Is Western Iowa Dairy Alliance Inc Legit?

Western Iowa Dairy Alliance Inc. demonstrates a consistent operational history, with revenues fluctuating but generally in the range of $50,000 to $100,000 annually. The organization's financial health shows some variability; for instance, in 2023, expenses ($81,113) exceeded revenue ($69,059), leading to a decrease in net assets. This trend of expenses occasionally exceeding revenue is visible in several past periods, such as 2021, 2018, 2017, 2016, 2015, and 2014, indicating a reliance on prior year reserves or inconsistent funding. Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the consistent reporting of 0% officer compensation across all filings suggests a lean operational structure at the executive level. The organization's assets have generally declined over the past decade, from $137,378 in 2014 to $30,237 currently, which could be a concern if this trend continues without a corresponding increase in program impact or revenue. Transparency appears to be good regarding executive compensation, with no reported officer compensation. However, without a detailed functional expense breakdown, it's challenging to fully evaluate how efficiently donor funds are being allocated between direct program services, administrative overhead, and fundraising efforts. The consistent filing of IRS Form 990s indicates adherence to reporting requirements.