Ivy Foundation Of Hampton Inc
- Assets
- $25.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hampton, VA
- Founding
- 09/2005
- Data as of
- 12/2022
- EIN
- 34-2023854
Organization Overview
Ivy Foundation Of Hampton Inc is located in Hampton, VA. The organization was established in 2005. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ivy Foundation Of Hampton Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Ivy Foundation Of Hampton Inc generated $18.1k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $16.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE IVY FOUNDATION OF HAMPTON INC IS TO PROVIDE FUNDING SUPPORT FOR SCHOLARSHIPS AND OTHER PROGRAMS AND INITIATIVES
Describe the Organization's Program Activity:
Part 3
EDUCATION/SCHOLARSHIP AWARDS
COMMUNITY IMPACT/SUPPORT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry Farmer West Board Chair | 0 | $0 | |
Lorraine Speller Trustee | 0 | $0 | |
Theresa Dailey Financial Secretary | 0 | $0 | |
Cristina Mcwilliams Treasurer | 0 | $0 | |
Wanda Holt Parliamentarian | 0 | $0 | |
Eleanor Blowe Business Manager | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,221 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,849 |
| Other Revenue | $0 |
| Total Revenue | $18,070 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $250 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,931 |
| Total expenses | $16,711 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,828 |
| Other assets | $0 |
| Total assets | $25,828 |
| Total liabilities | $0 |
| Net assets or fund balances | $25,828 |