Cedar Falls Community Schoolsfoundation
Cedar Falls Community Schools Foundation shows strong revenue and asset growth with no executive compensation.
EIN: 204287931 · Cedar Falls, IA · NTEE: B192 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.8M |
| Total Expenses | $1.5M |
| Program Spending | 90% |
| Net Assets | $8.0M |
| Transparency Score | 95/100 |
Is Cedar Falls Community Schoolsfoundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cedar Falls Community Schoolsfoundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cedar Falls Community Schoolsfoundation
Cedar Falls Community Schoolsfoundation (EIN: 204287931) is a nonprofit organization based in Cedar Falls, IA, classified under NTEE code B192. The organization reported total revenue of $2.8M and total assets of $6.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cedar Falls Community Schoolsfoundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cedar Falls Community Schoolsfoundation is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 31.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.7M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$1.2M |
| Total Assets | $8.0M |
| Total Liabilities | $2K |
| Net Assets | $8.0M |
| Operating Margin | 43.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 64.0 months |
Financial Health Grade: A
In 2024, Cedar Falls Community Schoolsfoundation reported a surplus of $1.2M with revenue exceeding expenses, holds 64.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Cedar Falls Community Schoolsfoundation's revenue has grown at a compound annual growth rate (CAGR) of 31.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +12.7% | +162.0% | +20.7% |
| 2023 | +61.0% | +217.2% | +44.6% |
| 2022 | +57.4% | -14.4% | +16.4% |
| 2021 | +227.7% | +19.0% | +33.4% |
| 2020 | +14.1% | +35.6% | +4.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
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 Cedar Falls Community Schoolsfoundation with a Mission Score of 95 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Cedar Falls Community Schoolsfoundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating a volunteer-led executive structure, which is highly efficient and directs more funds towards its mission.
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.
Strengths
The following positive indicators were identified for Cedar Falls Community Schoolsfoundation:
- Consistent revenue growth, from $284,531 in 2020 to $2,663,127 in 2024.
- Strong asset accumulation, growing from $2,968,643 in 2020 to $8,049,219 in 2024.
- 0% officer compensation reported across all filings, indicating high efficiency and volunteer leadership.
- Low liabilities relative to assets, suggesting sound financial management.
- Positive net income in most recent periods, with revenue significantly exceeding expenses (e.g., $2,663,127 revenue vs. $1,508,602 expenses in 2024).
Frequently Asked Questions about Cedar Falls Community Schoolsfoundation
Is Cedar Falls Community Schoolsfoundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Cedar Falls Community Schoolsfoundation (EIN: 204287931) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Cedar Falls Community Schoolsfoundation spend its money?
Cedar Falls Community Schoolsfoundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cedar Falls Community Schoolsfoundation tax-deductible?
Cedar Falls Community Schoolsfoundation is registered as a tax-exempt nonprofit (EIN: 204287931). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Cedar Falls Community Schoolsfoundation's spending goes to programs?
Cedar Falls Community Schoolsfoundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Cedar Falls Community Schoolsfoundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Cedar Falls Community Schoolsfoundation is above average for NTEE category B192 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cedar Falls Community Schoolsfoundation located?
Cedar Falls Community Schoolsfoundation is headquartered in Cedar Falls, Iowa and files with the IRS under EIN 204287931. It is classified under NTEE code B192.
How many years of IRS 990 filings does Cedar Falls Community Schoolsfoundation have?
Cedar Falls Community Schoolsfoundation has 13 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 $2.8M in total revenue.
Is Cedar Falls Community Schools Foundation a good charity?
Based on the provided data, the Cedar Falls Community Schools Foundation appears to be a very good charity. It demonstrates strong financial growth, excellent spending efficiency with no executive compensation, and a clear focus on building assets to support its mission.
How has the organization's revenue changed over time?
The organization has experienced significant revenue growth, increasing from $284,531 in 2020 to $2,663,127 in 2024, indicating successful fundraising and community support.
What is the trend in the organization's assets?
Assets have consistently grown, from $2,968,643 in 2020 to $8,049,219 in 2024, suggesting effective asset management and long-term financial planning.
Filing History
IRS 990 filing history for Cedar Falls Community Schoolsfoundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Cedar Falls Community Schoolsfoundation's revenue has grown by 2610.1%, moving from $98K to $2.7M. Total assets increased by 4550% over the same period, from $173K to $8.0M. Total functional expenses rose by 1845.2%, from $78K to $1.5M. In its most recent filing year (2024), Cedar Falls Community Schoolsfoundation reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $2K in liabilities against $8.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $8.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $2.7M | $1.5M | $8.0M | $2K | — | View 990 |
| 2023 | $2.4M | $576K | $6.7M | $1K | — | View 990 |
| 2022 | $1.5M | $182K | $4.6M | $1K | — | View 990 |
| 2021 | $932K | $212K | $4.0M | $1K | — | — |
| 2020 | $285K | $178K | $3.0M | $9K | — | View 990 |
| 2019 | $249K | $132K | $2.8M | $2K | — | View 990 |
| 2018 | $252K | $128K | $2.7M | $899 | — | View 990 |
| 2017 | $228K | $123K | $2.4M | $0 | — | View 990 |
| 2016 | $1.6M | $85K | $2.2M | $0 | — | View 990 |
| 2015 | $255K | $84K | $645K | $2K | — | View 990 |
| 2014 | $369K | $95K | $482K | $0 | — | View 990 |
| 2013 | $121K | $108K | $195K | $0 | — | View 990 |
| 2012 | $98K | $78K | $173K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.7M, expenses of $1.5M, and assets of $8.0M (revenue +12.7% year-over-year).
- 2023: Revenue of $2.4M, expenses of $576K, and assets of $6.7M (revenue +61.0% year-over-year).
- 2022: Revenue of $1.5M, expenses of $182K, and assets of $4.6M (revenue +57.4% year-over-year).
- 2021: Revenue of $932K, expenses of $212K, and assets of $4.0M (revenue +227.7% year-over-year).
- 2020: Revenue of $285K, expenses of $178K, and assets of $3.0M (revenue +14.1% year-over-year).
- 2019: Revenue of $249K, expenses of $132K, and assets of $2.8M (revenue -1.1% year-over-year).
- 2018: Revenue of $252K, expenses of $128K, and assets of $2.7M (revenue +10.7% year-over-year).
- 2017: Revenue of $228K, expenses of $123K, and assets of $2.4M (revenue -85.4% year-over-year).
- 2016: Revenue of $1.6M, expenses of $85K, and assets of $2.2M (revenue +511.6% year-over-year).
- 2015: Revenue of $255K, expenses of $84K, and assets of $645K (revenue -30.9% year-over-year).
- 2014: Revenue of $369K, expenses of $95K, and assets of $482K (revenue +205.5% year-over-year).
- 2013: Revenue of $121K, expenses of $108K, and assets of $195K (revenue +22.8% year-over-year).
- 2012: Revenue of $98K, expenses of $78K, and assets of $173K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cedar Falls Community Schoolsfoundation:
Data Sources and Methodology
This transparency report for Cedar Falls Community Schoolsfoundation 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.