Drop Inn Ministries Of Iowa
EIN: 455095690 · Cedar Rapids, IA · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $426K |
| Total Expenses | $161K |
| Net Assets | $50K |
Is Drop Inn Ministries Of Iowa Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Drop Inn Ministries Of Iowa
Drop Inn Ministries Of Iowa (EIN: 455095690) is a nonprofit organization based in Cedar Rapids, IA, classified under NTEE code X20. The organization reported total revenue of $426K and total assets of $93K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Drop Inn Ministries Of Iowa's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Drop Inn Ministries Of Iowa is a small nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 6.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $178K |
| Total Expenses | $161K |
| Surplus / Deficit | +$17K |
| Total Assets | $51K |
| Total Liabilities | $838 |
| Net Assets | $50K |
| Operating Margin | 9.6% |
| Debt-to-Asset Ratio | 1.7% |
| Months of Reserves | 3.8 months |
Financial Health Grade: A
In 2023, Drop Inn Ministries Of Iowa reported a surplus of $17K with revenue exceeding expenses, holds 3.8 months of operating reserves (adequate), has a debt-to-asset ratio of 1.7% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Drop Inn Ministries Of Iowa's revenue has grown at a compound annual growth rate (CAGR) of 6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +54.8% | +8.8% | +51.3% |
| 2022 | -31.3% | +25.7% | -50.3% |
| 2021 | -38.4% | -67.3% | +98.5% |
| 2020 | -18.9% | +23.1% | -72.1% |
| 2019 | +37.5% | +24.4% | +55.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7100 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Drop Inn Ministries Of Iowa 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 Drop Inn Ministries Of Iowa 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 $17K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.7%.
Frequently Asked Questions about Drop Inn Ministries Of Iowa
Is Drop Inn Ministries Of Iowa a legitimate charity?
Based on AI analysis of IRS 990 filings, Drop Inn Ministries Of Iowa (EIN: 455095690) insufficient data. 0 red flags identified, 0 strengths noted.
How does Drop Inn Ministries Of Iowa spend its money?
Detailed spending breakdown data is not yet available for Drop Inn Ministries Of Iowa. Check back for updated IRS 990 analysis.
Are donations to Drop Inn Ministries Of Iowa tax-deductible?
Drop Inn Ministries Of Iowa is registered as a tax-exempt nonprofit (EIN: 455095690). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Drop Inn Ministries Of Iowa located?
Drop Inn Ministries Of Iowa is headquartered in Cedar Rapids, Iowa and files with the IRS under EIN 455095690. It is classified under NTEE code X20.
How many years of IRS 990 filings does Drop Inn Ministries Of Iowa have?
Drop Inn Ministries Of Iowa 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 $426K in total revenue.
Filing History
IRS 990 filing history for Drop Inn Ministries Of Iowa showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Drop Inn Ministries Of Iowa's revenue has grown by 82.7%, moving from $97K to $178K. Total assets increased by 65.4% over the same period, from $31K to $51K. Total functional expenses rose by 111.5%, from $76K to $161K. In its most recent filing year (2023), Drop Inn Ministries Of Iowa reported a surplus of $17K, with revenue exceeding expenses. The organization holds $838 in liabilities against $51K in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $50K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $178K | $161K | $51K | $838 | — | — |
| 2022 | $115K | $148K | $33K | $766 | — | View 990 |
| 2021 | $167K | $117K | $67K | $2K | — | — |
| 2020 | $271K | $358K | $34K | $1K | — | View 990 |
| 2019 | $334K | $291K | $122K | $2K | — | View 990 |
| 2018 | $243K | $234K | $78K | $1K | — | — |
| 2017 | $261K | $213K | $69K | $817 | — | View 990 |
| 2016 | $148K | $145K | $20K | $434 | — | View 990 |
| 2015 | $85K | $82K | $19K | $2K | — | View 990 |
| 2014 | $67K | $75K | $20K | $7K | — | View 990 |
| 2013 | $97K | $76K | $31K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $178K, expenses of $161K, and assets of $51K (revenue +54.8% year-over-year).
- 2022: Revenue of $115K, expenses of $148K, and assets of $33K (revenue -31.3% year-over-year).
- 2021: Revenue of $167K, expenses of $117K, and assets of $67K (revenue -38.4% year-over-year).
- 2020: Revenue of $271K, expenses of $358K, and assets of $34K (revenue -18.9% year-over-year).
- 2019: Revenue of $334K, expenses of $291K, and assets of $122K (revenue +37.5% year-over-year).
- 2018: Revenue of $243K, expenses of $234K, and assets of $78K (revenue -7.0% year-over-year).
- 2017: Revenue of $261K, expenses of $213K, and assets of $69K (revenue +76.8% year-over-year).
- 2016: Revenue of $148K, expenses of $145K, and assets of $20K (revenue +74.3% year-over-year).
- 2015: Revenue of $85K, expenses of $82K, and assets of $19K (revenue +25.8% year-over-year).
- 2014: Revenue of $67K, expenses of $75K, and assets of $20K (revenue -30.7% year-over-year).
- 2013: Revenue of $97K, expenses of $76K, and assets of $31K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Drop Inn Ministries Of Iowa:
Data Sources and Methodology
This transparency report for Drop Inn Ministries Of Iowa 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.