Civic Intelligence

Ivy Creek Foundation Inc

EIN 54-1112932 • 501(c)3 • Charlottesville, VA

Profile

Connecting people to the past & present by honoring the land, history, and community. To inspire and engage our community in the stewardship of our natural resources and our rich african american cultural history.

PO Box 956Charlottesville, VA 22902-0956

ivycreekfoundation.org

Siviq Scores

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

Liabilities / Assets

39th percentile

0.00x

Higher debt load relative to assets than 39% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

44th percentile

0.01x

Higher debt load relative to revenue than 44% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

62nd percentile

11%

Higher net margin than 62% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

58th percentile

6.6%

Faster asset growth than 58% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

49th percentile

6.1%

Faster revenue growth than 49% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$950,451

Up $58,736 (+6.6%) from 2023

Liabilities

Down

$2,430

Down $914 (-27%) from 2023

Net Assets

Up

$948,021

Up $59,650 (+6.7%) from 2023

Revenue

Up

$323,113

Up $18,616 (+6.1%) from 2023

Expenses

Up

$287,620

Up $75,183 (+35%) from 2023

Net Income

Down

$35,493

Down $56,567 (-61%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $391,758Liabilities 2010: $1,430Net Assets 2010: $390,3282010Assets 2011: $425,618Liabilities 2011: $1,2632011Assets 2012: $446,104Liabilities 2012: $1,6422012Assets 2013: $485,611Liabilities 2013: $1,1882013Assets 2014: $491,526Liabilities 2014: $1,1862014Assets 2015: $484,064Liabilities 2015: $1,0242015Assets 2016: $521,319Liabilities 2016: $1,233Net Assets 2016: $520,0862016Assets 2017: $582,807Liabilities 2017: $1,797Net Assets 2017: $581,0102017Assets 2018: $555,571Liabilities 2018: $221Net Assets 2018: $555,3502018Assets 2019: $664,905Liabilities 2019: $1,476Net Assets 2019: $663,4292019Assets 2020: $756,884Liabilities 2020: $1,610Net Assets 2020: $755,2742020Assets 2021: $867,765Liabilities 2021: $1,781Net Assets 2021: $865,9842021Assets 2022: $740,806Liabilities 2022: $2,509Net Assets 2022: $738,2972022Assets 2023: $891,715Liabilities 2023: $3,344Net Assets 2023: $888,3712023Assets 2024: $950,451Liabilities 2024: $2,430Net Assets 2024: $948,0212024

Highlighted filing

2024

Assets$950,451
Liabilities$2,430
Net Assets$948,021

Operations Trend

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

$400K$200K$0-$200K-$400KRevenue 2010: -$174,311Expenses 2010: $54,986Net Income 2010: -$229,2972010Revenue 2011: $79,018Expenses 2011: $51,641Net Income 2011: $27,3772011Revenue 2012: $75,110Expenses 2012: $73,925Net Income 2012: $1,1852012Revenue 2013: $66,858Expenses 2013: $76,336Net Income 2013: -$9,4782013Revenue 2014: $53,256Expenses 2014: $74,647Net Income 2014: -$21,3912014Revenue 2015: $76,448Expenses 2015: $71,415Net Income 2015: $5,0332015Revenue 2016: $87,820Expenses 2016: $81,296Net Income 2016: $6,5242016Revenue 2017: $93,795Expenses 2017: $92,286Net Income 2017: $1,5092017Revenue 2018: $103,012Expenses 2018: $98,856Net Income 2018: $4,1562018Revenue 2019: $81,008Expenses 2019: $85,491Net Income 2019: -$4,4832019Revenue 2020: $134,372Expenses 2020: $111,040Net Income 2020: $23,3322020Revenue 2021: $167,112Expenses 2021: $131,471Net Income 2021: $35,6412021Revenue 2022: $168,492Expenses 2022: $157,944Net Income 2022: $10,5482022Revenue 2023: $304,497Expenses 2023: $212,437Net Income 2023: $92,0602023Revenue 2024: $323,113Expenses 2024: $287,620Net Income 2024: $35,4932024

Highlighted filing

2024

Revenue$323,113
Expenses$287,620
Net Income$35,493

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.50$0.02$9.48$3.23$2.88$0.35
2023Detailed filing. Detailed filing data is available for this year.$8.92$0.03$8.88$3.04$2.12$0.92
2022Detailed filing. Detailed filing data is available for this year.$7.41$0.03$7.38$1.68$1.58$0.11
2021Detailed filing. Detailed filing data is available for this year.$8.68$0.02$8.66$1.67$1.31$0.36
2020Detailed filing. Detailed filing data is available for this year.$7.57$0.02$7.55$1.34$1.11$0.23
2019Detailed filing. Detailed filing data is available for this year.$6.65$0.01$6.63$0.81$0.85$0.04
2018Detailed filing. Detailed filing data is available for this year.$5.56$0.00$5.55$1.03$0.99$0.04
2017Detailed filing. Detailed filing data is available for this year.$5.83$0.02$5.81$0.94$0.92$0.02
2016Detailed filing. Detailed filing data is available for this year.$5.21$0.01$5.20$0.88$0.81$0.07
2015Summary only. Only limited summary data is available for this year.$4.84$0.01$0.76$0.71$0.05
2014Summary only. Only limited summary data is available for this year.$4.92$0.01$0.53$0.75$0.21
2013Summary only. Only limited summary data is available for this year.$4.86$0.01$0.67$0.76$0.09
2012Summary only. Only limited summary data is available for this year.$4.46$0.02$0.75$0.74$0.01
2011Summary only. Only limited summary data is available for this year.$4.26$0.01$0.79$0.52$0.27
2010Summary only. Only limited summary data is available for this year.$3.92$0.01$3.90$1.74$0.55$2.29
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 9, 2025
Return Version
2024v5.0
Gross Receipts
$324,949
Mission and Program Overview

Mission

Our mission is connecting people to the past and present by honoring the land, history, and community. Our vision is to inspire and engage our community in the stewardship of our natural resources and our rich african american cultural history.

Connecting people to the past & present by honoring the land, history, and community. To inspire and engage our community in the stewardship of our natural resources and our rich african american cultural history.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$454,797$502,426▲ $47,629
Investments Other Securities$287,557$309,063▲ $21,506
Cash and Non-Interest-Bearing Accounts$94,361$132,962▲ $38,601
Savings and Temporary Cash Investments$55,000$6,000▼ $49,000
Total Assets$891,715$950,451▲ $58,736
Liabilities
Accounts Payable and Accrued Expenses$3,344$2,430▼ $914
Total Liabilities$3,344$2,430▼ $914
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$594,796$602,923▲ $8,127
Net Assets With Donor Restrictions$293,575$345,098▲ $51,523
Total Net Assets Fund Balance$888,371$948,021▲ $59,650
Total Liabilities and Net Assets / Fund Balance$891,715$950,451▲ $58,736

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$309,063--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$747,354-▲ $70,635$500$817,489
2023$669,660-▲ $39,895$20,207$747,354
2022$813,106-▼ $117,687$25,759$669,660
2021$719,462-▲ $93,644-$813,106
2020$643,744-▲ $75,688-$719,462
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Susan ErhardtExecutive DiPT$44,540$44,540

Board Members and Trustees

NameTitle
Bob HoldsworthDirector
Dr Stanley WoodfolkDirector
Ed BrooksDirector
Elyse GirardDirector
Jessica HarrisDirector
Jody LahendroDirector
John ScrivaniDirector
Katlin DewittDirector
Keith WoodardDirector
Lindsey ShaversDirector
Lisa ShuttDirector
Philip EdmondsDirector
Dr Teresa LeslieDirector/pre
Sarita HermanDirector/sec
Edward CoatesDirector/tre
Scott KarrDirector/vic
Revenue and Support

Revenue Composition

Contributions and Grants
$263,522
Program Service Revenue
$8,234
Investment Income
$47,966
Other Revenue
$3,391
All Other Contributions
$263,522
Change in Net Assets
$35,493
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$174,231
Other Expenses$113,389
Total Fundraising Expense$20,880
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$95,849$16,096$5,365$117,310
Occupancy$59,452$1,877$1,252$62,581
Current Officers, Directors, Trustees, and Key Employees$29,842$11,135$3,563$44,540
Payroll Taxes$8,667$2,476$1,238$12,381
Information Technology$3,555$1,729$586$5,870
Fees for Services Other$4,127$1,376-$5,503
All Other Expenses$3,095$1,153$375$4,623
Fees for Services Accounting$1,516$1,685$168$3,369
Insurance$1,734$647$207$2,588
Other Expenses$1,529$437$218$2,184
Advertising--$1,851$1,851
Office Expenses$646$241$77$964
Fees for Services Legal$111$41$13$165
Total Functional Expenses$227,124$39,616$20,880$287,620
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$1,836
Fundraising Gross Income$782
Professional Fundraising Fees$0
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
Business relationship with 35% controlled entity
No
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Teresa leslie philip edmonds board pres. Board direc. Cousins

Form 990, Page 6, Part VI, Line 11B

Form 990 is initially reviewed by the treasurer and executive director. Once the treasurer and executive director have approved, the executive committee of the board review it and vote to approve form 990 before filing. After the 990 is filed it is open for public inspection.

Form 990, Page 6, Part VI, Line 12C

The organization's conflict of interest policy is reviewed on an annual basis by both the members of the board of directors and each staff member of the organization.

Form 990, Page 6, Part VI, Line 15A

The president of the board of directors is responsible for the annual performance and compensation evaluation of the executive director. The full board reviews the performance of the executive director as related to the objectives of the organization, leadership and management competencies, fiscal responsibilities, and operational accountabilities. The full board meets annually to consider comparable performance and compensation data and establishes future compensation for the executive director.

Form 990, Page 6, Part VI, Line 15B

The president of the board of directors is responsible for the annual performance and compensation evaluation of the executive director. The full board reviews the performance of the executive director as related to the objectives of the organization, leadership and management competencies, fiscal responsibilities, and operational accountabilities. The full board meets annually to consider comparable performance and compensation data and establishes future compensation for the executive director.

Form 990, Page 6, Part VI, Line 18

The organization's forms 1023 and 990 are made available for public inspection at the organization's office.

Form 990, Page 6, Part VI, Line 19

Governing documents, policies, and financial statements are available to the public by request.

Filing and Contact Details

Filer

Filer Name
Ivy Creek Foundation Inc
EIN
54-1112932
Phone
4349737772
Address
PO BOX 956, CHARLOTTESVILLE, VA 22902-0956

Signing Officer

Name
Edward Coates
Title
Director/treasurer
Phone
4349737772
Signed
2025-05-09

Organization Details

Principal Officer
Edward Coates
Formed
1979
Voting Board Members
14
Independent Board Members
14
Employees
6
Volunteers
310

Preparer

Firm
Jones & Company CPA LLC
Address
PO BOX 1150, CROZET, VA 22932-0803
Preparer
Victoria W Jones
Phone
4348235559
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item C

Ivy creek natural area and historic river view farm

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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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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR/PRE
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR/VIC
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR/SEC
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR/TRE
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
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IRS990/MissionDesc0CONNECTING PEOPLE TO THE PAST & PRESENT BY HONORING THE LAND, HISTORY, AND COMMUNITY. TO INSPIRE AND ENGAGE OUR COMMUNITY IN THE STEWARDSHIP OF OUR NATURAL RESOURCES AND OUR RICH AFRICAN AMERICAN CULTURAL HISTORY.
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IRS990/PrincipalOfficerNm0EDWARD COATES
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IVY CREEK NATURAL AREA AND HISTORIC RIVER VIEW FARM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TERESA LESLIE PHILIP EDMONDS BOARD PRES. BOARD DIREC. COUSINS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS INITIALLY REVIEWED BY THE TREASURER AND EXECUTIVE DIRECTOR. ONCE THE TREASURER AND EXECUTIVE DIRECTOR HAVE APPROVED, THE EXECUTIVE COMMITTEE OF THE BOARD REVIEW IT AND VOTE TO APPROVE FORM 990 BEFORE FILING. AFTER THE 990 IS FILED IT IS OPEN FOR PUBLIC INSPECTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS REVIEWED ON AN ANNUAL BASIS BY BOTH THE MEMBERS OF THE BOARD OF DIRECTORS AND EACH STAFF MEMBER OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PRESIDENT OF THE BOARD OF DIRECTORS IS RESPONSIBLE FOR THE ANNUAL PERFORMANCE AND COMPENSATION EVALUATION OF THE EXECUTIVE DIRECTOR. THE FULL BOARD REVIEWS THE PERFORMANCE OF THE EXECUTIVE DIRECTOR AS RELATED TO THE OBJECTIVES OF THE ORGANIZATION, LEADERSHIP AND MANAGEMENT COMPETENCIES, FISCAL RESPONSIBILITIES, AND OPERATIONAL ACCOUNTABILITIES. THE FULL BOARD MEETS ANNUALLY TO CONSIDER COMPARABLE PERFORMANCE AND COMPENSATION DATA AND ESTABLISHES FUTURE COMPENSATION FOR THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PRESIDENT OF THE BOARD OF DIRECTORS IS RESPONSIBLE FOR THE ANNUAL PERFORMANCE AND COMPENSATION EVALUATION OF THE EXECUTIVE DIRECTOR. THE FULL BOARD REVIEWS THE PERFORMANCE OF THE EXECUTIVE DIRECTOR AS RELATED TO THE OBJECTIVES OF THE ORGANIZATION, LEADERSHIP AND MANAGEMENT COMPETENCIES, FISCAL RESPONSIBILITIES, AND OPERATIONAL ACCOUNTABILITIES. THE FULL BOARD MEETS ANNUALLY TO CONSIDER COMPARABLE PERFORMANCE AND COMPENSATION DATA AND ESTABLISHES FUTURE COMPENSATION FOR THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION'S FORMS 1023 AND 990 ARE MADE AVAILABLE FOR PUBLIC INSPECTION AT THE ORGANIZATION'S OFFICE.

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