Ivy Vine Charities Incorporated
- Assets
- $96.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Silver Spring, MD
- Founding
- 06/1995
- Data as of
- 12/2023
- EIN
- 52-1903943
Organization Overview
Ivy Vine Charities Incorporated is located in Silver Spring, MD. The organization was established in 1995. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ivy Vine Charities Incorporated 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 12/2023, Ivy Vine Charities Incorporated generated $60.6k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $58.4k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ENRICH LIVES THROUGH PROVIDING EXEMPLARY COMMUNITY SERVICE IN MONTGOMERY COUNTY, MD AND NEIGHBORING COMMUNITIES.
Describe the Organization's Program Activity:
Part 3
IVY VINE CHARITIES PROVIDED COLLEGE SCHOLARSHIPS AND BOOK AWARDS TO GRADUATING HIGH SCHOOL SENIORS, AND EDUCATION AWARDS TO STUDENTS THAT PARTICIPATED IN THE ORGANIZATIONS DEBUTANTE ACTIVITIES.
IVY VINE CHARITIES MADE CONTRIBUTIONS TO LOCAL, NATIONAL, AND INTERNATIONAL ORGANIZATIONS THROUGH DIRECT GIVING. IVY VINE CHARITIES SELECTED ORGANIZATIONS THAT HAVE A SIMILAR MISSION TO SERVE THE COMMUNITY BASED ON NEED.
IVY VINE CHARITIES SUPPORTED THE COMMUNITY SERVICE PROGRAMS OF ALPHA KAPPA ALPHA SORORITY, INCORPORATED, THETA OMEGA OMEGA CHAPTER THROUGH AN ANNUAL GRANT. THE FIVE PROGRAM TARGET AREAS ARE ARTS, FAMILY, ECONOMICS, EDUCATION AND HEALTH.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vivieca Simpson President | 5 | $0 | |
Marcia Watts Senior Vice President | 5 | $0 | |
Lori Farmer Parliamentarian | 1 | $0 | |
Stacy Walker Recording Secretary | 5 | $0 | |
Marcia Watts Corresponding Secretary | 5 | $0 | |
Samaria Crossdale Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,393 |
| Total Program Service Revenue | $0 |
| Membership dues | $13,015 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $19,114 |
| Other Revenue | $22 |
| Total Revenue | $60,554 |
| 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 | $550 |
| Occupancy, rent, utilities, and maintenance | $2,400 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,348 |
| Total expenses | $58,448 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $96,472 |
| Other assets | $0 |
| Total assets | $96,472 |
| Total liabilities | $0 |
| Net assets or fund balances | $96,472 |
Grants Awarded
Over the last fiscal year, Ivy Vine Charities Incorporated has awarded $11,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THETA OMEGA OMEGA AKA PURPOSE: General Purposes | $6,500 |
YMCA OF METRO WASHINGTON PURPOSE: General Purposes | $5,000 |