Form 990 for tax year 2024
Filed by IVY CENTER OF HUNTSVILLE MADISON COUNTY FOUNDATION INC.
Totals
- Total revenue
- $85,020
- Total expenses
- $102,109
- Contributions and grants received
- $58,668
- Grants paid
- $13,750
- Program service revenue
- $0
- Investment income
- $15,170
- Other revenue
- $11,182
- Total assets, end of year
- $699,798
- Total liabilities, end of year
- $101,197
- Net assets or fund balances, end of year
- $598,601
- Program services expenses (Part IX)
- $13,996
- Management and general expenses
- $88,113
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $24,438
Program services were 13.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$1,829
-
1b · Membership dues
$7,212
-
1c · Fundraising events
$31,377
-
1e · Government grants (contributions)
$10,000
-
1f · All other contributions, gifts and grants
$8,250
-
3 · Investment income
total $15,170 · related or exempt $15,170
-
6a · Gross rents
real property $12,660
-
6b · Less rental expenses
real property $1,478
-
6c · Rental income or loss
real property $11,182
-
6d · Net rental income or loss
total $11,182
-
8c · Net income from fundraising events
total $0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $8,750 · program services $8,750
-
2 · Grants to domestic individuals
total $5,000 · program services $5,000
-
4 · Benefits paid to or for members
total $246 · program services $246
-
11c · Fees: accounting
total $2,717 · management and general $2,717
-
11f · Fees: investment management
total $47,215 · management and general $47,215
-
11g · Fees: other
total $36,801 · management and general $36,801
-
12 · Advertising and promotion
total $380 · management and general $380
-
13 · Office expenses
total $849 · management and general $849
-
20 · Interest
total $151 · management and general $151
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $63,287 · end of year $62,839
-
7 · Other notes and loans receivable
beginning of year $287,545 · end of year $287,545
-
10a · Land, buildings and equipment: cost or other basis
$287,545
-
10c · Land, buildings and equipment, net
beginning of year $287,545 · end of year $287,545
-
13 · Investments: program-related
beginning of year $61,421 · end of year $61,869
-
17 · Accounts payable and accrued expenses
beginning of year -$1,374 · end of year $87,697
-
22 · Loans and payables to officers and key people
beginning of year $61,421 · end of year $13,500
-
25 · Other liabilities
beginning of year $41,150
-
27 · Net assets without donor restrictions
beginning of year $598,601 · end of year $598,601
Mission and programs · 2024
Mission
ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, EDUCATIONAL, AND SCIENTIFID PURPOSES FOR MAKING A CONTRIBUTION TO ORGANIZATIONS THAT Q QUALIFY AS EXEMPT ORGANIZATION ON 501 (C) (3). PROMOTE EDUCATION
Activities or mission (Part I)
ORGANIZED EXCLUSIVELY FOR CHARITABLE RELIGIOUS EDUCATIONAL AND SCIENTIFIC PURPOSES FOR MAKING CONTRIBUTIONS TO ORGANIZATIONS
-
WHITE LINEN BRUNCH EXPENSES FOR SCHOLARSHIPS AND GRANTS
Expenses $24,438
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jeanette JonesJEANETTE JONES
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0
-
Vanessea WilliamsVANESSEA WILLIAMS
VICE PRESIDENTMEMBCH
- Total calculated
- $0
- Hours/week
- 0
-
Carmella GoreeCARMELLA GOREE
RECORDING SECRETARY
- Total calculated
- $0
- Hours/week
- 0
-
Felicia WilsonFELICIA WILSON
CORRESPONDING SECRETAR
- Total calculated
- $0
- Hours/week
- 0
-
Sylvia S FlakesSYLVIA S FLAKES
ASST FINANCIAL SEC
- Total calculated
- $0
- Hours/week
- 0
-
Felicia JonesFELICIA JONES
TREASURER
- Total calculated
- $0
- Hours/week
- 0
-
Evelyn PennEVELYN PENN
CHAPLAIN
- Total calculated
- $0
- Hours/week
- 0
-
Mattie D ThomasMATTIE D THOMAS
PARLIAMENTARIAN
- Total calculated
- $0
- Hours/week
- 0
-
Benita Martin-DwightBENITA MARTIN-DWIGHT
GOVERNANCE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 0
-
Cheryl M DavisCHERYL M DAVIS
ARCHIVIST
- Total calculated
- $0
- Hours/week
- 0
-
Alice SamsALICE SAMS
GRANTS PROGRAM COM CHA
- Total calculated
- $0
- Hours/week
- 0
-
Sonya Davis-DillardSONYA DAVIS-DILLARD
COMBINED FED CAMP CHA
- Total calculated
- $0
- Hours/week
- 0
-
Cynthia SmithCYNTHIA SMITH
UNITED WAY COORDINATOR
- Total calculated
- $0
- Hours/week
- 0
-
Lorraine LacyLORRAINE LACY
MEDIA SPECIALISTPUBLI
- Total calculated
- $0
- Hours/week
- 0
-
Lenora BaytopLENORA BAYTOP
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Lettye BoydLETTYE BOYD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Sharon ButlerSHARON BUTLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Tonya DavisTONYA DAVIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Yevette EvansYEVETTE EVANS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Kenitra FewellKENITRA FEWELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Vivian Aboko-Cole HicksVIVIAN ABOKO-COLE HICKS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Abbiegail HugineABBIEGAIL HUGINE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Venita KingVENITA KING
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Jacqueline MartinJACQUELINE MARTIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Cynthia McCraryCYNTHIA MCCRARY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Doris McShannDORIS MCSHANN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Edna Lee PhillipsEDNA LEE PHILLIPS
FINANCIAL SECRETARY
- Total calculated
- $0
- Hours/week
- 0
-
Natalie SteeleNATALIE STEELE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Madelyn SuttleMADELYN SUTTLE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Tonya WoodTONYA WOOD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Karen BarnesKAREN BARNES
NEWSLETTER CHAIRMAN
- Total calculated
- $0
- Hours/week
- 0
-
Laraunce A FlemingLARAUNCE A FLEMING
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$1,000
-
$1,000
-
$1,000
-
$1,000
-
OPERTION MAKING A DIFFEREN
$500
-
ALABAMA ASSOCIATION FOR TH
$500
-
SECOND CHANGE DELIVERANCE
$500
-
VALLEY ARTS & ENTERTAINMEN
$500
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 May 2025
- IRS schema version
- 2024v5.1
- Source object
- 202521339349309022
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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