Nonprofit · EIN 26-1533313
IVY ACADEMY INC
Tax-exempt · SODDY DAISY, TN 37379
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $7,096,380 | $7,245,101 | -$148,721 | $9,653,578 | $6,798,526 | $2,855,052 |
| June 30, 2024 | 990 | $6,849,898 | $6,719,463 | $130,435 | $9,069,555 | $6,065,782 | $3,003,773 |
| June 30, 2023 | 990 | $6,077,953 | $5,317,439 | $760,514 | $8,789,795 | $5,859,458 | $2,930,337 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $224,554
- of which government grants
- $61,927
- Program service revenue
- $6,824,005
- Investment income
- $27,496
- Net income from fundraising events
- -$4,514
- Other revenue
- $20,325
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $122,242
- Other salaries and wages
- $4,146,157
- Salaries, compensation and benefits (total)
- $5,197,426
- Professional fundraising fees
- $48,000
- Legal fees
- $4,632
- Accounting fees
- $81,137
- Occupancy
- $195,442
- Travel
- $3,122
- Depreciation
- $257,518
- Program services (functional)
- $6,812,462
- Management and general (functional)
- $384,639
- Fundraising (functional)
- $48,000
Balance sheet and other
- Total assets, start of year
- $9,069,555
- Total assets, end of year
- $9,653,578
- Total liabilities, end of year
- $6,798,526
- Net assets, end of year
- $2,855,052
- Land, buildings and equipment
- $7,303,874
- Net assets without donor restrictions
- $2,052,714
- Net assets with donor restrictions
- $802,338
- Gross receipts
- $7,100,894
- Employees
- 137
- Volunteers
- 100
- Year formed
- 2007
- State of legal domicile
- TN
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 |
|---|---|---|---|
| HOLLY SLATER | EXECUTIVE DIRECTOR Officer | 40 | $107,528 |
| COL HUGH ENICKS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| SANDY PRICER | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| EVELYN HENDERSON | SECRETARY Trustee or director, Officer | 1 | $0 |
| STEPHEN THOMAS | TREASURER Trustee or director, Officer | 1 | $0 |
| DANIEL BASHAM | BOARD DIRECTOR Trustee or director | 1 | $0 |
| DR DAWN FORD | BOARD DIRECTOR Trustee or director | 1 | $0 |
| DEAN MOSES | BOARD DIRECTOR Trustee or director | 1 | $0 |
| LEE PRITCHARD | BOARD DIRECTOR Trustee or director | 1 | $0 |
| TYLER YORK | BOARD DIRECTOR Trustee or director | 1 | $0 |
| JOE PRICER | BOARD DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HOLLY SLATER | EXECUTIVE DIRECTOR Officer | 40 | $97,941 |
| COL HUGH ENICKS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| DR PATTI SKATES | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| EVELYN HENDERSON | SECRETARY Trustee or director, Officer | 1 | $0 |
| STEPHEN THOMAS | TREASURER Trustee or director, Officer | 1 | $0 |
| DANIEL BASHAM | BOARD DIRECTOR Trustee or director | 1 | $0 |
| DR DAWN FORD | BOARD DIRECTOR Trustee or director | 1 | $0 |
| DEAN MOSES | BOARD DIRECTOR Trustee or director | 1 | $0 |
| LEE H PRICHARD | BOARD DIRECTOR Trustee or director | 1 | $0 |
| SANDY PRICER | BOARD DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HOLLY SLATER | EXECUTIVE DIRECTOR Officer | 40 | $90,307 |
| DR DARRELL MEECE | PRESIDENT Trustee or director, Officer | 1 | $0 |
| DR PATTI SKATES | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| EVELYN HENDERSON | SECRETARY Trustee or director, Officer | 1 | $0 |
| ETHAN MILLER | TREASURER Trustee or director, Officer | 1 | $0 |
| DANIEL BASHAM | BOARD DIRECTOR Trustee or director | 1 | $0 |
| LEE PRITCHARD | BOARD DIRECTOR Trustee or director | 1 | $0 |
| DR DAWN FORD | BOARD DIRECTOR Trustee or director | 1 | $0 |
| SANDY PRICER | BOARD DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 8520 DAYTON PIKE, SODDY DAISY, TN 37379-4359
- Principal officer (990 for 2024)
- HOLLY SLATER, 8520 DAYTON PIKE, SODDY DAISY, TN 37379
- Signed the 990
- HOLLY SLATER, EXECUTIVE DIRECTOR
- Phone
- (423) 305-7494
- Return prepared by
- JOHNSON MURPHEY & WRIGHT PC
Mission
THE MISSION OF IVY ACADEMY IS TO PROVIDE A QUALITY PROGRAM WITH AN EMPHASIS ON SCHOLARSHIP, ENVIRONMENTAL STEWARDSHIP, AND VOLUNTEERISM FOR ALL STUDENTS, DESIGNED TO PREPARE THEM TO POSITIVELY INFLUENCE SOCIETY AND NATURE.
Program accomplishments
- PUBLIC CHARTER SCHOOL SERVING GRADES 6-12.Expenses $6,812,462 · revenue $6,848,844
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
- 26-1533313
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2008
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $9,653,578
- Income (IRS master file)
- $7,100,894
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $7,096,380 | $7,245,101 | $9,653,578 | XML |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $6,849,898 | $6,719,463 | $9,069,555 | XML |
| 990 | June 2023 | $6,077,953 | $5,317,439 | $8,789,795 | XML |
| 990 | June 2022 | $5,138,549 | $4,905,645 | $8,715,210 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | 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 26-1533313).
Questions about IVY ACADEMY INC
- What is the EIN of IVY ACADEMY INC?
- The employer identification number (EIN) of IVY ACADEMY INC is 26-1533313.
- Is IVY ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to IVY ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does IVY ACADEMY 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 IVY ACADEMY 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 IVY ACADEMY 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 IVY ACADEMY INC?
- The 990 for the year ended June 30, 2025 names HOLLY SLATER.
- Who are the officers and directors of IVY ACADEMY INC?
- The 990 for the year ended June 30, 2025 lists 11 people; 1 received compensation from the organization, the highest $107,528 (HOLLY SLATER, EXECUTIVE DIRECTOR).
- How much revenue does IVY ACADEMY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $7,096,380, expenses of $7,245,101 and total assets of $9,653,578 at year end.
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