher debt load relative to assets than 80% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

75th percentile

0.06x

Higher debt load relative to revenue than 75% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

23rd percentile

-11%

Higher net margin than 23% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

88th percentile

$34,400

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 44.1% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

12th percentile

-36%

Faster asset growth than 12% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

53rd percentile

7.3%

Faster revenue growth than 53% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$31,034

Down $17,577 (-36%) from 2020

Net Assets

Down

$26,585

Down $8,958 (-25%) from 2020

Liabilities

Down

$4,449

Down $8,619 (-66%) from 2020

Revenue

Up

$78,085

Up $5,317 (+7.3%) from 2020

Expenses

Up

$87,043

Up $9,743 (+13%) from 2020

Net Income

Down

-$8,958

Down $4,426 (-98%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60K$40K$20K$0Assets 2017: $51,698Liabilities 2017: $343Net Assets 2017: $51,3552017Assets 2018: $56,864Liabilities 2018: $2,197Net Assets 2018: $54,6672018Assets 2019: $42,651Liabilities 2019: $2,576Net Assets 2019: $40,0752019Assets 2020: $48,611Liabilities 2020: $13,068Net Assets 2020: $35,5432020Assets 2021: $31,034Liabilities 2021: $4,449Net Assets 2021: $26,5852021Assets 2022: $45,797Liabilities 2022: $1,721Net Assets 2022: $44,0762022Assets 2023: $54,593Liabilities 2023: $3,029Net Assets 2023: $51,5642023Assets 2024: $37,434Net Assets 2024: $37,4342024

Highlighted filing

2021

Assets$31,034
Liabilities$4,449
Net Assets$26,585

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2017: $60,772Expenses 2017: $40,143Net Income 2017: $20,6292017Revenue 2018: $64,068Expenses 2018: $60,756Net Income 2018: $3,3122018Revenue 2019: $73,810Expenses 2019: $88,402Net Income 2019: -$14,5922019Revenue 2020: $72,768Expenses 2020: $77,300Net Income 2020: -$4,5322020Revenue 2021: $78,085Expenses 2021: $87,043Net Income 2021: -$8,9582021Revenue 2022: $100,955Expenses 2022: $81,676Net Income 2022: $19,2792022Revenue 2023: $161,382Expenses 2023: $153,894Net Income 2023: $7,4882023Revenue 2024: $70,179Expenses 2024: $84,309Net Income 2024: -$14,1302024

Highlighted filing

2021

Revenue$78,085
Expenses$87,043
Net Income-$8,958
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 3, 2022
Return Version
2021v4.0
Gross Receipts
$78,085
Mission and Program Overview

Mission

We Advocate for families and children.We Resource, creating books and materials. We Encourage through prayer teams, speaking and devotionals centered around orphan & adoption services.

Ignite Hope exists to rescue at risk children from the nightmare of life without family. The risk of human trafficking in fostered youth is much higher than that of the general population. The result of institutionalization in group homes or orphanages is often attachment, trust and avoidance issues. Ignite Hope works to advocate, resource and encourage those families and organizations who care for at risk children by being a bridge between social services, the church, legislators, and the community. Since 2016, we have impacted over 90,000 individuals through our digital outreach and direct service ministries. Our signature wrap around service, Hannah's Hope Strategic Prayer Team, supplies spiritual support to families walking through this space. To date, we have helped shepherd over two dozen families who are walking through this space to a successful culmination of their journey with a 100% retention rate. Replicating, repeating and refining these teams through the local churches is

Program Services

DescriptionGrantsExpenses
Events - Direct ministry to over 250 families through deep dive coaching, and ministry events. One event is "Princess for a Day" which celebrates girls in foster/adoptive families. A second event is a date night for foster/adoptive parents.$25,683-
Conferences/Education - We spoke into draft legislation that impacts at risk children by working closely with adoption advocates, professionals, and the state department, and the Uniform Law Commission in regard to the Unregulated Transfer of ustody of at risk children. The legislation will impact approximately 4 million at-risk children.$16,281-
Discipleship/Hannah's Hope-Developed digital resources for encouragement of families who care for at risk children, including digital teaching segments. A moment for moms webinar hosted alongisde a familhy therapist, and the creation of a prayer devotional focused on praying for at risk children and distributed to churches. These devotionals have been viewed by over 90,000 individuals.$15,195-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jacqui JacksonCEOFT$34,400-$34,400
David McColloughChairman-$0--
Ken RabunVice Chairman-$0--
Suzy RabunSecretary-$0--
John MartinTreasurer-$0--
Lavinia MeyersCommittee Chair-$0--
Keith MeyersDirector-$0--
Kendra NoelDirector-$0--
Dr Cedrick NoelDirector-$0--
Linda WeemsDirector-$0--
Rev John JaureguiCOOPT$0--
Jeff JacksonTech OfficerPT$0--
Filing and Contact Details

Filer

Filer Name
Ignite Hope Inc
EIN
81-0735046
Phone
6786407626
Address
2879 Observation Point NW, Marietta, GA 30064

Signing Officer

Name
Jacqui Jackson
Title
CEO
Signed
2022-05-03
Discuss with paid preparer
Yes

Preparer

Firm
Colette Malone CPA LLC
Address
4989 N Main Street, Acworth, GA 30101
Preparer
Colette Malone
Phone
7703246658
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $1334

Other Expenses.1002

Office Expenses $2375

Other Expenses.1005

Travel $631

Other Expenses.1

Subcontractors $18432

Other Expenses.2

Fundraising Expenses $10834

Other Expenses.3

Dues & Subscriptions $2286

Other Expenses.5

Meals $2034

Other Expenses.6

Bank Fees $1988

Other Expenses.7

Gifts $1226

Other Expenses.8

Training $869

Other Expenses.9

Supplies & Materials $481

Other Expenses.10

Miscellaneous $111

Other Assets.1003

Machinery and Equipment - Beginning $2265 Machinery and Equipment - Ending $2265

Other Assets.1007

Receivables-Officers, Directors, Etc. - Beginning $948 Receivables-Officers, Directors, Etc. - Ending $2106

Other Assets.1

Security Deposit - Beginning $1928 Security Deposit - Ending $1928

Total Liabilities.1

Credit Card Payable - Beginning $3354 Credit Card Payable - Ending $4449

Total Liabilities.2

Payroll taxes Payable - Beginning $2614 Payroll taxes Payable - Ending $0

Total Liabilities.3

PPP Loan - Beginning $7100 PPP Loan - Ending $0

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IRS990EZ/PrimaryExemptPurposeTxt0Ignite Hope exists to rescue at risk children from the nightmare of life without family. The risk of human trafficking in fostered youth is much higher than that of the general population. The result of institutionalization in group homes or orphanages is often attachment, trust and avoidance issues. Ignite Hope works to advocate, resource and encourage those families and organizations who care for at risk children by being a bridge between social services, the church, legislators, and the community. Since 2016, we have impacted over 90,000 individuals through our digital outreach and direct service ministries. Our signature wrap around service, Hannah's Hope Strategic Prayer Team, supplies spiritual support to families walking through this space. To date, we have helped shepherd over two dozen families who are walking through this space to a successful culmination of their journey with a 100% retention rate. Replicating, repeating and refining these teams through the local churches is
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