Civic Intelligence

Ivory Tower Inc

EIN 46-5180443 • 501(c)3 • Boone, NC

Profile

The purpose of ivory tower inc is to aid in the education and research and to expand the education on developing, formulating and processing of malt beverages with the intent to bridge

141 Cardinal LaneBoone, NC 28607

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

77th percentile

31%

Higher net margin than 77% of similar nonprofits.

NTEE K20 • <$500k nonprofits • Source year 2024

Top Officer Pay

85th percentile

$0

Higher top officer pay than 85% of similar nonprofits.

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

NTEE K20 • <$500k nonprofits • Source year 2024

Asset Growth

78th percentile

47%

Faster asset growth than 78% of similar nonprofits.

NTEE K • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

34th percentile

-8.9%

Faster revenue growth than 34% of similar nonprofits.

NTEE K • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$94,605

Up $30,392 (+47%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$94,605

Up $30,392 (+47%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin77th percentile

Revenue

Down

$97,708

Down $9,524 (-8.9%) from 2023

Expenses

Down

$67,316

Down $60,274 (-47%) from 2023

Net Income

Up

$30,392

Up $50,750 (+249%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth78th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0Assets 2019: $67,401Liabilities 2019: $02019Assets 2020: $30,769Liabilities 2020: $25,000Net Assets 2020: $5,7692020Assets 2021: $36,435Liabilities 2021: $3,503Net Assets 2021: $32,9322021Assets 2022: $84,571Net Assets 2022: $84,5712022Assets 2023: $64,213Net Assets 2023: $64,2132023Assets 2024: $94,605Net Assets 2024: $94,6052024

Highlighted filing

2024

Assets$94,605
Liabilities-
Net Assets$94,605
Open 2024 Filing

Operations Trend

Revenue Growth34th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2019: $150,313Expenses 2019: $145,272Net Income 2019: $5,0412019Revenue 2020: $6,937Expenses 2020: $42,919Net Income 2020: -$35,9822020Revenue 2021: $100,099Expenses 2021: $72,936Net Income 2021: $27,1632021Revenue 2022: $137,425Expenses 2022: $85,786Net Income 2022: $51,6392022Revenue 2023: $107,232Expenses 2023: $127,590Net Income 2023: -$20,3582023Revenue 2024: $97,708Expenses 2024: $67,316Net Income 2024: $30,3922024

Highlighted filing

2024

Revenue$97,708
Expenses$67,316
Net Income$30,392
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$94,605
Liabilities
-
Net assets
$94,605
Revenue
$97,708
Expenses
$67,316
Net income
$30,392
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.95$0.95$0.98$0.67$0.30
2023Detailed filing. Detailed filing data is available for this year.$0.64$0.64$1.07$1.28$0.20
2022Detailed filing. Detailed filing data is available for this year.$0.85$0.85$1.37$0.86$0.52
2021Detailed filing. Detailed filing data is available for this year.$0.36$0.04$0.33$1.00$0.73$0.27
2020Detailed filing. Detailed filing data is available for this year.$0.31$0.25$0.06$0.07$0.43$0.36
2019Summary only. Only limited summary data is available for this year.$0.67$0.00$1.50$1.45$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 18, 2025
Return Version
2024v5.2
Gross Receipts
$97,708
Mission and Program Overview

Mission

The purpose of ivory tower inc is to aid in the education and research and to expand the education on developing, formulating and processing of malt beverages with the intent to bridge

Program Services

DescriptionGrantsExpenses
DONATION TO NC APPALACHIAN STATE UNIVERSITY FOREDUCATION AND RESEARCH IN FORMULATING, RESERACH AND PROCESSING MALT BEVERAGES FOR BRIDGING SCIENCE AND BUSINESS$15,000$15,000
PARTNERS! Canines Hopes to End the Euthanasia of AdoptabIe Dogs and Puppies in NC! We rescue dogs and puppiesfrom high kiII sheIters, and provide a safe haven for them in our rescue. AII of our adoption fees go towards our Iife savingefforts, and our spay/neuter programs in Iow income counties!$1,500$1,500
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRETT TAUBMANPresidentPT$0--
SHEA TUBERTYVP-$0--
ZACK SEIFTSTreasurer-$0--
SCOTT SMITHSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Ivory Tower Inc
EIN
46-5180443
Phone
8282633129
Address
141 CARDINAL LANE, BOONE, NC 28607

Signing Officer

Name
Brett Taubman
Title
President
Phone
8282633129
Signed
2025-06-18
Discuss with paid preparer
Yes

Preparer

Firm
Mkf Enterprises Inc
Address
1-E WENDY COURT, GREENSBORO, NC 27409
Preparer
Joel Frias
Phone
3367900386
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 10

“Donation for education and research in formulating, reserach and processing malt beverages for bridging science and business ; education and research; appalachian state university: rivers st, boone, nc, 28607; none, 15000.”

Form 990EZ, Part I, Line 10

“PARTNERS! Canines Hopes to End the Euthanasia of AdoptabIe Dogs and Puppies in NC.; SOCIAL AID; PARTNERS! CANINE: P.O. BOX 33, TODD, NC, 28684; NONE, 1500.”

Form 990EZ, Part I, Line 16

“INSURANCE 910.”

Form 990EZ, Part I, Line 16

“PERMITS 100.”

Form 990EZ, Part I, Line 16

“MEDIA 239.”

Form 990EZ, Part I, Line 16

“TRANSPORTATION 3000.”

Form 990EZ, Part I, Line 16

“SUPPLIES 16390.”

Form 990EZ, Part I, Line 16

“Depreciation 313.”

Raw XML Appendix176 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ZACK SEIFTS
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt020952
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE PURPOSE OF IVORY TOWER INC IS TO AID IN THE EDUCATION AND RESEARCH AND TO EXPAND THE EDUCATION ON DEVELOPING, FORMULATING AND PROCESSING OF MALT BEVERAGES WITH THE INTENT TO BRIDGE
IRS990EZ/PrintingPublicationsPostageAmt01093
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0DONATION TO NC APPALACHIAN STATE UNIVERSITY FOREDUCATION AND RESEARCH IN FORMULATING, RESERACH AND PROCESSING MALT BEVERAGES FOR BRIDGING SCIENCE AND BUSINESS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PARTNERS! Canines Hopes to End the Euthanasia of AdoptabIe Dogs and Puppies in NC! We rescue dogs and puppiesfrom high kiII sheIters, and provide a safe haven for them in our rescue. AII of our adoption fees go towards our Iife savingefforts, and our spay/neuter programs in Iow income counties!
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt015000
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt11500
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TotalExpensesAmt067316
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IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02349
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt012176
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0354280
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DONATION FOR EDUCATION AND RESEARCH IN FORMULATING, RESERACH AND PROCESSING MALT BEVERAGES FOR BRIDGING SCIENCE AND BUSINESS ; EDUCATION AND RESEARCH; APPALACHIAN STATE UNIVERSITY: RIVERS ST, BOONE, NC, 28607; NONE, 15000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PARTNERS! Canines Hopes to End the Euthanasia of AdoptabIe Dogs and Puppies in NC.; SOCIAL AID; PARTNERS! CANINE: P.O. BOX 33, TODD, NC, 28684; NONE, 1500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INSURANCE 910.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PERMITS 100.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MEDIA 239.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TRANSPORTATION 3000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SUPPLIES 16390.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Depreciation 313.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 10
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BRETT TAUBMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08282633129
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-06-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IVORY TOWER INC
ReturnHeader/Filer/BusinessNameControlTxt0IVOR
ReturnHeader/Filer/EIN0465180443
ReturnHeader/Filer/PhoneNum08282633129
ReturnHeader/Filer/USAddress/AddressLine1Txt0141 CARDINAL LANE
ReturnHeader/Filer/USAddress/CityNm0BOONE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028607
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0202068424
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MKF ENTERPRISES INC
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027409
ReturnHeader/PreparerPersonGrp/PhoneNum03367900386
ReturnHeader/PreparerPersonGrp/PreparationDt02025-06-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOEL FRIAS
ReturnHeader/ReturnTs02025-06-23T13:55:08-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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