Quick charity verification for Ivy Foundation Inc (EIN: 201685408)
Verdict: Ivy Foundation Inc appears trustworthy
85/100Mission Score
$109KRevenue
$392KAssets
1Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in the latest fiscal period (202312), leading to a deficit.
Strengths
Consistent growth in assets, from $188,843 in 2014 to $391,549 currently.
Zero reported officer compensation across all filings, indicating volunteer leadership.
Minimal to no liabilities reported in recent years, demonstrating strong financial stability.
Consistent filing of IRS 990s over 13 periods, showing commitment to transparency.
Spending Breakdown
How Ivy Foundation Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Ivy Foundation Inc
Is Ivy Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ivy Foundation Inc (EIN: 201685408) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Ivy Foundation Inc a good charity to donate to?
Ivy Foundation Inc has a Mission Score of 85/100. Revenue: $109K. Assets: $392K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ivy Foundation Inc?
The Employer Identification Number (EIN) for Ivy Foundation Inc is 201685408. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Ivy Foundation Inc spend its money?
Ivy Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ivy Foundation Inc's tax-exempt status?
You can verify Ivy Foundation Inc's tax-exempt status using EIN 201685408 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Ivy Foundation Inc demonstrates consistent financial activity, with revenues fluctuating between approximately $39,903 and $113,564 over the past decade. The organization maintains a healthy asset base, growing from $188,843 in 2014 to $391,549 currently, with minimal to no liabilities reported in recent years, indicating strong financial stability. The absence of reported officer compensation across all filings suggests a volunteer-driven leadership, which can be a positive indicator of resource allocation directly to mission-related activities. However, the latest filing (202312) shows expenses ($89,022) exceeding revenue ($71,549), resulting in a deficit for that period, which warrants monitoring to ensure long-term sustainability.
The organization's spending efficiency appears to vary. For instance, in 202112, expenses were significantly lower ($17,452) compared to revenue ($113,564), suggesting a period of substantial surplus. Conversely, the 202312 period shows a deficit. Without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to precisely assess spending efficiency. However, the consistent reporting of zero officer compensation across all filings is a strong indicator of transparency regarding executive pay and a commitment to minimizing overhead in that area. The consistent filing of 990s over 13 periods also reflects a commitment to regulatory transparency.