Adventist Laymens Foundation Of Iowa Inc
EIN: 460603404 · Nora Springs, IA · NTEE: X99
| Metric | Value |
|---|---|
| Total Expenses | $26K |
| Net Assets | $298K |
Is Adventist Laymens Foundation Of Iowa Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Adventist Laymens Foundation Of Iowa Inc
Adventist Laymens Foundation Of Iowa Inc (EIN: 460603404) is a nonprofit organization based in Nora Springs, IA, classified under NTEE code X99. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Adventist Laymens Foundation Of Iowa Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Adventist Laymens Foundation Of Iowa Inc is a micro nonprofit that has been operating for 12 years, with 2 years of IRS 990 filings on record (2013–2014). Revenue has grown at a compound annual rate of -96.1%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $13K |
| Total Expenses | $26K |
| Surplus / Deficit | $-13,312 |
| Total Assets | $298K |
| Total Liabilities | $381 |
| Net Assets | $298K |
| Operating Margin | -101.3% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 135.1 months |
Financial Health Grade: B
In 2014, Adventist Laymens Foundation Of Iowa Inc reported a deficit of $13K with expenses exceeding revenue, holds 135.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 2 years of filings (2013–2014), Adventist Laymens Foundation Of Iowa Inc's revenue has declined at a compound annual growth rate (CAGR) of -96.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -96.1% | -2.1% | -4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Adventist Laymens Foundation Of Iowa 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 Adventist Laymens Foundation Of Iowa 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 (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $13K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Adventist Laymens Foundation Of Iowa Inc
Is Adventist Laymens Foundation Of Iowa Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Adventist Laymens Foundation Of Iowa Inc (EIN: 460603404) insufficient data. 0 red flags identified, 0 strengths noted.
How does Adventist Laymens Foundation Of Iowa Inc spend its money?
Detailed spending breakdown data is not yet available for Adventist Laymens Foundation Of Iowa Inc. Check back for updated IRS 990 analysis.
Are donations to Adventist Laymens Foundation Of Iowa Inc tax-deductible?
Adventist Laymens Foundation Of Iowa Inc is registered as a tax-exempt nonprofit (EIN: 460603404). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Adventist Laymens Foundation Of Iowa Inc located?
Adventist Laymens Foundation Of Iowa Inc is headquartered in Nora Springs, Iowa and files with the IRS under EIN 460603404. It is classified under NTEE code X99.
How many years of IRS 990 filings does Adventist Laymens Foundation Of Iowa Inc have?
Adventist Laymens Foundation Of Iowa Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Adventist Laymens Foundation Of Iowa Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2013–2014), Adventist Laymens Foundation Of Iowa Inc's revenue has declined by 96.1%, moving from $338K to $13K. Total assets decreased by 4.5% over the same period, from $312K to $298K. Total functional expenses fell by 2.1%, from $27K to $26K. In its most recent filing year (2014), Adventist Laymens Foundation Of Iowa Inc reported a deficit of $13K, with expenses exceeding revenue. The organization holds $381 in liabilities against $298K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $298K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $13K | $26K | $298K | $381 | — | View 990 |
| 2013 | $338K | $27K | $312K | $996 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Adventist Laymens Foundation Of Iowa Inc:
Data Sources and Methodology
This transparency report for Adventist Laymens Foundation Of Iowa 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.