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IGNITE CAPITAL INC

EIN 84-4893203 BALTIMORE, MD

Revenue 2024
$765,308
Expenses 2024
$440,396

Program services were 87.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
Classification
1000
Street
1400 GREENMOUNT AVE B01

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

1 other organization in the IRS Business Master File lists the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

Mission and programs · 2024

Mission

IGNITE CAPITAL IS A SOCIAL IMPACT FUND WITH THE MISSION TO 1) EMPOWER AND RESOURCE BALTIMORE SOCIAL ENTERPRISES IN ECONOMICALLY DISTRESSED COMMUNITITES, 2)SUPPORT THE OVERALL EFFORTS OF THESE SOCIAL ENTERPRISES TO ATTRACT FUTURE INVESTMENTS IN SUPPORT OF THEIR MISSION AND, 3) CONTRIBUTE TO ONGOING EFFORTS IN ENSURING BALTIMORE NEIGHBORHOODS ARE THRIVING SUSTAINABLY.

Activities or mission (Part I)

IGNITE CAPITAL IS A SOCIAL IMPACT FUND WITH THE MISSION TO 1) EMPOWER AND RESOURCE BALTIMORE SOCIAL ENTERPRISES IN ECONOMICALLY DISTRESSED COMMUNITIES, 2) SUPPORT THE OVERALL EFFORTS OF THESE SOCIAL ENTERPRISES TO ATTRACT FUTURE INVESTMENTS IN SUPPORT OF THEIR MISSION AND, 3) CONTRIBUTE TO ONGOING EFFORTS IN ENSURING BALTIMORE NEIGHBORHOODS ARE THRIVING SUSTAINABLY.

  • EMPOWER AND RESOURCE BALTIMORE SOCIAL ENTERPRISES IN ECONOMICALLY DISTRESSED COMMUNITIES.

    Expenses $384,289 · Grants $53,550

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Patti Chandler

    CHAIRMAN & TREASURER

    Total calculated
    $0
    Hours/week
    4

  • Murray Dalziel

    SECRETARY

    Total calculated
    $0
    Hours/week
    4

  • Richard McGowan Sj

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Dan Rizzo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Bree Jones

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Mary Ann Scully

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Carrie McKellogg

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Al Gourrier

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Danielle Torain-Victor

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Jay Nwachu

    CEO

    Total calculated
    $169,009
    From this org
    $0
    From related orgs
    $144,502
    Other
    $24,507
    Hours/week
    16

    Schedule J breakdown matched by us

    Base
    $0 + $144,502 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $24,507 related
    Filer's total
    $0 + $169,009 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $765,308
    Expenses
    $440,396
    Contributions
    $731,521
    Grants paid
    $53,550
  • 2024
    Revenue
    $283,280
    Expenses
    $199,751
    Contributions
    $277,475
    Grants paid
    $38,850
  • 2023
    Revenue
    $263,432
    Expenses
    $326,646
    Contributions
    $236,005
    Grants paid
    $92,200
  • 2022
    Revenue
    $317,895
    Expenses
    $209,587
    Contributions
    $307,941
    Grants paid
    $80,275

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $387,747
    Expenses
    $306,945
    Assets (EOY)
    $988,673

  • 2020 · 990

    Revenue
    $19,534
    Expenses
    $5,636
    Assets (EOY)
    $638,898

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

  • INFINITE FOCUS INC

    $40,000

    2023 SUPPORT MISSION-RELATED PROGRAMS AND OPERATIONS

  • INFINITE FOCUS INC

    $35,000

    2022 SUPPORT MISSION-RELATED PROGRAMS AND OPERATIONS

  • YOKE MANAGEMENT LLC

    $11,000

    2023 SUPPORT MISSION-RELATED PROGRAMS AND OPERATIONS

  • MORE WATTERS LLC

    $10,000

    2022 SUPPORT MISSION-RELATED PROGRAMS AND OPERATIONS

  • TYKIA YAVONNIA OUZTS

    $8,500

    2023 SUPPORT MISSION-RELATED PROGRAMS AND OPERATIONS

  • ACRES4CHANGE INC

    $8,000

    2023 SUPPORT MISSION-RELATED PROGRAMS AND OPERATIONS

  • FRESHMEET U LLC

    $7,000

    2022 SUPPORT MISSION-RELATED PROGRAMS AND OPERATIONS

  • YACHTSY LLC

    $6,200

    2023 SUPPORT MISSION-RELATED PROGRAMS AND OPERATIONS

  • FUTURE MAKERS

    $6,000

    2024 SUPPORT MISSION-RELATED PROGRAMS AND OPERATIONS

  • NOISY TENANTS

    $6,000

    2022 SUPPORT MISSION-RELATED PROGRAMS AND OPERATIONS

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Declared as related by

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility SO.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.