IVY HILL PREPARATORY CHARTER SCHOOL Charity Report

Public IRS 990 nonprofit record

IVY HILL PREPARATORY CHARTER SCHOOL

EIN 83-1178507 · Charter Schools (B29)

What they do

THROUGH HIGH-QUALITY CURRICULUM and INSTRUCTION, INTENTIONAL LEADERSHIP DEVELOPMENT, and A COMMITMENT to EXCELLENCE IN ALL THAT WE DO, IVY HILL PREPARATORY CHARTER SCHOOL EDUCATES KINDERGARTEN THROUGH FIFTH GRADE SCHOLARS to THRIVE IN MIDDLE and HIGH SCHOOL, GRADUATE FROM THE COLLEGE of THEIR CHOICE, and ACCESS LIVES of PURPOSE and OPPORTUNITY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $91.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders11 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

103.07%of revenue went to mission work91.5% of expenses · Program services

0.19%of revenue went to fundraising0.2% of expenses

$112.64spent for every $100 of revenueSpending was higher than revenue this year.

9.37%of revenue went to management and office costs8.3% of expenses

$1.33in assets for every $1 spent this yearSome assets cannot be spent right away.

15.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $949,765 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $171,717 for ANNEDREA COLEMAN (HEAD OF SCHOOL). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$7,516,601

Mission workProgram services$7,747,448103.07% of revenue91.5% of expenses

ManagementOffice and general costs$704,6079.37% of revenue8.3% of expenses

FundraisingAsking for donations$14,3110.19% of revenue0.2% of expenses

Total expenses$8,466,366112.64% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 91.5% mission · 8.3% management · 0.2% fundraisingTotal expenses: 112.64% of revenue

2023Expense mix: 90.4% mission · 9.3% management · 0.2% fundraisingTotal expenses: 100.54% of revenue

2022Expense mix: 88.8% mission · 11.0% management · 0.2% fundraisingTotal expenses: 101.39% of revenue

2021Expense mix: 89.1% mission · 10.7% management · 0.2% fundraisingTotal expenses: 88.27% of revenue

2020Expense mix: 86.5% mission · 12.8% management · 0.7% fundraisingTotal expenses: 88.18% of revenue

2019Expense mix: 86.1% mission · 13.1% management · 0.8% fundraisingTotal expenses: 105.47% of revenue

2018Expense mix: 54.7% mission · 45.3% management · 0.0% fundraisingTotal expenses: 45.56% of revenue

Money in and money out

Revenue$7,516,601

Expenses$8,466,366

Annual shortfall $949,765 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$7,747,448 · 91.5% of expenses

Management and office costs$704,607 · 8.3% of expenses

Fundraising$14,311 · 0.2% of expenses

See all reported dollar amounts

Revenue$7,516,601

Expenses$8,466,366

Assets$11,290,292

Income$7,516,601

Contributions$1,151,032

Mission work (program services)$7,747,448

Fundraising$14,311

Management and general$704,607

Accounting fees$28,220

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ANNEDREA COLEMANHEAD OF SCHOOL · 40 hrs/week $171,717Base $148,156 · Other $23,561

BRANDON PARKERDIRECTOR OF OPERATIONS · 40 hrs/week $135,792Base $121,724 · Other $14,068

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (11)

ANNEDREA COLEMANHEAD OF SCHOOL

BRANDON PARKERDIRECTOR OF OPERATIONS

ADAM LANIYANTRUSTEE

AMBER CARTWRIGHTTRUSTEE

CAITLIN DAY-LEWISSECRETARY

DAWN ANTOINE-FORBESCHAIR

EDRICK JOHNSONTRUSTEE

JENNIFER PERKINSTREASURER

MAIMOUNA KANETRUSTEE

NANCY OLISMACHAIR, THRU JAN 2025

WINSOME NEVINS-WARDENTRUSTEE

About this charity

Recognized since: January 2019
Location: 475 E 57TH ST, BROOKLYN, NY 11203-6010
County: Kings
In care of: % AMBROSIA JOHNSON
Primary officer: HAROLD TURNER, HEAD OF SCHOOL

How to reach them

WebsiteVisit the charity’s website Emailinfo@ivyhillprep.orgbottom Phone(917) 789-8959 Officer phone(347) 622-2269

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: PKF OCONNOR DAVIES ADVISORY LLC
NTEE classification: Charter Schools (B29)
IRS tax category: Charter Schools