Ivy School A Montessori Charter
- Assets
- $7.4m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 59
- Location
- Portland, OR
- Founding
- 05/2007
- Data as of
- 06/2023
- EIN
- 20-4681686
Organization Overview
Ivy School A Montessori Charter is located in Portland, OR. The organization was established in 2007. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2023, Ivy School A Montessori Charter employed 59 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ivy School A Montessori Charter 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 06/2023, Ivy School A Montessori Charter generated $3.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $3.2m during the year ending 06/2023. While expenses have increased by 5.7% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE IVY SCHOOL OFFERS A MONTESSORI EDUCATION TO INSPIRE CHILDREN OF DIVERSE BACKGROUNDS TO BE LIFELONG, INDEPENDENT LEARNERS WHO VALUE RESPONSIBILITY AND EMBODY PEACE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO INSPIRE CHILDREN OF DIVERSE BACKGROUNDS TO BE LIFELONG, INDEPENDENT LEARNERS WHO VALUE RESPONSIBILITY AND EMBODY PEACE. THE IVY SCHOOL IS A STATE-SPONSORED, TUITION-FREE, PUBLIC, MONTESSORI CHARTER SCHOOL, OFFERING CHILDREN IN PRE-K THROUGH 8TH GRADE INNOVATIVE, STATE STANDARDS ALIGNED CURRICULUM AND INSTRUCTION. THE IVY SCHOOL SERVED 278 STUDENTS DURING THE 2022-23 SCHOOL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Livermore Chair | OfficerTrustee | 5 | $0 |
Eric Mcnair Scott Secretary | OfficerTrustee | 5 | $0 |
Paul Clerc Treasurer | OfficerTrustee | 5 | $0 |
Tom Bull Past Chair | OfficerTrustee | 5 | $0 |
Margie Sollinger Board Member | Trustee | 5 | $0 |
Nikki Jones Executive Director | Officer | 40 | $105,774 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,966,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $43,572 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,010,072 |
| Total Program Service Revenue | $280,866 |
| Investment income | $1,131 |
| 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 | $3,292,069 |
| 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. | $131,477 |
| Compensation of current officers, directors, key employees. | $37,229 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,499,950 |
| Pension plan accruals and contributions | $325,287 |
| Other employee benefits | $183,030 |
| Payroll taxes | $162,603 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $45,985 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,976 |
| Advertising and promotion | $4,717 |
| Office expenses | $94,050 |
| Information technology | $40,765 |
| Royalties | $0 |
| Occupancy | $196,020 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,356 |
| Interest | $128,064 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $138,544 |
| Insurance | $18,210 |
| All other expenses | $18,299 |
| Total functional expenses | $3,234,282 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $597,001 |
| Savings and temporary cash investments | $431,192 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $141,637 |
| 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 | $7,638 |
| Net Land, buildings, and equipment | $5,048,897 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,127,435 |
| Total assets | $7,353,800 |
| Accounts payable and accrued expenses | $247,952 |
| Grants payable | $0 |
| Deferred revenue | $15,490 |
| 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 | $3,273,376 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,293,853 |
| Total liabilities | $5,830,671 |
| Net assets without donor restrictions | $1,523,129 |
| 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 | $7,353,800 |