Ihsaa Achieve Foundation
Ihsaa Achieve Foundation faces persistent operating deficits and declining assets.
EIN: 201406019 · Boone, IA · NTEE: A11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $800K |
| Total Expenses | $383K |
| Program Spending | 80% |
| Net Assets | $3.1M |
| Transparency Score | 55/100 |
Is Ihsaa Achieve Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ihsaa Achieve Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ihsaa Achieve Foundation
Ihsaa Achieve Foundation (EIN: 201406019) is a nonprofit organization based in Boone, IA, classified under NTEE code A11. The organization reported total revenue of $800K and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ihsaa Achieve Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ihsaa Achieve Foundation is a small nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -11.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $128K |
| Total Expenses | $383K |
| Surplus / Deficit | $-255,221 |
| Total Assets | $3.1M |
| Total Liabilities | $3K |
| Net Assets | $3.1M |
| Operating Margin | -199.5% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 98.3 months |
Financial Health Grade: B
In 2024, Ihsaa Achieve Foundation reported a deficit of $255K with expenses exceeding revenue, holds 98.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Ihsaa Achieve Foundation's revenue has declined at a compound annual growth rate (CAGR) of -11.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +5.3% | +35.0% | -3.7% |
| 2023 | +33.6% | +41.6% | -3.1% |
| 2022 | -57.3% | -42.8% | -7.1% |
| 2021 | -0.7% | -16.6% | +2.4% |
| 2020 | -59.8% | -41.9% | -6.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ihsaa Achieve Foundation with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Ihsaa Achieve Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $255K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization does not pay its officers, which is a positive for minimizing administrative costs relative to its size and revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Ihsaa Achieve Foundation's IRS 990 filings:
- Consistent and significant operating deficits (e.g., $255,221 deficit in 2024).
- Steady decline in total assets over multiple years ($3.9M in 2018 to $3.1M in 2024).
- Expenses consistently exceeding revenue in recent periods.
Strengths
The following positive indicators were identified for Ihsaa Achieve Foundation:
- No executive compensation reported, indicating low administrative overhead in this area.
- Very low liabilities across all reported periods.
Frequently Asked Questions about Ihsaa Achieve Foundation
Is Ihsaa Achieve Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Ihsaa Achieve Foundation (EIN: 201406019) some concerns. Mission Score: 55/100. 3 red flags identified, 2 strengths noted.
How does Ihsaa Achieve Foundation spend its money?
Ihsaa Achieve Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ihsaa Achieve Foundation tax-deductible?
Ihsaa Achieve Foundation is registered as a tax-exempt nonprofit (EIN: 201406019). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ihsaa Achieve Foundation's spending goes to programs?
Ihsaa Achieve Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ihsaa Achieve Foundation compare to similar nonprofits?
With a transparency score of 55/100 (Fair), Ihsaa Achieve Foundation is near average for NTEE category A11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ihsaa Achieve Foundation located?
Ihsaa Achieve Foundation is headquartered in Boone, Iowa and files with the IRS under EIN 201406019. It is classified under NTEE code A11.
How many years of IRS 990 filings does Ihsaa Achieve Foundation have?
Ihsaa Achieve Foundation 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 $800K in total revenue.
Is Ihsaa Achieve Foundation financially sustainable?
The foundation's financial sustainability is questionable given the consistent and significant operating deficits, where expenses have far outstripped revenue in recent years (e.g., $383,126 expenses vs. $127,905 revenue in 2024).
Why are the assets declining?
Assets have been declining steadily, from $3,933,488 in 2018 to $3,139,596 in 2024, likely due to the organization using its reserves to cover the recurring operational deficits.
What is the primary source of the organization's revenue?
While the filings show revenue figures, the specific breakdown of revenue sources (e.g., donations, grants, program service revenue) is not provided in the summary data, making it difficult to determine the primary source.
How does the lack of officer compensation impact the organization?
The 0% officer compensation indicates a commitment to minimizing administrative overhead, which is generally positive for a nonprofit, but it doesn't offset the larger issue of insufficient revenue to cover overall expenses.
Filing History
IRS 990 filing history for Ihsaa Achieve Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Ihsaa Achieve Foundation's revenue has declined by 79.8%, moving from $634K to $128K. Total assets increased by 69.8% over the same period, from $1.8M to $3.1M. Total functional expenses rose by 1023.9%, from $34K to $383K. In its most recent filing year (2024), Ihsaa Achieve Foundation reported a deficit of $255K, with expenses exceeding revenue. The organization holds $3K in liabilities against $3.1M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $3.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $128K | $383K | $3.1M | $3K | — | — |
| 2023 | $121K | $284K | $3.3M | $3K | — | View 990 |
| 2022 | $91K | $200K | $3.4M | $3K | — | View 990 |
| 2021 | $213K | $350K | $3.6M | $3K | — | View 990 |
| 2020 | $215K | $420K | $3.5M | $3K | — | View 990 |
| 2019 | $534K | $722K | $3.8M | $2K | — | View 990 |
| 2018 | $520K | $87K | $3.9M | $2K | — | View 990 |
| 2017 | $376K | $171K | $3.5M | $3K | — | View 990 |
| 2016 | $427K | $174K | $3.3M | $3K | — | View 990 |
| 2015 | $614K | $87K | $3.0M | $2K | — | View 990 |
| 2014 | $276K | $72K | $2.5M | $3K | — | View 990 |
| 2013 | $375K | $323K | $2.2M | $2K | — | View 990 |
| 2012 | $393K | $111K | $2.1M | $2K | — | View 990 |
| 2011 | $634K | $34K | $1.8M | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $128K, expenses of $383K, and assets of $3.1M (revenue +5.3% year-over-year).
- 2023: Revenue of $121K, expenses of $284K, and assets of $3.3M (revenue +33.6% year-over-year).
- 2022: Revenue of $91K, expenses of $200K, and assets of $3.4M (revenue -57.3% year-over-year).
- 2021: Revenue of $213K, expenses of $350K, and assets of $3.6M (revenue -0.7% year-over-year).
- 2020: Revenue of $215K, expenses of $420K, and assets of $3.5M (revenue -59.8% year-over-year).
- 2019: Revenue of $534K, expenses of $722K, and assets of $3.8M (revenue +2.8% year-over-year).
- 2018: Revenue of $520K, expenses of $87K, and assets of $3.9M (revenue +38.2% year-over-year).
- 2017: Revenue of $376K, expenses of $171K, and assets of $3.5M (revenue -12.0% year-over-year).
- 2016: Revenue of $427K, expenses of $174K, and assets of $3.3M (revenue -30.5% year-over-year).
- 2015: Revenue of $614K, expenses of $87K, and assets of $3.0M (revenue +122.9% year-over-year).
- 2014: Revenue of $276K, expenses of $72K, and assets of $2.5M (revenue -26.5% year-over-year).
- 2013: Revenue of $375K, expenses of $323K, and assets of $2.2M (revenue -4.7% year-over-year).
- 2012: Revenue of $393K, expenses of $111K, and assets of $2.1M (revenue -38.0% year-over-year).
- 2011: Revenue of $634K, expenses of $34K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ihsaa Achieve Foundation:
Data Sources and Methodology
This transparency report for Ihsaa Achieve Foundation 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.