Ivy Foundation of Hampton Inc

Nonprofit profile at a glance

EIN
342023854
IRS 990-EZ coverage
2010–2024
Forms available
Form 990 2023, Form 990-EZ 2024
Location
Hampton, VA, USA
Rating
55
Verdict
MIXED
Rating confidence
Moderate
Sector
Public Foundations

Reported finances

Revenue
$11,098
Expenses
$10,315
Assets
$25,687
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

25 people listed

People named in this filing

  • TERRY FARMER WEST (Secretary)
  • LORRAINE SPELLER (Trustee)
  • WANDA HOLT (Assistant 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

Charitable

What it reported doing in 2024

Community Impact/Support

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

MIXED - Total assets are large relative to annual expenses, but may not be spendable cash. 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: 56
  • Transparency & Controls: 57
  • Sustainability: 62
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 55.3%; rating input score 55
  • Program expense ratio: 59.4%; rating input score 59

Transparency & Controls

  • Consistency checks: 70%; rating input score 70; 2nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 7.1%; rating input score 58; 58th percentile among comparable filings
  • Total-asset coverage ratio: 2.49; rating input score 70; 70th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -8.9% per year; rating input score 0; 29th percentile among comparable filings
  • Revenue growth: -3.1% per year; rating input score 0; 40th percentile among comparable filings
  • Asset growth: 5.9% per year; rating input score 100; 61st percentile among comparable filings

Details

  • Where the money goes: 55.3% of revenue deployed · 59.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $6K in reported program spending
  • Leadership: top reported pay $0 · 25 people listed
  • Consistency: 7 of 8 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 8 filing years from 2010 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.

  • Review — Financial Efficiency: Mission deployment rate scored 55/100.
  • Review — Financial Efficiency: Program expense ratio scored 59/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Operating margin scored 58/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.