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Nonprofiteer
← IVYMOUNT SCHOOL INC

Form 990 for tax year 2022

Filed by IVYMOUNT SCHOOL INC.

Totals

Total revenue
$19,305,416
Total expenses
$19,524,930
Contributions and grants received
$1,353,409
Grants paid
$0
Program service revenue
$16,980,655
Investment income
$276,997
Other revenue
$694,355
Total assets, end of year
$17,456,488
Total liabilities, end of year
$3,546,209
Net assets or fund balances, end of year
$13,910,279
Program services expenses (Part IX)
$17,749,132
Management and general expenses
$1,468,957
Fundraising expenses
$306,841
Program service expenses (Part III)
$17,749,132

Program services were 90.9% 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

    $292,239

  • 1e · Government grants (contributions)

    $474,081

  • 1f · All other contributions, gifts and grants

    $587,089

  • 2a · Program service revenue: Tuition

    total $16,108,258 · related or exempt $16,108,258

  • 2b · Program service revenue: Intensive Therapy

    total $872,397 · related or exempt $872,397

  • 3 · Investment income

    total $136,501 · excluded $136,501

  • 7a · Gross sales of assets other than inventory

    securities $9,270,528

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

    securities $9,130,032

  • 7c · Gain or loss

    securities $140,496

  • 7d · Net gain or loss

    total $140,496 · excluded $140,496

  • 11a · Other revenue: Other Income

    total $694,355 · related or exempt $694,355

  • 11e · Other revenue, total

    $694,355

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $587,839 · program services $551,247 · management and general $27,837 · fundraising $8,755

  • 7 · Other salaries and wages

    total $13,133,255 · program services $12,315,739 · management and general $621,917 · fundraising $195,599

  • 9 · Other employee benefits

    total $1,553,619 · program services $1,456,909 · management and general $73,571 · fundraising $23,139

  • 10 · Payroll taxes

    total $1,102,054 · program services $1,033,454 · management and general $52,187 · fundraising $16,413

  • 11c · Fees: accounting

    total $23,975 · program services $14,116 · management and general $8,535 · fundraising $1,324

  • 11f · Fees: investment management

    total $29,529 · management and general $29,529

  • 11g · Fees: other

    total $611,563 · program services $360,074 · management and general $217,721 · fundraising $33,768

  • 12 · Advertising and promotion

    total $175,881 · program services $123,332 · management and general $52,549

  • 13 · Office expenses

    total $622,869 · program services $490,784 · management and general $129,285 · fundraising $2,800

  • 16 · Occupancy

    total $975,394 · program services $761,503 · management and general $191,377 · fundraising $22,514

  • 17 · Travel

    total $84,753 · program services $77,721 · management and general $5,488 · fundraising $1,544

  • 19 · Conferences, conventions and meetings

    total $27,042 · program services $17,406 · management and general $8,651 · fundraising $985

  • 22 · Depreciation, depletion and amortization

    total $591,475 · program services $546,456 · management and general $45,019

  • 24a · Other expenses: Other

    total $5,682 · program services $391 · management and general $5,291

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,436,461 · end of year $885,005

  • 2 · Savings and temporary cash investments

    beginning of year $102,046 · end of year $102,056

  • 3 · Pledges and grants receivable

    beginning of year $312,026 · end of year $1,569,838

  • 4 · Accounts receivable

    beginning of year $1,212,207 · end of year $1,549,741

  • 9 · Prepaid expenses and deferred charges

    beginning of year $116,064 · end of year $146,894

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

    $14,644,730

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

    $8,556,168

  • 10c · Land, buildings and equipment, net

    beginning of year $6,112,205 · end of year $6,088,562

  • 11 · Investments: publicly traded securities

    beginning of year $6,768,586 · end of year $7,114,392

  • 15 · Other assets

    beginning of year $949,486

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,118,654 · end of year $1,623,014

  • 19 · Deferred revenue

    beginning of year $322,396 · end of year $427,246

  • 20 · Tax-exempt bond liabilities

    beginning of year $1,605,605 · end of year $1,495,949

  • 27 · Net assets without donor restrictions

    beginning of year $12,952,166 · end of year $12,958,683

  • 28 · Net assets with donor restrictions

    beginning of year $1,010,260 · end of year $951,596

Mission and programs · 2022

Mission

Non-profit, non-public, co-educational, special education and related services program which serves students with autism spectrum disorder, intellectual disability, multiple disabilities, other health impairment, specific learning disability, and speech or language impairment.

  • Secondary - Ivymounts secondary school offers a diploma track for students in grades 9 through 12 and a certificate track for students ages 14 through 21. Students are assigned to a classroom model based on their individual academic and adaptive needs. Each classroom model is designed based on Ivymount Schools long history of providing individual services based on the needs of the community. To help every student achieve his/her highest level of development, we aim to provide individualized, evidence-based services for each student through a partnership with Ivymount School team members, our local education agencies, our students and their families.

    Expenses $6,692,692 · Revenue $6,604,894

  • Autism - the goal of Ivymounts autism program is to provide students with a structured, language-rich learning environment to learn new skills and decrease interfering behaviors. Established in 1998, the autism program provides educational and intervention services to students with autism and their families. The program uses evidence-based procedures, including applied behavior analysis, which have been empirically demonstrated to be effective in the education and treatment of autism. Students are taught to function independently across multiple settings at school and in their community. Parent involvement and students quality of life are priorities.

    Expenses $5,487,520 · Revenue $5,445,283

  • Elementary - Ivymounts elementary middle school serves students in kindergarten through grade 8. students are assigned to a classroom model based on their individual learning and adaptive needs. our classroom models are designed based on Ivymount Schools long history of providing individualized services based on the needs of the community. To help every student achieve his/her highest level of development, we aim to provide individualized, evidence-based services for each student through a partnership with Ivymount school team members, our local education agencies, our students and their families.

    Expenses $3,917,292 · Revenue $3,924,449

  • The Maddux School is a general-education, private day school approved by the Maryland State Department of Education. The Maddux School provides small, structured classes with specialized social and language supports for young 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 academicstandards while addressing social challenges, learning differences and self-esteem concerns. With our unique social learning curriculum, social opportunities and skill development are embedded in all activities throughout the day and across core subjects including math, language arts and science as well as in specials such as art, music andtechnology.

    Expenses $1,485,292 · Revenue $1,445,620

  • ProjectSEARCH is a unique one-year school-to-work program to help young adults with significant disabilities make successful transitions from school to a productive adult life. ProjectSEARCH occurs entirely in the workplace.Employment immersion facilitates a seamless combination of classroom instruction, career exploration, and on-the-job training and support through worksite rotations or internships. The program model includes an extensive period of training and career exploration, innovative adaptations, long-term job coaching, and continuous feedback from teachers, job coaches, and employers.

    Expenses $103,974 · Revenue $81,279

  • Other Services

    Expenses $62,362

As filed on the 2022 return.

Listed in Part VII

  • Susan Holt

    School Director and CEO

    Total calculated
    $221,896
    From this org
    $186,137
    From related orgs
    $0
    Other
    $35,759
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $186,137
    Bonus
    not reported
    Other
    not reported
    Deferred
    $26,000
    Nontaxable benefits
    $9,759
    Filer's total
    $221,896
  • Lee-Nadine Oppenheim

    Director of Finance & Operati

    Total calculated
    $197,647
    From this org
    $154,441
    From related orgs
    $0
    Other
    $43,206
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $154,441
    Bonus
    not reported
    Other
    not reported
    Deferred
    $27,000
    Nontaxable benefits
    $16,206
    Filer's total
    $197,647
  • Desmond Lowe

    Director of Building & IT Ser

    Total calculated
    $179,413
    From this org
    $158,958
    From related orgs
    $0
    Other
    $20,455
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $158,958
    Bonus
    not reported
    Other
    not reported
    Deferred
    $12,000
    Nontaxable benefits
    $8,455
    Filer's total
    $179,413
  • Ann Kern

    Director of Speech & Language

    Total calculated
    $153,800
    From this org
    $129,550
    From related orgs
    $0
    Other
    $24,250
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $129,550
    Bonus
    not reported
    Other
    not reported
    Deferred
    $23,100
    Nontaxable benefits
    $1,150
    Filer's total
    $153,800
  • Amanda Custer

    Dir Staff Services

    Total calculated
    $150,808
    From this org
    $130,058
    From related orgs
    $0
    Other
    $20,750
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $130,058
    Bonus
    not reported
    Other
    not reported
    Deferred
    $19,500
    Nontaxable benefits
    $1,250
    Filer's total
    $150,808
  • Christina Brodrick

    Director of Organization Mgmt

    Total calculated
    $150,296
    From this org
    $147,896
    From related orgs
    $0
    Other
    $2,400
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $147,896
    Bonus
    not reported
    Other
    not reported
    Deferred
    $2,400
    Nontaxable benefits
    not reported
    Filer's total
    $150,296
  • Jennifer Engel

    Dir Maddux School

    Total calculated
    $144,914
    From this org
    $123,934
    From related orgs
    $0
    Other
    $20,980
    Hours/week
    40
  • Jennifer Kampf

    Program Director

    Total calculated
    $144,346
    From this org
    $116,109
    From related orgs
    $0
    Other
    $28,237
    Hours/week
    40
  • Laura Duvelius

    Chief Development Officer

    Total calculated
    $78,380
    From this org
    $70,980
    From related orgs
    $0
    Other
    $7,400
    Hours/week
    40
  • Andrea Mullins

    Director

    Total calculated
    $66,858
    From this org
    $60,172
    From related orgs
    $0
    Other
    $6,686
    Hours/week
    2
  • Lauren Eskovitz

    Director

    Total calculated
    $0
    Hours/week
    2
  • Paula Parsons

    Director

    Total calculated
    $0
    Hours/week
    2
  • Matt Brady

    Staff Rep

    Total calculated
    $0
    Hours/week
    2
  • Jennifer Berzok

    Parent Rep

    Total calculated
    $0
    Hours/week
    2
  • Myrna Mulholland

    Director

    Total calculated
    $0
    Hours/week
    2
  • Gary Aiken

    Director

    Total calculated
    $0
    Hours/week
    2
  • Dan Hall

    President

    Total calculated
    $0
    Hours/week
    2
  • Jeff Fischer

    Treasurer

    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
2022
Filed
10 May 2024
IRS schema version
2022v5.0
Source object
202401319349303185

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