Ivy Centennial Foundation Inc
- Assets
- $130.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Culver City, CA
- Founding
- 12/2014
- Data as of
- 12/2021
- EIN
- 47-1020733
Organization Overview
Ivy Centennial Foundation Inc is located in Culver City, CA. The organization was established in 2014. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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 Centennial Foundation 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 12/2021, Ivy Centennial Foundation Inc generated $87.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $63.6k during the year ending 12/2021. While expenses have increased by 20.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Program Activity:
Part 3
AWARDED SEVEN EDUCATIONAL SCHOLARSHIPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adrienne Thompson Board Member | 1 | $0 | |
Chairman Young Vice President | 2 | $0 | |
Olivette Sasser President | 3 | $0 | |
Kimberly Hines Treasurer | 2 | $0 | |
Shawn Grayson Board Member | 1 | $0 | |
Keisha Cooley Trotter Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,637 |
| Total Program Service Revenue | $0 |
| Membership dues | $2,940 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $39,718 |
| Total Revenue | $87,295 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $466 |
| Other expenses | $63,093 |
| Total expenses | $63,559 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $126,274 |
| Other assets | $0 |
| Total assets | $130,598 |
| Total liabilities | $175 |
| Net assets or fund balances | $130,423 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Ivy Centennial Foundation Inc has recieved totaling $10,974.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $10,632 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $342 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
James G Boswell Foundation Pasadena, CA | $149,317,114 | $5,540,300 |
Dj And T Foundation San Marino, CA | $47,605 | $2,666,565 |
Terasaki Family Foundation Los Angeles, CA | $55,847,762 | $8,456,920 |
The Green Foundation Pasadena, CA | $146,510,073 | $6,369,927 |
Winifred Stevens Foundation Tempe, AZ | $145,980,607 | $5,750,312 |
Smidt Foundation Beverly Hills, CA | $297,009,974 | $102,197,850 |
Arizona Sheet Metal Trade Trust Fund Phoenix, AZ | $16,953,948 | $8,730,285 |
Baker Street Foundation San Francisco, CA | $111,419,700 | $19,294,792 |
Pivotal Foundation Phoenix, AZ | $29,461,930 | $23,938,101 |
Fletcher Jones Foundation Pasadena, CA | $171,018,850 | $2,557,259 |
Angell Foundation Los Angeles, CA | $118,335,921 | $5,741,529 |
Ben And Catherine Ivy Foundation Scottsdale, AZ | $302,350,252 | $12,975,372 |