Ivy Foundation Suffolk-Nassau Counties Inc
- Assets
- $98.4k
- Revenue
- $25.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Hicksville, NY
- Founding
- 12/2000
- Data as of
- 12/2021
- EIN
- 11-3551213
Organization Overview
Ivy Foundation Suffolk-Nassau Counties Inc is located in Hicksville, NY. The organization was established in 2000. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Ivy Foundation Suffolk-Nassau Counties 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 Foundation Suffolk-Nassau Counties Inc generated $25.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (16.1%) each year. All expenses for the organization totaled $22.9k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE IVY FOUNDATION OF SUFFOLK/NASSAU COUNTIES INC. (IFSNC), IS A 501(C)(3) ORGANIZATION INCORPORATED AS THE PHILANTHROPIC ARM OF THE THETA IOTA OMEGA CHAPTER OF ALPHA KAPPA ALPHA SORORITY, INCORPORATED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ARTS PANORAMA IS AN ANNUAL SIGNATURE PROGRAM THAT SHOWCASES LOCAL ART AND MUSIC OF TALENTED YOUTH IN THE LOCAL COMMUNITY. IN THIS PROGRAM, THE CULTURE AND ART OF THE AFRICAN-AMERICAN COMMUNITY AS WELL AS THE LONG ISLAND COMMUNITY IS PRESENTED WHERE BOTH ACADEMIC SCHOLARSHIPS AND PRIZES FOR TALENT ARE AWARDED. SINCE 1980, THE GREATEST LOVE COTILLION IS OUT SIGNATURE BIENNIAL FUNDRAISER. THIS EVENT SUPPORTS OUR PROGRAMS AND ACADEMIC SCHOLARSHIPS.
ALPHA KAPPA ALPHA SORORITY, INCORPORATED IS DEDICATED TO IMPLEMENTING PROGRAMS OF SERVICE THAT ENHANCE THE SOCIAL, ECONOMIC AND EDUCATIONAL WELL-BEING OF THE LOCAL, NATIONAL AND INTERNATIONAL COMMUNITIES. PROGRAMS REMAIN THE HEART OF AKA. THE SIZE AND SCOPE OF SERVICES PROVIDED TO OUR COMMUNITIES HAVE GROWN AND SIGNIFICANTLY IMPOVE THE QUALITY OF LIFE FOR ALL WHO RESIDE WIHTIN OUR SERVICE AREAS.
THE 2018-2022 INTERNATIONAL PROGRAM TARGETS ARE: TARGET 1: HBCU FOR LIFE: A CALL TO ACTION; TARGET 2: WOMENS HEALTHCARE AND WELLNESS; TARGET 3: BUILDING YOUR ECONOMIC LEGACY; TARGET 4: THE ARTS!; AND, TARGET 5: GLOBAL IMPACT. IN ADDITION TO THE FIVE PROGRAM TARGETS, THE SIGNATURE PROGRAM IS CAP(SM) WHICH IS THE ABBREVIATION FOR COLLEGE ADMISSIONS PROCESS. IT IS DESIGNED TO ASSIST STUDENTS IN THEIR EFFORTS TO ENTER COLLEGE BY PROVIDING A HANDS-ON APPROACH THAT INCLUDES ALL THE STEPS FROM RESEARCHING VARIOUS COLLEGES TO ACTUALLY COMPLETING THE APPLICATION PROCESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leah E Watson Vice Chairman | Officer | 0 | $0 |
Chanda Smart Smith Chairman | Officer | 0 | $0 |
Elaine C Moorer Secretary | Officer | 0 | $0 |
Nicole Alamu Treasurer | Officer | 0 | $0 |
Jasmine Brown Secretary | Officer | 0 | $0 |
Benita Kinard Parliamentarian | Trustee | 0 | $0 |
Financial Statements
| 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 | $25,256 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,256 |
| Total Program Service Revenue | $0 |
| Investment income | $7 |
| 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 | $25,263 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $18,125 |
| 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 | $775 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,597 |
| Advertising and promotion | $0 |
| Office expenses | $1,294 |
| Information technology | $312 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $797 |
| All other expenses | $0 |
| Total functional expenses | $22,900 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $72,921 |
| Savings and temporary cash investments | $17,511 |
| Pledges and grants receivable | $8,000 |
| 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 | $98,432 |
| 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 | $98,432 |
| Total liabilities and net assets/fund balances | $98,432 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ivy Foundation Suffolk-Nassau Counties Inc has recieved totaling $129.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $129 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Vermont Student Development Fund Inc Winooski, VT | $17,468,961 | $10,359,436 |
Institute For Citizens And Scholars Princeton, NJ | $17,317,706 | $10,248,308 |
The Teagle Foundation Incorporated New York, NY | $172,379,349 | $12,655,674 |
Jackie Robinson Foundation Inc New York, NY | $30,161,175 | $8,662,334 |
The Cape Cod Community College Educational Foundation Inc West Barnstable, MA | $15,428,827 | $3,042,413 |
Cape Cod Foundation Inc South Yarmouth, MA | $88,834,376 | $21,531,654 |
Gilder Lehrman Institute Of American History New York, NY | $67,600,972 | $8,993,543 |
Siemens Foundation Iselin, NJ | $75,710,306 | $10,400,455 |
Uaspire Inc Boston, MA | $8,161,176 | $8,929,537 |
Target Als Foundation Inc New York, NY | $26,527,264 | $6,977,665 |
Pursuit Transformation Company Inc Long Island City, NY | $13,294,970 | $6,856,404 |
Firemens Association Of The State New York Foundation Inc Albany, NY | $161,398,482 | $10,617,589 |