NonprofitsIgnite Technology And Innovation Inc

Community Improvement & Capacity Building

Ignite Technology And Innovation Inc

CHICAGO, IL

Total revenue

$293K

Total expenses

$269K

Net assets

Grants received

$41K

3 grants

EIN

822863800

Tax year

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

Financials

FY 2024

Revenue

Contributions & grants$285K
Program service revenue$7K
Investment income
Other revenue$763
Total revenue$293K

Expenses

Grants paid
Salaries & benefits$134K
Fundraising
Other expenses$135K
Total expenses$269K
Total assets$250K
Net assets

People

3 listed

NameRoleCompensation

CHRISTOPHER POWELL

BOARD OF DIRECTORS

Board

1 hrs/wk

DEREK STEVENSON

BOARD OF DIRECTORS

Board

1 hrs/wk

TRACY G POWELL

PRESIDENT AND CHAIRMAN

Board

1 hrs/wk

Grants received

Showing 3 of 3

FromAmountPurposeYear
$15K
SMALL BUSINESS ASSISTANCE GRANTS
2022
$15K
TECHNICAL ASSISTANCE GRANTS
2020
$11K
GENERAL OPERATING SUPPORT
2018

Funded by

$41K from 3 funders · 3 grants · 2018–2022

Chicago Urban League

$15K · 1 grant · 2020

The Chicago Community Trust

$11K · 1 grant · 2018

Details

EIN822863800
NTEE codeS30
Subsection03
Ruling date2018-01
Formed2018
Employees1
IGNITE TECHNOLOGY AND INNOVATION INC — Mission, Financials & Grants Received | Grantivo