Ice Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Our vision is to provide a nurturing, creative and challenging academic program, maintain small class sizes and foster relationships between students and teachers. Students are prepared for higher levels of education at college level.
- Income
- $166,360
- Spending
- $88,491
- Spent on programs
- 70%
- Reserves
- 16.2 months of spending
- Largest source of income
- donations and private grants, 68%
- Employees
- 0
- Volunteers
- 40
Source: Form 990 for the year ending June 30, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 85 out of 100. Higher than 61% of charities in its peer group (education, under $250k).
Reserves
35 of 35Spendable reserves would cover 16.2 months of spending.
Debt
20 of 20It owes 8% of what it owns.
Living within its means
15 of 15Income exceeded spending by 47% of income.
Income trend
0 of 15Income fell 29% on the year before.
Spending floor
15 of 1570% of spending went to programs and raising each dollar of donations cost 12 cents.
Source: Form 990 for the year ending June 30, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 88 out of 100. Higher than 83% of charities in its peer group (education, under $250k).
Independent board
25 of 256 of 6 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (5)
- $18,057 spent. This program service specifically relates to the various special student activities that are organized and conducted by the school. The organized activities includes team athletics, both male and female in full accordance with statutory regulations, debating classes, after-school programs and various student clubs, such as the chess club.
- $26,136 spent. This program service specfically relates to classroom materials, and supplies. This includes separate music department instruction, the related purchase of musical instruments as well as class trips to museums or to attend musical performances.
- $753 spent. This program service includes certain general and administrative costs of the progtram. This category also includes charges for the college office, recruiting support, assistance to the PTA, the costs of summer school as well as front office help and general supplies.
- $16,999 spent. The program service includes teacher support, related professional development, special programs and cash supports for clothing for the student. It also includes the cost of publishing the yearbook.
- The program service includes teacher support, 16999. 0. 0.
Source: Form 990 for the year ending June 30, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2026.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 2004.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Could it be confused with another charity? Worth knowing.
A much larger organization has a similar name: Ab Foundation (Washington, DC), EIN 27-5278038. If that is the one you meant, check the EIN before giving.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.