Ivy Academy Of Early Learning Ii Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 815164418 ✦ Geneva, IL ✦ Designated as a 501(c)(3)

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Overview

What is Ivy Academy Of Early Learning Ii Inc?

Ivy Academy of Early Learning II Inc., located in Geneva, Illinois, is a nonprofit organization committed to providing daycare services. Their mission is to offer high-quality early childhood education and related services, aiming to empower young children by fostering a supportive and educational environment for their optimal growth and development. They consider the individual needs of each student, collaborating with families, staff, and external agencies to create an optimal learning atmosphere. As of the provided information, the organization employs 33 individuals.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 61%, Two-Star out of Four Star rating. The Ivy Academy Of Early Learning Ii Inc has received a mixed evaluation, indicating some accountability and financial management strengths but also significant weaknesses. The overall score of 61% reflects concerns regarding the transparency of financial statements and the absence of key policies such as a whistleblower and document retention policy.

A positive aspect of the organization is the governance structure, which includes a majority of independent board members and a well-sized independent board. This suggests that the organization is likely to benefit from diverse perspectives and oversight. The program expense ratio is strong at 78.16%, indicating that a substantial portion of its resources is allocated to its core mission.

However, critical deficiencies exist, particularly in financial transparency and governance policies. The absence of financial statements and certain required documents on its website could raise concerns among stakeholders regarding fiscal accountability. Overall, while Ivy Academy Of Early Learning Ii Inc demonstrates some organizational strengths, significant improvements in transparency and policy adherence are necessary for a better evaluation.


This AI summary has been generated from information found on Charity Navigator.

Is Ivy Academy Of Early Learning Ii Inc legitimate?

Ivy Academy Of Early Learning Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ivy Academy Of Early Learning Ii Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $308,378
Professional Fundraising Fees: $0
Other Salaries and Wages: $510,477

For more financial information, click here

What is the mission statement of Ivy Academy Of Early Learning Ii Inc?

Ivy Academy of Early Learning II Inc's mission is centered around providing high-quality early childhood education and related services. The organization strives to empower young children by offering family-friendly support and education. Their goal is to create an optimal environment for each student's growth and development, working closely with families, staff, and outside agencies. They aim to consider each child's unique needs, fostering an all-encompassing learning experience.

What is the revenue of Ivy Academy Of Early Learning Ii Inc?

Ivy Academy Of Early Learning Ii Inc's revenue in 2023 was $1,239,893.

Who are the executives of Ivy Academy Of Early Learning Ii Inc and what are their salaries?

The average compensation at Ivy Academy Of Early Learning Ii Inc during 2023 was $21,549. There are 38 employees and 3 volunteers at Ivy Academy Of Early Learning Ii Inc.

Here are 7 key members and their salaries:


Amy Hitchinson (President)
  • Compensation: $129,806
  • Related: $271,904
  • Other: $11,534
Joshua Harris (Treasurer)
  • Compensation: $132,291
  • Related: $236,358
  • Other: $5,824
Judy Feinglass (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Larson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Wasem (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julia Flores (Chief Administrative Officer)
  • Compensation: $35,299
  • Related: $48,274
  • Other: $1,409
Lorena Delgado (Associate Executive Director)
  • Compensation: $10,983
  • Related: $62,334
  • Other: $6,158
Where can I find the form 990 for Ivy Academy Of Early Learning Ii Inc?

Ivy Academy Of Early Learning Ii Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Ivy Academy Of Early Learning Ii Inc

Ivy Academy of Early Learning II Inc is dedicated to providing high-quality early childhood education and related services. Their mission is to empower young children by offering family-friendly support and education. The organization strives to create an optimal learning environment for each student, collaborating with families, staff, and external agencies to consider each child's unique needs. By doing so, Ivy Academy of Early Learning II Inc aims to foster the growth and development of every student in their care.

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Impact




July, 2024

Ivy Academy Of Early Learning II Inc's impact can be seen in the empowerment of young children through quality early childhood education and family-friendly support. By providing daycare services that cater to each student's individual needs and collaborating with families, staff, and external agencies, Ivy Academy creates an environment that fosters the optimum growth and development of the children in its care. Through their mission to empower young children and provide high-quality education, Ivy Academy Of Early Learning II Inc positively impacts the lives of the children and families in Geneva, IL.




This information is meant to be a general summary of Ivy Academy Of Early Learning Ii Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,239,893 (2023)
Expenses
$1,257,904 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $2,349
  • Program Service Revenue: $1,093,403
  • Gross Receipts: $1,273,456

Assets and Liabilities:

  • Total Assets: $256,691
  • Total Liabilities: $161,660
  • Net Assets: $95,031

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DAYCARE SERVICES

Revenue

$1,093,403

Organization Details

Founding Year

2019

Principal Officer

Amy Hitchinson

NTEE Category

Code: P33 - Human services

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