Impact Iowas Heroes Inc
EIN: 833397719 · Windsor Heights, IA · NTEE: W30
| Metric | Value |
|---|---|
| Total Revenue | $144K |
| Total Expenses | $191K |
| Net Assets | $192K |
Is Impact Iowas Heroes Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Impact Iowas Heroes Inc
Impact Iowas Heroes Inc (EIN: 833397719) is a nonprofit organization based in Windsor Heights, IA, classified under NTEE code W30. The organization reported total revenue of $144K and total assets of $138K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Impact Iowas Heroes Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Impact Iowas Heroes Inc is a small nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -9.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $255K |
| Total Expenses | $191K |
| Surplus / Deficit | +$63K |
| Total Assets | $193K |
| Total Liabilities | $677 |
| Net Assets | $192K |
| Operating Margin | 24.9% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 12.1 months |
Financial Health Grade: A
In 2023, Impact Iowas Heroes Inc reported a surplus of $63K with revenue exceeding expenses, holds 12.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Impact Iowas Heroes Inc's revenue has declined at a compound annual growth rate (CAGR) of -9.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.8% | +29.9% | +49.9% |
| 2022 | +47.8% | +71.1% | +67.6% |
| 2021 | +134.4% | +20.8% | +176.5% |
| 2020 | -85.1% | -79.4% | -38.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Impact Iowas Heroes Inc 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 Impact Iowas Heroes Inc 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 $63K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Frequently Asked Questions about Impact Iowas Heroes Inc
Is Impact Iowas Heroes Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Impact Iowas Heroes Inc (EIN: 833397719) insufficient data. 0 red flags identified, 0 strengths noted.
How does Impact Iowas Heroes Inc spend its money?
Detailed spending breakdown data is not yet available for Impact Iowas Heroes Inc. Check back for updated IRS 990 analysis.
Are donations to Impact Iowas Heroes Inc tax-deductible?
Impact Iowas Heroes Inc is registered as a tax-exempt nonprofit (EIN: 833397719). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Impact Iowas Heroes Inc located?
Impact Iowas Heroes Inc is headquartered in Windsor Heights, Iowa and files with the IRS under EIN 833397719. It is classified under NTEE code W30.
How many years of IRS 990 filings does Impact Iowas Heroes Inc have?
Impact Iowas Heroes Inc has 5 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 $144K in total revenue.
Filing History
IRS 990 filing history for Impact Iowas Heroes Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Impact Iowas Heroes Inc's revenue has declined by 34.1%, moving from $387K to $255K. Total assets increased by 329.4% over the same period, from $45K to $193K. Total functional expenses fell by 44.6%, from $345K to $191K. In its most recent filing year (2023), Impact Iowas Heroes Inc reported a surplus of $63K, with revenue exceeding expenses. The organization holds $677 in liabilities against $193K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $192K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $255K | $191K | $193K | $677 | — | — |
| 2022 | $199K | $147K | $129K | $0 | — | View 990 |
| 2021 | $135K | $86K | $77K | $190 | — | View 990 |
| 2020 | $58K | $71K | $28K | $0 | — | — |
| 2019 | $387K | $345K | $45K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $255K, expenses of $191K, and assets of $193K (revenue +27.8% year-over-year).
- 2022: Revenue of $199K, expenses of $147K, and assets of $129K (revenue +47.8% year-over-year).
- 2021: Revenue of $135K, expenses of $86K, and assets of $77K (revenue +134.4% year-over-year).
- 2020: Revenue of $58K, expenses of $71K, and assets of $28K (revenue -85.1% year-over-year).
- 2019: Revenue of $387K, expenses of $345K, and assets of $45K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Impact Iowas Heroes Inc:
Data Sources and Methodology
This transparency report for Impact Iowas Heroes Inc 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.