Homebuilders Association Of Iowa City
EIN: 420990378 · Iowa City, IA
| Metric | Value |
|---|---|
| Total Revenue | $414K |
| Total Expenses | $380K |
| Net Assets | $132K |
Is Homebuilders Association Of Iowa City Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Homebuilders Association Of Iowa City
Homebuilders Association Of Iowa City (EIN: 420990378) is a nonprofit organization based in Iowa City, IA. The organization reported total revenue of $414K and total assets of $297K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Homebuilders Association Of Iowa City's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Homebuilders Association Of Iowa City is a small nonprofit that has been operating for 53 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 | $402K |
| Total Expenses | $380K |
| Surplus / Deficit | +$21K |
| Total Assets | $232K |
| Total Liabilities | $101K |
| Net Assets | $132K |
| Operating Margin | 5.3% |
| Debt-to-Asset Ratio | 43.3% |
| Months of Reserves | 7.3 months |
Financial Health Grade: A
In 2023, Homebuilders Association Of Iowa City reported a surplus of $21K with revenue exceeding expenses, holds 7.3 months of operating reserves (strong position), has a debt-to-asset ratio of 43.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Homebuilders Association Of Iowa City's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +34.2% | +3.6% | +2.0% |
| 2022 | -14.9% | +1.4% | -19.6% |
| 2021 | -5.0% | -9.5% | +12.0% |
| 2020 | -5.8% | -5.3% | -23.8% |
| 2019 | -0.7% | +6.4% | -7.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1973 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Homebuilders Association Of Iowa City 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 Homebuilders Association Of Iowa City 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 $21K, with revenue exceeding expenses.
- Debt-to-asset ratio: 43.3%.
Frequently Asked Questions about Homebuilders Association Of Iowa City
Is Homebuilders Association Of Iowa City a legitimate charity?
Homebuilders Association Of Iowa City (EIN: 420990378) is a registered tax-exempt nonprofit based in Iowa. It has 13 years of IRS 990 filings on record. Total revenue: $414K. No red flags identified. Financial health grade: A.
How does Homebuilders Association Of Iowa City spend its money?
Homebuilders Association Of Iowa City reported $414K 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 Homebuilders Association Of Iowa City tax-deductible?
Homebuilders Association Of Iowa City is registered as a tax-exempt nonprofit (EIN: 420990378). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Homebuilders Association Of Iowa City located?
Homebuilders Association Of Iowa City is headquartered in Iowa City, Iowa and files with the IRS under EIN 420990378.
How many years of IRS 990 filings does Homebuilders Association Of Iowa City have?
Homebuilders Association Of Iowa City 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 $414K in total revenue.
Filing History
IRS 990 filing history for Homebuilders Association Of Iowa City showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Homebuilders Association Of Iowa City's revenue has grown by 22.9%, moving from $327K to $402K. Total assets decreased by 14.7% over the same period, from $272K to $232K. Total functional expenses rose by 19.6%, from $318K to $380K. In its most recent filing year (2023), Homebuilders Association Of Iowa City reported a surplus of $21K, with revenue exceeding expenses. The organization holds $101K in liabilities against $232K in assets (debt-to-asset ratio: 43.3%), resulting in net assets of $132K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $402K | $380K | $232K | $101K | — | — |
| 2022 | $299K | $367K | $228K | $117K | — | View 990 |
| 2021 | $352K | $362K | $283K | $105K | — | View 990 |
| 2020 | $370K | $400K | $253K | $64K | — | — |
| 2019 | $393K | $423K | $332K | $113K | — | View 990 |
| 2018 | $396K | $397K | $358K | $110K | — | View 990 |
| 2017 | $404K | $372K | $411K | $161K | — | — |
| 2016 | $380K | $343K | $401K | $183K | — | View 990 |
| 2015 | $353K | $371K | $335K | $155K | — | View 990 |
| 2014 | $349K | $329K | $326K | $127K | — | View 990 |
| 2013 | $336K | $320K | $314K | $136K | — | View 990 |
| 2012 | $353K | $342K | $279K | $116K | — | View 990 |
| 2011 | $327K | $318K | $272K | $120K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $402K, expenses of $380K, and assets of $232K (revenue +34.2% year-over-year).
- 2022: Revenue of $299K, expenses of $367K, and assets of $228K (revenue -14.9% year-over-year).
- 2021: Revenue of $352K, expenses of $362K, and assets of $283K (revenue -5.0% year-over-year).
- 2020: Revenue of $370K, expenses of $400K, and assets of $253K (revenue -5.8% year-over-year).
- 2019: Revenue of $393K, expenses of $423K, and assets of $332K (revenue -0.7% year-over-year).
- 2018: Revenue of $396K, expenses of $397K, and assets of $358K (revenue -2.1% year-over-year).
- 2017: Revenue of $404K, expenses of $372K, and assets of $411K (revenue +6.2% year-over-year).
- 2016: Revenue of $380K, expenses of $343K, and assets of $401K (revenue +7.6% year-over-year).
- 2015: Revenue of $353K, expenses of $371K, and assets of $335K (revenue +1.3% year-over-year).
- 2014: Revenue of $349K, expenses of $329K, and assets of $326K (revenue +4.0% year-over-year).
- 2013: Revenue of $336K, expenses of $320K, and assets of $314K (revenue -4.9% year-over-year).
- 2012: Revenue of $353K, expenses of $342K, and assets of $279K (revenue +8.0% year-over-year).
- 2011: Revenue of $327K, expenses of $318K, and assets of $272K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Homebuilders Association Of Iowa City:
Data Sources and Methodology
This transparency report for Homebuilders Association Of Iowa City 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.