Access 2 Independence Of The Eastern Iowa Corridor Inc
EIN: 421157404 · Iowa City, IA · NTEE: P80Z
| Metric | Value |
|---|---|
| Total Revenue | $372K |
| Total Expenses | $370K |
| Net Assets | $76K |
Is Access 2 Independence Of The Eastern Iowa Corridor Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Access 2 Independence Of The Eastern Iowa Corridor Inc
Access 2 Independence Of The Eastern Iowa Corridor Inc (EIN: 421157404) is a nonprofit organization based in Iowa City, IA, classified under NTEE code P80Z. The organization reported total revenue of $372K and total assets of $90K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Access 2 Independence Of The Eastern Iowa Corridor Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Access 2 Independence Of The Eastern Iowa Corridor Inc is a small nonprofit that has been operating for 32 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $361K |
| Total Expenses | $370K |
| Surplus / Deficit | $-8,717 |
| Total Assets | $118K |
| Total Liabilities | $42K |
| Net Assets | $76K |
| Operating Margin | -2.4% |
| Debt-to-Asset Ratio | 35.9% |
| Months of Reserves | 3.8 months |
Financial Health Grade: B
In 2022, Access 2 Independence Of The Eastern Iowa Corridor Inc reported a deficit of $9K with expenses exceeding revenue, holds 3.8 months of operating reserves (adequate), has a debt-to-asset ratio of 35.9% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2022), Access 2 Independence Of The Eastern Iowa Corridor Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -9.7% | -8.0% | +15.0% |
| 2021 | +17.8% | +29.9% | -4.0% |
| 2020 | +17.9% | +8.2% | +58.0% |
| 2019 | +13.4% | +13.4% | +2.5% |
| 2018 | +0.4% | -4.2% | +6.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Access 2 Independence Of The Eastern Iowa Corridor Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Access 2 Independence Of The Eastern Iowa Corridor Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $9K, with expenses exceeding revenue.
- Debt-to-asset ratio: 35.9%.
Frequently Asked Questions about Access 2 Independence Of The Eastern Iowa Corridor Inc
Is Access 2 Independence Of The Eastern Iowa Corridor Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Access 2 Independence Of The Eastern Iowa Corridor Inc (EIN: 421157404) insufficient data. 0 red flags identified, 0 strengths noted.
How does Access 2 Independence Of The Eastern Iowa Corridor Inc spend its money?
Detailed spending breakdown data is not yet available for Access 2 Independence Of The Eastern Iowa Corridor Inc. Check back for updated IRS 990 analysis.
Are donations to Access 2 Independence Of The Eastern Iowa Corridor Inc tax-deductible?
Access 2 Independence Of The Eastern Iowa Corridor Inc is registered as a tax-exempt nonprofit (EIN: 421157404). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Access 2 Independence Of The Eastern Iowa Corridor Inc located?
Access 2 Independence Of The Eastern Iowa Corridor Inc is headquartered in Iowa City, Iowa and files with the IRS under EIN 421157404. It is classified under NTEE code P80Z.
How many years of IRS 990 filings does Access 2 Independence Of The Eastern Iowa Corridor Inc have?
Access 2 Independence Of The Eastern Iowa Corridor Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $372K in total revenue.
Filing History
IRS 990 filing history for Access 2 Independence Of The Eastern Iowa Corridor Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Access 2 Independence Of The Eastern Iowa Corridor Inc's revenue has grown by 31.2%, moving from $275K to $361K. Total assets decreased by 24.2% over the same period, from $156K to $118K. Total functional expenses rose by 45.5%, from $254K to $370K. In its most recent filing year (2022), Access 2 Independence Of The Eastern Iowa Corridor Inc reported a deficit of $9K, with expenses exceeding revenue. The organization holds $42K in liabilities against $118K in assets (debt-to-asset ratio: 35.9%), resulting in net assets of $76K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $361K | $370K | $118K | $42K | — | View 990 |
| 2021 | $400K | $402K | $103K | $18K | — | View 990 |
| 2020 | $339K | $310K | $107K | $20K | — | View 990 |
| 2019 | $288K | $286K | $68K | $11K | — | View 990 |
| 2018 | $254K | $252K | $66K | $11K | — | View 990 |
| 2017 | $253K | $263K | $62K | $9K | — | View 990 |
| 2016 | $263K | $252K | $68K | $4K | — | View 990 |
| 2015 | $242K | $244K | $62K | $9K | — | View 990 |
| 2014 | $253K | $259K | $63K | $9K | — | View 990 |
| 2013 | $123K | $205K | $71K | $10K | — | View 990 |
| 2012 | $303K | $303K | $155K | $12K | — | View 990 |
| 2011 | $275K | $254K | $156K | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $361K, expenses of $370K, and assets of $118K (revenue -9.7% year-over-year).
- 2021: Revenue of $400K, expenses of $402K, and assets of $103K (revenue +17.8% year-over-year).
- 2020: Revenue of $339K, expenses of $310K, and assets of $107K (revenue +17.9% year-over-year).
- 2019: Revenue of $288K, expenses of $286K, and assets of $68K (revenue +13.4% year-over-year).
- 2018: Revenue of $254K, expenses of $252K, and assets of $66K (revenue +0.4% year-over-year).
- 2017: Revenue of $253K, expenses of $263K, and assets of $62K (revenue -3.8% year-over-year).
- 2016: Revenue of $263K, expenses of $252K, and assets of $68K (revenue +8.4% year-over-year).
- 2015: Revenue of $242K, expenses of $244K, and assets of $62K (revenue -4.3% year-over-year).
- 2014: Revenue of $253K, expenses of $259K, and assets of $63K (revenue +106.0% year-over-year).
- 2013: Revenue of $123K, expenses of $205K, and assets of $71K (revenue -59.5% year-over-year).
- 2012: Revenue of $303K, expenses of $303K, and assets of $155K (revenue +10.2% year-over-year).
- 2011: Revenue of $275K, expenses of $254K, and assets of $156K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Access 2 Independence Of The Eastern Iowa Corridor Inc:
Data Sources and Methodology
This transparency report for Access 2 Independence Of The Eastern Iowa Corridor Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.