Herman L Rowley Memorial Trust
EIN: 420807103 · Council Blfs, IA · NTEE: P75I
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $60K |
| Net Assets | $-101,197 |
Is Herman L Rowley Memorial Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Herman L Rowley Memorial Trust
Herman L Rowley Memorial Trust (EIN: 420807103) is a nonprofit organization based in Council Blfs, IA, classified under NTEE code P75I. The organization reported total revenue of $1.1M and total assets of $542K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Herman L Rowley Memorial Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Herman L Rowley Memorial Trust is a mid-size nonprofit that has been operating for 70 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -38.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $7K |
| Total Expenses | $60K |
| Surplus / Deficit | $-53,626 |
| Total Assets | $293K |
| Total Liabilities | $394K |
| Net Assets | $-101,197 |
| Operating Margin | -783.5% |
| Debt-to-Asset Ratio | 134.6% |
| Months of Reserves | 58.1 months |
Financial Health Grade: C
In 2024, Herman L Rowley Memorial Trust reported a deficit of $54K with expenses exceeding revenue, holds 58.1 months of operating reserves (strong position), has a debt-to-asset ratio of 134.6% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Herman L Rowley Memorial Trust's revenue has declined at a compound annual growth rate (CAGR) of -38.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -100.0% | — | -5.6% |
| 2021 | -100.0% | -100.0% | +0.0% |
| 2020 | +4.5% | +0.9% | -0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1956 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Herman L Rowley Memorial 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 Herman L Rowley Memorial 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $54K, with expenses exceeding revenue.
- Debt-to-asset ratio: 134.6%.
Frequently Asked Questions about Herman L Rowley Memorial Trust
Is Herman L Rowley Memorial Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Herman L Rowley Memorial Trust (EIN: 420807103) insufficient data. 0 red flags identified, 0 strengths noted.
How does Herman L Rowley Memorial Trust spend its money?
Detailed spending breakdown data is not yet available for Herman L Rowley Memorial Trust. Check back for updated IRS 990 analysis.
Are donations to Herman L Rowley Memorial Trust tax-deductible?
Herman L Rowley Memorial Trust is registered as a tax-exempt nonprofit (EIN: 420807103). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Herman L Rowley Memorial Trust located?
Herman L Rowley Memorial Trust is headquartered in Council Blfs, Iowa and files with the IRS under EIN 420807103. It is classified under NTEE code P75I.
How many years of IRS 990 filings does Herman L Rowley Memorial Trust have?
Herman L Rowley Memorial Trust has 14 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 $1.1M in total revenue.
Filing History
IRS 990 filing history for Herman L Rowley Memorial Trust showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Herman L Rowley Memorial Trust's revenue has declined by 99.8%, moving from $3.9M to $7K. Total assets decreased by 96.9% over the same period, from $9.5M to $293K. Total functional expenses fell by 98.5%, from $4.0M to $60K. In its most recent filing year (2024), Herman L Rowley Memorial Trust reported a deficit of $54K, with expenses exceeding revenue. The organization holds $394K in liabilities against $293K in assets (debt-to-asset ratio: 134.6%), resulting in net assets of $-101,197.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $7K | $60K | $293K | $394K | — | — |
| 2023 | $0 | $48K | $801K | $848K | — | View 990 |
| 2022 | $773K | $0 | $848K | $848K | — | View 990 |
| 2021 | $0 | $0 | $19.2M | $20.0M | — | — |
| 2020 | $4.3M | $5.9M | $19.2M | $20.0M | — | View 990 |
| 2019 | $4.1M | $5.9M | $19.3M | $18.5M | — | View 990 |
| 2018 | $4.4M | $5.8M | $19.3M | $16.7M | — | View 990 |
| 2017 | $4.9M | $5.7M | $20.3M | $16.4M | — | View 990 |
| 2016 | $4.7M | $5.2M | $21.0M | $16.4M | — | View 990 |
| 2015 | $3.9M | $4.6M | $23.5M | $18.3M | — | View 990 |
| 2014 | $4.4M | $4.2M | $21.1M | $15.1M | — | View 990 |
| 2013 | $4.4M | $4.2M | $9.8M | $3.9M | — | View 990 |
| 2012 | $3.9M | $4.0M | $9.4M | $3.6M | — | View 990 |
| 2011 | $3.9M | $4.0M | $9.5M | $3.7M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $7K, expenses of $60K, and assets of $293K.
- 2023: Revenue of $0, expenses of $48K, and assets of $801K (revenue -100.0% year-over-year).
- 2022: Revenue of $773K, expenses of $0, and assets of $848K.
- 2021: Revenue of $0, expenses of $0, and assets of $19.2M (revenue -100.0% year-over-year).
- 2020: Revenue of $4.3M, expenses of $5.9M, and assets of $19.2M (revenue +4.5% year-over-year).
- 2019: Revenue of $4.1M, expenses of $5.9M, and assets of $19.3M (revenue -6.8% year-over-year).
- 2018: Revenue of $4.4M, expenses of $5.8M, and assets of $19.3M (revenue -9.8% year-over-year).
- 2017: Revenue of $4.9M, expenses of $5.7M, and assets of $20.3M (revenue +4.1% year-over-year).
- 2016: Revenue of $4.7M, expenses of $5.2M, and assets of $21.0M (revenue +21.5% year-over-year).
- 2015: Revenue of $3.9M, expenses of $4.6M, and assets of $23.5M (revenue -10.9% year-over-year).
- 2014: Revenue of $4.4M, expenses of $4.2M, and assets of $21.1M (revenue +0.3% year-over-year).
- 2013: Revenue of $4.4M, expenses of $4.2M, and assets of $9.8M (revenue +10.8% year-over-year).
- 2012: Revenue of $3.9M, expenses of $4.0M, and assets of $9.4M (revenue +0.7% year-over-year).
- 2011: Revenue of $3.9M, expenses of $4.0M, and assets of $9.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Herman L Rowley Memorial Trust:
Data Sources and Methodology
This transparency report for Herman L Rowley Memorial 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.