Howard County Experimental Association
EIN: 421101260 · Cresco, IA
| Metric | Value |
|---|---|
| Total Revenue | $41K |
| Total Expenses | $41K |
| Net Assets | $163K |
Is Howard County Experimental Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Howard County Experimental Association
Howard County Experimental Association (EIN: 421101260) is a nonprofit organization based in Cresco, IA. The organization reported total revenue of $41K and total assets of $166K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Howard County Experimental Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Howard County Experimental Association is a micro nonprofit that has been operating for 42 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $19K |
| Total Expenses | $41K |
| Surplus / Deficit | $-21,368 |
| Total Assets | $163K |
| Total Liabilities | $1 |
| Net Assets | $163K |
| Operating Margin | -110.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 48.2 months |
Financial Health Grade: B
In 2023, Howard County Experimental Association reported a deficit of $21K with expenses exceeding revenue, holds 48.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Howard County Experimental Association's revenue has declined at a compound annual growth rate (CAGR) of -3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -53.1% | -9.7% | -11.6% |
| 2022 | -29.3% | +20.4% | -2.0% |
| 2021 | +27.1% | +108.9% | +12.5% |
| 2020 | +22.1% | -23.5% | +20.1% |
| 2019 | +83.0% | -35.5% | +79.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Howard County Experimental 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 Howard County Experimental 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 deficit of $21K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Howard County Experimental Association
Is Howard County Experimental Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Howard County Experimental Association (EIN: 421101260) insufficient data. 0 red flags identified, 0 strengths noted.
How does Howard County Experimental Association spend its money?
Detailed spending breakdown data is not yet available for Howard County Experimental Association. Check back for updated IRS 990 analysis.
Are donations to Howard County Experimental Association tax-deductible?
Howard County Experimental Association is registered as a tax-exempt nonprofit (EIN: 421101260). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Howard County Experimental Association located?
Howard County Experimental Association is headquartered in Cresco, Iowa and files with the IRS under EIN 421101260.
How many years of IRS 990 filings does Howard County Experimental Association have?
Howard County Experimental Association has 10 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 $41K in total revenue.
Filing History
IRS 990 filing history for Howard County Experimental Association showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Howard County Experimental Association's revenue has declined by 36.5%, moving from $30K to $19K. Total assets increased by 106.3% over the same period, from $79K to $163K. Total functional expenses rose by 71.4%, from $24K to $41K. In its most recent filing year (2023), Howard County Experimental Association reported a deficit of $21K, with expenses exceeding revenue. The organization holds $1 in liabilities against $163K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $163K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $19K | $41K | $163K | $1 | — | — |
| 2022 | $41K | $45K | $185K | $1 | — | — |
| 2021 | $58K | $37K | $189K | $1 | — | — |
| 2020 | $46K | $18K | $168K | $1 | — | — |
| 2019 | $38K | $23K | $140K | $1 | — | View 990 |
| 2015 | $21K | $36K | $78K | $1 | — | View 990 |
| 2014 | $10K | $30K | $93K | $1 | — | View 990 |
| 2013 | $33K | $17K | $113K | $1 | — | View 990 |
| 2012 | $42K | $24K | $97K | $1 | — | View 990 |
| 2011 | $30K | $24K | $79K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $19K, expenses of $41K, and assets of $163K (revenue -53.1% year-over-year).
- 2022: Revenue of $41K, expenses of $45K, and assets of $185K (revenue -29.3% year-over-year).
- 2021: Revenue of $58K, expenses of $37K, and assets of $189K (revenue +27.1% year-over-year).
- 2020: Revenue of $46K, expenses of $18K, and assets of $168K (revenue +22.1% year-over-year).
- 2019: Revenue of $38K, expenses of $23K, and assets of $140K (revenue +83.0% year-over-year).
- 2015: Revenue of $21K, expenses of $36K, and assets of $78K (revenue +107.3% year-over-year).
- 2014: Revenue of $10K, expenses of $30K, and assets of $93K (revenue -69.6% year-over-year).
- 2013: Revenue of $33K, expenses of $17K, and assets of $113K (revenue -22.7% year-over-year).
- 2012: Revenue of $42K, expenses of $24K, and assets of $97K (revenue +38.3% year-over-year).
- 2011: Revenue of $30K, expenses of $24K, and assets of $79K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Howard County Experimental Association:
Data Sources and Methodology
This transparency report for Howard County Experimental 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.