Unusually low or 0% reported officer compensation, which may obscure actual executive pay if categorized elsewhere.
Strengths
Consistent positive net assets, indicating financial stability.
Healthy operating surplus in the most recent filing (202312), with revenue exceeding expenses by over $500,000.
Significant growth in assets over the past decade, from $5.6 million in 2014 to $12.8 million in 2023.
Low liabilities relative to assets, suggesting good financial health and limited debt burden.
Spending Breakdown
How Iowa Healthcare Collaborative 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 Healthcare Collaborative
Is Iowa Healthcare Collaborative a legitimate charity?
Based on AI analysis of IRS 990 filings, Iowa Healthcare Collaborative (EIN: 203869767) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Iowa Healthcare Collaborative a good charity to donate to?
Iowa Healthcare Collaborative has a Mission Score of 85/100. Revenue: $8.0M. Assets: $14.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Iowa Healthcare Collaborative?
The Employer Identification Number (EIN) for Iowa Healthcare Collaborative is 203869767. 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 Healthcare Collaborative spend its money?
Iowa Healthcare Collaborative allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Iowa Healthcare Collaborative's tax-exempt status?
You can verify Iowa Healthcare Collaborative's tax-exempt status using EIN 203869767 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
Iowa Healthcare Collaborative demonstrates a generally stable financial position, with assets consistently exceeding liabilities across its filing history. While revenue and expenses have fluctuated significantly over the past decade, from a high of $17.2 million in revenue in 2018 to a low of $3.8 million in 2014, the organization has maintained positive net assets. The most recent filing (202312) shows revenue of $7,111,422 exceeding expenses of $6,603,969, indicating a healthy operating surplus for the period. The organization's consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, or that compensation is not reported in a way that is easily identifiable as 'officer compensation' in the summary data provided. Further detailed analysis of the full 990 forms would be needed to confirm the exact breakdown of functional expenses and compensation practices.