The Ivymount School Inc

EIN: 521195527 501(c)(3) Education

Rockville, MD

Total Revenue
$22,093,037
Total Expenses
$22,580,229
Total Assets
$16,372,673
Net Assets
$13,711,276
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
MD
Principal Officer
Lee-Nadine Oppenheim
Phone
3014690223
Tax Period
2024-07-01 to 2025-06-30

The Ivymount School Inc, founded in 1980, is a mid-sized nonprofit in the Education sector that reported $22.1M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

Nonprofit organization that provides educational programs and therapeutic services that invest in the abilities of neurodivergent children and young adults with unique learning needs including special 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,917,272
Program Service Revenue $18,946,278
Investment Income $306,697
Other Revenue $922,790
TOTAL REVENUE $22,093,037

Expense Breakdown

Grants Paid $0
Salaries & Benefits $19,266,818
Fundraising Expenses $380,729
Program Expenses $19,932,297
Other Expenses $3,313,411
TOTAL EXPENSES $22,580,229

Year-over-Year Comparison

2024 2023 Change
Revenue $22,093,037 $20,270,362 +0.1%
Expenses $22,580,229 $20,699,300 +0.1%
Net Income $-487,192 $-428,938 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
9
Employees
344
Volunteers
40

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
4
$385,750
Total Directors
10
$209,024
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Susan Holt School Director and CEO 40.00
Officer Director
$209,024 $0 $209,024
Desmond Lowe Director of Building & IT Services 40.00
Highest
$182,961 $0 $182,961
Lee-Nadine Oppenheim Director of Finance & Operations 40.00
Officer
$176,726 $0 $176,726
Kathryn Quinn Program Director 40.00
Highest
$167,775 $0 $167,775
Amanda Custer Dir Staff Services 40.00
Highest
$154,069 $0 $154,069
Ann Kern Director of Speech & Language 40.00
Highest
$136,932 $0 $136,932
Tracey Wright Director of Communications Marketi 40.00
Highest
$136,438 $0 $136,438
Paula Parsons Director 2.00
Director
$0 $0 $0
Molly Whalen Director 2.00
Director
$0 $0 $0
Andrea Mullins Director 2.00
Director
$0 $0 $0
Lauren Eskovitz Director 2.00
Director
$0 $0 $0
Jennifer Wolfsheimer Director 2.00
Director
$0 $0 $0
Eugenia Guardia Parent Rep 2.00
Director
$0 $0 $0
Jane Stine Parent Rep 2.00
Director
$0 $0 $0
Dan Hall President 2.00
Officer Director
$0 $0 $0
Dena Patel Treasurer 2.00
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
2025 $22,093,037 $22,580,229 $16,372,673 $-487,192
2024 $20,270,362 $20,699,300 $16,762,967 $-428,938
2023 $19,305,416 $19,524,930 $17,456,488 $-219,514
2022 $19,214,475 $18,809,281 $17,009,081 $405,194
2021 $20,137,999 $17,855,399 $18,000,460 $2,282,600
2020 $17,471,141 $18,080,628 $17,334,570 $-609,487
2019 $18,033,786 $18,024,240 $15,369,955 $9,546
2018 $18,265,203 $18,277,884 $15,665,521 $-12,681
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