THE IVY FOUNDATION

EIN: 521542302 501(c)(3)

WASHINGTON, DC

Total Revenue
$54,692
Total Expenses
$34,196
Total Assets
$535,713
Net Assets
$535,713
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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
1987
Legal Domicile
DC
Principal Officer
Tracy Harrison
Phone
2027231111
Tax Period
2024-01-01 to 2024-12-31

THE IVY FOUNDATION, founded in 1987, is a micro nonprofit that reported $55K in total revenue in fiscal year 2024. Revenue fell 36% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $20K, a strong 37% operating margin.

Mission

To promote education and cultural enrichment, support economic empowerment, and foster health and social well-being by providing financial assistance to individuals and community-based organizations.

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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 $9,922
Program Service Revenue $41,408
Investment Income $3,362
Other Revenue $0
TOTAL REVENUE $54,692

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $27,418
Other Expenses $34,196
TOTAL EXPENSES $34,196

Year-over-Year Comparison

2024 2023 Change
Revenue $54,692 $85,792 -0.4%
Expenses $34,196 $50,903 -0.3%
Net Income $20,496 $34,889 -0.4%
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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Governance

Voting Members
16
Independent Members
16
Employees
N/A
Volunteers
17

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
5
$0
Total Directors
16
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
COURTNEY A COFFEY BOARD MEMBER 1
Director
$0 $0 $0
PATRICIA KHAN TREASURER 5
Officer Director
$0 $0 $0
ROSALIE H STROMAN EXECUTIVE DIRECTOR 3
Officer Director
$0 $0 $0
FERIAL S BISHOP PARLIAMENTARIAN 2
Director Key Emp
$0 $0 $0
CRYSTAL SAUNDERS HANCOCK FINANCIAL SECRETARY 1
Officer Director
$0 $0 $0
BRENDOLYN MCCARTHY-JONES ATTORNEY ADVISOR 1
Officer Director
$0 $0 $0
KIMBERLY VARNER BOARD MEMBER 1
Director
$0 $0 $0
MONICA ARRINGTON AUDIT CHAIRMAN 1
Director
$0 $0 $0
TERRY HEIL BOARD MEMBER 1
Director
$0 $0 $0
MONICA ROACHE BOARD MEMBER 1
Director
$0 $0 $0
DAPHNE BENBOW BOARD MEMBER 1
Director
$0 $0 $0
ELEANOR PADGETT BOARD MEMBERS 1
Director
$0 $0 $0
SHAUNIA CARLYLE BOARD MEMBER 1
Director
$0 $0 $0
TONYA BELL SPRY BOARD MEMBER 1
Director
$0 $0 $0
RHONDA MOORE BOARD MEMBER 1
Director
$0 $0 $0
TRACY HARRISON CHAIRPERSON 5
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 No data No data No data No data
2024 $54,692 $34,196 $535,713 $20,496
2023 $85,792 $50,903 $518,937 $34,889
2021 $97,415 $71,868 $502,897 $25,547
2020 $64,575 $42,102 $317,256 $22,473
2019 $125,344 $71,840 $282,161 $53,504
2018 $59,189 $54,318 $214,044 $4,871
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