Nonprofit · EIN 31-0962055
IVY ENDOWMENT INC
Also known as ALPHA MU OMEGA CHAPTER
Tax-exempt · INDIANAPOLIS, IN 46208
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $468,671 | $375,366 | $93,305 | $745,559 | $0 | $745,559 |
| December 31, 2023 | 990 | $357,425 | $287,148 | $70,277 | $639,920 | $0 | $639,920 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $428,439
- Program service revenue
- $22,569
- Investment income
- $34
- Net income from fundraising events
- $17,629
- Other revenue
- $17,629
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,155
- Program services (functional)
- $369,411
- Management and general (functional)
- $5,955
Balance sheet and other
- Total assets, start of year
- $639,920
- Total assets, end of year
- $745,559
- Total liabilities, end of year
- $0
- Net assets, end of year
- $745,559
- Publicly traded securities
- $241,105
- Gross receipts
- $470,171
- Employees
- 0
- Year formed
- 1979
- State of legal domicile
- IN
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Hopes Jones | Assistant Secretary Officer | 2 | $0 |
| Jarnell Burks Craig | President Officer | 2 | $0 |
| Dr DaWana Stubbs | Secretary Officer | 2 | $0 |
| Marie Rahman | Historian Officer | 1 | $0 |
| Dorothy Crenshaw | Chaplain Officer | 1 | $0 |
| Dawn Hughes | Treasurer Officer | 1 | $0 |
| Neva Martin | Financial Secretary Officer | 1 | $0 |
| Charlotte Talley | Historian Officer | 1 | $0 |
| W Diane Cargile | 1st Vice President Officer | 1 | $0 |
| Dr Kelly Williams | 2nd Vice President Officer | 1 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Katasha Butler | President Trustee or director, Officer | 2 | $0 |
| Carmen Jones | Treasurer Trustee or director, Officer | 2 | $0 |
| Nichole Wilson | 2nd Vice President Trustee or director | 1 | $0 |
| Kimberly Morgan | Parliamentarian Officer | 2 | $0 |
| Jarnell Burks Craig | Secretary Officer | 2 | $0 |
| Angela Whitney | Financial Secretary Officer | 2 | $0 |
| Marie Rahman | Historian Officer | 1 | $0 |
| Dorothy Crenshaw | Chaplain Officer | 1 | $0 |
| Dawn Hughes | Treasurer Officer | 1 | $0 |
| Neva Martin | Assistant Secretary Officer | 1 | $0 |
| Charlotte Talley | Historian Officer | 1 | $0 |
| W Diane Cargile | 1st Vice President Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 88474, INDIANAPOLIS, IN 46208-0474
- Principal officer (990 for 2024)
- Carmen K Jones, PO Box 88474, Indianapolis, IN 46208
- Signed the 990
- Carmen K Jones, Treasurer
- Phone
- (317) 499-4652
- Website
- WWW.IVYENDOWMENT.COM
- Return prepared by
- Jaya A Naiken CPA LLC
Mission
To support youth and communities in Central Indiana through granting of scholarships and by providing programs that serve to improve their quality of life.
Program accomplishments
- The Debutante Cotillion and scholarship program was developed to equip, encourage and stimulate young ladies to pursue higher education, excellence, personal development and civil involvement. Participants are awarded scholarships upon completion of the program. Sholarships were awarded to deserving young ladies to attend or continue pursuing their educations.Expenses $369,411
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 31-0962055
- 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
- 1979
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B83Z)
- Assets (IRS master file)
- $745,559
- Income (IRS master file)
- $470,171
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $468,671 | $375,366 | $745,559 | XML |
| 990 | December 2023 | $357,425 | $287,148 | $639,920 | XML |
| 990 | December 2022 | $137,639 | $107,481 | $569,643 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 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 31-0962055).
Questions about IVY ENDOWMENT INC
- What is the EIN of IVY ENDOWMENT INC?
- The employer identification number (EIN) of IVY ENDOWMENT INC is 31-0962055.
- Is IVY ENDOWMENT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
- Are donations to IVY ENDOWMENT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does IVY ENDOWMENT 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 ENDOWMENT INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did IVY ENDOWMENT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of IVY ENDOWMENT INC?
- The 990 for the year ended December 31, 2024 names Carmen K Jones.
- Who are the officers and directors of IVY ENDOWMENT INC?
- The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
- How much revenue does IVY ENDOWMENT INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $468,671, expenses of $375,366 and total assets of $745,559 at year end.
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