THE IVY FOUNDATION

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1987

Legal Domicile

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.

Program Service Accomplishments

Program 1

Expenses: $9,575 Revenue: $0

Program 1:The organization conducted a series of in-person and virtual workshops focused on personal and professional development, financial literacy, health education, and leadership. These programs were designed to empower individuals with knowledge and tools to improve their lives and communities.

Program 2

Expenses: $8,268 Revenue: $0

Program 2: Community Events and Outreach: The organization hosted cultural events, community dialogues, and outreach initiatives to engage underserved populations, strengthen relationships, and...

Program 2: Community Events and Outreach: The organization hosted cultural events, community dialogues, and outreach initiatives to engage underserved populations, strengthen relationships, and promote inclusive civic participation. These programs foster a sense of belonging and raise awareness around issues impacting the community.

Program 3

Expenses: $5,471 Revenue: $0

Program 3: Scholarships and Financial Aid: Scholarships and small grants were awarded to students and families in need to support access to higher education and vocational training. These funds help...

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

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