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Washington · Nonprofit

Innovia Ignite Foundation

Innovia Ignite Foundation (Washington) receives grants from 2 organizations whose IRS filings report $1,010,000 to it, the largest being SPOKANE TEACHERS CREDIT UNION ($1,010,000). 0 of them have funded it in more than one year.

Revenue FY2025
$-223034
Funders on record
2
Grants received
$1.0M
Net assets
$774k
0/2 repeat funders
01What it does

What Innovia Ignite Foundation does

Mission

Ignite giving and generosity in the community to support the mission of Innovia Foundation and to hold property as needed for the Foundation.

As stated on its FY2025 Form 990.

Program

  1. The organization's purpose is to act as support for Innovia Foundation, igniting giving and generosity in the community, and to carry out charitable purposes that support the overall mission of Innovia Foundation.

    $1,306,146 spentof which $1,201,115 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,306,146.

02The organization over time

The organization over time

Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20222022 Revenue 100 ($4k) Expenses 100 ($8k) Net assets 0 ($-3718)2023 Revenue 86781 ($3.8M) Expenses 11497 ($930k) Net assets 100 ($2.9M)2024 Revenue 3913 ($171k) Expenses 8729 ($706k) Net assets 81 ($2.3M)2025 Revenue -5104 ($-223034) Expenses 16398 ($1.3M) Net assets 27 ($774k)
2022202320242025
Revenue (-5104)Expenses (16398)Net assets (27)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $320k to $3.2M (+898%).

$320k
$3.2M
$2.8M
$1.3M
2022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

-139% of Innovia Ignite Foundation’s revenue is contributions — more earned-revenue than three-quarters of its peers (95% for the typical peer).

This organization
Typical peer · 8,549 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 4 reported years ran a deficit.

−$4k
’22
$2.9M
’23
−$535k
’24
−$1.5M
’25
1.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Shelly O'Quinn

Innovia CEO

Board chair

Michael Bibin

President/Chairperson

As listed on its FY2025 Form 990.

2022202320242025
Listed13121213
Joined·+0+0+1
No longer listed·100
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'24*
'25*
total
funders
1
1

Left out of every figure on this page: $85k from one payer (the payer shares this organization's board, largest Innovia Foundation). These are real filings, and they are not money Innovia Ignite Foundation raised.

From the IRS filings of Innovia Ignite Foundation’s funders (the co-funder graph). Top 1 of 2 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of Innovia Ignite Foundation's grant income comes from Washington funders.

WA

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Innovia Ignite Foundation's revenue fell 5204% between 2022 and 2025.

Operating margin695% · outside the comparable range
Months of reserve1.4mo · bottom quartile
Revenue growth (annualized)526% · outside the comparable range

this organization peer median middle 50% of peers· 4,748 philanthropy nonprofits under $100k, FY2025

Organizations like Innovia Ignite Foundation

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Washington

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

98% of spending goes to programs.

Program 98%Management 2%Fundraising 0%

Governance

11
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 2 related entities

  • Innovia Foundation · exempt
  • LaunchNW · exempt

Screen this organization

A dated, signed PDF of the compliance screen for Innovia Ignite Foundation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Innovia Ignite Foundation?
Innovia Ignite Foundation (Washington) receives grants from 2 organizations whose IRS filings report $1,010,000 to it, the largest being SPOKANE TEACHERS CREDIT UNION ($1,010,000). 0 of them have funded it in more than one year.
How many funders does Innovia Ignite Foundation have?
IRS filings report 2 organizations giving $1,010,000 in grants to Innovia Ignite Foundation.
Who is the largest funder of Innovia Ignite Foundation?
SPOKANE TEACHERS CREDIT UNION is the largest funder on record, with $1,010,000 in grants. The full list of funders is on this page.
How can an organization like Innovia Ignite Foundation find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2022–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing