Quick charity verification for Iowa Alliance For Choice In Education (EIN: 204240578)
Verdict: Iowa Alliance For Choice In Education appears trustworthy
90/100Mission Score
$88KRevenue
$109KAssets
2Red Flags
5Strengths
Red Flags
Unusually low liabilities relative to assets, which could indicate minimal operational debt or a very conservative financial approach.
No reported officer compensation, which while positive for efficiency, can sometimes indicate reliance on external support or a fully volunteer-run model that might face sustainability challenges if not properly structured.
Strengths
Consistent asset growth, from $77,269 in 2014 to $223,151 in 2023, indicating strong financial management.
Revenues consistently exceeding expenses in most years, demonstrating financial stability and sustainability.
0% officer compensation reported across all filings, suggesting a highly efficient operation with funds directed towards the mission.
Robust filing history with 13 IRS 990 filings, indicating strong transparency and compliance.
Low liabilities relative to assets, suggesting a healthy balance sheet and minimal financial risk.
Spending Breakdown
How Iowa Alliance For Choice In Education allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Iowa Alliance For Choice In Education
Is Iowa Alliance For Choice In Education a legitimate charity?
Based on AI analysis of IRS 990 filings, Iowa Alliance For Choice In Education (EIN: 204240578) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
Is Iowa Alliance For Choice In Education a good charity to donate to?
Iowa Alliance For Choice In Education has a Mission Score of 90/100. Revenue: $88K. Assets: $109K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Iowa Alliance For Choice In Education?
The Employer Identification Number (EIN) for Iowa Alliance For Choice In Education is 204240578. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Iowa Alliance For Choice In Education spend its money?
Iowa Alliance For Choice In Education allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Iowa Alliance For Choice In Education's tax-exempt status?
You can verify Iowa Alliance For Choice In Education's tax-exempt status using EIN 204240578 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Iowa Alliance For Choice In Education demonstrates consistent financial activity, with revenues generally exceeding expenses in recent years, contributing to a healthy growth in assets. For instance, in 2023, the organization reported revenues of $231,023 against expenses of $204,123, leading to an increase in net assets. This trend suggests sound financial management and an ability to build reserves, as evidenced by assets growing from $77,269 in 2014 to $223,151 in 2023.
The organization's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This indicates that a significant portion of funds is likely directed towards programmatic activities rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses is not provided in the summary data, the absence of officer compensation is a positive indicator for donor confidence.
In terms of transparency, the organization has a robust filing history with 13 IRS 990 filings, indicating consistent compliance with reporting requirements. The consistent growth in assets and relatively low liabilities (e.g., $7,324 in 2023) further suggest a well-managed and transparent financial operation. The lack of officer compensation also enhances its transparency profile, as it removes a common area of scrutiny for nonprofits.