Public Charity

IGNITE TECHNOLOGY AND INNOVATION INC

IGNITE TECHNOLOGY AND INNOVATION INC, of CHICAGO, IL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $293K in revenue, $269K in expenses, $250K in total assets. 3 publicly reported grants to this organization, totaling roughly $40K, appear in IRS filings.

EIN: 822863800 CHICAGO, IL Latest filing: 2024
Total Revenue$293K
Total Expenses$269K
Total Assets$250K
Grant Records3
Funding Total$40K
Filing Years2020–2024

Mission

TO CREATE EQUITABLE WEALTH AND SHARE PROSPERITY IN UNDER RESOURCED COMMUNITIES WE DEVELOP AFFORDABLE ACCESSIBLE COFFEE AND COWORKING SPACES ENRICHED WITH CLASSES AND PROGRAMS. OUR PROGRAMS INSPIRE ENCOURAGE NURTURE AND GROW THE UNTAPPED IDEAS OF UNDERREPRESENTED ENTREPRENEURS BY

Officers & Directors

BOARD OF DIRECTORS Christopher Powell
BOARD OF DIRECTORS Derek Stevenson
PRESIDENT AND CHAIRMAN Tracy G Powell

Officer compensation and complete director data available with membership.

Top Grant Purposes

SMALL BUSINESS ASSISTANCE GRANTS
$15,000 1 grant
TECHNICAL ASSISTANCE GRANTS
$15,000 1 grant
GENERAL OPERATING SUPPORT
$10,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $293K $269K $250K
2023 $36K $176K $-91K
2022 $503K $193K $532K
2021 $573K $605K $127K
2020 $309K $476K

Between 2020 and 2024, reported annual revenue declined from $309K to $293K (-5%), with total assets most recently reported at $250K.

Interactive year-over-year charts and full filing details available with membership.

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