Civic Intelligence

The Ivymount Foundation Inc.

990 • Fiscal year 2015 • EIN 20-1832991

Jul 01, 2014 to Jun 30, 2015 • Filed on May 12, 2016

11614 Seven Locks RoadRockville, MD 20854

(301) 469-0223

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

32nd percentile

0.02x

Higher debt load relative to assets than 32% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

54th percentile

0.13x

Higher debt load relative to revenue than 54% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

93rd percentile

57%

Higher net margin than 93% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

64th percentile

4.9%

Faster asset growth than 64% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

84th percentile

34%

Faster revenue growth than 84% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$4,402,889

Up $206,660 (+4.9%) from 2014

Net Assets

Up

$4,298,673

Up $298,697 (+7.5%) from 2014

Liabilities

Down

$104,216

Down $92,037 (-47%) from 2014

Revenue

Up

$794,577

Up $201,471 (+34%) from 2014

Expenses

Up

$342,233

Up $42,205 (+14%) from 2014

Net Income

Up

$452,344

Up $159,266 (+54%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2010: $1,729,919Liabilities 2010: $126,132Net Assets 2010: $1,603,7872010Assets 2011: $2,512,248Liabilities 2011: $57,923Net Assets 2011: $2,454,3252011Assets 2012: $2,865,258Liabilities 2012: $431,506Net Assets 2012: $2,433,7522012Assets 2013: $3,677,909Liabilities 2013: $184,291Net Assets 2013: $3,493,6182013Assets 2014: $4,196,229Liabilities 2014: $196,253Net Assets 2014: $3,999,9762014Assets 2015: $4,402,889Liabilities 2015: $104,216Net Assets 2015: $4,298,6732015Assets 2016: $4,715,117Liabilities 2016: $319,662Net Assets 2016: $4,395,4552016Assets 2017: $5,494,969Liabilities 2017: $682,808Net Assets 2017: $4,812,1612017Assets 2018: $6,344,726Liabilities 2018: $561,880Net Assets 2018: $5,782,8462018Assets 2019: $6,936,975Liabilities 2019: $884,558Net Assets 2019: $6,052,4172019Assets 2020: $7,287,617Liabilities 2020: $881,820Net Assets 2020: $6,405,7972020Assets 2021: $8,923,489Liabilities 2021: $825,141Net Assets 2021: $8,098,3482021Assets 2022: $7,467,855Liabilities 2022: $961,157Net Assets 2022: $6,506,6982022Assets 2023: $8,341,400Liabilities 2023: $1,621,776Net Assets 2023: $6,719,6242023Assets 2024: $7,975,033Liabilities 2024: $736,250Net Assets 2024: $7,238,7832024Assets 2025: $8,519,342Liabilities 2025: $1,689,214Net Assets 2025: $6,830,1282025

Highlighted filing

2015

Assets$4,402,889
Liabilities$104,216
Net Assets$4,298,673

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.0M$0-$1.0MExpenses 2010: $231,2882010Revenue 2011: $846,747Expenses 2011: $58,247Net Income 2011: $788,5002011Expenses 2012: $485,7072012Expenses 2013: $404,4922013Revenue 2014: $593,106Expenses 2014: $300,028Net Income 2014: $293,0782014Revenue 2015: $794,577Expenses 2015: $342,233Net Income 2015: $452,3442015Revenue 2016: $187,857Expenses 2016: $342,105Net Income 2016: -$154,2482016Revenue 2017: $773,554Expenses 2017: $799,707Net Income 2017: -$26,1532017Revenue 2018: $1,299,335Expenses 2018: $628,432Net Income 2018: $670,9032018Revenue 2019: $836,602Expenses 2019: $820,217Net Income 2019: $16,3852019Revenue 2020: $450,484Expenses 2020: $701,953Net Income 2020: -$251,4692020Revenue 2021: $1,100,426Expenses 2021: $696,026Net Income 2021: $404,4002021Revenue 2022: $1,262,759Expenses 2022: $1,026,341Net Income 2022: $236,4182022Revenue 2023: $746,996Expenses 2023: $868,362Net Income 2023: -$121,3662023Revenue 2024: $1,611,758Expenses 2024: $1,720,639Net Income 2024: -$108,8812024Revenue 2025: $685,142Expenses 2025: $1,326,003Net Income 2025: -$640,8612025

Highlighted filing

2015

Revenue$794,577
Expenses$342,233
Net Income$452,344
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 12, 2016
Return Version
2014v6.0
Gross Receipts
$4,584,244
Mission and Program Overview

Mission

To provide financial support for the development and delivery of educational, therapeutic, and school related programs that serve students and young adults with intellectual and developmental disabilities and unique learning needs in the Washington, DC metropolitan area.

To help develop programs for disabled children and young adults throughout the washington, dc metropolitan area, by financially supporting educational, therapeutic, and school-related programs for children with developmental disabilities, learning disabilities, behavioral disorders, autism spectrum disorders, communication disorders, and multiple handicaps.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,621,521$4,002,361▲ $380,840
Pledges and Grants Receivable$393,220$200,000▼ $193,220
Cash and Non-Interest-Bearing Accounts$148,994$196,708▲ $47,714
Prepaid Expenses and Deferred Charges$32,494$2,999▼ $29,495
Total Assets$4,196,229$4,402,889▲ $206,660
Other Assets Total$0$821▲ $821
Liabilities
Grants Payable$155,786$100,000▼ $55,786
Deferred Revenue$35,585--
Accounts Payable and Accrued Expenses$4,882$4,216▼ $666
Total Liabilities$196,253$104,216▼ $92,037
Net Assets / Fund Balance
Unrestricted Net Assets$2,419,073$2,486,259▲ $67,186
Temporarily Rstr Net Assets$1,580,903$1,812,414▲ $231,511
Total Net Assets Fund Balance$3,999,976$4,298,673▲ $298,697
Total Liabilities and Net Assets / Fund Balance$4,196,229$4,402,889▲ $206,660
Compensation and Service Providers

Board Members and Trustees

NameTitle
Joanna SilverPresident
Robert E WanermanVice President
Molly WhalenDirector of Development & Communications
Lee OppenheimDirector of Finance & Administration
Barry FierstTrustee
Ehud DorTrustee
J Timothy MccannTrustee
Jonathan CutlerTrustee
Kelly McvearryTrustee
Ken JonesTrustee
Lynne Doner LotenbergTrustee
Mathew AdlerTrustee
Meaghan Mcgrath SuttonTrustee
Gerard McloughlinIvymount Corporation Repre
Jan WintrolIvymount Corporation Repre
Gary N AikenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$366,743
Program Service Revenue
$0
Investment Income
$174,233
Other Revenue
$253,601
All Other Contributions
$295,789
Change in Net Assets
$452,344

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table378$120,584Fair Market Value
Total Noncash Contributions378$120,584-

Audited Revenue Reconciliation

Revenue per Audited Statements
$794,577
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-153,647
Total Revenue per Audited Statements
$640,930
Total Revenue per Form 990
$794,577
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$313,344
Total Fundraising Expense$76,947
Grants and Similar Amounts Paid$28,889
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management-$160,000-$160,000
Fees for Service Investment Mgmnt Fees-$36,703-$36,703
Grants to Domestic Orgs$28,889--$28,889
Fees for Services Accounting-$12,092-$12,092
Office Expenses-$9,738-$9,738
Insurance-$7,144-$7,144
Conferences and Meetings-$6,304-$6,304
Other Expenses-$4,416$13,168$4,416
Total Functional Expenses$28,889$236,397$76,947$342,233

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$342,233
Total Expenses per Audited Statements$342,233
Total Expenses per Form 990$342,233
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Ivymount School IncRockville, MD501(c)(3)2015 Support for Staff Enrichment, Summer Program, Mln and Ism Study$28,889
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$341,000
Fundraising Direct Expenses$87,460
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$411,954$341,000-$341,000
Total Events$411,954$341,000$87,460$253,540
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Ivymount school, inc. Provides management services such as business, accounting, and marketing for ivymount foundation.

Form 990, Part VI, Section B, Line 11

The treasurer and management review the 990.

Form 990, Part VI, Section B, Line 12C

If the board has reason to believe that an interested party has failed to disclose an actual or potential conflict of interest, it shall inform the person of the basis for such belief and afford the person an opportunity to explain the alleged failure to disclose. If, after hearing the response of the interested party and making such further investigation as may be warranted in the circumstances, the board determines that the interested party has in fact failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action, up to dismissal from the board.

Form 990, Part VI, Section C, Line 19

Governing documents and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Ivymount Foundation Inc
EIN
20-1832991
Phone
3014690223
Address
11614 SEVEN LOCKS ROAD, ROCKVILLE, MD 20854

Signing Officer

Name
Gary N Aiken
Title
Treasurer
Phone
3014690223
Signed
2016-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gary N Aiken
Formed
2004
Legal Domicile
Md
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
67

Preparer

Firm
Squire Lemkin Company Llp
Address
111 ROCKVILLE PIKE SUITE 475, ROCKVILLE, MD 20850
Preparer
Tracy M Morey
Phone
3014246800
Supplemental Narrative

Additional Explanations

Form 990. Part XII, Line 2C

No change has been made from the prior year regarding the responsibilities of the audit committee to oversee the audit of the financial statements of the organization and to select an independent accountant.

Financial Statement Notes

PART X, LINE 2:

The foundation does not believe its financial statements include any uncertain tax positions, and has no unrecognized tax benefits or liabilities that need to be recorded.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR OF DEVELOPMENT & COMMUNICATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt11IVYMOUNT CORPORATION REPRE
IRS990/Form990PartVIISectionAGrp/TitleTxt12IVYMOUNT CORPORATION REPRE
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IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR OF FINANCE & ADMINISTRATION
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IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt028889
IRS990/GrantsToDomesticOrgsGrp/TotalAmt028889
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt03791203
IRS990/GrossReceiptsAmt04584244
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt07144
IRS990/InsuranceGrp/TotalAmt07144
IRS990/InvestmentIncomeGrp/ExclusionAmt085237
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt085237
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03621521
IRS990/InvestmentsPubTradedSecGrp/EOYAmt04002361
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MD
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt03702207
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO HELP DEVELOP PROGRAMS FOR DISABLED CHILDREN AND YOUNG ADULTS THROUGHOUT THE WASHINGTON, DC METROPOLITAN AREA, BY FINANCIALLY SUPPORTING EDUCATIONAL, THERAPEUTIC, AND SCHOOL-RELATED PROGRAMS FOR CHILDREN WITH DEVELOPMENTAL DISABILITIES, LEARNING DISABILITIES, BEHAVIORAL DISORDERS, AUTISM SPECTRUM DISORDERS, COMMUNICATION DISORDERS, AND MULTIPLE HANDICAPS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03999976
IRS990/NetAssetsOrFundBalancesEOYAmt04298673
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt088996
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt088996
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0253540
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0253540
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-153647
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0120584
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09738
IRS990/OfficeExpensesGrp/TotalAmt09738
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt0821
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0AUCTION
IRS990/OtherExpensesGrp/Desc1FUNDRAISING EXPENSE
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/FundraisingAmt063779
IRS990/OtherExpensesGrp/FundraisingAmt113168
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04416
IRS990/OtherExpensesGrp/TotalAmt063779
IRS990/OtherExpensesGrp/TotalAmt113168
IRS990/OtherExpensesGrp/TotalAmt24416
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt061
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt061
IRS990/OtherRevenueTotalAmt061
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0393220
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0200000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt032494
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02999
IRS990/PrincipalOfficerNm0GARY N AIKEN
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0383941
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0128255
IRS990/PYInvestmentIncomeAmt0192909
IRS990/PYOtherExpensesAmt0171773
IRS990/PYOtherRevenueAmt016256
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0293078
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0300028
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0593106
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0452344
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0295789
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0383941
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0942025
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0413998
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0450325
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02486078
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0174233
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0192909
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt048190
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt081237
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt076166
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0572735
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0991964
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.80010
IRS990ScheduleA/PublicSupportPY170Pct00.85820
IRS990ScheduleA/PublicSupportTotal170Amt02447254
IRS990ScheduleA/SubstantialContributorsTotAmt038824
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0295789
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0383941
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0942025
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0413998
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0450325
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02486078
IRS990ScheduleA/TotalSupportAmt03058813
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0342233
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-153647
IRS990ScheduleD/RevenueNotReportedAmt0-153647
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0794577
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS, AND HAS NO UNRECOGNIZED TAX BENEFITS OR LIABILITIES THAT NEED TO BE RECORDED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0342233
IRS990ScheduleD/TotalRevenuePerForm990Amt0794577
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0640930
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0342233
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt070954
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt070954
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt087460
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt087460
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt087460
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0411954
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0411954
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0341000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0341000
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0253540
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt028889
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt02015 SUPPORT FOR STAFF ENRICHMENT, SUMMER PROGRAM, MLN AND ISM STUDY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0IVYMOUNT SCHOOL INC
IRS990ScheduleI/RecipientTable/RecipientEIN0521195527
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt011614 SEVEN LOCKS ROAD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ROCKVILLE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MD
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd020854
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt0378
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0AUCTION ITEMS
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0120584
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IVYMOUNT SCHOOL, INC. PROVIDES MANAGEMENT SERVICES SUCH AS BUSINESS, ACCOUNTING, AND MARKETING FOR IVYMOUNT FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TREASURER AND MANAGEMENT REVIEW THE 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IF THE BOARD HAS REASON TO BELIEVE THAT AN INTERESTED PARTY HAS FAILED TO DISCLOSE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST, IT SHALL INFORM THE PERSON OF THE BASIS FOR SUCH BELIEF AND AFFORD THE PERSON AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE RESPONSE OF THE INTERESTED PARTY AND MAKING SUCH FURTHER INVESTIGATION AS MAY BE WARRANTED IN THE CIRCUMSTANCES, THE BOARD DETERMINES THAT THE INTERESTED PARTY HAS IN FACT FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION, UP TO DISMISSAL FROM THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO CHANGE HAS BEEN MADE FROM THE PRIOR YEAR REGARDING THE RESPONSIBILITIES OF THE AUDIT COMMITTEE TO OVERSEE THE AUDIT OF THE FINANCIAL STATEMENTS OF THE ORGANIZATION AND TO SELECT AN INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$8.52$1.69$6.83$0.69$1.33$0.64
2024Detailed filing. Detailed filing data is available for this year.$7.98$0.74$7.24$1.61$1.72$0.11
2023Detailed filing. Detailed filing data is available for this year.$8.34$1.62$6.72$0.75$0.87$0.12
2022Detailed filing. Detailed filing data is available for this year.$7.47$0.96$6.51$1.26$1.03$0.24
2021Detailed filing. Detailed filing data is available for this year.$8.92$0.83$8.10$1.10$0.70$0.40
2020Detailed filing. Detailed filing data is available for this year.$7.29$0.88$6.41$0.45$0.70$0.25
2019Detailed filing. Detailed filing data is available for this year.$6.94$0.88$6.05$0.84$0.82$0.02
2018Detailed filing. Detailed filing data is available for this year.$6.34$0.56$5.78$1.30$0.63$0.67
2017Detailed filing. Detailed filing data is available for this year.$5.49$0.68$4.81$0.77$0.80$0.03
2016Detailed filing. Detailed filing data is available for this year.$4.72$0.32$4.40$0.19$0.34$0.15
2015Detailed filing. Detailed filing data is available for this year.$4.40$0.10$4.30$0.79$0.34$0.45
2014Detailed filing. Detailed filing data is available for this year.$4.20$0.20$4.00$0.59$0.30$0.29
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.68$0.18$3.49$0.40
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.87$0.43$2.43$0.49
2011Summary only. Only limited summary data is available for this year.$2.51$0.06$2.45$0.85$0.06$0.79
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.73$0.13$1.60$0.23