Cascade Mutual Insurance Association
EIN: 420171075 · Monticello, IA
| Metric | Value |
|---|---|
| Total Revenue | $443K |
| Total Expenses | $433K |
| Net Assets | $919K |
Is Cascade Mutual Insurance Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cascade Mutual Insurance Association
Cascade Mutual Insurance Association (EIN: 420171075) is a nonprofit organization based in Monticello, IA. The organization reported total revenue of $443K and total assets of $920K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cascade Mutual Insurance Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cascade Mutual Insurance Association is a small nonprofit that has been operating for 80 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $443K |
| Total Expenses | $433K |
| Surplus / Deficit | +$10K |
| Total Assets | $920K |
| Total Liabilities | $787 |
| Net Assets | $919K |
| Operating Margin | 2.2% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 25.5 months |
Financial Health Grade: A
In 2020, Cascade Mutual Insurance Association reported a surplus of $10K with revenue exceeding expenses, holds 25.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2020), Cascade Mutual Insurance Association's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +0.4% | -4.5% | +0.9% |
| 2019 | -0.5% | +14.8% | -1.3% |
| 2018 | +2.8% | +13.3% | +5.6% |
| 2017 | +3.5% | +18.9% | +11.0% |
| 2016 | +0.8% | -10.9% | +10.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1946 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cascade Mutual Insurance Association 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 Cascade Mutual Insurance Association 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $10K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Cascade Mutual Insurance Association
Is Cascade Mutual Insurance Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Cascade Mutual Insurance Association (EIN: 420171075) insufficient data. 0 red flags identified, 0 strengths noted.
How does Cascade Mutual Insurance Association spend its money?
Detailed spending breakdown data is not yet available for Cascade Mutual Insurance Association. Check back for updated IRS 990 analysis.
Are donations to Cascade Mutual Insurance Association tax-deductible?
Cascade Mutual Insurance Association is registered as a tax-exempt nonprofit (EIN: 420171075). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cascade Mutual Insurance Association located?
Cascade Mutual Insurance Association is headquartered in Monticello, Iowa and files with the IRS under EIN 420171075.
How many years of IRS 990 filings does Cascade Mutual Insurance Association have?
Cascade Mutual Insurance Association has 10 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 $443K in total revenue.
Filing History
IRS 990 filing history for Cascade Mutual Insurance Association showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Cascade Mutual Insurance Association's revenue has grown by 26%, moving from $352K to $443K. Total assets increased by 124% over the same period, from $411K to $920K. Total functional expenses rose by 24.4%, from $348K to $433K. In its most recent filing year (2020), Cascade Mutual Insurance Association reported a surplus of $10K, with revenue exceeding expenses. The organization holds $787 in liabilities against $920K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $919K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $443K | $433K | $920K | $787 | — | — |
| 2019 | $442K | $454K | $912K | $2K | — | View 990 |
| 2018 | $444K | $395K | $924K | $2K | — | View 990 |
| 2017 | $432K | $349K | $875K | $2K | — | View 990 |
| 2016 | $417K | $293K | $788K | $2K | — | View 990 |
| 2015 | $414K | $329K | $715K | $3K | — | View 990 |
| 2014 | $407K | $322K | $630K | $2K | — | View 990 |
| 2013 | $400K | $379K | $546K | $2K | — | View 990 |
| 2012 | $382K | $268K | $524K | $2K | — | View 990 |
| 2011 | $352K | $348K | $411K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $443K, expenses of $433K, and assets of $920K (revenue +0.4% year-over-year).
- 2019: Revenue of $442K, expenses of $454K, and assets of $912K (revenue -0.5% year-over-year).
- 2018: Revenue of $444K, expenses of $395K, and assets of $924K (revenue +2.8% year-over-year).
- 2017: Revenue of $432K, expenses of $349K, and assets of $875K (revenue +3.5% year-over-year).
- 2016: Revenue of $417K, expenses of $293K, and assets of $788K (revenue +0.8% year-over-year).
- 2015: Revenue of $414K, expenses of $329K, and assets of $715K (revenue +1.6% year-over-year).
- 2014: Revenue of $407K, expenses of $322K, and assets of $630K (revenue +1.6% year-over-year).
- 2013: Revenue of $400K, expenses of $379K, and assets of $546K (revenue +4.9% year-over-year).
- 2012: Revenue of $382K, expenses of $268K, and assets of $524K (revenue +8.6% year-over-year).
- 2011: Revenue of $352K, expenses of $348K, and assets of $411K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cascade Mutual Insurance Association:
Data Sources and Methodology
This transparency report for Cascade Mutual Insurance Association 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.