Nonprofit · EIN 20-1832991
THE IVYMOUNT FOUNDATION INC
Tax-exempt · ROCKVILLE, MD 20854
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $685,142 | $1,326,003 | -$640,861 | $8,519,342 | $1,689,214 | $6,830,128 |
| June 30, 2024 | 990 | $1,611,758 | $1,720,639 | -$108,881 | $7,975,033 | $736,250 | $7,238,783 |
| June 30, 2023 | 990 | $746,996 | $868,362 | -$121,366 | $8,341,400 | $1,621,776 | $6,719,624 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $246,017
- Program service revenue
- $0
- Investment income
- $439,125
- Net gain from sales of assets
- $275,785
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $679,311
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $13,775
- Travel
- $16,535
- Program services (functional)
- $679,311
- Management and general (functional)
- $454,663
- Fundraising (functional)
- $192,029
Balance sheet and other
- Total assets, start of year
- $7,975,033
- Total assets, end of year
- $8,519,342
- Total liabilities, end of year
- $1,689,214
- Net assets, end of year
- $6,830,128
- Publicly traded securities
- $8,466,624
- Net assets without donor restrictions
- $4,585,146
- Net assets with donor restrictions
- $2,244,982
- Gross receipts
- $1,899,653
- Employees
- 0
- Volunteers
- 25
- Year formed
- 2004
- State of legal domicile
- MD
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| Susan Holt | CEO Trustee or director, Officer | 2 | $0 | $209,024 |
| Lee-Nadine Oppenheim | Director of Finance & Operations Officer | 2 | $0 | $176,726 |
| Dena Patel | Director Trustee or director | 2 | $0 | $0 |
| Mike Prather | Director Trustee or director | 2 | $0 | $0 |
| Sam Niknia | Director Trustee or director | 2 | $0 | $0 |
| Maristela Monteiro | Director Trustee or director | 2 | $0 | $0 |
| Mat Adler | Director Trustee or director | 2 | $0 | $0 |
| Jack Bienko | Director Trustee or director | 2 | $0 | $0 |
| Ed Clarke | Director Trustee or director | 2 | $0 | $0 |
| Nick Zemil | Director Trustee or director | 2 | $0 | $0 |
| Sean Coakley | Director Trustee or director | 2 | $0 | $0 |
| Eric Lee | Director Trustee or director | 2 | $0 | $0 |
| Myrna Mulholland | Director Trustee or director | 2 | $0 | $0 |
| Gary Aiken | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| Rob Wanerman | President Trustee or director, Officer | 2 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jeff Fischer | Vice President Trustee or director, Officer | 2 | $0 |
| Alex Ratnofsky | Secretary Trustee or director, Officer | 2 | $0 |
990 for the year ended June 30, 2024: 19 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| Susan Holt | CEO Trustee or director, Officer | 2 | $0 | $183,038 |
| Lee-Nadine Oppenheim | Director of Finance & Operati Officer | 2 | $0 | $169,346 |
| Nick Zemil | Director Trustee or director | 2 | $0 | $0 |
| Regina Barry | Director Trustee or director | 2 | $0 | $0 |
| Molly Whalen | Director Trustee or director | 2 | $0 | $0 |
| Myrna Mulholland | Director Trustee or director | 2 | $0 | $0 |
| Alex Ratnofsky | Director Trustee or director | 2 | $0 | $0 |
| Sean Coakley | Director Trustee or director | 2 | $0 | $0 |
| Eric Lee | Director Trustee or director | 2 | $0 | $0 |
| Amy Raskin | Director Trustee or director | 2 | $0 | $0 |
| Sam Niknia | Director Trustee or director | 2 | $0 | $0 |
| Jim Pope | Director Trustee or director | 2 | $0 | $0 |
| Dean Halstead | Director Trustee or director | 2 | $0 | $0 |
| Jack Bienko | Director Trustee or director | 2 | $0 | $0 |
| Mat Adler | Director Trustee or director | 2 | $0 | $0 |
| Bobby Rassuli | Director Trustee or director | 2 | $0 | $0 |
| Gary Aiken | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| Rob Wanerman | President Trustee or director, Officer | 2 | $0 | $0 |
| Jeff Fischer | Vice President Trustee or director, Officer | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 15 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Susan Holt | CEO Trustee or director, Officer | 2 | $0 | $186,137 | $35,759 |
| Lee-Nadine Oppenheim | Director of Finance & Operati Officer | 2 | $0 | $154,441 | $43,206 |
| Laura Duvelius | Chief Development Officer Key employee | 2 | $0 | $70,980 | $7,400 |
| Jack Bienko | Director Trustee or director | 2 | $0 | $0 | $0 |
| Mat Adler | Director Trustee or director | 2 | $0 | $0 | $0 |
| Regina Barry | Director Trustee or director | 2 | $0 | $0 | $0 |
| Matt Weirich | Director Trustee or director | 2 | $0 | $0 | $0 |
| Amy Raskin | Director Trustee or director | 2 | $0 | $0 | $0 |
| Dean Halstead | Director Trustee or director | 2 | $0 | $0 | $0 |
| Katie Bucklew | Director Trustee or director | 2 | $0 | $0 | $0 |
| Jim Pope | Director Trustee or director | 2 | $0 | $0 | $0 |
| Bobby Rassuli | Director Trustee or director | 2 | $0 | $0 | $0 |
| Sam Niknia | Director Trustee or director | 2 | $0 | $0 | $0 |
| Gary Aiken | Treasurer Trustee or director, Officer | 2 | $0 | $0 | $0 |
| Rob Wanerman | President Trustee or director, Officer | 2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 11614 SEVEN LOCKS RD, ROCKVILLE, MD 20854-3261
- In care of
- % LEE-NADINE OPPENHEIM
- Principal officer (990 for 2024)
- Gary Aiken, 11614 Seven Locks Road, Rockville, MD 20854
- Signed the 990
- LEE-NADINE OPPENHEIM, Director of Finance & Operations
- Phone
- (301) 469-0223
- Website
- www.ivymount.org
- Return prepared by
- Mullins PC
Mission
To provide financial support for the development and delivery of educational, therapeutic, and school related programs that serve students and young adults with intellectual and developmental disabilities and unique learning needs in the Washington, DC metropolitan area.
Program accomplishments
- To help develop programs for disabled children and young adults throughout the Washington, DC metropolitan area, by financially supporting educational, therapeutic, and school-related programs for children with developmental disabilities, learning disabilities, behavioral disorders, autism spectrum disorders, communication disorders, and multiple handicaps.Expenses $679,311 · grants $679,311
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 20-1832991
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2005
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B11)
- Assets (IRS master file)
- $8,519,342
- Income (IRS master file)
- $1,899,653
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $685,142 | $1,326,003 | $8,519,342 | XML |
| 990 | June 2024 | $1,611,758 | $1,720,639 | $7,975,033 | XML |
| 990 | June 2023 | $746,996 | $868,362 | $8,341,400 | XML |
| 990 | June 2022 | $1,262,759 | $1,026,341 | $7,467,855 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-1832991).
Questions about THE IVYMOUNT FOUNDATION INC
- What is the EIN of THE IVYMOUNT FOUNDATION INC?
- The employer identification number (EIN) of THE IVYMOUNT FOUNDATION INC is 20-1832991.
- Is THE IVYMOUNT FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to THE IVYMOUNT FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE IVYMOUNT FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE IVYMOUNT FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE IVYMOUNT FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of THE IVYMOUNT FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names Gary Aiken.
- Who are the officers and directors of THE IVYMOUNT FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 17 people; 0 received compensation from the organization.
- How much revenue does THE IVYMOUNT FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $685,142, expenses of $1,326,003 and total assets of $8,519,342 at year end.
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