Des Moines Poverty Tr
Des Moines Poverty Tr faces severe financial instability with consistent deficit spending and rapidly declining assets.
EIN: 201062526 · Des Moines, IA · NTEE: P60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $25K |
| Total Expenses | $148K |
| Program Spending | 70% |
| Net Assets | $14K |
| Transparency Score | 35/100 |
Is Des Moines Poverty Tr Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Des Moines Poverty Tr directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Des Moines Poverty Tr
Des Moines Poverty Tr (EIN: 201062526) is a nonprofit organization based in Des Moines, IA, classified under NTEE code P60. The organization reported total revenue of $25K and total assets of $14K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Des Moines Poverty Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Des Moines Poverty Tr is a micro nonprofit that has been operating for 3 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -17.3%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $25K |
| Total Expenses | $148K |
| Surplus / Deficit | $-122,610 |
| Total Assets | $14K |
| Net Assets | $14K |
| Operating Margin | -484.1% |
| Months of Reserves | 1.2 months |
Financial Health Grade: C
In 2021, Des Moines Poverty Tr reported a deficit of $123K with expenses exceeding revenue, holds 1.2 months of operating reserves (limited).
Financial Trends
Over 11 years of filings (2011–2021), Des Moines Poverty Tr's revenue has declined at a compound annual growth rate (CAGR) of -17.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -57.7% | -6.1% | -89.6% |
| 2020 | -9.4% | +115.4% | -41.7% |
| 2019 | +64.4% | +78.4% | -2.9% |
| 2018 | +37.7% | +53.9% | -0.3% |
| 2017 | -89.3% | -91.1% | +1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2023 |
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 Des Moines Poverty Tr with a Mission Score of 35 out of 100 (Poor). 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, Des Moines Poverty Tr allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $123K, with expenses exceeding revenue.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is not drawing a salary, which is commendable for a small nonprofit.
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 Des Moines Poverty Tr's IRS 990 filings:
- Consistent and significant deficit spending (e.g., 2021 revenue $25,326 vs. expenses $147,936).
- Rapid and drastic decline in total assets (from $437,477 in 2012 to $14,256 in 2021).
- Expenses frequently exceeding revenue over multiple years, indicating unsustainable operations.
- Low current assets relative to historical levels, suggesting limited financial reserves.
Strengths
The following positive indicators were identified for Des Moines Poverty Tr:
- 0% officer compensation reported across all filings, indicating a commitment to minimizing executive overhead.
- No reported liabilities, suggesting the organization is not burdened by debt.
- Consistent filing of IRS 990 forms, demonstrating transparency in financial reporting.
Frequently Asked Questions about Des Moines Poverty Tr
Is Des Moines Poverty Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Des Moines Poverty Tr (EIN: 201062526) significant concerns. Mission Score: 35/100. 4 red flags identified, 3 strengths noted.
How does Des Moines Poverty Tr spend its money?
Des Moines Poverty Tr directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Des Moines Poverty Tr tax-deductible?
Des Moines Poverty Tr is registered as a tax-exempt nonprofit (EIN: 201062526). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Des Moines Poverty Tr's spending goes to programs?
Des Moines Poverty Tr directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Des Moines Poverty Tr compare to similar nonprofits?
With a transparency score of 35/100 (Poor), Des Moines Poverty Tr is below average for NTEE category P60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Des Moines Poverty Tr located?
Des Moines Poverty Tr is headquartered in Des Moines, Iowa and files with the IRS under EIN 201062526. It is classified under NTEE code P60.
How many years of IRS 990 filings does Des Moines Poverty Tr have?
Des Moines Poverty Tr 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 $25K in total revenue.
Is Des Moines Poverty Tr a good charity?
Based on the financial data, Des Moines Poverty Tr is facing significant financial challenges due to consistent deficit spending and a rapid decline in assets. While officer compensation is 0%, the overall financial health raises concerns about its long-term sustainability and ability to effectively deliver on its mission.
What caused the significant decline in assets?
The significant decline in assets from $437,477 in 2012 to $14,256 in 2021 is primarily due to the organization consistently spending more than it earns. For example, in 2021, expenses were $147,936 while revenue was only $25,326, forcing the organization to draw from its reserves.
How does the organization plan to address its financial deficits?
The provided IRS 990 data does not detail the organization's plans to address its financial deficits. However, the consistent negative net income suggests an urgent need for a strategy to increase revenue or significantly reduce expenses to ensure future viability.
What is the organization's primary source of revenue?
The IRS 990 data provides total revenue figures but does not break down the primary sources of revenue (e.g., donations, grants, program service revenue). Further investigation into the full 990 forms would be needed to determine this.
Filing History
IRS 990 filing history for Des Moines Poverty Tr showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Des Moines Poverty Tr's revenue has declined by 85%, moving from $169K to $25K. Total assets decreased by 96.9% over the same period, from $461K to $14K. Total functional expenses fell by 37.4%, from $236K to $148K. In its most recent filing year (2021), Des Moines Poverty Tr reported a deficit of $123K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $25K | $148K | $14K | $0 | — | — |
| 2020 | $60K | $158K | $137K | $0 | — | — |
| 2019 | $66K | $73K | $235K | $0 | — | View 990 |
| 2018 | $40K | $41K | $242K | $0 | — | View 990 |
| 2017 | $29K | $27K | $242K | $0 | — | — |
| 2016 | $272K | $299K | $240K | $0 | — | View 990 |
| 2015 | $96K | $193K | $267K | $0 | — | View 990 |
| 2014 | $49K | $78K | $364K | $0 | — | View 990 |
| 2013 | $92K | $137K | $392K | $0 | — | View 990 |
| 2012 | $160K | $183K | $437K | $0 | — | View 990 |
| 2011 | $169K | $236K | $461K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $25K, expenses of $148K, and assets of $14K (revenue -57.7% year-over-year).
- 2020: Revenue of $60K, expenses of $158K, and assets of $137K (revenue -9.4% year-over-year).
- 2019: Revenue of $66K, expenses of $73K, and assets of $235K (revenue +64.4% year-over-year).
- 2018: Revenue of $40K, expenses of $41K, and assets of $242K (revenue +37.7% year-over-year).
- 2017: Revenue of $29K, expenses of $27K, and assets of $242K (revenue -89.3% year-over-year).
- 2016: Revenue of $272K, expenses of $299K, and assets of $240K (revenue +184.0% year-over-year).
- 2015: Revenue of $96K, expenses of $193K, and assets of $267K (revenue +93.9% year-over-year).
- 2014: Revenue of $49K, expenses of $78K, and assets of $364K (revenue -46.2% year-over-year).
- 2013: Revenue of $92K, expenses of $137K, and assets of $392K (revenue -42.6% year-over-year).
- 2012: Revenue of $160K, expenses of $183K, and assets of $437K (revenue -5.2% year-over-year).
- 2011: Revenue of $169K, expenses of $236K, and assets of $461K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Des Moines Poverty Tr:
Data Sources and Methodology
This transparency report for Des Moines Poverty Tr 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.