The Ivymount Foundation Inc
Ivymount Foundation maintains strong assets despite fluctuating revenues and recent deficit spending.
EIN: 201832991 · Rockville, MD · NTEE: B11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.2M |
| Total Expenses | $868K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $8 |
| Net Assets | $6.7M |
| Transparency Score | 85/100 |
Is The Ivymount Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Ivymount Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Ivymount Foundation Inc
The Ivymount Foundation Inc (EIN: 201832991) is a nonprofit organization based in Rockville, MD, classified under NTEE code B11. The organization reported total revenue of $3.2M and total assets of $8.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Ivymount Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Ivymount Foundation Inc is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $747K |
| Total Expenses | $868K |
| Surplus / Deficit | $-121,366 |
| Total Assets | $8.3M |
| Total Liabilities | $1.6M |
| Net Assets | $6.7M |
| Operating Margin | -16.2% |
| Debt-to-Asset Ratio | 19.4% |
| Months of Reserves | 115.3 months |
Financial Health Grade: B
In 2023, The Ivymount Foundation Inc reported a deficit of $121K with expenses exceeding revenue, holds 115.3 months of operating reserves (strong position), has a debt-to-asset ratio of 19.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Ivymount Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -40.8% | -15.4% | +11.7% |
| 2022 | +14.8% | +47.5% | -16.3% |
| 2021 | +144.3% | -0.8% | +22.4% |
| 2020 | -46.2% | -14.4% | +5.1% |
| 2019 | -35.6% | +30.5% | +9.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Ivymount Foundation Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, The Ivymount Foundation Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $121K, with expenses exceeding revenue.
- Debt-to-asset ratio: 19.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that no officers receive salaries from the foundation, which is highly favorable for a nonprofit of its size with assets nearing $8 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of The Ivymount Foundation Inc's IRS 990 filings:
- Expenses exceeded revenue in the latest filing (202306), indicating a potential operational deficit.
- Significant year-over-year fluctuations in revenue and expenses could indicate unpredictable funding or operational costs.
Strengths
The following positive indicators were identified for The Ivymount Foundation Inc:
- Consistent growth in assets, from $4.1M in 2014 to $8.3M in 2023, demonstrating financial stability.
- 0% officer compensation reported across all filings, indicating a strong commitment to program spending.
- Healthy asset-to-liability ratio, with assets of $8,341,400 and liabilities of $1,621,776 in 202306.
Frequently Asked Questions about The Ivymount Foundation Inc
Is The Ivymount Foundation Inc a legitimate charity?
The Ivymount Foundation Inc (EIN: 201832991) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.2M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does The Ivymount Foundation Inc spend its money?
The Ivymount Foundation Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to The Ivymount Foundation Inc tax-deductible?
The Ivymount Foundation Inc is registered as a tax-exempt nonprofit (EIN: 201832991). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Ivymount Foundation Inc CEO make?
The Ivymount Foundation Inc's highest-compensated officer earns $8 annually. The organization reported $3.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of The Ivymount Foundation Inc's spending goes to programs?
The Ivymount Foundation Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Ivymount Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), The Ivymount Foundation Inc is above average for NTEE category B11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Ivymount Foundation Inc located?
The Ivymount Foundation Inc is headquartered in Rockville, Maryland and files with the IRS under EIN 201832991. It is classified under NTEE code B11.
How many years of IRS 990 filings does The Ivymount Foundation Inc have?
The Ivymount Foundation Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.2M in total revenue.
Is The Ivymount Foundation Inc a good charity?
Based on the available data, The Ivymount Foundation Inc appears to be a good charity, primarily due to its strong asset base, consistent growth in assets, and the notable absence of officer compensation, suggesting a high dedication of resources to its mission. However, recent deficit spending in 202306 warrants monitoring.
How has the organization's financial health changed over time?
The organization's financial health has generally improved over time, with assets growing from $4,196,229 in 201406 to $8,341,400 in 202306. Revenue and expenses have fluctuated, but the asset base has shown consistent strength.
What is the trend in revenue versus expenses?
Revenue and expenses have varied significantly year-to-year. For example, in 202206, revenue ($1,262,759) exceeded expenses ($1,026,341), while in 202306, expenses ($868,362) exceeded revenue ($746,996). This indicates an inconsistent operational surplus/deficit.
Filing History
IRS 990 filing history for The Ivymount Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Ivymount Foundation Inc's revenue has declined by 11.8%, moving from $847K to $747K. Total assets increased by 232% over the same period, from $2.5M to $8.3M. Total functional expenses rose by 1390.8%, from $58K to $868K. In its most recent filing year (2023), The Ivymount Foundation Inc reported a deficit of $121K, with expenses exceeding revenue. The organization holds $1.6M in liabilities against $8.3M in assets (debt-to-asset ratio: 19.4%), resulting in net assets of $6.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $747K | $868K | $8.3M | $1.6M | — | — |
| 2022 | $1.3M | $1.0M | $7.5M | $961K | — | View 990 |
| 2021 | $1.1M | $696K | $8.9M | $825K | — | — |
| 2020 | $450K | $702K | $7.3M | $882K | — | View 990 |
| 2019 | $837K | $820K | $6.9M | $885K | — | View 990 |
| 2018 | $1.3M | $628K | $6.3M | $562K | — | View 990 |
| 2017 | $774K | $800K | $5.5M | $683K | — | View 990 |
| 2016 | $188K | $342K | $4.7M | $320K | — | View 990 |
| 2015 | $795K | $342K | $4.4M | $104K | — | View 990 |
| 2014 | $593K | $300K | $4.2M | $196K | — | View 990 |
| 2013 | $1.3M | $404K | $3.7M | $184K | — | View 990 |
| 2012 | $525K | $486K | $2.9M | $432K | — | View 990 |
| 2011 | $847K | $58K | $2.5M | $58K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $747K, expenses of $868K, and assets of $8.3M (revenue -40.8% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.0M, and assets of $7.5M (revenue +14.8% year-over-year).
- 2021: Revenue of $1.1M, expenses of $696K, and assets of $8.9M (revenue +144.3% year-over-year).
- 2020: Revenue of $450K, expenses of $702K, and assets of $7.3M (revenue -46.2% year-over-year).
- 2019: Revenue of $837K, expenses of $820K, and assets of $6.9M (revenue -35.6% year-over-year).
- 2018: Revenue of $1.3M, expenses of $628K, and assets of $6.3M (revenue +68.0% year-over-year).
- 2017: Revenue of $774K, expenses of $800K, and assets of $5.5M (revenue +311.8% year-over-year).
- 2016: Revenue of $188K, expenses of $342K, and assets of $4.7M (revenue -76.4% year-over-year).
- 2015: Revenue of $795K, expenses of $342K, and assets of $4.4M (revenue +34.0% year-over-year).
- 2014: Revenue of $593K, expenses of $300K, and assets of $4.2M (revenue -54.9% year-over-year).
- 2013: Revenue of $1.3M, expenses of $404K, and assets of $3.7M (revenue +150.5% year-over-year).
- 2012: Revenue of $525K, expenses of $486K, and assets of $2.9M (revenue -38.0% year-over-year).
- 2011: Revenue of $847K, expenses of $58K, and assets of $2.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Ivymount Foundation Inc:
Data Sources and Methodology
This transparency report for The Ivymount Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.