Halls of Ivy Academy
Nonprofit profile at a glance
- EIN
- 871226372
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Memphis, TN, USA
- Phone
- 9014894164
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Alliance/Advocacy
Reported finances
- Revenue
- $102,629
- Expenses
- $83,380
- Assets
- $41,236
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- Camille James-Phillips (Executive Director)
People named in this filing
- Camille James-Phillips (Executive Director)
- Sheila Byars Fields (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Halls of Ivy Academy empowers communities through sustainable agriculture, food education, and creative programming delivered to community organizations that reconnect people with the land and healthier ways of living. We cultivate gardens, entrepreneurs and cultural knowledge to ensure access to nutritious food and strengthen communities.
What it reported doing in 2024
We expanded the Frayser Community garden
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 82
- Sustainability: 55
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80.9%; rating input score 81
- Program expense ratio: 99.5%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 18.8%; rating input score 72; 72nd percentile among comparable filings
- Total-asset coverage ratio: 0.49; rating input score 37; 37th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 25.8%; rating input score 13; 13th percentile among comparable filings
Growth
- Program expense growth: 80.8% per year; rating input score 100; 96th percentile among comparable filings
- Revenue growth: 80.6% per year; rating input score 100; 98th percentile among comparable filings
- Asset growth: 95.1% per year; rating input score 100; 98th percentile among comparable filings
Details
- Where the money goes: 80.9% of revenue deployed · 99.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $83K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
- High — Sustainability: Officer compensation ratio scored 13/100.