Is Iowa Innovation Learning Center Inc…

Quick charity verification for Iowa Innovation Learning Center Inc (EIN: 205838514)

Spending Breakdown

How Iowa Innovation Learning Center Inc allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

Admin Costs

Reasonable — admin costs in check

10%

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 Innovation Learning Center Inc

Is Iowa Innovation Learning Center Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Iowa Innovation Learning Center Inc (EIN: 205838514) has notable concerns. Mission Score: 10/100. 4 red flags identified, 1 strength noted.

Is Iowa Innovation Learning Center Inc a good charity to donate to?

Iowa Innovation Learning Center Inc has a Mission Score of 10/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Iowa Innovation Learning Center Inc?

The Employer Identification Number (EIN) for Iowa Innovation Learning Center Inc is 205838514. 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 Innovation Learning Center Inc spend its money?

Iowa Innovation Learning Center Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Iowa Innovation Learning Center Inc's tax-exempt status?

You can verify Iowa Innovation Learning Center Inc's tax-exempt status using EIN 205838514 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 Innovation Learning Center Inc. appears to be in a state of significant financial decline, as evidenced by its latest filing showing $0 in revenue and assets. This follows a trend of substantial operating deficits in previous years, with expenses frequently exceeding revenue. For example, in 2015, the organization reported $41,548 in revenue against $369,506 in expenses, and in 2014, $267,185 in revenue against $602,757 in expenses. The organization's assets have also diminished considerably, from a peak of $1,355,527 in 2011 to $0 in its most recent filing. This suggests a potential cessation of operations or a severe financial distress that has depleted its resources.

Given the lack of recent financial activity and the historical pattern of spending significantly more than it brought in, assessing spending efficiency is challenging without more detailed expense breakdowns. However, the consistent negative net income indicates an unsustainable financial model over several years. The organization's transparency is moderate in terms of filing history, but the current $0 revenue and assets raise questions about its ongoing viability and whether it is still actively pursuing its mission. The absence of reported officer compensation across all filings is a positive note regarding executive pay, but it doesn't offset the broader financial concerns.

Overall, the financial health of the Iowa Innovation Learning Center Inc. is extremely poor, with no current revenue or assets reported. Its historical financial performance shows a pattern of significant deficits, leading to the current state. While executive compensation has not been a drain, the organization's ability to operate and achieve its mission is severely compromised by its lack of financial resources.

Is Iowa Innovation Learning Center Inc Legit?

Verdict: Iowa Innovation Learning Center Inc has notable concerns

Red Flags

Strengths