THE IVY FOUNDATION (EIN 311685355) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

KARI EVANS

Phone

4344090623

Tax Period

2023-01-01 to 2023-12-31

THE IVY FOUNDATION, founded in 1999, is a small nonprofit in the Education sector that reported $164K in total revenue in fiscal year 2018. Revenue decreased 19% compared to the prior year. Expenses of $304K exceeded revenue, resulting in a 85% operating deficit.

Mission

THE FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF THE UNIVERSITY OF VIRGINIA BY PROVIDING FINANCIAL SUPPORT FOR SCIENTIFIC RESEARCH AT THE UNIVERSITY'S HEALTH SCIENCES CENTER, SCHOOL OF ENGINEERING AND APPLIED SCIENCES, AND COLLEGE OF ARTS AND SCIENCES.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $54,330

Other Revenue $0

TOTAL REVENUE $54,330

Expense Breakdown

Grants Paid $0

Salaries & Benefits $118,115

Fundraising Expenses $0

Other Expenses $30,221

TOTAL EXPENSES $148,336

Year-over-Year Comparison

	2023	2022	Change
Revenue	$54,330	$212,900	-0.7%
Expenses	$148,336	$478,253	-0.7%
Net Income	$-94,006	$-265,353	-0.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$107,004

Total Directors

$6,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KARI EVANS	EXECUTIVE DIRECTOR	40.00	Officer	$104,004	$0	$104,004
ROBERT BATTLE MD	CHAIRMAN & PRESIDENT	1.00	Officer Director	$1,000	$0	$1,000
MARTHA BATTLE MD	VICE PRESIDENT & TREASURER	1.00	Officer Director	$1,000	$0	$1,000
ALDEN ENGLISH	SECRETARY	1.00	Officer Director	$1,000	$0	$1,000
DEAN GIANAKOS MD	DIRECTOR	1.00	Director	$1,000	$0	$1,000
MELINA KIBBE MD	DIRECTOR	1.00	Director	$1,000	$0	$1,000
MARCUS LEWIS MARTIN II	DIRECTOR	1.00	Director	$1,000	$0	$1,000

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$54,330	$148,336	$1,384,405	$-94,006
2022	$212,900	$478,253	$1,295,363	$-265,353
2021	$380,892	$441,177	$2,118,242	$-60,285
2020	$309,599	$2,339,600	$2,063,447	$-2,030,001
2019	$230,991	$302,570	$4,694,864	$-71,579
2018	$163,929	$303,709	$3,938,151	$-139,780

THE IVY FOUNDATION