Ivy Preparatory Academy at Gwinnett Inc

Ivy Preparatory Academy at Gwinnett Inc. is an educational nonprofit organization, designated as an institution for elementary and secondary education (NTEE category B29).

The organization is not currently listed in the IRS's most recent list of tax-exempt organizations, although data exists under its Employer Identification Number.

Financial Overview

As documented in its 2019 tax filing, the organization reported financial activity during that year:

• Revenue: $24,000
• Expenses: -$379,000
• Total Assets: $304,000
• Total Liabilities: $1.78 million

In previous years, such as 2017 and 2018, the organization's financial data indicates a reliance on program services for revenue, with substantial liabilities compared to assets.

Governance

Key figures in the organization include officers like Jason B. Allen, Kimberly Lucas, Victor D. Tate, Mary Shepherd, Mary Thompson, and William Epps, none of whom received compensation as per available records[1].

Purpose

The mission of educational nonprofits like Ivy Preparatory Academy at Gwinnett is generally focused on providing education or supporting educational activities. However, specific details about the organization's current mission or activities are not readily available in recent public records.

Tax Status

Donations to this organization were considered tax-deductible, although its current tax-exempt status is unclear.

Overall, while Ivy Preparatory Academy at Gwinnett Inc. operates within the educational sector, its current activities and status require further verification to ensure accuracy.