Ivy Creek Foundation Inc
- Assets
- $891.7k
- Revenue
- $304.5k
- Investments
- $287.6k
- Employees
- 6
- Location
- Charlottesville, VA
- Founding
- 10/1979
- Data as of
- 12/2023
- EIN
- 54-1112932
Organization Overview
Ivy Creek Foundation Inc is located in Charlottesville, VA. The organization was established in 1979. According to its NTEE Classification (C60) the organization is classified as: Environmental Education, under the broad grouping of Environment and related organizations. As of 12/2023, Ivy Creek Foundation Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ivy Creek Foundation 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 12/2023, Ivy Creek Foundation Inc generated $304.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 16.8% each year . All expenses for the organization totaled $212.4k during the year ending 12/2023. While expenses have increased by 12.8% 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
CONNECTING PEOPLE TO THE PAST & PRESENT BY HONORING THE LAND, HISTORY, AND COMMUNITY. TO INSPIRE AND ENGAGE OUR COMMUNITY IN THE STEWARDSHIP OF OUR NATURAL RESOURCES AND OUR RICH AFRICAN AMERICAN CULTURAL HISTORY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE MANAGE A 219-ACRE NATURAL AREA, WHICH INCLUDES AN AFRICAN AMERICAN HISTORIC FARM AND A MODERN EDUCATION BUILDING. THE MANAGEMENT OF THE SITE INCLUDES THE MAINTENANCE OF 7 MILES OF TRAILS, MAKING THE HISTORIC ELEMENTS AVAILABLE TO THE PUBLIC BY OPENING THE BARN AND OFFERING TOURS, AND COORDINATING THE USE OF THE EDUCATION BUILDING BY AREA GROUPS, MANY OF WHOM IN TURN OFFER EDUCATIONAL PROGRAMMING. WE OFFER AN ARRAY OF EDUCATIONAL PROGRAMMING OURSELVES, INCLUDING ENVIRONMENTAL, HISTORICAL, CULTURAL, AND HYBRID (FOR EXAMPLE, A TOUR SHOWING HOW THE HISTORY OF THE FARM AFFECTS THE FOREST SEEN TODAY). EDUCATION IS OFFERED THROUGH PHYSICAL EXHIBITS, TOURS, IN-PERSON PROGRAMS, ZOOM LECTURES, OUR WEBSITE, AND SOCIAL MEDIA, AND IS OFFERED TO AGES RANGING FROM PRESCHOOL-AGE LITTLE NATURALISTS TO ADULTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Erhardt Executive Di | OfficerTrustee | 25 | $42,419 |
Cecil Banks Director End | Trustee | 1 | $0 |
Edward Coates Director/tre | OfficerTrustee | 4 | $0 |
Katlin Dewitt Director | Trustee | 1 | $0 |
Elyse Girard Director | Trustee | 1 | $0 |
Sarita Herman Director/pre | OfficerTrustee | 6 | $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 | $263,343 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $263,343 |
| Total Program Service Revenue | $0 |
| Investment income | $39,944 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,210 |
| 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 | $304,497 |
| 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. | $42,419 |
| Compensation of current officers, directors, key employees. | $10,605 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $99,844 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,883 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,976 |
| 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 | $931 |
| Information technology | $5,967 |
| Royalties | $0 |
| Occupancy | $14,311 |
| 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 | $2,605 |
| All other expenses | $0 |
| Total functional expenses | $212,437 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $94,361 |
| Savings and temporary cash investments | $55,000 |
| 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 | $454,797 |
| Investments—other securities | $287,557 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $891,715 |
| Accounts payable and accrued expenses | $3,344 |
| 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 | $3,344 |
| Net assets without donor restrictions | $594,796 |
| Net assets with donor restrictions | $293,575 |
| 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 | $891,715 |