Civic Intelligence

Ipa Foundation

990 • Fiscal year 2024 • EIN 82-1554460

Jul 01, 2023 to Jun 30, 2024 • Filed on Apr 07, 2025

PO Box 282Burlington, WA 98233

(360) 319-9524

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

50th percentile

3.1%

Higher net margin than 50% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

55th percentile

3.7%

Faster asset growth than 55% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

40th percentile

-5.0%

Faster revenue growth than 40% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$146,577

Up $5,292 (+3.7%) from 2023

Net Assets

Up

$146,577

Up $10,025 (+7.3%) from 2023

Liabilities

Down

$0

Down $4,733 (-100%) from 2023

Revenue

Down

$320,728

Down $17,057 (-5.0%) from 2023

Expenses

Up

$310,703

Up $9,145 (+3.0%) from 2023

Net Income

Down

$10,025

Down $26,202 (-72%) from 2023

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2018: $11,902Net Assets 2018: $11,9022018Assets 2019: $6,836Net Assets 2019: $6,8362019Assets 2020: $16,129Net Assets 2020: $16,1292020Assets 2021: $36,784Liabilities 2021: $0Net Assets 2021: $36,7842021Assets 2022: $100,325Liabilities 2022: $0Net Assets 2022: $100,3252022Assets 2023: $141,285Liabilities 2023: $4,733Net Assets 2023: $136,5522023Assets 2024: $146,577Liabilities 2024: $0Net Assets 2024: $146,5772024Assets 2025: $275,509Liabilities 2025: $1,980Net Assets 2025: $273,5292025

Highlighted filing

2024

Assets$146,577
Liabilities$0
Net Assets$146,577

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2018: $150,350Expenses 2018: $157,576Net Income 2018: -$7,2262018Revenue 2019: $157,019Expenses 2019: $162,085Net Income 2019: -$5,0662019Revenue 2020: $183,856Expenses 2020: $174,563Net Income 2020: $9,2932020Revenue 2021: $268,209Expenses 2021: $247,553Net Income 2021: $20,6562021Revenue 2022: $286,793Expenses 2022: $223,252Net Income 2022: $63,5412022Revenue 2023: $337,785Expenses 2023: $301,558Net Income 2023: $36,2272023Revenue 2024: $320,728Expenses 2024: $310,703Net Income 2024: $10,0252024Revenue 2025: $541,202Expenses 2025: $414,250Net Income 2025: $126,9522025

Highlighted filing

2024

Revenue$320,728
Expenses$310,703
Net Income$10,025
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 7, 2025
Return Version
2023v6.0
Gross Receipts
$320,728
Mission and Program Overview

Mission

The mission of the IPA Foundation is to improve living conditions in Copan Ruinas Honduras or other foreign locations by improving access to education, health, and economic opportunities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$120,877$127,000▲ $6,123
Cash and Non-Interest-Bearing Accounts$18,617$19,577▲ $960
Accounts Receivable$1,791$0▼ $1,791
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$141,285$146,577▲ $5,292
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$4,733--
Total Liabilities$4,733$0▼ $4,733
Net Assets / Fund Balance
Net Assets With Donor Restrictions$90,984$83,788▼ $7,196
Net Assets Without Donor Restrictions$45,568$62,789▲ $17,221
Total Net Assets Fund Balance$136,552$146,577▲ $10,025
Total Liabilities and Net Assets / Fund Balance$141,285$146,577▲ $5,292
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$314,604
Program Service Revenue
$0
Investment Income
$6,124
Other Revenue
$0
All Other Contributions
$314,604
Change in Net Assets
$10,025
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$310,703
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$304,808$5,895-$5,895
Total Functional Expenses$304,808$5,895$0$310,703
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Form 990 is reviewed by the President prior to submission. Form 990 reflects the accounts reported to the board each month and financial statements are approved by the board each month.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Ipa Foundation
EIN
82-1554460
Phone
3603199524
Address
PO BOX 282, BURLINGTON, WA 98233

Signing Officer

Name
Bernadette Halliday
Title
Treasurer
Signed
2025-04-07

Organization Details

Formed
2017
Legal Domicile
Wa
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
50
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

OTHER PROGRAM SERVICES 4: Adopt a school is a program where individuals or Rotary Clubs can sponsor a school in Honduras. Schools that are sponsored receive uniforms for all kids attending school, backpacks, student schools supplies, the schools participate in a mobile library, and teachers can request school supplies. OTHER PROGRAM SERVICES 5: The rapid development program is where participating villages are given education on economics, banking, and business amoung other things. Villagers are given access to funds so they can start their own business enterprises. Villages participate in the program for three years at which time they should be able to sustain their enterprises and continue to grow. OTHER PROGRAM SERVICES 6: Contractors are engaged to oversee the entire operation. They support the rapid development project by providing training and assistance. They oversee all the construciton and educational projects. OTHER PROGRAM SERVICES 7: The health fund is provided to assist local school children to seek medical attention for illnesses and other medical conditions that when caught early can be attended to and when not attended to can become fatal. OTHER PROGRAM SERVICES 8: Small projects and other project costs.

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IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSE
IRS990/OtherExpensesGrp/Desc1OFFICE/MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05895
IRS990/OtherExpensesGrp/ProgramServicesAmt0304808
IRS990/OtherExpensesGrp/TotalAmt0304808
IRS990/OtherExpensesGrp/TotalAmt15895
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0Educational projects encourage students to stay in school and ultimately advance their economic conditions. Educational projects include providing a mobile library, providing classroom supplies, replacing books, supporting the public library, and providing scientific calculators to students.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt046565
IRS990/ProgSrvcAccomActy3Grp/Desc0Construction projects are undertaken in Honduras to enhance living conditions, health, and education. Projects include but are not limited to; the construction of classrooms, repairing roofs, windows and fences, building kitchens, installing pilas and latrines, building bridges, and providing repairs in response to disaster relief.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt035248
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0336908
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0877
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0301558
IRS990/PYRevenuesLessExpensesAmt036227
IRS990/PYTotalExpensesAmt0301558
IRS990/PYTotalRevenueAmt0337785
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt010025
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0120877
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0127000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0314604
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0336908
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0286793
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0268209
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0183856
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01390370
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt06124
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0877
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt07001
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99500
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01390370
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0314604
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0336908
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0286793
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0268209
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0183856
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01390370
IRS990ScheduleA/TotalSupportAmt01397371
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/ScheduleBRequiredInd0true
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER PROGRAM SERVICES 4: Adopt a school is a program where individuals or Rotary Clubs can sponsor a school in Honduras. Schools that are sponsored receive uniforms for all kids attending school, backpacks, student schools supplies, the schools participate in a mobile library, and teachers can request school supplies. OTHER PROGRAM SERVICES 5: The rapid development program is where participating villages are given education on economics, banking, and business amoung other things. Villagers are given access to funds so they can start their own business enterprises. Villages participate in the program for three years at which time they should be able to sustain their enterprises and continue to grow. OTHER PROGRAM SERVICES 6: Contractors are engaged to oversee the entire operation. They support the rapid development project by providing training and assistance. They oversee all the construciton and educational projects. OTHER PROGRAM SERVICES 7: The health fund is provided to assist local school children to seek medical attention for illnesses and other medical conditions that when caught early can be attended to and when not attended to can become fatal. OTHER PROGRAM SERVICES 8: Small projects and other project costs.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990 is reviewed by the President prior to submission. Form 990 reflects the accounts reported to the board each month and financial statements are approved by the board each month.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0WA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0141285
IRS990/TotalAssetsEOYAmt0146577
IRS990/TotalAssetsGrp/BOYAmt0141285
IRS990/TotalAssetsGrp/EOYAmt0146577
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0314604
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt05895
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0304808
IRS990/TotalFunctionalExpensesGrp/TotalAmt0310703
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04733
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt04733
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0136552
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0146577

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