Ivymax Foundation - Ivy Club Usa
- Assets
- $421.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Irvine, CA
- Founding
- 08/2014
- Data as of
- 12/2021
- EIN
- 46-3622198
Organization Overview
Ivymax Foundation - Ivy Club Usa is located in Irvine, CA. The organization was established in 2014. According to its NTEE Classification (Q21) the organization is classified as: International Cultural Exchange, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ivymax Foundation - Ivy Club USA 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, Ivymax Foundation - Ivy Club USA generated $187.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $32.2k during the year ending 12/2021. While expenses have increased by 4.2% per year over the past 7 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yibizhang Director | 3 | $0 | |
Lihua Wang Secretary | 5 | $0 | |
Liang Peng Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $171,953 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $15,100 |
| Total Revenue | $187,053 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,163 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,641 |
| Other expenses | $28,414 |
| Total expenses | $32,218 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $421,875 |
| Other assets | $0 |
| Total assets | $421,875 |
| Total liabilities | $0 |
| Net assets or fund balances | $421,875 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ivymax Foundation - Ivy Club Usa has recieved totaling $250,000.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $250,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
India Community Center Inc Milpitas, CA | $9,157,974 | $4,442,272 |
Netfreedom Pioneers Marina Del Rey, CA | $110,658 | $2,497,553 |
Pacific American Foundation Kaneohe, HI | $2,150,270 | $2,183,484 |
Playing For Change Foundation Santa Monica, CA | $1,030,554 | $1,870,331 |
Boys & Girls Clubs Of Stanislaus County Inc Modesto, CA | $1,125,657 | $1,334,449 |
Apex Social San Clemente, CA | $1,135,098 | $1,016,198 |
Civic Leadership Usa San Mateo, CA | $148,622 | $1,659,165 |
Israel-America Academic Exchange Beverly Hills, CA | $2,379,863 | $1,081,373 |
Creative Armenia Los Angeles, CA | $356,973 | $720,785 |
Korean American Education Foundation Inc Los Angeles, CA | $3,242,762 | $526,257 |
Borderlinks Tucson, AZ | $604,759 | $422,200 |
Camp Lightbulb Incorporated Los Angeles, CA | $95,961 | $405,194 |