THE IVY ACADEMY OF EARLY LEARNING (EIN 460697436) - 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

2014

Legal Domicile

Principal Officer

AMY HITCHINSON

Phone

8473123371

Tax Period

2023-01-01 to 2023-12-31

THE IVY ACADEMY OF EARLY LEARNING, founded in 2014, is a community nonprofit in the Education sector that reported $1.6M in total revenue in fiscal year 2023. Expenses of $1.8M exceeded revenue, resulting in a 11% operating deficit.

Mission

TO PROVIDE QUALITY EARLY CHILDHOOD EDUCATION AND RELATED SERVICES, WHILE STRIVING TO EMPOWER YOUNG CHILDREN THROUGH FAMILY-FRIENDLY SUPPORT AND EDUCATION

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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 $101,200

Program Service Revenue $1,505,813

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,607,013

Expense Breakdown

Grants Paid $50,260

Salaries & Benefits $1,287,938

Fundraising Expenses $0

Program Expenses $1,469,037

Other Expenses $441,741

TOTAL EXPENSES $1,779,939

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,607,013	$1,504,123	+0.1%
Expenses	$1,779,939	$1,375,074	+0.3%
Net Income	$-172,926	$129,049	-2.3%

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

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

$787,717

Total Directors

$952,174

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMY HITCHINSON	PRESIDENT	10.00	Officer Director	$195,878	$11,534	$413,244
JOSHUA HARRIS	TREASURER	10.00	Officer Director	$160,723	$5,824	$374,473
JUDY FEINGLASS	SECRETARY	1.00	Officer Director	$0	$0	$0
ERIC LARSON	DIRECTOR	1.00	Director	$0	$0	$0
PETER WASEM	DIRECTOR	1.00	Director	$0	$0	$0
JULIA FLORES	CHIEF ADMINISTRATIVE OFFICER	10.00	Director	$43,152	$1,409	$84,982
LORENA DELGADO	ASSOCIATE EXECUTIVE DIRECTOR	10.00	Director	$57,970	$6,158	$79,475

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	$1,607,013	$1,779,939	$698,020	$-172,926
2022	$1,504,123	$1,375,074	$829,376	$129,049
2021	$1,278,405	$1,279,900	$756,753	$-1,495
2019	$1,160,285	$965,360	$599,365	$194,925
2018	$1,031,514	$967,243	$382,849	$64,271

THE IVY ACADEMY OF EARLY LEARNING