2025-04-12T09:20:39-05:00 2024-06-30 621093134 JOHNSON MURPHEY & WRIGHT PC 301 NORTH MARKET STREET CHATTANOOGA TN 37405 990 2023-07-01 261533313 IVY ACADEMY INC IVYA 4233057494 8520 DAYTON PIKE SODDY DAISY TN 37379 HOLLY SLATER EXECUTIVE DIRECTOR 4233057494 2025-04-12 1 0 MARIANNE HART GREENE CPA P01217461 4237561170 2023 2025-03-06 01:10:19Z HOLLY SLATER 8520 DAYTON PIKE SODDY DAISY TN 37379 6849898 0 X WWW.IVYACADEMYCHATTANOOGA.COM X 2007 TN PROVIDE A QUALITY EDUCATIONAL PROGRAM TO PREPARE STUDENTS TO POSITIVELY INFLUENCE SOCIETY & NATURE. 9 9 136 300 0 0 346469 286371 5722537 6485536 9241 74866 -294 3125 6077953 6849898 0 0 0 0 3663775 4481565 0 0 0 1653664 2237898 5317439 6719463 760514 130435 8789795 9069555 5859458 6065782 2930337 3003773 THE MISSION OF IVY ACADEMY IS TO PROVIDE A QUALITY EDUCATIONAL PROGRAM WITH AN EMPHASIS ON SCHOLARSHIP, ENVIRONMENTAL STEWARDSHIP, AND VOLUNTEERISM FOR ALL STUDENTS, DESIGNED TO PREPARE THEM TO POSITIVELY INFLUENCE SOCIETY AND NATURE. 0 0 5755595 6488661 PUBLIC CHARTER SCHOOL SERVING GRADES 6-12. 5755595 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 20 0 136 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X HOLLY SLATER 4233057494 8520 DAYTON PIKE SODDY DAISY TN 37379 COL HUGH ENICKS PRESIDENT 1.00 X X 0 0 0 DR PATTI SKATES VICE PRESIDENT 1.00 X X 0 0 0 EVELYN HENDERSON SECRETARY 1.00 X X 0 0 0 STEPHEN THOMAS TREASURER 1.00 X X 0 0 0 DANIEL BASHAM BOARD DIRECTOR 1.00 X 0 0 0 DR DAWN FORD BOARD DIRECTOR 1.00 X 0 0 0 DEAN MOSES BOARD DIRECTOR 1.00 X 0 0 0 LEE H PRICHARD BOARD DIRECTOR 1.00 X 0 0 0 SANDY PRICER BOARD DIRECTOR 1.00 X 0 0 0 HOLLY SLATER EXECUTIVE DIRECTOR 40.00 X 97941 0 0 97941 0 0 0 0 0 0 LAUGHING SPROUTS PO BOX 3573 CHATTANOOGA TN 37404 CATERING & FOOD SUPPLIER 129880 1 96058 24953 165360 286371 TISA FUNDING & COUNTY 611110 5452128 5452128 FEDERAL & STATE OPERAT 611110 826425 826425 ACTIVITY INCOME 611110 108168 108168 FOOD PROGRAM 611110 48904 48904 APPAREL AND OTHER SALE 611110 25638 25638 24273 24273 6485536 17866 17866 57000 0 57000 57000 57000 0 24953 0 0 MISCELLANEOUS 611110 3125 3125 3125 6849898 6488661 0 74866 102223 102223 3570582 3210551 360031 267556 267556 268275 268275 272929 272929 12350 12350 63778 63778 355197 264160 91037 14048 14048 70308 70308 115868 115868 334797 334797 4046 4046 26945 26945 208186 208186 255682 255682 65626 65626 SUPPLIES & EQUIPMENT 307295 307185 110 FOOD EXPENSE 152188 148448 3740 ACTIVITIES & SUMMER CAM 145546 145546 DUES 52908 52908 53130 31384 21746 6719463 5755595 963868 0 404987 211508 511139 543312 62437 25000 25000 8236312 1173309 6676985 7063003 48375 37625 1123309 1126670 8789795 9069555 564901 587270 5168500 5385628 126057 92884 5859458 6065782 X 2281452 2263834 648885 739939 2930337 3003773 8789795 9069555 X 130435 -56999 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 381587 381587 7461611 969314 6492297 91611 50340 41271 231203 145626 85577 70300 8029 62271 7063003 NET PENSION ASSET 430418 DEFERRED OUTFLOWS RELATED TO PENSIONS 520251 STABILIZATION RESERVE TRUST 176001 1126670 NET PENSION LIABILITY 16222 DEFERRED INFLOWS RELATED TO PENSIONS 76662 92884 X 6849898 0 6849898 0 6849898 6719463 0 6719463 0 6719463 PART X, LINE 2: THE ENTITY ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITION BASED ON A MORE LIKELY THAN NOT THRESHOLD OF THE RECOGNITION OF THE TAX POSITION BEING SUSTAINED BASED ON THE MERITS OF THE POSITION UNDER EXAMINATION BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION IS DEEMED TO BE UNCERTAIN, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A PROBABILITY ASSESSMENT. TAX POSITIONS INCLUDE, BUT ARE NOT LIMITED TO, THE TAX-EXEMPT STATUS AND DETERMINATION OF WHETHER INCOME IS SUBJECT TO UNRELATED BUSINESS INCOME TAX. THERE WERE NO UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN THE FINANCIAL STATEMENTS AT YEAR-END. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE ACADEMY IS A PUBLIC CHARTER SCHOOL AND ITS RACIALLY NONDISCRIMINATORY POLICY IS MADE KNOWN DURING REGISTRATION. SCHEDULE E, PART I, LINE 6 THE ACADEMY IS A PUBLIC CHARTER SCHOOL AND RECEIVES PER-PUPIL FUNDING FROM THE HAMILTON COUNTY, TN DEPARTMENT OF EDUCATION. IT ALSO RECEIVES TENNESSEE INVESTMENT IN STUDENT ACHIEVEMENT (TISA) INCOME AND VARIOUS FEDERAL AND STATE GRANT FUNDS. SCHEDULE E, LINE 7 AS A PUBLIC CHARTER SCHOOL SUBJECT TO OPEN ENROLLMENT, THE SCHOOL IS NOT REQUIRED TO MEET THE SPECIFIC GUIDELINES AS SET FORTH IN REV.PROC. 75-50. RUNNING WITH SASQUATCH 15055 15055 APEX 9898 9898 24953 24953 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM. IT IS THEN REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD, WHICH THEN RECOMMENDS TO THE BOARD FOR ACCEPTANCE AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C ELECTED BOARD MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY BEFORE BECOMING A MEMBER OF THE BOARD. THE POLICY IS ADDRESSED TO THE BOARD ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 THE SALARY OF THE BUSINESS HEAD OF THE SCHOOL (EXECUTIVE DIRECTOR) IS DETERMINED THROUGH A VETTING, COMPARISON OF SALARIES WITH OTHER HEADS OF CHARTER SCHOOLS IN THE STATE, BOARD MOTIONS, AND VOTES. BOARD MEMBERS ARE NOT COMPENSATED. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS OPEN TO PUBLIC INSPECTION ARE AVAILABLE UPON WRITTEN REQUEST THROUGH THE OFFICE AND AT THE COMPTROLLER SITE. FORM 990, PART XI, LINE 9: SALE OF ASSET -56,999. FORM 990, PART XII, LINE 2C THE PROCESS OF SELECTING AN INDEPENDENT AUDITOR AND OVERSEEING THE AUDIT HAS NOT CHANGED FROM THE PRIOR YEAR.