Quick charity verification for Poweshiek Iowa Development (EIN: 201423354)
Verdict: Poweshiek Iowa Development appears trustworthy
75/100Mission Score
$3KRevenue
$424KAssets
2Red Flags
3Strengths
Red Flags
Significant and sustained decline in annual revenue, from $138,222 in 2015 to $3,072 in the latest period, raising sustainability concerns.
Expenses exceeded revenue in some years (e.g., 2018: $181,863 expenses vs. $124,322 revenue), indicating potential reliance on reserves or prior year surpluses.
Strengths
Consistent reporting of 0% officer compensation, indicating a volunteer-driven model and high efficiency in executive pay.
Stable and growing asset base, increasing from $214,407 in 2014 to $426,269 in 2023, providing financial stability.
Generally low or zero liabilities reported across most years, suggesting sound financial management.
Spending Breakdown
How Poweshiek Iowa Development allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Poweshiek Iowa Development
Is Poweshiek Iowa Development a legitimate charity?
Based on AI analysis of IRS 990 filings, Poweshiek Iowa Development (EIN: 201423354) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Poweshiek Iowa Development a good charity to donate to?
Poweshiek Iowa Development has a Mission Score of 75/100. Revenue: $3K. Assets: $424K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Poweshiek Iowa Development?
The Employer Identification Number (EIN) for Poweshiek Iowa Development is 201423354. 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 Poweshiek Iowa Development spend its money?
Poweshiek Iowa Development allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Poweshiek Iowa Development's tax-exempt status?
You can verify Poweshiek Iowa Development's tax-exempt status using EIN 201423354 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
Poweshiek Iowa Development appears to be a small, community-focused organization with a generally stable financial position, as evidenced by its consistent asset base, which has grown from $214,407 in 2014 to $426,269 in 2023. The organization consistently reports zero officer compensation, indicating a volunteer-led or very lean operational structure, which is a positive sign for donor confidence. However, the revenue has shown a significant decline in recent years, from a peak of $138,222 in 2015 to $28,722 in 2023, and a very low $3,072 in the latest reported period. This trend warrants closer examination to understand its impact on future program delivery.
The organization's spending efficiency is difficult to fully assess without a detailed breakdown of expenses into program, administrative, and fundraising categories, which is not provided in the summary data. However, the overall expenses have fluctuated, with some years showing expenses exceeding revenue (e.g., 2018 with $181,863 in expenses against $124,322 in revenue). The lack of reported liabilities in most years suggests good financial management, but the recent sharp drop in revenue could pose sustainability challenges if not addressed. The consistent reporting of zero officer compensation is a strong indicator of transparency regarding executive pay.