Immigrant Entrepreneurs Summit
Immigrant Entrepreneurs Summit shows consistent revenue but recent deficit spending reduced assets.
EIN: 205347868 · Des Moines, IA · NTEE: I80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $171K |
| Total Expenses | $178K |
| Program Spending | 80% |
| Net Assets | $46K |
| Transparency Score | 75/100 |
Is Immigrant Entrepreneurs Summit Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Immigrant Entrepreneurs Summit directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Immigrant Entrepreneurs Summit
Immigrant Entrepreneurs Summit (EIN: 205347868) is a nonprofit organization based in Des Moines, IA, classified under NTEE code I80. The organization reported total revenue of $171K and total assets of $15K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Immigrant Entrepreneurs Summit's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Immigrant Entrepreneurs Summit is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $134K |
| Total Expenses | $178K |
| Surplus / Deficit | $-43,828 |
| Total Assets | $46K |
| Net Assets | $46K |
| Operating Margin | -32.7% |
| Months of Reserves | 3.1 months |
Financial Health Grade: B
In 2023, Immigrant Entrepreneurs Summit reported a deficit of $44K with expenses exceeding revenue, holds 3.1 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Immigrant Entrepreneurs Summit's revenue has grown at a compound annual growth rate (CAGR) of 7.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -25.4% | +25.5% | -49.4% |
| 2022 | +39.7% | +48.7% | +68.3% |
| 2021 | +28.0% | -1.7% | +113.3% |
| 2020 | -13.3% | -24.6% | +589.6% |
| 2019 | -34.0% | -23.3% | -77.4% |
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 Immigrant Entrepreneurs Summit with a Mission Score of 75 out of 100 (Good). 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, Immigrant Entrepreneurs Summit 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $44K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating a volunteer-led executive team. This suggests a high dedication to the mission and efficient use of funds, as no direct salary expenses are allocated to top leadership.
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 Immigrant Entrepreneurs Summit's IRS 990 filings:
- Expenses exceeded revenue in the most recent fiscal period (202312), leading to a significant reduction in assets.
- Relatively low asset base ($15,206 currently) provides limited financial cushion for future operations or unexpected events.
Strengths
The following positive indicators were identified for Immigrant Entrepreneurs Summit:
- Consistent reporting of 0% officer compensation, indicating a volunteer-driven or highly efficient leadership structure.
- Long history of IRS 990 filings (13 filings), demonstrating strong commitment to transparency and compliance.
- Consistent revenue generation over many years, showing a stable funding base.
- Zero liabilities reported in most recent filings (2023, 2022, 2021), indicating sound debt management.
Frequently Asked Questions about Immigrant Entrepreneurs Summit
Is Immigrant Entrepreneurs Summit a legitimate charity?
Immigrant Entrepreneurs Summit (EIN: 205347868) is a registered tax-exempt nonprofit based in Iowa. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $171K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Immigrant Entrepreneurs Summit spend its money?
Immigrant Entrepreneurs Summit directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Immigrant Entrepreneurs Summit tax-deductible?
Immigrant Entrepreneurs Summit is registered as a tax-exempt nonprofit (EIN: 205347868). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Immigrant Entrepreneurs Summit's spending goes to programs?
Immigrant Entrepreneurs Summit directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Immigrant Entrepreneurs Summit compare to similar nonprofits?
With a transparency score of 75/100 (Good), Immigrant Entrepreneurs Summit is above average for NTEE category I80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Immigrant Entrepreneurs Summit located?
Immigrant Entrepreneurs Summit is headquartered in Des Moines, Iowa and files with the IRS under EIN 205347868. It is classified under NTEE code I80.
How many years of IRS 990 filings does Immigrant Entrepreneurs Summit have?
Immigrant Entrepreneurs Summit 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 $171K in total revenue.
Is Immigrant Entrepreneurs Summit a good charity?
Based on the available data, IES appears to be a good charity. It consistently files its IRS 990s, reports 0% officer compensation, and has a history of generating revenue to support its mission. The recent deficit spending in 2023 is a point to monitor, but overall, its financial practices suggest a commitment to its cause.
What caused the significant drop in assets from 2022 to 2023?
The drop in assets from $90,865 in 2022 to $45,998 in 2023 is primarily due to expenses ($177,836) exceeding revenue ($134,008) in the 2023 fiscal period. This deficit spending consumed a portion of the organization's accumulated reserves.
How does Immigrant Entrepreneurs Summit sustain itself with 0% officer compensation?
The 0% officer compensation suggests that the organization's leadership is either entirely volunteer-based, or compensated through other means not reported as direct officer compensation on the 990, such as through a related entity or as general staff if their roles are not classified as 'officer' for tax purposes. This model can be sustainable for smaller organizations with dedicated volunteers.
Filing History
IRS 990 filing history for Immigrant Entrepreneurs Summit showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Immigrant Entrepreneurs Summit's revenue has grown by 140.1%, moving from $56K to $134K. Total assets increased by 296.4% over the same period, from $12K to $46K. Total functional expenses rose by 288.2%, from $46K to $178K. In its most recent filing year (2023), Immigrant Entrepreneurs Summit reported a deficit of $44K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $134K | $178K | $46K | $0 | — | View 990 |
| 2022 | $180K | $142K | $91K | $0 | — | View 990 |
| 2021 | $128K | $95K | $54K | $0 | — | View 990 |
| 2020 | $100K | $97K | $25K | $18K | — | View 990 |
| 2019 | $116K | $129K | $4K | $56 | — | View 990 |
| 2018 | $176K | $167K | $16K | $0 | — | View 990 |
| 2017 | $124K | $125K | $8K | $0 | — | View 990 |
| 2016 | $88K | $91K | $11K | $2K | — | View 990 |
| 2015 | $86K | $101K | $19K | $10K | — | View 990 |
| 2014 | $84K | $87K | $17K | $0 | — | View 990 |
| 2013 | $72K | $80K | $20K | $0 | — | View 990 |
| 2012 | $60K | $44K | $28K | $0 | — | View 990 |
| 2011 | $56K | $46K | $12K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $134K, expenses of $178K, and assets of $46K (revenue -25.4% year-over-year).
- 2022: Revenue of $180K, expenses of $142K, and assets of $91K (revenue +39.7% year-over-year).
- 2021: Revenue of $128K, expenses of $95K, and assets of $54K (revenue +28.0% year-over-year).
- 2020: Revenue of $100K, expenses of $97K, and assets of $25K (revenue -13.3% year-over-year).
- 2019: Revenue of $116K, expenses of $129K, and assets of $4K (revenue -34.0% year-over-year).
- 2018: Revenue of $176K, expenses of $167K, and assets of $16K (revenue +42.1% year-over-year).
- 2017: Revenue of $124K, expenses of $125K, and assets of $8K (revenue +40.6% year-over-year).
- 2016: Revenue of $88K, expenses of $91K, and assets of $11K (revenue +2.2% year-over-year).
- 2015: Revenue of $86K, expenses of $101K, and assets of $19K (revenue +2.6% year-over-year).
- 2014: Revenue of $84K, expenses of $87K, and assets of $17K (revenue +15.5% year-over-year).
- 2013: Revenue of $72K, expenses of $80K, and assets of $20K (revenue +21.8% year-over-year).
- 2012: Revenue of $60K, expenses of $44K, and assets of $28K (revenue +6.6% year-over-year).
- 2011: Revenue of $56K, expenses of $46K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Immigrant Entrepreneurs Summit:
Data Sources and Methodology
This transparency report for Immigrant Entrepreneurs Summit 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.