Ankeny Community Foundation
Ankeny Community Foundation shows fluctuating revenues and assets, with no officer compensation reported.
EIN: 203850596 · Ankeny, IA · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $33K |
| Total Expenses | $66K |
| Program Spending | 80% |
| Net Assets | $90K |
| Transparency Score | 85/100 |
Is Ankeny Community Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ankeny Community Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ankeny Community Foundation
Ankeny Community Foundation (EIN: 203850596) is a nonprofit organization based in Ankeny, IA, classified under NTEE code T30. The organization reported total revenue of $33K and total assets of $87K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ankeny Community Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ankeny Community Foundation is a micro nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -14.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $77K |
| Total Expenses | $66K |
| Surplus / Deficit | +$11K |
| Total Assets | $90K |
| Net Assets | $90K |
| Operating Margin | 14.2% |
| Months of Reserves | 16.2 months |
Financial Health Grade: A
In 2023, Ankeny Community Foundation reported a surplus of $11K with revenue exceeding expenses, holds 16.2 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Ankeny Community Foundation's revenue has declined at a compound annual growth rate (CAGR) of -14.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -31.0% | -36.6% | +13.4% |
| 2022 | +684.7% | +727.7% | +11.0% |
| 2021 | +832.1% | -23.9% | +2.4% |
| 2020 | -88.5% | -90.4% | -17.9% |
| 2019 | -92.3% | +22.1% | -65.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ankeny Community Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Ankeny Community Foundation allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $11K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is a strong positive for donor confidence and efficient use of funds.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Ankeny Community Foundation's IRS 990 filings:
- Highly volatile revenue streams over the past decade, making long-term financial planning challenging.
- Significant decline in total assets from $782,059 in 2014 to $89,692 in 2023 without clear explanation in the provided data.
Strengths
The following positive indicators were identified for Ankeny Community Foundation:
- Consistent reporting of IRS 990 filings, demonstrating strong transparency.
- Zero officer compensation reported across all filings, indicating a volunteer-driven leadership and efficient use of donor funds.
- Consistently reports zero liabilities, suggesting sound financial management and no reliance on debt.
- Positive net income in recent years (2023 and 2022), indicating current operational sustainability.
Frequently Asked Questions about Ankeny Community Foundation
Is Ankeny Community Foundation a legitimate charity?
Ankeny Community Foundation (EIN: 203850596) is a registered tax-exempt nonprofit based in Iowa. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $33K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Ankeny Community Foundation spend its money?
Ankeny Community Foundation directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Ankeny Community Foundation tax-deductible?
Ankeny Community Foundation is registered as a tax-exempt nonprofit (EIN: 203850596). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ankeny Community Foundation's spending goes to programs?
Ankeny Community Foundation directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ankeny Community Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Ankeny Community Foundation is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ankeny Community Foundation located?
Ankeny Community Foundation is headquartered in Ankeny, Iowa and files with the IRS under EIN 203850596. It is classified under NTEE code T30.
How many years of IRS 990 filings does Ankeny Community Foundation have?
Ankeny Community Foundation 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 $33K in total revenue.
Is Ankeny Community Foundation a good charity?
Based on the available data, Ankeny Community Foundation appears to be a good charity. It consistently files its IRS 990s, reports no officer compensation, and maintains zero liabilities, indicating strong transparency and financial prudence. While its revenue and asset levels have fluctuated, it has shown positive net income in recent years.
What is the trend in Ankeny Community Foundation's revenue?
The Ankeny Community Foundation's revenue has been highly volatile. It peaked at $750,866 in 2014, experienced significant drops in subsequent years (e.g., $1,536 in 2020), and has shown recovery in 2022 ($112,346) and 2023 ($77,476), though still far below its peak.
How has Ankeny Community Foundation's asset base changed?
The organization's assets have decreased significantly from a high of $782,059 in 2014 to $89,692 in 2023. This suggests either substantial program spending, investment losses, or a strategic decision to distribute assets over time.
Filing History
IRS 990 filing history for Ankeny Community Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Ankeny Community Foundation's revenue has declined by 82.1%, moving from $434K to $77K. Total assets decreased by 79.6% over the same period, from $439K to $90K. In its most recent filing year (2023), Ankeny Community Foundation reported a surplus of $11K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $77K | $66K | $90K | $0 | — | — |
| 2022 | $112K | $105K | $79K | $400 | — | View 990 |
| 2021 | $14K | $13K | $71K | $0 | — | View 990 |
| 2020 | $2K | $17K | $70K | $0 | — | — |
| 2019 | $13K | $173K | $85K | $0 | — | View 990 |
| 2018 | $172K | $142K | $245K | $0 | — | View 990 |
| 2017 | $227K | $301K | $214K | $0 | — | View 990 |
| 2016 | $464K | $544K | $288K | $0 | — | View 990 |
| 2015 | $623K | $1.0M | $367K | $0 | — | View 990 |
| 2014 | $751K | $371K | $782K | $0 | — | View 990 |
| 2013 | $835K | $872K | $403K | $0 | — | View 990 |
| 2012 | $434K | $0 | $439K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $77K, expenses of $66K, and assets of $90K (revenue -31.0% year-over-year).
- 2022: Revenue of $112K, expenses of $105K, and assets of $79K (revenue +684.7% year-over-year).
- 2021: Revenue of $14K, expenses of $13K, and assets of $71K (revenue +832.1% year-over-year).
- 2020: Revenue of $2K, expenses of $17K, and assets of $70K (revenue -88.5% year-over-year).
- 2019: Revenue of $13K, expenses of $173K, and assets of $85K (revenue -92.3% year-over-year).
- 2018: Revenue of $172K, expenses of $142K, and assets of $245K (revenue -24.2% year-over-year).
- 2017: Revenue of $227K, expenses of $301K, and assets of $214K (revenue -51.0% year-over-year).
- 2016: Revenue of $464K, expenses of $544K, and assets of $288K (revenue -25.4% year-over-year).
- 2015: Revenue of $623K, expenses of $1.0M, and assets of $367K (revenue -17.1% year-over-year).
- 2014: Revenue of $751K, expenses of $371K, and assets of $782K (revenue -10.1% year-over-year).
- 2013: Revenue of $835K, expenses of $872K, and assets of $403K (revenue +92.6% year-over-year).
- 2012: Revenue of $434K, expenses of $0, and assets of $439K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ankeny Community Foundation:
Data Sources and Methodology
This transparency report for Ankeny Community Foundation 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.