Lotus & Ivy Pods is located in Decatur, GA. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lotus & Ivy Pods 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 06/2024, Lotus & Ivy Pods generated $258.4k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 34.6% each year . All expenses for the organization totaled $258.5k during the year ending 06/2024. While expenses have increased by 34.7% per year over the past 2 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
LOTUS & IVY PODS IS A TUTORING AGENCY WHICH PROVIDES AN EDUCATIONAL EXPERIENCE THAT IS DEVELOPMENTALLY APPROPRIATE, EXPERIENTIAL, ACADEMICALLY RIGOROUS, AND NOURISHING FOR THE WHOLE CHILD, "HEAD, HEART, AND HANDS." ONE OF GUIDING QUOTES IS FROM RUDOLF STEINER WHEN HE SAID, "OUR HIGHEST ENDEAVOR MUST BE TO DEVELOP FREE HUMAN BEINGS WHO ARE ABLE OF THEMSELVES TO IMPART PURPOSE AND DIRECTION TO THEIR LIVES. THE NEED FOR IMAGINATION, A SENSE OF TRUTH, AND A FEELING OF RESPONSIBILITY-THESE THREE FORCES ARE THE VERY NERVE OF EDUCATION." LIVE VIRTUAL LESSONS ARE THE CORNERSTONE OF OUR PROGRAM. WE BELIEVE THERE IS UNENDING VALUE IN MEETING THE TEACHER AND CLASSMATES LIVE EACH DAY. STUDENTS FORM A SPECIAL CONNECTION WITH THEIR TEACHER WHO GETS TO KNOW THEM WELL AND CAN PROVIDE FOR THEIR INDIVIDUAL NEEDS. STUDENTS MAY ASK QUESTIONS IN REAL TIME AND TRUE FRIENDSHIPS ARE MADE IN CLASS. THE SCIENCE IS CLEAR ON PASSIVE LEARNING AND WE LISTEN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOTUS & IVY PODS IS A SUPPLEMENTAL EDUCATION PROGRAM THAT PROVIDES THE HIGHEST QUALITY OF WHOLE CHILD EDUCATION, THROUGH VIRTUAL CLASSES AND PODS, THAT MEETS THE VARYING NEEDS OF HOMESCHOOL FAMILIES ACROSS THE WORLD BY PROVIDING RICH AND TRANSFORMATIVE ACADEMICS, SOCIALIZATION AND COMMUNITY, AND BY INSPIRING INDIVIDUAL PURPOSE FOR ALL OF OUR STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sarah Barrett CEO | OfficerTrustee | 3 | $0 |
Heather Parrish CFO | OfficerTrustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $258,402 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $258,402 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,990 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $12,800 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,238 |
All other expenses | $522 |
Total functional expenses | $258,531 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $0 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $0 |