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Nonprofiteer
← IVYMOUNT SCHOOL INC

Form 990 for tax year 2023

Filed by IVYMOUNT SCHOOL INC.

Totals

Total revenue
$20,270,362
Total expenses
$20,699,300
Contributions and grants received
$1,727,917
Grants paid
$0
Program service revenue
$17,518,577
Investment income
$275,284
Other revenue
$748,584
Total assets, end of year
$16,762,967
Total liabilities, end of year
$2,746,162
Net assets or fund balances, end of year
$14,016,805
Program services expenses (Part IX)
$18,884,149
Management and general expenses
$1,219,255
Fundraising expenses
$595,896
Program service expenses (Part III)
$18,884,149

Program services were 91.2% 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.

  • 1d · Related organizations

    $736,773

  • 1e · Government grants (contributions)

    $613,397

  • 1f · All other contributions, gifts and grants

    $377,747

  • 2a · Program service revenue: Tuition

    total $16,671,804 · related or exempt $16,671,804

  • 2b · Program service revenue: Intensive Therapy

    total $846,773 · related or exempt $846,773

  • 3 · Investment income

    total $203,229 · excluded $203,229

  • 7a · Gross sales of assets other than inventory

    securities $11,486,626

  • 7b · Less cost or other basis and sales expenses

    securities $11,414,571

  • 7c · Gain or loss

    securities $72,055

  • 7d · Net gain or loss

    total $72,055 · excluded $72,055

  • 11a · Other revenue: Other Income

    total $748,584 · related or exempt $748,584

  • 11e · Other revenue, total

    $748,584

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $472,650 · program services $445,171 · management and general $12,136 · fundraising $15,343

  • 7 · Other salaries and wages

    total $14,034,863 · program services $13,218,905 · management and general $360,353 · fundraising $455,605

  • 9 · Other employee benefits

    total $1,827,463 · program services $1,672,750 · management and general $108,637 · fundraising $46,076

  • 10 · Payroll taxes

    total $1,177,942 · program services $1,099,630 · management and general $38,311 · fundraising $40,001

  • 11c · Fees: accounting

    total $28,676 · program services $24,894 · management and general $3,782

  • 11f · Fees: investment management

    total $31,310 · management and general $31,310

  • 11g · Fees: other

    total $627,794 · program services $501,857 · management and general $125,937

  • 12 · Advertising and promotion

    total $147,737 · program services $145,496 · management and general $2,241

  • 13 · Office expenses

    total $579,854 · program services $441,521 · management and general $138,273 · fundraising $60

  • 16 · Occupancy

    total $943,888 · program services $723,515 · management and general $220,373

  • 17 · Travel

    total $79,992 · program services $79,970 · management and general $22

  • 19 · Conferences, conventions and meetings

    total $46,690 · management and general $7,879 · fundraising $38,811

  • 22 · Depreciation, depletion and amortization

    total $699,993 · program services $530,440 · management and general $169,553

  • 24a · Other expenses: Other

    total $448 · management and general $448

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $885,005 · end of year $1,106,634

  • 2 · Savings and temporary cash investments

    beginning of year $102,056 · end of year $102,066

  • 3 · Pledges and grants receivable

    beginning of year $1,569,838 · end of year $1,700,381

  • 4 · Accounts receivable

    beginning of year $1,549,741 · end of year $588,124

  • 9 · Prepaid expenses and deferred charges

    beginning of year $146,894 · end of year $143,390

  • 10a · Land, buildings and equipment: cost or other basis

    $15,012,083

  • 10b · Land, buildings and equipment: accumulated depreciation

    $9,256,160

  • 10c · Land, buildings and equipment, net

    beginning of year $6,088,562 · end of year $5,755,923

  • 11 · Investments: publicly traded securities

    beginning of year $7,114,392 · end of year $6,959,437

  • 15 · Other assets

    end of year $407,012

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,623,014 · end of year $916,733

  • 19 · Deferred revenue

    beginning of year $427,246 · end of year $446,031

  • 20 · Tax-exempt bond liabilities

    beginning of year $1,495,949

  • 25 · Other liabilities

    end of year $1,383,398

  • 27 · Net assets without donor restrictions

    beginning of year $12,958,683 · end of year $13,177,278

  • 28 · Net assets with donor restrictions

    beginning of year $951,596 · end of year $839,527

Mission and programs · 2023

Mission

Nonprofit organization that provides educational programs and therapeutic services that invest in the abilities of neurodivergent children and young adults with unique learning needs including special education.??

  • Aspire Secondary Program Ivymount School, a nonprofit special education school, offers the Aspire Secondary program, which provides a diploma track for grades 9-12 and a certificate track for ages 14-21. Students are assigned to classroom models based on their individual learning needs. The school offers individualized, evidence-based services through partnerships with school team members, local education agencies, students, and their families, aiming to help each student achieve their highest level of development.

    Expenses $6,715,945 · Revenue $6,639,135

  • Endeavors School Program - Ivymount School, a nonprofit special education school, offers the Endeavors program which serves students from kindergarten through age 21. They offer educational and intervention services for students with autism and their families, using evidence-based procedures like applied behavior analysis. The program focuses on teaching students to function independently in various settings and prioritizes parent involvement and students quality of life.

    Expenses $5,471,680 · Revenue $5,221,021

  • Elementary - Ivymount School, a nonprofit special education school, provides the Aspire Elementary/Middle program, which serves students from kindergarten through grade 8. Students are assigned to classroom models based on their individual learning needs. The school offers individualized, evidence-based services through partnerships with school team members, local education agencies, students, and their families, aiming to help each student achieve their highest level of development.

    Expenses $4,046,369 · Revenue $4,016,192

  • The Maddux School is a private, general-education day school offering small, structured classes with specialized social and language supports for children in pre-kindergarten through second grade. The goal is to nurture a love of learning by teaching children how to learn. Through individualized and differentiated instruction, Maddux maintains high academic standards while addressing social challenges, learning differences, and self-esteem concerns. Social learning is embedded in all activities throughout the day and across core subjects like math, language arts, and science, as well as specials such as art, music, and technology.

    Expenses $1,888,295 · Revenue $1,547,240

  • Other Services

    Expenses $643,445

  • ProjectSEARCH is a unique one-year school-to-work program designed to help young adults with significant disabilities transition from school to a productive adult life. The program takes place entirely in the workplace, combining classroom instruction, career exploration, and on-the-job training through worksite rotations or internships. It includes extensive training, innovative adaptations, long-term job coaching, and continuous feedback from teachers, job coaches, and employers.

    Expenses $118,415 · Revenue $94,989

As filed on the 2023 return.

Listed in Part VII

  • Susan Holt

    School Director and CEO

    Total calculated
    $183,038
    From this org
    $183,038
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $183,038
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $183,038
  • Lee-Nadine Oppenheim

    Director of Finance & Operati

    Total calculated
    $169,346
    From this org
    $169,346
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $169,346
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $169,346
  • Christina Brodrick

    Director of Organization Mgmt

    Total calculated
    $165,332
    From this org
    $165,332
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $165,332
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $165,332
  • Desmond Lowe

    Director of Building & IT Ser

    Total calculated
    $149,818
    From this org
    $149,818
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Kathryn Quinn

    Program Director

    Total calculated
    $142,049
    From this org
    $142,049
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Amanda Custer

    Dir Staff Services

    Total calculated
    $131,215
    From this org
    $131,215
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Ann Kern

    Director of Speech & Language

    Total calculated
    $129,275
    From this org
    $129,275
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Eugenia Guardia

    Parent Rep

    Total calculated
    $0
    Hours/week
    2
  • Jonathan Penney

    Director

    Total calculated
    $0
    Hours/week
    2
  • Myrna Mulholland

    Director

    Total calculated
    $0
    Hours/week
    2
  • Paula Parsons

    Director

    Total calculated
    $0
    Hours/week
    2
  • Lauren Eskovitz

    Director

    Total calculated
    $0
    Hours/week
    2
  • Andrea Mullins

    Director

    Total calculated
    $0
    Hours/week
    2
  • Dena Patel

    Treasurer

    Total calculated
    $0
    Hours/week
    2
  • Dan Hall

    President

    Total calculated
    $0
    Hours/week
    2

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
22 April 2025
IRS schema version
2023v6.0
Source object
202531129349301333

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