Community Foundation Of Carroll County
Community Foundation Of Carroll County shows consistent asset growth and zero officer compensation over a decade.
EIN: 201413585 · Carroll, IA · NTEE: T31 · Updated: 2026-03-28
Is Community Foundation Of Carroll County Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Community Foundation Of Carroll County directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Community Foundation Of Carroll County
Community Foundation Of Carroll County (EIN: 201413585) is a nonprofit organization based in Carroll, IA, classified under NTEE code T31. The organization reported total revenue of $1.6M and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Foundation Of Carroll County's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Community Foundation Of Carroll County 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Community Foundation Of Carroll County allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the organization operates with volunteer leadership or very minimal, non-compensated executive roles, which is highly efficient for an organization of its size with assets approaching $2 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.
Strengths
The following positive indicators were identified for Community Foundation Of Carroll County:
- Consistent asset growth, nearly doubling from $940,538 in 2015 to $1,878,943 in 2024.
- Zero liabilities reported across all 13 filings, indicating strong financial health.
- 0% officer compensation reported consistently, suggesting highly efficient and volunteer-driven operations.
- Consistent surplus of revenue over expenses in most years, contributing to asset growth.
- Strong transparency with 13 years of available IRS 990 filings.
Frequently Asked Questions about Community Foundation Of Carroll County
Is Community Foundation Of Carroll County a legitimate charity?
Based on AI analysis of IRS 990 filings, Community Foundation Of Carroll County (EIN: 201413585) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Community Foundation Of Carroll County spend its money?
Community Foundation Of Carroll County directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Community Foundation Of Carroll County tax-deductible?
Community Foundation Of Carroll County is registered as a tax-exempt nonprofit (EIN: 201413585). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Community Foundation Of Carroll County a good charity?
Yes, based on its consistent asset growth, zero liabilities, and 0% officer compensation, it appears to be a very well-managed and efficient charity.
How has the organization's asset base grown over time?
The organization's assets have nearly doubled from $940,538 in 2015 to $1,878,943 in 2024, demonstrating strong financial growth and stability.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, indicating a highly lean or volunteer-driven executive structure.
Does the organization have any liabilities?
No, the organization consistently reports $0 in liabilities across all available filings, indicating excellent financial health and risk management.
Filing History
IRS 990 filing history for Community Foundation Of Carroll County showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Community Foundation Of Carroll County's revenue has grown by 272.7%, moving from $120K to $449K. Total assets increased by 922.1% over the same period, from $184K to $1.9M. Total functional expenses rose by 368.2%, from $91K to $427K. In its most recent filing year (2024), Community Foundation Of Carroll County reported a surplus of $22K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $449K | $427K | $1.9M | $0 | — | — |
| 2023 | $538K | $403K | $1.9M | $0 | — | View 990 |
| 2022 | $463K | $395K | $1.7M | $0 | — | View 990 |
| 2021 | $362K | $305K | $1.7M | $0 | — | View 990 |
| 2020 | $417K | $347K | $1.6M | $0 | — | View 990 |
| 2019 | $419K | $350K | $1.5M | $0 | — | View 990 |
| 2018 | $443K | $331K | $1.5M | $0 | — | View 990 |
| 2017 | $478K | $240K | $1.3M | $0 | — | View 990 |
| 2016 | $406K | $241K | $1.1M | $0 | — | View 990 |
| 2015 | $517K | $179K | $941K | $0 | — | View 990 |
| 2014 | $148K | $206K | $603K | $0 | — | View 990 |
| 2013 | $140K | $95K | $229K | $0 | — | View 990 |
| 2012 | $120K | $91K | $184K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $449K, expenses of $427K, and assets of $1.9M (revenue -16.5% year-over-year).
- 2023: Revenue of $538K, expenses of $403K, and assets of $1.9M (revenue +16.2% year-over-year).
- 2022: Revenue of $463K, expenses of $395K, and assets of $1.7M (revenue +27.8% year-over-year).
- 2021: Revenue of $362K, expenses of $305K, and assets of $1.7M (revenue -13.2% year-over-year).
- 2020: Revenue of $417K, expenses of $347K, and assets of $1.6M (revenue -0.5% year-over-year).
- 2019: Revenue of $419K, expenses of $350K, and assets of $1.5M (revenue -5.4% year-over-year).
- 2018: Revenue of $443K, expenses of $331K, and assets of $1.5M (revenue -7.3% year-over-year).
- 2017: Revenue of $478K, expenses of $240K, and assets of $1.3M (revenue +17.8% year-over-year).
- 2016: Revenue of $406K, expenses of $241K, and assets of $1.1M (revenue -21.5% year-over-year).
- 2015: Revenue of $517K, expenses of $179K, and assets of $941K (revenue +248.9% year-over-year).
- 2014: Revenue of $148K, expenses of $206K, and assets of $603K (revenue +5.5% year-over-year).
- 2013: Revenue of $140K, expenses of $95K, and assets of $229K (revenue +16.5% year-over-year).
- 2012: Revenue of $120K, expenses of $91K, and assets of $184K.
Data Sources and Methodology
This transparency report for Community Foundation Of Carroll County 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.