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.