Ivy Creek Foundation Inc is a 501(c)(3) organization based in Charlottesvle, Virginia, registered in 1979, with $323,113 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$323K
▲ 6.1% vs prior year
Environment median: $250K
Expenses (FY2024)
$288K
Net assets
$948K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Ivy Creek Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Ivy Creek Foundation Inc: 40 mo reserves · +11% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Ivy Creek Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Ivy Creek Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $88K (FY2016) to $323K (FY2024) across 9 reported years.
Financial snapshot
Operating margin
11.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$950K
Total liabilities
$2,430
Net assets
$948K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $323,113▲6.1% | $287,620▲35.4% | $948,021▲6.7% | $950,451▲6.6% | 990 |
| 2023 | $304,497▲80.7% | $212,437▲34.5% | $888,371▲20.3% | $891,715▲20.4% | 990 |
| 2022 | $168,492▲0.8% | $157,944▲20.1% | $738,297▼14.7% | $740,806▼14.6% | 990 |
| 2021 | $167,112▲24.4% | $131,471▲18.4% | $865,984▲14.7% | $867,765▲14.6% | 990 |
| 2020 | $134,372▲65.9% | $111,040▲29.9% | $755,274▲13.8% | $756,884▲13.8% | 990 |
| 2019 | $81,008▼21.4% | $85,491▼13.5% | $663,429▲19.5% | $664,905▲19.7% | 990 |
| 2018 | $103,012▲9.8% | $98,856▲7.1% | $555,350▼4.4% | $555,571▼4.7% | 990 |
| 2017 | $93,795▲6.8% | $92,286▲13.5% | $581,010▲11.7% | $582,807▲11.8% | 990 |
| 2016 | $87,820 | $81,296 | $520,086 | $521,319 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
12 grants to Ivy Creek Foundation Inc totaling $88K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $11,150 |
| Charlottesville Area Community Foundation | General purposes fall 2022 | 2022 | $20,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $15,675 |
| National Trust For Historic Preservation In the United States | Historic preservation | 2021 | $7,500 |
| Charlottesville Area Community Foundation | Improvements | 2018 | $7,500 |
| Charlottesville Area Community Foundation | General purposes | 2018 | $3,271 |
| Charlottesville Area Community Foundation | Unrestricted use | 2018 | $2,000 |
| Charlottesville Area Community Foundation | General operating expenses | 2018 | $500 |
| Charlottesville Area Community Foundation | General purpose | 2018 | $250 |
| Charlottesville Area Community Foundation | General purposes | 2018 | $200 |
| Charlottesville Area Community Foundation | General fund | 2018 | $200 |
| Charlottesville Area Community Foundation | The voices of nature program | 2016 | $19,752 |
Explore more
Data for Ivy Creek Foundation Inc (EIN 54-1112932) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.