Ivory Tower Inc
Nonprofit profile at a glance
- EIN
- 465180443
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2013
- Location
- Boone, NC, USA
- Phone
- 8282633129
- Rating
- 51
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Agricultural Programs
Reported finances
- Revenue
- $97,708
- Expenses
- $67,316
- Assets
- $94,605
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- BRETT TAUBMAN (PRESIDENT)
People named in this filing
- BRETT TAUBMAN (PRESIDENT)
- SHEA TUBERTY (VP)
- ZACK SEIFTS (TREASURER)
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
The purpose of ivory tower inc is to aid in the education and research and to expand the education on developing, formulating and processing of malt beverages with the intent to bridge
What it reported doing in 2024
PARTNERS! Canines Hopes to End the Euthanasia of AdoptabIe Dogs and Puppies in NC! We rescue dogs and puppiesfrom high kiII sheIters, and provide a safe haven for them in our rescue. AII of our adoption fees go towards our Iife savingefforts, and our spay/neuter programs in Iow income counties!
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 20
- Transparency & Controls: 82
- Sustainability: 62
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 16.9%; rating input score 17
- Program expense ratio: 24.5%; rating input score 25
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 31.1%; rating input score 82; 82nd percentile among comparable filings
- Total-asset coverage ratio: 1.41; rating input score 56; 56th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 1.7% per year; rating input score 100; 53rd percentile among comparable filings
- Revenue growth: 21% per year; rating input score 100; 90th percentile among comparable filings
- Asset growth: 25% per year; rating input score 100; 89th percentile among comparable filings
Details
- Where the money goes: 16.9% of revenue deployed · 24.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $16K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- 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.
- High — Financial Efficiency: Mission deployment rate scored 17/100.
- High — Financial Efficiency: Program expense ratio scored 25/100.
- Review — Sustainability: Total-asset coverage ratio scored 56/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.