Ivas Place
- Assets
- $1.6m
- Revenue
- $414.5k
- Investments
- $0.0
- Employees
- 14
- Location
- Lenoir City, TN
- Founding
- 11/2006
- Data as of
- 06/2024
- EIN
- 20-4070074
Organization Overview
Ivas Place is located in Lenoir City, TN. The organization was established in 2006. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. As of 06/2024, Ivas Place employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ivas Place 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, Ivas Place generated $414.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $489.2k during the year ending 06/2024. While expenses have increased by 6.4% per year over the past 8 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
AID TO WOMEN AND CHILDREN WHO ARE VICTIMS OF DOMESTIC VIOLANCE
Describe the Organization's Program Activity:
Part 3 - Line 4a
AID TO WOMEN AND CHILDREN WHO ARE VICTIMS OF DOMESTIC VIOLENCE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Henry Board Member | Trustee | 1 | $0 |
Diane Powell Board Member | Trustee | 1 | $0 |
Pam Rice Board Member | Trustee | 1 | $0 |
Susan White Board Member | Trustee | 1 | $0 |
Karyn Goins Chair | OfficerTrustee | 1 | $0 |
Joanna Richardson Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $171,681 |
| All other contributions, gifts, grants, and similar amounts not included above | $184,829 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $356,510 |
| Total Program Service Revenue | $0 |
| Investment income | $38,365 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $19,575 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $414,450 |
| 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. | $39,787 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $216,373 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $19,504 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,157 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $37,709 |
| Travel | $623 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $24,051 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $36,677 |
| Insurance | $11,147 |
| All other expenses | $10,095 |
| Total functional expenses | $489,152 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $719,952 |
| Savings and temporary cash investments | $15,009 |
| Pledges and grants receivable | $13,115 |
| 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 | $1,764 |
| Net Land, buildings, and equipment | $833,431 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,583,271 |
| Accounts payable and accrued expenses | $2,669 |
| 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 | $595,257 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $11,124 |
| Total liabilities | $609,050 |
| 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 | $455,506 |
| Total liabilities and net assets/fund balances | $1,583,271 |