IVY PEARL FOUNDATION: Form 990EZ, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- IVY PEARL FOUNDATION (EIN 36-4294465)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-05-09
- IRS object ID
- 202431309349202363
- Schema version
- 2023v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-09T15:04:09-04:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 461389250 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Balderson & Company | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 203 N LaSalle St Ste 2100 | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60601 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 364294465 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IVY PEARL FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | IVYP | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 5842 | AddressLine1Txt |
| City | Evanston | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 602045842 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STELLA SALISU HICKMAN | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2243607450 | PhoneNum |
| Signature | 2024-05-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | STELLA | PersonFirstNm |
| Person Last | SALISU HICKMAN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Andrew Balderson | PreparerPersonNm |
| PTIN | P00627529 | PTIN |
| Phone | 3128547014 | PhoneNum |
| Preparation | 2024-05-09 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| OOB Security Verification | 00 | OOBSecurityVerificationCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Website Address | ivypearlfoundation.org | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $63,878 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $12,736 | ContributionsGiftsGrantsEtcAmt |
| Membership Dues | $3,575 | MembershipDuesAmt |
| Investment Income | $465 | InvestmentIncomeAmt |
| Fundraising Gross Income | $47,102 | FundraisingGrossIncomeAmt |
| Special Events Net Income Loss | $47,102 | SpecialEventsNetIncomeLossAmt |
| Total Revenue | $63,878 | TotalRevenueAmt |
| Grants And Similar Amounts Paid | $29,602 | GrantsAndSimilarAmountsPaidAmt |
| Fees And Other Pymt To Ind Cntrct | $1,000 | FeesAndOtherPymtToIndCntrctAmt |
| Occupancy Rent Utlts And Maint | $1,517 | OccupancyRentUtltsAndMaintAmt |
| Printing Publications Postage | $146 | PrintingPublicationsPostageAmt |
| Other Expenses Total | $25,850 | OtherExpensesTotalAmt |
| Total Expenses | $58,115 | TotalExpensesAmt |
| Excess Or Deficit For Year | $5,763 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $144,987 | NetAssetsOrFundBalancesBOYAmt |
| Other Changes In Net Assets | $4,038 | OtherChangesInNetAssetsAmt |
| Net Assets Or Fund Balances EOY | $154,788 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part II | Yes (X) | InfoInScheduleOPartIIInd |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $141,713 | BOYAmt |
| EOY | $151,514 | EOYAmt |
Land And Buildings LandAndBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total Detail OtherAssetsTotalDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,274 | BOYAmt |
| EOY | $3,274 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $144,987 | BOYAmt |
| EOY | $154,788 | EOYAmt |
Sum Of Total Liabilities SumOfTotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $144,987 | BOYAmt |
| EOY | $154,788 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Primary Exempt Purpose | SEE SCHEDULE O | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (3 entries)
| Description Program Srvc AccomDescriptionProgramSrvcAccomTxt | Grants And AllocationsGrantsAndAllocationsAmt | Program Service ExpensesProgramServiceExpensesAmt |
|---|---|---|
| ACADEMIC SCHOLARSHIP GRANTS TO 15 YOUNG ADULTS | $21,750 | $20,950 |
| COMMUNITY & YOUNG WOMENS PROGRAMS, INCLUDING GRANTS | $5,168 | $4,978 |
| GRANTS TO EDUCATIONAL ADVANCEMENT FOUNDATION FOR SCHOLARSHIPS AND COMMUNITY PROGRAMS | $2,684 | $2,585 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $28,513 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (7 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|
| STELLA SALISU HICKMAN | ||||
| PRESIDENT | 1.00 | $0 | $0 | $0 |
| KESHA BURCH SIMS | ||||
| VICE PRESIDENT | 0.50 | $0 | $0 | $0 |
| INEZ GARDNER | ||||
| FINANCIAL SECRETARY | 0.50 | $0 | $0 | $0 |
| JALYN HENDERSON | ||||
| TREASURER | 1.50 | $0 | $0 | $0 |
| SHERITA MAMON | ||||
| RECORDING SECRETARY | 0.50 | $0 | $0 | $0 |
| MARTHA J EDWARDS | ||||
| AUDIT CHAIR | 0.50 | $0 | $0 | $0 |
| CLARICE DAVIDSON | ||||
| CORRESPONDING SECRETARY | 0.50 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STELLA SALISU HICKMAN | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 5842 | AddressLine1Txt |
| City | Evanston | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 602045842 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2243607450 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | false | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (true) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $29,686 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $17,223 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $58,425 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $52,195 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $63,413 | CurrentTaxYearAmt |
| Total | $220,942 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $43,647 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $65 | CurrentTaxYearMinus3YearsAmt |
| Total | $43,712 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $73,333 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $17,288 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $58,425 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $52,195 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $63,413 | CurrentTaxYearAmt |
| Total | $264,654 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $264,654 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,768 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,866 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,091 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,056 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $465 | CurrentTaxYearAmt |
| Total | $11,246 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,768 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,866 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,091 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,056 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $465 | CurrentTaxYearAmt |
| Total | $11,246 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $75,101 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $20,154 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $62,516 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $54,251 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $63,878 | CurrentTaxYearAmt |
| Total | $275,900 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.95920 | PublicSupportCY509Pct |
| Public Support PY509 | 0.95720 | PublicSupportPY509Pct |
| Investment Income CY | 0.04000 | InvestmentIncomeCYPct |
| Investment Income PY | 0.04000 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | false | AgrmtProfFundraisingActyInd |
| Licensed States | IL | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | CRUISE | Event1Nm |
| Gross Receipts Event1 | $47,102 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $47,102 | GrossRevenueEvent1Amt |
| Cash Prizes Event1 | $600 | CashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $22,491 | RentFacilityCostsEvent1Amt |
| Other Direct Expenses Event1 | $727 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $47,102 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $47,102 | GrossRevenueTotalEventsAmt |
| Cash Prizes Total Events | $600 | CashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $22,491 | RentFcltyCostsTotalEventsAmt |
| Oth Direct Expnss Total Events | $727 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $23,818 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $23,284 | NetIncomeSummaryAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| List of grants and similar amounts paid Part I line 10 | Activity CHARITABLE ORGANIZATIONS Grantee HBCU, ED ADVANCEMENT FUND, VARIOUS Amount 7,852Activity SCHOLARSHIPS Grantee 15 INDIVIDUAL COLLEGE STUDENTS Amount 21,750 |
| Description of other expenses Part I line 16 | Description AmountADMINISTRATION 23,818INSURANCE 1,594TECHNOLOGY 252GOVERNMENT FEES 11BANK FEES 175 |
| Other changes in net assets or fund balances Part I line 20 | Description AmountUNREALIZED GAIN IN INVESTMENTS 4,038 |
| Description of other assets Part II line 24 | Category Beginning of Year End of YearPREPAID EXPENSE 3,274 3,274 |
| Part III response or note to any other line in Part III | The foundations purpose is to financially support the programs of Alpha Kappa Alpha Sorority, Incorporated, Delta Chi Omega Chapter and other porgrams that promote education, economic empowerment, health and the importance of family. The Ivy Pearl Foundation, Inc. raises funds through member dues and fundraising efforts. The Foundation meets a minimum of four times each year to consider organizational matters, program grant proposals and develop fundraising strategies. |
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