Change Happens Foundation A Delaware Nonprofit Corporation
Change Happens Foundation consistently operates at a deficit, spending significantly more than it generates in revenue.
EIN: 205222620 · Urbandale, IA · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.8M |
| Total Expenses | $1.0M |
| Program Spending | 50% |
| CEO/Top Officer Pay | $16 |
| Net Assets | $16.5M |
| Transparency Score | 40/100 |
Is Change Happens Foundation A Delaware Nonprofit Corporation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Change Happens Foundation A Delaware Nonprofit Corporation directs 50% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Change Happens Foundation A Delaware Nonprofit Corporation
Change Happens Foundation A Delaware Nonprofit Corporation (EIN: 205222620) is a nonprofit organization based in Urbandale, IA, classified under NTEE code T22. The organization reported total revenue of $4.8M and total assets of $17.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Change Happens Foundation A Delaware Nonprofit Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Change Happens Foundation A Delaware Nonprofit Corporation is a mid-size nonprofit that has been operating for 19 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $458K |
| Total Expenses | $1.0M |
| Surplus / Deficit | $-565,148 |
| Total Assets | $16.5M |
| Total Liabilities | $1 |
| Net Assets | $16.5M |
| Operating Margin | -123.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 193.7 months |
Financial Health Grade: B
In 2023, Change Happens Foundation A Delaware Nonprofit Corporation reported a deficit of $565K with expenses exceeding revenue, holds 193.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Change Happens Foundation A Delaware Nonprofit Corporation's revenue has declined at a compound annual growth rate (CAGR) of -6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -28.6% | -38.5% | +5.9% |
| 2022 | -26.2% | -8.8% | -19.5% |
| 2021 | -21.8% | +1.3% | +3.4% |
| 2020 | -16.9% | +6.1% | -4.2% |
| 2019 | +50.9% | -7.7% | +9.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Change Happens Foundation A Delaware Nonprofit Corporation with a Mission Score of 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 40%
- programs: 50%
- fundraising: 10%
According to IRS 990 filings, Change Happens Foundation A Delaware Nonprofit Corporation allocates its expenses as follows: admin: 40%, programs: 50%, fundraising: 10%. Approximately 50% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $565K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
No officer compensation has been reported across all available filings, suggesting that executive leadership may be entirely volunteer-based or compensated through other means not disclosed as officer compensation, which is unusual for an organization with assets exceeding $16 million.
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 Change Happens Foundation A Delaware Nonprofit Corporation's IRS 990 filings:
- Consistent and significant operating deficits (e.g., $565,148 deficit in 2023).
- Declining revenue trend over the past decade (from $2.6M in 2014 to $0.45M in 2023).
- High expenses relative to revenue, indicating unsustainable spending.
- Lack of reported officer compensation, which can sometimes obscure true administrative costs or raise questions about leadership structure.
- Reliance on asset depletion to cover operational shortfalls.
Strengths
The following positive indicators were identified for Change Happens Foundation A Delaware Nonprofit Corporation:
- Substantial asset base ($16,507,625 in 2023) provides a buffer against immediate financial collapse.
- Low reported liabilities (e.g., $1 in 2023) indicates minimal debt burden.
Frequently Asked Questions about Change Happens Foundation A Delaware Nonprofit Corporation
Is Change Happens Foundation A Delaware Nonprofit Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Change Happens Foundation A Delaware Nonprofit Corporation (EIN: 205222620) significant concerns. Mission Score: 40/100. 5 red flags identified, 2 strengths noted.
How does Change Happens Foundation A Delaware Nonprofit Corporation spend its money?
Change Happens Foundation A Delaware Nonprofit Corporation directs 50% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Change Happens Foundation A Delaware Nonprofit Corporation tax-deductible?
Change Happens Foundation A Delaware Nonprofit Corporation is registered as a tax-exempt nonprofit (EIN: 205222620). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Change Happens Foundation A Delaware Nonprofit Corporation CEO make?
Change Happens Foundation A Delaware Nonprofit Corporation's highest-compensated officer earns $16 annually. The organization reported $4.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Change Happens Foundation A Delaware Nonprofit Corporation's spending goes to programs?
Change Happens Foundation A Delaware Nonprofit Corporation directs 50% to programs, 10% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
How does Change Happens Foundation A Delaware Nonprofit Corporation compare to similar nonprofits?
With a transparency score of 40/100 (Fair), Change Happens Foundation A Delaware Nonprofit Corporation is near average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Change Happens Foundation A Delaware Nonprofit Corporation located?
Change Happens Foundation A Delaware Nonprofit Corporation is headquartered in Urbandale, Iowa and files with the IRS under EIN 205222620. It is classified under NTEE code T22.
How many years of IRS 990 filings does Change Happens Foundation A Delaware Nonprofit Corporation have?
Change Happens Foundation A Delaware Nonprofit Corporation has 11 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 $4.8M in total revenue.
How does Change Happens Foundation cover its consistent operating deficits?
The organization consistently reports expenses significantly higher than its revenue, suggesting it is drawing down on its substantial asset base to cover operational costs. For example, in 2023, expenses were $1,022,805 while revenue was only $457,657.
What is the long-term sustainability of Change Happens Foundation given its financial trends?
The current financial trend of continuous operating deficits is unsustainable in the long term, as it depletes the organization's assets. While assets are substantial ($16,507,625 in 2023), consistent deficits will eventually erode this base.
Why is no officer compensation reported for an organization with significant assets?
The absence of reported officer compensation across all filings is unusual for an organization of this size and asset base. It could indicate a fully volunteer executive leadership or that compensation is structured in a way that is not categorized as 'officer compensation' on the 990.
What are the primary drivers of Change Happens Foundation's expenses?
Without a detailed breakdown of expenses beyond total expenses, it's difficult to pinpoint the primary drivers. However, given the NTEE code T22 (Voluntarism Promotion), expenses might be related to outreach, administrative support for volunteer programs, or grant-making activities.
Has the organization's revenue generation capacity declined significantly?
Yes, the organization's revenue has shown a significant decline from a peak of $2,662,695 in 2014 to $457,657 in 2023, while expenses have remained relatively high, contributing to the large deficits.
Filing History
IRS 990 filing history for Change Happens Foundation A Delaware Nonprofit Corporation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Change Happens Foundation A Delaware Nonprofit Corporation's revenue has declined by 53.2%, moving from $977K to $458K. Total assets increased by 0.6% over the same period, from $16.4M to $16.5M. Total functional expenses fell by 41.5%, from $1.7M to $1.0M. In its most recent filing year (2023), Change Happens Foundation A Delaware Nonprofit Corporation reported a deficit of $565K, with expenses exceeding revenue. The organization holds $1 in liabilities against $16.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $16.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $458K | $1.0M | $16.5M | $1 | — | — |
| 2022 | $641K | $1.7M | $15.6M | $5K | — | View 990 |
| 2021 | $868K | $1.8M | $19.4M | $1 | — | View 990 |
| 2020 | $1.1M | $1.8M | $18.7M | $1 | — | View 990 |
| 2019 | $1.3M | $1.7M | $19.5M | $0 | — | View 990 |
| 2018 | $885K | $1.8M | $17.8M | $0 | — | View 990 |
| 2015 | $886K | $572K | $14.2M | $0 | — | View 990 |
| 2014 | $2.7M | $578K | $15.3M | $2K | — | View 990 |
| 2013 | $1.1M | $1.8M | $16.0M | $0 | — | View 990 |
| 2012 | $491K | $1.7M | $15.7M | $0 | — | View 990 |
| 2011 | $977K | $1.7M | $16.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $458K, expenses of $1.0M, and assets of $16.5M (revenue -28.6% year-over-year).
- 2022: Revenue of $641K, expenses of $1.7M, and assets of $15.6M (revenue -26.2% year-over-year).
- 2021: Revenue of $868K, expenses of $1.8M, and assets of $19.4M (revenue -21.8% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.8M, and assets of $18.7M (revenue -16.9% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.7M, and assets of $19.5M (revenue +50.9% year-over-year).
- 2018: Revenue of $885K, expenses of $1.8M, and assets of $17.8M (revenue -0.1% year-over-year).
- 2015: Revenue of $886K, expenses of $572K, and assets of $14.2M (revenue -66.7% year-over-year).
- 2014: Revenue of $2.7M, expenses of $578K, and assets of $15.3M (revenue +133.6% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.8M, and assets of $16.0M (revenue +132.3% year-over-year).
- 2012: Revenue of $491K, expenses of $1.7M, and assets of $15.7M (revenue -49.8% year-over-year).
- 2011: Revenue of $977K, expenses of $1.7M, and assets of $16.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Change Happens Foundation A Delaware Nonprofit Corporation:
Data Sources and Methodology
This transparency report for Change Happens Foundation A Delaware Nonprofit Corporation 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.