Church State And Industry Foundation Inc
Church State And Industry Foundation Inc. consistently spends more than it earns, relying on stable assets.
EIN: 204499067 · Polk City, IA · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $385K |
| Total Expenses | $105K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.1M |
| Transparency Score | 60/100 |
Is Church State And Industry Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Church State And Industry Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Church State And Industry Foundation Inc
Church State And Industry Foundation Inc (EIN: 204499067) is a nonprofit organization based in Polk City, IA, classified under NTEE code B82. The organization reported total revenue of $385K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Church State And Industry Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Church State And Industry Foundation Inc is a small nonprofit that has been operating for 19 years, with 11 years of IRS 990 filings on record (2010–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $57K |
| Total Expenses | $105K |
| Surplus / Deficit | $-47,645 |
| Total Assets | $1.1M |
| Total Liabilities | $1 |
| Net Assets | $1.1M |
| Operating Margin | -83.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 126.7 months |
Financial Health Grade: B
In 2023, Church State And Industry Foundation Inc reported a deficit of $48K with expenses exceeding revenue, holds 126.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -28.8% | -40.1% | -4.1% |
| 2022 | -44.5% | +305.0% | -7.6% |
| 2021 | +278.4% | -36.9% | +8.8% |
| 2020 | -36.7% | +12.7% | -2.6% |
| 2019 | +38.7% | -17.1% | -1.9% |
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 Church State And Industry Foundation Inc with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Church State And Industry Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% 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 $48K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting that officers are either unpaid volunteers or compensated through non-reportable means, which is unusual for an organization with over $1 million in assets.
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 Church State And Industry Foundation Inc's IRS 990 filings:
- Consistent revenue deficits (e.g., 2023 revenue $56,884 vs. expenses $104,529)
- Unusually low and consistent $1 reported liabilities across all filings
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- No reported officer compensation despite significant assets
Strengths
The following positive indicators were identified for Church State And Industry Foundation Inc:
- Stable asset base over $1 million, providing financial cushion
- No reported officer compensation, potentially indicating low overhead in leadership
- Long filing history (11 filings) indicating consistent compliance with IRS reporting
Frequently Asked Questions about Church State And Industry Foundation Inc
Is Church State And Industry Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Church State And Industry Foundation Inc (EIN: 204499067) some concerns. Mission Score: 60/100. 4 red flags identified, 3 strengths noted.
How does Church State And Industry Foundation Inc spend its money?
Church State And Industry Foundation Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Church State And Industry Foundation Inc tax-deductible?
Church State And Industry Foundation Inc is registered as a tax-exempt nonprofit (EIN: 204499067). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Church State And Industry Foundation Inc CEO make?
Church State And Industry Foundation Inc's highest-compensated officer earns $1 annually. The organization reported $385K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Church State And Industry Foundation Inc's spending goes to programs?
Church State And Industry Foundation Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Church State And Industry Foundation Inc compare to similar nonprofits?
With a transparency score of 60/100 (Good), Church State And Industry Foundation Inc is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Church State And Industry Foundation Inc located?
Church State And Industry Foundation Inc is headquartered in Polk City, Iowa and files with the IRS under EIN 204499067. It is classified under NTEE code B82.
How many years of IRS 990 filings does Church State And Industry Foundation Inc have?
Church State And Industry Foundation Inc 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 $385K in total revenue.
How does the organization cover its recurring revenue deficits?
The organization frequently reports expenses exceeding revenue (e.g., 2023: $104,529 expenses vs. $56,884 revenue; 2022: $174,382 expenses vs. $79,895 revenue). This suggests it either draws from its substantial asset base or has other unreported income streams.
What is the nature of the $1 liability consistently reported?
The consistent reporting of $1 in liabilities across all filings is highly unusual and could indicate a simplification in financial reporting or a specific accounting practice that requires clarification for full transparency.
What are the specific program activities funded by the organization?
The provided data does not detail the specific program activities. Given the NTEE code B82 (Religious Activities, n.e.c.), understanding the actual programs would clarify how the organization fulfills its mission.
How does the organization sustain operations without officer compensation?
With officer compensation consistently reported as 0%, it raises questions about how leadership is compensated or if the organization is primarily volunteer-run, especially given its asset size.
Filing History
IRS 990 filing history for Church State And Industry Foundation Inc showing financial trends over 11 years of public records:
Total assets increased by 37.9% over the same period, from $800K to $1.1M. Total functional expenses rose by 47.8%, from $71K to $105K. In its most recent filing year (2023), Church State And Industry Foundation Inc reported a deficit of $48K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $57K | $105K | $1.1M | $1 | — | View 990 |
| 2022 | $80K | $174K | $1.2M | $1 | — | View 990 |
| 2021 | $144K | $43K | $1.2M | $1 | — | View 990 |
| 2020 | $38K | $68K | $1.1M | $1 | — | — |
| 2019 | $60K | $61K | $1.2M | $1 | — | View 990 |
| 2015 | $43K | $73K | $1.2M | $1 | — | View 990 |
| 2014 | $115K | $73K | $1.2M | $1 | — | View 990 |
| 2013 | $235K | $75K | $1.2M | $1 | — | View 990 |
| 2012 | $580K | $45K | $1.0M | $1 | — | View 990 |
| 2011 | $57K | $63K | $491K | $1 | — | View 990 |
| 2010 | $-6,070 | $71K | $800K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $57K, expenses of $105K, and assets of $1.1M (revenue -28.8% year-over-year).
- 2022: Revenue of $80K, expenses of $174K, and assets of $1.2M (revenue -44.5% year-over-year).
- 2021: Revenue of $144K, expenses of $43K, and assets of $1.2M (revenue +278.4% year-over-year).
- 2020: Revenue of $38K, expenses of $68K, and assets of $1.1M (revenue -36.7% year-over-year).
- 2019: Revenue of $60K, expenses of $61K, and assets of $1.2M (revenue +38.7% year-over-year).
- 2015: Revenue of $43K, expenses of $73K, and assets of $1.2M (revenue -62.4% year-over-year).
- 2014: Revenue of $115K, expenses of $73K, and assets of $1.2M (revenue -51.1% year-over-year).
- 2013: Revenue of $235K, expenses of $75K, and assets of $1.2M (revenue -59.4% year-over-year).
- 2012: Revenue of $580K, expenses of $45K, and assets of $1.0M (revenue +916.1% year-over-year).
- 2011: Revenue of $57K, expenses of $63K, and assets of $491K.
- 2010: Revenue of $-6,070, expenses of $71K, and assets of $800K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Church State And Industry Foundation Inc:
Data Sources and Methodology
This transparency report for Church State And Industry Foundation 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.