The I'on Trust

Nonprofit profile at a glance

EIN
571071873
IRS 990-EZ coverage
2011–2025
Forms available
Form 990-EZ 2025
Location
Mount Pleasant, SC, USA
Phone
8438817541
Rating
63
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Performing Arts Organizations

Official website

Reported finances

Revenue
$112,488
Expenses
$84,480
Assets
$279,516

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • REID ELLIOTT (BOARD PRESIDENT)
  • JENNY EDWARD (VICE PRESIDENT)

People named in this filing

  • REID ELLIOTT (BOARD PRESIDENT)
  • JENNY EDWARD (VICE PRESIDENT)
  • DEBORAH O'LUNNEY (BOARD 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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To connect neighbors with their community by providing cultural and civic events and promoting volunteerism.

What it reported doing in 2025

Provide educational and artistic events, social andnetworking activities, while encouragingcommunity involvement.

Operating model

Revenue model
Donor-supported. 93% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 80% of its reported program spending out as grants.

The verdict

SUPPORTED - 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: 44
  • Transparency & Controls: 82
  • Sustainability: 70
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 41.2%; rating input score 41
  • Program expense ratio: 50.4%; rating input score 50

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 24.9%; rating input score 77; 77th percentile among comparable filings
  • Total-asset coverage ratio: 3.31; rating input score 90; 90th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 6.5% per year; rating input score 100; 50th percentile among comparable filings
  • Revenue growth: 3.9% per year; rating input score 100; 38th percentile among comparable filings
  • Asset growth: 8.4% per year; rating input score 100; 54th percentile among comparable filings

Details

  • Where the money goes: 41.2% of revenue deployed · 50.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $43K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 13 filing years from 2011 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 — Financial Efficiency: Mission deployment rate scored 41/100.
  • Review — Financial Efficiency: Program expense ratio scored 50/100.