Des Moines Heritage Trust
EIN: 814257830 · Des Moines, IA · NTEE: A54
| Metric | Value |
|---|---|
| Total Revenue | $15K |
| Total Expenses | $3K |
| Net Assets | $47K |
Is Des Moines Heritage Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Des Moines Heritage Trust
Des Moines Heritage Trust (EIN: 814257830) is a nonprofit organization based in Des Moines, IA, classified under NTEE code A54. The organization reported total revenue of $15K and total assets of $52K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Des Moines Heritage Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Des Moines Heritage Trust is a micro nonprofit that has been operating for 9 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of -47.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $15K |
| Total Expenses | $3K |
| Surplus / Deficit | +$13K |
| Total Assets | $47K |
| Net Assets | $47K |
| Operating Margin | 82.3% |
| Months of Reserves | 206.8 months |
Financial Health Grade: A
In 2023, Des Moines Heritage Trust reported a surplus of $13K with revenue exceeding expenses, holds 206.8 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2017–2023), Des Moines Heritage Trust's revenue has declined at a compound annual growth rate (CAGR) of -47.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -29.7% | -84.6% | +37.0% |
| 2022 | -50.2% | -70.6% | +14.2% |
| 2021 | -63.8% | -94.6% | -31.4% |
| 2020 | +12.8% | +318.9% | -95.8% |
| 2019 | -76.9% | +1646.3% | -13.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Des Moines Heritage Trust 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 Des Moines Heritage Trust 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $13K, with revenue exceeding expenses.
Frequently Asked Questions about Des Moines Heritage Trust
Is Des Moines Heritage Trust a legitimate charity?
Des Moines Heritage Trust (EIN: 814257830) is a registered tax-exempt nonprofit based in Iowa. It has 7 years of IRS 990 filings on record. Total revenue: $15K. No red flags identified. Financial health grade: A.
How does Des Moines Heritage Trust spend its money?
Des Moines Heritage Trust reported $15K in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Des Moines Heritage Trust tax-deductible?
Des Moines Heritage Trust is registered as a tax-exempt nonprofit (EIN: 814257830). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Des Moines Heritage Trust located?
Des Moines Heritage Trust is headquartered in Des Moines, Iowa and files with the IRS under EIN 814257830. It is classified under NTEE code A54.
How many years of IRS 990 filings does Des Moines Heritage Trust have?
Des Moines Heritage Trust has 7 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 $15K in total revenue.
Filing History
IRS 990 filing history for Des Moines Heritage Trust showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Des Moines Heritage Trust's revenue has declined by 98%, moving from $760K to $15K. Total assets decreased by 93.6% over the same period, from $733K to $47K. Total functional expenses fell by 89.8%, from $27K to $3K. In its most recent filing year (2023), Des Moines Heritage Trust reported a surplus of $13K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $15K | $3K | $47K | $0 | — | — |
| 2022 | $22K | $18K | $34K | $0 | — | View 990 |
| 2021 | $44K | $60K | $30K | $0 | — | — |
| 2020 | $121K | $1.1M | $44K | $0 | — | View 990 |
| 2019 | $108K | $264K | $1.0M | $0 | — | View 990 |
| 2018 | $466K | $15K | $1.2M | $0 | — | View 990 |
| 2017 | $760K | $27K | $733K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15K, expenses of $3K, and assets of $47K (revenue -29.7% year-over-year).
- 2022: Revenue of $22K, expenses of $18K, and assets of $34K (revenue -50.2% year-over-year).
- 2021: Revenue of $44K, expenses of $60K, and assets of $30K (revenue -63.8% year-over-year).
- 2020: Revenue of $121K, expenses of $1.1M, and assets of $44K (revenue +12.8% year-over-year).
- 2019: Revenue of $108K, expenses of $264K, and assets of $1.0M (revenue -76.9% year-over-year).
- 2018: Revenue of $466K, expenses of $15K, and assets of $1.2M (revenue -38.6% year-over-year).
- 2017: Revenue of $760K, expenses of $27K, and assets of $733K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Des Moines Heritage Trust:
Data Sources and Methodology
This transparency report for Des Moines Heritage Trust 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.