Greater Des Moines Heating And Cooling Association
EIN: 421224692 · Ankeny, IA
| Metric | Value |
|---|---|
| Total Revenue | $13K |
| Total Expenses | $14K |
| Net Assets | $29K |
Is Greater Des Moines Heating And Cooling Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Greater Des Moines Heating And Cooling Association
Greater Des Moines Heating And Cooling Association (EIN: 421224692) is a nonprofit organization based in Ankeny, IA. The organization reported total revenue of $13K and total assets of $27K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greater Des Moines Heating And Cooling Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greater Des Moines Heating And Cooling Association is a micro nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $15K |
| Total Expenses | $14K |
| Surplus / Deficit | +$2K |
| Total Assets | $29K |
| Net Assets | $29K |
| Operating Margin | 10.2% |
| Months of Reserves | 25.9 months |
Financial Health Grade: A
In 2023, Greater Des Moines Heating And Cooling Association reported a surplus of $2K with revenue exceeding expenses, holds 25.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Greater Des Moines Heating And Cooling Association's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.0% | -27.9% | +5.6% |
| 2022 | +57.0% | +49.5% | -3.6% |
| 2021 | +34.0% | +50.2% | -4.2% |
| 2020 | -54.8% | -39.9% | +0.2% |
| 2019 | +30.7% | -41.2% | +18.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Greater Des Moines Heating And Cooling Association 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 Greater Des Moines Heating And Cooling Association 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 $2K, with revenue exceeding expenses.
Frequently Asked Questions about Greater Des Moines Heating And Cooling Association
Is Greater Des Moines Heating And Cooling Association a legitimate charity?
Greater Des Moines Heating And Cooling Association (EIN: 421224692) is a registered tax-exempt nonprofit based in Iowa. It has 13 years of IRS 990 filings on record. Total revenue: $13K. No red flags identified. Financial health grade: A.
How does Greater Des Moines Heating And Cooling Association spend its money?
Greater Des Moines Heating And Cooling Association reported $13K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Greater Des Moines Heating And Cooling Association tax-deductible?
Greater Des Moines Heating And Cooling Association is registered as a tax-exempt nonprofit (EIN: 421224692). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Greater Des Moines Heating And Cooling Association located?
Greater Des Moines Heating And Cooling Association is headquartered in Ankeny, Iowa and files with the IRS under EIN 421224692.
How many years of IRS 990 filings does Greater Des Moines Heating And Cooling Association have?
Greater Des Moines Heating And Cooling Association has 13 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 $13K in total revenue.
Filing History
IRS 990 filing history for Greater Des Moines Heating And Cooling Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Greater Des Moines Heating And Cooling Association's revenue has grown by 22.1%, moving from $12K to $15K. Total assets increased by 896.1% over the same period, from $3K to $29K. Total functional expenses fell by 12.9%, from $16K to $14K. In its most recent filing year (2023), Greater Des Moines Heating And Cooling Association reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $15K | $14K | $29K | $0 | — | — |
| 2022 | $18K | $19K | $28K | $0 | — | — |
| 2021 | $11K | $13K | $29K | $0 | — | — |
| 2020 | $8K | $8K | $30K | $0 | — | View 990 |
| 2019 | $19K | $14K | $30K | $0 | — | View 990 |
| 2018 | $14K | $24K | $25K | $0 | — | View 990 |
| 2017 | $15K | $11K | $35K | $0 | — | View 990 |
| 2016 | $15K | $9K | $30K | $0 | — | View 990 |
| 2015 | $14K | $10K | $24K | $0 | — | View 990 |
| 2014 | $13K | $9K | $19K | $0 | — | View 990 |
| 2013 | $15K | $9K | $15K | $0 | — | View 990 |
| 2012 | $15K | $9K | $9K | $0 | — | View 990 |
| 2011 | $12K | $16K | $3K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15K, expenses of $14K, and assets of $29K (revenue -15.0% year-over-year).
- 2022: Revenue of $18K, expenses of $19K, and assets of $28K (revenue +57.0% year-over-year).
- 2021: Revenue of $11K, expenses of $13K, and assets of $29K (revenue +34.0% year-over-year).
- 2020: Revenue of $8K, expenses of $8K, and assets of $30K (revenue -54.8% year-over-year).
- 2019: Revenue of $19K, expenses of $14K, and assets of $30K (revenue +30.7% year-over-year).
- 2018: Revenue of $14K, expenses of $24K, and assets of $25K (revenue -6.8% year-over-year).
- 2017: Revenue of $15K, expenses of $11K, and assets of $35K (revenue -0.1% year-over-year).
- 2016: Revenue of $15K, expenses of $9K, and assets of $30K (revenue +5.9% year-over-year).
- 2015: Revenue of $14K, expenses of $10K, and assets of $24K (revenue +9.4% year-over-year).
- 2014: Revenue of $13K, expenses of $9K, and assets of $19K (revenue -12.7% year-over-year).
- 2013: Revenue of $15K, expenses of $9K, and assets of $15K (revenue +3.1% year-over-year).
- 2012: Revenue of $15K, expenses of $9K, and assets of $9K (revenue +19.0% year-over-year).
- 2011: Revenue of $12K, expenses of $16K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greater Des Moines Heating And Cooling Association:
Data Sources and Methodology
This transparency report for Greater Des Moines Heating And Cooling Association 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.