IVC EDUCATIONAL FOUNDATION (EIN 371304997) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1992

Legal Domicile

Tax Period

2023-07-01 to 2024-06-30

IVC EDUCATIONAL FOUNDATION, founded in 1992, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $62K in total revenue in fiscal year 2023. Revenue surged 62% from the prior year, signaling strong growth momentum. The organization ran a surplus of $24K, a strong 39% operating margin.

Mission

THE IVC EDUCATIONAL FOUNDATION CONNECTS WITH EDUCATORS TO IDENTIFY THE ESSENTIAL NEEDS AT SOUTH, MOSSVILLE, CEC AND IVC HIGH SCHOOL.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $33,599

Program Service Revenue $0

Investment Income $17,119

Other Revenue $10,835

TOTAL REVENUE $61,553

Expense Breakdown

Grants Paid $36,602

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $36,602

Other Expenses $1,122

TOTAL EXPENSES $37,724

Year-over-Year Comparison

	2023	2022	Change
Revenue	$61,553	$37,938	+0.6%
Expenses	$37,724	$78,029	-0.5%
Net Income	$23,829	$-40,091	-1.6%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ASHLEY HETTELLE	TRUSTEE	1.00	Director	$0	$0	$0
CHAD ALLISON	TRUSTEE	1.00	Director	$0	$0	$0
KRIS NELSON	TRUSTEE	1.00	Director	$0	$0	$0
JOSH LINGENFELTER	TRUSTEE	1.00	Director	$0	$0	$0
KYLIE MILLIKEN	TRUSTEE	1.00	Director	$0	$0	$0
KEN HILL	TRUSTEE	1.00	Director	$0	$0	$0
BRENT CRANFORD	TRUSTEE	1.00	Director	$0	$0	$0
ABBY AULT	TRUSTEE	1.00	Director	$0	$0	$0
ANDY RUHLAND	CHAIR	1.00	Officer Director	$0	$0	$0
ADAM BUSSARD	TREASURER	2.00	Officer Director	$0	$0	$0
BROOKE GELTMAKER	SECRETARY	1.00	Officer Director	$0	$0	$0

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	$61,553	$37,724	$816,134	$23,829
2023	$37,938	$78,029	$711,709	$-40,091
2022	$66,966	$27,937	$701,460	$39,029
2021	$58,165	$18,440	$770,849	$39,725

IVC EDUCATIONAL FOUNDATION