Human Services
(P20)
IRS Verified
DX Registered
990 on File
RED WING IGNITE
CharityAI™ Score
Not yet evaluated
Mission Statement
Connecting entrepreneurs and businesses with the resources to ignite, launch and accelerate their ideas.
Financial Overview — FY 2023
$1.1M
Total Revenue
$994K
Total Expenses
$651K
Net Assets
7
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
88.8%
Fundraising Efficiency
N/A
Operating Reserve
7.86x
Liability-to-Asset
6.8%
Revenue Diversification
95.8%
Executive Compensation
$105K
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $1.1M | $994K | $651K | 88.8% | 7 |
| 2022 | $1.1M | $841K | $514K | 89.5% | 3 |
| 2021 | $568K | $554K | $107K | 95.7% | 3 |
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