IVY ACADEMY OF EARLY LEARNING II INC (EIN 815164418) - 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

2019

Legal Domicile

Principal Officer

AMY HITCHINSON

Phone

8473123371

Tax Period

2023-01-01 to 2023-12-31

IVY ACADEMY OF EARLY LEARNING II INC, founded in 2019, is a community nonprofit in the Human Services sector that reported $1.2M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.

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 $135,750

Program Service Revenue $1,093,403

Investment Income $10,740

Other Revenue $0

TOTAL REVENUE $1,239,893

Expense Breakdown

Grants Paid $51,405

Salaries & Benefits $886,133

Fundraising Expenses $0

Program Expenses $1,022,262

Other Expenses $320,366

TOTAL EXPENSES $1,257,904

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,239,893	$1,122,948	+0.1%
Expenses	$1,257,904	$1,057,378	+0.2%
Net Income	$-18,011	$65,570	-1.3%

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	$129,806	$11,534	$413,244
JOSHUA HARRIS	TREASURER	10.00	Officer Director	$132,291	$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	$35,299	$1,409	$84,982
LORENA DELGADO	ASSOCIATE EXECUTIVE DIRECTOR	10.00	Director	$10,983	$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	$1,239,893	$1,257,904	$259,894	$-18,011
2022	$1,122,948	$1,057,378	$256,691	$65,570
2021	$851,104	$914,527	$177,912	$-63,423
2020	$901,674	$602,491	$280,614	$299,183

IVY ACADEMY OF EARLY LEARNING II INC